To commit their crimes and how they are negatively affecting the image of muslims around the world. Sometimes we get people who are sympathetic to the terrorist needs and see our audience coming in and trying to reason with the sympathizers and show them how wrong they are preaching and what they were preaching is wrong and you know, examples of how terrorism is negative. You have been watching the the communicators on cspan. If you would like to see previous programs go to cspan. Org. With congress in summer recess, we are bringing you booktv in prime time. Coming up, we will look at books about infrastructure and transportation. We will hear from harvard professor, Rosabeth Moss kanter, on her book move putting americas infrastructure back in the lead. Then discussion from the Los Angeles Times festival of books on infrastructure, engineering and science. Later, a duke Civil Engineering professor talks about the u. S. System of roads and highways in his book the road taken on saturda
We will dig into that in a few minutes. To theot confined financials. A relatively broad selloff. Groups Like Health Care are leading the downturn in todays session. At the lows of the day of the moment. The dow down 1. 5 . The nasdaq is really bucking the trend. In todays session we are watching what has been going on with crude oil as the meeting in algiers is happening among opec members. You can see crude oil prices up more than 3 in part as it looks like saudi arabia is opening the door to future Production Target deals. It is contingent upon access on our ron. The dollar falling today also. Offshore drillers doing among the best. Transocean leading some of the games in todays session. At the dowing movers. Goldman sachs initiating coverage of some of the stocks. Morgan stanley out with negative commentary. Marriott is the only one on the approved list. Winners. Ip side realty even as hotel stocks fell off, Real Estate Investment trusts going higher. They seem to be benefiting fro
Afternoon, stocks bouncing off the lows, but we have had so much volatility, so much bouncing around of the major averages. Right now, it looks like oil and stocks are tracking relatively closely together. Take a look. This is the intraday basis, and oil and the s p 500, so if you take the bloomberg apparently, we cannot do that, so i can just tell you we have got a Technical Glitch here. We are seeing oil, which has been trending lower. Right now, it is down about 5 on the day. We had the International Energy agency come out today and say essentially that supply remains ample, and, in fact, even more ample than their earlier projections, and then we had the Energy Information administration here in the United States saying that Shale Companies continue to pump more oil than anticipated, so and ite on oil prices, also affected stocks. Now, in terms of the sectors that this is effecting, we are seeing energy stocks, as you might imagine, the clyde. I natural stocks feeling pain followin
Groups are trading lower. Been week all year, the financials the worstperforming group your today. Discretionary, health care, really anything having to do with sensitivity to Economic Growth has been doing poorly in todays session. Also, were seeing money flow into where people perceive as less risky. Alix so, you see money going into gold, the 10year . Julie exactly. Gold trading at their highs since last summer. Gold has been on this run since the beginning of the year. If you go back and look at gold since last june, it has once again gone above 1200 an ounce. Also, people buying the fix today, the volatility buying today, the volatility index, also called the fear index. Not a huge spike, but above the 25 threshold that characterizes times of higher concern. And finally the yield on the 10year is notable as well. 1. 73 . It keeps going lower and lower. It is the lowest in about a year. People are buying treasuries as well, an area they perceived to be less risky. Lets have a check
He joins us as he unveils his new rocket ship that can take you into space. First, we start with the markets best week of the year for stocks. The s p was up almost 3 , stabilizing on the last two days, but there are two Big Questions facing investors as we head to the weekend. Are we out of the woods yet and who is in charge, the bullets or bears, tim . Nobody is in charge but the onus is on the bears to say china is about to blow up. Oil is going to 18 bucks, that the u. S. Company is heading to mass recession when in fact weve gotten better data. Its not great, never told you its great but to me the people who say the world is coming to an end, all the things, the confluence in the first week of the year that suddenly the world was such a bad place. Wait a second. Data has gotten worse, has gotten worse. Lock at auto sales declining. Look at what they have said autonation, what they have said. Look at whats happening with diesel demand, oil, okay, had a little bit of a rally back. J