Dinner with foreign dignitaries. He says americans see what they want to see. Investigate a to tip that the Florida School shooting suspect could be plotting an attack. Killed 17 Jeff Sessions says the shooter that killed 17 people this week was a tragic consequence of the fbis failures. It failed to a knowledge on a tip to its hotline that the shooter had a desire to kill. Pentagon Watchdog Agency is raising new doubts about theress regarding 16yearold war in afghanistan. By the year 2017, the afghan an expanded its areas of control. It is too early to judge whether president s whether President Trump schools will push the government to reconcile. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. Live from bloombergs World Headquarters in new york we are 30 minutes from the close of trading. Major averages for the moment are in the grain. Is7 whatd you miss . Scarlet special Counsel Robert Muel
Everybody waiting to see what happens. 8 30 a. M. S p futures down by less than a point. The nasdaq up by 1. 5. Yesterday you saw the nasdaq close down by basically it was flat. It was down 0. 9 points or something. It was flat. Dow and nasdaq did manage to eke out gains. Check out what happens overnight in asia. The nikkei looks like it was flat lining as well. Up 3. 5 . Shanghai comp and hang sang both a little bit higher. In europe, youll see thing are relatively positive if evfor th major averaging at least. Dax up slightly. And lets take a look at crude oil. This was the wbig story yesterday. Major pull back for crude oil prices. We have had people who have told us this week that crude was going to come down because of seasonality issues. We did see numbers this week. That has put pressure on wti. Now to the weather. Hermine has downgraded to a Tropical Storm, but not before becoming the first hurricane to make land fall in florida since 2005. The storm brought 80mileperhour winds
How long will it last . And the trouble with twitter. The u. S. Central commands twitter account, as you probably know hacked. Its not the first example. At what point does it make no sense for companies to have twitter . Which ones should stay on it . Well talk about that and more, but, first, lets check in with sue at the new york stock exchange. Hi, sioux. Hi tye. Stocks are surging as we kick off the earnings season. The dow up triple digits about 145 points on the trading session. Make that 147. We were up more than 280 points earlier on this morning. A lot of volatility in oil, and thats one of the factors in this market today. Many others as well and bob pasani joins me on the floor of the nyse to give me some details. We were up more than 200 points and once again, chevron and exxon came in and was a drag on the overall markets, but were Still Holding up pretty well, and tech is having a great day, including down stallworths. Cisco having a great day as well. These are big move
Up. Its friday, and alix steel is my cohost today. Looking forward to a threeday weekend . Who doesnt love a threeday weekend. Also exciting for investors because we are near record highs. Picture, to the big julie hyman. If you take a look at the big stocks we are watching today, Occidental Petroleum is going to be breaking up and its california unit is going to be a separate, publicly traded company. It will be the largest owner of natural gas and Oil Properties in the state of california. Those shares are up. Saying itsp is baking and snacking unit performed well internationally and domestically and earnings shares Beat Estimates by about 4. 8 . Wearhouse is going down today. Joseph a bank has agreed to by eddie bauer in part to try to thwart the bid from mens wearhouse. Investors asking, where does mens wearhouse go from here . As they asked the question, they sell the shares. This is unbelievable. The banking business is going to pot. The federal government is going to allow u. S.