Power lunch, im shaken, not stirred. Slightly higher on this eighth anniversary of the bull market, but right now, the dow you cannot get really a smaller gain than that, ladies and gentlemen, s p and nasdaq with modest gains as well. Very close eye, of course, on oil at this hour. Crude hitting new lows for the year. Explore why, adding to yesterdays big losses, wti is blow 49. We are all over it. The guy leading the charge on it, my friend and fellow victor last night in the acc tournament, virginia tech, brian sullivan. Thank you. Yeah, listen, we lost 7 of the price of crude oil in the last two days, so what better place to be still. Theres a new restaurant, ceo of royal dutch shell, a minute away, comments from here, ceo of dow chemical as well, and president of the university of houston. A big lineup over the next couple hours as crude continues to slide you are known as the billion dollar buyer on cnbc. This is one of your restaurants you own of the we spoke about the price of o
Even though officials did not exclude the bond buying thing extended. That is what you need to know. David continuing on the top story about the ecb. A many tempora cant a mini tenter hampshire a mini temper tantrum. Gradually tapering away from quantitative easing. We are joined by paul gordon, our editor responsible for covering Central Banks, and guy johnson in our European Headquarters in london. Paul guy, im sorry. I want to go to you. Tell us what the reaction was in the markets over there. Guy the Market Reaction was fairly fierce, to the honest. May of 2013. Be of the market was spooked by thats would have a ecb taper when the Current Program winds down. But the rational heads are working their way through this. Of course the ecb is thinking about a plan for when he needs to wind down, but if you took a look at the latest data, the expectations, in the ecb, the ecb downgrading its projections. The eurodollar rate, but it did not pick up inflation. It is not expecting to meet it
This is coming back from decent economic data. A ton of data cap today, but what was noticeable is the manufacturing and services, which added fuel to the idea the fed may go ahead and raise rates come december. Joe those numbers are what people Pay Attention to, the isn number setting the tone for the day. Matt and fuel really helped today. Oil stocks were among the biggest gainers. If you look at the imap, you can see financials were the real winner. Wells fargo was one of the biggest point additions to the s p. You see energy ranks below it, the losers really, the safety stock. Telecom, we have been seeing the last few days every trading day this week, the defensive stocks have been big losers. Look at the percentage gainers, energy names like chesapeake and transocean, two of the biggest percentage gainers on the s p 500. Thethen health solutions, biggest gain since september 23, where i went up 15 . This is a chemicals maker people are paying close attention to. Joe lets look at t
The race spinning in a new dire. Direction. Its been three days since the fbi announced it had discovered new emails that might be pertinent to its previous investigation of clintons email use while she was secretary of state. Clinton and other Democratic Leaders are demanding more information from the fbi about that discovery, while donald trump and his supporters are hitting the issue hard. Well have more in the email investigation in a minute. 3 here in milwaukee, former senator herb kohl hd an event to suppo clinton today. Cbs 58s julie parise joins us live on the east side with the story. The senator stopped here at the Hillary Clinton office on milwaukees east side. He shook hands with Campaign Workers before speaking for just a few minutes. He was introduced by state representative latonya johnson. Johnson said donald trump isnt qualified to be president based on insulting and divisive remarks hes made campaign. Senator kohl spoke briefly but positively of Hillary Clinton. take
Director announced theyre looking into new emails. But theres very Little Information about what they could contain. Cbs Craig Boswell reports on what we . Do . Know. Headed into election day. Donald trump campaigned in michigan monday and said Hillary Clintons email problems will hurt america. America. Her election her election would mire our government and our country in a constitutional crisis that we cannot afford. Trump has been critical of fbi director james comey for his decision not to prosecute clinton in the past, but he it took a lot of guts. I really disagreed with him, i was not his fan. But i tell you what, i was not his fan. Disagreed with him, guts. I really it took a lot of changed now. Says thats all in the past, but he says thats all changed now. It took a lot of guts. I really disagreed with him, i was not his fan. But i tell you what, what he did, he brought back his reputation. But democrats are critical of director comeys letter to congress which saying only that