Off an unexpectedly Weak Services report which pressured equities early on and sent bond yields sinking. More on that momentarily. By the close the blue chip index gained, to 16,336, moving 400 points from its low to its high. The nasdaq slipped 12 and the s p 500 rose 9. As for domestic crude prices, take a look at that percentage gain, 8 to the upside snapping a twoday rout as the dollar tumbled and despite record inventories. If anything, today was a reminder of why this market is anything but boring. Bob pisani explains what fueled todays rebound. Reporter we stopped dropping when oil stopped dropping about 11 00 a. M. Stocks went sideways until about 2 00 p. M. When the whole market turned around. The dow rallied over 250 points in about an hour. Oil also rallied to the highs for the day. So what happened . Some are citing vague rumors that oilproducing countries are trying to cobble together an agreement to limit production. But, you know, weve heard those rumors before. Regardle
Off an unexpectedly Weak Services report which pressured equities early on and sent bond yields sinking. More on that momentarily. By the close the blue chip index gained, to 16,336, moving 400 points from its low to its high. The nasdaq slipped 12 and the s p 500 rose 9. As for domestic crude prices, take a look at that percentage gain, 8 to the upside snapping a twoday rout as the dollar tumbled and despite record inventories. If anything, today was a reminder of why this market is anything but boring. Bob pisani explains what fueled todays rebound. Reporter we stopped dropping when oil stopped dropping about 11 00 a. M. Stocks went sideways until about 2 00 p. M. When the whole market turned around. The dow rallied over 250 points in about an hour. Oil also rallied to the highs for the day. So what happened . Some are citing vague rumors that oilproducing countries are trying to cobble together an agreement to limit production. But, you know, weve heard those rumors before. Regardle
Off an unexpectedly Weak Services report which pressured equities early on and sent bond yields sinking. More on that momentarily. By the close the blue chip index gained, to 16,336, moving 400 points from its low to its high. The nasdaq slipped 12 and the s p 500 rose 9. As for domestic crude prices, take a look at that percentage gain, 8 to the upside snapping a twoday rout as the dollar tumbled and despite record inventories. If anything, today was a reminder of why this market is anything but boring. Bob pisani explains what fueled todays rebound. Reporter we stopppped droppg when oil stopped dropping about 11 00 a. M. Stocks went sideways until about 2 00 p. M. When the whole market turned around. The dow rallied over 250 points in about an hour. Oil also rallied to the highs for the day. So what happened . Some are citing vague rumors that oilproducing countries are trying to cobble together an agreement to limit production. But, you know, weve heard those rumors before. Regardle
The onestop shop, as they call it. And the government above and beyond that is setting up a fund, a guarantee fund to assist these small and Mediumsized Enterprises of the private sector to get going and to grow strong this guarantee fund, we hope, that will help the young particularly who are entrepreneurs who have something to give, who are interested in doing something to get the necessary loans from lending institutions under the overall guarantee fund that the government is now offering to that end. Let me say a word about our external partners. The borders of republic of congo are wide open, and we have seen how Business Partners have come to us from very far away, as far away as australia, certainly europe, the United States and are active in various sectors of our economy, and we are all in favor of that. Were very pleased to see it because this will spur the development of our smes, but also, certainly, will redound to the benefit of our Larger Companies and the sectors of oil
To mornings on 2. It is sunday, august 3rd. I am mike mibach. I am claudine wong. We will start off with a quick look at the weather. Rosemary, my windshield wipers were going early. Mine as well. Patchy drizzle joining us outdoors and over the oakland estuary. You can see very widespread and marine layer is thicker. Onshore breeze blows quite strong. Temperatures were were around the bay and the cooling will continue for today. 33 miles an hour right now in fairfield with the gusts there. Expect the onshore breeze to tip. They will begin to break cup for the afternoon. They will be partly cloudy for the second half. 63 in concord and 61 in redwood city. And in San Francisco. Low 60s outside your door in antioch. Low clouds hanging around this morning. Notice what is coming in from the south and southeast as we get into the afternoon. Mid and high level clouds. Back in the picture. Muggy weather. Even the possibility of a few sprinkles moving back in as well. It is 70 degrees in oaklan