And while it might look quiet in the market, with one day left in the trading year. Look at the oil stocks. Crude ending lower by more than 2. 5 . And exxon, chevron, b. P. That got hit, closing out the day at the session lows here. What are we seeing here . A rotation at the end of the year. We pointed that out last night and that is yesterday to those on the metric system. The oil was down after the api report of build. And then the doe report, again a build and people werent expecting that. And production is flat looiped at 9. 2 Million Barrels a day. So you are not seeing the reduction in production with the rate count reduction. Now people are expecting that, they are piling into exxonmobil, chevron, the big happen energy names thinking they could weather the storm the best and if oil bottoms, they would rocket off. When oil started to turn, you had to get out of them end of the year and that is what happened today. And you pair that off with the comments from the Saudi Energy Min
Must agree with a ceasefire with western rebels in the country. Telecom stocks lead the way in europe. Telecom italia higher on reports that it will launch a bid for vivendi despite counteroffers. Venture capital firm invests 20 million in snapchat, the messaging service with virtually no revenue. Good morning, everyone. Its wednesday. Its time for a brand new edition of worldwide exchange. Its one hour into the trading session. We are a little softer here across the European Markets. The stoxx 600 is off by 0. 1 . We had a fantastic rally over the last 2 1 2 weeks specifically monday and tuesday on the back of hints of more qe coming from the ecb. One by one, i want to show you where the softness is coming from. Germany, down 0. 25 . German morale fell for the first time in 123456 years. Why is that . Because of russia and ukraine. The ftse 100 is pretty much flat. The ftse mib is still down by 0. 2 . The ftse markets, dollar close to a 13month high on the back of durable goods and Co
The 76ers lost, she was working. And i care about football, not im just saying when you care about a city or state, you care about it all like me and jersey. Im stephanie ruhle. Its thursday, may 10th. Philly strong. Lets get started. Breaking overnight, a reported exchange of fire between israel and iran raising the risk of a wider regional war. According to israels military about 20 projectiles were fired at the Israeli Occupied land by Iranian Forces. Israelis retaliated in southern and central syria. Overnight a jubilant homecoming. Three americans, former prisoners of north korea, now free. This is a special night for these three really great people, and congratulations on being in this country. Thank you. How does it feel to be home . Kim answering its like a dream and we are very, very happy. The businessman arrested on spying charges in 2015 and sentenced to ten years in a north korean labor camp. I think he did this because i really think he wants to do something, and bring th
Why Scientists Say the risk is rising for an explosive eruption. Lets get to it. First from the fox news deck this thursday afternoon, the most serious military confrontation between israel and iran in decades is now underway. Analysts warn the United States could get caught in the middle of all of it. Israel, of course, is the u. S. close ally. The Israeli Military has struck back after it accused iran of firing rockets over the border at its troops. Benjamin netanyahu says iran crossed a red line. Israeli Defense Forces sent us video from one of the strikes. A military spokesperson said this was a syrian antiaircraft battery that was firing at israeli jets during the air strikes, so they destroyed it. Heres a map of where all of this is playing out. The occupied heights. The israelis say they came under rocket attack near the syrian border. The Israeli Military says they sent jet fighters in syria and struck all of irans military bases, nearly all of them. Israeli tanks lining up nea