Its statement to drop the pledge to keep rates close to zero for a considerable time. The feds twoday policy meeting begins tomorrow. The oil shock continues as crude Oil Prices Bounce back after volatile early trading. Brent had dropped to a 5 1 2 year low after the further price declines. Also in the headlines, opecs chief defending the decision not to cut the output. Wti is up by 40 cents only sitting at 58. 21. Last week 13 decline in oil prices sent waves throughout the Global Markets in the last five trading sessions. The yield on the tenyear tnote posted the biggest weekly decline in terms of a drop in terms of basis points since june of 2012. And the dow dropped almost 4 over the course of the week. That was the worst week since november of 2011. Weve been watching the equity futures this morning that look to be bouncing back, at least in early trading. You can check it out at this point, tripledigit gains for the dow futures up by 102 points. The s p 500 up by 11 points and th
Friday, december 12th. Good evening, everyone. A dramatic selloff in stocks today with the dow tumbling more than 300 points. The selloff snapped a streak of 7 winning weeks in a row for the market. Well have more on that in just a moment. But we begin tonight with the price of oil, which also sells today and sell hard to a nearly sixyear low. The latest driver . The International Energy agency is now predicting that Global Oil Demand next year will grow even less than first predicted. Renewing investor worries about flowing Economic Growth around the globe. Heres how oil prices settled today. Domestic crude tumbles more than 2 to 57. 81 a barrel down 12 just this week. International grain crude off 1. 83, a drop of 11 . Jackie deangelis has more on the latest plunge in oil and just how low oil prices could really go. Rep is 50 a barrel the new 100 a barrel for crude . Thats reflected in the price action. Down 10 this week alone and under 60, the market is forecasting more downside. Un
Friday, december 12th. Good evening, everyone. A dramatic selloff in stocks today with the dow tumbling more than 300 points. The selloff snapped a streak of 7 winning weeks in a row for the market. Well have more on that in just a moment. But we begin tonight with the price of oil, which also sells today and sell hard to a nearly sixyear low. The latest driver . The International Energy agency is now predicting that Global Oil Demand next year will grow even less than first predicted. Renewing investor worries about flowing Economic Growth around the globe. Heres how oil prices settled today. Domestic crude tumbles more than 2 to 57. 81 a barrel down 12 just this week. International grain crude off 1. 83, a drop of 11 . Jackie deangelis has more on the latest plunge in oil and just how low oil prices could really go. Rep is 50 a barrel the new 100 a barrel for crude . Thats reflected in the price action. Down 10 this week alone and under 60, the market is forecasting more downside. Un
Friday, december 12th. Good evening, everyone. A dramatic selloff in stocks today with the dow tumbling more than 300 points. The selloff snapped a streak of 7 winning weeks in a row for the market. Well have more on that in just a moment. But we begin tonight with the price of oil, which also sells today and sell hard to a nearly sixyear low. The latest driver . The International Energy agency is now predicting that Global Oil Demand next year will grow even less than first predicted. Renewing investor worries about flowing Economic Growth around the globe. Heres how oil prices settled today. Domestic crude tumbles more than 2 to 57. 81 a barrel down 12 just this week. International grain crude off 1. 83, a drop of 11 . Jackie deangelis has more on the latest plunge in oil and just how low oil prices could really go. Rep is 50 a barrel the new 100 a barrel for crude . Thats reflected in the price action. Down 10 this week alone and under 60, the market is forecasting more downside. Un
Friday, december 12th. Good evening, everyone. A dramatic selloff in stocks today with the dow tumbling more than 300 points. The selloff snapped a streak of 7 winning weeks in a row for the market. Well have more on that in just a moment. But we begin tonight with the price of oil, which also sells today and sell hard to a nearly sixyear low. The latest driver . The International Energy agency is now predicting that Global Oil Demand next year will grow even less than first predicted. Renewing investor worries about flowing Economic Growth around the globe. Heres how oil prices settled today. Domestic crude tumbles more than 2 to 57. 81 a barrel down 12 just this week. International grain crude off 1. 83, a drop of 11 . Jackie deangelis has more on the latest plunge in oil and just how low oil prices could really go. Rep is 50 a barrel the new 100 a barrel for crude . Thats reflected in the price action. Down 10 this week alone and under 60, the market is forecasting more downside. Un