Lets check on where stocks are diverging with Abigail Doolittle. Abigail we have a big divergent , one that is rolling as the day goes on. We have the dow, the s p 500 trading modestly lower, the dow down about. 3 , the s p 500 about 2 . 2 being dragged down by energy, look at the nasdaq. , andasdaq up about. 5 tech is helping, one of the only two sectors positive in the s p 500, but biotech is as well, pretty investing there. Oil is the big story after what could have been perceived as somewhat of a bullish department of Energy Inventories report. According to our oriole strategist at bloomberg, oil is down 3 , now down 23 from the february peak. Energy is the worst sector for the s p 500. These are among the worst performers. Chesapeake, apache, transocean. When we look at the bloomberg chart, thisthis will not come as a surprise either. We have the s p 500 energy index being taken down, and below we have percentage of energy to the s p 500. Right now, it is at the lowest level since
Lets check on where stocks are diverging with Abigail Doolittle. Abigail we have a big divergent , one that is rolling as the day goes on. We have the dow, the s p 500 trading modestly lower, the dow down about. 3 , the s p 500 about 2 . 2 being dragged down by energy, look at the nasdaq. , andasdaq up about. 5 tech is helping, one of the only two sectors positive in the s p 500, but biotech is as well, pretty investing there. Oil is the big story after what could have been perceived as somewhat of a bullish department of Energy Inventories report. According to our oriole strategist at bloomberg, oil is down 3 , now down 23 from the february peak. Energy is the worst sector for the s p 500. These are among the worst performers. Chesapeake, apache, transocean. When we look at the bloomberg chart, thisthis will not come as a surprise either. We have the s p 500 energy index being taken down, and below we have percentage of energy to the s p 500. Right now, it is at the lowest level since
Lets check on where stocks are diverging with Abigail Doolittle. Abigail we have a big divergent , one that is rolling as the day goes on. We have the dow, the s p 500 trading modestly lower, the dow down about. 3 , the s p 500 about 2 . 2 being dragged down by energy, look at the nasdaq. , andasdaq up about. 5 tech is helping, one of the only two sectors positive in the s p 500, but biotech is as well, pretty investing there. Oil is the big story after what could have been perceived as somewhat of a bullish department of Energy Inventories report. According to our oriole strategist at bloomberg, oil is down 3 , now down 23 from the february peak. Energy is the worst sector for the s p 500. These are among the worst performers. Chesapeake, apache, transocean. When we look at the bloomberg chart, thisthis will not come as a surprise either. We have the s p 500 energy index being taken down, and below we have percentage of energy to the s p 500. Right now, it is at the lowest level since
Investments and we need to make sure our u. S. Businesses are competitive. Gary any growth wouldnt come until 2018. Our first guest is dan skelly. Dan, the meerkt is optimistic about a tax plan thats yet to be unveiled. Mnuchin talked about the hopes to have this plan passed in august. Are you starting to get worried this could get bogged down because the expectations are that this would have been sooner rather than 2018 impact. Its coming on the back of a decade of having very little fiscal spending. We could see some volatility in the middle of this year. But we think the tax deal gets done. We think the market can grind higher afterwards. Trish require doesnt matter trish it doesnt matter when it gets done as long as its done within a reasonable amount of time . Its only one component of some of the change we are seeing in washington. We will be on the lookout for infrastructure initiatives and potential changes to regulation. We are hearing a lot about the fed chairman supervisor,
Investments and we need to make sure our u. S. Businesses are competitive. Gary any growth wouldnt come until 2018. Our first guest is dan skelly. Dan, the meerkt is optimistic about a tax plan thats yet to be unveiled. Mnuchin talked about the hopes to have this plan passed in august. Are you starting to get worried this could get bogged down because the expectations are that this would have been sooner rather than 2018 impact. Its coming on the back of a decade of having very little fiscal spending. We could see some volatility in the middle of this year. But we think the tax deal gets done. We think the market can grind higher afterwards. Trish require doesnt matter trish it doesnt matter when it gets done as long as its done within a reasonable amount of time . Its only one component of some of the change we are seeing in washington. We will be on the lookout for infrastructure initiatives and potential changes to regulation. We are hearing a lot about the fed chairman supervisor,