Massive drawdown, though. With more than the market was looking for. Crude rising. It had been higher on anticipation of a drawdown, but spiking just a little bit more right now. Refinery utilization just a little less than expected, down 0. 4 . Distillate inventories was a drawdown of 2. 5 million barrels. The market was looking for a build. Once again, in line with analyst expectations more than they have been, but still, more of a drawdown then we were looking for, and that is causing prices to rise. Elsewhere in the u. S. , stocks rising, with the dow up 1. 7 , the s p 500 up 1. 4 right now. The Advertising Company ipg is , the highest performer in the s p 500. The stoxx index up on china headlines. A nice outlook for semiconductors if things get stabilize between the u. S. And china. At offshore yuan trading 7. 14 and change. Guy it is a decent move. Lets talk about what is happening with the brexit story in a little more detail. U. K. Prime minister Boris Johnson set to speak are
Now dead in the maui fires. Hawaiis Attorney General today announcing an independent investigation into the response. And mauis Emergency Chief speaking out for the first time. Why he says they didnt activate the sirens. And the Video Showing downed power lines. Did they help spark the fires . Our team on the ground in hawaii. Also tonight Hurricane Hilary forming in the pacific taking rare aim at the southwest and california, the state that hasnt seen a direct hit in 84 years. Al roker is here. The Georgia Grand Jury that indicted former President Trump receiving threats. The investigation the sheriff announced today. The stunning turn in the trial of two white men charged with shooting at A Black Fedex driver in mississippi. The victims mother storming out of the courtroom after the judge declares a mistrial. Why he did it. The fbi arresting multiple Police Officers in raids in california. Their alleged racist texts. The new warning on north korea. Is russia giving kim jongun Nuclear
And all promises of that irrefutable evidence in a report on Election Fraud in georgia. Were on the trail with Chris Christie, the republican president ial candidate says hes leading a Truth Movement to be an alternative to trump. Plus, Hunter Bidens tax charges dismissed, at least for now. The latest in the saga over the president s son and the plea deal that fell apart. Our nbc News Reporters are following all of the latest developments. We start in lahaina, where there are still more questions than answers, and a new investigator has been brought in to find them. Nbcs dana griffin just arrived there. Dana, this investigator comes as the islands top Emergency Official resigned. What more can you tell us . Reporter yeah, so a day before Herman Andaya resigned, which was on tuesday, he faced some tough questions from reporters. Listen to what he told them. Do you regret not sounding the sirens . I do not. Had we sounded the siren that night, were afraid that people would have gone into
Chicks off in chicago, targeting Trump Administration ties to Goldman Sachs of all things as chicagos homicide rate at 19year high. Theyre not protesting that. There you go. President obama defying congress, paying 200 million in taxpayer dollars to the palestinians just hours before he left office. What if anything President Trump can do to get your money back . Fox Business Team coverage bringing you all of the latest details. David . David first back to the historic day on wall street. S p 500, and nasdaq closing at brand new record highs, while the dow ends less than 100 points from the 20,000 mark. Weve been there before. Oil rallying as well from big move on President Trump. Scott shellady, how traders respond to executive orders. Lori rothman on floor of new york stock exchange. Lori, what is driving the markets . Hey, david. Lets unpack the dow for you especially dupont. Shares up 4 1 2 . Dupont says 130 billion merger with dow chemical will take longer than anticipated. For mo
From there in london. The markets appeared to be settling down and we are joined by outstanding guests today. Led by bill gates. He would join us to talk about biotech and drug pricing. Alix cromwell we be joining us more regulatory hurdles facing the banks. But first, we have a slight rally on the table for today. Jonathan features are firming up about. 2 and the ftse is an positive territory and raising all of the post brexit gains. He dax is up as well i want to talk about what is happening in other asset classes. Boris johnson does not run and cable jumps, the pound a stronger marginally. We will discuss why. 1. 52 . Unchanged at we are heading for the strongest quarter for crude since 2009. To wrap up all of the stories, lets go around the world and check in with our Bloomberg Team for indepth coverage of our top stories. Anna redwood is in london on the race to succeed Prime Minister cameron. Julie hyman in new york on the last day of the Second Quarter. Lets begin right here in