From even ten over here to battle is that city that one has the potential to spin up something again will keep a careful eye on that right now the main concern is this really intense line of storms with numerous tornadoes reported some incredible pictures of tornadoes of western virginia evergreen virginia saw an incredible looking funnel cloud out there with a tornado and as you can see that system is moving to the east we can put it all into motion and its going to be just the last two hours two hours ago. It starts out here near seoul just west of south boston now its over interstate eighty five another two hours from now itll be online somewhere lets say from williamsburg back down west of franklin. Continuing down in that direction will show you that here coming up in just a second but just numerous numerous warnings out there for everything from severe storms still not so much hail but wind damage and is part of the problem were supposed to be fifty this time there were seventy.
U. S. Trading day. Lets check in with julie hyman at the markets desk. This is not the outcome that most people would have expected in terms of the markets. When we saw the news there was no agreement in market. Stocks rising to the highs of the session, particularly the s p and the dow. I just looked at an intraday chart. Here you have the s p 500 and here you have oil prices. We have had some analysts coming that someicipating investors would want to buy the dip today. There is also news that there is an oil strike in kuwait cutting that production by 60 . You can see it is climbing by the highs of the day. The movement in brent is even more remarkable because it briefly turned positive and is only down by a quarter of a percent. Energy is actually the best performing group. It is up more than 1 . Kind of an amazing turn of events as we see most of the groups actually turned green. If you take a look at some of the best performers within energy. You might want to call and selectively
New york fed president talking about Oil Prices Going lower. Good for the economy. Stanley fischer talking about movement. We had a conversation about where we are with the euro. On thursday, december 17. It will be incredibly important. Green just opening in the. Those futures indicate we will get higher. Three companies we are keeping an eye on have had a little bit of speculation and an upgrade. Flurry. Nice speculation shell might be interested in buying bp. Our Bloomberg Television team would say anybody and their right mind in their right mind would want a little more information about what is before they could. Ossibly think about buying bp barclays raises the stock to overweight with a 30 upside in the price target. At 439. 8. Ading sales are in line. They say they are on track for a 6 growth6 growth in 2016. The stock of just under half a percent. Ladbrokes, this is the gaming company. To complete his term. Confident 2015 would see further operating and financial progress. ,e
United states. And a survey by a global watchdog suggest chinas Public Sector has become more corrupt. Safety concerns about takata air bags are prompting a series of recalls in japan. Toyota motor added 185,000 more cars to its recall list. This brings the total number of vehicles auto makers are calling back in the country to 2. 8 million. It involves 19 types of cars in 2002 and 2003. The firm says it will replace the air bags free of charge. Officials say no one was injured, but they do not know why the air bag malfunctioned. Toyota added cars equipped with the same type of airing bags as a precaution. Toyota executives say parts are in short supply due to massive recalls. They say replacements are unavailable and engineers will temporarily disable the air bags. Toy at that and other auto makers may have to deal if regulators in the u. S. Expand measures to this has resulted in recall of 8 million in the u. S. The recall has been expanded nationwide. Takata executives said that war
Unorthodox unorthodox. They are, in fact orthodox and they are in the Central Banks tool box for a reason. Stocks in focus, a deal with netflix could be sending it near the top of the european market. Changing channel reports say uni vision is getting set for an ipo in one of the biggest media deals in years. Welcome back to the show everyone. Lets take a look at futures because we did see a major sell off on wall street. Yesterday stocks across the board getting pressured by fears over a potential fed rate hike and strengthening u. S. Dollar. Nasdaq up 14. S p 500 up just about 8 points in premarket trade. Now the dollar was also in focus. Yes, thats right. It wasnt just stock that caught the attention of traders. The euro hit a 12 year low against the dollar. They expect the euro to fall to the dollar by the end of the year. 90 seconds by 90 cents by 2016. We are bouncing back today seema seema. Europe was included yesterday. We know of course that policy wont be tightened which has