Technical difficulties. I feel very oprah. We are seeing Oil Prices Fall back 7 over the past five sessions. Oil has fallen for four of the past five days. The excuse appears to be increased production out of libya. Its the ongoing for a mentals of oil and fundamentals of oil and technical factors and levels helping send oil down. Oil is now down 20 from its highs of the year. Its not just oil that is falling. We are seeing copper also decline for the sixth session in seven. Copper down 1 today. Its pulling down some of the miners as well. Report mac rent this report mac and rioreeportmcmoran down as well. Other sectors mitigating those losses. The s p pulling back. The nasdaq down the most of the three, but by a smaller margin than in recent days. There are groups mitigating the declines. One of them is health care. Health care higher today. Regeneron has been gaining steam in particular. Stocks fell initially today after novartis said a potential blockbuster its developing to treat v
Technical difficulties. I feel very oprah. We are seeing Oil Prices Fall back 7 over the past five sessions. Oil has fallen for four of the past five days. The excuse appears to be increased production out of libya. Its the ongoing for a mentals of oil and fundamentals of oil and technical factors and levels helping send oil down. Oil is now down 20 from its highs of the year. Its not just oil that is falling. We are seeing copper also decline for the sixth session in seven. Copper down 1 today. Its pulling down some of the miners as well. Report mac rent this report mac and rioreeportmcmoran down as well. Other sectors mitigating those losses. The s p pulling back. The nasdaq down the most of the three, but by a smaller margin than in recent days. There are groups mitigating the declines. One of them is health care. Health care higher today. Regeneron has been gaining steam in particular. Stocks fell initially today after novartis said a potential blockbuster its developing to treat v
Technical difficulties. I feel very oprah. We are seeing Oil Prices Fall back 7 over the past five sessions. Oil has fallen for four of the past five days. The excuse appears to be increased production out of libya. Its the ongoing for a mentals of oil and fundamentals of oil and technical factors and levels helping send oil down. Oil is now down 20 from its highs of the year. Its not just oil that is falling. We are seeing copper also decline for the sixth session in seven. Copper down 1 today. Its pulling down some of the miners as well. Report mac rent this report mac and rioreeportmcmoran down as well. Other sectors mitigating those losses. The s p pulling back. The nasdaq down the most of the three, but by a smaller margin than in recent days. There are groups mitigating the declines. One of them is health care. Health care higher today. Regeneron has been gaining steam in particular. Stocks fell initially today after novartis said a potential blockbuster its developing to treat v
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
Single day for tax reform for the gop so far i am Brian Sullivan. At a National Association of manufacturers summit in washington, d. C. , 30 minutes ago, vicepresident pence talked about tax reform and called for a 15 Corporate Tax rate we are waiting a few minutes for House Speaker, paul ryan he will give a major speech on tax reform and outline what he wants to do and when he believes he can get it done after that, he will sit down with us right here on cnbc to talk everything taxes, both from individual to Corporation Tax reforms. Michelle, a bringing day ig day. Im Michelle Caruso cab rrea the yields on bonds have hit 2. 748 snap and twitter taking a hit after facebook announced instagram now has 250 million daily active users lets listen to House Speaker, paul ryan right now as he begins his speech thank you so much, buddy appreciate it. Afternoon, everybody how are you doing . Great to see you thanks for coming out today. Appreciate it. Welcome to d. C hi, kathleen thank you. Th