Interest rates started going higher a few months ago. Today was one of those days that produced some fabulous results. Dow climbing. Nasdaq rocketing 1. 01 higher. So went right, what did the market like so much that it could shake off the negativity . Its a compelling mosaic. One thats directly related to steals and earnings of the individual Companies Reported and much less to do thank heavens with the big mac row day that that comes out of the u. S. Government. Maybe we have been blinded by good news because of the uncertainty surrounding syria and the rise of Interest Rates. But when you get a sense that the government can actually do something, and that the republicans will work with democrats even if its toward a resolution to action in syria, that allows you to focus on the news of the individual companies and measure what it means for their earnings and therefore for their stocks. And when Interest Rates dont do much of anything, people feel emboldened to buy buy buy, not sell
Down to about 17 change. People were really upset. You can see, the volume improving greatly as mobil ad revenue is good news. Adam all right. Coming up later we will dig into the facebook earnings with michael factor from wedbush securities. Lori a preview. Can be crash made by their competitor is crushing them. We will set you up for that as well. In the meantime, Worldwide Energy consumption is set to surge according to a new report from the apartment of energy. Global energy use will grow 56 compared with 2010 levels because of transportation and electricity demands. Half of that growth will come from china and india. The bullish report doing very little to spur prices in trading today. Of course that is a forward looking report weigh on the future. Lets check in with fox business contributor to phil flynn in the pits of the cme. It is interesting here to know, consumption of natural gas is expected to grow faster than oil or coal. And that is the most amazing thing about this repo
Margin that has down arrows, the dow is down 150 points, has come out of the lows the last four weeks of all been gains. This week is looking like a losing week unless something changes, we will be snapping that winning streak. 15,543, we are well below that. Nasdaq looking like it is going to lock in some losses, down six points. A majority of names to the downside and activevision, the vendee selling off its majority figure told part of it but you see 15 . Back to you. Dennis thanks, nicole. To the latest developments in the case against sac capital, team coverage, adam shapiro outside lower manhattans Federal Court House and Charlie Gasparino with what is next for as ac and steve coin. Lets go to you first. Lori or start with charlie. Adam, we got you. Lets go ahead. Sorry about that. Lou the issue was passed out loud and everyone was playing nice from the Attorneys Office as well as the defense team. What was perhaps getting a head line is the amount of discovery, the evidence the
Rules flagrantly flouted. I think that decision was reckless. It shows you how undisciplined the leadership of this country has been. Because we do not have a consistent message. Reporter there are still hot spots. Chicago, boston, philadelphia, while our leaders struggle to balance the pain of the virus. I have the sense that i was drowning at certain points. I was unable to even stand up. Reporter with the pain of the shutdown. It may be a year or more before a vaccine or medicine frees us from periodically return, but we cannot stay indoors for six or seven months without risking a greater economic catastrophe. Reporter one influential model suggests these four states can safely open first on may 4th. Still, these two weeks from today a level that a state can comfortably move to a containment stage. That level is one new case per day per one million people. So for example, new york state would need fewer than 20 cases per day. Right now, theyre still seeing more than 5,000. All larg
Agency officers used interrogation techniques that had not been authorized. Were abhorrent and rightly should be repudiated by all. But brennan would not call it torture. I would leave to others how they might want to label those activities. Brennans explanation, the c. I. A. Was not ready after 9 11. The program was uncharted territory for the c. I. A. And we were not prepared. And he maintained the agencys enhanced interrogation techniques or eits produced intelligence, even though he conceded it was unknowable if the same results were obtainable without harsh methods. It is our considered view that the detainees who were subjected to enhanced interrogation techniques provided information that was useful and was used. In the ultimate operation to go against bin laden. Thats in sharp contrast to the torture report from Democratic Senate Intelligence Committee chair, dianne feinstein. She responded to brennan in a tweet that critical intelligence that led to bin laden was unrelated to