Help them to see your glorious image in humanity and search for opportunities to empower those on lifes margins. Lord, inspire them to trust the unfolding of your loving providence, so that they will not become weary in doing what is right. May they live with such integrity that your purposes will be accomplished on earth, remind us all that it is in giving that we receive. And through dying to self we are born to eternal life. We pray in your great name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Mcconnell madam president . The presiding officer the republican leader is recognized. Mr. Mcconnell there are a lot of reasons to like the broad Bipartisan Energy bill which is before us. Youll like it if youre an american interested in producing more energy. Youl
Here. Let me show you oil, wti crude, for a time this rally occurred even though the price of oil was sharply lower, as you see there, until near the close. And look at that turned right around and became positive again. Article carbon reminding us all day that to keep an eye on wti crude because its still calling the shots in this market now. That is an important point, we continue to debate those areas, as Oil Continues to fall or not. Retail names to focus on as well. Get to where we stand with the markets, an hour to go near the highs of the session, dow up 319 points, about 1. 8 exactly the same as the s p is at the moment of 37. The nasdaq adding 88 points a little pit outperformer today but only pie a little bit. Nevertheless, some pressure across the internet name there is, bill. Get to our Closing Bell Exchange for this thursday. We have got cnpc contributeor Heather Hughes with us. Hi there. Jim lowell from adviser investment. Joe hider from cirrus wealth manmanment with us m
Action. It is encouraging. It shows that the program is credible but its obviously too early to tell. And what mattered for us was inflation. Saudi Arabias King Abdullah dies at age 90 following weeks of hospitalization for pneumonia. Hes immediately replaced by his brother sending oil shares higher. Telefonica is in talks with hutchison for 15 billion. Telefonica confirms its in talk with hutchison to sell its business for more than 15 billion and its payday for lloyd blankfein. He will join the crew on squawk box later this morning. You wont want to miss it. Manufacturing and purchasing managing index for major European Countries have been coming out today. We heard from germany. January pmi falling below 51. 7. Composite pui 52. 2. They cut it at the fastest rate in years. Not as bright as initially expected. The euro zone economy began in better shape than expected but firms were forced to slash prices. Thats a day after they announced the massive Bond Buying Program. The euro is d
Growth, strengthening dollar and inflation could remain below the committees 2 target for quite some time. On wage growth, several participants believe wages didnt fall during high unemployment. Pent up wage deflation could explain modest increases in wages weve seen. They say wages could rise more rapidly Going Forward as the Unemployment Rate continues to decline. Some warn that markets may underestimate the pace and path of rate hikes once they begin. Melissa . Melissa rich, thank you so much. I want to draw attention to the chart we were looking on the screen. Market is up 105 points. We told you it was up 78. That is the s p. It is up as well. This is telling you investors like the news. What theyre hearing in it the fed will wait longer. Lets bring in the pan fell for reaction. Fox business senior correspondent, Charlie Gasparino. We have tom sullivan from fox business and from new oak asset management, Jimmy Frischling is with us. One of the things that stuck out to me, they tal
Theres led and other toxic materials. But the company hireded to take it down say all trace amounts will be removed before the demolition. The Planning Development found no new Environmental Impact report would be needed. It is my opinion that the trust of our lested officials has been violated. Shirley moore is Vice President of the bay view neighborhood association. The debris from the discuss plume will completely consume this community. More scoffs that the dust cloud can be largely contained within the stadiums parking lot. Everyone from Major League Baseball to football know theres a wicked wind that swirls around that stadium. The Environmental Impact report was passed in 2010 but it did not include the the impact from an implosion. That item was only added last september. And moore says the neighborhood didnt find out until last month. We were not supposed to know until ten days prior to the implosion, according to their manual. There it is. Individual residents and Small Busin