We were looking at volatility earlier. Taylor they are coming off the lows of the session, which is good news. We had seen stocks down. 6 . A much more improving picture. The nasdaq is the lowest, the worst performer. It has been off 1 for the month. This is an improving picture. I will take a bit of a different turn here carters and childrens place trading higher ee is news that gymbor filing for bankruptcy protection. There are reports saying childrens retail space is much better than the adult retail space. Childrens place is doing a lot better. Lets go over to gold, oil and gas. Haven as a safe yields lower. Crude oil still spiking a bit. It at the highs of the session after saudi arabia saying they will extend production cuts. Finally, lets look at the dollar index. A bit better on the dxy if seeingk against the yen, a weakness there, falling to the 109 level. That is your recap. Abigail the haven yen getting a bid today. Oliver volatility appears to be making comebacks. Could thi
Ahead of that big fed announcement. What do we see on a day like today . The dow, the s p lower, not seeing a big budge. The tenyear yield, 1. 79, below 1. 8 as we have seen some buying in treasuries. Bi big move into gold and drop in oil. More than 14 million barrels, thats the biggest increase in the 34 years of u. S. Energy information agency, actually been collecting the data. Wti is lower by 1. 44, decline of 3 to 45. 23. It is down more than 8 in the past week. Brian . Michelle, heres what else is happening at this hour. Ford sales dropping 12 last month over a year ago. Shares are also down. Keep in mind, october of this year, two fewer selling days than october of last year. Car news, 2015 model year, the most fuel efficient on record for all cars. That according to a new government report. And in the job market, adp saying 140,000 private sector jobs were added last month. That was slightly worse than the average estimate of the economists. We begin with two events that could
Welcome everybody to power lunch. Im Tyler Mathisen. Glad you could be with us this afternoon. Lets take a look at the dow trying to break an eightday losing streak. That kind of streak hasnt happened since august of 2011. Right now the dow up 23 points or 0. 13 . Energy and financials leading the way. Oil back above 40 a barrel. Despite a surprise build in crude inventories. Brian. Hi, im brian sullivan, thanks very much for joining us. Heres what else is happening at this hour. Walmart reportedly in talks to buy web retailer jet. Com. Dow jones says the deal could have a price tag of up to 3 billion. Also, 33 u. S. Service members have been reportedly infected with the zika virus. All of those cases were contracted overseas. The magic apparently still alive. Scholastic says more than 2 million copies of harry potter and the cursed child were sold in north america in just the first two days of sale, melissa. Welcome everybody. Im melissa lee. Straight to the breaking news today in fac
No, i think the universities do make progress on this and i think you get to a point where you create a Virtuous Cycle and i think it does work and i think theres reason to believe that it does work. I think the key point, representative compelling interest, thats in the heartland of what the court has said. In which the universities expertise the process point before you said also said that a matter to which this court, some, but not what youre talking about is the need of the program. In addition to that, and this is what id like you to focus on because there could be a question of whether to send it back for more evidence or not. So, in looking through the records so far, on this specifically, i found an affidavit by a person named walker and that person named walker ascribed seven years of efforts measure this stuff. All kinds of discussions. Described conclusions of the faculty members and the admissions offices. That you did need. You did need. Affirmative action in the 25 of the
February. Some good news, america, median Household Incomes rising for the first time in eight years. Now stand at 56,500 per home. Unfortunately, as melissa noted, median investments are likely down a bit today. Stocks are getting whacked as we head deeper into the trading day. The dow is down 1. 5 . That would be pretty big slide for the dow. And volatility has really ramped up in the last couple of days, your story, though, once again, maybe oil. Crude could be a cause. Crude oil is down nearly 3 . Lets get more now on this market. Bob pisani on the floor of the new york stock exchange. Starting to get a couple of calls from friends and family and random strangers. What is going on with the market. Is it oil . Is it trump . Is it the fed or, is it, d, all of the above . A little bit all of the above but largely on the fed and what the fed is going to do next week, even though the chance is 25 , thats what the market says, people down here dont believe that. Take a look at where we a