The dow closing down 13 points after being down 112. Thats when oil was really rolling over. Nice recovery there. I have to ask you, how it is that this market, it is still so hot since the price of oil, remember oil rallies a tiny bit off the lows, averages are able to bounce so definitively that we may as well just be one giant stock market devoted to devining oils direction. I feel like im throwing up at the pump everyday i go to work. Ive been adamant about the good things that will ultimately happen to america and american industry when Energy Prices stay low. However, lately as oil keeps plunging, theres a dark underbelly that we havent addressed enough on the show. Namely that the longer crude keeps collapsing, the more stress there is in the system. The worst of fundamentals get for the financials that lent the Oil Companies money, thats what were discovering now. Thats why were glued to every tick up or down in the price of its the financials now. When oils sold off, we saw Sm
However, lately as oil keeps plunging, theres a dark underbelly that we havent addressed enough on the show. Namely that the longer crude keeps collapsing, the more stress there is in the system. The worst of fundamentals get for the financials that lent the Oil Companies money, thats what were discovering now. Thats why were glued to every tick up or down in the price of oil. Its the financials now. When oils sold off, we saw Small Companies go belly up. Thats no longer the case. Now were worried about companies that used to be much bigger than they are now, Companies Like chesapeake, chk, which is right in the blast zone of the recent selloff. For those of you not familiar with chesapeake, they were among the largest natural Gas Producers in the world. It borrowed big and bought key assets making acquisitions with loads of debt that among other reasons contributed to the job. Now he had the foresight to recognize that natural gas wasnt going to grow much. Sow moved aggressively into
Nice recovery there. I have to ask you, how it is that this market, it is still so hot since the price of oil, remember oil rallies a tiny bit off the lows, averages are able to bounce so definitively that we may as well just be one giant stock market devoted to devining oils direction. I feel like im throwing up at the pump everyday i go to work. Ive been adamant about the good things that will ultimately happen to america and american industry when Energy Prices stay low. However, lately as oil keeps plunging, theres a dark underbelly that we havent addressed enough on the show. Namely that the longer crude keeps collapsing, the more stress there is in the system. The worst of fundamentals get for the financials that lent the Oil Companies money, thats what were discovering now. Thats why were glued to every tick up or down in the price of oil. Its the financials now. When oils sold off, we saw Small Companies go belly up. Companies that used to be much bigger than they are now, Comp
Airport where that teenager snuck onto the tarmac and stowed away into a flight to highway. The tsa is changing its procedures. And watch your step. A mans leg gets wedged between a train and the platform. A crowd of commuters rushes in as video shows the power of the people. Today, august 6th, 2014. From nbc news this is today with matt lauer and Savannah Guthrie live from studio 1a in rockefeller plaza. Good morning. Welcome to today on a wednesday morning. 7 00 on the west coast. Can we put that video up again . All those people helping to push that train off that man. That could have been a horrifying story. It is really heartwarming. We will tell you about that in a little the while. We want to talk about the top story. The massive theft of 1. 2 billion user names and passwords from hundreds of thousands of websites. Pete williams is nbcs justice correspondent. Pete, 1. 2 billion user names and passwords. This is like the keys to the kingdom. Pete, good morning to you. Reporter ma
Trooper. The trucker who recorded this traffic stop, laying down the law for the speeding Police Officer, instead. This morning, speaking out about why he did it. This is going to be the best day of my life and we believe. Team usas superfans are super ready. This man drove from albany to brazil in his r. V. These fans checked extra luggage to show theyre patriotic pride. The final countdown, now. The excitement starts here on gma. Good morning, america. Usa. Usa. Usa. Usa. Usa. Usa. Usa. And we do say good morning, america. So much excitement here in times square and across this country. In our red, white and blue this morning. I think i saw George Washington in the crowd there. Out for the big game. And look outside our times square studios, in new york city. I know what im going to be doing around 3 45 this afternoon. I have my place staked out. Know where ive watching the game. Strahans flying in the food. Im flying in the food from london, like the other gentleman. I had to cancel