Start of the trading day. How are things now . S por the dow and the mostly unchanged. What is catching my eye is the nasdaq. A few things pushing the nasdaq higher. We have apple coming out september 12. Screens. Oled on a smaller version, we have some other biofarma appears peers. The transportation index outperforming the dow industrial. Let me touch on transportation. We will dig a little bit into that. We can see the s p index higher. Bonnie mentioned products in Corpus Christi and houston being shut down. Or haves our new mode of transportation would be in tracking. Airlines are getting canceled in houston, texas, and the surrounding area. Sticking with harvey, i want to look at gasoline over the last five days. This highlights a big jump. Today up 3. 4 . That is translating into higher prices at the pump. I mentioned the nasdaq and the biotech. My favorite this morning was gileads takeover. You are seeing some other Small Pharmaceutical Companies trading in sympathy a little bit
Been your kinds reports President Trump and his aides drafted it the New York Times reports President Trump and his aides drafted it days before the white house let comey go. A letter written by Deputy Attorney general robberson stein was later used to fire comey the kenyan president Uhuru Kenyatta has told supporters that the Supreme Court justice and his crooks decided to take away his win. He spoke out in nairobi after the court nullified his election. President kenyatta i respect it. I disagree with it, because millions of kenyans made their choice, and 6 people have decided that they will go against the will of the people. Kenyas Supreme Court says the Election Commission committed illegalities and irregularities after Opposition Leader raila odinga challenge the vote. Global news 24 hours a day powered by more than 2600 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Julia live from bloombergs World Headquarters in new york, im julia chatter
Under no circumstances would i resign. Mark after last months shooting in orlando. They notify next of kin. They report released today says the rush to get to the scene, agents didnt bring the proper equipment. 49 people were killed during the june 2016 shooting at was the worst mass shooting in modern u. S. History. Local news 24 hours a day powered by more than 2700 journalists and asked him and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Abigail live from bloomberg headquarters in new york. Joe julia chatterley is on assignment. Higher, butcks are the dollar is slumping after fed chair janet yellen and the euro higher after ecb president mario draghi. Joe the question is, whatd you miss . The storm julie ofld generate billions dollars in economic losses. Sanctions on venezuela with President Trump having to restrict the access to the Financial System but stopped short of imposing a full oil embargo. And if you are in the market to buy a home, rising home val
Processing more oil, up 7 10 of 1 , and if you take a look, as i oil versus theof s p 500, the s p 500 is in yellow, and not a perfect correlation, but oil not hurting with the action we have seen in the s p 500, and i also want to call up the set errors. Call up the sectors. Chor we can see that the mining stocks are doing the best, almost a 50 gain for those stocks year to date. Also andergy energy also. They are keeping the major ones in float. We have been monitoring all day Chesapeake Energy, the company that Aubrey Mcclendon founded. He was killed in a car crash in Oklahoma City and was in died because of alleged collusion with another company over the whereeing paid for land drilling was taking place, so we are seeing those shares up 34 right now. Other oil providers have also been rising, and these aims have been even amid a sharp decline in natural gas. It is trading at a 17year low, Morgan Stanley coming out predicting a recovery, but that is not helping prices in todays sess
Along the 101 so the roadways of course are very, very slick this morning. Sfo we have some mostly cloudy skies, we have that rain there likely going to see some delays as well and hey not bad as far as totals are concerned. Over an inch in santa rosa, over threequarters in san rafael, almost a third in san jose and half inch in San Francisco. And were not done yet. We have more showers to come. Now, temperatures today with the rainy weather, carry that umbrella, its going to be unsettled and cool, highs this is afternoon in the 50s and 60s and a chance of thunderstorms. Lets check your kcbs traffic with elizabeth. Thanks, lawrence. Reporter an accident in hayward. The offramp is closed right now a car stuck in the mud southbound 880 approaching the whipple road exit. So someone may have taken a turn a little too fast. Otherwise at the bay bridge you can see the wet roads toward the toll plaza. There are delays in the far left lanes. No metering lights. In the other direction towards t