Is seems to be working. Oil and the energy sector. We have Oil Trading Slightly Higher up about 0. 4 after a bigger than expected drawdown for Oil Inventories and a small build from that oil reacting favorably up for the first time in three days or it three days. The s p 500 not so much. Down five days in a row. Streak. Losing perhaps helping energy stocks. And look at some of the Industrial Metals. Big gains for copper, zinc, nickel. Dollar, just about flat, giving up some gains. We have pretty decent movers. The top percentage mover for the s p 500 is freeport, very solid. Told methese, mike, that this has to do with the strength in iron. Bank a dramatic nejra somewhere shorting the metals because of concerns of china. Here is hot equities are looking around the close of as and the trading. Green across the screen. Germanys dax, ftse 100 hitting their highs in at least a week in todays sessions. Most of these benchmarks of 0. 7 1 like ftse. By in a the fx space, Dollar Strength ahead
The dow, 20,792. Our Leslie Picard starts us off with the comments that have wall street talking. What did jeffrey oven have to say . Two words to describe the markets. They are bad stuff. He was speaking at a reuters event on activism and says he is disinvesting and sitting on 3 billion in cash. Ubben is focused on the risk of inflation. Everything about trump i think is inflationary. Its the last thing anybody is worried about. Interest rates are going up. There is no talk of fighting the fed at all. He did concede that tax reform would be positive. The devil is in the details. If there is a border tax, which is very inflationary. Trumps agenda has been a boom for his investments. He invested in Morgan Stanley and the stock has doubled since. He said he got super lucky because you didnt expect trump to win and all of the sudden, regulatory relief looks to be on the horizon. Rates are going up and volatility has returned. He still owns Morgan Stanley but sold some. He doesnt know how
They need to get a life and go on. And did steve bannon pull a scaramucci 2. 0 and accidentally go on the record with a reporter . I like mr. Bannon. Hes a friend of mine. We have to begin this morning with the biggest names in Corporate America turning their backs on President Trump in the wake of charlottesville. These are men and women that control half a trillion dollars in the u. S. And saying they can no longer work with this president and theyre not the only ones. We have a great team to break it down this morning. First i want to walk you through this. By the time the president disbanded his Economic Advisory council, it was clear he didnt have a choice. Most of the members had already quit. It started with mercks ceo ken frazier, dropping out of the Manufacturing Council monday morning. Within minutes, the president slammed him on twitter, accusing merck of ripping off customers. But other ceos wouldnt be scared off so easily. Frazier was followed by under armour and intel and
Build a haystack. Thanks, rachel. Isabel wilkerson will get the first word tonight on what happens in charlottesville and the president s reaction to it. There is new reporting on the trump russia investigation tonight. The Washington Post reports on emails sent within the Trump Campaign, including one trying to arrange a meeting between candidate donald trump and Vladimir Putin. But first, to what happened this weekend. We dont know the number. The United States is i have good at compiling statistics, but there are some big holes in the statistical picture of life in america. So we dont know what number Heather Heyer is. She is the person most recently murdered in the United States for taking a stand against White Supremacy. White supremacists have been murdering people for taking a stand against them for hundreds of years. We dont know the number of slaves that they murdered. We dont know the number of free white people who were too sympathetic to slaves who they murdered. White supr
Just a moment. Deadly attack in charlottesville, virginia, 20yearold spectacular james alex fields just and in court within the last hour. Hes accused of ramming his car into a crowd killing one woman and injuring 19 others. Plus President Trump will meet with attorney general Jeff Sessions and fbi director christopher wray. The president facing criticism for not explicitly condemning the role of White Supremacists in the deadly protest. We condemn in the strongest possible terms they egregious display of hatred, bigotry and violence on many sides. On many sides. President trump yesterday stated clearly that he condemns hate and violence in all of its forms. They made a very strong statements that directly contradicted the ideology of hatred, violence, bigotry, racism, White Supremacy. Though things must be condemned in this country. They are totally unacceptable. That was a strong statement. That actually was. A strong statement. What he was referring to that the president made wasnt