Dollar index continuing to climb higher and higher out of the case as well for crude oil. This is the global benchmark. Imax is up as well, over 96 a barrel, real strength in the oil market as we heard the russians and the saudis will continue production cuts at least through the end of the year and also in the last few minutes we learned that United Airlines is issued a nationwide ground stop for all flights due to a computer issue. This is according to abc news and they cite the faa and united for this nationwide founding of all united flights. The shares are down to session lows off of 4. 2 4. 6 . John we will continue to watch. You are talking about the energy trade today and the commitment for some opecplus nations to supply cuts the has few Energy Stocks on the down day for most sectors, but Occidental Petroleum up 3. 5 at this hour. As we continue to read through to the health of the economy, americas car market was an interesting example. A used car dealers profitability is tak
Missile launch there the last hour or so lets get to eamon javers at the white house to sort this out for us eamon . Reporter were expecting to hear from the president in the roosevelt room at the white house. We dont know what topic hes going to be speaking on. This is a moment where theyre allowing the press pool to come in to a previously scheduled meeting. That meeting was going to be with democratic and republican congressional leaders, but after the president tweeted about the Democratic Leaders earlier this morning and said he saw no hope for a deal with them, the democrats backed out of this meeting. The republicans are still tae attending. The white house says the invitation is still open for the democrats to come to the meeting. You can expect well see a few empty chairs in the meeting where nancy pelosi and Chuck Schumer would have been sitting. The president might address that in his remarks to the press pool which is waiting to go in as we speak. He might also talk about t
Another high rope in print because 85 points away. We may have it today. Lauren stocks open higher as well. Still trading to the upside. Look at the dax and germany gaining 1 . Trying to japanese tax reopening. The nikkei scored more than 3 and chinas shanghai composite capacity . Lauren spot on for an ipo. Spotted via kos public, but some investors out of the profits. Thiel starts right now. Fbn am starts right now. Cheryl 5 01 a. M. Here in new york late thursday, january 4th. Good morning, everybody. Cheryl casone. Lauren im lauren simonetti. Welcome to a snow day. Trenches was here in new york city closing, businesses cannot run impacting for what could be in historic storm. Lauren lets talk about it. Nasty Winter Weather wreaking havoc in the northeast. We are use to it, but this out barely met the east coast seen snow, ice and wind set of Hurricane Forces. Tracee carrasco joins us at the details of what we can expect that the day. Good morning. Four days into 2018 and we are bein
The market rally lets get to dom chu to give us a broader picture of what were seeing here. The whoopwhoops are happening all over the place, not just on the floor but across wall street and investing america because we are, again, at record highs for the overall stock market the best start to a year for the s p 500 since 2003 back then, it gained around 6 were at that 4. 5 , maybe close to 5 at this point. Check this out the s p 500 over the past week is up 1. 5 industrials, consumer discretionary, energy, financials, cyclical, economically sensitive the ones who do good in a rising economy. Those sectors are outperforming. Meanwhile, Interest Ratesensitive sectors like real estate, telecom, utilities, Consumer Staples are the market underperformers. As for the best performing stocks in the s p 500 and the worst ones, check this out because we have at least Seagate Technologies showing its going to be the best er performing stock so far on the Dow Jones Industrial average side, no sur
Around 11 50, the gop released an fbi memo a lot of people are skeptical whether that would have any influence on the market. We moved down a few Percentage Points say its a small impact. In the midday yields started picking up around their highs, and weve been cascading lower ever since then. Lets put the vast majority of this clearly on yield concerns all 30 dow stocks have been moving to the downside, but weve seen some interesting moves of major stocks. For example, when was the last time you saw Goldman Sachs down 10 . Thats the biggest point decliner were seeing right now. But even some other big market leaders are down, notably. Boeing is behaving relatively well with the market down better than 2 . Boeing is only down 1. 7 still, its such a big stock, down six points. Thats 45 points in the dow. Then we have some earnings things coming out a little bit exxon was a bit of a disappointment on its earnings today. Thats down 6 even then, even with the lower priced stock, thats abou