Missed it. The dow ended with a piddling 0. 2 decline. Not much at all. But between the bells, it swung. 425 points from peak to troll in a wide volatile trading session. At one point, up 282. At another, down 143. For the First Time Since 2009 the dow moved from being up 1. 6 to ending negative on the day. Pick your reasons for the volatility. The bulls Earnings Report yesterday. Some solid chinese trade but then the bears took over on trouble technicals. Word that germany may be bulking by europes central bank and of course oil. It resumed its problematic slide today as brent crude briefly traded at parody with domestic oil. Heres how the major averages ended the day and again, those numbers deceived. The dow closed 25 points lower and nasdaq 3 and s p 500 off by a mere 5 points. U. S. Oil closed 18 cents lower at 45. 89 a barrel and actually it turned positive in afterhours trading for a while. Brandt closed at 46. 59 a barrel. In the bond market the yield on the benchmark ten year
Missed it. The dow ended with a piddling 0. 2 decline. Not much at all. But between the bells, it swung. 425 points from peak to troll in a wide volatile trading session. At one point, up 282. At another, down 143. For the First Time Since 2009 the dow moved from being up 1. 6 to ending negative on the day. Pick your reasons for the volatility. The bulls Earnings Report yesterday. Some solid chinese trade but then the bears took over on trouble technicals. Word that germany may be bulking by europes central bank and of course oil. It resumed its problematic slide today as brent crude briefly traded at parody with domestic oil. Heres how the major averages ended the day and again, those numbers deceived. The dow closed 25 points lower and nasdaq 3 and s p 500 off by a mere 5 points. U. S. Oil closed 18 cents lower at 45. 89 a barrel and actually it turned positive in afterhours trading for a while. Brandt closed at 46. 59 a barrel. In the bond market the yield on the benchmark ten year
Missed it. The dow ended with a piddling 0. 2 decline. Not much at all. But between the bells, it swung. 425 points from peak to troll in a wide volatile trading session. At one point, up 282. At another, down 143. For the First Time Since 2009 the dow moved from being up 1. 6 to ending negative on the day. Pick your reasons for the volatility. The bulls Earnings Report yesterday. Some solid chinese trade but then the bears took over on trouble technicals. Word that germany may be bulking by europes central bank and of course oil. It resumed its problematic slide today as brent crude briefly traded at parody with domestic oil. Heres how the major averages ended the day and again, those numbers deceived. The dow closed 25 points lower and nasdaq 3 and s p 500 off by a mere 5 points. U. S. Oil closed 18 cents lower at 45. 89 a barrel and actually it turned positive in afterhours trading for a while. Brandt closed at 46. 59 a barrel. In the bond market the yield on the benchmark ten year
Speaks at a washington think tank in just a few minutes. Mike viqueira joins us from washington. Mike, good morning, what are some of the main points the president is expected to address . Reporter you are right, the president turning a page now after the last two months healthcare. Gov debacle. He is going to talk about the grows gap between rich and poor. Its not a new story or a new subject for president obama. He talked ariel castro it two years ago in a benchmark speech in kansas. And he spoke a little bit about in this years state of the union. The top 1 in this country have seen their income triple over the course of the last 28 years, meanwhile the middle class has scene their income grow at a modest 1 on average over the course of that same time annually. So the president will be talking about that. Hell be talking once again renewing his call to raise the minimum wage. A lot of talk about that here in d. C. Where the city council is voting to raise the minimum wage. Democrats
Money. This is real money, and you are the most important part of the show. Tell us what is on your mind by tweeting us. President obama landed in brussels tonight in the heart of europe for a summit of seven industrialized countries. There is drama given the big topic is what to do with the big bear not in the room, russia. The g7 wants to show an united front. Today german chancellor Angela Merkel said act or face stricter economic sanctions from the west. In a way the g7 meeting is a slap in the face for the russians. The summit was originally build as the g8 meeting to be held in sochi, but after they were disinvited the venue was moved to brussels. Weve got new data illustrating europes economic problems, and those problems are hurting us. Americas trade deficit with the rest of the worlds the imports to exports. A lot of it has to do with europe, the trade gap with europe grew 23 in april. So while americans can now afford more imported goods as the economy here improves, europea