Threat the session. That said, we are bouncing off the lows to some degree. Part of the reason why might be the turnaround we saw in apple shares. Going into todays session, we had an eightsession losing streak aired but the shares are down seeing back today. We are seeing an increase in those shares of more than 1. 50. This being the most heavily weighted stock in the s p 500, it is having at least a little bit of an effect of creating a floor. Shares over the course of the day in wide. The dow and the s p are in yellow and green. They pretty much matched movement for movement throughout the day, although apple clearly is up in the indices are still down. David keeping the market afloat. Energy leading the declines. Julie yes, energy is the group that is doing the worst in the s p 500. That is because true to seeing a tumble of 44 of below 44 a barrel. We will be watching the production numbers closely because we have been seeing sliding production of oil. Index, just a few moments ag
Welcome to the pulse. Manus lets get some breaking news we have on the oil report. Is topply is outside opec fall the most since 1992. So, this is quite a severe warning shot from the iea. They going to say supply will fall by 10 overall. In august, opec, barrels. Ll 220,00 ba0 looking we have been at what Vladimir Putin would have to gain by lowering oil production. He is not part of opec. Forecasting that supply outside opec will fall the most since 19 oil glutday see the after reaching a 17 year high this year. That goes back to Goldman Sachs slashing their forecast, may we see 20 a barrel . I do not know if it is a positive but it does give a boost to certain countries. Cheap oil mean to produce for less and that drives gdp. Manus it does, indeed. Oilrig count drop in u. S. Production has been dropping for five weeks. The longest streak in 11 years. A lot to chreew over in terms of where we are with the opec and nonopec supply. Francine Chinas Central Bank was seen taking the step
In gaza. The icc agree to look at evidence presented by palestinians. Were in the netherlands where the researchers have created a potato that they say could feed millions around the world. It has not happened in 30 years, but belgium has deployed hundreds of troops to back up police in its cities. Theyre guarding several sites. Earlier on belgium Security Forces took people into custody. Much of europe is on high alert after gunmen have killed 13 people. It has been announced a level of security, and it has been announced for a week. And we will evaluate after the first week. Thats one thing. Second thing is that it has to be about support of police. Its not getting in place of the police. The idea is that the police will do police work by driving around and making checks and things like that. Lets hear now from our correspondent who is in brussels. Belgium is in a heightened state of alert. They have taken the unusual step of calling in the army. Were seeing them here on the streets
Trust and accountability, and he is offered six months. Hillary and embellished her story of being on the hostile fire. She got a pass. Third this was just plain embarrassing. The white house could not say that islamic terrorists deliberately killed jews in the paris daily, jumping through hoops all day long to avoid the truth. Finally another middle east country in chaos, yemen. A center for drone operations. Varney and company is about to begin. Moments ago we opened our show with a disturbing news about the Media Foreign Affairs and the competence of the white house team, dismal indeed. Not having much effect on your money. Wednesday morning, we are down 50 points on the dow at 17,815. There is nothing dismal about apple. It is on its way to a value of 3 quarters of a trillion dollars, another record high for the stock this morning and 124 123. 89. This is the value of the whole company. It was worth 0. 1 of that when the iphone was introduced in 2007. 721 billion. We have more on a
And rebels as saudiled air strikes hit houthi positions. O and and a warning to the nightwolves they are told their planned roadtrip to germany is provocative. Welcome to the program. A magnitude 6. 7 aftershock hits nepals capital kathmandu. More than 2,000 have been killed after the earthquake that hit nepal and neighbouring countries. First, this report. They are frightened because the ground shook again this morning. Aftershocks adding to the trauma thats barely registering. Overnight many people chose not to go home. Unable to sleep, and uncertain of when the next jolt will hit. Translation on radio they said another quake could hit, that is why we are all outside, and will spend the night here there are some that lost friend or families certainly their homes. They have a famous proverb that captures the group. They are in the mind. Its in the mind of those who win or lose. To combat the fear we are playing guitar. Women, children and elderly are scared. We play the guitar to make