To top headlines. To bealk of a Briefing Held at 10 15 on august 13. I believe that is into their morning as well tomorrow morning. Lets get you caught up on what occurred overnight. Here is julie hyman. Chinas decision is rattling market today. Theks are down around world, and futures in the u. S. Indicate u. S. Stocks will be lower at the open as well. Commodities also declining. Hsbcs senior economic adviser told bloomberg we could see this as a bit of a payback. China is in a difficult position because every other country in the world has devalued against china. Julie emergingmarket stocks have some to their lowest levels since 2011. They are now in a bear market, down 22 since hitting a peak last december. The price of oil is bouncing back from lowes. From lows. It has come back a little bit. A little under 44 per barrel. Prices are down more than 18 this year. Hillary clinton has agreed to turn over the private email server she used while secretary of state. It tos told aides to
First to our lead. In other wild ride in the markets for u. S. Markets erasing gains made earlier in the day. Tech stocks faring better than the rest. Straight to matt miller for the latest action at the close. Apple, netflix, facebook, amazon, best buy, these were the addingners on the s p fractions of index points at the close. We were up 3 on the s p after the huge drops weve seen in the last five trading days in the stocks out rally after the close. Old Economy Companies like gm, merck, johnson johnson, those companies along with microsoft, which some would think it is an old economy as well, way down on the embe index. Now we are in in a situation where today is the sixth trading day. The Dow Jones Industrial average was up 540 points. Slowly chipped away at that gain until we finished down at a loss of 200. It is anybodys guess as to what happens tomorrow. Maybe they think we are too pricey. We would have to wait and see how asia opens up tomorrow night. We will be watching that.
Another wild ride in the markets erasing gains made earlier in , the day. Tech stocks faring better than the rest. Straight to matt miller for the latest action at the close. Break it down. Matt apple, netflix, facebook, amazon, best buy, these were the big winners on the s p adding index points, or fractions of index points at the close. We were up almost 3 on the s p after the huge drops weve seen in the last five trading days in the tech stocks helped rally after the close. Old Economy Companies like gm, merck, johnson johnson, those companies along with microsoft, which some would think it is an old economy as well, way down on the index. Brought us to a loss of 1. 3 at the end of the day. Now we are in in a situation where today is the sixth trading day. Innovaro for drops. The Dow Jones Industrial average was up 540 points. Slowly chipped away at that gain until we finished down at a loss of 200. It is anybodys guess as to what happens tomorrow. Maybe they think we are too pricey
Markets for u. S. Markets erasing gains made earlier in the day. Tech stocks faring better than the rest. Straight to matt miller for the latest action at the close. Matt apple, netflix, facebook, amazon, best buy, these were the big winners on the s p adding fractions of index points at the close. Close. We were up 3 on the s p after the huge drops weve seen in the last five trading days in the tech stocks out rally after the close. Old Economy Companies like gm, merck, johnson johnson, those companies along with microsoft, which some would think it is an old economy as well, way down on the index. [inaudible] [no audio] we were up 3 on the s p after the huge drops weve seen in the last five trading days in the tech stocks out rally after the close. Old Economy Companies like gm, merck, johnson johnson, those companies along with microsoft, which some would think it is an old economy as well, way down on the index. Now we are in in a situation where today is the sixth trading day. The
Making the case for why conventional television isnt going away, not so fast, and why cord cutting isnt such a big deal keep that dial tuned here because power lunch is beginning now. Any gains by the major three averages would give them record closing highs, energy is the best performing sector today thanks to oil, crude, in fact, topping 50 bucks for the First Time Since august 10 Tenet Health Care shares soaring. Reporting the company is exploring a possible sale. Michelle got it melissa, thank you. Heres what else is happening. The federal trade commission is opening an investigation into the massive breach at equifax. The companys ceo is set to testify on october 3 before the house energy and Commerce Committee and the chairman of that panel will join us in the next hour on power lunch. Equifax stock sitting at twoyear lows. Facebook is launching a new Crisis Response center to help users during disasters and attacks. And bitcoin is tanking 10 after a big Chinese Exchange said its