Far. Looking at so ar this morning we got Economic Data on home prices. The case schiller home price index showing an increase of war than five percent of a weathered is talking about the top 20 cities or more broadly, looking nationally. You can see the three major averages are trading higher, representing a rebound from yesterdays decline. Once again in the green for the full year. We have had a lot of switching back and forth on that front. As the is nearly as high nasdaq today. Seeing a switch from yesterday. Betty while prices are dominating the direction of the trade. Definitely, we are seeing more of an issue with commodities following the trade. This, 2. 3 looking at today. It is helping matters. Myyou look at bloomberg terminal, financials doing the best, followed by commodities. Yesterday, a broadbased decline, and today a broadbased advance. Natural gas is once again powering higher rate it has been on a winning streak on the outlook finally, some colder weather. The local n
As i mentioned, we are hitting some fresh highs. Lets get to the markets desk where julie hyman has the latest. Risk on back in the markets as we head toward the end of the year. All three major averages at the highs of the session now as it seems like Risk Appetite is creeping back into the market. Not a particular catalyst today, not unusual on a day that we see volume about half of what it usually is. If you take a look at my bloomberg terminal, you can see where most of the buying is happening. Doinglogy has been consistently well, health care, Consumer Discretionary, financials, all of by at least 1 . Everything is in the green as the buying is broadbased. We talked about risk on. Oil prices also rising today. People are buying oil, both the beauty i and brent. You can see the gap between the two have closed to an extent. There was a diverted between them. Both rebounding in todays session. Here in the u. S. , we get stockpile data tomorrow. Analysts estimate that we will see the
Broadbased advance in todays session and all the major averages are trading higher. Discretionary stocks led the games today and some of the Energy Stocks up and coming back as well. Are seeing Consol Energy and Chesapeake Energy and transocean which fell yesterday coming back in todays energy in todays trading. These are some of the worst performers this year. Iran a ranked returns number so Chesapeake Energy is the worstperforming stock this year, falling 79 . Sometimes you see this rotation and to some of the worst performers at years end. Happens as weat get into it to 16th in scarlet what about oil itself . So much of the rally has been driven by the direction of oil. Julie oil is up today so that helps explain whats going on in stocks. It looks like the outlook for stockpiles in the u. S. On a weekly basis is for them to have fallen for a second straight week. The government is at with numbers tomorrow but we tend to see movement in the oil ahead of that so the drawdown in invent
Chipotle, texas instruments. We have a busier economic week then we saw last week. We look at stocks, bonds, currencies, commodities, futures. T 2 the quiet on the screen, waiting for news flow. 103. 14. For the boe. The yield curve is flatter. 2 spread. Is 10year to the twoyear below 200. You can see the point to federal over. Recession, recession nowhere near recession, but nevertheless a rollover to a flatter yield curve. We have looked at the front pages. They are tragic front pages this morning. First, the latest on Malaysian Air flight 17. The bodies of 251 people, 66 parts of bodies have been recovered and brought to refrigerated train wagons in Eastern Ukraine where they are essentially being held hostage. The rebels are preventing the department of the train. And the dutch are finally being on the scene, but i will be honest, i dont know what that means. It is heartbreaking. Saysraines Prime Minister International Experts have arrived and need to get to the crash site. Secreta
From our studios in new york city, this is charlie rose. The judge is a new film directed by david dobkin. It features Robert Downey jr. And robert duval. Heres the trailer. The infamous hank palmer. A lawyer with no respect for the law. How does it feel, knowing every person you represent is guilty . Fine. Is there anything the council would care to ask . Is this the first time . First time. Grandpa palmer is dead, to zoo . He is grandpa palmer is dead, to zoo . He is dead to me. We can barely stand the sight of each other. Henry, judge. Hank, thanks for coming. I am sure your mother would have appreciated it. Hank palmer. It is the sheriff regarding your father. The biggest mistake of your career, when you happened to run him over . I sat on the bench for 42 years. We need to establish a storm firm defense. I can stay. He is your father. Im going to impale your client on the first degree charge and you will get a first row seat. I am memories. Why . Was i tough on you . Yes. I did wh