Faces its first right with the packers deciding how much to uaw in years. Admit the next investment caroline abigail, what are you vehicle after a bet on we work sours. Watching . Abigail crude oil, today, that romaine todays top story. Saudi aramco growing a little the best that surge, bit less optimistic that there will be a rapid recovery since day in about a decade. There have technical difficulty the weekends attacks. Says itretarygeneral so i will pass to you, renita. Renita is huge jump in crude is too early to consider a oil today. Possible production increase. Oil, corn,ing crude he spoke exclusively earlier today with bloomberg. A collective, as well as sugar. Raw sugar futures climbed more than 1 . Decision of not only opec but corn since 95 g. He opec plus of it is ethanol produced by corn. Index is as energy a template on what would be done and when. More than 3 on the day. Romaine joining us now for more thesefluencing analysis is Cornerstone Macro Agricultural Commoditie
Not too long ago, to set him up for this job. Expected butly faster than many analysts had expected. Thathich is how hard is my question, hollow hard a job is this. Limitedey have some exposure to north america. It did a complete 180. David but it is specifically into a larger story about Capital Investment and specifically energy. Alix and how deep it is in the u. S. That is what we will learn. We have earnings coming out and the macro picture. That Means Nothing is happening in the markets. If you like it was a same story yesterday. The dollar rebound from that selloff. Do williams came in and said nt keep your powder dry. Same in the bond market. A big buy coming in. Can we finally say it is a geopolitical risk story with crude . David did they shoot it down or not . Alix it is all cloak and dagger. David meantime, we want to find out what is going on outside the business world. For that, we turned to Viviana Hurtado. Viviana the Trump Administration and House Speaker nancy pelosi a
Revenue. More labor strikes to come. Thousands of hospitality workers in vegas planning to picket this week after another round of failed negotiations with the casinos. Lets begin with the markets trying to build on yesterdays rally, jim. Were you surprised at all by what stocks and oil did . Yes. Actually i started my show last night by saying a little counterintuitive you could have both at the same time. If you take a look at the same time, obviously, vice chair jefferson speaks and boom, 1 30. They couldnt take the oil stocks down because of whats going on in the middle east. They didnt have the bonds because of columbus day. It was a threepronged oddity that the s p could roar and we didnt have the bonds to key off of and set up a picture that i think was counterintuitive to most people. You had logan and then jefferson talking about higherterm premiums and being mindful, they said, of the impact of higher rates. Yeah. I also think you had the note from edgar din any. Hes always d
This and then subsequently acknowledgement and then after that i will come back to the podium and address the overall investigation. Where we stand and where we are going. Now referenced the investigation piece i dont want to a repeat of what i experienced yesterday. Its an ongoing investigation, so ill be limited in the details that i provide you, but hopefully we can get through this with some modicum of decor decorum. So please dont rush me all at once. When we get to the question phase. I will identify you if you would just raise your hand. Sound fair . All right. Well get through this. Okay. So as a matter of for malt, our department has worked through the night to identify all of the victims at the route 91 Harvest Festival. We have oiled all but three victims. We still have an active scene at the grounds near mandalay bay so we ask anyone to stay away from that area until further notice. The fbi is working diligently to clear that scene. So the question is, the fbi versus us, we
Motives and background of the shooter behind the massacre in las vegas, why did the suspect send tens of thousands of dollars overseas . How did he amass such a fortune despite being a habitual highstakes gambler . Las vegas police will give us an update. Hopefully some details will be answered in just a moment. The former ceo of equifax on the hot seat, grilled on capitol hill by both sides of the aisle how the company allowed hackers to gain access of personal information of over 100 million americans. Wait until you hear what he had to say. Melissa as we await that police News Conference, lets go to Nicole Petallides on the floor of the New York Stock Exchange for more what is moving markets to new record highs today. Nicole, what are traders saying . Melissa, as you tossing to me, the last few red ones were still turning green. Pretty unbelievable. What are they saying . They are saying fundamentals remain the same. Still seeing economic growth. We have records across the board, na