Barrel is becoming greater. Well tell you the stocks that could benefit from oil falling that far. Thats coming up in a moment here. A new report says walmart buyers are fighting back against increased fees. Somebody says amazon is to blame for this. Shell explain why coming up. Next week one of the most talkedabout events in financial journalism, the september fed meeting. Our buddy larry kudlow will join us to tell us why he does not think the fed should make a move just yet. Looking forward to that. Lets go to the oil pits first. Jackie deangelis following the action on the back of this big goldman call. 20 a barrel. What impact is it having today . It had a big impact today we settled on the session 1. 29 lower. 44. 63 where wti finished. We were down 2. 5 on the week. Up still 4 on the month. This note today is part of the pressure. Goldman is saying oil is going to stay lower for longer. They are looking at 45 a barrel a year out when they were in the high 50s. It is not their ba
Becoming the event t watch out for. 10 is where its been a couple of years since we have had an event like this. By now you probably know im scott wapner today in for bill griffith. It was a White Knuckle ride with triple digit moves and norm rather than the exception. Certainly the case. Take a look. Calming down a bit and not at the nasdaq and tech stocks taking tonight chin. Semiconductors, Morgan Brennan joining us now with how things look at a pretty wild week. A wild week for the nasdaq composite and closer to the close the selloff is accelerating here at the nasdaq. Down at fresh lows. 1. 4 so far for the day and on track to log a 3. 5 loss for the nasdaq this week, the third consecutive week of losses for the nasdaq. Semiconductors leading. Weak demand in china. Thats pushing all of the chipmakers lower, including texas instruments, micron and intel, a large cap name that tends to drive the nasdaqs performance. Thats fueling fears over Global Growth and thats in turn setting ot
Know a lot of High School Teams will be playing this evening. A problem there since you conceivably have some strong open the storms that may come through. Satellite storms coming true. You may have caught a sprinkle over night. Nothing to write home about. But further out to the south and west we have a cluster of storms. One from the west will make a beeline right to this area this afternoon. Later today potential for heavy rain. Numbers close to 1 in. Of rain tonight and into tomorrow. Strong wind and large hail is possible. Up to 76 degrees by 5 00 p. M. 80 percent chance of rain. The official high during the day. 68 early friday, 38 early saturday. Nothing but good news. You tell me about these fancy terms, it was only for a m. We have construction. More construction. Thats always start with. This is the project and lagrange that will wrap up tomorrow. The to have posted the tours north and south bound. A quick picture again everything barricaded off completely through their easil
Island and for the last 20 years have kept you working, but this downturn closed your company or pushed you out, those skills are out of date. Good workers, long work history, they need not only the help to retrain but they certainly need the help to get from day to day to day until they get back into the work force. With that, madam president , let me again commend and thank the sponsors and the authors of this legislation and yield the floor. Mr. Isakson i note the absence of a quorum. The presiding officer the clerk will call the roll. Quorum call mr. Harkin i ask further proceedings under the quorum call be dispensed with. The presiding officer without objection. The senator from iowa. Mr. Harkin mr. President , i ask consent that if the final vote on passage is successful the statement of the managers for the Work Force Innovation and opportunity act be printed in the record immediately following the text of the senatepassed bill. The presiding officer without objection. Mr. Harki
Here. None of his topics are facebook or twitter. He says social media stocks are out of control and should be out of your portfolio. Also get a read on the economy ahead of fridays key jobs report and thats with bob nardelli. Hes a little worried and hes here exclusively to tell us why. And United Airlines launching a crackdown on carryon luggage. Well have a special report ahead. And in the markets right now as mentioned, the dow is off 40 points. The s p 500 is now slightly negative 1,872 as we head to the final hour. Joining us in our closing bell exchange, its susanc fulton, nathan bachrach, steve fitzgerald, david kudlow, our own Steve Liesman and Rick Santelli. Steve, ill begin with you. What did the beige book tell us that seemed to confirm what everyone has been talking about, that one word thats dominated for the last two months, weather. I feel like i got hit with another storm. It got down to minus ten. The beige book mentions the word weather 119 times according to the wo