The 100 billion beer deal has been brewing for months is closer now to being a done deal, sabmillers board will recommend that Shareholders Approve a take overby anheuserbusch inbev, boosted initial offer to the postbrexit drop in the british pound. Facebook could you up to an extra billion dollars, a transfer of assets to ireland in 2010 and new york fed is asking the Philippine Central Bank to help recover 81 million stolen by hackers back in february. That 81 million belonged to the bank of bangladesh. Roeuters reports the money was mostly laundered through the casino industry. All right. Tyler, im brian sullivan. Check on your friday, the s p 500 despite that disappointing gdp print briefly hitting yet another new intraday high, it has since pulled back. The magic number to watch for a closing high 2175. In the meantime the nasdaq is trading at a 52week high itself up by big gains in google, amazon, and much more on those names ahead. We are also all over this oil slide. Crude oil
The data, Federal Reserve. And what if anything policymakers will do when they meet next week. Probably nothing, by the way, but hey, you never know. But it wasnt just the feds. One stock in particular played a key role in the swings all week long apple. It was up 10 for the week but lost some ground today. Today, the Dow Jones Industrial off 88. Nasdaq fell five. The s p 500 declined by eight. For the week, nasdaq was the big winner, up more than 2 . Bob pisani takes a look at the week that wa week that may lie ahead. It was a wild week. It started with fears that the fed may raise rates next week. Stocks moved down, bond yields moved up. Stocks settled down late in the week. The big story shifted to apple and strong orders for the iphone 7 pushing th up 11 . Apple is by far the biggest stock in the u. S. When the biggest stock in the u. S. Moves 11 in a week, thats news, because it not only moves the stock, it moves the market. The s p 500, the main market index, is market cap weight
The data, Federal Reserve. And what if anything policymakers will do when they meet next week. Probably nothing, by the way, but hey, you never know. But it wasnt just the feds. One stock in particular played a key role in the swings all week long apple. It was up 10 for the week but lost some ground today. Today, the Dow Jones Industrial off 88. Nasdaq fell five. The s p 500 declined by eight. For the week, nasdaq was the big winner, up more than 2 . Bob pisani takes a look at the week that wa week that may lie ahead. It was a wild week. It started with fears that the fed may raise rates next week. Stocks moved down, bond yields moved up. Stocks settled down late in the week. The big story shifted to apple and strong orders for the iphone 7 pushing th up 11 . Apple is by far the biggest stock in the u. S. When the biggest stock in the u. S. Moves 11 in a week, thats news, because it not only moves the stock, it moves the market. The s p 500, the main market index, is market cap weight
The data, Federal Reserve. And what if anything policymakers will do when they meet next week. Probably nothing, by the way, but hey, you never know. But it wasnt just the feds. One stock in particular played a key role in the swings all week long apple. It was up 10 for the week but lost some ground today. Today, the Dow Jones Industrial off 88. Nasdaq fell five. The s p 500 declined by eight. For the week, nasdaq was the big winner, up more than 2 . Bob pisani takes a look at the week that wa week that may lie ahead. It was a wild week. It started with fears that the fed may raise rates next week. Stocks moved down, bond yields moved up. Stocks settled down late in the week. The big story shifted to apple and strong orders for the iphone 7 pushing th up 11 . Apple is by far the biggest stock in the u. S. When the biggest stock in the u. S. Moves 11 in a week, thats news, because it not only moves the stock, it moves the market. The s p 500, the main market index, is market cap weight
Target practice. Given all the volatility weve seen, are wall street strategists s p targets about to change. Do you have an answer, mandy . Theat least i have some very smart people joining me through the course of the hour with their answers. Welcome back, brian. We missed you. Begin with the wild swings in oil. Those prices were down bigtime earlier but weve seen a massive rally to the tune of about 6 now building on the two previous big up days, keep in mind. But crude has now completely obliterated all of the losses it saw in august. It was down about 20 . Jackie deangelis joins us with more from the nymex. What was the major spark in this turnaround . Crude, jackie, and do people believe in it . When you look at session lows, 43. 60, were up more than 4. No one was looking for it in the morning. But the headlines came out that producers are now willing to talk about production globally. Opec saying that it stands ready to talk to other producers about the market but that it wants