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I thank you for the nomination you have offered me. [applause] president carter and i especially thank you for choosing as my running mate the best partner any president ever had, fritz mondale. [applause] carter with gratitude and with determination, i accept your nomination. [cheers and applause] carter and i am proud to run on the progressive and sound platform that you have hammered out at this convention. [applause] president carter fritz and i will mount a campaign that defines the real issues, a campaign that responds to the intelligence of the American People, a campaign that talks sense. And were going to beat the republicans in november [applause] president carter well win because we are the party of a great president who knew how to get reelected, Franklin Delano roosevelt. [applause] carter and we are the party of a courageous fighter who knew how to give em hell harry truman. [applause] president carter and as truman said, he just told the truth and they thought it was hel
Oil is lower. It is recovering as well. Banks seeing even steeper losses today. Raises the question of whether the rally for stocks is over for good. Whether this market is really on the verge of some serious trouble. Pete, is it . Is it in serious trouble . I dont know that its in serious trouble but will it trade lower . It absolutely is going lower. And when you look at this rally and we have been talking about this for days now. The rally is encompassed by materials, energy, a few other names here and there but financials have been lagging on these up days and on the down days they have been almost in the leadership role so we have to see the financials show any kind of stability. We havent seen that. 1810 was the low in february. Are we going back there or even lower than that, doc . No i dont think we are. The reason is i think its a reaction to the exit, the potential exit by Great Britain out of the european union. I think that is why, that 3. 6 move that youve seen out of the
The week the oil price. The Energy Sector solidly in the green for the year. Is there still an opportunity here . Well talk about that coming up. Plus, a little bit later an exclusive interview with frontrunner Hillary Clinton. Well get her reaction to last nights republican president ial debate and latest developments in the controversy over her personal email server and her positions on trade and the economy. Thats coming up in a little bit. Marco rubio claiming Donald Trumps companies have hurt Small Businesses weve got to two Small Business owners debating whether trump would be good for bad for their companies. That and a lot more. Lets start with the nittygritty of this mornings jobs report. Who better too do that than our men on the job, steve liesman. I dont know, maybe the market is following what im seeing from economists right now and theyve got a little bit more hawkish about the job report than they were earlier this morning in first round of commentary i read. If the data
Very excited. Again, we did hit 18,000. Pulled back a bit. I think the important think is were approaching the historic highs. With a historic closing high. That was way back on may 19th. Broad group of stocks leading, right now you have disney leading, and you have chevron and exxon. Along with jpmorgan when would a great week last week. Its a pretty broad advance. Energy is leading 3 1 advancing to declining, and its been marching forward throughout the morning. The volume is on the moderate side, the vix is declining, and Oil Volatility is declining. I think thats the big story. People keep asking me, why are we advancing today . The smart money was short oil into the doha meeting, widely expected there would not be any big agreements. You bet buy programs coming in, take a look at the sectors, energy are leading. That would support the idea, that we are getting some short coverings in the energy group. Back to you. Your other big story is, as, of course, bo been mentioned, crude bo