Im nowjoined by our North America Business correspondent ritika gupta. What is it that markets make of what they are saying . They are nervous because they dont know whats going to happen next. Yes. The mood of nervousness. Little change now but losses off the back of those Middle East tensions. There is a dent to risk appetite. Markets dont like Uncertainty And Risk now is can this respondent is this going to blow into wider war. One of the sectors that is bucking the trend and going higher Todays Energy stocks and that is off the back of oil as you mentioned. It was up as much as 3 today and continuing again from yesterday over Supply Disruption concerns. Yesterday we saw some of those Safe Haven assets like gold, we are seeing some of Varese Today but i still think overall there is this wait and see mode and a very risk of town. Is this Waitandsee Mode and a very risk of town. Very risk of town. There is one thing they very risk of town. There is one thing they are very risk of town
Basis. Keep you abreast of that. Barreling down, albeit barreling down slowly on Grady Trimble in gulf part mississippi. Reporter neil, sally is moving extremely slowly at two miles an hour. That is slower than most humans walk. You can see here it is starting to rain. The wind is picking up. Were in pascagoula, mississippi. The water is lapping over the side. The storm makes landfall tomorrow, is that tomorrowsurge continues. That the water pushed up. In area. Along beach boulevard there are many house us. Theyre not boarded up for the most part from what weve seen. Sternly a risk of flooding, with all of the oak trees, 85 mileperhour winds are nothing to mess around with either. Because the storm is moving so slowly well see several days worth of rain. You could see flash flooding on top of a potential for storm surge. I want to point out the pier in the background there. A light moment as people prepare for this very serious storm. We saw people gathered there we werent sure what th
And that, weve taken 40 seconds out of the next show, but since i cohost the next show, i took it from myself, contessa its paying peter, robbing peter to pay paul. Whats new at 2 00 stocks sitting just below record highs. Bank of america says theres no euphoria in this market. Thats a good thing. Plus boeing soaring on reports that Warren Buffett is jumping into the game, but theres one bearish analyst who says sell this stock hell be here to make this case. Later, Oil Prices Rising as tensions in the middle east ratchet up are higher prices here to stay well hear from the ceo of marathon oil power lunch starts right now the dow off the lows of the day but still down b about. 40 . The s p in the red as well down a quarter of a percent look at the north ameriasdaq in stocks check out micron and western digital. Theyre surging after cowen says both of these stocks as a buy. Micron up almost 8 , tyler the markets largely shaking off concerns about iran instead focusing on hopes for earni
Alexandra from the worlds 250th birthday or embark on a voyage of discovery. Expedition voyage d. W. Jacob zuma is to stand trial on corruption charges from south Africas High Court has just denied to the countrys former president a permanent day off prosecution. Running out of oil could explore new rich oil wells if only it topped the money to do so. But come to a business africa but then good to have you with us and were starting with the latest development in a major corruption trial. In south africa our former South African president jacob zuma has been denied a stay of prosecution to prevent him from being charged in a graft case relating to a 2 and a half 1000000000. 00 arms deal efface is 16 charges of fraud racketeering and Money Laundering. Zuma held office from 2009 to 2018. He is accused of taking bribes from french arms manufacturer tallis in 1900. 60 in charges of for old racketeering and Money Laundering to be struck out but a judge in pietermaritzburg moved against him.
After the. Seminar. Jacob zuma is to stand trial on corruption charges south Africas High Court has just denied to the countrys former president 8 permanent stay off prosecution. Running out of oil could explore new rich oil wealth if only it topped the money. Come to do business africa. Good to have you with us and were starting with the latest development in a major corruption trial. In south africa former South African president jacob zuma has been denied a stay of prosecution to prevent him from being charged in a graft case relating to a 2 and a half 1000000000. 00 arms deal if faces 16 charges of fraud racketeering and Money Laundering. Zuma held office from 2009 to 2018. Hes accused of taking bribes from french arms manufacturer tallis in 1991 to mop life for 16 charges or for old racketeering and Money Laundering to be struck out but a judge in pietermaritzburg moved against him. Up a commission when she called the g. C. C. And the peace number c c d 30 spoke to 2018 is dismiss