Points, the s p by nearly 20, and the nasdaq by about 57 points. Also being helped, im sure, by the news from china. What do we think about this . I saw the rally in oil prices on friday. Basically a rumor that you were going to see Something Like this. If its contingent on iran and iraq both playing along with it, that raises all kinds of questions. Seems to be the same caveat weve heard over and over again. Iran has theyve walked back some of their more explicit talk about ramping up production. Still, theyre so eager to get back in the markets. And iraq is desperate too. Lets not forget iran boosted output a month ago by 500,000 barrels a day. If saudi arabia and russia and whoever else want to get together, they need to get iran in the room. And lets not forget that a freeze is not the same as an output cut. If demand grows, then theoretically supplydemand will come back into balance. If demand slows because of china, the freeze leaves the gap where it is. Oil is still under 30 a b
A flurry of retail results. Some good, some bad. I wonder if restoration or maybe its devastation hardware. Its brutal and they blame the market. Maybe thats the final proof that the high end customer has rolled over. Has pulled back at least. I dont know necessarily were talking about rolled over but theyre blaming the market and theyre talking about volatility and all the things going out on the markets each and every day and i they when you go through the retail environment its good to see howell home depot did and tjx did also. When you look at the names doing well they have some form of exposure to the housing world and where the spending is going on and maybe other names. Macys surprised us sitting here on the desk. Expectations have been so low. They could have gotten over that bar. But they did. That was the real key. Thats why that stock reacted the way it was. They have been punished and pricing in a lot of the negativity. Youre helping me make my point though steve. Restorat
Night chance of snow late low 1117 winds w 510 alo 13 dbq 11 iow 15 thanks kaj. This morning, some president ial candidates are celebrating their wins after the New Hampshire primary. As polls predicted, donald trump and Bernie Sanders won last night. President ial candidates are looking forward this morning. Republicans have a primary vote in South Carolina on the 20th. Nevada democrats caucus that same day. Republicans in nevada caucus on the 23rd. And the democratic primary for South Carolina is on the 27th. It comes to a peak on march 1st super tuesday with 14 republican and 11 democratic primaries or caucuses. For the republicans in the New Hampshire primary, trump won with 35 point 1 percent support. While Ohio Governor john kasich pulled out an impressive second place finish with 15 point 9 percent. Ted cruz was third with 11 point is with 89 percent reporting. Kasich says he owes his success to a clean campaign. Maybe just maybe were turning the page on a dark part of american
Super bowl li. Good afternoon everyone. Im frank mallicoat. And im michelle griego. The game is in the history books, the teams taking off from mineta airport. Reporter its been a busy morning at sfo. Theyre believing this may have been one of the biggest departure dates ever to take place at sfo. They are expecting 85,000 to fly out. Thats 25,000 than on a normal day of business. Today is our game day. Reporter the super madness is not over yet. Whenever they were applying out of san jose or San Francisco compared to getting into levis stadium, security at sfo was a breeze. Gridlock traffic clocked up nearly every roadway. Broncos fans said they enjoyed the last few days in the bay area. It was a once in a lifetime opportunity. Super bowl, super 50, broncos, and Peyton Manning possible last game. We got to do sightseeing. Reporter if you have a Super Program theres a holographic image thats setting off security alarms if you put it in checked baggage. Its recommended to put it in carr
And fresh off his victory in New Hampshire, democrat Bernie Sanders here in new york city. Yeah. Sanders walked away with a doubledigit win over Hillary Clinton in the Granite State and sanders kicked off his day here at a breakfast with the reverend al sharpton. Eyewitness News Reporter rob rob. Reporter good afternoon, dave. Just hours after that overwhelming win in New Hampshire, Bernie Sanders came here today to sylvias in harlem, an iconic black restaurant in the middle of an iconic black neighborhood. The message here could not have been clearer, sanders putting Hillary Clinton on notice that he does intend to fight hard for the black vote in this election. Senator sanders arrived in harlem shortly before 10 00 this morning for a quick breakfast with the reverend al sharpton at the legend ai soul Food Restaurant sylvias. The restaurant only lasted about 30 minutes, but its the mere gesture of sanders meeting with sharpton that sends a Strong Political message. Sanders is doing we