87, the russell small caps up 20 , its best month ever can the run continue and moderna says its ready to file for emergency use while novavax announces a second delay in its late trials we have the details. P power lunch starts right now it wouldnt be a record rally if there werent some bumps along the way. Was today just a oneday pause or something more . Lets go to bob pisani for more. Hi, bob. Hello, kelly. It actual its actually not a bad day. We were down 447 points, weve regained almost half of that if you look at whats down today, Energy Stocks, some up 30 for the month. Thats down. Bank stocks, another amazing rally. Look at this, tech is up apples had a monster day, up overall some of the semiconductors also doing well health care is down fractionally, thats a defense of group if you look at whats going on for november and the value cyclical location, this must be an alltime record for Energy Stocks banks up almost 20 , industrials as a cyclical group. So theyre not selling t
Audacious attacks on the heart of saudi arabias economy. The Abqaiq Oil Processing Plant one of the Worlds Largest engulfed in flames, attacked by drones. The kingdoms second largest oilfield, khurais, also hit. The smoke visible from space, caught by a nasa satellite. Yemens Houthi Rebels are celebrating. Translation this Mission Comes as part of our legitimate and natural right to react to the crimes of the aggression and its continuous blockade on our country for the past five years. Aramco, owned by the saudi state, is one of the Worlds Biggest Oil companies. Khurais produces around 1 of the worlds oil. And abqaiq is capable of processing 7 of global supply. Some reports say half the kingdoms Oil Production will be affected. This could Impact Oil Prices in the coming days. In recent months, houthis have carried out a series of strikes on saudi arabias Oil Facilities, using missiles and drones, but the latest attacks are among their most destructive. This is embarrassing for saudi a
Be the first british sportsperson to go public about living with the virus. The us secretary of state has blamed iranfor the us secretary of state has blamed iran for the drone strikes on two saudi oilfacilities, saying there is no evidence the attacks came from yemen. Mike pompeo accused iran of launching an unprecedented attack on the Worlds Energy supply. The Saudi Energy Minister said half the countrys Oil Production would be temporarily halted. Houthi rebels in yemen earlier said they had carried out the attacks. Audacious attacks on the heart of saudi arabias economy. The Abqaiq Oil Processing Plant one of the Worlds Largest engulfed in flames, attacked by drones. The kingdoms second largest oilfield, khurais, also hit. The smoke visible from space, caught by a nasa satellite. Yemens Houthi Rebels are celebrating. Translation this Mission Comes as part of our legitimate and natural right to react to the crimes of the aggression and its continuous blockade on our country for the p
And welcome, everyone, to power lunch. Im Tyler Mathisen glad you could join us on a summer monday. A new trading month, a new half, and record highs for the stock market, but were off the session highs, as melissa just mentioned. The dow was up 290 points earlier. Apple leading the dow, boeing, the biggest dragger. And chip stocks soaring on that trade truce. Kelly. Tyler, thanks the rally is losing steam. Lets get to seema moda on the floor of the New York Stock Exchange with more on the action this hour. Hey, the key question for the market is whether those talks between u. S. And chinese officials over the weekend and japan will actually lead to a trade deal what youre seeing is some of the optimism around the trade talks starting to fade we started the day higher by about 1 the intra day high for the s p 500 was 2977 were currently at 2957. Still up about a half a percent on the names on the day. Names that initially jumped higher on g20 trade talks have come off their highs as we