Says the gains can keep going as long as one thing happens. And it is about bond yields. And in choppy waters, that is how the ceo behind this name describes the consumer we saw the sentiment report, big disappointment he says his company is well positioned to weather it the stock up 17 just this week. But lets start with more on the markets. It is positive generally speaking, but weve lost some momentum here in the midday session so far if you take a look at the dow industrials, kelly mentioned on pace for eight Straight Days worth of gains but just up about 110 points the s p 500 is still above the 5200 mark. Up about five points but the one point today we were up roughly 25 points in the s p and actually about down five at the lows so again, kind of a bit more stuck in a range right now, very tight one. Well see if the s p can break out of it. Nasdaq composite losing ground down 18 points for the composite index. One thing were seeing notable moves is what is happening right now ove
That explains it. It is a dewormer. For a guy who believes doctors are con artists trying to scam you into getting a vaccine, he got a fast one when the worm started eating his brain. The inside of his head is basically the movie dune. You should definitely vote for him. I want to say to any of rfk jr. Fans who are watching, do not despair. Just because he admitted in a sworn deposition that he had parasitic brain damage doesnt mean he is going to drop out. Because Bobby Kennedy jr. Does not know the meaning of the word quit. That information was in the part of the brain that the worm ate. Good morning. Welcome to morning joe. It is thursday, may the 9th. With us, we have the host of way too early, White House Bureau chief at polipolitico, jonathan lemire. Former aide to the george w. Bush white house and state departments, elise jordan. The congressional reporter for the washington post, jackie alemany. A lot to talk about. I think we probably on tv, willie, we broke the worm and brai
Generous benefits. How about this . Blue skies and water on pluto and colonies on mars 20 years from now . Excitement in the space business. And its friday, look at your 401 k , crack a smile, the dow hit 17,000 and will open up some more this morning. Varney company is about to begin. Prepacedent obama is about to overhaul part of his strategy in syria. Officials say the pentagon has stopped training sy the news is just in, an offiom al announcement is cominopen thank goodness. Stuart lets get to the markets, friday morning, a terrific week. Longest winning streak in a year. Chk your 4ay, 40. The dow closed yesterday at 17,050. And were looking for a gain, 20, 30 points. Its not a loss, not bad. A slight gain. Disappointing earnings for alcoa, they kick off the earnings season. And cut the production for china for cars and truck. Alcoa is going to open slightly lower. How about oil . Its been on a teare weust like stock this week. 50 a barrel this morning, 50. 20 to be precise, yought
Thank you lawrence. The overnight roadwork on the bay bridge has now been cleared. Nice and quiet from oakland into San Francisco. We have this stall and it is blocking one lane of westbound 580 approaching north flynn. The car appears to be sparking as well so if youre seeing a little bit of delay this on the sensors obviously in the westbound commute direction, not enough to impact the drive time. Still only 140 minutes between the altamonte pass and dublin interchange. Northbound 101 in San Francisco. A stalled bus approaching alemany boulevard. All trains 26 right now all on time. Thats your latest kcbs traffic. Happening today, a mother and her boyfriend are expected in court on charges that they were responsible for the death of her young daughter. A memorial is growing for 3 yearold Kayleigh Slusher outside the napa apartment where she was found dead saturday morning. Sara krueger and her livein boyfriend Ryan Scott Warner were seen leaving the apartment with luggage shortly bef
But wait, look at california. Highest in the nation by a long way, 4. 21. Underlying gas prices, the price of oil to. Wheres that this monday morning . 104. 51 a barrel. Its up there. Sandra smith is with me. Gas has been up, i think, almost if not every single day for a month. Yes. Stuart now, ive got two questions. Why is that . And number two with, 4 gas on the horizon for this summer . What do you say . Let me give you the easy answer, its geopolitical tensions in ukraine, okay . Its the Federal Reserve pumping money in the system, devaluing the u. S. Dollar, driving up those commodity prices. The more difficult answer as i look into this gas price rise is consumption versus actual supply. We are using more gasoline today than we were several years ago. Stuart yeah. I hear its up 3. 8 in the past year, demand, consumption. And last a year we saw the biggest increase in gasoline consumption in this country since 2006. So while there might be more flex fuel be vehicles out there, ele