Julie it was triggered after we got Economic Data out of china. We saw it spread around the globe. Commodities got on board as well. All of that contributes. You will see what im talking about. Its bumping along your the bottom. Its not as low as we were when the s p fell 1 . We have seen something of a tracking of oil prices. Nonetheless, directionally both of them are taking a step lower at the same time. Oil prices are up 3 . There was an attempt at a rally in oil, but it could not be sustained. Energy shares are the worst performers, down 3 . Some of the recent winners. Those of the losing losers again. They helped lead a recent rally and now they are gone again. Financials are competing. Alix you have a draw into the treasury market. Everywhere. Here and look at the 10 year note in the united states. We see the yield go down to 1. 82 . The 30 year is interesting to look at if you look around the globe. Investors want safety right now. That has been happening all your long. The que
Temperatures in the lower 20s with a few areas in the teens look for a mostly sunny day with a few clouds by midafternoon highs upper 40s. Due to a few more clouds and winds turning to the southwest, not as cold tonight, lows middle 30s. Increasing clouds thursday, much warmer, high in the upper 50s. More clouds for friday with periods of rain likely, warmer with highs in the lowers 60s. Saturday now looks a little wet and sunday drier, this is a change from yesterday. Moved up the timing of the weekend rain system. Highs upper 60s over the weekend. Rain chance 60 both friday and saturday. Sunday returns to partly cloudy skies, highs near 60 teens look for a mostly sunny day with a few clouds by due to a few more clouds and winds turning to the southwest, not as cold tonight, bill to president obama to repeal the Affordable Care act and defund planned parenthood. Symbolic vote the house voted 240181 obama made clear that he intends to veto the measure no gop alternative to obamacarewhe
Welcome to Market Makers i am Stephanie Ruhle. I am matt miller come in for Erik Schatzker today, again today. I will just criminally take this seat. Just permanently take this seat. Erik, are you watching . The top business stories we are offering you this morning. The ecb is ready to jump in if the euroarea economy needs more stimulus. Saysresident mario draghi that the Bank Governing Council is unanimous on that score. Must pushat europe ahead on Structural Reforms to the economy. Earlier, the ecb raise expectations of higher incomes, and encourage firms to increase investment today and bring forward to the economic recovery. Earlier, the ecb kept Interest Rates at record lows. Here is one for matt shares of tesla are rising today. Therefore busting forecasting robust growth for the next three years. Here is elon musk. Yearoveryear, as far into the future as we can project, that is quite a big percentage growth for manufacturing. We would like to grow faster. Have one factory. K say
Of ways that it can have an impact, both on the hiring and employee side, as well as on the owner side. On the hiring side, setting standards for hiring contracts with vendors can set a high bar for companies that are receiving the Public Airways to live up to those sorts of standards on the structure that can impact the ownership side. Perverting competition. He surely set off structures that allow for small women and minor minor owned businesses to create compete in the auctions. You may not have all the ideas but we are interested in finding out what other ideas can be brought forward and celebrate the chamber recently reinstating the Advisory Committee on diversity and digital empowerment. Those are the sorts of things we love to see at the fcc where stakeholders can come together and come up with other tactics to promote diversity. Thank you chairman, my time is up. , we hear from senator blackburn. Thank you mr. Chairman. I want to thank our witnesses for being here to talk about
Its. American Insurance Companies regulation it is historic and it ensures local markets and needs are taken into consideration. The naic coordinates state commissioners to identify risks. Congress created the federal sherbet two promote national coordination. I am pleased to have the mariner maryland commissioner on behalf of on the naic and darrell sykes if we are going to keep hard earned money safe, blockade specializing in Life Insurance and owned by the private equity firm. Overnight, Lockheed Martin employed retirees and notified their pensions would be managed by a fee. Many employees are very nervous about that. One example of private equity giants expansion into peoples pension. We note workers and up worse off when wall street private equity firms get involved. We have seen it over and over. I asked naic and f ill look into private equities and expansion into similar pension risk. We need to understand the risks to workers. Naic and f i provided letters. Fio has done similar