To mention it because were definitely seeing a reaction in the stock. Fresh market now surging. The shares now up by 22 . Kroger in the meantime is also moving. We saw its shares take a bit of leg down. N about 8 . did the clients we continue to see across the board, once again, Global Growth worries. Ack of confidence that the Central Banks will be able to alleviate the pressure we have seen. Yellen doing nothing to alleviate the pressure. Gas lower at the open, had been bumping along the bottom ever since. Arecan see what stocks moving the most in that average and what is weighing the most. The single biggest drag here is boeing knocking 71 points off the dow today. The Securities Exchange commission is investigating the way that boeing was doing accounting for a couple of its airplanes. All of this helping to increase volatility. Not just for boeing, but across the board. David how does this affect bonds . Julie we are seeing people by bonds. The movement has been pretty remarkable.
Both of which have done better than the underlying metal. We are an hour from the close of trading today and the month of february. Lets head to the markets desk were julie hyman have the latest as stocks turn around and come down. Julie they have indeed turned and fairly substantially lower. All major averages are losing about as much as they were getting out of the gate this morning. They continue to fall on lower than average volume. Turner, we saw stocks higher as oil turned more substantially higher. It does not seem as though they are tracking with each other. So thehave turned lower correlation is not in effect at the moment. Oil is having a strong month for the month of february. Dot as we have seen stocks the same. Oil is up a half percent and it looks like it will end up outpacing what we have seen for the stock market. Matt it is not really the commodity focused today. No, you could argue gold has been a more interesting story, a breaking of the longer term trend. We can deb
And twitter scoring a major streaming deal with the nfl for thursday night games but julia reports the nfl did not sell to the highest bidder. Perhaps it has something to do with twitters cfo formerly being the cfo of the nfl. Well see. Well have the details coming up. Tonight a crucial primary in wisconsin as you know where front runners donald trump and Hillary Clinton could see big losses. Which candidate could have the most positive impact on business, we have john paul joining us to talk about that among many things with john paul. Were looking forward to that conversation here. You wont want to miss this conversation, a former bailout czar now taking aim at the big banks. Im the guy who bailed out the banks. Remember that . The 700 billion t. A. R. P. Program. I was the person put in charge of that program. We remember, Neel Kashkari, why he making a public push on too big to fail banks. He only took over the minneapolis fed january 1 stt and already making waves in the month of
The sessionk at highs. S p 500 of by nearly 1 . Dow up by. 8 . Nasdaq by. 7 . We are digesting the news on betterthanexpected u. S. Consumer sentiment. As well as the expected surprise drawdown in the u. S. Oil inventories on the order of about 5. 9 Million Barrels last week. With all of this, lets look at the s p year to date. Take a look at this. S puld like to have the year to date, if you can possibly get that up. Up 1 on the intraday. I want to bring the year to date because we are. 1 away from flipping into the green. It will be four years in a row of gains. 1 away from the positive december. If we do see that maybe we will see this rally. Dox so much of that had to with the surprise drawdown in u. S. Oil inventories. We have seen oil and stocks someone moved together, Energy Stocks taking off. Ramy definitely in tandem. Lets look at the nymex crude. The biggest jump in the past two days. 30 day of gains in a row. Up by 3. 7 . We saw the highest spike earlier when the number came
Percent or 29 points. Thats where we stand right now on this monday. Well, despite disneys new star wars movie absolutely crushing it over the weekend, crushing all box office records, in fact, the stock keeps on falling. Its down another 1 today. So youre looking at trading since friday, if we can bring up that board as well. There we go. Down from the 112 range to the 106 and change range as we see today. And, mandy, the driver here has been the btig media analyst rich greenfields two cnbc interviews in two days. Watch this. Disneys earnings expectations for fiscal 17 and 18 are simply too high. Were 5 below the street for 2017. 8 below the street for 2018. Bob eyeinger is not being truthful about the ability for espn to go direct. Do you think more than half the households in the u. S. Would say i have to have this. Youre saying hes straight up lying . Were saying hes not being honest with investors. All right. There you have it. Lets bring in martin pyykkonen, Senior Research analy