Session highs it was up 163. Of course, plenty of attention on crude oil rising after that china rate cut. Bob, a different pood today . Yes. We have a rally, but not an enthusiastic rally. It was 51 at the open. We should have gone better. The volume is only moderate. It drifted lower. The buyers are not enthusiastic. Im not seeing people go after stocks beaten up. S p 500 has been sideways except for a dip in the middle of the day. Up roughly 300. A few sectorspecific movements. Home builders have been weak. Toll had a report where earnings missed expectations. Growth is slower than expected. Elsewhere its the enthusiasm or lack thereof im interested. Freeportmcmoran is now down. We should have been doing better. Some big multiindustry companies. Textron, united technology. 3m. Down right now. We should have seen this up on bigger volume if you had enthusiastic bounce back. Were fine. Weve got a bounce back. I dont see a lot of buyers coming after the market right now. If that contin
Reporter tonight and not of. The header drumroll. Last years earthquake lasted 26 seconds the current memory did that with 26 seconds drumroll and a variety of speakers including the mayor here in annapolis as this by all the devastation and the losses. The big thing to take away here is online of all this the community really did come together people they help each other out something that this may not happen otherwise. It has been awesome a. Route in the neighborhood were the hardest hit the. And the entire neighborhood and community totally bonded together. Cooking meals for each other it was awesome. Anything to make it easier to help each other out. Teams from my office, and help me. It took. Reporter live now this event here continues until 6 00 tonight in, if you come down and hear some music is very nice out this evening. It will keep plan for other ourself. Continue pam coverage now downtown at the postage was severely damaged the. Frank quinn building on Second Street was qui
Thank you. Earlier i spoke with a financial expert and asked him a question on everyones mind. I know i havent looked at my 401 k [ talking at the same time ] leave it alone. Give it a month. Is that your advice it people . Just dont look at it, ride out the storm . Yes, because if you look at any market, everything always sales to the right with Global Markets and so with our clients we do tell them not to look at it. The only caveat is people often times want to do something and this is writhey get in this is where they get in trouble, they get out of their portfolio because people never get out at the right time or out at the right time. Investors buy at the highs and sells that lows. It is well documented. In a case like this when someone says i lost a lot of money, i need sell, that is worse thing they could do. Absolutely. Nasdaq has seen big losses. It lost 10 of its value. Apple was the most active today, 152 million shares being traded. Facebook with 78 million shares traded.
Well take you live to the floor of the new york merc. Consumer reports says tesla is the best car it ever tested. Getting a perfect score. Weve got the man behind the review coming up. And the cholesterol drug wars are heating up. Amgen could get approval from the fda within the next hour for its new treatment. We will bring you that news and tell you what it means for the Pharma Company and its rivals. We begin with two stories. One is the traction we are losing on the big board here. The second is crude oil surged for much of the session. Jackie deangelis has that at the nymex. Good afternoon. A huge surge in crude oil prices. More than 10 today in wti. 42. 56 is where we close. We did hilt an intraday high of 42. 75. Monday we closed under that critical 40 mark and today trading near 43. We had a stroonger dollar today but that couldnt hold crude prices down. Traders saying it was momentum in equities helping the crude rebound here. Decline in inventories supportive. Short covering
Broadcast center, this is abc7 news. A Million Dollar home in the east bay that investigators say hid a horrible secret. A couple who lived here is now accused of running a prostitution Human Trafficking ring for nearly 15 years. Good evening and thank you for joining us. Im ama daetz. Im dan ashley. We begin with new details. Police crack open what they call a major high dollar prostitution ring. The leaders investigators claim kidnapped and trafficked women for more than a decade operating out of san ramon and danville. Abc7 News Reporter alan wang is live in front of the home in danville. Alan . Dan and ama, neighbors say the couple moved into this 1. 6 million home in june. The driveway was lined with luxury vehicles and then the fbi descended upon the home and towed most of them away. No one around here knew exactly why until now. We know so many people in the community that it is shocking here. Human trafficking and forced prostitution can happen anywhere, even in the most afflue