Holding onto those gains. The s p 500 up. The nasdaq is up 2. 4 . The dow is up 1. 8 . Chipotle is at the top but like many other companies it beat estimates. The dollar continues to strengthen. Standing by with a deeper dive into the action we have taylor riggs. Taylor you mentioned crude on your board and i wanted to start with oil prices. They were up 20 or so after six days of losses. Theyre trying to rebound but still down where the 50 . It is unbelievable the price action. U. S. Oil inventories have risen for a 13th straight week but there is potential positive news. Yesterday, they were shortselling on a stock and if it plunges more than 10 that would apply to the largest etf. Some of the reasons we are seeing some stability. We need to talk about the largest oil etf. It is tracking crude prices pretty closely on a yeartodate basis. We know that yesterday there was a premium to the shares given that they ran out of what to sell investors. Theyre trying to take advantage of low o
Of an ecd press report. Our road map this morning starting with apple, cratering on its biggest decline yesterday on four years, closing just pennies off the lows of the session. The stock continues lower premarket as investors watch the death cross watch. A cnbc exclusive, tim geithner says over the cliff is a must. Bank of england and ecb keeps rates unchanged. Europe continues to hang in there economically. And nat gas gets a boost. The government finds exporting it is better than keeping it here at home. Apple as we mentioned in the spotlight today, shares of the tech giant coming off their worst day in four years, sliding back into bear market territory. The one day loss erased nearly 35 billion in market cap. That chunk is bigger than 400 other s p 500 companies. Apple ceo tim cook talked to Nbcs Brian Williams in our rock center exclusive. Why cant you be a made in America Company . You know, this i found, as a matter of fact, the engine in here is made in america. And not only
/PRNewswire/ Cinctive Capital Management ("Cinctive"), a multi-manager alternative investment firm focused on long/short equities, has announced the hiring.
By Svea Herbst-Bayliss BOSTON (Reuters) - Hedge fund Cinctive Capital Management is expanding beyond its bread-and-butter stock trading and has hired .