In the next three to six months from opecs new secretarygeneral to the potential for more supply disruptions. We will look into the major Market Drivers for crude. In two hours. G stocks are down. Reversing those gains we saw the last couple of days. My right now, we are paring most losses that we saw out of the payroll jobs number that we saw earlier this morning. Lets take a look at the snapshot of where we stand. The nasdaq is down the most,. 7 . The dow,. 3 there. The s p intraday, we can see right out of the gate after the payrolls came out way worse than expected, we saw the big drop in big drops plunge and this plunge at 10 00. We are paring some of that and off the session lows, but still down about. 4 . I want to show you whats been happening in terms of the sectors for the s p in terms of volume. The falls weve been seeing throughout the day have been coming mostly from this blue bar chart. This is the financial sector. 65 in terms of the volume against the 20 day average acc
Stand. The dow is down. About a 10th of a percent. What has been weighing on all of our minds is over in the u. K. , the latest brexit poll coming in 44 stay. 9 undecided. We are off of the session lows. Lets happen to bloomberg. Imap, looks like six of the 10 sectors are trading in positive territory. Health care has been the biggest leader for the day, up when 7 . Telecommunications about. 4 . Energy is lower. The Energy Sector is down about half a percent. Care, it turns out medicare spending did not go past certain targets and so the new Advisory Board was not triggered. Analysts thought that would be triggered. That is why we are seeing a leg up. Ofterms of over the course the day, with the s p intraday chart, we can see we had started up on general positive trajectory until the brexit poll came in. P. M. Marker. 1 up about. 1 . Lets take a look at some other stocks. Not related to brexit, these are the gun brands. I want to point out, smith wesson up 3 . Been 30 houston cuts have
Last week, some of the companies on tap today. Speak of volatility. European bank getting a bounce back. Robert diamond joins us. Hell explain why. Were looking forward to talking to bob about that very important story. Donald trump and Bernie Sanders, as you know are the big winners. We will tell you what the Financial Markets are focusing on politically, as we look ahead now to South Carolina and even down the road to super tuesday, which is soon to be upon us. I heard art cashin earlier saying the market will start focusing on who is leading, more and more focus on whats happening on the campaign trail. Jim grant sis the fed is apparently unshamable, quote, and well discuss that. Love jim grant. Lets start with Janet Yellens comments on capitol hill this morning. You saw it live here on cnbc. Steve liesman was monitoring it word by word. What were the Key Takeaways for you . From the apparently unshamable fed chair to threaded the needle, i would say, between the hawks and the dove
Since november. The catalyst, some pin the it on investors taking a more optimistic view yesterdays moves by the European Central bank to cut rates and expand its stimulus program. Others by contrast say it was a report that helped lift oil to its highest price since december. More on that in a moment. Whichever one you choose it was a good day for stocks. The dow roles 218 points to 17,213. The nasdaq gained 86. The s p 500 rose a big 32. As for the week, the dow and s p added roughly 1 , the nasdaq a little less than that. Oil got that lift today following a report by the International Energy agency which said that prices may have hit a bottom. As a result, domestic crude finished up nearly 2 to 38. 50 a barrel, the highest level since december, a 7 gain for the week. Jackie deangelis tells us what the iea sees. The milliondollar for question for oil, have prices bottomed . The International Energy agency said today its possible. The report citing reduced output in the United States
Since november. The catalyst, some pin the it on investors taking a more optimistic view yesterdays moves by the European Central bank to cut rates and expand its stimulus program. Others by contrast say it was a report that helped lift oil to its highest price since december. More on that in a moment. Whichever one you choose it was a good day for stocks. The dow roles 218 points to 17,213. The nasdaq gained 86. The s p 500 rose a big 32. As for the week, the dow and s p added roughly 1 , the nasdaq a little less than that. Oil got that lift today following a report by the International Energy agency which said that prices may have hit a bottom. As a result, domestic crude finished up nearly 2 to 38. 50 a barrel, the highest level since december, a 7 gain for the week. Jackie deangelis tells us what the iea sees. The milliondollar for question for oil, have prices bottomed . The International Energy agency said today its possible. The report citing reduced output in the United States