It is up 25 , but still well below 15 a barrel on a supply glut in the u. S. And around the world. And as Congress Passes that 480 billion relief package to keep the Paycheck Protection Program running, td bank has promised some 26,000 Small Business loans. The ceo is going to join us in a few moments and tell us how he did it kelly, over to you all right, tyler, thanks. Todays rebound is led by tech stocks again they were under pressure yesterday. Lets get to bob pisani for more on the rally bob . And like i said, the last hour, threetoone advancingtodeclining stocks, thats a nice move up. But this is really in a sense tech and even mega cap rally the five biggest stocks on the s p 500, huge gains here facebook is up 7 . Google is up 4 . Microsoft, apple, amazon look at these moves up the other bigger five, berkshire, walmart, only one, Procter Gamble were down when you get nine of the top ten moving up, the s p is going to move, even if the other ones dont do much at all this is a me
Slowing economy. Joining us for the hour, stephanie link great to have you. What do you make of this market right now . I have fatigue over trade i really do. Its impossible every day it changes. So im trying to ignore it and focus on fundamentals. Today i thought we got some good data on the economy. The philly fed better than expected vince were better than expected meaning he they went own maybe were bottoming. Lets see the flash pmis tomorrow existing home sales up 5 yearoveryear good consumer, lets talk retail earnings have been very good Minus Department stores and some one office. I think that bodes very well for the consumer fatigue over trade but excitement over m and a. Very much so. Im still excited by trade. Im more excited about bristolmyers closed earlier than expected. Thats a great story for 2020. So theres a lot underneath the surface to this market of whats going on and thats what im trying to focus on versus trade. Lets get straight to that big story, the potential c
Returning money back to investors. Whats behind it and what it means for the Hedge Fund World the Investment Committee is ready to go. Halftime report starts right now. Good to have you with us. Our Investment Committee in front of you right there, joe terra nova and pete that jdiana becky quick reporting it could come as early as today, 5trillion did assets under management best day since 08 Charles Schwab for its best day since november of 2011 a lot to talk about here. The potential synergies are all about costs. If you think about it, Td Ameritrade has been this serial acquirer over the last couple of years and have been able to with scott trade have cost synergies and in terms of reduction of 60 to 70 i dont think youll have that type of Cost Reduction here with Charles Schwab i think it will be somewhere around 40 to 50 in terms of cost synergies but a strong dea for them specifically. Obviously very negative for etrade. I had talked about a couple of weeks back that etrade poten
Facili a frightening ordeal. The news4s iteam scott flack flynn joins us now with next. Conclusive the man is actually from new york and hes actually a ma reas. Navy investigators say he made threats by phone a email and yardook targeting the navy and an official there who handles the navy and u. S. Marine legal complaints. Ts is the ar15 the feds say they took from anthonyeid who they suspect was alsoil ing a device to enhance the weapons capability. Hes charged with making threat he madethreats against an official with the u. S. Navy jag office at the navy yard, an official he had been contacting in the appeal of a prior assault case. They say he yelled and cursed at ye official by phone saying im coming after and then by email they ay hewrote do you like being able to live and i will eliminate you all from my life, and the on his Facebook Page they say reed wrote said im going to hurt people and madeto reference a kill list. Four days later saying none of my threats are true. Defend
Man on the run from police. The victims car broke apart by the collision. The victim pronounced dead at the scene, the park w with northbound lanes shut down for about five hours. This is the spot. Theot of that terrible crash on the bw parkway. Now over there is the entrance to the beltways inner loop. Back herehe crash site itself, the point of impact, and hereda toy car glass and first aid capplies scattered all about. Iv thhe wasec injsuuredsprt din t recovering in the hospital. Now this all began last night at quarles street and kenworth avenue in northeast. Police say the suspect went into a k9 vehicle and then police started what they called a follow after the suspect car. Its unclear as to whether or not that followed contribut to the fatal crash. Now police have strict rules about pursuits and chases. Generally it has to involve life or death situations. What happened here lst night, thats being investigated by internal affairs. Reen, back toyou. All right. Pat collins reporti