Start of the trading day. How are things now . S por the dow and the mostly unchanged. What is catching my eye is the nasdaq. A few things pushing the nasdaq higher. We have apple coming out september 12. Screens. Oled on a smaller version, we have some other biofarma appears peers. The transportation index outperforming the dow industrial. Let me touch on transportation. We will dig a little bit into that. We can see the s p index higher. Bonnie mentioned products in Corpus Christi and houston being shut down. Or haves our new mode of transportation would be in tracking. Airlines are getting canceled in houston, texas, and the surrounding area. Sticking with harvey, i want to look at gasoline over the last five days. This highlights a big jump. Today up 3. 4 . That is translating into higher prices at the pump. I mentioned the nasdaq and the biotech. My favorite this morning was gileads takeover. You are seeing some other Small Pharmaceutical Companies trading in sympathy a little bit
More, but we are about 30 minutes into the trading day. Abigail doolittle is here, with a mixed direction for the session so far. Certainly the dow in the s p 500, fractionally lower, the s p 500 fractionally higher, but the nasdaq being helped by technology and not seeing the drag from energy the other indexes are seeing more so. Lets take a look at that. Oil on the day along with a few energy movers. 1 ,is down about 1 , almost down for a third day in a row. This reflect Hurricane Harvey, and in the wake of the storm that many of the refineries in texas have inkind. There is less demand for crude. That is weighing on the price turn weighing on some of the other names. This is an interesting dynamic to take a look at. Lets look at it in the bloomberg. Refineryhe total amount of oil processed by refineries in the u. S. , and we see through august 18, we see that about 4 Million Barrels per day are coming off line from these refineries being shot, so this processing is coming right down
Before we get to leave for our threeday weekend, but some people are already gone already. We are seeing a drop in the averages. This is the tightest we have seen at least this year. s focus on once esther one sector where we are seeing considerable movements, and that is retail earnings. Deckers have been estimates. There are still continues to be some speculation about the company. Ceo duffy writing in a note saying that these forecast results could enhance caleres, owner of Famous Footwear being at beating numbers in estimates of its top and bottom lines as well. These estimates beating numbers uso include also beauty ta beauty and costco, up , the 5 , and big lots companys earnings per share coming in ahead of what analysts has been anticipating. What about the bad . Gamestop, that company predicting that the growth that we have seen from the nintendo switch, which asked by also benefited from yesterday, it will be difficult to predict and maybe not as consistent. Abercrombie and f
Before we get to leave for our threeday weekend, but some people are already gone already. We are seeing a drop in the averages. This is the tightest we have seen at least this year. s focus on once esther one sector where we are seeing considerable movements, and that is retail earnings. Deckers have been estimates. There are still continues to be some speculation about the company. Ceo duffy writing in a note saying that these forecast results could enhance caleres, owner of Famous Footwear being at beating numbers in estimates of its top and bottom lines as well. These estimates beating numbers uso include also beauty ta beauty and costco, up , the 5 , and big lots companys earnings per share coming in ahead of what analysts has been anticipating. What about the bad . Gamestop, that company predicting that the growth that we have seen from the nintendo switch, which asked by also benefited from yesterday, it will be difficult to predict and maybe not as consistent. Abercrombie and f
Before we get to leave for our threeday weekend, but some people are already gone already. We are seeing a drop in the averages. This is the tightest we have seen at least this year. s focus on once esther one sector where we are seeing considerable movements, and that is retail earnings. Deckers have been estimates. There are still continues to be some speculation about the company. Ceo duffy writing in a note saying that these forecast results could enhance caleres, owner of Famous Footwear being at beating numbers in estimates of its top and bottom lines as well. These estimates beating numbers uso include also beauty ta beauty and costco, up , the 5 , and big lots companys earnings per share coming in ahead of what analysts has been anticipating. What about the bad . Gamestop, that company predicting that the growth that we have seen from the nintendo switch, which asked by also benefited from yesterday, it will be difficult to predict and maybe not as consistent. Abercrombie and f