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Julie you see all three major tool, the quote, and play to influence oil prices. Using it for 35 averages are little changed after falling as much as half a percent. Years. So that is one strike against them. They will say that they are if you look at the s p 500, it unified in the believe that the is just shy of 2100. That has been a tough level for market is ok taking care of itself with oil prices racing. The s p. Oil prices rising. 2100 is sort of the upward bound have been bickering about of what we have seen from the who will be the index. Secretarygeneral for the past it has had trouble staying above that level for any extended four years. The current secretarygeneral, his term is mandated expired period of time. Many, many years ago and he wants to retire. They finally chose a new secretarygeneral. Health care shares are on the rise. So some say at least they can you is still energy in the decide something. Losing spot here. So they can kick the can down the road in reinstating ....
Of banker andrew casperson, he appeared to have it all. Now he is accused of a 25 million fraud. How his employers and clients missed the warning signs. What a story that is but lets head to the market desk with julie hyman. We will take a look at the latest numbers. Julie Consumer Confidence for march is rising. This is the confidence number. The 94 which above was the earlier revision. Read and it doesnt tend to move the markets march but it adds to the general picture of the u. S. Economy. If you take a look at what stocks are doing today, as people await janet yellen speaking, lets take a look and we are seeing a pullback but not much. The nasdaq is lower as we go into the meeting. I want to take a look at other meetings to see what they are anticipating janet yellen saying. Remember in the most recent statement that janet yellen set a dovish tone that since then, we have heard from other fed officials, who appear to be m ....
Also, we have had a strong run of gains for the major averages. Five straight weeks of gains. So now we are sort of hovering. There is a positive momentum as the s p and dow gained slightly. The nasdaq down very slightly. If you look at the s p 500 over the past week, it is not just today that we have seen this. There has not been that much of a change. Down about 10 about 7 10 of a percent. Even take a look at volume again today. If you look at the bloomberg, volume versus the 20 day average for all of the groups in the s p 500. All of these bars are down particularly energy. More than 40 drop in volume. Utilities, financials and health care seeing a 40 drop worse is the 20 day average. It is across the board. It is not it does not just feel like, it is lower than typical trading activity. Alyx is there a flight to safety in this Light Trading day or light across the board . Julie there is. You would think with little activity in ....
The same. France bucking the trend, up about 0. 3. The tenyear note, a gauge of risk sentiment across the markets. The yield falling. Wti crude, almost down 3 today. The latest s p caseshiller home price report has been released. Prices nationally up 5. 4 in january from a year earlier. Our road map starts today with apple. The fbi dropping its case reported it was able to break into the San Bernardino gunmans phone. We talk to apple experts about what this means for Online Security, apple customers and laws going forward. And fed anticipation day. John williams urging the central bank to stay on track with rate hikes. Janet yellen speaks this afternoon. How hawkish will she be . And reports out that jetblue and alaska air planning to bid on Virgin American. The hijacker of an egyptairplane has been arrested and taken i ....