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The associate toed press announcing Associated Press announcing its a done deal, but the former secretary of state waiting on the voters to officially decide. That could be tonight after all the results are in. Hillary clinton could be the first female president ial presumptive nominee in our nations history. Voting underway in six states right now. Our cameras are trained on live pictures of california, montana, new mexico, south dakota. It will, in all likelihood, be california that holds the Golden Ticket for a clinton nomination. An estimated eight million voters expected to cast their votes. The horse race there neck and neck, and Bernie Sanders or is running like the wind thanks, christopher cross, or should we quote tom petty . He wont back down. But that could change if bernie misses that victory in california. ....
Back into positive territory captivated by donald trump. Yes, they were. Just a correlation. Yes, they were. The Energy Sector is leading the comeback outperforming the Broader Market after Oil Prices Rally from losses and settled nearly 35 a barrel and theres the Energy Sector up 1. 3 on the day. Technology and health care, the two minus signs in that tally today. Not all good news in the Energy Sector. Natural gas prices plunging to the lowest levels in 17 years, despite a larger than expected decline in supplies. Coming up, well look at the fallout that could have for the pipeline operators. Plus, republican frontrunner donald trump fighting back against mitt romney. Well have the latest in the war on words a ....
Debate on deck tonight. Europe with minor losses and claims were slightly elevated. Well get ism services in about an hour. Of course, were just a day from jobs friday. Energy pioneer Robert Mcclendon dies in a horrific car crash. This is a day after he had been indicted. Were going to go live to oklahoma. What jay my dimon told cnbc about the lie of hitz bank. Mitt romney is expected today to deliver a harsh set of words on donald trump, describing the frontrunner as a phony and a fraud. First up, though, futures are a little changed as stocks hover and jobless claims rising. Thats a bit higher ahead of the number tomorrow. Jpmorgans jamie dimon joined squawk box earlier this morning and had a pretty upbeat take on the economy. Take a listen. The average economy, more people are working, wages are going up. Theyre spending money, their Balance Sheets in better shape since ....
Welcome. Lets get straight to some of the big market moves. First up, as we said to you in he headlines, jacob does a u turn and so does the rand. He appointed his second finance minister in four days. Bringing him back so what we saw was the rand jump almost 6. 5 . That is the biggest interday gain since october 2008 and his goes back to last week when fitch had downgraded the countrys debt, really having quite a dramatic impact in terms of the rand. Its about commodities and currency as we go into this fed week. This is west texas intermediate, sifpks to the lowest level in seven years, iran pledging more oil for the market. This is the performance over the past month. I can tell you 11 of this decline was implemented last week by the market. There is absolutely no chance that iran will decrease the plan in shipments. Traders, data, this is how we benchmark how negative the traders are there, the most bear issue ever. Ets get the bloomberg first trade. The latest data out of china ho ....
As the republicans look strong and the breaking news on tumbling oil and gas prices. It is going to jam some more cash into your wallet. It is a big day. Varney and company is aaout to begin. Stuart this is the blockbuster news of the day on the markets. It is not stocks. It is khalil and by extension gas prices. You are looking at a three year low for oil. You may ask what is going on. The saudis cut the price of oil just like that. There is a flood of cheap crude heading our way. Now look at gas prices still falling at any gallon a day, regular averages 2. 97, that is a four year low for gas prices. Oil dropping like this means another drug for the price of gasoline. Tell me. Absolutely. This is really exciting. The market is going nuts today. Oil prices last night finally slid under 80 an overnight drop as low as 75. This opens up a new chapter of falling prices. This could offer an National Average in a 2 enumclaw, perhaps e ....