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On. Joe 20 out of 30 dow stocks falling. If you look at the s p, energy is the culprit. Consumer discretionary in the green today. Amanda Commodity Prices across the board suffering today. Oil falling below its 100 a moving average for the First Time Since april and that really did take the Energy Sectors down. Torlet are we moving on bonds . Amanda i think im going to start with the stock of the day and that is yahoo monday one of the most leaked transactions we have seen. A 4. 58 ilion dollar transaction. The question Going Forward for yahoo is this simply an arbitrage play and does it settle in and stay here . We were looking at the market value of this company once you strip out some pretty big assets, including its stake and alibaba and its market cap is aro ....
Close of trading. Lets head to the market desk with julie hyman. How are we looking . Less little change, even than when we talked an hour ago. Very slightly to the upside but the dow is getting four point. The s p up 1. 5 and the nasdaq up 11 or. 2 . It is indeed going to be the 18th straight session. That is oil, oil prices marching. Teadily higher today of 3. 5 a couple of things are going on here. The ideanventory that we have now seen a huge slump in oil. Despite todays gain. As you might expect, stocks little changed, a mixed picture, a lot of red and green. Followed by financials. On the downside, a lot of groups falling today. Care, of course, still earnings season. A lot to talk about within the financials. It part of this story, the Company Earnings beating estimates. Time warner, same situation even though the film studio revenue fell and saw gains in its other businesses and humana. Out with numbers that beat estimat ....
Slightly. I always thought the yellen fed had a way of not making waves in the market. Despite the fact that apple had a giant leap. Oday that is one stock to keep an i on. Falling bank is concerns about whether the turnaround will deliver. They are still weathering cost but can they, generate enough income from their Investment Banking business to turn the ship around. Board. Lower across the they have whipsawed a little bit in the immediate aftermath. The grind lower continues. The yen is selling off. Everyones looking ahead to big centralbank meeting friday. The boj is up next. , the economy grew faster than expected before the brexit made an impact on the real economy. Economists are looking for gdp to fall this quarter and next. Lets talk about oil. Joe its starting to tumble. It was below 42 at one point today. ,t has been trailing off inventory piling up. That seems to be the story. They moved in the same direction. The ....