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BLOOMBERG Bloomberg Markets September 28, 2016

The major averages at the moment. A near flat line. Weve got oil prices now on the rise, we had that janet yellen testimony, we had durable goods orders this morning. Crosscurrents in the markets today. Lets talk about oil. It pushes higher by 3 . Oil having some wild swings over the past week. Algeria itself proposed a cut in production. They may sign onto something later this year. Look at how this has played out in the various groups in the s p 500 today come energy doing the best today, telecoms doing worse. A downgrade to at t at ubs. Industrials are one of the areas in the green. For augustds orders were unchanged. The estimate was for a decline of 1. 5 . Weve seen the industrials, durable goods orders desk durable goods durable Goods Companies rising today. ,ere watching the drillers almost bringing together durable goods and oil. We are seeing them rise as well. Baker hughes and weatherford international. Another company ....

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