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Power lunch, im shaken, not stirred. Slightly higher on this eighth anniversary of the bull market, but right now, the dow you cannot get really a smaller gain than that, ladies and gentlemen, s p and nasdaq with modest gains as well. Very close eye, of course, on oil at this hour. Crude hitting new lows for the year. Explore why, adding to yesterdays big losses, wti is blow 49. We are all over it. The guy leading the charge on it, my friend and fellow victor last night in the acc tournament, virginia tech, brian sullivan. Thank you. Yeah, listen, we lost 7 of the price of crude oil in the last two days, so what better place to be still. Theres a new restaurant, ceo of royal dutch shell, a minute away, comments from here, ceo of dow chemical as well, and president of the university of houston. A big lineup over the next couple hours as crude continues to slide you are known as the billion dollar buyer on cnbc. This is one of your restaurants you own of the we spoke about the price of o ....
Markets. Theyre a little under pressure this hour. A bit of a soggy start to the trading week. The dow currently off by 46 points. The nasdaq has gone positive though. Its up just very marginally. The s p is down by two points at 2,053. We also begin with a major meeting at the white house over the crisis in ukraine. Germanys leader Angela Merkel and president obama trying to show a union id front, but the two are at odds over whether to arm ukraine. Chief International Correspondent michelle live at the white house. What do you think the conclusion is likely to be based on what we heard today, michelle . We distanted idle have us stand idle and simply allow the borders of europe to be withdrawn at the government. Lower on the agenda was greece, but certainly of high interest to our audience. We know that there has been pressure behind the scenes from the white ho ....
A percent. Lets get straight to kayla at the apple event in San Francisco. Kayla, tell us what you know. Center for the arts which you see behind me. Also showcasing a picture of empty seats inside the theater with the quote full of anticipation. Of course, thats an understatement as we are awaiting apples first new Product Launch in five years. Since the ipad in 2010. This is apples tenth first generation generation. It helps the player into this luxury market. Unclear which executives beside tim cook we will hear from today. That will be top of mind. Exactly how many details we get, but lest we think this is just about the apple watch. Much of the focus has been about that. Apple observers say we could get an announcement of a new macbook today, and that that could be the reason why the apple store has been done as of this morning. Typically that happens on the day of an app ....
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labor day. moderate weakness. talk about what s leading to that. europe as well some surprising headlines. decent auctions out of italy and spain. some surprising news as well from mario draghi in just a moment. our road map starts off on off the gulf coast where tropical storm isaac has almost reached hurricane status and is expected to make landfall today or tomorrow. the question is where exactly. what s next for gas prices with nearly all oil production in the gulf halted? mario draghi canceling on jackson hole citing a heavy workload over the next couple daus. what that means for the fed conference and whether something important could be brewing at the ecb. tough times for old tech. lexmark laying off 13% of its work force. says it will stop making ink jet printers as the journal says do not trust the turnaround at another pc giant, hewlett-packard. we ll begin with crude oil prices rising back above $96 a barrel as tropical storm isaac has led to refinery shutd ....