Across the board with the exception of the italian ftse. A quick look at wti crude right now, wti if youre buying it buy the barrel, you can do it for 48. 91. Hurricane irma one of the most powerful atlantic storms in a century. Its churning its way across the caribbean towards florida. Kalee dionne joins us live from cnbc headquarters. Whats the path . Reporter the path is westnorthwest at this point the question still lies when will it turn to the north . Thats something well be watching throughout the day. The latest update from the National Hurricane center, it maintained its 185mileperhour winds. Its just to the eastsoutheast of st. Marteen, and conditions are deteriorating there. This will continue to move at 16 Miles Per Hour that pressure continues to drop. As that pressure drops, the winds will maintain that speed or continue to increase. Everyone is wanting to know where is the track i dont want a lot of people to focus on where it will go as it moves closer to the u. S. At t
Im Brian Sullivan believe it or not, oil is helping you and your money today. Crude trying to claw back to 50 bucks an hour pushing exxon and chevron higher leading to gain for the dow up 70 points other stocks to watch today, sarepta. And trivago investors losing 20 perce20 of money heres what else is happening at this hour the house getting more than enough votes to provide Hurricane Harvey relief. It now goes to the senate for a vote the fed number two stan fisher stepping down in october for personal reasons his term as vice chair was set to expire next but now he has President Trump an opportunity to reshape the central bank sooner than expected and President Trump heading to North Carolina to make a pitch for tax reform we begin whith whats being called the atlantics host powerful hurricane ever. On track now to head to florida in the coming days we go live to ft. Lauderdale for the latest on preparations but we begin with our guest wmaq meteorologist here at cnbc headquarters wh
Historically unkind to investors. Joe, as you know, a lot of people are off sides heading into today. Look at that smile hon my face look at that mile. Fits right into our narrative though this is not what a lot of investors expected. These three gentlemen are trying to make me feel better about my losses. Im telling you how it is. Oh, believe me. When i open up my account tomorrow, im going to see how much less it really is, yeah i mean, listen, trying to be active in the market, hedge out some of the risk obviously i took a very bad position in qqq puts thats an awful position to have this morning you take your loss, you move on, you add mitt your loss not the first time, not the last horrible position, but i do think thematically as i shared with you before, i think the events of both the Hurricane Harvey tragedy and now what were seeing with the florida. Irma. Yeah, irma, what were witnessing there is how does the Federal Reserve have any accuracy in the Economic Data where they wi
Shooting was stopped on the 32nd floor of the Mandalay Bay Hotel. That suspect was confronted by police and is now dead rumors of other shooters are false. The only explosive device was used by police to go after the suspect who has been taken down. They identify the suspect and did not release his name yet theyre looking for his roommate, a woman named mary lou danly. In the meantime, lets get a check on the markets up again this morning i was talking with wolf earlier about the trump trade. The dollar, the yield today sharply higher up 31 points. Yield curve is widening a bit, too. Steamening, yeah. You saw 14 so far for the year for the dow. 14 . Remember mid to high mid single digit return is what people have been saying. Better than the nasdaq closing at record levels on friday. Good quarter. Got a quarter left october, november, december. Maybe we still do only get 7 but we have to be down the and the trump trade is back on i guess the introduction of weve got an idea what the ta
Gain today, you will be seeing the longest winning streak in more than four years because of the numbers of gains weve seen. The s p 500 and nasdaq gained for the last seven sessions in a row. The dow up for six this is the third month in a row that the dow put together a lengthy winning streak another day of new gains, another day of record closes it hasnt been a year since the election has not 24 those are numbers that have always im pining for the mid 90s. Longing for the days. 35 three straight years. Never happen again probably. People say never say never people in ray seal estate say please let there another boon. We have been told for years, 6 , 7 , thats all you get longterm average, 6 , 7 . It will regress, revert to the mean 6 , 7 is all you get. 24 . Things always look best before its been a run a really good run. We saw one of the reasons yesterday was you heard liesman with our survey. The highest level for optimism ever it helps to unshackle American Business it just does