Conco Phillips News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Conco phillips. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Conco Phillips Today - Breaking & Trending Today
Out. A little bit of brinksmanship, or brinkmanship, i should say, as joe corrected me. Less is more there are a couple more brinks, a couple senators youve got to wonder about. Okay, then. What happens with Susan Collins, what happens with lee from utah, who said hes undecided lee who mike lee . Oh, mike lee. Who wanted got two first names its confusing i dont trust people with two first names. Do you yes, generally. You do . Yeah. I think its confusing. Well youve got three, youre fine. Ive got three, three names some people say andrew ross, two first names, even though no, im talking about when your last name is a first name. Chris christie . Theres a lot of them, bill george, ted david. I just made that one up. I dont really think there is a person by that name. All right, lets look at what else has been happening in the markets. The tenyear note, one weve been paying attention to, too. Earlier this week you saw the tenyear pus ....
Slide. The hang seng was up by 3 4 of a percentage point shanghai stocks closed down by 1 3 of a percentage point in japan, the nikkei higher once again. Another 100 points gain of half a percentage point. Trading at 21,255. In europe there is early trading taking place there are modest advances. It looks like the dax is the biggest gainer well continue to keep an eye on that. Were watching a developing story in the oil market. Crude and brent, they are moving higher on news that iraqi troops have seized parts of oil rich kurdistan. Theyre moving into parts of the city of kirkuk the u. S. Has supplied and trained Iraqi Federal forces and Kurdish Forces both have been fighting the Islamist State Group they are to if he cuss on the war with isis. One is missing, another five missing. Theyre trying to get to they were ....
Were talking about big pharma, one is showing signs of a breakout. Well give you the name. The action begins right now. Love the music. Lets get right to it. Despite a new record for the s p 500 today, bonds treasuries also continue to rally. U. S. 10year yield fell back below 1. 5 this week. Great for realtors but how long can bonds and stocks rally together. Lets get in the money and find out. Mike . Take a look at this. You get the gdp data we just got and thats got to reassure any bond bulls out there that we wont get a rate increase any time soon and you have to assume any buyer of Financial Assets is hoping against all hope that anything cuts off the nice money flowing into the markets. I think they got what they wanted. Whats interesting to me, equities i think could have done a little better today on the heels of big earnings numbers we got and discounts of future rate increase. Thats probably more a function of a fact i ....
Well begin with the markets. Stocks are higher after three days of losses. Take a look, though, at the price of crude. That is where the big story remains today. Oil hitting its lowest level in six years earlier, and that is just fine for our first guest, who is buying some of the stocks most impacted by the commodities rush. Welcome. Swron than, good to see you. Pleasure to be here. We didnt accumulate areas on weakness. The other stocks that are more commodity proxies, thing like Conco Phillips and eog that are more like to move up on a bounce. I got conco cutting their cap x. Chevron cutting its budget. Dividends in question perhaps. Some people wonder whatting weve seen in certain areas of the energy patch are going to come to big oil. Theyre going to be forced to cut their dividends. Youre not worried with that at all . What we see is opportunity. Clearly the pros currents was what creates the opportunity. Were all in this lo ....
Rally . The market really is our only story today. We start as we often do with sue herrera. Hi sue. Hi ty. Another extremely volatile day on the street. Stocks deepen the red. We touched down 300 points a few moments ago. If you take a look at from yesterday, the dow is now down more than 550 points since tuesdays session high. Lets check everything, and all the numbers for you at this point. The Dow Jones Industrial average off 265 points. The transportation average is also sharply lower on the trading session. Transports are down 113. The yield on the tenyear note well below 2 right now at 1. 804 . The 30year auction, were going to get those results in just a few moments. Lets run through two sectors that are really hurting today. Big energy. You can see deep in the red on a percentage basis. Exxonmobil chevron, Conco Phillips all to the down side. The financials als ....