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Positive open to close out what has been a volatile week plus, more phones, please apple reportedly increasing production of iphone 11 models by 10 the shares are rallying. Also capitalism as we know it, is it dead or how much wealth is too much surprising thoughts from marc benioff and Mark Zuckerberg today. 136 is a good number the Unemployment Rate down to 3. 5. Retail loses 11 k. Manufacturing loses 2 k. Government up 22 this is a number which says to me that the fed can still cut because the sector being stagnant is manufacturing. A lot of that is the fact that the dollar is so strong. It is very interesting, they talked about hey, listen, we have tariffs, dont worry, the dollar is strong and the chinese currency is weak, it makes up for it thats something we have to be thinking about we continue to lose because of the currency so that gives the fed reason ability to ....
Treasury market, youll see the ten year right now is yielding all the way up at 1. 829 30year back at 2. 3 so some much higher levels of yields than weve been used to in recent month. Our top story, a series after attacks that took place over the Weekend Energy prices are soaring. Wti crude at 59. 55 brent at 65. 60 Big Questions for the future of the aramco ipo airline prices, all sorts of things Brian Sullivan is covering the huge moves in the oil prices in houston. But we want to start this morning with hadley gamble in riyadh, saudi arabia good morning, hadley. Good morning, guys. We are now over 48 hours from the largest ever terror attack on saudi arabias Oil Production facilities and still very muted response from not just the government itself but aramco were ....
The brits in favor of leaving the European Union. It is indeed high anxiety time all around the world and weve got it all covered for you. Varney company is about to begin. All right. Everybody, first to france. Two Police Officials murdered by a French National with a prior terror conviction, he had ties to jihadis based in pakistan. The details are horrific, real terror, ash. And the 25yearold targeted a police chief and his wife and killed the police chief outside and took the woman and threeyearold child inside the home. At which point he started to live stream on facebook his attack on the woman, torturing her, eventually killing her in front of their threeyearold son and then hes heard to say and wrote this down, i dont know yet what im going to do with him, pointing at the child. Thank god, police managed to at ....
Lets head straight to the markets. Julie hyman has the latest in the markets pushed around by earnings and oil. Effect to lastve weeks is declined. We are seeing a little bit of a recovery or this morning. Not a huge one by any means but the nasdaq is leading the gains up. 4 . The push and pull that that he was talking about is simplified if you look at imap on bloomberg, the groups on the move. For an upmarket, you have significant areas of red, including energy, because oil has been all over the map here we will look at that in a second as well as materials today. Goingying commodities down producers. And you have health care counterbalancing that and then some as we have positive earnings creating a Ripple Effect in the industry. Lets get to oil prices and take a look. A lot including what continues to go on in canada with the fire that was threatening the oil sands, it seems to be a little more under control. We did see oil hir ....
Catherine range has made for her a sop to commute all over traffic in that sense is to moving at a sale in many places all ec was in seventh is alive with the latest on how the rest look. Reporter a lot of people have left the bay area you will not be able to tell because of all this traffic everywhere we are in the middle of rush hour right now its gone even worse and the senate on first street and see behind me traffic is backed up all the way past the Market Street trying to get on the bay bridge going nowhere fast at this point as a stoplight know what is going anywhere they go back this way than just the bay bridge is still pretty backup trying to head to the south bay also stuck in traffic the cars heading west on the bay bridge also in traffic tonight although still quite slow in every direction or hearing every couple minutes across the bay area drivers definitely should slow down the stream has been coming all the long and ....