Some breaking news from the iea, the surplus in Global Oil Markets will last for longer than deviously thought. Supplygrowth slumps and proves resilience so says the International Energy agency. World Oil Stockpiles will continue to accumulate next year. Consumption growth slumped to a twoyear low as demand faltered in china and india while record members is opec gulf compounding the glut which last month the agency saw the market returning to equilibrium this year. That is the price of brent crude. That is the one week price. Were expecting key data tomorrow which could show supplies continue to increase. The iea changing its view on the oversupply persisting into 2017. I want to tell you what is happening in the markets, a rebound in stocks from a threeday losing streak. By. 25 . 600 is up we are awaiting the u. K. Inflation data in 28 minutes time. It should show inflation continuing to rise because of a weak pound, oil factors. The 10 year yields down by three basis points today. Y
Welcome to power lunch. Im melissa lee. Less than three hours left in the trading day. Stocks are near session highs. What happened to the fry selloff . We have the nasdaq up a full percentage point. Strength in technology, and in particular in technology, take a look at shares of apple seeing the best day since july 27th, higher by 1. 6 now. Heres what else is happening at this hour. Hillary clintons doctor says shes being treated for pneumonia. This after she had to be held up and helped into a van while leaving that 9 11 Memorial Service early over the weekend. Donald trump responding right here on cnbc. Listen. I hope she gets well and i hope she gets well soon. But, you know, it was quite sad to be honest with you and i hope she gets well soon. No satisfaction, believe me, whatsoever. Also today, in business, a big agricultural deal, potash teaming up with agrium to create the Worlds Largest fertilizer company. Hp, hewlettpackard getting big near printers, buying samsungs printer
The week the oil price. The Energy Sector solidly in the green for the year. Is there still an opportunity here . Well talk about that coming up. Plus, a little bit later an exclusive interview with frontrunner Hillary Clinton. Well get her reaction to last nights republican president ial debate and latest developments in the controversy over her personal email server and her positions on trade and the economy. Thats coming up in a little bit. Marco rubio claiming Donald Trumps companies have hurt Small Businesses weve got to two Small Business owners debating whether trump would be good for bad for their companies. That and a lot more. Lets start with the nittygritty of this mornings jobs report. Who better too do that than our men on the job, steve liesman. I dont know, maybe the market is following what im seeing from economists right now and theyve got a little bit more hawkish about the job report than they were earlier this morning in first round of commentary i read. If the data
Move, move tourists scramble as a whale watching boat heads right for the pier. [ honking ] no serious injuries, but a lot of frayed nerves, and the coast guards now looking into why it happened, today, friday, april 1st, 2016. Announcer from nbc news, this is today with matt lauer and savannah guthrie, live from studio 1a in rockefeller plaza. And good morning, everybody. Great spring day. Welcome to friday. Willies in for matt this morning. Busy day. Weve got weather, politics, and part two of our continuing series get to know your today show anchors. Yesterday we gave you savannahs email address. Today, date of birth, Social Security and atm p. I. N. Code. If youre wondering where matt is, hes in the penalty box for giving out my email on live tv. Well have all that, but first, our top story. Powerful storms spawning tornadoes across the south for a second straight day. We want to get right to nbcs steve patterson. Hes in mississippi this morning where one of those two tornadoes tou
Tourists scramble as a whale watching boat heads for the pier. No serious injuries, but a lot of frayed nerves. The coast guard is looking into why it happened. Today, friday, april 1st, 2016. Announcer from nbc news, this is today with matt lauer and savannah guthrie, live from studio 1a in rockefeller plaza. Good morning, everybody. Welcome to friday. Willie is in for matt this morning. Busy day. We have weather, politics and part two of our series, get to know your today show anchors. Yesterday, we gave you savannahs email address. Today, Social Security and address. Matt is in the penalty box. First, lets get to the top story. Tornadoes for a second straight day. We want to get to steve patterson, in mississippi this morning, where one of the two tornadoes touched down. Steve, good morning. Good morning, willie and savannah. Welcome to columbus, mississippi. This is the epicenter where one of the tornadoes touched down. Power lines strewn everywhere. Trees toppled over, revealing r