U. S. Trading day. Lets check in with julie hyman at the markets desk. This is not the outcome that most people would have expected in terms of the markets. When we saw the news there was no agreement in market. Stocks rising to the highs of the session, particularly the s p and the dow. I just looked at an intraday chart. Here you have the s p 500 and here you have oil prices. We have had some analysts coming that someicipating investors would want to buy the dip today. There is also news that there is an oil strike in kuwait cutting that production by 60 . You can see it is climbing by the highs of the day. The movement in brent is even more remarkable because it briefly turned positive and is only down by a quarter of a percent. Energy is actually the best performing group. It is up more than 1 . Kind of an amazing turn of events as we see most of the groups actually turned green. If you take a look at some of the best performers within energy. You might want to call and selectively
The diplomatic spat between saudi arabia and iran, and the fact that they did not find an agreement. Pullback, widely expected. But you really wonder where they go from here. I do not have a handle on what the next next is for opec. Tom we know who is in charge now certainly when it comes to oil policy, the prince of saudi arabia, and we know that opec a second. Nice bow tie. Francine i wore it tom i wore it for the queen. Francine lets go to the bloomberg first word news. Voted in the congress favor of impeaching recess. Now it is up to the brazilian senate. They say it will be difficult eff to win to rous the vote. The death toll is rising due to the earthquake in ecuador. At least 272 people were killed and at least 500 were injured. Some coastal towns were devastated and many people were trapped in collapsed buildings. In japan, the series of earthquakes that has struck the island since thursday are the nations worst in five years. More than 110,000 have lost their homes. Beth kore
Hello. Welcome to countdown. I am mark barton. And i am anna ed3wards. And i and manus cranny. A key transport hub, the second day of the ceasefire, and we will bring you the latest. Just about 6 00 in london, and lets talk about greece. Euro finance ministers reconvene in brussels, aimed at breaking the gridlock between greece and its creditors. The greek minister said he was confident of a favorable outcome for greece, signs of a willingness to compromise sending greek stocks and bonds higher on friday. And in athens yesterday, an estimated 20,000 people gathered outside the parliament in a show of support for the government. Hans nichols has been monitoring developments over the weekend. Good morning to you. What is the greek strategy going into this . They still want a raging loan, and dont they . They do. They are likely to plead for more time, not necessarily more money. I hesitate to report i am phil in berlin. I will be heading to brussels in a few hours. The market expectation