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We have a couple of 500 champions with logano and bayne up here so we have a nice mix in the front. Vince . Its hard to believe joey logano has been in the cup series for eight years already. Although he got plenty of attention as a much publicized 18yearold, now hes getting plenty of respect in the kbraj as one of the veterans as jeff noted. Already has one daytona 500 trophy, was the championship runner up last season. Mike, you mentioned the loose wheel. Todd gordon told me this week we have to execute in every facet, and thats including dodging the bullet if we have a problem. Weve got to execute and recover and they have done just that from that loose wheel early. They have, indeed, recovered and now theyre battling for another daytona 500 win. Tremendous comeback for logano and team from that loose wheel early. Thats what the best teams do. When you talk about Jimmie Johnson winning eight seven championships with hendrick an ....
Welcome. Up through the ground came a bubbling crude. It made jed clampett rich but today the unrelenting supply of crude oil from saudi arabia and the oil states, russia and the United States is causing nothing but pain in the petroleum world. Today, domestic crude prices cracked 30 a barrel, heading down. That hasnt happened since 2003. Supply and demand are way out of what can. After breaking that level, oil managed to settle just above that psychologically important level of 30 bucks. And the pressure though is mounting. Prices are down 17 since the start of this year. Thats just 11 days ago. Seven trading sessions. Its even uglier for some of the worlds biggest commodity companies. Freeport mcmoran cratering 40 this year. Bill laton down 20 , rio tinto off 18 . Jacquie deangel lis reports on the dramatic day in the oil pits. Reporter volatility continues for the crude oil trade intraday low today 29. 93. Before we managed to s ....
Dagen good morning. Before the weather we get to stocks. And we go downtown to the corner of wall and broad and Nicole Petallides on the floor of New York Stock Exchange. A bit after rebound, nicole. Dow jones industrials snapping back from yesterdays losses. Yesterday the Dow Jones Industrial average dropped 135 points. Not a good way toking kick off the new year. Obviously kick being off with a decline for First Time Since 2008. However, last year, 2013, was a great one. Were back with green arrows with the dow above 16,500. You have a majority of stocks with up arrows. Drug index, retail index, banking index, oil services, transports, truckers, shippers, airlines, checking on airlines with all the snow and still maintain some up arrows. You do ....
Afternoon. Some economists are cautioning investors to remember that this fed meeting were going to hear about took place before june jobs numbers were out. Meantime, the start of earnings season is always a driving force for the market, as well. Scott has the details on some of the first reports. Alcoa beating the street on the top and bottom line. The company says it saw strong results in its engineered products business. Meantime, its looking to cut costs. Shares are up nearly 40 so far this year and out after the dow last night, results from the Container Stores. The company posting a better than expected loss and lowered its full year guidance. The ceo pointing out what he calls, quote, a retail funk saying the Container Store and its fellow retailers are experiencing slight traffic declines in what he describes as a surprising tepid retail environment. Shares down sha ....