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FBC Markets Now April 2, 2013



trading deal that is really big news. that stock is jumping up almost 42%. the nasdaq pulling back about 10% on the news. agreeing to buy the platform from bgc. all total, deal value about $1.23 billion, and obviously bgc is jumping on this news. back to you. melissa: commodities are broadly lower with oil on track for a second straight decline. fox business contributor with the pith of the cme. what is weighing on the market? i think the market is going higher partly because of supplies. tomorrow a report that may show the u.s. crude supplies are at the highest level in over 22 years. that is a pretty incredible number and the reason you may not want to get too long on this market. if you look at the spread, that is what has been fascinating. in recent days the spread is why they need out again. part of it is because the exxonmobil pipeline that could cause a backup of crude in the united states, and also because of concerns about north korea. the little bit of a ris ....

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