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S p 500, and nasdaq to record highs on pace for another set of record highs for the dow and s p 500 potentially the fourth in a row. Mentioning theh three major averages are on pace for weekly gains as well, the third week of gains in a row. Big strength for u. S. Stocks. As for one market moving in the opposite direction, we are looking at oil. Down nearly 3. 5 . What could be going on here for the second day of declines in a row, opec is negotiating to work out the supply cut deal may have been trying to do for quite some time, now negotiating with iran iraq signaleder they will cut supply. This is dragging right now on oil. The downward action we are seeing in oil, not surprisingly, dragging on the s p 500. Energy is down nearly 1 . We had some of the big e p players down significantly, including marathon oil, anadarko. What could happen with oil, we went to the bloomberg. This is a roughly threeyear chart of oil. We see that downward plunge when oil had crashed before. We also see ....
S p 500, and nasdaq to record highs on pace for another set of record highs for the dow and s p 500 potentially the fourth in a row. Mentioning theh three major averages are on pace for weekly gains as well, the third week of gains in a row. Big strength for u. S. Stocks. As for one market moving in the opposite direction, we are looking at oil. Down nearly 3. 5 . What could be going on here for the second day of declines in a row, opec is negotiating to work out the supply cut deal may have been trying to do for quite some time, now negotiating with iran iraq signaleder they will cut supply. This is dragging right now on oil. The downward action we are seeing in oil, not surprisingly, dragging on the s p 500. Energy is down nearly 1 . We had some of the big e p players down significantly, including marathon oil, anadarko. What could happen with oil, we went to the bloomberg. This is a roughly threeyear chart of oil. We see that downward plunge when oil had crashed before. We also see ....