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We got three reporters covering it all there. Phil lebeau on the cars and the crash tests. Housing, diana olick and the economy, steve leisman. But we do start with phil and these new crash tests on the ford f150. Give us more details, phil. Mandy this is a mixed review from the Insurance Institute for highway safety. Look at the crash test video. The good news for ford and for f150 owners they tested two versions of the truck, the super crew version which is the most popular version, all good ratings across the board. Extended cab, four good ratings but one acceptable citing injuries to the driver. Ford says it is making changes in the extended cab for 2016 to ensure that it passes all of the safety tests. But heres the negative news in this review by the iihs. It has to do with the cost of repairing the aluminum panels on the f150. They say those repair costs could be 26 more than the old repairs against a steel panel versi ....
American people are. They want to see something done. If the senate is not able to place,peal or repeal in senator mcconnell has said they will have to work with democrats to shore up the individual marketplace this year. Do you think the house could pass something to shore up the individual marketplace . Are those conversations taking place in the house . I think failure is not an option. As President Trump said, we need to stay here until we get it done. We had done in the house. Beyond that, i dont think bailing out obamacare and funding a program that is in a death spiral is the right way to help the American People. I would have a hard time supporting legislation like that. What i want us to do is to keep our promise to the American People, repeal obamacare and replace it. President trump said congress should sta ....
Meanwhile, his attorney general nominee heads toward a final vote in the senate. We are about 30 minutes into the trading day here in the u. S. We did have a record close for one of the indices. Julie hyman brings us uptodate. Julie coming back down, but the moves remain muted. I relatively small move from the major averages. All them are trading lower with Energy Stocks helping to pull things down. We see crude oil prices continuing to fall. This is a chart that we have looked at very frequently. This shows the daily swings as of closing for the s p 500. Btv 5561. Moves of less than 1 with this muted activity. Movers when it comes to earnings and a lot of them on the downside. Gilead sciences falling to the lowest level since 2014. The company says its hepatitis c franchise is fading fast. There are fewer patients left a treat and theres also more price competition as rivals have also come up with drugs for hepatitis c treatment. ....
After spending most of the session in the red, the dow ultimately advanced. And the nasdaq dropped. 33 . Its got me thinking. Why did you have to go and make things so complicated . I mean, really, only this market would confuse somehow the huge break plummeting gasoline is giving to 370 million americans and act like thats bad news got me frustrated. Instead of rallying. And you fall and you crawl and you break and you take and, frankly, bears, you look like a fool to me. All right. Lets consider whats happening here with the dramatic decline in oil. And it is a punch. First, theres the consumer. Lets see you fill up your car twice a week and costs you 80. When oil was over 100, okay, which was the case for a considerable amount of the year. It now costs about 60. Youre saving 40 a week. Cancels out to 2,000 a year. Something that looks increasingly likely, given the velocity of the decline and the surplus supply that is still hitting the market. The house of pain. How does the stock ....