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Oil is down too much. We have had a huge runup. We are off 232 points. Look at the stocks that are leading. Caterpillar. Chevron. The cell ibm. Those five dallas. Combining. The price of oil. That is where the real news is this morning. Very close to what we call a for handle. 50. 2. 35. To gasoline. The National Average for gas to dollars 0. 19. Aaa sees u. S. Drivers saving 75 billion on gas this year. Look at the map. The 1 club expands to seven states. Sound the trumpet. The cheapest gas in the land. 1. 42 for regular. Almost worth driving there. Airlines are getting a huge benefit from tumbling prices. Southwest is rewarding travelers. You have a big meeting. Southwest is having a sale. Fares as low as 73 oneway. Stuart i thought that was an ad for starbucks. [laughter] look who is here. Cheryl casone. Cheryl there is a forecast out there. About 5 that we will see a drop in air fares in 2015. Stuart they are under great pre ....
Flee the chaos of muslim north america. Meanwhile, stocks up. China says its going to stimulate with lots of cash. You know investors like that. And furious 7, more than a billion dollars made worldwide. 250 million from china. Varney company is about to begin. Ashley well, check out the big board and thank china thats stimulating its economy by, well, what else . Printing more money. What a great idea. Certainly boosting stocks here, the dow up 2k5 9 points 259 points, pretty much erasing the losses from friday. Meanwhile, hasbro is a winner. It makes its money these days not from toys so much as licensing movie characters. It has frozennen, thats a winner right there, but it also will have the star wars characters from the upcoming movie series. Need we say more . Oil, meantime, has been moving higher. You know what that means its up 1. 15 at 56. 89 that means gas prices going up overnight to 2. 45. Well, to your daily terror update. Six arrested in minnesota and california in connec ....
Right now all we mayybe clocking in some losses for the third day in a row for the dow and the s p and we havent seen that since september. Dow jones industrials down 66 points at 15,932 and nasdaq down sitting at 1797, friday is jobs friday, watching for that. Also a close eye on dow chemical which jumped to little bit yesterday on this news, pulling back now, trying to spin off part of their business so we have seen this moving back and forth, gains going back today. Connell breaking news in a detroit courtroom where a federal judge is ruling whether or not the city can continue with its bankruptcy filing. Dagen a win for the city . Jeff flock live from detroit with the latest. Jeff it is accused ruling. For the First Time Ever a federal judge has ruled in detroit std may cut, diminish the pensions of Municipal Workers in bankruptcy, first time there has ever been a rul ....
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