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Down oil and gas production. Haidi hello from sydney. This is daybreak australia. We are talking about the first major market open. Betty i am betty lou. This weekend has been quite eventful. Just what happened over the weekend with Hurricane Harvey, hurricane category four slamming into texas. The fiercest storm and 50 years. The worst hurricane since 2004. A quarter of the production now expectation is it will not hit the whole of the u. S. Economy but certainly texas itself. Lets get a quick reminder before all of that happened how stocks traded on friday. Watching with bated breath what janet yellen was going to say, she was on message friday. That meant the market did not trade that much, not a lot of volatility as we saw by the end of fridays trade, the dow up 30 points. The s p up 0. 1 . The nasdaq trading unchanged. We have a lot had this week including jobs data in the u. S. , likely to dominate the chitter chatter in t ....
Right before the testimony started there was a new layer of intrigue to it. And, of course, the democrats were trying to show that barr was in cahoots with, get this, the president of the United States to somehow block a report thats already been out. Ainsley new this morning, he is supposed to testify in front of the House Judiciary Committee. He says he will not do that he is not going to comply with that and not going to supply with the subpoena because these lawmakers want staffers to ask questions. He said i didnt agree to too that. Steve look, the democratsen the House Along Party lines voted yesterday and they changed the rules. They voted to add an extra hour at the end of the hearing which was going to be today so that house judiciary lawyers could question mr. Barr. Heres the questions that a lot o ....