The travel Company Folds under the weight of its debt, leaving tens of thousands of tourists stranded. Brexit goes stateside. Boris johnson takes his bid for a deal to the General Assembly in new york. Labor divisions threaten to undermine its Party Conference in brighton. Brent resumes gains on concerns over aramcos output. Irans foreign minister sounds a tough tone after a u. S. Troop deployment to saudi arabia. Im not confident we can avoid a war. We are confident we will not start one, but im confident that whoever starts one will not be the one who finishes it. Halfhour less than a hour to go until the european open. Im taking a look at a monthlong chart of oil. You can see the break away to the upside when those aramco facilities were attacked. We then recovered to some extent, but we are coming back up in terms of the group rice. Those tensions are building backup. Take a look at what we are expecting in terms of the cash equities open. We have the ftse, cac, and dax futures. Fu
Well talk to one player in residential any commercial res and ask if hes feeling the same sense of optimism, but we begin with todays market and dom chu with those numbers. Its a bounceback from the down day that we saw on friday to kind of close out the week and we are green across the board for the major indices. The dow industrials is up 128 points and onethird of 1 and its the underperformer for the value blue chip index and 28,243 and up 38 points and three quartes of 1 gain and to put that in context at the highs of the session we were down 58 points up 37 at the lows. So again, a very positive session, but tilting toward the lower end of the trading range so far today and the nasdaq composite currently at 16,113. Thats up about 140 points or maybe just about threequarters of 1 upside there. Again, greenin technology is leading the way. Jon mentioned some of that apple and alphabet dynamic because of the bloomberg report because of a possible licensing or Partnership Deal and alp
Some of the most expensive neighborhoods on the homes on the outskirts of los angeles. It has jumped forward to give us the firsthand do. Specifically palestinians in the egyptians and that jordanians now speaking out against President Trumps decision to move it. An important step. Not every israeli likes the idea. He is for it. He will tell us why others are against it. The tax reform effort. Running to the tax reform. When the house and the senate merge. We have no other choice but to begin with the wildfires. To take full of the wildfire. It is a live picture in daily. It is now burning. Some have already burned down. We are hearing from Beverly Hills police department. While the fire is not yet threatening what is going on is on alert. The city which of course is east of santa monica and in between sunset boulevard and well sure that is the area and i will show you a picture. Anybody who lives on the west side is very close right now. Its a different kind of fire there. Israel reac
You know i presume you know by this point that he is short that stock. He is the founder of kinneco associates. We will catch up with him in just a few minutes. John and pete, ill gu to first. Tesla has this news that we are going to talk to chenos about. Theyve extinded their delivery date for three model 2 reservations. They have some dive an announcement today. You guys have never been involved in this stock, i dont think. Other than small speculative plays here and there. Scott, i think this is exactly why. All of that sounds pretty negative, doesnt it . Look at what the stock reaction is today. Sk stock is holding at the 200 level. It is one of the most difficult stocks to diagnose, and with elan musk at the helm and all of the different things, the polls that he is pulling right now, its really, really difficult to get your arms around this and say, you know what, this is an absolute buy at this point in time, and those that are trying to sell it, how difficult is that as well .
The advance saw big gains today and it didnt stop there. Technology shares, which have lagged the postelection runup also rose sharply. The Dow Jones Industrial average to 19,216. Its tenth record close since the election. The nasdaq was up 53, and the s p 500 was higher by 12. The current bull market is one of the longest in history, and instead of slowing down, it seems to have been reenergized. Mike santoli takes a closer look. Reporter the current bull market in stocks is old by historical standards, but at the moment refuses to act its age. The market run that began in march 2009 is nearing its eighth bir birthday. In recent months and particularly since the election of donald trump, the sector is doing best resemble the usual leaders of a bull market just getting started. Smaller, riskier stocks surged ahead of big stable ones. Economically Sensitive Industries such as railroads, autos, motels and banks are among the biggest winners lately. And very few of the older market advanc