A u. S. Air strike killing an Iranian Military leader in baghdad causing oil prices to spike this morning stocks dropping. Eamon javers has the latest on that from washington reporter good morning, jon now getting red siran and aroun wormd. The supreme leaders saying harsh vengeance awaits criminals behind the killing of Qassem Soleimani, that was outside the baghdad airport. In france, president macron says he discussed the situation with russian president Vladimir Putin and state department in washington, jon, saying that secretary of state mike pompeo is speaking with a number of World Leaders this morning, briefing them on the situation, including a statement suggesting he has been speaking with high ranking Pakistani Military officials. For his part, the president of the United States offered his explanation for justification for the attack on twitter, also kept a relatively muted presence on twitter you see his statement, explaining that Qassem Soleimani got caught planning addit
Affecting the sector. Lets move now and look at u. S. Equities. We are looking at above it of a best at a little bit of a at a little bit of a mini rally. Nasdaq up over one poin 1. 2 . Trading volume is lower on the s p 500 as we head into the holiday. Down about 15 below the 20day moving average. Investor sentiment is still fragile given all the volatility we have seen in the markets since october. Which way could we had . Look at this chart. That we areing seeing s p 500 valuations falling. They have fallen to a fiveyear low. There are two ways to read this chart. You know we are set for a bit of a bounce or the forecast out of earning season could be a little too optimistic. Here is something we have not seen in a while. Faang way in the green. We have facebook up 2 , amazon up almost 3 , netflix and alphabet rising as well. All the stocks are down double digits for the quarter. Amazon could be looking at a bit more of a bounce this weekend for the Holiday Shopping season getting u
West Texas Intermediate (WTI) US Crude Oil slipped from a fresh daily high after the Energy Information Administration (EIA) released their updated US Crude Oil stocks numbers, revealing another buildup of Crude Oil barrels, as well as burgeoning numbers of oil derivative products in supply lines.
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