A big upgrade. We will find out what makes it stick out in that big social media space. Plus, petes got a fast pitch on one medical device maker he says could be a home run. We will tell you what it is as he lays out the big case thats medical miracle mystery chart. In a special bonus hour of fast money at 6 00 p. M. Eastern time, we are taking your burning trading questions. Tweet us cbs fast money and you might get them answered here live on the show in the next hour we start with that monster rally on wall street today the s p up more than 1. 5 and the dow jumping over 400 points as you can see there the nasdaq also up nearly 2 leading those markets Higher Energy stocks, financialis and the small caps as well investors appearing hopeful a new deal for stimulus is town the pike markets still down significantly for the month. Does todays action give you a reason to perhaps be more optimistic and for that perhaps, guy, i will turn to you first. Welcome its always wonderful to have you
Good morning for our audience worldwide, this is bloomberg surveillance on tv and radio alongside tom keene and lisa abramowicz, im jonathan ferro. Just about positive on the s p 500. Tom not your father strike. When i saw it, they nailed it about the 10 00 p. M. Stock. This is an original strike going back over to uaw history, back to 1958. Into real challenges before world war ii. It is an original strike, a selective strike, that is what is new. Jonathan gm said they offered unprecedented package. From ford, the union made little movement. Rambo, we have not heard from this white house, have we . We are waiting for a statement from the president. Lisa hit the he did speak with the leaders and auto manufacturers. What did he tell them at a time where his policy is contradictory . In one hand hes pushing for electric pickles and a lot of the vehicles are pushing back on yet they are helping some of the auto manufacturing with those. On the other hand, it is it is the most prounion in
Professor Darren Dochuk teaches a class about mid20th century Oil Interests. He describes the expansion of he describes the east Texas Oil Boom and the expansion of u. S. Oil businesses abroad to places like saudi arabia and alberta, canada. He argues that religion played a significant role in the worldview and Business Practices of Global Companies and individual prospectors. This class is one hour and 15 minutes. Prof. Dochuk good morning. Welcome back from spring break and welcome back to our history of oil in american life. Today we are going to look at a critical phase between the 1930s and 1950s. A moment in which some important turns take place in the life of american oil. Two sectors we have been looking at, major oil and independent oil. This is a period in which the nation itself is kind of awakened to a new role in global politics. In 1941, it was famously stated that the u. S. Was entering a new era of global leadership. It was the American Century dawning in the early 1940
For 2017. Nbc news reports that russian president Vladimir Putin was personally involved in the campaign to disrupt the election and divide American Allies by undermining the u. S. As a credible Global Leader. Good morning. Welcome to street signs. Big day with Global Markets reacting to the fed decision. In europe a decision coming from the Norwegian Central Bank. The expectations going into the decision were for the rates to remain unchanged. Thats the decision from the norges bank today. Rates unchanged at 0. 5 . The dollar just a quarter percent weaker. Interesting that we continue to see the dollar index moving higher overnight after the fed expectations for next year were more hawkish. The Norwegian Central Bank says activity in the economy is picking up at a somewhat slower pace than projected, and that prospects of inflation will be lower than projected as well. This will come as interest to many who have been watching the moves in oil prices, wondering if a sustained momentum
A new potential revenue stream for twitter. The Company Announcing a new video ard strategy, looks very similar to you tubes. We will discuss whether this could help turn the struggling social network around coming up. Elon musk has harsh words for apple, calling it the tesla graveyard. Yes, his words. Fourown grades for his company this week, is musz k getting scared of increasing competition . We will discuss. Tough week for tesla and elon musk. Lets start with the big moves. Weve been seeing in oil Jackie Deangelis monitoring the activity at the nymex. Good afternoon. A choppy session for oil by all skts, moving back and forth between positive and negative territory. We did close a little higher on the day, 49. 63 our intraday high 50. 92. So several days now making an assault on that 50 range. When will we close over it . Your guess is as good as mine. Having said that is correct the experts are still pointing to the fundamental story. We did see a decline in rig counts but when wi