From the darkest moments. In the midst of this historic storm of the people of texas have responded with their very best. This could well be texas finest hour. Drain to the damage could wreak havoc on the busy travel season. Gas prices hitting a twoyear high as the nations largest field pipeline runs from texas all the way into new jersey, new york city even with temporarily shutting down its main fuel line from texas to new york because of outages. Turning to tax reform, President Trump calling on congress to get to work when they return to washington next week despite the push to many polls say americans are not confident lawmakers will get anything done. Futures are showing this in your market. Dow futures up 72 points. Much to miss them. Weve got the good reading on secondquarter Economic Growth coming in at 3 yesterday. The dow up 27 points yesterday and had he not at least the start of the last day of trading in august. Europe stocks higher across the board. Case in england, fran
I think the horrible attack in manchester reminded all of us why we have to do this. The president said that in remarks today. It just reminds us why we have to win this fight and we have to do it. We cant leave it for someone else to do. Maria very latest developments this morning. Airport lines may be getting longer. Transportation Security Administration testing procedures including separating all electronics and food. Obamacare on the brink. The Congressional Budget Office now with a score in the Gop Health Care bill say that will lower premiums than the deficit. This after another insurer said it will pull out of the exchanges next year. Weve got the latest. Earnings season wraps. If i had to be uanabout giving us the latest book. Overall earnings have been strong. Futures indicated they will open like this trademark is right now pretty strong opening this but we expect that 77point. Nasdaq, s p 500 also in the plus power. European indices. Take a look, higher across the board. Ca
All of the action for you, its sure going to be a busy week. Earnings, Economic Data and, of course, the Federal Reserve. Jason weisberg is on the floor of the New York Stock Exchange, and Price Futures Group phil flynn joins us from the cme. Jason, to you first, is this the calm before the storm trade ahead of the ped . I think this is really the earnings trade. I think the fed will be a big nonevent as it has been. I think the budget talks and the stalemate that occurred priestly up previously upstaged the fed, and i think the fed is going to be a footnote compared out of what we saw out of the government. I dont know, jason, global stocks were on the rise on some thinking that the fed instead of, you know, for months, for two months its been the talk of when will the fed taper, but now, boy, maybe we need some additional stimulus. Today we had the existing home sales that were a little wit weaker and some of the manufacturing data didnt come in so solid, not to mention the jobs repo
U.S. crude oil prices hit their lowest level since February due to concerns over OPEC's decision to unwind production cuts, but the move could assist President Biden's re-election effort.
Oil tumbles on Middle East ceasefire talks, Trans Mountain pipeline expansion seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.