Scott Spurling News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Scott spurling. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Scott Spurling Today - Breaking & Trending Today
Ashley thank you very much, charles payne. Great stuff as always. Hi, everyone, im Ashley Webster in for liz claman. The dow is off 179 points and back blow that, i guess, psychological mark of 40,000. It breeched it in the final moments of trading friday but pulling back today. The s p 500 and back below 500 and so far so good and s p 500 will be a squeaker and needs five points for the 24th record finish of the year and tups 5. 87. Could be interesting. Reports from lowes target, tjx and big key events on wednesday, nvidia earning ands, yes, the fed minutes. Vice chair Phillip Jefferson saying cautiously optimistic about inflation fight but its still too early to tell if the slow down of inflation is long lasting. Very noncommittal. Itll take awhile to be confident on inflation. Take a look, 2year yield hit ago oneweek high in the session today. Two year at 4 hadnt 48 an ....
That was going to be demanded here by the European Commission were huge. What weve got here in 13 billion is significantly away from challenge the ruling. And youve got the u. S. Treasury that they feel companies, u. S. Firms operating europe are being targeted unfairly as well. I think behind the scenes here, theres going to be a lot of kons nation at the significant size of the charge reform in the interim because if the tax laws there change and some of these companies repat rate the cash theyre holdi ing overseas, thats moves the cash out of the way of the European Legal system. Then will they ever get the money back. If they do push for a legal challenge here, the question is whether europe gets hold o tv monof the money or not. Well have more from your later on this hour. In terms of talking about what it means. Number one, youve got the eu. Ireland entered into th ....
Situation. This is private industry that is out there. This is private industry drilling or fracking that helped that. There are some people saying that probably two months from now well see an even more supply that is coming online at that point well be filled up in terms of the storage we have and that excess capacity would go straight to the open market. Some people predicting that could put extreme pressure on prices. Did we roll over the contract . It was down at 42. Youre right. Thats a may contract. Expiring may 15. Thats down about 2. 5 percent. I like the idea. Were a cartel. Weve been, you know pillaging and plundering the world for 25 years but now were out of control. Will you other nonoutput guys come with us . Thats their way of saying its never going to happen. They know the United States is its not fair. Its not fair if the nonopec members arent cut uing. United states is a bigger producer than saudi arabia at this ....
The worst days weve seen in months. The s p posted the first threeday losing streak in two months. The dow logged the first backtoback declines in a month. The dow transports dropped about 2 for the worst day in two months and all of this was, again, as you saw the crude oil prices pushing higher. The dow futures are indicated up by about 13 points. Take a look at whats happening in the early trade in europe. Red arrows there, as well. Biggest declines at least from a percentage basis coming from the ftse in london down close to 1 . In asia overnight, the markets that you are watching did see green arrows, in fact, the shanghai up to close to 1 , nikkei up close to. 8 . And here in the United States looking at the bond market, youll see right now that tenyear note is yielding 2. 95 . The dollar this morning, down against both the euro and the pound. Its trading against the yen. The euros at 1. 3572. And gold prices yesterday rallie ....