They were down yesterday on the weakness on the dollar. You can see this morning theyre back up by 1. 5 . Wti sitting just below 39. U. S. Crude stockpiles grew last week by 2. 6 Million Barrels. Thats less than the 3. 3 Million Barrels analysts had expected. A couple big stories this morning. The economical dar. A lot going on. Were going to get an early read today on fridays job numbers. Economists expecting an increase of 200,000 private sector jobs for march. Following that data, chicago fed president Charles Evans is going to join us here on the set in a cnbc exclusive interview. Also, an update on the fight between apple and the fbi. It aint over yet. A california judge has officially vacated the order asking apple to assist the fbi in hacking into that iphone of the San Bernardino terrorist. Nbc now reporting an Israeli Company is the firm that provided the tool. The fbi now owns proprietary rights to the method used to get into that device. Also reports out that they signed a c
Of a trump turn around . A new cbs poll today showing trump leading senator ted cruz by 13 points nationally while a monmouth poll shows him with a 24point lead over the texas senator in pennsylvania. This as cruz turns his attention away from new york and the primary here where he is trailing to take his case national. Appearing on the tonight show with jimmy fallon this evening. Well discuss the change in cruzs tactics with Cruz National spokesman whos here live. Meanwhile, the democrats are prepping for tonights big debate. Hillary clinton spent the day away from the cameras preparing for the big night in brooklyn, but senator Bernie Sanders did just the op to to sit. He took his turn addressing the National Action Network Convention blasting hillary for taking money from the big banks. How sanders can turn his momentum into actual votes in new york. And dow 18,000 this our sights. Dow jones industrial average just about 80 points away from hitting that level. Were at 17,930. Yes, i
Yellen said that the central bank is in no rush to raise interest rates. And that powered a stock market rally around the globe continuing today. And resulted in the dow industrials gaining 83 points to 17716. The nasdaq added 22 and the s p 500 rose nearly 9. The president of the chicago fed agrees with the fed chair. In an interview today, Charles Evans said a rate hike in april would be surprising. I think chair yellen laid out all the right issues, you know, coming out of december going into the march fomc, risk factors increased a bit, financial volatility, things settled down a bit. I think global risk is higher. The median is for two hikes this year. If the data come in the way were expecting. If they come in stronger, everybody would adjust upwards. Evans added the potentially moving in june that decision would be made on the basis of further improvement in the labor market but emphasized he didnt want to get ahead of himself. And there was more evidence today the job market is
Yellen said that the central bank is in no rush to raise interest rates. And that powered a stock market rally around the globe continuing today. And resulted in the dow industrials gaining 83 points to 17716. The nasdaq added 22 and the s p 500 rose nearly 9. The president of the chicago fed agrees with the fed chair. In an interview today, Charles Evans said a rate hike in april would be surprising. I think chair yellen laid out all the right issues, you know, coming out of december going into the march fomc, risk factors increased a bit, financial volatility, things settled down a bit. I think global risk is higher. The median is for two hikes this year. If the data come in the way were expecting. If they come in stronger, everybody would adjust upwards. Evans added the potentially moving in june that decision would be made on the basis of further improvement in the labor market but emphasized he didnt want to get ahead of himself. And there was more evidence today the job market is
There may be one more day left in the month but as far as wall street is concerned the books are closed on a sluggish month of april. The dow did manage to squeeze out its Third Straight month of gains, but the nasdaq was the big drag having its worst month since january, and we all remember how bad that one was. As for today, the stocks fell early and often after some weak Economic Data helped set the tone. But late in the day the market staged a bit of a comeback and ended well off the lows. The dow fell 57 points to 17,773. The nasdaq dropped just about 30. And the s p 500 was off 10. The dow and s p were off more than 1 , but the nasdaq fell more than 2. 5 . And for the month only the nasdaq was lower, down about 2 . Yesterday billionaire investor carl icahn has said he has gotten out of his stake in apple and that sent stocks lower. He also warned of a day of reckoning for the markets. Today Warren Buffett weighed in and said, thats just icahns opinion. There were probably just pr