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Tom i would really suggest oil is important, but complete we secondary to the implosion that we saw yesterday and american jobs data. And the french data not much better. Right now, for global wall street, it is about calibrating the slow down and the nonrecovery out in the third quarter. And also, its the follow on from the rents that werent paid. There were massive upsets this morning. Francine i dont disagree. But oil can make things worse. Lets get straight to uber first word news in new york city with viviana hurtado. Viviana we do begin with oil. Opec putting together a Virtual Meeting of its members as President Donald Trump calls for a court need cut to end the historic crash in crude prices. Two delegates telling bloomberg the meeting will be held on monday. Saudi arabia insists it will only cut if others do. This includes the u. S. Of thetoric streak econom ....
Look at how we are doing on the sector picture. It looks fairly split. To theng of a bias downside. Materials and the Energy Business look in the red. We will look at the bp share price in a moment. Financials, industrials and health care mixed. No clear picture coming through. Many of these sectors look fairly mixed. Matt we see more stocks losing than winning. Down, 250 gaining right now. If you look at the moves to the upside, you see Louis Vuitton rising, only 0. 5 . Bp up 0. 4 after putting out earnings. You see a lot of metals and minors stocks to the upside. Hsbc down 0. 75 . , a lot ofvartis drugmakers and consumer staples, Household Goods coming down. Diageo also declining. Down about 0. 4 . Lets focus on the fed ahead of tomorrows fmoc meeting. A Third Straig ....
Opposition to the plan. And oil falls as opec calls on producers to abide by output shery shery . Lets start with a check of how markets closed in the u. S. The s p 500 closing above 3000 again, just one 5 short of its alltime high. It was boosted not only by fresh stimulus coming out of the European Central bank but also a bloomberg report that the Trump Administration is now considering offering a limited trade deal to china. We saw the dow gaining 45 points on the nasdaq closing at a july high, gaining for a second consecutive session. Almost every sector on the s p 500 was on the green except for energy. As paul mentioned earlier, oil fell today. We had the International Energy agency warning opec of a daunting surplus of crude. That really not helping the oil market. U. S. Futures at the moment unchang ....
Im randy may, president of the Free State Foundation and im pleased to welcome you to the Free State Foundations ninth annual Telecom Policy conference i want to extend an especially warm welcome to our cspan audience. Im going to selfconfessed, i may cspan junkie. Some of you may have heard me say that before. My mom may she rest in peace she always worried a told her that i was a cspan junkie never really knowing what i meant by that. Im always pleased and grateful when cspan is here. Welcome, to the cspan audience. This years annual Conference Follows on the heels of the 10th Anniversary Gala last december, so next year annual conference will be in double digits for this event, also. It c ....
Telecommunication policy conference in washington at the National Press club. Thats where fcc chair pie was joined by Administration Officials and leaders. Well show you about three hours of this conference and well start with the discussion on the future of the internet. Okay. Well, everyone is so quiet that i think we should get started. That was really that was really good. Im randy may, president of the Free State Foundation, and im pleased to welcome you to the Free State Foundations ninth annual Telecom Policy conference. I want to extend an especially warm welcome to our cspan audience. Im a selfconfessed cspan junkie. Some of you may have heard me say that before. My mom, may she ....