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We are down across the board these would be losses for the week that will end four weeks of gain weve seen up to this point. Does this count as the first week of 2020, even though it is only two days . We could look at the fiveday thing and if it is up, we could say that is the first week this is up as we see crude oil prices jumping we see that wti is up 4. 1 the gain to 63. 72 a barrel ice brent up by 4. 3 Natural Gas Prices up. Crude is the real focus as tensions are on the rise in the middle east. The market is up 30 from last year that is a place for people to look this year as for gains. We are moving crude from 60. We are not moving from 62 but based on the tensions rising you think about the heighten tensions and what this will mean for the potential repercussions in the middle east the idea of additional strikes of any ships going through the straits of hormuz, people will be watching that closely theyve been blessing ....
Welcome to squawk alley. Im jon fortt. David faber and Morgan Brennan are here a lot to get to today, including winners and losers from last nights Golden Globes. Well begin with todays market drop, though stocks are off the lows, actually at the highs of the session. Bob pisani has whats driving todays down swing and maybe swing a little back up more than a little. We almost went positive a few moments ago on the s p 500 heres the intraday. This is similar to friday. The low print but v was there at the open friday we tended to have faded into the middle of the day, looked more like that. Well see if the same pattern happens. For the moment, we touch even going on the s p ill show you the sectors here cyclicals tend to be most affected energy on the upside today mostly the big integrated companies that are up, shale down, e banks down but off the lows same with transports not ....
Off the job at 31. 00 Assembly Lines across the country theyre frightened to stay on strike until an agreement is reached. And the United Nations is warning that Rohingya Muslims who remain in myanmar are living under the threat of genocide the un is repeating calls for top generals to face trial for forcing iran 3 quarters of a 1000000 to flee to bangladesh 2 years ago the un also says it has serious concerns about a crackdown on refugee camps in bangladesh it says aid workers accused of supporting rohingya protests last month have been banned their phones confiscated and a curfew imposed. Indonesias government to scrambling to control widespread forest fires which are causing a toxic case to spread to other countries this off smoke is causing causing a lot of respiratory problems and disrupting fights has more from t ....
James bays has more on this now from new york normally this monthly meeting deals with the grim reality of life inside yemen but it was overtaken by events on the other side of the saudi border one thing we can be certain and that is this extremely serious incident like the traditions of a regional conflict. And the report more that much. With yemen in some way or. None of that. Is good for you. And this is so far in just his 2nd appearance in the Security Council the new u. S. Ambassador made it clear washington believes these didnt stage this attack on the road claims of responsibility have been made but as secretary of state mike pompei all has clearly stated there is no evidence that the attacks came from yemen. Emerging information indicates that responsibility lies with iran are the u. S. Allies still party to the nuclear deal with iran did not apportion blame at the moment were still assessing what happened and who is res ....