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N update looking at the major averages, we are down for the s p. At four. 4 . Lets look at how the agencies have performed for the month. Session, abe its 38 1 move. Down insee the dow is the s p is down and the nasdaq is up. 8 in august. Lets move to oil and we can see a reversal. Right now, oil is trading at or before and 71 is down 3. 5 today. It began the month with its worst day. Talk about symmetry there. 3. 7 , stillown trading below 45 per barrel. Oil is up 7 and it is the first monthly gain in the last three months. Exxon is down about 1 and chevron is down about 1 . Given the move in oil. A look at some stocks on the move. Going tosaid it was stop or at least try to stop any are Merger Acquisition they thinking of doing with monsanto. Both stocks are down today. We will move to the first word news. Mark crumpton has that from our newsroom in new york. Mark thank you. Donald trump has landed in mexico city and the fli ....
Wall along the southern border. And mexico will pay for the wall. The growing number of hispanic voters, can he win the white house with this position . We are nearing the Halfway Point of the trading day. Bloombergs Abigail Doolittle has the latest. We have the u. S. Averages in decline mode today, this after there was a surprise contraction to the august isn manufacturing number. Dow, s p and nasdaq all trading lower on the session today. Nasdaq, its the first threeday decline since the middle of june. We take a look at the s p 500 on an intraday basis, the turn of the s p 500 today, we do see that the index is trading right near the lows. Not a lot of reprieve, the drop came after that contraction or shortly thereafter that ism report around 10 00. The s p 50038 of not making a 1 move. Theres Interesting Research< ....
Goldman sachs in 2007 interesting timing to run the markets desk and became president of the new york fed in 2009. In that role he served as vice , chair of the open market committee, the policymaking committee of the event. John taylor is the Marion Robert professor of economic at stanford and many other things at stanford. Among other things he was a , member of the Council Economic advisers in the First Bush Administration and under secretary of treasury for International Affairs under the second Bush Administration. John taylor is known as being the creator of the taylor rule. Although i am told he did not put at the name on it, somebody else did. It is a simple rule of thumb that ta ....