Everybody is holding back waiting for the fed decisions, we will hear from fedspeakers all week. The fed chair herself speaking friday morning. We saw low volume today. One of the lowest, lightest volume days so far, stocks in a narrow range, one of the narrowest that weve seen this year. That said there were some fascinating moves, and people did make money. However, utilities were a big drain. In this expectation of higher Interest Rate environment, utility, pay dividends, classic dividend players, you might say, if you get a higher yield as a saver, maybe utilities are not as attractive. So some of the big utilities lost ground. On other hand, basic materials, led s p 500 index today, leader there monsanto. As you know german drug, and crop company, buyer, made a 6bayer made a offer for monsanto. Dukmonsanto. Wisdom tree i think this is an error. Lets look at other commodities, oil and gold. Apple shares were up north of 1 today, there was a report out of a singapore paper that said
Good thursday morning here on squawk alley. Also this is insider ceo. Henry, good morning to you as well. First up we are following the latest out of Cape Canaveral florida where a spacex rocket fought fire and exploded. No injuries reported and no threat to the public. The rocket was a Spacex Falcon 9. The fire and explosion resulted in a complete loss of the rocket and its payload which was an israeli communication satellite. It sent a thick plume of smoke into the air and caused a blast felt several miles away. It was caused by what it is calling an anomaly during a static fire test. Henry, how much does this set back the ambitions of spacex . Or is this just a natural occurrence for a company trying to do something very difficult. Its a natural occurrence. Elon musk said rockets are tricky. All the Space Exploration companies they all had these set bac backs. It reinforces the idea that when youre working on these engineering problems things can go wrong. Look at tesla and the issu
Its heart breaking. A lot of [ crying ] a state of emergency in South Carolina. Some 1300 National Guard troops called in to accept 250 state troopers. The roads are still unsafe. If you drive across it, it could collapse. A cargo ship disappeared. One body has been recovered. More than 30 others are still missing. An American Airlines pilot dies in the middle of a flight. An autopsy reveals it was the result of natural causes. The Clinton Campaign has released its First National political ad, taking aim at congressional republicans. An amtrak train derailed in vermont after it hit a pile of rocks on the tracks. Seven people were urged. It swerved to the left and swerved to the right. We were going, uhoh. Boxes of cheerios were realized. All that. A controversial finish. K. J. Wright appears to intentionally knock the ball out of bounds. It should be detroits ball. It is what it is. We cant change it now. We won. All of that matters, 2008 republican candidate for president of the Unite
Ground after Afghan Forces called for help. He called it a mistake and he ordered all u. S. Personnel retrained on rules of engagement. Campbell said president obama should reconsider the plan to reduce troop strength to 1,000. He said its not enough to train and support the afghans. Have a look at this. Like a funeral shroud, a sparp covers the building where nine were shot to death last week at Umpqua Community college in oregon. The first of the funerals will be thursday. The president will meet with relatives of the victims on friday. In milwaukee, two victims of gun violence are fighting back in a courtroom. Adriana has that. Officer brian testified against the milwaukee store that sold the gun that nearly killed him. How long have you had pain on your face . Every day. He and his partner stopped 18yearold Julius Burton from riding his bike on a sidewalk. Burton shot him in the mouth. His friend was hit in the eye. The memories still torment him. I felt like i didnt deserve to liv
Now and forevermore. Narrator if animals are our best friends, shouldnt we be theirs . Visit your local shelter, adopt a pet. Youll be in my heart no matter what. Cbs cares. If you were a hippie in the 60s, you need to know. Its the dawning of the age of aquarius. Yeah, and Something Else thats cool. What . Osteoporosis is preventable. All osteos preventable . Right on if you dig your bones, protect them. All cbs cares half of all syrians, 11 million, have been forced from their homes and many of them are driving the largest refugee crisis in super since world war ii. A german newspaper reports he expects as many as 1. 5 million refugees, double the previous estimate. Their long walk may be over. But their long wait has just begun. Each day hundreds of migrants lineup outside the Main Registration Center to apply for asylum. They are a signed a number and wait to be called. Some waited for weeks. We watched while frustration gave way to anger and anxietier to fist fights among men in t