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while they pause today given the market wide pullback, dow s singing 189 points. nasdaq dropping 1.47%. it s worth asking if this might be the pause that refreshes the old smokestack. let me set the scene. conventional wisdom has been if oil goes higher, it s a good day for the market and if oil goes lower, sell, sell, sell. it s a bad one. so, it went down two bucks. got hammered. we saw the urgency of that formula writ large today because we learned jpmorgan has $44 billion in oil and gas exposure. that s $44 billion in oil and gas exposure. kind of like making it the exxon of banking with hopefully exxon s discipline. oddly given the plumeting price of oil, only $15 million in loan loss reserves. even though 19 billion is loan portfolios. say firms with junk bond status. boo. and 39% of it was made to exploration production companies. the wos f the worst when it comes to who is paying anybody back. jpmorgan said the energy company could cost them. hey. 20 billion ....
good morning on this busy wednesday. i m reena ninan. and i m kendis gibson. it is busy because we re talking all about the big election results and some are still questionable right now whether or not who came in third place in new hampshire. which i would say is important to know who s going to drop out, what s going to happen in south carolina, nevada. absolutely. we did get this result. former virginia governor jim gilmore has received more than 100 votes in the new hampshire primary. that s a big deal. that s almost tenfold compared to what he received in the iowa caucuses. he s still in the race. oh, boy. so let s talk about the landslides in new hampshire. voters in the nation s first primary throwing crucial support behind donald trump and bernie sanders. sanders triumphed over hillary clinton which winning over a majority of young people and independents. trump came out on top of the john kasich clinched second place. we begin with abc s david wrigh ....
being used because repairs are still not done. robert lewis deer has been clarnled with murder and other attack. deer says he an targeted the clinic because of an, boz that are performed there. over in ohio, a restaurant reopened following a machete attack last week. four were injured when the slashing people. the restaurant owner believes he was targeted because he s an arab. but the fbi in columbus has not spoken publicly about a motive in this case. the suspect was killed by police. a series of air strikes in syria destroyed hospitals it including a maternity ward and pediatric hospital. 50 people were killed. doctors without you borders blame syria and russia saying some 40,000 people have no access 0 medical care. last week the u.s., russia and other world powers agreed to a pause in the flight. jesse hughes has returned to paris saying he feels a sacred responsibility to finish the band s show that was interrupted by a error attack. the performance by the cali ....
u.s. health officials say 14 cases may have been sexually transmitted. republicans aren t blasting the plan to close guantanamo bay. this is what i think of the president s plan. to send terrorists to the united states. in new york, two window washers had to be plucked from the country s tallest hotel. in connecticut, up to 12 people fighting. all that. the nt generation of robots looks so much like humans, it s kind of scary. oh, no! oh! i just threw that up. i drew that up at the time-out. and all that matters. bernie sanders who has had trouble attracting african-americans voters just got a high profile endorsement from spike lee. for bernie s sake, i hope it s better than other spoik lee slee the vatican spokesman clarified the pope wasn t attacking trump. trump went toe-to-toe with the victor of christ and the pope blinked. just put a poster of him in the chapel. announcer: this portion of cbs this morning sponsored by toyota. let s go pla ....
gop presidential front-runner donond trump has before. and he is basking in the first career. trump talked about new hampshire and what comes next with charlie, gayle, nora on cbs this morning. now are you feeling unstoppable today? no, never unstoppable. but you know never unstoppable,e, you? i would never want to say that. we had a great time. the people of new hampshire have been amazing. the way they just took me in. i have been friendly, have a lot of friend from the area. i thought i would do well there. what made the difference, iowa and new hampshire for you? i think we did really well in iowa. i got no credit. came in second. nevevedid this before. hahan t been a politician t in iowa, six months a politician. camen second. the largest number of voters ever, except for ted. we had the problem with ben carson. very unfair thing happened to if that didn t happen i would have within iowa. i was happy with iowa. came in second. came in third. made him li ....