Breaking News --- Suzy (fast)
NYME --- Su (fast)
>> and some breaking news to tell you about, everybody. cnn is reporting that there are gunshots that have been fired at a u.s. house office building. this is all we’ve got right now, but reports are out that shots have been reported in the u.s. house office building in washington, d.c. as we mentioned, report coming out of cnn right now. we are trying to find out exactly what happened and we will get you some more information. in the meantime, we are seeing equities moving down on these reports. but it looks like it’s happening at the rayburn office building. again, it’s shots that were fired at their rayburn office building in washington, d.c., which is one of the main buildings where congressmen have their offices. this is a report that’s coming out out of cnn right now. it is negatively impacting the markets , and we will update you some more as we have more information. in the meantime, it’s not only the equity markets that have taken a little bit of a turn lower, but crude is also moving down today after a report came out that showed consumer confidence fell last month. the crude oil futures are at $71.30 right now. more on the energy session from su keenan at the new york mercantile exchange.
>> suzy, we saw it tick lower when the spending number came out. a big theme in commodities trading right now is the inflation watch. interest rates rise around the world. will’s concern that that can slow demand for commodities. that said, we are seeing oil off the low of the session. take a look at the one-week trend. we are at $71.20. it began the week at the $68 range. look at gasoline. we began significantly lower, $2.03 wholesale. we’re at $2.09. this as we learn that we have the fourth straight weekly gain for gasoline stockpiles here in the u.s. and a surge in imports, 12% surge last week that puts it at the highest level ever. what’s the outlook going forward? well, our bloomberg poll shows there’s a big split. 39% believe we can be lower next week.
>> in the meantime, another update, that we just told you about, that indeed shots were fired at the rayburn office building in washington. shots were fired in the garage it looks like of the rayburn building. and cnn is reporting that all of the u.s. capitol in washington, d.c. is locked down at this point. so we will of course keep you updated. we’ll take a quick break and be right back after this.
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>> an as we mentioned there are reports of shots fired at the capitol building in washington. shots were fired in the garage of the rayburn building, and all of the u.s. capital in washington, d.c. is locked down. shots were fired in washington, d.c. in the rayburn building, and the u.s. capital, all of it is under lockdown at this point. the markets , we are seeing the dow jones industrials higher by 28 points, the s&p holding on the gains of two points and the nasdaq is up by three points. in the meantime, we have got a juries that convicted former enron executives ken lay and jeff skilling and now they’re tr • now the shift goes to helping those who lost all their money. the enron fraud and the chance one of the most egregious acts of corporate criminality in history. bill joins us now on the phone from california to talk about what’s next for the injured parties. bill, let’s start it off there. first of all, what was your reaction to the guilty verdict?
>> well, i think i was relieved that it showed that a jury in houston, despite a lot of denials and obfuscation by the lawyers for these two defendants was able to see through that and recognize that enron was exactly what we have said it was all along, a massive fraud, a farce, and that’s encouraging for us in going forward with our lawsuits for the investors in the company against the defendants that we’re
