Midstream (MMP)/Oneok (OKE) Deal & Outlook For The Energy Sector

The energy space actually reported pretty good results earlier this month and in April, so the space looks decent, notes Stacey Morris. She discusses the outlook for energy, as well as the recent drivers behind oil prices. She goes over how we've seen a lot of volatility pickup since mid March, and how the market has kind of paired energy next to the banks. She notes that we've seen them move together as kind of this representations of cyclical strength or weakness in the economy. She then mentions how recession concerns impact energy commodities. Finally, she highlights the outlook for the $18B Magellan Midstream (MMP)/Oneok (OKE) deal. Tune in to find out more about the stock market today.