Were left undelivered. It is a half day close for the markets today. Germany closed today. Other european markets are having shortened sessions. Take a look at futures right now and see how the market is setting itself up for this Christmas Eve market session. Dow jones would open higher, about 43 points higher. Nasdaq up 10 points and the s p 500 up a little over 5 points. Weekly jobless claims, were going to get that at 8 30 eastern time. Economists are looking for 290,000 first time filings for unemployment benefits. Then weve got Corporate News to tell you about. Takatas president is stepping down amid the scandal over that massive air bag recall. The companys grandson will assume that role. Everybody is wearing red. Merry christmas. Merry christmas, everybody. Among the biggest buzz stories this morning, south korea now indicting i thought we were talking about north korea. This is south korea. Ubers ceo. The Ride Sharing Services governing a law involving public transport. This i
Part of that was driven by Lower Energy Prices which puts more money in the hands of consumers and both the economy and energy had a big impact on the stock market. So whats in store for the next 12 months . Jackie deangelis reports on energy. Bob pisani looks ahead at the stock market and first, Steve Liesman on his outlook for the economy. Reporter 2015 will be a year with big Central Banks around the world pulling in opposite directions. Hopefully, their economies all going the same way, that is, up. The u. S. Federal reserve looks likely to hike Interest Rates, the first rate hike in 9 years and look for it in the summer. The fed wont be aggressive about raising rates. The rates could end around 1 from the current level of 0 . Look for the European Central bank for a Quantitative Easing Program to buy sovereign bonds. Should help stabilize the euro zones economy if not propel growth and japan should stay the course with wide open Monetary Policy. As for growth in the u. S. The posi
Taken on a level Playing Field and in the normal course of this scope we interact on gates and with our demaio t. To work through these issues and the state department to work through these issues. This is an issue that hurts part of the industry, but there are other parts of the industry and us that are perfectly happy with the status quo. An issue of where you stood is where you stand . Let me try that one. The issue is we care the most because it affects us the most. Our our employees are here because they understand the effect it will have on them. Those other organizations you describe other do not understand the situation or have the view that it does not concern the. It certainly is it certainly is better for them. Here is the reality. Today we are already experiencing some. And that is real damage, but what we see in europe and will happen here if i government allows for what we will see is more into the United States from points not ago. That has a material potential impact. O
And the nasdaq is up by nearly 31 . By the way, if those numbers arent big enough for you, check out how far stocks have come from their march 2009 lows. The dow over that time period gaining nearly 145 , the s p 165 , and the nasdaq nearly 213 . Yeah. March 2009 lows, what a long way weve come. As you take a look at futures this morning, theyre flatlining at this point, probably unsure what to do after yesterdays big gains. As for the rates with the tenyear, at this point the tenyear is yielding 2. 782 , so below 2. 8 , but its been rising and rising on the expectation that the fed is going to have to start tapering at some point, and that will eventually lead to higher Interest Rates. The obama rallys in full force. 2009. What happened in 2008 . The election. Yeah, thats right. Here we are, baby. Rich people are getting richer, though. Thats the only problem. I know thats your new problem. Heres my two anecdotes. Yesterday, over at the gym trying to, you know, get rid of whats the na
Today buying about 4. 5 billion in longer duration securities. Tomorrow there is a 30 billion threeyear note option. A 21 year billion and a 30 year auction on thursday. Take a look at the tenyear note. Thats whats been driving the stock market to this point. 2. 8 million. Thats been the steady climber. After the numbers we got on friday, you can expect that that number might be continuing to increase. Andrew, welcome back. Weather here, not nearly as good as it is in jamaica. We have a bit of Corporate News. Mcdonalds, same store sales. Rising. 3 . Shares of the fast food giant, up about 10 so far this year though they are trailing the broader market. Also, a Supreme Court justice has now denied a last ditch effort by a group of consumers and travel agents to stop the merger of u. S. Airways and american air liningirlineairlin. Doug parker will join us at 8 00 eastern on cnbc. Internal jpmorgan emails show the bank favored hiring people from prominent chinese families in order to win