Thank you becky one of the key Decision Makers now defending a decision to launch a program. The launch had now been moved in the right direction and said Market Reaction was encouraging thus far and next big question a major election in greece this weekend. Back in the United States the focus is on earnings and economic data. On the agenda heres whats happening. Quarterly results from General Electric and mcdonalds before the bell but two data points coming up at 10 00 eastern time. Existing home sales and leading economic indicators. Stock futures at this hour dow opening up 5 points higher. S p 500. Nasdaq up about a point. Now to todays top stories. Succession in audi arabwe saudi arabia. Brother to brother. These are the sons of the original king of saudi arabia. The unspoken question is what is next for saudi arabia. Is this the last brother. Yes it is. King salman. Hes a half brother. Hes 70. Hes in his 70s. Thats pretty young at this point. I know that now. When we were talking
Global markets are going now. Dont do it today, hitting that 118,000 mark, could tomorrows jobs number put us over the top . A closer look at what people are expecting tomorrow morning, when that allimportant report from the Labor Department is released, 8 30 a. M. Morelier Oil Prices Today as we showed here on closing bell yesterday. Some stations, look at that we did it, 1. 99 a gallon. Thats why a few politicians now from both sides to of the aisle are starting to talk about the possibility of raising the gasoline tax, which hasnt been done in about 20 years and use that money to help fix our crumbling infrastructure. We have a de bit on that. Our friends kudlow and frank will be joining us. That should be fun. Looking forward to that. Will have a chance to weigh in. Here is what we see on the markets, an hour to go in the session it is the oil names again which are weighing on the dow, off about 16 points. Seems like chevron off about 2 . Exxon down about half of 1 . The s p dividi
Deflated balls . That would be a bad bet. Lets get you through some of the big stories theyre watching this morning. The first read on Fourth Quarter gdp at 8 30 eastern time. Forecasters say the economy likely grew at an annual pace of 3. 2 . And then coming up on the earnings front well be looking for results from chevron, eli lily and mastercard all before the opening bell and in global news Russia Central Bank made cutting rates unexpectedly. The rouble extending losses after that news. Hell join us from moscow in a couple of minutes. Number of stocks well be watching today. We mentioned google at the top. Declining online ad prices. Also Unfavorable Foreign Exchange rates. Google has been a great stock though. Well keep an eye on it throughout the session. Amazons earnings were much better than expected on strong holiday sales. The company gets about a third of its revenue from october to december and its Current Quarter guidance falls short of consensus but were going to look thr
Eastern time and mario draghi will hold a News Conference at 8 30 eastern time. The euro we saw 1. 5 yesterday. It bounced higher at 1162 and european stocks at least at this early hour they are relatively flat at this point the dow futures are up by 35 points. Nasdaq up by 3. The ecb is the talk of the down here in davos. Larry summers, and Goldman Sacks gary cowen all sitting on stage together. Expectations of a Bond Buying Program in europe already had an effect. She points to currency and where the euro is now countries around the world are already engaged in a currency war in an effort to boost growth. Press andrew is supposed to give a press conference later today about the sex scandal hes involved in. This is what people are really talking about here. We were 100 billion a month qe. At one point, yeah. Theyre doing 50 billion euros. That was money at one time. What was that . Probably 63 or something . Yeah among the biggest questions in europe right now is the fate of greece lo
Stronger dollar and slowing Economic Growth overseas. Foreign ministers are said to meet in germany for a fourway summit on russia and peace talks aimed at ending military talks Angela Merkel is warning a lack of progress from russia. And the ruble dropping today. Well show you now. And millions of french citizens taking part in an historic march this weekend to pay tribute to victims of islamist militant attacks. A line of World Leaders lead the way. Arms link. Among them israeli Prime Minister and the palestinian president all together. No high ranking u. S. Officials took part. That lead to a lot of criticism. Well have a live report from paris. You saw here covered on the daily news this morning. Sunday more than 40 leaders watched none of the men showed up. The news said you let the world down. So there it is. Some people say eric holder, by the way, was in paris and didnt go to this. I dont know what that says about i dont know. I saw some stuff on some of the websites that said