Markets in hong kong, united kingdom, germany and france all closed for easter monday. If you want to take a look at crude oil. Down by 44 cents. Wti looking like its trading at 52. 74. If you take a look at the currency markets, the florida is down. Dollar yen at 108. 28. The yield for the tenyear sitting at 2. 205 . A lot of things on the economic agenda today to think about in addition to geopolitics and whether youre willing to get 10,000 to get bump on a department that flight. Today, the National Association of Home Builders puts us its survey. Tomorrow and then wednesday, weve got the feds, facebook followed by the survey on friday. Friday, existing home sales. As for earning, heres what turns out. Nine dow compovnent and 63 s p 500 Companies Reporting this week. Netflix out for the day. Goldman sachs, morgan stanley. Other big names, united health, j j, ibm, travelers, verizon and ge. Also President Trump set to fill a key post. Randy quarles is expected to be named the feds vi
Then after further review, the money flowed right back. The dow closing down just eight points. S p declining 0. 31 nasdaq dipping 0. 50 . What the heck is going on here . I dont know what will happen with fbi director james comeys reviewing of new emails related to Hillary Clintons personal server. But i do know this. I do know that this market seems to want some certainty, or it wouldnt have plunged so hard midday when the news came out. Beyond that im leaving the politics to the pundits. But heres what i do know. The overall performance of the average today obscured one of the most vicious rotations i have ever seen in my career. Health care stocks, which had been under pressure throughout the campaign season, bled from the eyeballs today thanks to a couple of monster shortfalls in the Health Care Cost containment and pharmaceutical arenas, particularly biotech. These declines were so brutal, so pronounced, that we ripped up the show plan tonight and are going to spend a whole segme
Get an interview with siri, by the way. Tomorrow is day one of the fed meeting with most economists saying a rate hike is off the table. When will we see any movement on Monetary Policy . Well be joined live here at the new york stock exchange. And oil, the highest its been. Hes holding to that forecast. We begin with microsofts blockbuster acquisition of linkedin, announced just before the opening this morning. Jon fortt spoke with both ceos. Jon . Microsoft wants to get bigger, but to do that it needs online professional Services Running on the platform. Linkedin has got more than 430 million members, but only about a quarter of them sign in during any given month and to change that, its been promoting itself more than just the biggest place to find a job online. Its promoted it through news stories, training courses and more. Linkedin was approached when stock was lower. Take a listen. We were talk in february about whats the next phase . Can we complete it more tastefully and wbett
This show just about to kick off. Remember apple has four different operating systems, right . Mobile, mac, watch and tv so there should be a lot to talk about today. Two really big pieces of news were anticipating, tyler, one has to do with siri, that voice activate ed Virtual Assistant a you could use siri to order an uber. There is this fierce war when it comes to Virtual Assistants. Apples siri, alexa, google assistant. These tech giants maybe could use Virtual Assistants to move hardware. For example, the team at forester think theyve sold 3 million amazon he can coast. Maybe you open it up and get a piece of that but first and foremost even before the Business Model all these tech giants and event, developers and consumers and investors that theyre all keeping pace with each other and whats thought about as the next great phase of personal computing, also today we think were going to get a makeover to apple music, remember, it was just a year ago apple music was the talk at this
We will get their takes on all the news of the day in just a second. First lets begin with the deal of the day. That is maybe the deal of the year, really. Microsoft buying linkedin. Jon fortt joins us with more. Hey, jon. We spoke to Satya Nadella in the last hour. I asked him specifically about the value that he saw in this deal, what are the crown jewels that linkedin has to offer in this acquisition. Heres what he had to say. These professionals are using office 365 on one side and linkedin on the other side. So thats one massive opportunity for us to increase engagement in both. Think about the other side of linkedin. It is about higher market sell and learn. Thats all business process. Thats a huge opportunity for us to integrate and expand into business processes with dynamics so those are the two sides that are both crown jewels of linkedin, but really, its about putting them together with the crown jewels of microsoft, that is office 365 and our cloud, and thats whats sort of