You are watching the pulse in london. I am guy johnson. France being not here today. Francine not here today. Lets talk about the day after draghi. The president of the central bank outlined the timeline for his 1 trillion euro q. E. Program. The central bank will stop eyeing bonds on march 9. Buying bonds on march 9. Draghi at this point in time, we see absolutely no reason to think or plan or act in any different way from what we planned, namely purchasing of 60 billion euros a month of securities on till september 2016. Or beyond if needed. Guy mario draghi also announced that the ecb had extended emergency funding to greek banks by 500 million euros. And stood ready to resume by greek debt by july if greece repays bonds due by then. The political pressure from the euro Group Members shows no sign of easing. Yesterday i spoke to the maltese Prime Minister. He is insisted the country wont take a haircut on the first greek bailout. Prime minister of malta we are the biggest contributo
The opening bell. After three months of talks creditors failed to unlock eight. Counterparts and thing in namecalling. Greece said laws will be presented on wednesday. Facebook interesting video calling in its messenger app. It has more than 600 million monthly users. The features are available on appless ios and and and googless android. Multiyear contracts with stocks. It will put its logo on stocks. Mba says the league has generated triple digit growth in the stock category over the last few years. Less than an hour to go to the close of trading area we want to get to our breaking news desk where scarlet fu was looking at action. Lower here. There really were a lot. Reports that china is considering buying local government greece reshuffling its bailout negotiating team. Things started turning south. Falling within the biotech and nasdaq fared only three members hired 30 gives you some sense and that is helped pull all of the major averages. Snapping a fiveday rally. The nasdaq retr
To lower 50s. Reporter will take the kids all the signs proclaiming today with and do that and also work on your taxes but outside maybe have a picnic afterwards and celebrate. Here is a lot of the outside of sfo because of the weather is the chicago today looking at the laser has a lesson that could be impacted your flights out of sfo. Reporter 39 santa rosa still to star for the usual suspects this morning 46 of fairfield 49 instead mid40s a little more of the forces in central japan low fifties in downtown San Francisco. Reporter continued mild temperatures and will see even warmer conditions tomorrow and saturday. Reporter pretty pleasant low 60s in San Francisco 56 in oakland low 70s in fairfield antioch the livermore 70 in san jose 59 in this city and for the north bank 57 santa rosa under certain conditions and 72 for our friends and apple. Reporter more sunshine for the next several days i am tracking a slight chance of showers attention in their 80s and land next week on thurs
Today will be the tiebreaker at least but it just tells you a lot about the month. Its been up its been down. In fact an even number of times. But whats also interesting, lets all remember this is the day before the fed announcement and usually you get a very quiet day ahead of that and youre getting anything but right now. Triggers arent taking a stand either up or down ahead of the fed meeting. Final hour of trade begins with the dow down 129 points after a strong session yesterday. Interestingly, its not like yesterday where all the indexes were up by about the same amount. The dow is giving up almost 0. 75 . The s p doing better only off 6 points. A third of a percent. And the nasdaq did turn green on the session. Its up by almost 7 points to 4,936. Some interesting moves. Lets see what oil has been doing as well. Down another 73 cents or 1. 6 . Were sitting near sixyear lows for the price of oil, and i happen to know also that the price of gold has been very volatile in todays tra
The way, lets look at how theyre doing. Theyre up. 9 . Lets look at the s p 500. There is the number on the s p. Down 23 points. Thats more than a 1 slide after hitting records, as you probably recall or maybe you dont, earlier this week folks. The euro getting closer to parody with the dollar. There is the euro. Down today. 108. Just takes 1. 08. Remember it was just weeks ago, mandy, that it was well below 2 . Thats absolutely right. Okay. Were also watching oil. Were only 90 minutes away from the close. It will be at 2 30 p. M. Eastern. In the second hour of power lunch well bring that number to you. The market is oelg off after the better than expected february jobs report. What has investors word . Lets bring in Burns Mckinney, Portfolio Manager at andrew maury, he is Portfolio Manager of the morning star five star rated aston lmcg small cap growth. Good to see you. Really feels like the market is having a bit of a tantrum here wrush know the jobs resetting the fed clock, and the