All week long. We will get you ahead of the trade there. And big trouble in china for two big american brands, mcdonalds and yum under fire for poor food quality. Both stocks are down today, largely in response to word out of that very important market. And the terrible drought in california may be about to get a lot worse. We will tell you about that. First first, lets check in with sue at the new york stock exchange. Sue . Good to see you, ty. The stock market starting down on this first trading day of the week, off the worst levels of the day only off 74 points now. Bob pisani joins me here on the floor of the nyse on the emerging threat from overseas, the potential really to rock markets around the world. And is something that youve covered for us before in its initial stages. Things have changed. The middle east is a hot investment plane, property markets are on fire there sunday, the dubai stock market dropped almost 6 . We covered a little bit in sunday trading, cube bind the mi
But, kelly, you do have a very special lineup of guests coming up from vegas there, dont you . Oh, yes, we do. We are live here at the home depot Managers Meeting in the mandalay bay, where, yes, there is some betting on march madness also going on. But in the next hour here home depots new ceo will be with me exclusively for his first interview since taking the top job. Plus, a whole lot more. In fact, we have several ceo interviews. Well talk about the strong dollar. Were going to talk about Different Things in the consumer and in the gambling space right now. And we might find out what the value of my college ring is with Rick Harrison. I know you were wondering what to take. Youve got your college ring. Youre going to find out what Rick Harrison of pawn stars thinks of that. Wayne newton is also on todays program. Youre going with the full star board here. Ill just say Rick Harrison broke my heart and leave it at that, until we find out what happened this morning. By the way, we sh
Least one helicopter. There are cabots today on both sides. Plus a new report from Financial Advisers. Hi, ty. We start this hour with jobs in the usa. The market we actually may be muted for a couple reasons. Low participation, and the new violence in ukraine and the real threat of war. The s p 500 is still positive. Nasdaq is positive by about a tenth of a percent, and the russell 2000 is positive as well. The tenyear note, the yield is 2. 59 . Bob pisani, Kenny Polcari are standing by, but first, steve, that 288,000 created, enough to move the market, but its the Participation Rate, the lowest we have seen in some time, that seems to be a bigger social sure. Issue. I think this jobs report, at least the establishment side, the one that asks employers how many they hired, its Strong Enough to prompt what i think is a rethink of the economy, maybe even fed policy for some. Here are the numbers were talking about, 288k can a margin revision of plunging Unemployment Rate from the househ
Getting a seat using your airline miles. Tell me about it. It really isnt. But now some good news for frequent flyers. First, though, lets check in with sue at the nyse. Hi, sue. Hi, ty. Day two of yellens testimony on capitol hill. So far the markets like, once again, what theyre hearing. The dow is up 88 points on the trading session. A bounceback for the battered nasdaq, which is up a half percent or about 21 points on the trading day. And were up 6 3 4 points on the s p 500. Bob pisani, Kenny Polcari and a cnbc market analyst are with us. Its not changed from yesterday, decidedly, but the market seems to like it just as much as it did yesterday. Of course they did because what did she say . Theyre not going away. Rates are going to stay low. Where else are investors going to go . Look where we are. 1885, unable to really break through. We just cant get through it. We see it every time we get here. Three things are helping the markets. Number one, dovish central banks. Not just yell
Giant posted weak quarterly numbers and cut it fullyear guidance. Online is a big issue for them. Despite it all, u. S. Stocks are moving once again higher. Right now, the dow industrial is up about 43 points. To bring us up to date, lets go to sue at the new york stock exchange. Its kind of an upbeat mood down here. Well start with the Global Markets after tough numbers came in from europe showing some weakness. Michelle carusocabrera is our chief international correspondent. Three bad pieces of data out of europe today. Germanys gdp declined the 0. 2 . In france, zero growth for the Second Quarter in a row. And eurozone inflation data weak and meager, raising fears of fullon deflation, perhaps a decline in prices. The euro hovering near ninemonth lows because there are expectations the ecb will have to do more. The german stock market initially moved lower and then recovered because of what was happening over in russia. The president of russia making very dovish comments, Vladimir Pu