Keene. Good morning. It is on that your screen. To 10. 7 . S rate falls you are back to 10. 7 . That is a loose labor market. A lot of moving parts and then on to paris on friday. And then the meeting of the mayors in paris. Lets get to vonnie quinn. Vonnie good morning. We begin with russia. Call for ated a oneonone meeting. That turkey shot down warplane, there cannot be a talk about a coalition. David cameron has called for a vote tomorrow on extending british airstrikes into the Islamic State. Order the wouldnt attacks unless he knew he could win a vote. That has led to a split. Jeremy corbyn opposes the attacks. Other members are in favor. Adding new screening requirements for 38 countries to come to the u. S. Without a visa. Includessays that radicalized europeans who could make their way to the u. S. Minister isme telling people, come to paris. It is perfectly safe here. Torres to come to the city of light and spent the money. Deployed soldiers around paris. Beijing, the worst a
Morning. Five banks have been hit with major fines. Kayla tousche joins us on set with some of the details. This is the settlement weve been speccing for weeks, for months. An 18month investigation by authorities in the uk as well as the uk as well as switzerland have announced a joint settlement with five banks, urging them to pay more than 3 billion to settle charges of key Foreign Exchange rates in the 4 00 hour is when most of the activity, according to the press releases, happened. Its going to be a costly one for many of these banks. Ubs will pay the most at about 800 for a threeway settlement. The cftc in the u. S. And the federal authority, as well. Citibank will pay 668 million to the fca and the cftc as that Bank Adjusted earnings by 600 million just a few weeks ago as it was setting aside more money for this settlement. Jp morgan chase will pay the two u. S. And uk regulators. Hsbc, 618 million. Even though these are pretty big sticker numbers, guys, it does seem like pretty
About three points going lower here, and the nasdaq were keeping an eye on that one. Its going to be all about the nasdaq this week. Eerily similar to the exact same time of near 15 years ago the nasdaq closed at alltime highs. Its closing in on 5,000. It just turned negative on the session. Were off five points. 4,963 is the level. Were talking about 35 points away from crossing 5,000. Well have lots of numbers coming up on this. Obviously on an inflation adjusted basis you would have to of that index at 6,800 to have it equivalent you could argue. You have that number just right at your fingertips. We were just looking at it but a lot fewer companies as well. In the nasdaq this time around you have Something Like 2,500 companies versus 4,700 last time. Janet yellen getting grilled by the house on the feds independence. They were pretty feisty. Well get reaction from House Financial Services Committee Chair Jeb Hensarling coming up later today. They were really going after her. Oh, ye
Are doing so well for mcdonalds. Leading them right along. It is a top performer on the Dow Jones Industrials. Mcdonalds, we have to take a look at it. They are november sales are coming. All of these worries started to brew whether or not they donalds would launch a deal. They are back. They have winning numbers. They show growth of 2. 4 . As i noted, breakfast meals doing well here in the states. Of 0. 89. Allost 90, 89. 37. The Dow Jones Industrials, right now, are up one quarter of 1 . This is after wreaths. Weeks of gains. Last week, we gained about 130 points. The traders that i have talked to, continue to say the trend remains to the upside. Back to you. Connell thank you. Dagen president obama pushing his plan for dealing with the fiscal cliff in detroit. Connell peter barnes is in d. C. With the very latest on all of this. Peter neither side is dishing on the meeting yesterday afternoon. Both sides issuing identical statement that said the lines of communication remain open. T
Ukraine and the pro russian separatists. No letup for a bruised market. Ukraine, troops at the border. The futures do rise. It is a money and murder investment, cia kraft will make what is its largest acquisition ever. Citi reports stronger than expected numbers. The stock is rising, headcount may not be. Get a new friend request. Facebook looks into whats next, yeah, a digital currency. First up after a rough week on wall street, stocks are poised to open higher this morning. Retail sales rose a better than expected in march. After the nasdaq closed below 4,000 for the first time, s p and nasdaq each suffered their first Weekly Performance since june of 2012. Jim, on friday, you had a playbook of sorts to get us through the week. Namely around companies that are going to report, coke, ibp, google and others. We are trying to see whether the value of revolution continues. Cocacola i dont expect to be good. If that works, which would be similar to what General Mills had last week and ke