But its a mostly positive picture in europe and the roadmap today starts with what else but the markets set to open higher yet again after comments from russian president Vladimir Putin but with the fed meeting kicking off today will stocks go back to trading on news from this country. After a long wait one of microsofts flagship programs is coming to your i pad, well tell you which one in just a moment. And theres a new player joining the used video game market and its the biggest retailer in this country. Find out if used games will boost walmarts stock a little later on this hour. Wow, we got a big day, jim, and most of the news today, the news flow, is coming out of russia. Yes. Putin is responsible for the futures being higher. Well, obviously took a big position at the close. Do you think that do you think facetious and here comes another facetious comment. I saw you said that norway and ireland are down. Dublin and oslo worried about putin coming in there. I love the idea that s
Marked to march 9th, 2009, five years ago this coming sunday, so happy pains bottom anniversary. A new report that Shows Americans have never been wealthier, but theres a catch. You had to be in the stock market to the benefit. Michael farr will be with us to make the case that you have to be in it to win it. Thats especially true for young people. We have the facts and statistics to back that up for us. Something he says is the case even at these levels today. If you missed out five years ago or five months ago, hell make the case for today. Could the crisis in the ukraine still end up being a speed bump for the market . Both sides digging in ahead of next sundays vote on who will control crimea. The current Prime Minister saying he will allow russia to take it back. If no one blinks, will is the stock market look vulnerable again . Also, what could be a gamechanging lawsuit in las vegas. It sounds frivolous. A gambler, he dropped half a Million Dollars, is suing to get it back claimi
What is the oracle eyeing right now . He spoke with becky quick. Well find out this hour. Stocks, of course, tanking today but over the past 20 years, equities have had some of their biggest gains right now in march and april. So if you can play past the world events is there a buying opportunity . Well find out but first lets check in with sue at the nyse. You might have to have a strong stomach to buy today because stocks around the world tanking on those fears about russias moves into ukraine. The dow posting its biggest oneday drop since early february. We are down 192 points. That is off the lows of the trading session. Europe ending deep in the red in many cases. Germanys dax down 3. 5 . In france, the cap down more than 2 . The brics taking it on the chin. Russias stock market down 12 today. The currency, the ruble, hitting a new record low against the dollar. Russias central bank dramatically boosting its key lending rate by 1 1 2 Percentage Points to 7 . They are trying to pro
Sell, keep putting money into equities and mutual funds, take something off the table, put it into bonds, cash . We will give you answers and advice in the next 59 minutes. Lets first check in with sue downtown. Im just looking at the markets, ty. Despite the big jobs number, not the greatest day for stocks. We are far off of our highs of the day. Right now, the dow is up 22 points on the trading session. The nasdaq is negative, down about half a percent. We are fractionally lower on the s p but check out some staggering stats we found for you. The current five year bull market is the second strongest since world war ii. It is the sixth longest on record and the bull run ranks fourth in terms of the strongest bull markets of all time, according to the people who rank bull markets. Gold up 47 from the market low on march 9th of 2009 and crude up more than 110 since that particular point. So kenny pulcari joins me now. We were anticipating this number all week. Everybody said if we get a
The roadmap begins with the markets looking to rebound as tensions in the ukraine ease at least for the time being. Gold pulling back from that fourmonth high. However, putin still calling the situation in ukraine an unconstitutional coup, well go live to kiev for the latest developments from the region. And shares of radioshack dropping almost 30 in the premarket after the Company Announced its closing 1,100 Underperforming Stores. But well begin with the markets as we said trying to rebound from the selloff yesterday despite the turmoil in ukraine, futures in the u. S. And shares in europe pointing sharply higher following reports that Vladimir Putin has ordered his troops to cease military exercises along the border with ukraine. His argument was that those had been in the works for some time. Obviously theres suspicion around everything he said, but for now it looks like an escalation is maybe off the table for today. No need for military action is the i think the standout quote fo