470 of them front office jobs. Now to carl cant ania and the beginning of squawk alley. Good morning. It is 8 00 a. M. At apple headquarters in cupertino. 11 00 a. M. On wall street, and squawk alley is live. Good tuesday morning. Kayla is off, but with us as always john and myself at post nine. Joining us today jessica lessen, the founder of the information and cnbc contributor. Jessica, great to have you with us as well. On a crazy day, cramer called it an emotional opening, and it was certainly that. Were well off the lows. Oil has gone green after a miserable morning. Lets start with the markets falling, of course, since the open right now. Dow down 86 points. S p is down about seven. We mentioned oil going positive. Our bob pasani on the floor watching everything. Bob. We are in the middle of a modest rally. Remember, we were we got down 20 points in the s p 500 right at the open, and we have more than half that with the s p down only six points. Lets take a look at the market int
Hollande is arriving for a meeting with the president. Gdp revised up to 2. 1. Caseshiller is out on your screen. Our road map this morning, the latest on the fight against isis including angry remarks from putin after that russian jet was shot down by turkey. And a couple more deals, nothing like yesterdays major deal. But 2. 5 billion Semiconductor Deal and a billion dollar acquisition in the food business. Shares of tiffany down big. First up, concerns about geopolitics weighing on futures. This russian warplane was shot down by turkish jets along the syria turkey border. The turkish Prime Minister said his country had the right to respond when its airspace was violated despite repeated warnings. Putin said this event is beyond the normal framework of fighting against terrorism. Of course our military is doing heroic work against terrorism, but the loss today is a stab in the back, carried out by the accomplices of terrorists. I cant describe it in any other way. In about an hour fr
Did dip below 40 per barrel on west texas intermediate, we saw that move happen for some of the big energy names. That is certainly a part of the market to focus on as well. Numont mining is one of the bigger names out there. You look at yamana and some of the other goal miners. Theyre also doing well. The gold miner etf also performing well in todays session. As we watch, were going to focus, guys, kayla, kelly, john, on Interest Rate sectors. Also whats happening with gold prices and gold miners, and those opec headlines and that big oil trade today. Some of the stocks will be a huge focus. You know, apple, one of the big strong guys today. Its not necessarily an nyse related stock that we talk about all that often, but it is still a dow member even though its not perhaps traded here, so thats something to watch. Back to you. Thank you so much, dominik, on the floor of the stock exchange. Technology as a sector has gone positive for the week, and we have a lot of news to get to this
Gains overseas, and nearly 3 rally in oil prices. All ten s p sectors are in the grin pushing the s p back into positive territory. Talking about is it finally here. The market seems to be just going up and down with the price the longterm trend it looks like its going to raise rates. Thats not you really we saw stocks despite the continued massive drop in oil. Well, i think, mandy, what you got iran, for instance, comes on the market. The opposite it went in the opposite direction when he did that. Same thing with our fed. Oh, this is going to strengthen the dollar too much. Were going on see the euro fall apart and the dollar is going to rocket up. Opposite happened. When iran comes on with additional supply of crude oil next year, doesnt mean that crude oil is going into the lower 20s. I think the read might be just the opposite. Dave. Look, weve seen markets go up during the year despite oil being a one way trip down. Yeah, were finishing up the year. Flat on the s p. You got to lo
Percent or 29 points. Thats where we stand right now on this monday. Well, despite disneys new star wars movie absolutely crushing it over the weekend, crushing all box office records, in fact, the stock keeps on falling. Its down another 1 today. So youre looking at trading since friday, if we can bring up that board as well. There we go. Down from the 112 range to the 106 and change range as we see today. And, mandy, the driver here has been the btig media analyst rich greenfields two cnbc interviews in two days. Watch this. Disneys earnings expectations for fiscal 17 and 18 are simply too high. Were 5 below the street for 2017. 8 below the street for 2018. Bob eyeinger is not being truthful about the ability for espn to go direct. Do you think more than half the households in the u. S. Would say i have to have this. Youre saying hes straight up lying . Were saying hes not being honest with investors. All right. There you have it. Lets bring in martin pyykkonen, Senior Research analy