Did you spell Bed Bath Beyond wrong did you spell it ben the first time i wrote it. You say im a stickler for detail then they think i did this im like getting flack for something that you can you take it down ill talk to my people. U. S. Equity futures at this hour lets show you whats going on now. The dow looking like it would open up higher, 32 points higher nasdaq opening about 16 1 2 points higher. S p 500 looking to open a little over 3 points higher lets go over to asia. The nikkei off a bit the hang seng and shanghai are looking up if we fly to europe, we will show you what that picture looks like youre seeing green arrows across the board you would be happiest if you were investing in the index there in spain finally wti crude, buying it by the barrel, still over well, still way over 51 coming in on 52. 51. 74. Here are the big stories were watching our top corporate story. Shares of nike lower this morning. The Worlds Largest sports wear brand reporting a 24 drop in quarterly
Seven years of growth, auto sales are slowing down this year. As phil lebeau reports in this weeks cover story, there are a lot of forces driving changes in the Auto Industry reporter change at the top of ford is a big deal. Jim hackett takes over the automaker after the companys board decided to oust former ceo mark fields. Ford is hoping a new boss will push the company to move faster, especially when it comes to developing technologies like selfdriving cars where the automaker is fighting the perception its trailing competitors like tesla. The way were going to win the hearts and minds of everybody is have great ideas of work, and ford has put a decade into the av development, and its really coming along, and when were ready to talk about it, were going to be really clear about it. Reporter the pressure on ford reflects an industry on crossroads, from selfdriving cars built by forecast firms to the growing popularity of ride share companies. Many are questioning if consumers will so
This is the stoxx 600. Investors cautious today before speeches i donald trump and janet yellen. Stoxx 600 down by 0. 2 . Dollarg down against the , falling against all its major peers after the times reported that Prime Minister theresa mays team is preparing for scotland to potentially call for an independence referendum in march. The french 10year yield is down to 89 basis points. Emmanuel macron opening up his biggest lead yet over Francois Fillon. Lets finish up with gold, down 0. 2 . Gold will head towards 1300 in as inflationmonths expectations pick up real Interest Rates turned negative. That is according to ubs wealth management. Lets get the bloomberg first word news. Nejra the London Stock Exchange said its 13 billion tie up with Deutsche Boerse is unlikely to proceed after a new regulatory hurdle signaled a potential end to the effort to create a dominant european exchange. Officials had requested that the nsc divest its Trading Platform, but the nsc said it couldnt commit
Willing to speak with President Trump with the appropriate introduction. Cnbc europes Geoff Cutmore joins us live with the details. Hi, jeff. Reporter hi, kelly. This was ostensibly an event to talk about the arctic. And so we spent a little bit of time discussing the opportunities for cooperation between russia and other countries in the Arctic Community like the United States. But in reality i think there was only one question a lot of people wanted answered, so i put it. Lets listen. There is a Senate Intelligence Committee Hearing as to whether russia has used disinformation to affect the outcome of the last president ial election. Translator i knew it was coming to this. I wouldnt really like to have all this positive sentiment while were discussing the arctic region to be killed off by the issues in bilateral americanrussian relations, but i respect you personally and cnbc which is your company instructed most likely you to ask this question. Well, of course then president putin
Jobs report. Look that the, 2. 20 have not seen that yield at least in a little while. Thats what im going with. A little while. Lets start with the jobs report. Nonfarm payrolls above estimates economy adding 295,000 jobs in month of february. Unemployment rate ticking down to 5. 5 softness though wage growth and labor participation. Both weak average Hourly Earnings were up. 1 from the prior month. The stock futures were looking down now. They had initially jumped on the release, so well see where we end up in terms of early trading here and the response to this jobs number. We have breaking news. Its reported that apple is to join the Dow Jones Industrial average. Long last, perhaps as a result of the stock split, that is huge news clearly, for a lot of people. The dow would have done better than it has done had apple been included. Clearly its a sole performer. Could not have done that before it split 7 for 1, because its a price weighted index and throw it off so much. At 126 that