Committeement a pope heconomy. And more on the pope turkeys president says a bombing in the acapital will only strengthen the countrys resolve. Retaliation is promised saying the fight will go on against what it called pawns that carry out such attacks. 28 people were killed by a car bomb used against military buses. Our correspondent reports. Reporter the heart of turkeys capital dropped by a massive explosion in only four months after the last deadly bomb attack in this city. The governor of ankara says the bomb caused by a car bottom. The convoy was close to the military headquarters in the capital as well as the parliament. Security officials have said that the initial signs indicate the outlawd Kurdistan Workers Party or p. K. K. Is behind the attack. Translation the purpose of this attack is to intimidate our country and to inflict fear into our citizens mind. We all should be united because the terrorists are aiming to divide us reporter it has not been an isolated incident. In
Price. Also the pope at the end of his trip the turkeys Prime Minister said kurdish were behind the attack in ankara. The suicide bomber has been confirmed as a Syrian National. The blast on wednesday targeted military buses. Turkey has launched air strikes against kurdish positions in Northern Iraq. Translation the investigation into the attack continues. So far nine people linked to the ankara bombing have been taken into custody. Others have been identified. There will be other arrests in due course. Thats all the information i can give in detail right now lets go live to our correspondent in ankara. We can get more information. It was said this was a Syrian National who was responsible for the suicide car bombing and he was linked to the y. P. G. Reporter indeed. The information now that we are getting, as you say, is that the finger is being pointed firmly in the direction of the y. P. G. They are Kurdish Militia forces who are fighting in syria, but also have linked to the p. K.
Welcome back to squawk alley. Joining us as always, john ford. Joining us as well the cofounder of aol ventures. Good to see you this morning. Markets down 148. Simon brought you up to speed on the comments regarding oil and opec and would be Production Cuts. Well keep our eye on that. Bill gates breaking with tim cook in an interview with the financial times. Gates said quote this is a specific case where the government is asking for access to information. They are not asking for some general thing. They are asking for a particular case. Gates actually walked back some of those comments later in interview with the bbc in bloomberg saying he was disappointed with the headlines saying he was backing the fbi. He pushed for tech and government to strike a balance and additionally with charlie rose didnt answer it that plainly. This is right in your wheel house. Thats the general consensus view where you live and then your own view . Its a very thorny issue. You have zuckerberg, cook, dors
The markets and stocks soaring as the dow, s p and nasdaq saw their biggest threeday gain since august of 2015. Get this, since the august flash crash weve seen very similar eerily rallies where stocks surge only to return to new lows. So can you trust the rally this time around . Guy . Well, youre going to trust it if it closes above 1950. 1920, i didnt think it would get here on whatever today is wednesday so it got here. 1925. The bears needed to prove themselves on thursday, unable to do it and now the bulls need to prove themselves at the levels were currently at. 1925 to 1950. One of the things that we did say yesterday was the reversal in the Oil Volatility index, ovx made a change and closed on the lows and though crude closed unchanged yesterday it should be a bullish sign. For today that held true. Api stats out now, big drawdown and crude should rally again. Maybe we get another 20 handles or so on the s p. I can see it trading to 1950. I think it will fail if it gets there.
We are covering this story all day today. Your privacy verses your security. Apple is going head to head with the fbi and the tech giant is promising to fight an order if the federal government that could take them as far as the supreme court. This is all linked to the mass shooting in san bernardino. The feds want apple to unlock terrorist Syed Rizwan Farooks iphone. And a Traffic Alert for you this morning. It could put your weekend plans in jeopardy. Clearwater beach will close through the weekend. The closures begin tomorrow morning and last through late its 4 01. Lets plan ahead for the day when it comes to weather with meteorologist leigh spann. Were in a great stretch of weather and a lot of people will probably be heading to the beach, very comfortable. Polk county looks nice. 50 in tampa. During the day, we will see a breeze. Not too bad this morning. This is a forecast. Notice this is about 7 30, winds from the north at about 5 to 10 Miles Per Hour. Toward the lunchtime hour,