Still have some value in them. 2014, of course, marks cnbcs 25th anniversary. Earlier this year, we revealed our list of the 25 rebels, icons and leaders who had the greatest impact on the world of business, commerce and maybe even culture over the past quarter century. Now were going to turn to the future with our list of 100 who we say will have the biggest influence over the next 25 years. First to one of the great influencers, sue at the nyse. Oh, thank you, ty. All right. Well, we have record intraday highs for the Dow Jones Industrial average. The dow transports and the s p 500. So its starting out to be a very strong day. But oil is really the thorn in the side of the market. It continues to be under pressure. Right now we have west texas intermediate off just about twothirds of a percent. And ice brent crude looks like it may go positive. It just hit unchanged. Opec is slashing its demand forecast and outlook for prices ahead. Oil plunging more than 20 in the past three months.
Here are the stories we are watching ahead of the closing bell nomura is suspending a debt trader, matthew katz has been trading federalize Loan Obligations backed by highyield debt. The suspension is tied to his activities at rbs and nomura. This is according to a person with knowledge of the move. He is affected he is expected to plead guilty. This is for transactions backed by everything from mortgages to corporate loans. And though international is making a takeover offer for sale x pharmaceuticals. That is topping billions agreements to pay 158 a share. New york citys first new golf course in 52 years is scheduled to open on april 1. Now i know where my dad will be. Its accepting its first online reservations today. Its a collaboration between donald trump and Jack Nicholas making it the most expensive public golf facility ever built in the u. S. We have less than an hour ago hour to go before the close of trade. Scarlet fu is looking at the action on the street. Scarlet nothing l
Country is bracing for more protest, a day after at least four people were killed and some of the worst violence in weeks. Today islamist supporters of deposed president morsi challenge the military for a call for fresh demonstrations as the country marks the anniversary of the 1973 arabi israeli war war. Egypts second city, alexandra, the military deployed Armored Vehicles against the Muslim Brotherhood. Demonstrators were kept on the move. The same strategy in ca iro. Thousands of supporters of Mohammed Morsi demanded he be released from jail and returned to office. Many chanted slogans against the countrys military leader. Soldiers responded with tear gas and warning shots. Riots broke out across the egyptian capital, pitting supporters of the military regime against islamists. Supporters of the Muslim Brotherhood are getting angrier by the day at the militarys approach. Vote respected and we want our rights. We protested many different times. We have stood in the street for hours t
From Michelle Carusocabrera in a few minutes, but first andrew is here with the top stories. Thank you, becky. Hope everyone had a great weekend. In corporate headlines we have a big one, netflix need for speed at the center of the big deal. A new deal with our Parent Company comcast. The two sides have struck a deal under which netflix is paying comcast for faster delivery of the video streaming service. This marks the first such agreement for netflix and is sparking speculation that other content providers may also strike similar deals. Were going to talk a lot about this throughout the program with a lot of implications, also potentiality time warner. And the whatsapp suffering an outage it blamed on a malfunctioning networking router. The founder there issues an apology to 450 million users of the service. Last week facebook bought whatsapp in a deal that could be up to 19 billion. Im wondering if there were a lot of people who didnt know what whatsapp was and caused a problem. And
That started on the 2nd and accelerated the close on monday . How come these moves end so differently from how they begin . Dow roaring up 181 points today. S p vaulting up. And nasdaq rising, and we have to fall back on a real trading jeepious to figure this one out. Someone you wont see on the squawk boxes any time soon. We have to go to the real source leo tolstoy. Anna karenna. Each unhappy market thats unhappy in its own way, even if leos work still has relevance. Money is flowing in theyre all alike, but selloffs each time theyre pretty darn different. This one was one that the fed seemed to want to get tough on and bankers are pumping out stock and hedge funds that are put through the chipper shredder. Certainly black to tolstoy, we have to throw some russians into the mix too. Plus the declines occurred during a news vacuum. A vacuum that made people feel like things couldnt be good. Because the smattering of news we have got since last earnings season was tepid. With the only