News of a fatal car crash. Phil lebeau will join usins moments with all the deal on that and the International Monetary fund says its identified the most dangerous stock in the world. Well tell you what that one is and what has traders so they are vows. First, well start with another Third Straight day of gains. Dow ending higher by 235 points and the s p gained more than 1 on the day, but we were looking at the internals, and its pretty curious. Its defense thats leading the way, like telecom and utilities and staples. They are trading like Growth Stocks, so whats with that, guy adalai lama, what do you think . First of all, sue, thanks for filling in, yeomans work and great effort by you. Ive got to tell you, that melissa lee, dove clock. I used to have to run for blocks to get down to the New York Stock Exchange when traffic is back and the poor thing has been sitting there like sweating. She will be here in a second. The irony, sue, is last night i slipped on to the set about 20 se
Mark im mark crumpton. Lets check with your first word news. I72 to 26 vote, the u. S. Senate passed a 10 week stopgap measure to ensure no lapse in government spending, funding democrats wanted to address the water crisis in flint, michigan, will be handled in a separate water bill. The house could pass it tonight. , kratz joined with republicans to and president obamas first veto override. Both house and senate voted overwhelmingly to allow families a 9 11 victory 9 11 victims to sue saudi arabia for its alleged backing of the attackers. The president has argued it could open the u. S. To lawsuits around the world. Bernie sanders and Hillary Clinton made joint appearances at the university of new hampshire. Sanders called clintons plan to provide Free College Tuition to middleclass families revolutionary. Senator sanders i want young people to leave schools excited about the future, the new businesses they will open up, getting married, having kids, buying a house, not being saddled
And tom keene. We are trying to understand the markets, especially the fears around the Deutsche Bank. Tom not only the fear and the crisis and the charts but exactly what is cocoa . Think an explainer is in order. Maybe by the end of morning we will be a little bit smarter s. Th these odd derivative francine crucial, we will find out more throughout show. Lets get straight to the first word news with Caroline Hyde. The first votes have been cast for the first president ial primary in the United States. These oldfashioned paper bernie showed that sanders got all four democratic votes. John kasich got three and donald trump got to. Bernie sanders is beating Hillary Clinton by double digits in some polls. In the republicans, the polls show donald trump well out overhead. Later today on bloomberg, a twohour New Hampshire special on with all due respect starting at 5 00 p. M. Eastern time. In germany, to commuter trains collided. More than a hundred 50 were injured. The area is not easy to
Less than we were initially this morning. All three major averages taking a hit, but the nasdaq only down. 25 at this time. You still have banks that are the worst performers here. Industrials and Consumer Staples also on that list. Still seeing some weakness along the large cap banks. Take you look at energy, only down. 1 . We have seen a turnaround in oil come a very dramatic turnaround in oil prices. Higher after we got weekly inventory reports that showed a building inventories. Crude a drawdown in inventories. That is what is pushing oil to that turnaround. Follow rightstocks along with it, even though stocks are still lower. In is in yellow, stocks white. They are moving pretty much in tandem as we do tend to see. Ive shown this chart on almost a daily basis. If you look on the other side of the coin, the socalled safety assets, you are seeing them give up some of the gains today. Gold has per those gains to 1. 4 . The same has happened in the bond market. If you look at the 10 y
The first word. Vonnie welcome back. It will be a major fight in washington. To actns are valid not on any Supreme Court nomination by president barack obama. Within weeks, obama is scheduled to name a replacement. , according to mitch mcconnell, shouldnt be filled until we have a new president. George w. Bush is campaigning for his brother, jeb bush. He didnt mention donald trump by name but he said the loudest person in the room is not always the strongest. Swift us angeles, taylor 13 Grammy Awards last night of the year. Um she is the first solo female artist to win that award twice. Awards, thear 15 most for any performer. He won top rap act. Global news, 24 hours a day. I am vonnie quinn. Lets take a look at futures. We are looking at solid gains across the board here after Global Markets rallied yesterday. The u. S. Is playing catchup. We ask a created 831 billion in market cap globally while our markets were closed. The Dow Jones Futures are up. Gaining almost 2 this morning. Ta