Killed and more than 1,100 injured in crashes involving a distracted driver. It is a staggering statistic. Lives at stake. Now a report shows one possible solution isnt helping to stop the problem at all. Our question, how do you think distracted driving should be prevented . Arrests . Preventative technology . Selfdriving cars . Go to cnbc. Com and weigh in. First to sue who is here today. A big down day for stocks and been a volatile day, as well. Lets check in on the numbers. The Dow Jones Industrial average is off triple digits off 142 points better than 0. 75. The s p is down about 14 points. The nasdaq off 0. 75 . The russell 2000 off 0. 5 . The ten year note has been a recipient of much of the flight to safety today pushing the yield down to 2. 36 . We are watching it very, very closely. More on the trading action Morgan Brennan at the nasdaq following the big movers over there. Bob pasani from the floor at the nyse. We are essentially at the lows of the day. No bounce after the
Global stocks on track since 2012. We begin with the final trading day of the month and quarter. Hong kong stocks closed lower amid continuing protests. Paypal will be spun out to its own publically traded security next year. The stock spiking this morning. We have more from ebay ceo john donahoe. Caseshiller home price numbers are out. Well talk with Robert Shiller first here on cnbc. Well discuss that decision by ebay to reverse course for something the company was articulating was not a good idea, namely splitting itself into its paypal. Ebay represents more of the profits, but is not growing as quickly as the paypal business. I did have an opportunity to catch up with ceo john donahoe late yesterday. When he was fighting with carl icahn in a proxy fight earlier this year, he said a Payment Network needs a Commerce Network bike ebay. Its no wonder they are getting into payments and Payment Companies are getting into commerce. Ebay helps accelerate paypals growth. I asked mr. Donahoe
Management we dont talk about it enough on this show. Once money has been given enough to a specific business sector you have to stay within that business sector no matter what. Today, with the dow dipping 15 points nasdaq climbing. 02 , we saw this dip large, and to find the winners and losers with a host of secondtory sectors and i bet it will do the same thing tomorrow so listen up. The history of tech in the last year is pretty darn interesting. For most of 2014 money will be pouring into what i call plain vanilla technology. The Power Industry the cell phone, what do stocks have to do with Enterprise Spending theyre the back bone of modernized computer business. Slowly, though the interest of what some have described as old tech have gone away. The intel with microsoft and what they need to keep their stocks roaring, they gave you remarkable lines in 2015 guys those were the standouts. Those were a bit of can you do better than that in both of the quarters. Now, if you believe tha
Win streak. Data coming out as well. Ibm kicking off its investor day. Ceo ginny rometty. An exclusive interview. Net neutrality, the fcc taking up what has become a contentious issue. But waiting on important details for Internet Companies like google and netflix still to be determined. First up wall street digesting Economic Data ahead of the opening bell. Consumer prices down. 7. Strip out food and Energy Prices up. 2. Durables nice, above expectations, above 2. 8. Weekly jobless claims jumped to 313,000. Dow closed at record high. Nasdaq ended the tensession winning streak. Within a stones throw of 5,000. A level at which its closed only two times in history. Take it out today because theres a lot of good chatter in individual tech names. I would tell you we had a gauntlet this morning with the runthrough. When you get through a gauntlet nothing that is earth shaking, whether claims durables, inflation. Ive got nothing earth shaking. I dont feel its going to do anything other than
East and africa were disappointed. U. S. Saw the kleins of 4 u. S. Saw declines of 4 asia, middle east and africa saw declines of 4. 4 this read is not something investors would like to hear. If you look at the share price it is down by 1. 8 . Betty and it might go lower given these numbers. U. S. Sales down 4 . Incredible. Scarlet mcdonalds japans february same store sales fell 29 . A sense of the challenges mcdonalds faces. Mcdonalds had some issues in japan, particularly they could not sell french fries because of the port strike on the west coast. That gives you a sense of the difficulties in the asiapacific region. Betty and the difficulties for Steve Easterbrook as he takes the helm. Thank you, scarlet. Lets look at top stories. Europes central bank taking the first steps towards boosting price growth in the region. The ecb buying german and italian bonds. Those insecurities and french notes are being bought. A part of quantitative easing. Officials saying the new greek plan to a