Those blasts sent massive fire balls into the nights sky. The initial blast erupted at a warehouse for Hazardous Materials and triggered other explosions at nearby businesses. Those explosions could be felt miles away. The cause at this point not immediately clear. Lets take a look at some live pictures this morning from tianjin china. You can still see the smoke cloud billowing. We heard from hyundai. Well take more of a look at whats happening with china in a bit. About 4,000 imported vehicles were destroyed by that blast. Heres the big stories today, China Central bank holding a News Conference in beijing overnight arguing theres no basis for continued currency depreciation. Earlier in the day they set the rate below yesterdays close. Well have a live report in a moment. Athens wants to see a vote before a euro zone identifinanc meeting tomorrow. It argued it lacked clarity on the direction of policies. Here in the u. S. A busy day on the data front. We get jobless claims, july reta
Courtney reagan who is in for sara today who is on assignment. Good morning. Good morning. Lets get straight to the market action. Rallies across the board. Record highs across the board yesterday as we said already. The dow, s p, the nasdaq, russell 2000, s mid caps and th dow all hitting fresh highs yesterday. Extraordinary stuff. Broadness of the rally. The dow called higher this morning by 42 points. S p by 3. Nasdaq by 3. 5 points. U. S. Equities doing well. We also saw equities in europe do well yesterday. Lets look at what the euro did over the last 48 hours or so. It moved very sharply. Initially going about a percent higher. When the decision from the ecb was announced, the market was focusing on the fact that the monthly size of purchases was reduced, there fourth euro rallying on the expectation, that meant stimulus was being withdrawn. About an hour later, when the press conference began, the euro fell sharply. About a percent and a half down for the day. That was when mari
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Situation very closely. He will have to make the final decision on what to do next. But he did admit the french authorities did know ta these attacks, attacks like this were a possibility. Well continue to update you as things progress. All right, hadley, thank you very much. We will continue to follow in this morning. Obviously, this is a rapidly developing situation. Michelle Caruso Cabrera is back at cnbc headquarters and following these developments as well. A little more we can add to hadleys reporting is we believe they are holed up in some kind of print works. Thats what reuters is reporting that large building that we see there, its not quite clear what that is. It is a small town of only 8,000 people, but its an industrial down. One of the wires interviewed a plumber who lives several doors away from apparently where the situation is unfolding. He said this morning, he did not go to work because he heard gunfire and then the municipality has posted on their website that everyo
Crude oil does figure very prominently into the movements of our market. As you can see, wti down again. Not a great deal but down again this morning. As for the tenyear note yield hovering around amazingly enough that 2 level. That is exactly where we find ourselves at weekend. The first full trading week of 2015. We are going to have more on the jobs report in a moment. Our road map starts with continuing terror in paris. Multiple hostage situations unfolding. We are going to bring you the latest details throughout the show. Here at home the december jobs report comes in above forecast. Well get the administrations reaction from labor secretary thomas perez. First on cnbc. Nelson peltz launches a proxy fight for four board seats. Jim and i both will have more on that impending battle. December jobs report shows nonfarm payrolls rose 252,000, above forecast that were around 240,000. Unemployment rate down to a 6 1 2 year low. It is now 5. 6 . Some of the decline reflected people leavi