I was told this weekend there was no sun in london since september. What an exciting week in the end up in paris later this week. A few things are going on. Jobs data onhave friday. Its going to be a very big week. Here is vonnie in new york. Vonnie good morning. More than 140 leaders will try to reach the First Company to deal to curb Greenhouse Gases. President obama and other leaders are in paris. There is broader support for a deal that was the last conference six years ago. One Sticking Point is how much power countries will cut their omissions. A demonstration turned violent. The french president and police were involved. Police arrested more than 200 demonstrators. France had been demonstrations as part of security members measures. The eu and turkey have agreed on a deal to slow the flood of refugees to your. Turkey will increase his poor control and the eu will give the turks 3 billion to help refugees. The university of chicago has canceled classes after receiving an anonymou
Soaring. Buy. Is a lot of k cups to Ramy Inocencio has the latest. To date rebounds on friday and were back down again. Ramy investors are giving up some of their gains, but today the stronger dollar is a bit of a wait on the markets. The s p down by about 11. 7 points. I into my bloomberg terminal, want to show you the health of the s p. , andan play along at home you can see the Energy Sector is the biggest lag or. Lagger. It has accelerated losses, down about three and a quarter percent. You can see all the other sectors from Consumer Discretionary to financials and health care down by only half a percent or so. The Energy Sector definitely taking a beating. You can check out all of securities. Based on the weight on the s p, exxon is down by about two and a half percent and chevron down 3. 2 . Definitely Energy Taking a hammering. Betty because oil is back down below 40 a barrel, right . And oil is falling again, this is for the second time in a row it is below the 40 a barrel mark
To one particular factor. So many things going on. Earnings season has begun. Oil prices were lower again. We got down below 250 on the 30year 30year. Below 1. 9 on the 10year yield. The president met with congressional leaders. Theres talk they were talking about trying to think about military action against Islamic State militants. So all kinds of things going on simultaneously. Not only all of those factors bill already mentioned, throw on top of that whether the European Central bank might see a block offing blocking of its quantitative easing. Well talk about more on all of that with our panel in a second here. Again, to tell you where we stand going into the final hour, the dow is off 118 points. The s p is giving up 16. Look at that were almost right back at that 2,000 level on the s p. The nasdaq meanwhile down about 27 on this tuesday. Turn around tuesday if you will. Weve had two turn around tuesdays today all in one. Joining us in our the closing bell exchange, theres amy wu
Alcoa kicking off earnings season. Europe was missed and the nikkei was up about 1 . Our road map begins with history in the making. The president set to nominate Federal Reserve vice chair janetijanet i yellen to be the new chairman of the Federal Reserve. If confirmed, shed be the first woman. Young, costco and Family Dollar all down after issuing disappointing results. First up, though, history is about to be made in washington. The president will nominate fed vice chair janet yellen to replace chair ben bernanke. If confirmed, shed be the first woman to head any major world central back. The official announcement taking place at 3 00 p. M. Eastern time in the east room. Jim, its been said theres one less uncertainty that we have to worry about. Breathed a sigh of relief. I felt a sigh of relief because its just nice that something came out of washington that, well, just happened and immediately we saw reaction that, well, corker, my love because he comes on squawk might be against.
To hit a new alltime high. Were very close to that, as a matter of fact. One question here at the schwab Impact Conferences, whether or not the individual investor is back. Theres a debate on that issue in certain circles. Probably nobody has better intelligence on that than the man who runs schwab, ceo walt b bett bettinger is with us. In fact, schwabs stock is at a multiyear high as a result. Here we go again, my coanchor, the budget battle could be hitting an impasse already. Taxing the socalled rich more is apparently back on the table for some top democrats. There is already concern this is a nonstarter for the gop. So, the question is, are we setting ourselves up again to go toward the brink, as we did a couple months ago . Well lay out whats being targeted and how much it might cost you if you are considered wealthy by washington, d. C. Deja vu all over again. For sure. Lets check the markets as we approach this final stretch for the day. The Dow Jones Industrial average showing