First tonight, tracking this major winter storm at this hour. More than a foot of snow around denver. I70, the accidents, the shutdowns. Some cars stranded for 17 hours. Severe storms from texas up to ohio. Tornado watches up right now across multiple states going into the night. And whats coming to the northeast tomorrow. Ginger zee timing this out. There was also Breaking News. The jury right now deliberating the fate of the father charged in his sons Deadly School shooting. What we learned just a short time ago. News on donald trump tonight, and that word just in from the florida judge in the classified documents case. What she said about one of his motions to dismiss, and what she signaled in court today about the case overall. The Breaking News here in New York City. The images coming in after that shooting in a subway station. Authorities say a man shot in the head, in Critical Condition at this hour. Subway Riders Ducking for cover. Just days after the National Guard was sent in
Its on spotify right now. We aim to please. It seems like we have done this morning. Lets get into the market picture. A very rosie market picture this morning. Futures were as much as 200 points higher moments ago just shy at the moment on the dow 192. 4 to be precise. The s p higher by 14 the nasdaq up 22 markets did pull back on friday albeit only slightly closing down. 2 and the s p a little bit more that for the nasdaq for a week performance was fairly divergent. The dow was up 3 . Dow up 1. 5 the tax reform bill well discuss that passed the market late friday night. Ten year treasury note has responded as well in a risk on fashion somewhat weve seen the yield move up a little bit, 2. 39 closing on friday at 2. 36 over the weekend ticked up a bit. Crossed 2. 4 but is just below that level. More on the markets, but first to our top corporate story, cvs is buying aetna for 69 billion. Our Bertha Coombs is joining us on the cnbc news line with all of the news. Good morning, bertha. R
And dialup shares slide after the german chip maker says apple could design the car chips in the next few years. Takinga look at the European Market this morning you can see there is a lot of green on the board there across the europe 600 you can see a rise of almost 3 4 of 1 if you look at the specific sectors driving that upwards movement we can have a look right across some of those sectors in particular industrials doing very well this morning. Up almost 1 1 4 and take a look at the European Markets across the wide sector. Ftse 100 there up 4 5 of 1 . The cac karant up 1 lets talk about trump and tax in the United States he says confidently theyll reach a deal after the Senate Approved its version of the legislation over the weekend the plan includes cuts to individual taxes and the corporate rate by nearly 1. 5 trillion over the next decade but it eliminates some popular tax breaks a Nonpartisan Group says it could add 1 trillion to the deficit. Theyre reconciling their respective
Probe makingrussia itself felt across the world. Have a look at gold. This is chart 6129. Fridayback into gold when the news came out that thatel flynn will testify President Donald Trump instructed him to reach out to the russians. We are under 30 minutes away from the open. Lets find out more from sophie. Could berustrating , today looking like. Afternoon,ndia this but looking at the moves in singapore, taipei, lets take a look at the open. A fairly mixed a session so far. For singapore, but some pressure for stocks. I want to show you this chart. This is one of the big moves so far this morning. Chart 6173, tax concerns outweighing the Michael Flynn drama. The 10 year treasury yield is climbing up of 2. 4 this morning. Even as the dollar is rising, we are seeing bearish dollar positions rising again despite the positive economic actual for the united states. Holding a the kospi threeday drop with the korean won under pressure. ,his is the yen is slipping 112. 78, and the aussie unde
Lets check the markets. The europe 600 on a tear. Higher because of expectations of tax reform in the u. S. And what that can do not only to the dollar but to the world economy. It could make the spirits of the u. S. Move up a touch. Lunch in brussels. Will they are will they not . To severalspeak groups interested in brexit. Lets get to the first world news. Sebastian in the u. S. A Senate Investigation of the russian meddling in the trump case a instruction of justice case is coming. This is from Dianne Feinstein after Michael Flynn pleaded guilty to line to the fbi. I think we are beginning to see the putting together of a case of objection the case of obstruction of justice. I think we see this in the indictment please that take place in some of the comments being a. I see it in the hyper frenetic attitude of the white house, the comments, the continual suites. U. S. House republicans are drafting a contempt of Congress Resolution against members of the fbi. They claim that the rem