How about this every year you get that within gift you are like what . Wait, wait, really. So, i want to give you an example. Yesterday we are opening gifts my parents are probably watching im calling them out. My dad got these pants for christmas. He is very excited about them. Im like, i dont know if you should wear these. We will show them to you soon. They are bright. Look at how bright they are. Okay. Okay. See him coming down the street. Yes. Who did he get the gift from. My mother. He is all aboard. He loves them. That is a cool summertime color. So tell him to hang those. My daddies probably wearing them right now. Do you remember cross colors. Yes. Or it can be your moms way saying of want no other woman looking at my man. Wear those where ever you go out. You have different gifts you want to share, share them, tweet us, instagram, facebook use the fox 29 good day and we will call you out on good day. Rock the jeans and send us a photo. No, that is all right. Now you really go
County line road. Mass transit everybody back to work and school and ready to go on a regular weekday schedule. Karen and thomas back to you. It is back to work for most of us this morning which means no more avoiding bitterly cold weather. For dozens of residents several days of frigid weather is hitting them where they live. Our steve keeley joining us from roxborough this morning, what is going on, steve. Reporter im standing on the sheet of ice from one side of the street to the other, we are right on the block with dell sandras steaks to show you where we are, thinks one of the many spots that had a water main break. So as everybody gets back to work, back to school and back to reality you will see new reality which is these temperatures which you probably havent experienced since you have been sleeping in before christmas. But the kid who are getting pick up by the bus or walking to school in stuff like this, watch out. Plus look down that street where jareds pointing, it is tras
Equities continue to rally, adding to their best start to year since 2006. Our european stocks going to follow . The u. S. Looks to open up pretty good. Head of inflation data at 9 30. The bank of england suggests u. K. Productivity could pick up quicker than expected. Can we still count on two rate hikes over the next three years . Matt less than half an hour ofy from the european open equities trading. Lets look at where futures are. Pointing to hire opens across the continent. Future are upc about. 25 . You mentioned s p, the many contracts up about one third of a percent and a percent missed price in kate indicates have a percent higher in the u. S. Markets like equity will do better after the Martin Luther king holiday. I have a threeday chart of the terminal andin my the flat line, no trading yesterday for Martin Luther king day. Yield have a spike in the on the friday going into the weekend. It came back down and now we see yields lower today, this morning trading down to 2. 54
Company announces a 1 1. 7 billin charge from the deep water horizon disaster and says Cash Payments for cases will rise to 3 billion in 2018. Shares in hugo boss jumped after they beat sales expectations amid strengthening u. S. Markets and robust online trade. And asian equities swing back as china fixes the one mid point at the strongest level against the dollar in two years. U. S. Futures point to a big open for the dow after a long weekend there. Good morning it is tuesday. You can see the handover from asia was strong overnight. Hang seng has made new highs up 1. 1 , on track for the highest close on record. We also saw good performance from nikkei up 1 in overnight trading. Topix had a decent session overall for europe the picture is more positive stoxx 600 up around 0. 1 lets switch into european markets and see how things are shaping up there ftse 100 is the laggard there. We get uk inflation data in a half hours time thats expected to dip a bit xetra dax up 0. 2 . Cac is flat
Good wednesday morning welcome to squawk alley. Big tech feeling the heat today, executives from facebook, youtube, twitter are testifying on capitol hill. The hearing looking into whether or not social Media Companies are doing enough to battle extremist content. Separately, nbc nightly news featured Silicon Valley insiders, exgoogle employee, calling facebook a living, breathing crime scene for what happened in the 2016 election and doesnt stop there page one of the wall street journal, an argument for why todays tech giants may need one day to be broken up. Joining us, columnist from new york times, and larry hippo good to have you here on a day theres so much. Does it add up to one narrative, eric, or not are these disparate stories . I think the Common Thread is lack of transparency on the part of Tech Companies, they say they do no harm and are good for society, people are realizing products are somewhat addictive, there are some things about the product they dont understand, str