Pullback, but it feels like a mixed market because the dow has been flirting with gains, and right now it is a four point. It is not all red for the major averages, though the dow has trended lower for parts of the day. A sideways move here. We have volume lower as well. Why is the dow doing better less like the big movers. Mcdonalds is rising after mcdonalds japan started selling poking and toys. Johnson johnson is out with earnings that beat estimates, and the Company Raised its forecast for fouryear earnings as well. Trading higher making predictions about demand in india. Those shares are gaining. This gain in the dow notwithstanding, the s p 500 and the nasdaq are not holding up well. Lets look at the movers there. Netflix has been trading lower all session long after subscriber targets missed estimates. Microsoft reports after the bell. It has been lower all day in advance of that. Phillip morris coming out with numbers that missed estimates as well, being under pressure from the
Fond du lac, indecent thunderstorms now in the western side of Fond Du Lac County and beaver beaverdam. A decent sell has a well but nothing severe at this sell for you folks fond du lac, however we can begin with gusting winds and certainly a lot of heavy rains. Small hail as well. Quiet into the milwaukee area but the cell in madison, this is severe sell with a potential for golf ball sized tail making way to the east southeast, but the question we have right now, what will happen as the cell continues to interact with what we call helpful boundary, the green line and we will see if that is strengthening to continue to head close to Jefferson County. We will watch Jefferson County closely over the next hour has the storm hits close but in terms of the track to milwaukee, highway speeds which means this line will be into watertown shortly within the next 15 minutes, sheboygan, the end of this line 4 45, milwaukee around 5 15. They could have gusting winds associated with it as well. T
Higher welcome to squawk alley. Im carl quintanilla. Jon fortt and Kayla Tausche at post 9. Mike santoli is here along with confides president and cofounder john broad. Good morning to all of you. Our top story is apple moving higher again today, the top gainer on the dow. Stocks the number one winner on the dow this week, up 6 . Its been a big few days for tim cook and company, rolling out the latest ios yesterday. Sprint and tmobile reporting historic preorders for the iphone which hits store shelves on friday. Cook was on Good Morning America this morning talking about his vision for the future. Wireless is the future. And so, when you decide on what the future is, you want to get there as soon as you can. You know, why put it for the consumer . Well, that plug, that jack takes up a lot of space in the phone, and theres a lot of more important things we can provide for the consumer than that jack. We can provide a larger battery. The stereo speakers i mentioned, those were also enab
Markets. Theyre a little under pressure this hour. A bit of a soggy start to the trading week. The dow currently off by 46 points. The nasdaq has gone positive though. Its up just very marginally. The s p is down by two points at 2,053. We also begin with a major meeting at the white house over the crisis in ukraine. Germanys leader Angela Merkel and president obama trying to show a union id front, but the two are at odds over whether to arm ukraine. Chief International Correspondent michelle live at the white house. What do you think the conclusion is likely to be based on what we heard today, michelle . We distanted idle have us stand idle and simply allow the borders of europe to be withdrawn at the government. Lower on the agenda was greece, but certainly of high interest to our audience. We know that there has been pressure behind the scenes from the white house or from treasury towards germany trying to go easier on the greeks as they go through this situation, this negotiation t
The day gm victims have been waiting for has finally arrived. Disaster response expert ken feinberg automakers fund to accommodate victims of an ignition switch defect will finally unveil his plan on how they will be compensated. Yang yang is in washington with more on what we could expect. Already, details are beginning to emerge. That is right. Announcement. According to a gm lawyer interviewed by bloomberg news, ken feinbergs Compensation Plan is expected to offer for all drivers and passengers killed or hurt in one of 2. 6 million recalled callers cars in an uncapped fund. Money is expected to be offered even if the driver was treating and even if gm thinks it could otherwise fight the claim in bankruptcy court. Good news for victims. We will find out for sure at 10 00 a. M. One feinberg unveils the plan in d. C. And answers questions of how much victims will get and how much more will the company. Ost gm already asserted faulty ignition switches to 57 crashes, 13 deaths, 680 milli