Snapped last week. European markets, lets look at them as well and see how they are faring at this time. You can see down across the board including italy and spain, thanks and france is the worst performer at this hour crude was up a tiny bit, wti kind of a quiet story last week, 56. 76 and theres the 10year yield at 2. 38 lets get to our road map this morning on squawk on the street squt General Electric slashes the dividend by 50 . John flannery outlining his new vision and a Major Corporate revamp plus, wall street pullback, you saw stock futures pointing to a lower open investors still closely watching earnings and any progress on tax reform going on amongst our lawmakers on capitol hill. Toy takeover, shares of mattel surged on friday jim and i will get into that and into the official rejection from qualcomm of broadcoms bid, a lot to get to actually lets get to ge now. Its investor day, just getting under way started at 9 00 a. M. The dow component announces it is cutting Quarte
And right now, its a win, they make friends with this artist. We decided to come clean at this event. Because it happened to them, they will be like, we totally snuck in. And then lets do it. They are like, we have two seats right next to us at the table. Persistence pays off. This video puts such a smile on my face. You really should enjoy the whole thing. Its hilarious. Its up on our website. Youre all caught up. Go to rightthisminute. Com or well see you on the next episode of right this minute. Money on. Youre watching world news now. Announcer world news now weather, brought to you by mucinex clear and cool. Mucinex clear and cool. Ah whats this sudden cooling thing happening . Its got a menthol burst. You can feel it right away. Wow, that sort of blindsided me. And it clears my terrible cold symptoms. Ahh this is awkward. New mucinex clear cool. Feel the menthol burst. While powerful medicine clears your worst cold symptoms. Start the relief. Ditch the misery. Lets end this. Mtha
3 here. Overnight in asia, the nikkei hit and held 16,000 for the first time in six years and then hong kong and europe are closed. Happy boxing day, by the way. Our road map begins with the markets. Today looks to be yet another record day for stocks. All the major indices set to open in positive territory. Plus, call it a shipping nightmare. Thousands of packages were missing on Christmas Morning after ups and fedex reported extraordinary delays because of hive demand at the last minute. And what does history tell us about Market Strategy for 2014 . Your play book ahead in just a few minutes. First up, though, stocks poised to open higher after coming off of record closings on tuesday. A gain today would be its sixth straight, something it has not done since a tenday winning streak in march. Of all days on the calendar, the s p is likely to be up today, 79 of the time since 1945. This is the start of the official santa claus rally, isnt it . On average a gain of 1. 6 . So last five o
Department says the data is not complete, two states with faulty data. That number is probably going to be revised. Europe wrestling with euro production down. In the oned by putin in the times calling for caution in syria. Facebook looking to hit a second consecutive alltime high today. Ceo Mark Zuckerberg changes his tune about the ipo process. Shares of lululemon. And an initial public offering. Ill have more details in a moment. Weve had three tripledigit gains in the dow. Last time we had four tripledigit gains in a row, never. Doesnt look like were going to do it today judging from futures. We did have an eightday streak in july, longer than the sevenday streak. The s p, yes. I was looking at the s p. After that it didnt go down immediately. August was tough so maybe i dont know. Last night im watching the tape and unfortunately we saw some tough numbers from jay crew, which it just shows you if apparel how tough apparel if jay crew didnt do that well and theyre the best there is