Have a great weekend. Squawk on the street begins right now. Good friday morning. Welcome to squawk on the street. Were live from the new york stock exchange. Im melissa lee, along with jim cramer and scott wapner. Lets take a look at how were setting up on the u. S. Futures. Its all about the jobs reports for the month of december, a weaker than expected report. Take a look at this, the markets looking at the s p up by three points, the Dow Jones Industrial average looking at about 1. 5 here. In europe, it was really about the fomc minutes yesterday. It looks like a mixed bag, which is marginal changes across the board. The latest snapshot of the economy, 155,000 nonform jobs added in the month of december, with the Unemployment Rate at 7. 8 below consensus. With warmer than normal temps and impact of sandy being felt, how good of a read is this . Goldman sachs upgrades for citi, conviction buy list, stronger bakes have fewer levers to pull in this tough environment. Retail movers, ta
Big miss. Well speak to the cnbc. Ukraines government says it will act to eliminate militant groups in the east of the country in the coming days. Youre watching worldwide exchange, bringing you Business News from around the globe. Thanks for joining us today. Let me just dive in to some eurozone flash pmi numbers just crossing currently. The flash number is at 53. 3 in the month of april. This is slightly higher than forecast. The markets expectation about 53. 1. This is also slightly firmer than the march reading back at 53. We are seeing a slight improvement in the right direction. The instant reaction in euro dollar has been a dip and then positive again, up 0. 2 on session. 138. 29 the current level. Diving into the numbers on the services side, the flash number at 53. 1. This is better than forecast at 52. 5 was the level the market had expected. Also just on the manufacturing print, 53. 1 was forecast but that number coming in at 53. 3 as i mentioned in april. Numbers better tha
Pelosi says she wants to find out what lawmakers can do in cooperate with local authorities to make sure Something Like this doesnt happen again in the future. The father of one of the girls killed in the crash is distraught because he still hasnt been allowed it see his daughters body. The parents of wang linjia made the journey from china to bring their daughters body home he said i know everyone is doing this for my chide but my daughter is my flesh and flood. How can i let her lie in the freezer all by her lonesome . The chinese consulate is making arrangements with a funeral home to pick up the girls body. Stay with abc7 news for continuing coverage of the crash with instant alert on the investigation on our new abc7 news Smartphone App at abc7news. Com app. If you have our original app you need to download the new app. Now the Weather Forecast on this friday morning. Good morning, everyone, it is gray. Hopefully you will not run into drizzle. It is more dry than this time yesterd
Were following several developing stories as you wake up this morning. The bay bridge closes in just two days to put the finishing touches on the new eastern span before it opens to the public. The fiveday closure begins wednesday night so other bay area bridges and roads will get crowded. Today u. N. Everyone inspectors will begin United Nations inspectors will begin an investigation of chemical weapons outside damascus. Independent analysts say more than 300 people died last week from toxic gas. Rebel forces blame Government Troops a claim the governor denies. The wildfire Near Yosemite National Park is burning out of control. Flames are jumping from treetop to treetop. Rim fire has burned nearly 225 square miles and is only 7 contained now. The fire is so large, it can be seen from outer space. Were now learning it burned the tuolumne family camp owned by the city of berkeley. Teresa garcia has the latest from Tuolumne City with the latest on the firefight and evacuations. Good morn
And new meaning, next time you checked into a place you might be greeted by a google blast of smart watches. Not science fiction. Already happening at some of Virgin Atlantic checking desks. All aboard, countdown to the closing bell starts now. Liz the nasdaq up 46 points, good afternoon, everybody, im liz claman. It is the last hour of trading, and stocks are rallying for the fourth straight session with the dow jjst breaking through the 16,000 level. After a day for the history books on capitol hill. Right now we are up more than 200 point offense the Dow Jones Industrials, and you can thank janet yellen for much of this rally as she becomes the first female fed chair to give testimony to lawmakers. She made it quite clear she will stay the doveish course set by her predecessor, ben bernanke. She specifically used the word continuity in stressing the fed will stay on the path of trimming its bond purchases, but she said the recovery is, quote, far from complete. Investors took those