Yesterday the s p turned positive for the month of june in the last minute of trading. Check it out, the s p sectors are positive year to date. If you take a look at all of them, most of them are positive. The tell kom leading the way. The worst part is the financials. Take a look at the treasury. Still sitting there. Yesterday we saw it at 11. 5. Today 1. 4. People are looking at this as a safe haven. Tell you whats happening overnight in asia. While some of you have been sleeping, things do look up there. Margely up. I dont want to get too excited about it. Lets swing over to European Equity futures. These are actually happening live as we speak. Dax, cac, ftse 100 up. Again. Marginal picture. Italy margely down. Currencies real quick. Im curious, okay. No, i know. Just stable. Im thinking when do you plan the trip . I think a trip should be in order . He had gotten from hilton saying 30 off sell there. Already sending off ems. 30 trips to london simply because of the devaluation fac
Fedticipation. Looking ahead to tomorrow and what people can expect. Valeant shares are down big this morning after disappointing results. And its mega tuesday with five major primaries taking place across the country. Well go live to one of the most important states hitting the polls today. First up, retail sales down 0. 1 last month, in line with expectations, january sales revised downward from 0. 2 to 0. 4 down. Producer price is down 0. 2 in february. Unchanged if you strip out food and energy. The data coming as fed policymakers are set to begin their twoday meeting today with the latest policy Statement Due tomorrow afternoon. That will be followed by Janet Yellens news conference. A big question is whether or not their statement reflects some firming of inflation. Ppi today relatively stable. I think things are tame. Obviously James Bullard was talking about oil going to 20, how he might have to revise his view. It went to 40 and has come back. The thing thats devastating is th
Crude that was the story yesterday. Look at that. You were just at 50. We were just pushing 50. You saw the latest caseshiller home prices, they were just released at the bottom of the screen. San francisco, denver, portland have the biggest home price gains. Lets get to our road map this morning. Earnings, earnings, earnings. Alibaba higher in premarket after profits and revenue beat expectations. Yahoo goes up when alibaba goes up. Mixed results in from dupont, ford and u. P. S. The cfos of u. P. S. Will be up later in the show to give us more insight. Pfizer, merck, bristolmyers all beating consensus and boosting fullyear guidance. Take a closer look at pfizer. Those were particularly good numbers. Lets start off with alibaba, up sharply in premarket. Posting better than Third Quarter results. Revenue up 32 . Strong growth across the board, particularly in mobile. Yahoo owns stake in alibaba, it will be putting that in a separate company, hence it goes up, almost as much as alibaba
Biggest quarterly profit in its here. Demand for iphones in china driving results. Fedpushing markets to gain back some ground after yesterdays significant tumble in the major indexes. Boeings Quarterly Results soaring past expectations. The company seeing 2015 jet deliveries outpacing 2014. Apple is the big story, up sharply in the premarket after posting 18 billion. Ipad sales helped by Strong Demand in china. Tim cook demand has been staggering, shattering our expectations sales over 74 Million Units driven by the unprecedented popularity of iphone 6 and iphone 6 plus. This volume is hard to comprehend. On average we sold over 34,000 iphones every hour 24 hours a day, every day of the quarter. At least 75 million iphones. Estimate 69. Average selling price bucking the trend. Switching from android, hard to find much wrong with the quarter. People say if it doesnt take out 119, november high its going to be a fail tock. Let say, dont trade it own. This is a mesmerizing quarter. I thi
Evening with hider alabadi the Prime Minister of iraq. It is within the government and we have regular meetings for the leadership of the country and we have a very Good Relationship among the iraqi institutions. The executive which is the government on parliament. I think this has benefited us and has facilitated a lot. Rose jack ma and the Prime Minister of iraq next. Rose additional funding provided by and by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose jack ma founded alibaba out of his apartment in china 16 years awe go. Today it is the largest e Commerce Company in the world, over 1010 million buyers go to a site each day. Last year transactions totaled 248 billion more than ebay and amazonmthey went public issuing stock. The ipo was the largest in history and made him the richest person in china. I spoke with jack ma at the Economic Forum in s