And tom keene. We are trying to understand the markets, especially the fears around the Deutsche Bank. Tom not only the fear and the crisis and the charts but exactly what is cocoa . Think an explainer is in order. Maybe by the end of morning we will be a little bit smarter s. Th these odd derivative francine crucial, we will find out more throughout show. Lets get straight to the first word news with Caroline Hyde. The first votes have been cast for the first president ial primary in the United States. These oldfashioned paper bernie showed that sanders got all four democratic votes. John kasich got three and donald trump got to. Bernie sanders is beating Hillary Clinton by double digits in some polls. In the republicans, the polls show donald trump well out overhead. Later today on bloomberg, a twohour New Hampshire special on with all due respect starting at 5 00 p. M. Eastern time. In germany, to commuter trains collided. More than a hundred 50 were injured. The area is not easy to
German Business Confidence for the months of february is at 105. 7, a touch below what economists had forecast. 00. 6. D a figure of 1 its below expectations. As we are seeing yesterday with those pmi numbers out of the eurozone. We are seeing a little bit of crunch as weakness in the Global Economy is starting to affect the european region and germany as well. 1. 1028. See euro at we are getting breaking news out of christine lagarde. We will monitor the news we get from her purchase talking about the gcc countries. Stocks falling overall globally. Over renewed concern over the strength of the chinese economy. Stoxx 600 down 0. 2 . The shanghai composite was led lower by a lot of the financial and industrial companies. After the central bank in china weakened the yuan. The pound declining. Crude slumping. Lets get on to the second board. Rick off mo risk off moved. The pound had to do with brexit. I want to show you two stocks that reported earnings. Cutting its dividend. Standard cha
Where julie hyman has the latest as we are coming back from some of the early losses. There has been a lot of volatility. A lot of bouncing around. It looks better than yesterday with the nasdaq positive and bouncing back after having led declines. The s p turning into the green. The dow remaining lower as investors are concerned about global growth, and watching what is going on around the world. Look at the landscape of the various sectors. Is lower, telecommunications as well. Financial is weak. Materials and Consumer Discretionary are rebounding. So are the saying stocks, we have been watching the Big Cap Technology Companies Leading losses, theyre bouncing back. Not huge gains, but not negative, which is more than we can say for the selloff. Netflix seeing a boost of 5 . Alphabet all of them gaining. Betty they could be better, but not everything is sunshine and roses. Julie the banks are showing weakness. Banks in the u. S. Are lower. The bank of america taking higher while bank
The first word. Vonnie welcome back. It will be a major fight in washington. To actns are valid not on any Supreme Court nomination by president barack obama. Within weeks, obama is scheduled to name a replacement. , according to mitch mcconnell, shouldnt be filled until we have a new president. George w. Bush is campaigning for his brother, jeb bush. He didnt mention donald trump by name but he said the loudest person in the room is not always the strongest. Swift us angeles, taylor 13 Grammy Awards last night of the year. Um she is the first solo female artist to win that award twice. Awards, thear 15 most for any performer. He won top rap act. Global news, 24 hours a day. I am vonnie quinn. Lets take a look at futures. We are looking at solid gains across the board here after Global Markets rallied yesterday. The u. S. Is playing catchup. We ask a created 831 billion in market cap globally while our markets were closed. The Dow Jones Futures are up. Gaining almost 2 this morning. Ta
Brexit debate and then the blackrock comments. The markets are not ready for the hike. Tom it is a stew. It is a stew of news. Youre right, francine. There is a negative tilt to it. Standard chartered really took me back. I know you talked to Chris Wheeler within the hour. What did he say francine he said these are banks going through huge restructuring. He mentioned specifically china. It took a leg lower today. It is going to be that much more difficult. Lets get to our first word news with nejra cehic. Nejra a boost from the business communlt. 36 chairman say it will be best for the economy if the u. K. Stays in the e. U. Leaving the union would deter investment, threaten jobs and put the economy at risk. Rebel groups in syria have until friday to sign on to a partial ceasefire. The u. S. And russia agreed to this yesterday. A new controversy in the president ial race just hours before nevada republicans vote in their caucuses. Ted cruz has fired his Communications Director for twee