About 8 billion to banks at discounted rates. The goal is to allow the firms to relend the money to small businesses. Its been more than 24 hours since swiss Central Banks shocked the financial world. It abandoned its cap on the euro an were still learning about the fall out. Regulators around the world are looking for information about what happened and how some retail brokerages entered insolvency. It says the volatility left it with a negative equity balance and its trying to sure up its capital. Lets take a look at whats happening with the u. S. Equity futures this morning. The dow was down by triple digits yesterday. The dow was indicated down by 42 points. S p few turs down by 6 and the nasdaq down by over 28 points. Of course as weve seen what happens in these early hours is no indication of what would happen by the market close. No indication of what would happen by the market open. So true. A lot of volatility out there. It is. Corporate news this morning, heres our early stoc
Tenyear yields around 1. 84. The euro on track for its worst month in two years, below 1. 12. More on that in a moment. Road map begins with u. P. S. Shares down sharply in premarket trade, after cutting guidance around the Holiday Season. Fedex down in sympathy. Mcdonalds shares rising in premark on the companys first samestore sales growth in the United States since 2013. And starbucks, record fiscal First Quarter results, in line with estimates. Chairman and Ceo Howard Schultz is going to join us exclusively on cnbc in the next hour. U. P. S. Probably the freshest news, jim, cutting its guidance, citing undere inging underperformance underperformance. Theyre calling volatility on certain days wider than others and expenses caught up with them. Yeah. I found this disturbing. They spent a fortune trying to get the Holiday Season right last year and they failed. And now they spent a fortune trying to get it right this year and they failed. So management is in question here. I just thin
Inking a major deal with sam sunk and blackberry ceo john chem is here in a first on cnbc interview to tell us more in just a few minutes. The dow up 16 points, as you can see, the s p relatively flat, slightly negative, the nasdaq also flat for the session overall. Remember, we have five record highs and then two days now where we have been unable to do that after a massive rally over the last month. Joining us in our Closing Bell Exchange to talk about these markets, Heather Hughes of sun america funds, rob more gam from v 26789 v associates, meg green of meg green and associates and jim lowell from adviser investment and very own rick san tellism welcome to you all. Welcome to the show. Let me show a chart very quickly, meg, direct this at you, where we have come the last month in the s p 500, an 8 1 2 rise, rallying from all the lows about concerns about ebola and the economy and now as you see, beginning. Isis. Meg, are you still bullish on this market . Im always bullish. I am ve
You have average Hourly Earnings rise by. 3 . This could be the 12th straight month of job gains above 200,000 which would be the longest such streak since 1994 and that has people saying the fed is behind the curve and other people say when you look around the world to see whats happening with the strong dollar he they would be crazy to be raising rates but its a source of continued debate the do you is up more than 4 over the last four days nasdaq is up for the year. The index is on track for the best week since december of 2011 and right now the futures ahead of the report are basically unchanged waiting to see what happens with this s p futures off by over a point and nasdaq down by two. People are now saying can you take the january effect and move it to february and is that what happens for the year . Sometimes it gets the end of the year. None of these things work all the time. Gave up on the super bowl. Afc is bad. Here are the other big stories were watching today. German chan
Stronger dollar and slowing Economic Growth overseas. Foreign ministers are said to meet in germany for a fourway summit on russia and peace talks aimed at ending military talks Angela Merkel is warning a lack of progress from russia. And the ruble dropping today. Well show you now. And millions of french citizens taking part in an historic march this weekend to pay tribute to victims of islamist militant attacks. A line of World Leaders lead the way. Arms link. Among them israeli Prime Minister and the palestinian president all together. No high ranking u. S. Officials took part. That lead to a lot of criticism. Well have a live report from paris. You saw here covered on the daily news this morning. Sunday more than 40 leaders watched none of the men showed up. The news said you let the world down. So there it is. Some people say eric holder, by the way, was in paris and didnt go to this. I dont know what that says about i dont know. I saw some stuff on some of the websites that said