Paper from Larry Summers. He will join us live to talk about the safety of the banks today. Republican nominee donald trump giving more details about his tax and economic plan a few hours ago. You saw that live here on cnbc. We will bring you details and get reaction from clinton supporter and former economic adviser during clinton administration, laura tyson. Tesla is suing an oil industry executive who allegedly sent an email pretending to be elon musk. That is just too weird. It wasnt even the same address but he was expecting the cfo to respond and give information. It was close enough that you wouldnt have blamed the cfo if he hadnt looked closely enough. Lets start with the apple story rising for a fourth consecutive session with a gain of at least 2 . Today it is 3. 6 . Company announcing that the iphone 7 plus has already sold out. The iphone 7 is available in all colors except the most popular, jet black. That is sold out, as well. Joining us now is will power along with rod c
Ways to support crude prices. We have more from the oil pits coming up. You have stocks going one way and oil going another. Unusual move. New report in the last hour says that disney has hired an adviser to explore a potential twitter bid. We had the latest details on that story for you. A faceoff that has been months in the making. We are live with the latest developments and results of a new poll. Lets start with the financials under pressure today. Dominic chu in the role of bob pisani today tracking the action. What we have right here is a situation where the banks are front and center for many traders. You look at financials and they are among worst performing sector so far today. The banks are ones to focus on here. If you look intraday we are hovering just near the worse levels of the session. Again, we will watch financials very closely. One reason why is because you take a look at laggards within the financial group. You have likes of Morgan Stanley and bank of america. You l
Freeze. Our road map begins with global volatility continuing. Jim mcgoggin. And apollo and adt are in a deal. And the death of Supreme Court justice ascalia has creatd a firestorm. First up, stock futures jumping sharply. Saudi arabia, russia, qatar and venezuela agreeing to freeze output at january levels provide that other major exporters follow suit. Crude prices rose off their highs of the morning. Some analysts expected an agreement to cut production. Thats not exactly what were talking about now iran on the tape is saying, maybe, we still want our piece. Thats going to be the question, iran and iraq as well who is also ramping up production to get money, its an expensive fight it has on its hands with isis. Thats the big caveat that Oil Producers will agree. Before this announcement, brent crude was up as much as 5 . Its still higher. The bulls would say, at least were getting diplomacy. This is the first coordinated move that the major producers are doing since the pain began,
Precisely two years ago today, february the 13th of 2014. Well let them play it out there at the end of the overture. The 10year hit 1. 53, up 11 basis points since that low and oil is coming back after these opec headlines that well talk about in just a moment. A wild last 30 minutes and weve had disappointing numbers out of europe. The banks over there are suffering. Well talk about that with some of our guests coming up here and the impact thats having on our markets as well. It started in the overnight session today and it looks like the worst of it happened just as markets were testing that 1812 level and falling through it and this news out of opec, the u. S. Benchmark has moved up more than 3 off the lows of 30 minutes ago. Well get more insight from former leaders in the financial space over the next two hours about whats happening across the Financial Complex here. Peter sands is joining us and citigroup vice chair bruce rhodes and former wells fargo ceo. Not just the banks. L
The same. France bucking the trend, up about 0. 3. The tenyear note, a gauge of risk sentiment across the markets. The yield falling. Wti crude, almost down 3 today. The latest s p caseshiller home price report has been released. Prices nationally up 5. 4 in january from a year earlier. Our road map starts today with apple. The fbi dropping its case reported it was able to break into the San Bernardino gunmans phone. We talk to apple experts about what this means for Online Security, apple customers and laws going forward. And fed anticipation day. John williams urging the central bank to stay on track with rate hikes. Janet yellen speaks this afternoon. How hawkish will she be . And reports out that jetblue and alaska air planning to bid on Virgin American. The hijacker of an egyptairplane has been arrested and taken into custody. Nancy holgrave has the latest. Reporter about five hours after this unfolded, the alleged hijacker on board the aircraft has been taken into custody. Offici