With heearnings season around t bend wont i be dis appoiappoin with what i hear . Today the averages started strong before pulling back. Dow slipping 21. S p dipping and the nasdaq. 36 . Its a good day to tackle the question. I was with my fabulous daughter all weekend and couldnt give anyone an in depth answer. I apologize. If i had a chance i would have said the action, the stock action is dictating my attitude. The action that has so many stocks hitting new highs in the last week alone. Some of it tends to happen right before you go higher. Not right before you fall off the cliff. Consider the stocks that made the new high list last week. First we had the consumer packaged goods plays. I would say they are too numerous to mention. Listen to this. Es today lauder, kimberly clark, cocacola, altria, conagra, general mills, johnson johnson, kelloggs, mckor oh miracle, molson. What do they have in common . They take raw commodities and make them into something. They refine them, package,
People thought. The worst market overall was there, unfrozen that you can get a sense of things. Theres a look at europe. Again, the losses not particularly substantial given that move down in crude. In asia is where things were a bit tougher overnight, japan in particular with that stronger yen suffered a more than 3 decline. Lets get back here and start with our road map. And where does it start . Well, where youd expect, oil prices are down after the failed doha deal. Were going to take you there live and bring you the latest. Morgan stanley shares getting a boost from what was a better than expected quarter this morning, although not great. Well give you everything you need to know about that report. And we are also live with pepsis cfo, hugh johnston. Were going to talk about this companys earnings plus his new seat on twitters board of directors. All right. Lets start with oil. You were talking of course the squawk gang about it is its the key to this market im going to say this
Theyve been taken to a local hospital for observation. Now theres Big Questions about permitting. This is something that the Citys Department much buildings has been checking into with increasing regularity, there are work sites around the city where the permits are not in proper order, and that some work has been done with unsafe conditions. Unclear yet whether that was the case here. Were live in williamsburg, andrew siff, news 4 new york. Thank you for those details. Now the other big story of the day, more potentially recordbreaking temperatures. Thats crazy, expect the decline of the 60s today. But we might see rain later on. Dave price here with the details. Sloppy from beginning to the end. We have dense fog advisory just expiring right now, and in fact, up to threehour delays at the airports at laguardia , about an hour at newark, jfk is okay. Temperatures right now, just on the cusp of 60 degrees again. Were expecting to see a high of 62. And we may break records today newark,
Seven Eight Capital LP raised its holdings in shares of Newell Brands Inc. (NASDAQ:NWL – Free Report) by 263.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 217,528 shares of the company’s stock after buying an additional 157,596 shares during […]
Pingora Partners LLC acquired a new stake in Newell Brands Inc. (NASDAQ:NWL – Free Report) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 123,624 shares of the company’s stock, valued at approximately $1,073,000. Newell Brands makes up about 0.9% of Pingora Partners LLC’s portfolio, making the stock its 25th largest position. Several other hedge […]