Jonathan we are looking forward to that conversation. Futures are largely stable. They are down about three points. It looks like we are going to have a stable start to the day. Euro, 11322. You can see the story at the bottom of the screen. Wt is wti is up two percentage points. The yield on the 10 year is upon basis points. 2007. The narrowest since david lets go around the world for indepth coverage. Both kennedy will tell us whats going on behind the surge in oil prices. Were going to start with merger monday. Pfizer is back at it again. Julie hyman is here with the details. Julie this is a much smaller deals and allegan. This is a 5. 2 billion deal. They are the target. Whats attractive about anna core, it does have revenue to treat fungal infections in the toenails. It is developing a drug that looks like its expected to be a high sell it to treat eczema. It has had some positive steps in terms of approval and in terms of studies over the past year or so. 9925. Ice per share is t
Singapore. Singapore sang it is the worst case of gross misconduct it has ever seen. Hong kong the worst sales downturn in 20 years. 2016 are being described as icy winter. Do follow me on twitter rishaadtv, and use trendingbusiness. Well, getting to these markets at the moment china and hong kong getting underway. Singapore with gdp figure stronger than anticipated, reaction as the market opens along with taipei and kuala lumpur. We are seeing a broadly up day when it comes to the asian markets, tracking the gains in the u. S. Session. It is a confluence of a positive , oil gaining, yen weaker, risk off the table. The prospect of a u. S. Recovery looking brighter giving the surgeon home sales overnight. Given the search in home sales overnight. Sydney getting a lift from a rally driven by energy stocks, some refiners and basic minors. Miners. With gains, up eight tens of 1 , a very good week. Has settled down after selling automatically, a mass accidents out of the korean bond market,
Varney company, were about to begin. A lot of people tell pollsters dont trust me. I dont like hearing. What difference does it make . The Obama Administration just three hours after the attack on our consulate in benghazi focused on antimuslim video as the reason. Hillary of course at the time was secretary of state. Judge napolitano will have much more in a moment. First we have to start with your money. Well have higher open unless something crazy happens in the next 30 minutes. Dow jones industrial average could be up more than 200 points s p up he over 1 . Price of oil came down. That is getting a nice rebound. Up more than 3 . Check on gold. Gold gave up almost all of the gains yesterday. To me that was a sign money shifting out of the safety things and going into some stocks, down almost 1 . Joining us for the hour jeff sica and liz macdonald. Jeff, is this real, or too early to tell . Way to early to tell. First of all we were bound to get central bankers coming out making cert
It could be a man of iran is opec leaders need right now to push the country to freeze output levels. We will have been a news from the meeting for you coming up. Oil prices right now with 2 . The battle for president obama tries to defend his decision to filibuster one of president george w. Bushs choices for the Supreme Court to train for a development in a privacy versus terrorism case. Tim cook to green apple fight a judges order to help the ear package the iphone of one of the San Bernardino killers. We will have a developing story as well. Lauren area did not win the top price but he certainly stole the show. We will tell you who came out as top dog. Welcome to fbn am from your first look at todays markets, the latest breaking news in what to expect that they had. Breaking news this morning. Apple is opposing a Government Order to an encrypted iphone blog into a shooter in attacking San Bernardino california. Tim cook saying the moment calls for public discussion and we want our
Themselveses. They make themselves better in a way thats unseen to everyone until later when the improvement becomes ef dent. Look at this market. Especially in this speculative stock. S p rose. 09 . Holy cow. Pointing to key concepts. First there is a tremendous amount of shorts. Its a Short Covering rally with the appearance of fraud for certain. I want to dig deeper for tonight. For months on end, stocks in the commodity Mineral Resource have been on the decline. When we consider the case of mro, marathon oil. In the heyday of the oil blow off the run to the top in 2014, marathon traded at 41. Oh, geez. Back then marathon seemed to be a logical takeover target and a fantastic fount of oil. The company had a huge amount of money to be one of the largest independent Oil Producers out there. Big eye with as. They put up spectacular numbers. Earnings peaking at 4. 48 a share in 2014. In 2015 they lost an astounding 3. 26 per share. Wow. Just like that. All the debt turned the stock from