As we saw volatile day for oil, bill, as well. One of the days where bad news was bad news. You could have argued once an upon you could have said bad news would mean that the fed would delay raising Interest Rates and the market rally on that. That didnt happen today. And you wonder if thats the kind of action we will see going into 2015 here if suddenly now bad news is bad news and vice versa. Volatility bill seems to be here to stay. Yes, maam. It is. Well talk about that. The volatility index is moving up as well today. Theres the dow up 120 as kayla was mentioning. Down about 99 points at the apex of the day. The low of the day. Now down 30 into the final hour of trading and the volatility index. Made a liar out of me. Down to 1831 and rather elevated level when you consider the rest of the market has been doing. S p down 5 points today to start the new year. And the nasdaq down 17 at 4719. Before we sta start our panel discussion, we want to hear from you at home. Log on the to c
To their rhetoric that they are not trying to look wiring nuclear weapon. Brendan the u. S. And other countries are trying to prevent iran from building a nuclear bomb. Saudi arabia is warning that fighting in yemen may escalate. The Saudi Led Coalition is conducting airstrikes against yemeni rebels. They have not ruled out sending in ground troops. In nigeria, they are waiting for from yesterdays election. President Goodluck Jonathan is running for reelection. The vote is seen as a test of civility for africas largest oil producer. Tim cook warns that there are something very dangerous happening across the country. The openly gay ceo of apple denounced the bill signed into law last week in indiana. Critics say the law will allow businesses to discriminate against gays. On abcs this week, governor mike pence called the criticism shameless rhetoric. The purpose of this legislation, which is the law in all 50 states in our federal courts and is the law by statute or Court Decision in som
Cnbc. Com vote. First lets check in with with sue at the new york stock exchange. Hi, ty, good to see you. Were going to start with three rings of fear. On the list, international crisis, another mortgage crisis and fear of a sudden market drop. That call coming from sam zell on squawk this morning. Its very likely that something has to give here because you just cant almost every company thats missed has missed on the revenue side, which is a reflection of the fact there is a demand issue, and that demand issue continues to be prevalent. When you have a demand issue, its hard to imagine the stock market at an alltime high. Dominik chu is with me. Sam zell very well known. Hes an exceptionally smart businessman. He is, but he made a couple mistakes. He made a bad call on the tribune. Yes. Do you think he could be right this time . Of course he could be right. Heres the reason why. Its the stock market. Nobody knows exactly whats going to happen. Theres no crystal ball. There is no crys
And a fascinating mystery. How does 20 billion get lost from a nations treasure. That is what is being alleged by the head of the central bank of an oil rich african country. 20 billion that has not come back. The result, he gets suspended from his job. I will ask the countrys finance minister to explain whats going on. Then, the olympics reminded us of the agony of defeat. But is failure actually good for you . Thats what a new book says. I will talk to its author. First, heres my take. The crisis in ukraine was produced by two sets of blunders. Neither emanating from washington. The European Unions vassilations and most significantly, of course, russias aggression produced the problem. But it will now be up to president obama to show the strength and skill to resolve it. For years now, the European Union has had an ambivalent attitude towards ukraine which produced instability in that country and opposition from russia. Ukraine is the most important country in the postsoviet space th
Movie chain to pull the plug from their more than 270 theaters across more than 40 states. Landmark theaters also bailing, canceling thursdays premiere in new york. Even the films star, seth rogan and james franco dropping out of all media appearances this week. This fear in the movie industry prompted by a new threatening american, purportedly by the sony hackers. The fbi investigating their promise of a bitter fate to anyone who sees the controversial north korean comedy. The message says soon all the world will see what an awful movie Sony Pictures entertainment has made. The world will be full of fear. Remember the 11th of september 2001. Now theyve got threats against people who go see the movie. Be careful. Theyre threatening the families of sony employees. This has taken hacking to a level that weve never seen before. This week, a leaked scene from the film was posted, showing the gruesome assassination of north Korean Leader kim jongun. Something the country condemns as an act