markets this morning. the german diamondbacks doax do percentage points. we are half an hour into the press conference. mario draghi says the euro irreversible and that government should be ready to activate the esff. we ll have the latest. knight capital shares continue their free-fall this morning, the company saying the erroneous trade positions resulted in a loss and that its capital base has been severely impacted. retailers on the move this morning, costco beating estimates. steve liesman has the latest on the news conference. steve. melissa, thanks very much. there s some interesting contradiction in what i m hearing draghi say. on the one hand he began strongly saying they ll do whatever it takes, the euro is irreversible, and then he starts to lay out a essentially a plan that says in the next few weeks we ll announce a plan effectively to buy bonds. he later says it will be a plan to buy bonds on the shorter end, different from the sfp. a couple questions that are