2 . Road map begins with earnings from hp a big hit from the stronger dollar. An exclusive interview with meg whitman in a minute. Beat from lowes and from target. Those stocks both higher in the premarket. Hawkish or dovish . Janet yellen day two, heads to the house for her second day of congressional testimony. First up, the dow and the s p coming off record closing highs. The nasdaq aiming for an 11th consecutive day of gains. Better than expected results from retailers, target and lowe and yellen back to the hill for testimony, before the House Financial Services committee. Jim, three sessions left in february. Weve had records on the dow, the s p, the mid caps the russell, the dax, the ftse. Whats left . It all makes sense. When youre in a Conference Call like i was, listened to the amazing cfo from home depot, really is the dean of cfos, and shes tracing out a story which says, you know what people are spending much more on their home and we have homes coming off of renting and b
Brendan in february, the greek Prime Minister reached a deal with europe to hand over money but that was based on tsipras making changes to the economy. Oil is trading near a oneweek low. The market was rocked by government reports that crude stockpiles got larger. Inventories grew three times as much as expected. The glut is getting bigger. The jury found Dzhokhar Tsarnaev guilty of the Boston Marathon bombing and they will decide whether he will face the Death Penalty. Massachusetts governor knows where he stands on the Death Penalty for Dzhokhar Tsarnaev, but says it is not up to him. I would support the Death Penalty. I continue to. Obviously, this is a decision made by the jury. Brendan the penalty phase may begin next week. He will escape Capital Punishment if just one juror decides against it. Olivia a white Police Officer arrested for shooting an unarmed black man in the back has now been fired. Video shows him firing eight shots into Walter Scotts back. The mayor of North Char
It is part of ges plan to refocus on manufacturing. Ge is buying stock worth 50 billion. The u. S. And cuba could take a step toward better relations today. President obama and cubas president may meet facetoface. Secretary of state john kerry talked with the foreign minister Bruno Rodriguez. The president said closer ties president obama we are as committed as ever to supporting political human rights and Political Freedom. I believe that engagement is a more powerful force than isolation and the changes we are making can help improve the lives of the cuban people. I believe that this new beginning will be good for the United States and the entire hemisphere. Olivia the president announced the historic shift in middecember. The u. S. My remove cuba from the list from the countries believed to sponsor terrorism. Deutsche bank is set to pay 1. 5 billion in fines. The bank is suspected of Interest Rate manipulation. Regulators say traders raised the rate known as the libor. Apple and sam
Session lows. Down to 2. 5 . Scarlet fu joining us that our breaking news desk. Street smart to update you on the breaking news, comcast planning to drop the Time Warner Cable deal. Said to plan an announcement as soon as friday. Stock is down as much as 2. 5 percent. Scarlet fu joining us at the breaking news desk with more on this startling announcement. Scarlet startling announcement but perhaps not so surprising. The sec has now joined the leaders at the Justice Department in opposing this Time Warner Cable deal. This Time Warner Cable purchase. There is a lot of deals in its wake including at t for directv as well. Now this would threaten composition and innovation and should be resolved or at least addressed in an administrative hearing. Comcast saying it is not worth this to pursue the Time Warner Cable deal. This would put the hold on this and allow the ceo of comcast to plan for its next up. Richard bloomfield spoke earlier this morning and was discussing the likelihood of com
Stanleys adam parker. He will tell us what hes expecting from earnings whether they can spark a selloff in stocks, talk about the words earnings recession have been discussed in conjunction with the First Quarter earnings reports due to come out. And where is howard marks putting his money to work . You will find out in an exclusive interview. Plus Bill Richardson former new mexico governor gives us his reaction to rand paul running for president and what he thinks of the senators plans if he became president he would get rid of the Energy Department and three other cabinet positions if he were to become president of the United States. Well get governor richardsons take on that coming up. You can guess what he would say. We have a lot to get to. Lets start with where we stand. 74 points higher on the dow. The s p 500 up by about 5 points to 2,085. The dow is the outperformer on the session. The nasdaq adding 16 to 4,933. Lets get to our closing bell exchange. Amy wu is back with us so