Its been a wide range today. Former citigroup ceo sandy weill will join us to discuss the water shed moment at his former company which just became the first major u. S. Bank to appoint a female ceo plus, well speak with jason robins from draftkings ahead of tonights nfl kickoff. And we are counting you down to some exciting earnings after the bell today including peloton, oracle, and chewy. Two out of three are big stay at home winners plus an interview with chewys ceo as soon as the numbers hit the tape lets get straight to the market in the final hour of trade another volatile session on wall street mike santoli tracking the action for us what caused the weakness here in the last few momentors so . That morning rally was really limp it did not pass any of the tests. It stopped where yesterdays highs were nobody had any faith this was really going to be upside momentum then you had a rally in the treasury market. Yields got compressed a little bit. And the dollar is also been higher
The market while classic reopening plays like cruise lines, airlines, they are moving low. Net net we are flat as we stand on the s p 500 sara. Ahead on todays show, investing legend Jeremy Grantham, stunning rally we might be realizing emergence of a bubble. Plus well speak exclusively with Marilyn Booker, former head of Morgan Stanley suing the firm for race and gender discrimination lets focus on the stories were watching mike santoli with a look at broad market action. Steve liesman highlights from fed chair jay powell and covering coronavirus resurgence in beijing mike,ic can us off with a look at the session flat on the average butthat doesnt tell the story. The average holding the gains in the last three days, wavering around the flat line a lot but mostly due to the trillion dollar trio, amazon, apple, microsoft all outperforming. This is an oldfashioned early february day where the big megacap Growth Stocks holding index together as average stock slips a little bit this is the
To cnbc first around 9 30 eastern time this morning. Well also be talking to an analyst in just a few moments about ges offer, what he thinks ultimately will happen with this deal. First, more headlines from andrew. Andrew, good morning. You made it. Good morning. We can tell that story in just a little bit. Lets get you through some of the other headlines first. Two big names reporting after the bell. Twitter reported lackluster user and usage growth for the second consecutive quarter. That raised concerns about the company maintaining the mass following weve been talking about. The news on the growth overshadowing the betterthanexpected results. Twitter stock falling below postipo twice of 38. 80, that was the ipo low of 38. 80 on november 25th. You can see right now were at 37. 58. Also, lets talk about ebay a little bit. The company earning 70 cents a share versus on estimate of 67 cents. Revenue topping estimations as well. Coming in at 4. 26 billion. But guidance for its Second Q
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