It has been a rough start to the year as you know. The dow, s p 500 both down more than 7 so far in january 2016. Even worse performance for the Technology Heavy nasdaq. It is down 10 percent this month alone. That correction territory. Candidates squaring off in the final gop debate before the first votes are cast in the 2016 election. Blake burman with more on last nights actionpacked debate from des moines. Good morning, blake. Maria, good morning to you as well. Elephant not in the room as megyn kelly put it, donald trump was quickly addressed but from there candidates moved on to the issues especially immigration which is hugely important in the state of iowa. Showdown on that front between marco rubio and ted cruz continued. Trying to paint rubio as proamnesty. Rubio essentially called cruz a liar. This is the lie that teds campaign is built on and rand touched upon it. That he is the most conservative guy and everyone else, everyone else is a rino the truth is ted throughout thi
Hour. Anything kand often does happen in the last hour of trades. Stay with us. Well bring you all the details as they play out. It will been exciting close. Joining us ken mahoney, joe hider, Steven Parker of jpmorgan and lynn siindsey bell and our own rick santelli. Weve seen a growth bid this week. I have been talking about it all day. Consumer discretionary, tech materials. Is this finally the year for growth . Its been dzefensive for a while now . I think its a great sign for the market. Last year was a tentative rally. We saw things like utilities and staples leading. As yields were coming down investors were looking for other sources of income. What weve seen over the last couple week those cyclical name, the tech names, Consumer Discretionary names are starting to catch that bid and thats a positive sign. Is this normal for this stage of a recovery . Were in year six. Had isntthis isnt a normal recovery. A lot of what has been driving this is the yield. A lot has been focused o
Surprise rate cut by the rbi. They call it a vote of confidence in the budget. Come on. Urging skilled immigrants to return to ireland and take part in the countrys recovery. Coming up were live in dublin to talk to the countrys leader. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Hi everyone. Im seema mody live at the mobile World Congress here in barcelona spain and the focus on the mobile ecosystem. It continues to expand. Ill be exploring the future of mobile payments as i speak exclusively to the ceo of bbva. Hacking back in the headlines after a freak attack is discovered at apple and google. Coming up ill be discussing Cyber Security with the head of avg technologies but its not all work. Ive also been having a little bit of fun here. A play on some of the whack i can gadgets that have caught my eye. Well discuss that as well throughout the show from mobile World Congress. Once again a very warm welcome to the show today. Lets bring you da
And president obama and netanyahu clashing over Irans Nuclear ambitions ahead of netanyahus highly criticized speech happening today to congress. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Hi everyone im seema mody live from barcelona and its all about the survival of the fittest. We have coming up on the show ceo of blackberry, john chen talking about how he plans to keep the Company Relevant as it shifts focus from hardware to software. Plus the cofounder of htc joining me in around 30 minutes to talk about the latest Flagship Smartphone and the move into Virtual Reality hardware. Where will the next google or facebook come from . Europe . Ill be getting more from phillipe. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Hi everybody. Officially good morning. Welcome to two hours we have together. We have a lot going on. We do indeed. Good to be back on the show. Lots of coverage coming. Were manning the f
It doesnt make it over. Box Office Records also could be in danger when disneys new avengers movie is released. If youre looking for a potential blockbuster alternative investment, boy do we have one for you. How you can invest in films and get your name in the credits as well. In the markets right now, were sniffing again, 3 00 were on. All right. We were at 2,119 on the s p, just a little while ago. Down to 2,117. We need to get over there for a new historic high. Nasdaq in record territory but below where we were just a short while ago. Kelly. Lets get right to it with our closing bell exchange. Brad mcmillan joins from us commonwealth financial network, doug gordon from russell investments, peter costa from empire executions and our very own rick santelli. Lindsay, let me start with you. How bad is the First Quarter gdp number going to be . And whats going on with the Second Quarter . Are we getting much of a rebound here . As we saw in this mornings number, it was up 4 . Not norma