Nasdaq up by 16. You have earnings, Economic Data and more fed speak. You have best buy, smuckers and gap all set to report erngs today. Weekly jobless claims hitting the tape at 8 30 avm eastern time and the philly fed survey and leading indicators. After yesterdays market moving fomc minutes well hear from Stanley Fisher today. Here on squawk box well hear from Loretta Mester. Shes the cleveland fed president and she will be joining us at 8 30 eastern time. The bank of Japan Holding its Monetary Policy steady. This despite data that showed the economy there slipped into recession. Also the nikkei closing at a three month high today. Square pricing its ipo at 9 a share. Its not great news because its below the range of 11 to 13 and well short of the stock in the private funding round. Giving them a market cap of about 2. 9 billion. Thats half of the private market valuation just a year ago and could have a huge impact on other private market valuations which of course public funds als
Network received 15,000 from disney and abc7 to continue their important efforts. Right now we have a local story of a young person making a difference. The city of san jose is teaming up with a south bay teenager to fight hunger. Kiran sridhar founded waste no food, a website and an app that lets businesses donate leftover food to charities. The hunger at home has already used the app to help Silicon Valley companies and restaurants donate 10,000 meals that otherwise would go to the landfill. Instead of putting a cheese tray out for 500, we deconstruct and put the different components in smaller platters, and when not used and it cant be consumed by team members or by future guests, then its donated safely. Now, san jose is the first city to partner with waste no food. Hunger is a big problem, sadly, in the wealthy Silicon Valley. One in four residents lives with hunger. One of those residents is in the studio with me right now, kelly kang. She is a wife, a mother of four, and their f
Disney and abc7 to continue their important efforts. Right now we have a local story of a young person making a difference. The city of san jose is teaming up with a south bay teenager to fight hunger. Kiran sridhar founded waste no food, a website and an app that lets businesses donate leftover food to charities. The hunger at home has already used the app to help Silicon Valley companies and restaurants donate 10,000 meals that otherwise would go to the landfill. Instead of putting a cheese tray out for 500, we deconstruct and put the different components in smaller platters, and when not used and it cant be consumed by team members or by future guests, then its donated safely. Now, san jose is the first city to partner with waste no food. Hunger is a big problem, sadly, in the wealthy Silicon Valley. One in four residents lives with hunger. One of those residents is in the studio with me right now, kelly kang. She is a wife, a mother of four, and their family struggles regularly to
The nasdaq down by just over six. Thats all coming as oil prices have rebounded this morning as well. We were looking at wti yesterday after the close ticking below 30 a barrel. It was down there this morning as well. As you can see, its recovered a little bit. Its now back at 30. 41. Okay. Lets also tell you a couple other things going on today. The fed and earnings keeping the markets busy. The fomc kicks off its twoday meeting today. Steve liesman will have the exclusive results of the cnbc fed survey. Also in earnings central, super busy this week, especially today. We have j j, Proctor Gambl gamble, 3m reporting before the bell. Apple reporting after the bell this afternoon. A lot of people watching that. The Company Expected to report that iphone sales increased slightly more than 1 , but that would be its slowest growth ever for the device. Analysts expecting 75. 5 million phones were sold in the final quarter of 2015. In huntington, bank shares is buying ohio rival first merit
The early Tuesday Morning looking at the sun coming up over rising and 705 in San Francisco. I despair at that all nightall morning. I wish i had a camera to take a picture of that. It doesnt he stepped out the door you can feel a bit about 10 to 15 degrees colder than was yesterdays. Model this afternoon 56 degrees will continue to get warm in the upper sixties to low seventies as we got through the week. And we can we might break a record breaker with highpressure dominating our forecast. 41 in santa rosa and livermore. I will have a full attack forecast at 715. Reporter we are tracking and hot spot and said martinez. Was from the walnut creek we had an accident southbound at north ministry several out reports of the second trackcrashon the street. Its back up a right onto highway for on southbound to 42 that drives time is up 22 minutes now just to get from here to here sueded jam up it will put a lot of pressure on national valley. Over the bay bridge the west brown ride continues