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
Tenyear eeled reacting to a ppi number that did run a bit hot, first rise in a few months and europe in the green at least for now. Our roadmap begins with a cnbc exclusive. With both apple and china mobile ceos, apple shares rising in early trade on the tech giants new deal with china mobile. Bank of america reporting betterthanexpected Fourth Quarter results. And as new ceo mary barr takes the helm, gm expecting pretax profits to rise modestly this year but margins remain flat until 2015 on the back of news that the automaker will pay its first Quarterly Dividend in almost six years. And elon musk taking on the government for the proper term for teslas fixes. First up, though, apple shares rising in the premarket on optimism surrounding the companys deal on china mobile. Tim cook saying it will help bolster sales in the Biggest Smartphone market and china mobiles chairman said the agreement will entail various cooperative ventures and will not be limited to iphones. Cnbc spoke exclus
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piper jaffray s gene munster at 6:40 eastern time. one more tech name of note, advanced micro devices. second quarter earnings falling short of consensus. also the chipmaker is warning current quarter revenue will also miss estimates. the company has been hit by a shaky global economy and shift towards tablets and smartphones. and steve, i ll send it over to you. in other headlines, a group of banks being investigated in the libor scandal reportedly looking to pursue a group settlement with regulators. the banks said to prefer this rather than face backlash by going it alone. discussions are preliminary. mayer getting a $70 million pay package to lead yahoo!. it includes stock options over five years. a survey today finds u.s. auto companies will hire more people and expand plants over the next year. the companies say they need to keep up with increasing consumer demand for vehicles to replace aging cars and trucks, joe. thanks, steve. time for the global markets re