The hour. We are delighted to have both of you here. Kicking us off right now is vonnie quinn. State johnretary of kerry and his russian counterpart agreed on a ceasefire and a meeting in munich. They also agreed to airdrop humanitarian aid to syrian cities. Still be planes will able to attack islamic state. In oregon, the last four holdouts in the occupation of the wildlife refuge go before a federal judge today. They surrendered to agents yesterday. Now that they are battling oneonone, more differences between democratic president ial candidates are emerging. As they debated last night, referred toton Bernie Sanders ideas as unrealistic. But Bernie Sanders says he thinks voters are ready for a new reality. Bernie sanders the American People are tired of establishment politics, establishment economics. They want a political revolution. Come together, not let the us,ps of the world divide and say in this great country we need a government that represents all of us. Caucuses will be hel
The momentum we got last week. Initially that wasnt happening, but then we had a shift led by commodities. If you look at the three major averages, we have a mixed market. The dow jones hanging onto its gains, one of its best performance has been to punt, on speculation that basf could make a bid for the company. If you look at what groups are doing the best at the moment, energy is getting the most, even though this picture is now looking more mixed. Technology and Consumer Discretionary are the biggest drags even as energy holds up well. If you look at the up trend we have seen since february 11, will it remain intact after today . Since that low, the bounce has been 9. 4 . What is interesting, the gains have been coming. They have been coming by the least loved groups, the most beatendown groups in the s p 500. We are looking at the s p 500 since february 11. This is the financials index in blue, which had been better the most year to date, and has been coming back. Finally, this is
Going down, going down big time. And facebook leans left, and mcdonalds is introducing on the righthand side of the screen, garlic fries. You get it all here. Varney company is about to begin. I want to congratulate ted. I know how tough it is. Its tough. I have met some of the most incredible competitors that i have ever competed against right here on the Republican Party. From the beginning ive said that i would continue on as long as there was a viable path to victory. Tonight im sorry to say it appears that path has been foreclosed. We started off with that 17 number and just so you understand, ted cruz, i dont know if he likes me or if he doesnt like me, but he is one hell of a competitor. He is a tough, smart guy. With a heavy heart, but with boundless optimism for the longterm future of our nation we are suspending our campaign. Well, there you have it. Thats what happened last night. Now, were going to cover that in depth of course, but first this. Stuart it looks like it will
Caroline at incwe want to get perspective, tom. We want to get the idea that this extraordinary Volatility Oil prices, stocks following eike a lost puppy will we se what is happening in the markets reflect on the overall economy . The eu cutting growth figures for gdp that is a market d circumstance. Tom im bringing in vonnie quinn before she does the news. It really shows the growth tension. Vonnie and the inflation forecast, cut by half. That is a huge move. Also assuming brent crude at 35. 80 per barrel, down from 42. 50 per barrel. Tom and this set that up perfectly this morning. We will look at the bank of england, announcements coming out, and David Rosenberg will join us in the next hour. He is adamant that deflation fears are overdone. Right now we need to check up with the news. Vonnie the euro strengthening. Days after they began the syrian peace talks, geneva has been suspended. Againste major progress rebel held areas, backed by russian airstrikes. Says syria talks will res
We begin with peter cook as the chairman of the u. S. Federal Communications Commission releases his proposal for Net Neutrality rules. Good afternoon. Good afternoon, mark. His basel spelled out his proposal will affect every american who uses the internet and every web business as well. It kicks off what should be a giant fight that pits the most powerful companies against each other. Responding to millions of Public Comments and a challenge from president obama back in november proposing to start regulating broadband more like a phone service instead of an information service, dictating strict new rules over how they manage traffic on their networks. The title ii reclassification is a big leap for the fcc. One he has been reluctant to take until now. It would impose rules barring ifcs isps from creating fast lanes, Wireless Networks will be covered and in a bid to soften the blow, wheeler promises this will be light touch regulation. No tariffs on bundling. That should give them som