Lauren downey for the dow. S p one, nasdaq down to. North Korean Leader makes a thread ordering his military on standby for nuclear strikes at any time. Nicole a Chinese Company might be the biggest operator of Movie Theaters in the u. S. Lauren 5 01 a. M. In new york on friday march 4th. Welcome to fbn am come here to fbn am, your first look at todays markets, the latest breaking news and what to expect the day ahead. Nicole a redhot debate last night in detroit. Residential candidate facing off in their 11th debate in the race and the gop nomination. Senator marco rubio and ted cruz intensified their attacks on the front runner donald trump. Donald trump has knocked everybody with personal attacks. Hes done so to people sitting on the stage today. Is today. Is a good candidate on the day. If anyone deserves a donald trump. Look at those hands. Are they small hands . And he referred to my hands if they are small Something Else must be small. I guarantee you thats no problem. B. Mike i
Cfo will join us first on cnbc. Staples and office depot higher in the premarket, reports two in advanced merger talks. First up Oil Prices Rising sharply on expectation of decline and u. S. Drilling activity. Bp posted better than expected quarterly results. Bp ceo bob dudley spoke this morning. I think its going to take time. Could be a long time. There is excess supply. U. S. Productions still growing. We see about the rig counts what its growing. And chinese demand of course great. Growth in china is not as high as it was. So we have stock levels filling up all over the world, tanks filling up. Wont be long before people putting them in ships and that take is along time to work its way off. Is there a lot of oil news today. Thats just one data point. I love bob. Hes late here. Theres already been a dramatic increase in the number of financial players taking down tankers. If you look at nordic and american tanker they will tell you that is happening now. Whats interesting and bob du
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