Bomb for stocks. Hell tell you what it is and why this hour. West texas crude crossing below the 50 mark for a short time. Right now just a nip above it. This is a massive cold snap about to cover much of the united states. Snow, too. Already hitting some parts of the country. Its going to be a rough week for weather. Snow ice and freezing cold. The forecast is ahead. We give it all to you, including sue at the nyse. Hi ty. And stocks have been spiraling lower this hour. A big triple digit loss on the dow jones. But we want to take a look at the dow and markets through the prism of ets. You can see down almost 1. 3 . Qqq, nasdaq 100 and the iwm is the russell. Now, the Health Care Sector is traveling with a break even line today. Some people were calling that a safe haven earlier. Not so much now. The hardest hit sectors of the day, energy. Financials materials, also down considerably on the trading session. Now, the transports and ten year transportation average is now down almost 2.
Bucks a barrel. 50. 65. Lowest since may 1, 2009. Last time if youre keeping track below 50 april 29 2009 when we hit 49. 12. How about the ten year note yield. I was on vacation didnt look at it every day, yeah 2. 091. Wow. Wow to both of those things. Lets get to our road map this morning which you can probably guess where it starts. The markets, crude, and euro all under pressure this morning. Global uncertainty is back in this new year. Chrysler reports a 20 jump in monthly sales. Were going to explain why that may not be good enough for gm. We will be hearing from them in the next hour. And starbucks downgraded. Koeg coke upgraded. The roeneason behind both coming up. Crude fall to go a new 5 1 2 year low. You also have the euro falling to a 9 year low on Political Uncertainty in greece. And expectations that the ecb will deliver quantitative easing later this month. Jim, baby. Were back. No shortage ever things to discuss. Discuss. Not a lot of corporate news. But well be focused
Of data on the docket. Building up to fridays jobs report, today we have december auto sales. Tomorrow, its ism nonmanufacturing and factory orders. Wednesday we get the adp. And well have International Trade and minutes from the last fmoc meeting. And thursday the initial claims and the friday payroll report. How are traders viewing 2015 . So far with a slant to rise 8. 2 this year. The big drivers they are looking at economic expansion and earnings growth. Oil prices dominating the market this morning with wti and brent losing half their value since mid2014 with prices falling to 5 1 2year lows this morning. Among the headlines, iraqs oil exports were at the highest level since 1980 last month. Also, we can tell you the new congress meets this week and the incoming chairman of the Senate Commerce and Transportation Committee says a gas tax is on the table with them not rising since 1993. I dont, joe, drive, but i think 18. 4 cents per gallon for unleaded. I think its 24. 4 for diesel
And dog fights. A feud between pita and sara palin gets nastier and even more personal. She joins us live today, tuesday, january 6th, 2015. Good morning everyone. Welcome to today on a chilly Tuesday Morning. 21 degrees outside and that is headed down. 60 in new york city sunday. 21 today, getting colder. Snow on the way. Wipe that smile off your face. Exactly. Really do. Lets show you whats going on right now. Again, weve got another arctic high and weve got reinforcing cold air behind that. We are going to be watching this strong High Pressure build in. Weve got windchill washrnings stretching all the way into the northeast today. Right now, it feels like 16 below in minneapolis, zero in cleveland. New york city, it feels like nine. And then tomorrow morning, record lows. Were going to get to minus 14 in minneapolis tomorrow morning. Cleveland at seven. As we move into the northeast, it will be 24 in new york city, 16 in charleston. Thursday, even colder. Nine below in chicago. That
As martyrs. Meantime, there is a second standoff, this is happening at a Kosher Grocery market in paris. It appears the person responsible for this is linked in some way to the brothers responsible for the wednesday attack. Five people are reportedly being held hostage by the gun moon inside that score who as we said appears to know the brothers accused in wednesdays massacre. A lot of moving pieces this morning. In a moment were going to Richard Engel. He has some on the situation with the brothers north of paris near the airport. But well start in paris with lester holt and the scene at that Grocery Store. Good morning. Bring us up to date. Reporter savannah, a lot going on. A few hours after we heard of the hostage taking outside this city that word came of this hostage taking and shooting at a Kosher Grocery store on the eastern edge of paris itself. There are some unconfirmed reports of casualties. The person who is believed to have taken these hostages is a man identified as ahea