Hit markets since the year began, is up the most among the big three over in europe. The tenyear note yield, crude oil always a key consideration here. You can see the tenyear note yield below 1. 8. Wti up 6 . Brent also nearing that 35 mark. Were well above 30 on wti. Our road map this morning, it starts with apples fight against the fbi. Things continuing to heat up. Tim cook sending another letter to employees, and fbi director james comey taking a shot at apple in an oped. Ailllergan with better than expected results. Facebook teams up with samsung with Virtual Reality. Over at barcelona. 2017 additive. You mean Virtual Reality will be added for facebook in 2017 . I think so. If you parse what Su Zuckerberg said in the last conference call, he doesnt do anything unless its now, versus google. Google says how much money you are really making on this . Want to talk facebook and google. Stocks are poised for a strong open to begin the trading week. You saw future theres helped by that
Europe relatively soft. Those uk and eu talks continuing. And watch the shortterm move in bonds. Oil, as joe just said, back below 30. Our road map is like this. Apples deadline extended. They have until the 26th of this month to respond to the court. Twitter and facebook both chiming in siding with tim cook as the security debate marches on. Yahoo forms an independent committee of its board as it formalized a process to review the sale of its core business. What is the next move for Marissa Mayers . Deere and nordstrom poised to open lower. First, stocks poised to open lower. S p up more than 2. 8 this week. Consumer prices flat for january, strip out food and energy, theyre up 0. 3. Separately, data shows that 70 of the nearly 175 companies that went public last year are now trading below their ipo prices. Guys, thats thats a rogues gallery of names. Yeah. Michael semblis, a fabulous strategist put out a piece talking about the unicorns. No one wants these companies because so many p
Year despite a rather uninspiring session today. The dow gained more than 400 points from last fridays close as concerns about china and oil took a back seat, at least for now. Today the dow industrial average fell by 21 points, closed at 16,391. The nasdaq gained 16, s p 500 basically fact. Smallest point decline for the s p since august 2012. For the week all the major averages rose 2. 5 or more. And as bob fasani explains there may be a key milestone for the market. Reporter this was an important week. Going into monday we had a oneday rally going. The s p 500 was still down about 9 for the year. The trend was down. Four trading days later the s p is up nearly 3 for the week. And the shortterm trend is sideways. Thats an important change. And its been notable bounces in the most beatenup groups. Old school tech names like hewlettpackard, ibm, cisco, had notable bounces and big global industrials like Northrop Grumman and Illinois Tool Works up 4 , 5 for the week, outperforming the m
Year despite a rather uninspiring session today. The dow gained more than 400 points from last fridays close as concerns about china and oil took a back seat, at least for now. Today the dow industrial average fell by 21 points, closed at 16,391. The nasdaq gained 16, s p 500 basically fact. Smallest point decline for the s p since august 2012. For the week all the major averages rose 2. 5 or more. And as bob fasani explains there may be a key milestone for the market. Reporter this was an important week. Going into monday we had a oneday rally going. The s p 500 was still down about 9 for the year. The trend was down. Four trading days later the s p is up nearly 3 for the week. And the shortterm trend is sideways. Thats an important change. And its been notable bounces in the most beatenup groups. Old school tech names like hewlettpackard, ibm, cisco, had notable bounces and big global industrials like Northrop Grumman and Illinois Tool Works up 4 , 5 for the week, outperforming the m
Year despite a rather uninspiring session today. The dow gained more than 400 points from last fridays close as concerns about china and oil took a back seat, at least for now. Today the dow industrial average fell by 21 points, closed at 16,391. The nasdaq gained 16, s p 500 basically fact. Smallest point decline for the s p since august 2012. For the week all the major averages rose 2. 5 or more. And as bob fasani explains there may be a key milestone for the market. Reporter this was an important week. Going into monday we had a oneday rally going. The s p 500 was still down about 9 for the year. The trend was down. Four trading days later the s p is up nearly 3 for the week. And the shortterm trend is sideways. Thats an important change. And its been notable bounces in the most beatenup groups. Old school tech names like hewlettpackard, ibm, cisco, had notable bounces and big global industrials like Northrop Grumman and Illinois Tool Works up 4 , 5 for the week, outperforming the m