Passesdoing better today session. All major averages gaining and not only that, but building on the gains out of the gate this morning. Similar to what we saw yesterday where stocks had a choppy morning. Then they were up and stayed up at roughly the same level. Take a look. Ive looked at the s p 500 over the past three days. Gaine looking at a 4. 73 over that time. This is the first since december. We have not been having when he as far as this year. When i talk about the groups doing better today, we are talking about cyclical groups, economically sensitive groups. ,e have got materials particularly industrials and tech. That is the theme we have been seeing over the past several sections. Citigroup, bank of america, jp morgan. You could have taken any of the charts and they would have looked very similar to what were seeing today. I am looking at priceline, a rocket today. What is going on . Julie priceline is the biggest contributor to gains, up by 12 . The company came with earnin
Senators who sent a controversial letter to irans leader. What i do know is this letter was absolutely calculated directly to interfere with these negotiations p. It specifically inserts itself correctly directly to the lead are of the country saying dont negotiate with these guys because were going to change this. Olivia it has been predicted he will make a bad deal with iran. Crude fell today to its lowest price in six years. Trading below 4 a barrel before rebounding slightly earlier this morning. There is speculation the record oil glut in the u. S. May start to strain the countrys Storage Capacity. And the man arrested in the shooting of two Police Officers in ferguson, missouri, is said to have admitted to pulling the trigger but Authorities Say Jeffrey Williams told him he was shooting at someone else and not at the police. A Prosecutor Says they arent sure they buy that part of the story. The officers were wounded at a protest in ferguson last week. A shocking admission to the
We will take you live to switzerland when the News Conference begins. The second black box of the flight crashed into the french alpalps was found today. Meanwhile, the copilot is believed to have intentionally crashed the plane. Suicide methods were found on his tablet. At least 70 people are confirmed dead after a terror attack at a college in kenya. The gunman went to somalia. The alshabab terror group stormed the university 90 miles from the kenyasomali border. A number of them were being held hostage. Indiana lawmakers set to unveil a proposal today to amend the religious freedom mother has created criticism of the state from the business community. The new protection will ensure that the law will not allow businesses to discriminate against gay and lesbian customers. And the European Union probing deals of the record labels, streaming services were sent questionnaires by record labors that says regulators are not targeting one specific company. There is a wider eu antitrust inves
But chinese manufacturing numbers, price contraction more than expected. It is not going to actually help sentiment this morning. When it is good, no one believes. When it is bad, people really believe. We will have to see whether there is a read across into commodities. We also have gdp from spain pretty much as expected. Gaining 0. 3 in the fourth quarter. Staying on corporate news, hans, youre talking tech. A big deal for to lenovo and google. Normally when we talk about cool, we talk acquisitions. Today we are talking sales. They have sold or plan to sell their motorola handset unit to lenovo. We will look at both sides of the deal, who got what and what it means for both Companies Moving forward. Thank you so much. We will have plenty more throughout the program. Caroline, we have figures from shell and ericsson, roche and h m. Keep an eye on h m. This is a company that has been hit by foreign currency weakness in emerging markets. Profit missed analyst estimates. They did rise sl
Parts of the caribbean and top gun tells us why his money is still on sequels. Cutting edge kitchens. Were going to check out the slick surface that is designed to save you space. Check that out. Lets get this a more serious matters now. As tensions simmer in eastern ukraine, the effect is being felt on the ukrainian economy. Editor david tweed is in berlin. It was a reaction to that, first of all. Three Percentage Points is not a small increase. The rather large one. If you look at the markets you can see what a slight reaction. The currencies are dong are down. Not really much to talk about. Investors are saying that they want to see a resolution to this whole situation in ukraine to four theyre going to start moving back into that particular droves. Nt in very thinly traded, too, i might add, god. I am sure. Lets talk about the sanctions story. As a story on the ground develops further, the u. S. Looks like it will be pushing forward. The europeans a little more cautious at this sta