American airline shares up added to the s p at the end of the week. Well hear from ceo doug parker. Apple reportedly in talks with programmers about plans to launch Online Tv Service this fall. The end of an era, microsoft reportedly dropping the Internet Explorer brand. First up futures falling amid a slide in february housing results as the fed gets ready to kick off the meeting. Its the biggest miss on starts according to the spoke since 07. Holy cow. Hard to build a house in february. We were among the weakest countries in the world during the month of february. Its funny what the feds going to doen they look at february building homes fewer when we had half as many people in the country, household formation not good, rents going up. Its worrisome. Its worrisome. You cant lose housing. Housing punches above its weight as john stupmf would tell you. Looking past it . No. You dont need if they get rid of patient word its happening at a time i would like to see march data because ive
Securities, the gauge rode to a sixweek high. This morning, u. S. Equity futures are indicated up slightly, up by about seven points. S p futures down by over a point. Nasdaq up about a point. And the tenyear note, this is what weve been watching so closely. The tenyear note at some point is yielding 2. 8 . Exactly. Thats been driving the direction for a lot of these things. Moving up yesterday was around 2. 78. But 2. 8 is where people start to sit up and take note. Just under 16,000. Vix at 14. Tenyear, 2. 8 . Im not ready to say anything yet. Are you . No. But you wonder, if you looked at november every time there was a dip, people jumped in and bought. Thats not happening. No, no, bring that last one back up. We cant say anything. Look at that. Does that look any different than anything else . You know whats weird, is the dow had its biggest look at those others. I know. But weve gotten so used to gains. Look at september, look at all, look at june. Down, slightly back up. The dow
And wendys. All of them reporting before the bell. After the bell, we get gap, monster beverage, salesforce. Com, splunk, and deckers. Lets get over to andrew with more of todays top stories. And andrew, good morning. Good morning, becky. Were watching shares of jcpenney. The stock spiking afterhours. The trouble retailer reported a loss of 68 Cents Per Share for the Fourth Quarter. That was smaller than expected. Revenue also missing, but heres the good news. The retailer is upping its samestore sales and Gross Profit Margin forecast for the year and youll want to keep your eyes on that. Jcp shares are down more than 30 so far this year. Well be talking more about jcpenney with dana telsey at 7 30 eastern time. Tesla raising cash to expand into the future. The company will be rolling out plans to build a factory and develop what its calling its gen3 mass market vehicle. It plans to build its gigafactory in arizona or texas. The Company Expects the company to run at about full capacity
Part in what has become an annual ritual. They recited the names of nearly 3,000 victims. And my brother, i miss you. Its been a long 13 years. Terrorists hijacked four passenger jets on the day of the attacks. They flew two of them into the twin towers. Flew another into the pentagon. The fourth crashed in a field in pennsylvania. President barack obama took part in a private ceremony at the pentagon for relatives of the 184 People Killed there. We carry on because as americans we do not give in to fear. Ever. Obama spoke as commanders were planning to take on another threat. Hes authorized them to expand air strikes in iraq and syria on militants with the Group Islamic state. Americans prayed that they would never see another 9 11. Russian president Vladimir Putin wants to test the combat readiness of his troops. Hes ordered them to carry out drills in the far east. Similar snap exercises earlier these year raised fears of a russian intervention in ukraine. Officers will drill with a
Part in what has become an annual ritual. They recited the names of nearly 3,000 victims. And my brother, i miss you. Its been a long 13 years. Terrorists hijacked four passenger jets on the day of the attacks. They flew two of them into the twin towers. Flew another into the pentagon. The fourth crashed in a field in pennsylvania. President barack obama took part in a private ceremony at the pentagon for relatives of the 184 People Killed there. We carry on because as americans we do not give in to fear. Ever. Obama spoke as commanders were planning to take on another threat. Hes authorized them to expand air strikes in iraq and syria on militants with the Group Islamic state. Americans prayed that they would never see another 9 11. Russian president Vladimir Putin wants to test the combat readiness of his troops. Hes ordered them to carry out drills in the far east. Similar snap exercises earlier these year raised fears of a russian intervention in ukraine. Officers will drill with a