Average of the three. European markets this morning, lets take a look. We are in the whoa. Gave us a few more there. Look at that. They added italy and spain. Getting a little creative there in the old production booth. Thanks, guys. Always wanted to know whats going on there. But the three we look at are all down and there is the 10year note yield at 1. 52. Crude hanging there above 42. It has for the last few days as you also see brent. Lets get to our road map this morning. And it starts with the earnings out from yesterday from disney, which topped estimates, making a billion dollar streaming bet as well. We will take a look at the companys video plan and hear what ceo bob igor has up his sleeve. Major Retail Stocks on the move after earnings. How the retailers are handling the pressure that keeps up in that industry. And Michael Phelps making history last night. We will go live to rio and get carl to bring us up to date on all the latest action, including that amazing and very clo
Says and the three, count them, stocks he likes. Okay. Well stocks well off their heigs this hour. The dow was up 173 points earlier on in trade. Todays big ipo stumbling out of the gate. Dom chu is on the floor with the juicy details. Mandy, tyler, the big deal here is this ipo here for pure storage at post eight right behind me. It was supposed to be this barometer, if you will, of tech ipos and the appetite for that kind of investment or risk in this marketplace. It priced at 17 bucks a share, right in the midpoint of the range. They sold 25 million shares. So again this company wanted to see their stock go up out of the gate. However, what youre seeing up there on the chart is down 5. 5 , near the lows so far today. Its traded in a range. It went as low as 16, as high as 17 at one point. As you can see on the bottom of the screen, this company is important for a lot of us viewers out there because it was one of the cnbc disrupter 50 companies from 2015. Those companies that were we
All right. Happy new year, rick, to you and everybody at the chicago merc. We have some serious breaking news from dubai in a scary situation. Here again is sue herera. Absolutely, brian. Here is what we know. A fires a engulfed the address hotel located in downtown dubai. These pictures are coming to us from the Associated Press. This fire broke out just a few hours before dubais massive fireworks display was set to go off. It is in the address hotel. It has engulfed at least 20 floors according to the Associated Press. We dont know the cause of that fire. We dont have any word on casualties. We do know that First Responders are on the scene. Once again, it is a massive fire in a tightly populated area of dubai in a very popular area of dubai im told, and, brian, i think you also stayed at that hotel, have you not z . I have been to that hotel, i have not stayed there. I have been to that region. That is the premiere shopping and recreation and dining destination in dudubai. I dont wa
Here at this hour, by the way. We also have both covered with a live report from iraq and our pros weigh in on just what the fed may do this week. Also, a very special and exclusive interview after the bell, traveler ceo jay fishman in a rare oneonone. He is widely viewed as one of the most respected and effective ceos in the corporate world. Fishman will weigh in on the state of his business, the overall economy and much, much more. You dont want to miss it. All right, we cant wait. In the markets right now, take a look at the dow. It is down about nine points. The situation in iraq is certainly weighing heavily on the minds of investors today. The fed meeting, which is looming, which begins tomorrow, is as well. The nasdaq holding on to a gain of just under four points. And the s p 500, we can call that flat on the day. Joining our Closing Bell Exchange right now is rob stein of Astor Investment management, joe tanias, kim forrest of fort pitt capital group. Wow, i got that right, fi
Because americans will be watching to see if you follow through on that promise. Now, i also would like to follow up on senator frankens question. I think there was something there that didnt quite get answered. As you know, congressman, the one goal of the Affordable Care act was to push the Health Care Industry to provide Higher Quality care at lower cost. And under the aca, medicare was recently allowed to change the way that it pays hospitals for hip and knee replacements, to something called a bundle. And that means medicare pays a set price for the care associated with hip and knee replacents, anthen the hospitals, not congress, will decide the most effective implants, reduced second surgeries, better fight infections, how to spend their money to deliver Better Service at higher cost. Now, i supported this change, because the Research Shows that it really means you get better care at lower prices. But i know the policy is controversial, because it affects how hospitals are paid,