Here are the top stories we are watching. French air accident investigators looking into yesterdays german plane crash saying voice recordings survive the impact. They say this will lead to clues in seeking to explain the tragedy a full analysis may be months away. Graces Central Bank Governor speaking in london. He said greek banks must actively manage stressed loads. We will have more later in the hour. Facebook opening its messenger chat application. The app will be opened to businesses to communicate with customers and to make reservations. We have got less than an hour until the close of trading. We are looking at some of the action. We are seeing a selloff that seems to be accelerating. It seems hard to find out why. The tone hasnt changed much. Moving ever farther away from matching the record high. Chip related stocks are getting hit. Ibm, intel, microsoft. We know intel tells us the cycle has come to an end when it cuts its sales guidance. He analysts are talking about weak de
Noon. Heres a good place to start. Is in advanced negotiations to acquire all the lucent. It would help no p. M. Compete with eric help nokia compete with ericsson. Calpers had an increase of 6 over last year as the value of its portfolio rose by 8 . Shares of profits have more than tripled since the recovery brought on by the recession. Walt disney is investing in a Steven Spielberg film the bfg. The bfg. It is based on a terrific childrens book. If you havent read it, it up. Pick it up. There are less than 60 minutes to the close of trade. Scarlet fu had and i on some of the late action. Scarlet weve been drifting around in search of earnings before tomorrow. Cautious trading in europe helps to set the tone. Tomorrow, jp morgan, wells fargo, j j, intel reporting. Ahead of that, down slightly for the nasdaq s p, and doubt. The fix is moving up, which shows the increase in prices investors are willing to pay. It is just below 14 right now. You gave us some great approaches him a dollar
Im francine lacqua. Coming up super bowl scandal. An ad vert that is stirring up a storm. H m is gunning for a touchdown. We will see if the new David Beckham campaign will help the retailer. Buyingfed trimmed bond segue. If you have a good way so the fed is pushing global stocks lower. To break it down, lets bring in manus cranny and jonathan ferro. A statement. The statement focuses on the labor market. Its mixed, ok . And growth has picked up. It is the first nonconsenting Federal Reserve. I think that is important. This is a Federal Reserve thta at going into the tenure of janet yellen and the potential to step back from tapering. Its pretty darn high. The view from citigroup is that hasta la vista, baby. That is what the fed is saying to emerging markets. Excuse the pun. I liked it. Worry about yourself. It makes sense. That is what the mandate of the centralbank is. Emerging markets not too happy. Manus talking about the unanimous decision. At this point, you have to say points t
Hsbc had a preliminary read. The chinese stocks are looking at the worst arch of year since 2010. In the u. S. , we have Economic Data at 8 30 a. M. With First Quarter gdp and initial jobless claims, 9 45 a. M. , bloomberg beforer comfort, 10 a. M. The bell, we have a slew of earnings. After the bell, it will be google and amazon. Those are two big ones in retail. Are they more optimistic off of what facebook did . And facebook has so much rising power. Lets get to the data check. Cable is out. Revenue was higher than anticipated and they increased their dividend by 15 . A lot of earnings are coming up this morning. There is the data for you. The yield is a big story. The fed meeting and there are the currencies. I am watching the yen and it is better than good. It is weaker. Is at thefor me bottom, a basket of euro and dollars. Chart and its ugly. If you are Vladimir Putin, this is not good as the world comes to sochi. The ruble appreciates and then it has been churning and you see th
Day two ofcovers Janet Yellens congressional testimony. And recovers silvio burwells nomination hearing. And we have an update on the crisis in ukraine. But first, the president says Vladimir Putin plans to go to for a ceremony marking the 70th anniversary of dday. If president putin makes the trip, it will be his first meeting with president obama and other western leaders since the start of the ukraine crisis, which has longed relationship relations between russia and the u. S. To its worst since the start of the cold war. Of president putins inner circle have been slapped with travel bans and freezes. Said he wastin pulling back troops from the border and today he says he is testing his armys combat readiness. What is he really up to . It is clearly a skin of fred six message. I would love to be a fly on the wall with that dday celebration and prudent having to sit next to all of the other leaders. Putin having to sit next to all of the other leaders. Back, Vladimir Putin came and s