As for earnings central, mcdonalds results will be in the spotlight. 8 00 well expect those numbers. It will be a busy week on the economic front. A number of key numbers. The september jobs report. Thats right, on tuesday we get that jobs report we were supposed to get a couple of weeks ago on a friday. Also, well get last months Consumer Price index and then september cpi on wednesday. Our economic newsmaker of the morning on squawk box, Charlie Evans will be joining steve leaseman in a cnbc exclusive. Joe. Thanks. Back to our top corporate story of the morning. Jpmorgan coming up with a settlement. This is mandatory reading. Im going to talk about it later. Well let you do your report and then well talk about what it means. And then we can go for it . Then we can go for it. After weeks of tense negotiations with the government, jpmorgan appears to be very close to a resolution to the tune of about 13 billion, which is a bit more than expected originally. In a phone call friday night
The full senate for final consideration. Steve liesman reported last week senator rand paul said he was thinking of putting a hold on yellens nomination unless a voet vote was loud on his proposal for more transparency on the fed. Beyond the fed, there are some other economic happenings. Namely, at 8 30 eastern time, we have two reports delayed by the Government Shutdown. First, we go the Consumer Price index. We also get retail sales. At 9 00, we have the s p caseshiller home price index. At 10 00, we get business inventories and Consumer Confidence. As fort corporate news, pfizer, etna, archer daniels, nokia and jet blue. By the way, stocks are coming off a flat session to start this week. The futures this morning, after all of that, youll see at least right now that the futures are indicated slightly higher. The dow futures up by about 23 points. S p futures up by about 2. 3 points. And, joe, ill send it over to you. Another uptake . Eight out of nine for the s p, i think, and the d
Becky will be back tomorrow. Traders returning from the holiday. Weekly jobless claims are set to hit the tape at 8 30 eastern time. Economist expect first time filing to decline. Many International Markets are closing to do boxing day holiday. Its boxing like the presence of boxing. Anyway, just in case you didnt know. U. S. Equity futures taking a look, setting itself up on this post christmas day. Nasdaq, up about 5 points, the s p 500 up 3 points. Also, a lot of obviously great news for investors to be happy about this Holiday Season. Data showing its been the best year for stocks since 2009. The average u. S. Equity mutual fund gained nearly 32 through december 20th. That edges oat the s ps 30 gains during the same period. Also, Small Company stocks eating their larger counterparts growth top value and returns of u. S. Funds. The day after christmas has become a huge opportunity for the neighs retailers. Some began sales online yesterday. Stores are looking to capitalize on people
Government calling for a execute session. Armed men have now seized two airports after taking a Parliament Building hours earlier. Russia denies its forces were involved. The region is home to russias black sea fleet. Jim maceda is in moscow. Jim, there have been a lot of stories circulating around about whether or not russia was involved. Thats right. Russia does deny it, as you say. But it didnt have to be their military. Because it was dozens of russianspeaking gunmen who stormed those two airports today. The main airport in crimeas capital as well as a smaller military airport. Now, it looks like a repeat of yesterdays incident, when those armed commandos seized crimeas government buildings. Again, they were not russian, per se. They were ethnic russians living crimea in ukraine. At the commercial airport today, eyewitnesss said the gunmen were looking for ukrainian guards, but where they couldnt find any, they simply left. However, a few vigilantes were left behind patrolling the
Will be maintaining its ultra easing Monetary Policy for as long as needed. In particular, the target for the federal funds rate is likely to remain near zero for a considerable time after the asset purchases ends, perhaps for a time after the threshold is crossed and at least until the preponderance of the data supports the removing of the. The big question, of course, is when the taper begins. As for his life after the fed, ben bernanke says he looks forward to speaking and writing. Beyond the economy, well get a number of key corporate results today. Quarterly results are due from deere, jcpenney and lowes. In the meantime, we have a little bit of Corporate News for you. Yahoo is increasing its stock buyback by another 5 billion. It will be selling notes that mature in 2018. About 200 million of the proceeds will be used for the stock buyback. Shares rising on the news in after hours trading. Ceo Marissa Mayer speaking at its salesforce. Com meeting last evening. We dont think were