Round two, a candidate mitt romney and donald trump sat to make what he called a major speech on the current president ial camp in this morning. Lauren Donald Trumps wife, milan and sat down to talk about donald trump and her new life in politics. We will show you the interview. Nicole great interview. In sports, the spurs clinched a playoff spot. Moves them closer to a title. We will have all the highlights. Good morning, everybody. Lauren at 5 00 a. M. In new york. Welcome to fbn am come your first look at todays markets, the latest breakin is and what to expect for the day ahead. Train to the Justice Department reported that granting immunity to a former state Department Staffer who worked on Hillary Clintons private email server. The Washington Post said brien pack liana setup the server at her new york home in 2009 before he was hired by the state department. Ted cruzan nicollet fio last night when a man on this latest development. This is an Ominous Development for the Clinton Ca
Closed up some 8 . And then the tenyear yield still below 17. Six more weeks of winter but a Second Chance for the markets this year. Investors looking to kick off february in the green after closing out of january. Represented the worst month in a year. Lower oil prices pushing exxon mobils Fourth Quarter down, 21 . But thats still better than wall street thought it might have been. And a controversial call on super bowl xlix rivalled by some controversial calls by advertisers. For two ceos, it gets personal. But first up hoping to get their mojo back up. They posted their biggest monthly losses in a year. Blue chips down about 37. Nasdaq down about 21. January was good for socalled safe havens. Treasuries, their best monthly performance since 2011. Gold an 8 gain. Interesting month. Things like netflix, merck, unh still working, jim. Yeah, it was one of those market where is the domestic stocks did well. A smattering of high growth did well. A couple of big caps. But in the end, it w
Doublebarrel washington shotgun of a Government Shutdown and a debt ceiling crisis . Really, how were we down so little . The given that our precedent was on earlier this evening talking about the federal workers who will go out pay and how we are entering a height of irresponsibility moment for the federal government. The house of pain lets ponder. Lets ponder while were barely down, believe me, 0. 6 on the s p barely down. Nasdaq down a quarter after being up 25 for the year after coming into the session, thats barely a selloff at all. First we have to wonder whether there was something mechanical today. It was the last day of the quarter. I told you endlessly that the big mutual funds like to show you theyre right about the market by owning the biggest earner. They dont tell you when they bought it you have the assume theyre brilliant, clairvoyant even. Hedge funds like to stand underneath. Meaning theyre bidding below the market. This happens. They dont like to give up the ground t
Down its march to 14,000. Traders and investors took money off the table as gdp came in weaker than expected for the 4th quarter. Instead they put money into gold and oil. Facebooks wild night shares initially dropped 10 on earnings that topped wall streets expectations, then turned around and rallied back with a gain. As lawmakers consider gun laws, the nra reports membership is up a half million people, and the campaign to prevent gun violence reports recently raising 5 million. And Time Magazine plans to get lean. The company is cutting 500 jobs worldwide, to become more nimble. Ben lichtenstein of tradersaudio. Com joins us for a closer look at the market today. Ben, how rattled are traders behind the scenes over the latest gdp number . For the most part not really. Initial reaction to the number was extremely limited this morning. Again, slightly lower, not much of a concern. One thing traders were talking about is the second lower number are we in a recession . What about the fed