[ National Anthem ] [ star spangled banner ] [ speaking in Foreign Language ] [ speaking in Foreign Language ] you know mr. Rose. Expert welcomes from america. These are the two that actually do the work. They take all of the credit. Nice to see you. Thank you so much. Good to see you again. Appreciate you, sir. Good to see you. Very nice to see you. Thank you. Good to see you, man. Just some remarkable pictures here as the president meets members of castros administration, and vice versa. Ahead of a busy afternoon, a bilateral between the two leaders begins at 11 30 eastern. At 1 50 p. M. This afternoon, theyll each make statements to the media. 4 00, an event focused on entrepreneurship in cuba. Michelleca caruso cabrera, i still remember the news flash we got, i think about this time when all of this was announced in intent and plan, and here we are with these two leaders in the same room. And i can tell you this country, cuba, is transfixed, as well. This is being broadcast on nati
Care so far in the quarter. They are experiencing a modest pullback. If you are looking at the leadership so far, there it is, and the energy, and the financials, and the materials and health care, and the s p is largely flat, and they are pulling back on the stocks that have made the most money, and this is a garden variety pullback, and this is 2100, and that is what you have to keep in mind here, and at the end of april 2100, and 51 point, and this is a 2 pullback, and this is nothing terribly noticeable, and i would note that the weak dollar is not helping the commodities, and the weak china manufacturing numbers are putting the pressure on commodities, and that is the bigger story, and looking at brazil, and south africa down big, and exploration of the production down on the weak oil numbers that we have been seeing in the last couple of numbers and oil is on the downside. So it is the commodity play and the weaker china more of the big story here. And also, iron ore gyrating all
That yield. Yield does go thats yield. Yield goes higher. Crude oil is the key to this market. Geez. I say that before my friend to the right of me says it. Wow. Were above 50, jim. Thats a move. Its for real. And that seems to be having a broad impact as you might expect on so many markets which we will get to as we start the road map this morning. Glencore higher in the premarket. It plans to cut production, but alcoa lower on weaker than expected results. Tesla gets a downgrade while elon musk lobs a put down at apple. Oh, yeah. A bit of a smackdown. And gap shares are down almost 8 in the early trading. That on declining samestore sales. Well, oil prices as we said, extending gains. Crude on track to post the largest weekly increase percentage wise in six years. Shares of glencore also up. That after the Company Announced plans to cut annual zinc production by a third. And alcoas falling after it posted weaker than expected quarterly results, in part due to lower aluminum prices. L
Have waived their right to an extradition hearing. That speeds along the process where they return to the bay area. San Francisco Police held a News Conference here at Police Headquarters confirming that robbery and murder charges will be filed against the three people suspected of murder last week in marin county. And that the charges will be filed once the suspects are returned to the bay area from oregon where they were arrested. The San Francisco victim, a canadian tourist, 23yearold audrey from quebec. She was on the first leg of a u. S. Backpacking tour alone. Her body was found last saturday morning in Golden Gate Park facedown, a gunshot wound in a wooded area. Enough similarities to a marin murder that would happen two days later to involve san Francisco Police inspectors. After we learned of their homicide and the similarities between the two both are in outdoor areas, ones on a trail, ones at Golden Gate Park, we started working closely with the marin county sheriffs office.
Last night she said oh i feel so down when i feel left out so i, i turned around this for sure good monday morning. Welcome to squawk alley. Carl is off today. With me, john fort, holding down the fort at post nine. Joining us also, the cofounder of aol ventures, now president at confide. A lot to get to in the tech sector. The markets are making up some of the losses from friday. We had steep declines on what was the second highest volume day of the year, the dow fell more than 350 points. Crude hovering around 34 a barrel which continue to be one of the leading stories in the market. Bob is on the floor with more. As we are counting down, bob, to the end of the trading year. Yes, and were up, and we should be up. The fed has made its decision. Options exploration is over. Were in a new oil contract. This is the seasonally strong period. Particularly the time when you pick up the beaten up stocks this year for possibly gains next year. The problem is this lower for longer theme is rea