gold, crude moving lower this morning. the dollar setting some new highs. just now, jobless claims rise to the highest levels since june. poised for a higher open, lulu lemon beats on the top and bottom line. raises forecast for the rest of the year. another retailer trying to regain its cool. more from target, as well. the exclusive interview we just mentioned, that newly minted chief of sprint will sit down with favre. oil prices falling on worries about growing supply, international energy agency lowering its oil demand forecast. this on the morning after the president delivered that primetime address outlining his strategy for combatting the threat from those islamic militants, including american air strikes in syria. this counterterrorism campaign will be waged through a steady, relentless effort to take out isil wherever they exist and support for our partner forces on the ground. this strategy taking out terrorists who threaten us while supporting partners on the fro
its statement to drop the pledge to keep rates close to zero for a considerable time. the fed s two-day policy meeting begins tomorrow. the oil shock continues as crude oil prices bounce back after volatile early trading. brent had dropped to a 5 1/2 year low after the further price declines. also in the headlines, opec s chief defending the decision not to cut the output. wti is up by 40 cents only sitting at 58.21. last week 13% decline in oil prices sent waves throughout the global markets in the last five trading sessions. the yield on the ten-year t-note posted the biggest weekly decline in terms of a drop in terms of basis points since june of 2012. and the dow dropped almost 4% over the course of the week. that was the worst week since november of 2011. we ve been watching the equity futures this morning that look to be bouncing back, at least in early trading. you can check it out at this point, triple-digit gains for the dow futures up by 102 points. the s&p 500
nasdaq at 4,612. trouble in russia. russian stocks getting slammed. the ruble falling versus the dollar yet again. what is putin s next move? could there be another russian revolution? the former u.s. ambassador to moscow will be with us. oil shocker, which is at the root of russia s trouble. are we near a bottom. it was lower earlier. it rallied back just a bit right now. to sue at the nyse. and stocks are on a tear this hour despite fears about russia and its collapse in currency. come on in, bob pisani. you and i both said it the same time a couple of seconds ago this is one of the weirdest days that i can remember in a long time. screwy is the way i would describe it. volatility has been amazing today. the market can t describe what it wants to do. it is volatile. we have the oil up and down. it doesn t know where it is going. we have uncertainty with russia. we have a meeting. traditionally the markets are up the day before an announcement. we have a quadruple expl
elimination of a single word. patience. will the fed lose its patience? will it stay in the statement? will it be gone for good? what will it mean? will it mean another taper tantrum in the markets. also high on the agenda this morning, everything else. look at the ten-year note there s the yield at 2.05. gold down just a little bit. west texas up just a little bit. and the euro lower. it just takes $1.06 now to buy a euro. mandy s out. and as i mentioned, sarah joins us from the nyse. as you mentioned, all ten s&p sectors are actually red today. materials, consumer staples, and energy getting hit among the hardest. bob pisani down here ahead of the fed release tomorrow. let s talk about those energy stocks that made a turnaround. it s very hard to put together two up days. i want to show you the s&p 500, where we re coming off of the bottoms, but not by too much. we re still in the red. and as sarah mentioned, it s energy that you want to watch. now, this happened yester
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