Development. We see how it breaks apart from the oil price movement. Meanwhile, apple has had enough of the rubles wild swing. S stopped online sales of its products in russia while it reviews pricing. Russia plans to pump the same amount of Oil Next Year as it did in this year. West texas intermediate has been down as much as 2 and has been trading a little under 55 and barrel. Versus theecutives board at American Apparel, the struggling retailer that targets teenagers. The company has fired founder dov charney for misconduct. More than 30 executives want the board to reconsider. They say charney should be around to help the next ceo because he is what makes this thing kick. Charney violated American Apparels sexualharassment policy and missed used company funds. Charney calls the accusations baseless. Hackers are warning sony not to show the movie the interview. Threatdio is taking the seriously. He company has canceled the new York Premiere and have told theaters they are allowed to
Will the global rally extend to the u. S. For a third day . The s p coming off its biggest 2day jump in three years. Rising 4. 5 . Futures have pared gains but still indicate stocks were up and higher. European stocks turned lower. The president of france making ranks with the eu over russia. Francois hollande suggesting that sanctions against the russians could be scaled back. He spoke at an eu summit in brussels. That the gestures restaurant is making are what we are waiting for. There is no reason to enact new sanctions. On the contrary, they will allow us to start the escalating the situation. The u. S. , u. K. , and jeremy disagree. Germany disagree. David cameron says the door is always. Open if russia changes behavior twitter has started selling advertising in russia. Twitters first advertisers in russia include the countrys wirelessender and a company. Facebook has a problem here it is not as cool as it used to be among teenagers. To 17yearolds found that fewer of them were usi
Likely to remain low. The blue chips rallied 181 points the nasdag 71 and the s p 20. Gold added 3 dollars and oil 79 cents. Shares of bed bath and beyond dropped 4 after the close as the retailer reported a 10 profit slip. A new filing shows jp morgan cut ceo jamie dimons pay to 11 million last year from 18 in 2012. Floridas orange crop will be the lowest in decades according to the Ag Department as a deadly greening bacteria infects trees. And northwestern starts the process of appealing the ruling making it possible for Football Players to unionize. Joining us now is trader todd horwitz of average joe options. I love to tease todd because hes the most bearish i have ever met. Good morning big bear. Whats up . Good morning to you. What did you think about those fomc minutes . And the rally that ensued . I think the fomc minutes were exactly what you expectthat the fed was going to try and take back what they said and what janet yellen said after a last meeting and say that they weren
Iran coming in hot and heavy on one side. Considerld obviously the fact that if its a view of throughon is solely sectarian frames, they could find themselves finding fighting a lot of locations. Thats not good for the iranian economy or the iranian people for the longterm. I suspect there are folks in iran that recognize that. Old habits die hard and we will they would have to take what would be a more mising path will stop president obama finishing up an hourlong talk about the situation a rat situation in iraq will stop he talked about not only specific plans he is going to take now but also a philosophical view. The president has 300 military advisers that will be going to rack. Some of them will be working on intelligence efforts to try to now. With the violence sending secretary john kerry to the region to build some sort of effort toward a political solution. The president ruled out any u. S. Ground forces beyond these military advisers going in and said the possibility in the f
9 45, comfort index. 10 00, Philadelphia Fed Business Outlook as well as the Economic Indicators. Could be up for the 14 month in a row. Does that get in with attention . Makefinitely, as we try to sense of what the fed is going to do in 2015 and 2016. I am alighting on lead indicators. Do need another cup of coffee . Blackberry at 7 00 earnings. This is a big deal . They been trying to turn the company around. It is more of a niche player. We will see how it turns out. On the heels of the new amazon smartphone. And kroger before the bell. After the bell, oracle and smith wesson. Major Market Movement yesterday afternoon. S p 500, can we Start Talking about 2000 . Eurodollar stronger. Nymex crude elevated. On to the second screen, please. The vix well under 11. Does that show that complacency, the punch bowl, there is the dow, truly on the 17,000. Brent crude gets my attention. 170. Ing, finally through that speaks to the actions of the last summer of days. We have scoured the newspape