futures down 35 points. s&p futures up close to 6. nasdaq down by close to 11. if you take a look at what s been happening in early trade, you do see green across the board. angela merkel was dealt with a setback with election there s. the dax is up by 1.5%. cac up by .33. ftse, .50%. and bank of japan with a meeting today. and here are some of the big stories that we are watching for you on this monday morning, the u.s. condemning the latest attack in turkey. leaving 37 dead, 125 injured. officials say a car bomb targeted civilians the a bus stop. meantime here in the united states, there are multiple injuries after an amtrak trail derailed in kansas. at least five cars jumped the tracks. the train was headed from l.a. to chicago. there were 142 passengers and crew on board. and flooding in louisiana and mississippi claiming at least four lives and forcing thousands to leave their homes. flood warnings remain in effect across much of the region as rivers are at dangerous
the roadmap begins with the markets looking to recover after logging their worst february start since 1982 for the dow and for the s&p. michael kors trounces estimates while jcpenney reports its first quarterly same-store beat in years. the parent of kfc, pizza hut and taco bell adds it s recovering from the lingering fallout of food safety concerns in china. and apple is reported lie by the wall street journal and quietly laying the groundwork for a vast internet infrastructure capable of delivering a lot of data and content to consumer. the dow tumbled 326 yesterday and growing concerns of a weaker u.s. economy surrounding emerging market worries and the nikkei down 42 overnight and the worst loss in nearly six months. that index is down i think 15% for the year to date, jim. rough, rough. terrible. when i see adella, your man might be in there. your man, no one knows him very well. exactly. we re out of data. we ve had nothing but not-so-great data. it s go
afternoon. some economists are cautioning investors to remember that this fed meeting we re going to hear about took place before june jobs numbers were out. meantime, the start of earnings season is always a driving force for the market, as well. scott has the details on some of the first reports. alcoa beating the street on the top and bottom line. the company says it saw strong results in its engineered products business. meantime, it s looking to cut costs. shares are up nearly 40% so far this year and out after the dow last night, results from the container stores. the company posting a better than expected loss and lowered its full year guidance. the ceo pointing out what he calls, quote, a retail funk saying the container store and its fellow retailers are experiencing slight traffic declines in what he describes as a surprising tepid retail environment. shares down sharply in extended trading. a mixed story for bob echts. the food earnings beat expectations, but r
friday.the market expected 120,000 jobs were added to payrolls in october and the unemployment rate will tick up to 7.3%.stocks sink ahead of the unemployment news.yesterday the dow fell 153 points wiping away yesterday s gains and then some.nasdad dropped by 75 and sp lost 23.gold down 12 and oil edged 52 cents lower. daniel stecich of athena advisor services joins us on this friday morning to get the ball rolling with a look at the market. good morning to you! > >good morning how are you? > >i m doing well. we call this trader talk but today i m calling it twitter talk because everybody s talking about twitter. did you buy the stock on the first day daniel? > >no i didn t buy it. i think ultimately it will be a good stock but until they can figure out how to monetize their product and it is a good product but they can t figure out how to make money yet. i m not gonna touch it. i ll let the thing drop down a little and get a better handle on what they ll actually do going
good. fairly optimistic at this point. a 13% gain expected for the first quarter alone, but we ended up having it a back end loaded year. back to the next hour. see you next week. have a great weekend. happy st. paddy s day. maria bartiromo there. yes, exactly. off she goes. what are you watching for now. what s the next moment that could move this market, whether it s an economic report, a fed move? well, i think it s the s&p. i think once we break that 1565, i think we re going to see this go even higher. i think the feds, as long as as i ve been saying, as long as they keep infusing this market with $85 billion a month, it has to go higher. we ll see what happens here. gentleman, thank you both. safe weekend. you too, as well. what we re going to be watching right now is a lot of running around. you re going to see still, which is unusual for this time of day, a lot of crowds around the stations, because of these so-called rebalancing, as they buy and s