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The biotech index is the new vix. Though today the vix is the new vix as well. Oh, how quickly things unravel. The nasdaq is down more than 7 from its high of just a month ago. The russell 2,000 is as well. The Dow Jones Industrial average by comparison is only after 2. 5 from its 2014 high. Thats only a reflection of how poorly it had done relative to the nasdaq until the last week or so. The dow is down 1. 3 . American extress, disney, microsoft, jpmorgan whose earnings are coming down right in front of us here. Some of the real rate sensitive names, rate sensitive parts of this market as that tenyear continues a jawdropping drop db pardon the repetition there is one thing thats getting peoples attention. You can look at some of the big insurers, metlives, and see the pain there. People are jumping out of those higher rate moves. What do people do when they feel pain . They eat and they shop. Mcdonalds is the best performe ....
Seconds. Youve got to help us. Everything is gone. A desperate fight for life in the philippines. That death toll is now approaching 1800 but it is expected to go well in the thousands. The challenge really is to get the crucial aid to those most in need. Every building is significantly damaged or destroyed. Everythings wiped out. There has been looting. People are desperate. A lot of the people around the world will see snow today. As the arctic front is heading south, really cold air, thats not factoring in the winds. The wall street journal reports fewer than 50,000 people successfully enrolled in the obama web care site. The manager in charge of building the website was apparently kept in the dark about serious failures in security. The bucs get win one, and for miami, a loss. Dolphins owner stephen ross forms an advisory committee. Ross says he plans to meet with Jonathan Martin tomorrow. Id like to hear from him what really ....
The dow futures are up 23 points above fair value. The s p futures are up by 2. 5 points and the nasdaq is up 5. 5 points. As for the markets in europe, you can see things are decidedly worse with the cac down. 70 . The dax in germany is down. 60 and the ftse is off. 30 . In the meantime, the russian micex indicated slightly higher trading higher this morning, but this comes after steep drops over recent weeks because of what was building up in the situation in ukraine. And the dollar at this point, at least in the morning, youll see this stronger across the board. Euro trading at 137. 73. And the yen is at 102. 456789 andrew, over to you. We have big Business News with apple tv a little closer to actually happening. Apple now reportedly in talks with Nbc Universal parent comcast about a streaming Television Service th ....
And washington state. Today the d. C. Council will hold a hearing on a bill introduced by tommy wells calling for the decriminalization of marijuana. Kristin fisher is live outside the Wilson Building with a preview of the hearing. Good morning, kristin. Reporter good morning. Just to be clear, were talking about decriminalization here, not full legalization, two very different things. What this bill would do is it would decriminalize possession of small amounts of Recreational Marijuana in d. C. By small ams were talking about by small amounts, were talking about less than an ounce of pot. Right now what would happen . If youre caught with that amount of pot in d. C. Its a miss demeanor offense. First time offender faces up to ix months in prison and a six months in prison and a 1,000 fine. But if this were passed, the final would only be 100. Supporters say its vit ....
I finally figured out why were playing pearl jam. Amazon, microsoft, seattle. Are they a grunge band . Are they from up there. I finally figured it out. I love the quizzes they give us. I think of nirvana. Pearl jam, seattle. I have that programmed in. I dont listen to it a lot. The pearl jam station . Is it 42 . No, is that the joint . I dont know because i have it programmed in. I think it should be myself i think it should be the pink floyd channel. No, no, no, i like pearl jam. No comparison. Youre right. There is no comparison. Amazon, you get up to 20 billion a quarter and you are able to make money, pay everyone, keep expanding. I dont see anything wrong by that. I was surprised by the decline in the stock price, too. Its just a little. The reason, they continue to invest. Thats why the numbers are lower. Its not even margin based. On 19 billion, you should make more than 100 million. This is supposed to be the year amazon went from not making money to making money. I get it, do ....