Finance committee in about an hour. Well bring it to you live. Plus netflix boom ten years after launching its u. S. Streaming service. Netflix crushes earnings expectations. Not just its largest quarterly subscriber gain in history. And ecb leaving rates unchanged. Nasdaq futures pointing to a mostly flat open but dow on pace to drop for a fifth session in a row. First up, more trump cabinet picks heading to the hill for more confirmation hearings including Steven Mnuchin, president elects choice for secretary treasury to appear before Senate Finance in about an hour. Expected to be grilled on his role overseeing foreclosures while running one west which was indymac, also expected to be asked whether he agrees with weaker dollar policy, a lot to get to today. Look, i was involved with in indy mac, which he bought, people are willing to leave their homes before they leave their cars and it was the most reckless there was and they reamed me on it. And this guy went and bought indy mac a
Gaza, the vix up 35 . The markets on high alert. Well take a look at 2. 50. The dow during yesterdays session tried to hold up. Earnings have been pretty good. Yesterday Morgan Stanley was pretty good. Were always going to move on geopolitical events and yesterday a lot of people were just saying, can we do in this entire day we need a doover because a lot of disturbing things happened. Theres the vix, closing up 32 after trading even higher. Now some levels, obviously, but in past breaks, the vix has gone right back down. Well see whether thats the case this time around. Take a look at oil. Thats pretty well behaved, given all this everything happened in the world at this point. But still over 103. Here is the tenyear. The now 2. 48 , which you would expect as people move into the dollar. 2. 44 yesterday, yeah. Rushed through that to buy u. S. Securities. And then there is the euro and the pound and the yen. Check out gold. Which, you know, has been just difficult to really figure out
Calls. Well talk more about david tepper and some others in just a moment. But first, andrew has a roundup of some of the mornings top stories. Andrew, that story is already here in the new york city area. I cant believe it. We needed it about a week ago. I dont know. Shocked me a bit this morning, whoa, back to work in the snow. Well, happy new year. You, too, happy new year. Fiat decided to buy the stake in chrysler it doesnt already own. This is all in cash. Once that deal closes, chrysler is committed to giving the trust an additional 700 million. The agreement ends months of tense negotiations. The deal means no chrysler ipo. Thats important because the ceo never wanted that. And phil lebeau will have more at the top of the hour. In our corporate news, mccow ka seeno has reeled a deal. Were going to talk more about the big business of gambling coming up at 7 40 eastern time. Cnbc is part of that and windsor media, an Investment Firm run by former yahoo chief terry stimble, its sig
Italian bonds and shares following after cabinet leaders, Silvia Berlusconi threatens a new election. Well talk with ross westgate. Hsbc purchasing Managers Index is showing growth. It has been below expectation. Thats three big stories for a monday morning, joe. All of them probably more important than any merger that could happen on a merger monday. 6 beltway ben. I think hell have an answer. Hell have an answer. Redskins won finally. Redskins won finally. Can we take a look. Do we have the stock of gray matters by the way . Are you pumping another one of your pieces . I dont want to talk breaking bad at all if we can avoid it. Do you think the stock may be up or down . I dont know. I dont know where it will be this morning. I dont have an article about it. Given what it must be something to do with gray matter and the final episode which i havent seen. I mean, i saw the daily news which says dont say it. Its on the front page. You should not spoil it. Its on the front page. For peop
And look at confirmation of the feds decision to taper its Bond Buying Program. Hello. A warm welcome to todays edition of on worldwide exchange. Theres some 50 ipo ons that are going to list in china this month as the end of beijings freeze on the offerings comes to an end. At 10 45 cet, persimmon announces a 28 jump in full year revenue. Are the policies of the British Government constructing a profitability 2014 for the nations House Builders. And a very happy birthday to king jong un, or is it . Well be joined by a guest who says it doesnt matter what the north korean Supreme Leader was born. China is looking at new ways to control the situation. Finally, will investors be raising a glass to conat the lagz brands . Well be joined by an analyst who says we should expect another strong set of numbers from the company. If you have any sorts of comments, email us, worldwide cnbc. Com is the address. First, u. S. Treasury secretary jack lew is continuing his European Tour with a stop in