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In a little bit but tell me first about the conversation you had this morning with president elect donald trump when you informed him that you would no longer be building that plant in mexico. Well, we informed president elect trump and also Vice President elect pence this morning that we were going to be investing 700 million here in our plant in flat rock, michigan, adding 700 jobs on top of the 28,000 jobs that weve created over the past five years. And at the same time, told them we were going to be canceling our plant in mexico and the reason for that is that plant was we were going to produce the focus. Weve seen a market decline in demand for small vehicles. So were now going to produce the focus in an existing facility in mexico. Mark, what did the president elect say to you when you told him this . Well, over all both the president elect and Vice President elect penc ....
The s p and dow end the day near session highs. It started with two names that reported earnings this morning, delta missing on revenue, that stock rallying 2 after a tough open. Then take a look at marriott, down sharply, recovering all of its losses and ending the day higher. Is the message to the market to buy stocks into earnings . Guy . The message to the market is this 2134 level is critical. You mentioned two stocks. For me, i thought the stock that really turned everything was, look at the way Deutsche Bank opened on lows and racheted back. If you overlaid the s p chart with Deutsche Bank, you see whats going on. Deutsche bank still to me is a concern. The fact that the s p still bounces off this level is i think good. The other thing that concerns me as well is the weakness in the russell is starting to get noticeable. Weve failed seemingly again at the 128 level. If i ....
Rosa. Its 52 degrees in oakland. Later today, 61 degrees at best. Seashore bright sunshine into the 50s. Northwest winds 10 to 15. 59 degrees in palo alto and atherton. 50s from dublin inland a little bit further towards antioch, byron, brentwood, discovery bay. Upper 50s in throughout vallejo, benicia, martinez and American Canyon. 57 degrees in stinson beach. You have to feel for it. With the sunshine, 50s and low 60s today. Well talk about the potential of rain and when to expect rain coming up at 5 18. But right now lets send it to roqui with no sleeves this morning. Im just cold looking at you. Its kind of warm in here. Whats going on with this . Im going to have to check the thermostat on the Golden Gate Bridge from marin into San Francisco thats a quick 14 minutes. And then your bay bridge toll plaza same stor ....
Doing right now. We start with the story of the day,pple unveiling the brandnew iphone 7. Were in San Francisco with all the details. Josh . Melissa, that iphone 7 does boast a lot of new features and functions. Among the most notable though, it is fast. Its a 64 bit, four core processor with over 3. 3 billion transistors. It is a rocket ship. First, it has two cores, that are High Performance cores. These High Performance cores run a full 40 faster than the a 9 chip in the iphone 6. If youre coming from an iphone 6 its twice as fast as the a 8. The iphones display is 25 brighter. The best camera exists out there for any smartphone and the battery lasts two hours longer than the 6 s. The biggest headline grabber no he headphone jack. You can use an attachment for a wired head phones. As for the watch it got an upgrade ....
Meetings. It . Ael can you believe he will miss the ecb meeting. I am hearing a lot of interesting comments, saying that the ecb has to do something, but if they do something that just pushes up valuations, and maybe it is a bubble. The market can decide if its a good move for bad. Francine he really needs to make sure the markets understand how he can maximize qe, and its unclear at the moment. We will have more shortly, but first, lets get straight to the first word news with taylor riggs. Taylor the president , mario draghi, may have no choice but to extend his bond buying plan. He held a press conference he will hold a press conference. Most economists surveyed by bloomberg predict the ecb will have to extend quantitative easing. Hillary clinton and donald trump made backtoback appearances at a form of military last night. It was sponsored by nbc news and a veterans group. It was held on an Aircraft Carrier in new york. Clin ....