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European markets following through to a certain extent largely in the green. Spain is the outlier there. Election. A little more election. 2. 18 for the tenyear yield. I hear that r word, but everybody says well hit below 2 again. If youre in other parts of the country youre talking r. Were talking recession. But we could be talking road map. Ours starts with star wars. And a rare look inside apples operations, and what ceo tim cook is calling political crap. And mark Martin Shkreli spe out after his arrest. The latest after that ongoing drama. Quite a sigh there. People may have been seeing on friday. Stocks set to open higher. Both the dow and the s p finished the last week below the 50 and 200day moving averages. Oil is a major factor. Brent crude has fallen to an 11year low. You know, when it comes to oil, jim, very simply it is a collapse in a central part of the world economy. Thats the way you have to think about it. I thin ....
Five years. Our road map begins with the selloff in the markets. Renewed concerns about the economy. Just out, abercrombie and fitch ceo stepping down. A controversial figure on cramers wall of shame. Stocks up 8 . Verizon with a warning, a surge in new subscribers, but promotions and price cuts are going to hurt profits. First up, stocks on track to extend losses the day after the s p recorded its worst day since october. Got weakness in the energy sector. Got worries about the fed changing language. On december 16 and 17th. Something you were tweeting about at 4 00 this morning. Right. One of the things you have to accept is when we are doing better than everybody else, its ridiculous for the fed to stick by the considerable time. A lot of time has passed. Considerable time, there is a finite moment. If you keep saying considerable time, you are getting closer to that moment and were there. I dont even think necessarily that is whats causing this. China was just a big reversal. Greec ....
210. Road map begins with the markets. Investors facing this continuing pullback, after the nasdaq broke 5000 earlier in the week. Private Sector Employment data not helping, days ahead of fridays jobs number. Everything must go. Target aiming for billions in cost cuts while abercrombie shares get discounted on mixed quarterly results. Pressure mounting on ges ceo jeff imle. Well explain why thats in the news. Stocks pulling bakken on track for a second straight lower open adp employment below forecast 212,000 workers added to payrolls in february. Thats ahead of the jobs number friday. And after some of the mixed data out of europe and china overnight as well as surprise rate cut from indias central bank, the second cut there of the year. Eurozone, jim, you said yesterday the green chutes are no longer green chutes theyre outright plants and the pmi number, even in france would back that up. Persistent low growth there. I hate ....
Indicators. And friday, existing home sales. As for earnings central, watch for reports today from cocacola, medtronic, more weejance cruise lines and others. Then this afternoon, were going to hear from Companies Like herbalife. Ahead of all that activity, lets take a look. Its a mixed bag, plus or minus the flat line either way. Scott, it is a short week, but it is a busy one. Europes activist is reportedly in advanced talks to acquire forest laboratories. Forest value the it up to 25 billion. That stock is up about 18 . And the deal could be announced as early as today. Mine while, hp executives reportedly knew about autonomys Accounting Practices months before a whistleblower flagged them. Youll remember hp said it was a victim for having paid 11. 1 billion for buying autonomy in 2011. But it was accused of overstating revenues before it was sold. They said a report ....