johnson & johnson, well fargo and many more. google going on a cost-cutting mission. how will this company known for growth cut back? shares of google right now, shall we? maybe no. maybe so. they are up $16 at 5.63 a 3% rise on that news. but we do start with the iranian deal. it may take weeks or months for the money to start flowing but the speculation has begun about who will get into the islamic republic first. our coverage begins now with morgan brenner. what have you found, guys? you snuck up on me there. a sneak attack. so it s not a done deal yet, still months and several hurdles away from sanctions being lifted, but there are a wide array of companies that could benefit long term so let s start with oil majors exxon mobile bp and royal dutch she will have all been taking steps to explore the possibility of doing business. all of the stocks are higher today. now, if they start investing that could also boost oil field services companies so schlumberger hall
revenue generated from baggage fees, from food and other annoying. give you leg room, place to put your legs. small stuff, you got to pay. how much more can the airlines squeeze out of passengers and into added fees impact which airline you choose to fly? and fear and loathing in silicon valley. they are the companies consumers are scared of and hate the most when it comes to privacy. we will tell you which ones they are. let s check in on this busy day with sue. and we start with stocks struggling for some gains. they are holding steady right now. the nasdaq the biggest loser this hour. a number of sectors hitting new highs like the consumer staples and utilities. the big news, as you said, is in the oil market. oil hitting a four-year low after saudi arabia cuts prices that it sells to the u.s. west texas intermediate crude down almost 2.5%. how low might prices go in. the million dollar question. we are pairing some of our losses. oil down less than $2 at the moment. a
agony of those who make raw products wins out causing the dow to plunge 268 points. nasdaq nosedive 1.73%, worst day in ages. it s a good news, bad news game. today the negatives won out. first, though, because i m kind of optimism fella. some are obvious. when we pump our gas, most of us are in disbelief how cheap it is. i can t tell you how many times i put out $60, 50 will do. i get a good spot when that comes back to me, but there are big losers on the other side, too. we don t see them. from the longest losers are countries considered hostile to our interest or produce terrorists that charged our world in horrible and heinous ways, members of opec. these days gasoline may come from oil produced in the united states, refined in the united states. this time the losers, some are closer to home and borrowed a ton of money to keep drilling, money that can t be paid back if prices stay as low as they are. $61 a barrel, it will go lower, because there is no discipline to produc
oil stable. and ten-year has crept down to 1.77 1.77. futures falling. earnings painting ableak picture. greece continues to weigh on the markets too. seven dow companies, p&g, pfizer, caterpillar, dupont, 3m microsoft, and united technologies, all seven lower. nyc largely escapes storm unscathed but boston new england battered by heavy snow. we ll get live updates on flight cancellations and travel around the region. a rough morning in store on wall street. wave of earnings news sending futures tumbling. dueuponting proctor & gamble, pfizer expect the stronger dollar to weigh on full year profits. caterpillar, a warning for 20157 the ceo on squawk box oil is a piece of our energy and transportation is worth about oil and gas is about a third of that business. the natural gas piece of that business is doing pretty well and so far holding up. the oil piece, though what we re taking down and that s the primary number for our reduction in 2015. jim, not only did
accomplished investors in their own right. plus there s so much to discuss. tyler, we re going to talk to the coopermans and the millers about where they see this market going. the incredible valuations we ve been seeing in some companies like open table. speaking of that deal today. bought by priceline for month than $2.5 million. it will be interesting to hear about that. and plenty of other occurrences in this space. of course we ve got to talk about oil, about some of these new tech developments and much, much more. apple s not falling far from the tree in those cases. interesting to hear how they invest alike and how they invest differently. in markets right now let s take you through the three major averages. the dow up 32 points. about .2 of a percent higher. the nasdaq a relatively small gain of about 12 points at 4309. and the s&p 500 moving up today by about five points, a quarter percent at 1935. joining our closing bell exchange, kelly connelly from jhs capita