Page 49 - Capital Allocation News Today

Lot of movement there. Oil still in many ways, im going to say it, key to the market. Yes, yes. He agrees. Totally true. Im glad i i wasnt sure you would agree. There we are. Crude at 76, brent around 80. Big meeting this week. Big meeting this week as well. Our road map this morning and it starts with markets. S p looking to its 46th, 46th record close this year. The dow looking for its 29th. The nasdaq looks about 7 off an alltime closing high from march 2000. Yeah, i remember that. Gas prices...

Is soaring, is at play once again. The noose dab jumped 0. 8 money manager are desperate to put their cash to work, desperate for new ideas, and desperate for reasons that make for compelling buys. Theyre finding them in spades. They tick down what theyre thinking, what theyre seeing. Lets take them sector by sector, starting with technology. The cloud plays havent been able to mount rallies. The internet stocks seems to be just plain tired. If youre a desperate fund manager, you look at the wor...

Thank you becky one of the key Decision Makers now defending a decision to launch a program. The launch had now been moved in the right direction and said Market Reaction was encouraging thus far and next big question a major election in greece this weekend. Back in the United States the focus is on earnings and economic data. On the agenda heres whats happening. Quarterly results from General Electric and mcdonalds before the bell but two data points coming up at 10 00 eastern time. Existing ho...

Oil shock ripple effects. The impact of equities and currencies and a closer look at stocks that are keeping the dow from hitting 18,000. Is it time to turn on the taps and lift the u. S. Export ban on crude . Well talk to a top dog on Global Commerce. And a shocking reversal on two Insider Trading convictions. The ruling that could change the rules for wall street as the second hour of squawk box begins right now. Welcome back to squawk box on cnbc. Im joe kernen along with becky quick. Andrew ...

Sachs leverage finance conference with a number of exclusive interviews, including the banks chief european economist and the cfo of europes telecom giant. Youre watching worldwide exchange, bringing you Business News from around the globe. And were just getting news out of italy. Rates came in at 12. 3 for all in july. It was 12. 6 and its expected to stay at 12. 6 . It came in lower than expected at 12. 3 . The youth Unemployment Rate hit a new record high of 44. 2 in august. So the overall ra...

Time in two years. Our road map goes like this. The down draft, can it be reversed after the dow suffered the worst day yesterday . A critical u. S. Open and pivotal european close. Costco unveils the allwheel drive and auto pilot. See the new features and reaction. Family dollar missing estimates. And microsoft ceo nadella apologizes on gender and pay. Reactions later on squawk alley. The final day of the week that has seen the dow move more than 200 points. Big duce decline, wednesdays rally, ...

The third rail pierced the front cabin and came up through the train. Thats a horrible horrible situation. Thats the train my father takes every day. Among big business stories were watching this morning if you read on jobs the adp employment report is coming up. Forecasters say the economy likely added 245,000 private sector jobs last month. Greece started debt swap talks with the imf. The new government wants to restructure its debt after receiving 275 billion in bailout money since 2010 and i...

Rates sooner, but the minutes say, most participants, and this is important, indicated that raising rates would depend on further information on the economy. So, once again, show me the data for most fed members. The expectation is the fed will start to raise shortterm Interest Rates sometime the middle of next year. Finally the minutes said, that the fed expects continued, a continued moderate economic expansion with stronger growth in the second half, but theyre watching some things out there....

Watching this morning. Crude oil prices falling. This is all coming as traders question reports that opec might meet for the meeting in june. Some people questioning those sources but its been something the oil market has been watching closely. In other global news positive developments on the on going greek saga. Athens sending economic reform plans to the euro zone overnight. The proposals include measures to crack down on tax evasion and corruption. And back here a packed agenda of economic a...

Have received 50 more pay. And the widely anticipated movie 50 shades of grey hitting the silver screen. Already breaking Box Office Records in europe. Could have a big valentines day weekend. Universal is part of the comcast family. In the meantime lets go to michelle with a check on the markets at this hour. Yeah lets take a look at the u. S. Futures following yesterdays 100 point gain on the dow and the nasdaq at a 15 year high. Strength in europe feeding into the u. S. The numbers suggest th...