In european markets right now, youll see that the dax is down by about 0. 6 . So is the ftse in london. The cac looks like the biggest decliner of the three. It is down by about 1. 1 . If you want to take a look at the price of crude oil, yesterday we saw crude oil, what was happening there. Now its down by about 37 cents to 37. 95. A couple big stories were watching today. Heres whats happening. Yahoo changing its bylaws to allow proxy access for board nominations. Heres what it means. Investors who have held a stake of at least 3 in yahoo for a minimum of three years have the power to nominate directors to the board. These investors can nominate up to 20 of its board. Starboard value launched a proxy fight last week to overthrow the companys board. Also, a very big victory for insurer metlife. A federal judge striking down the governments determination that metlife was too big to fail. The designation of systemically Important Financial Institution carries stricter Capital Requiremen
Im sara eisen. And im wilfred frost. Its Throwback Thursday. Were throwing it back with some onehit wonders. Mambo number five playing there. I forget who sang that. Lou vega ive just been told in my ear. Im pretty sure in the u. K. They had more songs out. That would still be a onehit wonder if it didnt make it over here. No offense. There we go again. America is better than britain. I agree, sara. Happy Throwback Thursday and last day of the First Quarter. Indeed. And some great onehit wonders coming up. I know we cant talk about that the whole way through. But i am excited. Well switch to markets and have a look at u. S. Futures. Are we going to end the quarter higher or lower . Well, today at least were expected to take some of the positivity weve seen in recent weeks off the quarters performance. The dow is expected to open down by about 26 points. The s p by about 5 and the nasdaq by 10. Lets have a look at european trade today. Very much in the red as you can see. Germany down 0
They were down yesterday on the weakness on the dollar. You can see this morning theyre back up by 1. 5 . Wti sitting just below 39. U. S. Crude stockpiles grew last week by 2. 6 Million Barrels. Thats less than the 3. 3 Million Barrels analysts had expected. A couple big stories this morning. The economical dar. A lot going on. Were going to get an early read today on fridays job numbers. Economists expecting an increase of 200,000 private sector jobs for march. Following that data, chicago fed president Charles Evans is going to join us here on the set in a cnbc exclusive interview. Also, an update on the fight between apple and the fbi. It aint over yet. A california judge has officially vacated the order asking apple to assist the fbi in hacking into that iphone of the San Bernardino terrorist. Nbc now reporting an Israeli Company is the firm that provided the tool. The fbi now owns proprietary rights to the method used to get into that device. Also reports out that they signed a c
Im toure. In the cycle, the president has a plan to drive our Energy Prices down. Im steve kornacki. Are we in for a flew winning streak on main street . Im krystal ball. We say lean forward. Cheryl sandberg says lean in. Another powerful woman is telling women to lean back. Im se cupp. I am in d. C. For meetings. Mysterious, i know. Right now the president is wrapping up a big announce many at one of the Energy Departments Largest National laboratories for scientific research. At a time of austerity, he wants to dedicate 2 billion to research for developing advance technology cars. It would come from energies paid by offshore oil and gas drilling. He is calling at this time Energy Security trust. He first mentioned it in his state of the union address. Without this infusion of cash, Research Labs like the national lab four where the president is today stand to lose federal grants under the sequester. Lab directors warn it will devastate u. S. Scientific research for decades. The presi
Business of electing a new pope. Reporter for the voting cardinals, it was their last contact with the general public until after they elect a new pope. An open mass celebrated in latin that drew thousands into the basilica. Later today, the 115 princes of the Catholic Church will offer more prayers in a private setting before filing into the Sistine Chapel. There will be no more than one vote held this afternoon or early evening. Vatican experts say to look for black smoke from the chapels chimney, an indication that the cardinals have not yet reached a decision. There is zero chance at electing a pope on one hour. Reporter on monday, they held their last formal meeting to size up the stage of the church and to some extent size up each other. In choosing a leader of the Catholic Church, they are also choosing their own bus. New Yorks Cardinal Timothy Dolan said on sirius xm radio, hes ready to get on with the process. Even today we began to get into the qualities wed like to see in th