Week were throwing it back with a punk theme. There we go. 90s. Early 2000s. Im not the one to ask. Lets check in on the global markets, show you whats happening with the u. S. Futures after a mixed close on wall street. The s p did nothing. Were approaching the end of the quarter. Best quarter for global stocks in years, ending on a sluggish note here. Dow futures down 12 points. S p down less than 2. Nasdaq again shines. That was the story of yesterday. Tech was a stand out led by apple and amazon. The nasdaq actually finished higher while the dow finished lower. Yeah. In general, of course, it wasnt huge moves either way. It wasnt a day where we were worrying about big declines or big falls. In the sector performance, the slight surprise we were discussing on squawk alley yesterday, driven yields weve seen, banks and utilities actually moved in the same direction. Weve seen big moves in opposite directions when the yield curve has been a factor. But the yield curve didnt move much y
Market. We stay foe cut focused. As we should. Talking about our bond market hanging around that 2. 3. Under 2. 4 in terms of the yield. Thats been kind of the constant so far this week. You can see where we are on oil. Lets get to the road map this morning. Russian denials. President Vladimir Putin telling cnbcs Geoff Cutmore, quote, read my lips, his country never interfered in the u. S. Elections and calls the allegations lies and provocations. Plus, were keeping our eye on the Global Economy. Four former treasury secretaries sound off on financial reforms and risks and the trump agenda. And lulu sinks. Shares of lululemon tumbling, this after the athletic maker issued a weakout lo weak outlk for 2017. Lets start with putin. He made news at the International Arctic forum in russia. That was where he was part of a Panel Discussion with the president s of iceland and finland and Geoff Cutmore was the moderator. He asked putin if they interfered in last years elections. Heres his respo
Want to see, growth domestic product, goods and service, expanded at an annual rate of 2. 1 in the final three months of last year. That was a slight improvement from the previous estimate, not enough to change growth for all of last year, which came in at just 1. 6 . While gdp and other Economic Data are meddling along, indicators that measure optimism are soaring, consumer confidence, just the other day, we told you that it stands at the highest level since all the way back in 2000. Theres margins, the amount of money borrowed to buy stocks. Its an all time high. That means investors are feeling optimistic about the prospects for the market. We were wondering, why are investors feeling so good when some of the other Economic Data like overall gross profit is just okay. Here to explain the disconnect and take us inside the investors psyche is a trading psychology coach for Portfolio Managers and hedge funds, the guys who maybe manage some of your money. Its good to see you, doug. Its
Word. Joy reid sitting in for lawrence. Amen. We need to regain our power to be shocked. I am joy reid sitting in for Lawrence Odonnell. Big breaking news tonight. General Michael Flynn who served as Donald Trumps National Security adviser for less than a month before being fired for lying about his contacts with russia is reportedly trying to cut a deal, offering to talk to investigators about the Trump Campaign and russia in exchange for im from prosecution. For the trump white house, things just got real. The wall street journal is now reporting former trump National Security adviser general Michael Flynn general flynn is a wonderful man offering to testify in exchange for immunity, when you are given immunity, it means you have probably committed a crime. I think its very, very unfair whats happened to general flynn. Now that we know that its his own staffers who were briefing devin nunes. It now raises more questions about whether the white house is actively interfering in this in
The wall street journal is now reporting former Trump National security adviser general Michael Flynn general flynn is a wonderful man offering to testify in exchange for immunity, when you are given immunity, it means you have probably committed a crime. I think its very, very unfair whats happened to general flynn. Now that we know that its his own staffers who were briefing devin nunes. It now raises more questions about whether the white house is actively interfering in this investigation. If i start going down the path of confirming and denying one thing, were going down a very slippery slope. Thats why you have press conference, buddy, to answer questions. Every day in this investigation you wake up and think its going to be one kind of day and it turns out to be quite a different kind of day. There is a big bombshell that dropped tonight in the Ongoing Investigation into the trump campaigns alleged collusion with russia in its interference with the 2016 election. The wall street