That . It was earlier than that. Yesterday afternoon that dropoff in oil was stunning. The one thing that has not fallen yet is gold, hovering at 1200, but that is the critical spot. We will do a data check in a bit. Factories cut prices the most in a year. You can see why the euro is down given that action. Change atployment one thirdcuts about of the paychecks for workers. When you factoring and Construction Data manufacturing and Construction Data, and throughout the day we will get auto sales figures from the Auto Companies around the world. Obama hosting Benjamin Netanyahu at the white house, and secretary of state kerry will be meeting with his chinese eng yirpart w. Below 17to sales, just million. Lets do a data check. There is a lot going on here. Futures at negative two. It is grinding in to four digits. Ow, 2. 4789 that bears close watching. There is the euro that adam was 1. 2615. About at at 91. 610. The vix showing a relatively resilient equity market. 109. 78. It really g
Bearish on stocks even after the s p has closed at record highs 52 times so far this year. And we will be speaking with former American Airlines chief executive bob crandall. He will help us understand how another passenger jet could vanish. Plus, a special guest host in the next hour, the former president of cnn and current ceo of his startup will discuss the current state of media in light of the sony hack attack. The movie made 15 million over the holidays. Political and financial turmoil in greece today. The country faces early elections as soon as next month after the defeat of the Prime Minister, who failed in his third and final attempt to persuade parliament to back his choice for president. The favorite in the elections will be the party which opposes the greek bailout agreement austerity with the eu and imf that has the Stock Exchange down as much as 11 in trade. Investigators say the missing airasia passenger jet is probably at the bottom of the sea. It disappeared on a flig
Accor leads the French Market as they see Strong Demand in the First Quarter but cautious on brazil and its domestic market. So welcome to the show. We have been getting news that bloomberg terminals have been hit by a global outage. Its under investigation. Well continue to bring you updates on the situation as soon as we know more. Of course this does of course effect peoples ability to discover prices in most across europe and the u. S. Its a big day for price discovery. Remember what happened yesterday with the greek yields. We saw 350 basis points surge. He equities didnt move much but bloomberg is perfect for price discovery in the bond markets as well as the credit markets. Also bund yields at 7. 5 basis points so obviously thats where people want to be looking at in terms of the data. Absolutely. Michael houston there saying it could well effect trading volumes volumes. Youre going to have liquidity taken out of the market. No doubt about that. For now stay with us and well bri
The closing bell. John mccain tells me why president obama is making america look weak and how we can really stop Vladimir Putin once and for all. Some. 5 growth. Try 4 . The gloom, doom, and boom report. Clearly you forgot your green. I cannot believe it. I am exceedingly irish. I thought you were irish. All over the stories today. The developments in ukraine, following those very closely as well as the developments with the malaysian plane. Everyone is speculating so much. What happened . What possibly could have happened . Was it suicide . Was it piracy . Somewherey just crash in the middle of the indian ocean . A number of things couldve gone wrong. Speculation does not help Everybody Loves to do a. Market up 180. Julie hyman has been keeping an eye. It continues to be a big because of the situation with alibaba that has begun toward a initial Public Offering in the u. S. Webo has actually fouled for alibaba. It owns a significant stake in alibaba. Addition, one of the others we ha
In russia, though, the benchmark micex index fell by more than 3 at the open. Right now, its down by just over 2. 3 . The u. S. Futures at this point are hanging in there. Theyre showing a slight rebound after yesterdays selloff in wall street. You saw that decline when the dow was down by 230 points. Also saw the s p and the nasdaq down significantly. We will have a deeper market discussion with our panel in just a few minutes, plus a live report from kiev. Secretary of state john kerry gets ready to meet with his russian counterpart in london. Coming up at the bottom of the hour, Michelle Caruso sa brar ra caught up with ukraines Prime Minister who was here. There was a question that he wouldnt answer. In fact, he walked away from the camera. Thats coming up at 6 30. About bitcoin . No, not just bitcoin. It wasnt whether he was the that was the guy that we pegged as the person that looked like no, that was not the question. Because andrew said the guy didnt look like the actual guy.