Pier taking a look at the 10 year treasury yield which is rising joe scheid to. 9 this morning. Cheryl oil prices can be a factor back in the 60 a barrel threeyear high for u. S. Drilling activity last week. Lauren in europe after falling 5 last week, the european stock indices looking for a very strong opening. The dax up 2 . Cheryl in asia stocks in japan closed for a national holiday, but the shanghai composite of three quarters of a percent. Lauren is this another sign of inflation . Are you ready to pay even more to go to a disney theme park . Fbn am starts right now. Train 25 01 a. M. In new york. Monday, february 12 00 p. M. Cheryl casone. Lauren and lauren simonetti. Its not how you open that matters. Its not the market closes. Cheryl a fun, wild ride we are on right now. The market fell 5 last week. The jump on the dow on friday and look at the futures right now rallying up to 90. Nasdaq up 70. Trains are we what investors can expect after the worst decline last week in more than two years. Victoria hernandez across my Global Investment in david Nelson County chief strategist at alpine Asset Management joining us now. Good morning. Good morning. Lauren what is going on in the market this morning . I anticipate we will see some followthrough in the futures up the way they are. We had a lot of technical aspects going on last week at the friday before when friday before when the Branch Number came out come is some fundamental basis to see the market react the way they did, but the technical components last week and the volatility, a lot of that has subsided. Those that needed to be leveraging, a lot of that is done. I would anticipate as we start coming back across some of those levels we were looking at common approaching the 50 Day Moving Average on the dow, well start to see things settle down a little bit this week and allow investors to take a breather. You expect the 4000 days on the dow industrial average to continue this week or how does the volatility expose flaws in cracks in the market that you are concerned about . Spirit volatility is one of those wall street words wall street words we use were not sure what will happen next. I want to take onto it. Just sad. Germanic declines with why did it happen so fast. The toughest thing for investors to get used to is the time compression. 10 years ago this wouldve taken place over weeks and months in todays computerdriven world it happened certainly hours, sometimes days. It puts a smile on her face. It is not how we open today. If we follow through with a strong close today, you may set us up for a decent week. Lauren i want to look at the price of oil and commodity. Although below 60, six days of intense salad. Cold prices, strangely you buy gold when youre nervous, when things arent looking so good. What do you make of what make of what we see in commodities today, both oil and gold are. I think is deeply concerned with inflation across the board. People wonder if well see that followthrough in other areas are looking at commodities and trying to determine which way they will go. Even cisco came out last week saying food costs are up 3 last quarter. Sherwinwilliams came on and said they anticipate Raw Materials to be up over 6 next year. Concern about inflation coming in and causing Commodity Prices to move higher is why you see volatility there. With oil going back above 60, hopefully we can find a bottom and feed through to the rest of the market. Lauren you can say that this expanding their inflation in washington d. C. Of course this is on top of the big spending plan of what 400 billion could be spent over two years. Should we handle this episode . Im not sure the market could handle it. The market reacted when i saw those numbers. Looking not a negotiation here to the upside. Lauren thank you so much. Cheryl investors looking at federal spending according to whats going on with the budget. Its a busy week this week in washington. Were finally going to get President Trump on proposal to fix the infrastructure is part of the fiscal 2019 budget from the president unveiled a plan to spend 200 billion over 10 years unclear where that will come from. White house budget your Mick Mulvaney suspected congress can shift money from other programs in the recently passed spending bill. You dont have to spend all this money. They are spending caps. We are going to show how you can run the government without spending all of that. If we take the money to spend the social programs and things like infrastructure, opioid relief from the things in mind that the president s priorities so if it does give spent a basic expansion lauren a tough sell to lawmakers who are still upset about the spending bill. Last time i checked there were more republicans in the house and our democrats and republican in the white house. This increased 300 billion comes secondlargest in the decade and the psychedelics this list is not what we said we would do with the fight harder to get things back on track. Transfer the president has said to host bipartisan lawmakers on wednesday to discuss the planned to white house estimates will lead to this whole infrastructure plan, but 200 billion coming from the federal. They are putting pressure on the states will talk about later on in the show. The senate is a 2 debate immigration today. Yesterday the gop senators introduced a plan similar to the president proposing to legalize 1. 8 million dreamers and authorize 25 billion for border security. Over the weekend, here is a President Trump treated. They wanted to fix something far more than democrats do. All three branches of government in 20082011. They decided not to do anything. Theyll want to use it as a campaign issue. Vote republican. They have given until march the two fixed the daca program. Meanwhile, democrats to offer their own immigration plan as well. Mitch mcconnell delivering on not to bring something to the floor. That could. Lauren it now seems like were closer than ever to see whats inside the democrats classified memo regarding the investigation with the republican surveillance memo released. White house officials could see the light of day is just a department concerns are addressed and House Intelligence Committee chairman devin nunes told Maria Bartiromo the republicans are not intentionally blocking the release of the democratic response to his pfizer memo. What they did as they say you need to make some reductions in technical corrections here and we will get it out right away. From that point, weve heard nothing but crickets. They wanted to get it out, they would be down there all day yesterday we got together and getting it back over to the white house so the public could know what it meant. Lauren dish of vanilla to the Defense Department and the fbi and did not hear any complaints. Cheryl good news is going from bad to worse for embattled hollywood mogul harvey weinstein. A deal to sell the Weinstein Company has collapsed. But if the International Space station would run every business by a business. Well, that ideas on the table. Check in u. S. Stock futures business. They fall pointing higher by 297. S p nasdaq pointing to a higher open as well. We shall see. You are watching fbn am. Oh theres one. Manatees in novelty ts . Surprising. Whats come at me bro . Its something you say to a friend. Whats not surprising . How much money matt saved by switching to geico. Fifteen minutes could save you fifteen percent or more. Today, innovation in the finger lakes is helping build the new new york. 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Donors are important to us because, you get the feeling that you have a team behind you. We have the resources, and we have the focus, and so, if st. Jude doesnt do it, who will . Train to welcome back a bit sketchy, but overlook typing now. Take a look at features could be a wild day for stocks. Plenty of uptick in the market could develop when the market appeared to dow corning up by three to four points. S p up a 31 points. Nasdaq up by 72 in the premarket. Major indices losing except for the balance on friday. We shall see. Hold onto your hat. Some other headlines this morning i spoke. Hundreds of rescuers are battling the elements, combing through the wreckage of the russian plane crash that killed 71. New Surveillance Video showing the moment flight 703 plunged into a field, exploding into a fireball shortly after the plane took off from moscow. Investors looking into whether human areas factor. World war ii era bomb has shut down london city airport. Construction workers discovered the bomb in the river. Place in the world may be to remove the very old explosive everything within 700 feet has been evacuated. No one is allowed in. Finally, a new out of this world funding proposal for the International Space station. According to the Washington Post with the Washington Post would Trump Administration to stop funding the space station after 2024 instead they want to privatize the whole thing. No word if theres any buyers or how will be used in the future. Another Public Entity going private. Truth reduces the trend. The bidding war might not be over. One Company Reportedly considering a new offer for the 21st century fox. Cheryl Tracee Carrasco has got this morning. Good morning. Contest thinking about revising its pursuit of 21st century fox. Company as you said a Fox Business Network after his bid for the entertainment aspects was turned down despite being over 15 higher than the eventual buyer, disney. Foxs primary concern about the comcast bid was a tie up between the companies would face a significant antitrust risk because of comcast acquisition would be a vertical deal adding more cable tv channels to an already similar company. Cheryl obviously some stocks to watch there. The Weinstein Company, more trouble for the company. Lauren a group led a businesswoman was close to a deal to buy for about 500 million in the new York Attorney general Eric Snyderman filed the lawsuit yesterday against the studio and its founder bob and harvey wines teamed reportedly brought too much uncertainty for the deal to move forward. The largest longstanding Sexual Harassment ofs assistant from above wednesdays failure to stop the rest for another civil rights violations. Lauren the drama continues. I didnt think it could get more expensive, but disney is casting a family for almost 600 bucks per day. Best just to get into the park. Just in time for the spring break vacations, Walt Disney World and disneyland prices rose over the weekend at the Magic Kingdom in her window, prices went up 2 to 5 on the most expensive day, 5 more to 129 for themselves, 123 for kids. A family of four with two kids as you said, almost 600. Just to get into the park. That doesnt include your meals and souvenirs. Disneyland in anaheim, california went up 7 to 11. Adults pay as much as 135. Disney has raised its prices over the theme parks. Their expenses. Cheryl and they reported earnings that came parks the own shares of disney, not so bad. Ive been to disneyland two years recently, every single time that gone, packed. You can see why, people still pay prices. Lauren no pushback. Plus all the Great Entertainment , all the new guys. Those are not cheap. Cheryl thank you. A lot more markets than we are also watching whats going on in puerto rico. An explosion to cause some major power outage on the island. Rain is moving of the northeast. Fox senior meteorologist janice dean has the forecast. Once again, here we go again. For now its looking like a positive doping. The data to 89 and the s p nasdaq substantially higher as well. We shall see you. You are watching fbn am. Retail. Under pressure like never before. And its connected technology thats moving companies forward fast. Ecommerce. Real time inventory. Virtual changing rooms. Thats why retailers rely on comcast business to deliver consistent Network Speed across multiple locations. Every corporate office, warehouse and store near or far covered. Leaving every competitor, threat and challenge outmaneuvered. Comcast business outmaneuver. Lauren major setback for hurricane now for in puerto rico next version in san juan plunging northern parts of the island into complete darkness as you can see. These photos show the damage to the plane caused to the equipment. Crusades unclear how many people are without power, but they said they to be fully restored by this afternoon. No injuries reported that the blackout is adding insult to injury as 400,000 people are still without power after Hurricane Maria read havoc on the island. That was back in september. Trade to a lot of rain in the northeast over the weekend may finally be moving out. Lauren get out of here. Fox meteorologist janice dean with the forecast. Reporter we did see a lot of rain over the weekend and the rain is moving eastward. The temperature moving to new york city 50 degrees. 52 in raleigh, the cold air behind this front you can see where it is two in minneapolis and six in chicago. Quite a bit of snow for the last system. Past 12 hours the frontal boundary bringing potential down to the southeastern parts of the midatlantic by tomorrow morning will be out of here. We will then watch the potential for some unsettled weather across the west, the central rockies and parts of california as well. Or forecast model for seven days, mainly rain for the eastern third of the country and a lot of snow for the west over the next five to seven days. Quick look at daytime highs, 47 in new york, cold air across the plains will moderate a little bit. Cooler across new york city and her neck system moves through on thursday. Look at bat, 60 in new york city. Its also nice coming to work, but i knew it was going to only last for a day. Im giving you full advantage of being excited. Thank you, janice. Coming up, please stop speaking to my husband as if i werent here. Lauren many critics asking how the final chapter of the 60 shades of gray took the top spot. The 411 on an experimental drug that promises to kill the flu in a day. We will see how we close whats most important. The final hour of trading. We are setting up for a nice day on wall street with the 330point gain on friday of 276 with the futures market. S p at 30. We will be right back. Whos the new guy . They call him the whisperer. The whisperer . Why do they call him the whisperer . He talks to planes. He talks to planes. Watch this. Hey watson, whats avionics telling you . Maintenance records and performance data suggest replacing capacitor c4. Not bad. Whats with the coffee maker . Sorry. We are not on speaking terms. You say that could make Interest Rates by eight. We are also looking out to a healthier economy than we expect it. I still use deficit spending. Ranking is this morning. The Term Administration to roll out as the 2019 budget that includes funding for the border wall with a onepoint 5 trillion infrastructure plan. Trent investors watching after last weeks picks stock drop. 69 on the ninth dead. Stocks continue to be the 10 year treasury yield. Yields have been particularly sensitive to deficit spending because you got more government on tissue. Stocks are not greater than as a result also seen a rebound in europe after falling 5 last week. European stocks up 1. 5 across the board. A pretty good story in asia as well. Close for a national holiday, but chinas shanghai composite of three quarters of a percent. Lauren more families are by an o. J. To kick the flu. Fbn am continues right now. Lauren 5 29 a. M. In new york. Monday, february 12. Im cheryl casone. Lauren a claim lauren simonetti. Cheryl is great except for the cover of the new york post. Future child vaccinated for the flu right now or else. A flu story coming up which is going to be good. Lauren we saw the major average. Each one of them fell 5 last week. We are seeing a rebound this morning taking a look at the dow futures up to 72. What can investors expect for the week after the worst week in more than two years. John petrini said bob point management, gentlemen, good morning. Let me start with you. Weve obviously had a lot of volatility in the markets. Investors pulling out 22, almost 23 billion out of mutual funds and ats site of a sevenday period that ended on wednesday. Is this a simple correction, little bit of a pullback that was healthier as i telling you the average investor is nervous . Cheryl john, go ahead. Ill start with you. Its nice to see green on the screen thats for sure. We expect more volatility throughout the week. We didnt get any sense of the firm are investors and clients. The market had been dealing strongly, i think investors understand the strong jobs on february 2nd will lead to rising Interest Rates everyone is expec