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Well have the numbers the moment they cross and the best analysis in Business News. Of course we are waiting for president obama during this hour to speak at the white house. Set to speak about his request for congress to authorize money and power to fight isis abroad before they infiltrate the United States. Well bring you, of course his comments live as soon as he takes the podium. Lets have a look at exactly where we are on the markets right now. The dow at its lows was down 109 points. Its quite a strong comeback although i guess for your Broader Market the s p still negative for now the third time in four sessions. We keep trying to make a hit at 2,068 and keep failing on that. Were five points higher than our recent range. The nasdaq is higher. This is the third decline in four sessions for the dow and the s p 500. O ....
Stocks. That way you can be ready for days like today, where the market flies, with the dow soaring 212 points, and the nasdaq climbing 0. 13 . Go back and think about yesterdays Late Afternoon pummeling. Or at least try to remember what caused it. Some European Central banker arguing with some greek politician. That kerfuffle gave you a chance to pick up Great American stocks at prices much cheaper than you otherwise would have gotten. We all get flyers in the mail with coupons. I get ones from costco. Im eyeing this 60inch tv for 1,300 bucks. But lets say i go in and pick it up and see these shirts that are on sale for 35 smackers. Thats ridiculous. I see that sale and i have to buy those shirts. I dont say, wait they lowered the price because somethings wrong with the merchandise. I dont think, wow, zainya i cant pi ....
And a greece exit of the euro weighing on futures this morning. Mcdonalds struggles continue. Asia continues to drag on results. And twitter now lower in the premarket. Were going to get jims take on those earnings from last week in just a few moments. But first up futures falling as we enter a new trading week. Greeces new Prime Minister vowing to roll back austerity measures and ruling out any extension of an international bailout. Eu officials pushing greece to stick with those terms. Also chinese trade data showing exports fell 3. 3 last month while imports tumbled by almost 20 . Meantime, the dow is coming off its best week since january of 13, a 3. 8 gain. For the year, jim, dow is up one point. Right. One point. Youve got to give us something good overseas. There isnt a single area other than maybe india, where youre getting any good news at all. China the import export numbers were not good. Whats going on there in china . ....
Extend the greek bailout process. Its now official. Were going to have a lot more Additional Details on this big deal. And as we said shares of boeing slipping in the premarket. Worries about demand risk. We will bring you up to speed on that call. First up dow and the s p closed out last week at record highs. The nasdaq finished within 2 of its alltime closing high. This after that deal to extend the greek bailout by four months. The greeks must present their reform plans to creditors today. But this weeks big event is the fed chairs twoday capitol hill testimony on the economy. Janet yellen begins by going before the Senate Banking committee tomorrow. Well bring you live coverage right here on squawk on the street. Jim, is that going to set the tone for the week . Theres some retail that i think can matter. Libya came back online. There is a sense that perhaps we have a ....
Communiques. Market perceptions had they will take patient out next month in march and then they will raise rates in june. These come out whether its jpmorgan saying theyre more dovish than expected or capital e con saying this just adds to all the confusion. The signal to markets is clear, this sounds like a fed thats slightly more dovish but the shelf life may be a couple days. We hear from janet yellen on tuesday. The data in the month has generally not been that great. Well talk about that in a moment. Were keeping an eye on a story developing in Southern California. Some kind of incident at an exxonmobil refinery in torrance. Theres a fire well have the latest details on. The Energy Market reaction. Weve seen an update in gasoline prices in georgia, gasoline futures, what they call car bob futures in l. A. The price has gone up 10 to 18 cents per gallon. Well keep an ....