Stay updated with breaking news from Works solutions. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
How low might oil go in 2015. Tyler is off today. Simon joins me. We have a developing story that we are watching closely this hour. Let me take you live to moscow where it is early evening, about 7 00 there. Thousands of people are rallying in an unsanctioned protest. One of the main opposition leaders in russia was this morning convicted of Money Laundering although he was released on bail. His brother was convicted on the same charges and imprisoned for 3 1 2 years. As he left that courthouse he called for protests across russia this evening. The critic was under house arrest. He intended to attend the rally. Protests of this nature are unusual and it is not sanctioned by the state. These scenes are flanked by riot police. It is quite tense. We will keep people informed of exactly what happens cht they have warned people that it is an unsanctioned demonstration and without a permit they are not allowed to be there. You will b ....
Lot of movement there. Oil still in many ways, im going to say it, key to the market. Yes, yes. He agrees. Totally true. Im glad i i wasnt sure you would agree. There we are. Crude at 76, brent around 80. Big meeting this week. Big meeting this week as well. Our road map this morning and it starts with markets. S p looking to its 46th, 46th record close this year. The dow looking for its 29th. The nasdaq looks about 7 off an alltime closing high from march 2000. Yeah, i remember that. Gas prices fall fog fouryear low. Opec preparing to meet this week. Raymond james weighs in on chevron, exxon, hess, occidental. United technologies announced the chairman and ceo is retiring, effective immediately. Ill tell you whats next for the company, who the new ceo is and ask questions. Not sure we have a lot of the answers. Lets get to the markets. For a sixth consecutive week of gains. The 45th record close of the year, the dow its 28th, nasdaq, as we told you, new 14 1 2 year high, 6 out of 10 s ....
That is what matters and it is not clear from todays action. Dow ultimately declining 6. S p advancing. 16 . Nasdaq climbing 3. 2 . We can call it mixed nevertheless it was still a day where the averages looked fabsz at one point but the gains couldnt be sustained. Because there are still so many unresolved issues impacting the overall direction of this treacherous market. Remember i told you yesterday we needed to see stability in a variety of areas before we got an investable bottom . Many people on twitter said the list was too difficult. It was really a canard a strong man, that nobody could get any sort of rally because i set the barr too high. That is not true. I look at what ive looked at for the last 44 years and i came up with examples. Look at some of these. First i said that europe had to stabilize, which i discussed last night as part of the negative impact from the war of sanctions between russia and the west over ukraine. When i got up this morning the european markets we ....
Than the Federal Reserve. Up after hitting sixyear lows yesterday. The tenyear yield, yeah thats what you get, lend your money to the u. S. Government, 1. 75 lets be generous. Road map this morning starts with alibaba and its shares which are slipping after a miss on revenue. Executive vice chairman joe tasi with us in a first on cnbc interview. Stocks high in the premarket. What you need to know about the changing of the guard in the ceo sweep. From a social network to mobile network. How mobile apps are changing facebooks core business in a dramatic and positive way. Oracles ceo, hes going to join us exclusive interview, thats later this hour. All right, back to the news of the day. Alibaba reports revenues that increased 40 , but were below the expectations of analysts who follow the company. Shares appear poised to decline this morning. You can see right there talking about 90 level. Hasnt seen that in a bit of a time joining ....