down arrows across the board. ftse is down and cac .8%. >> nicole: markets are under pressure. dow right now, futures 78, s&p futures down about 10. >> lauren: checking key commodities this morning. the price of oil 33.11, that's down one and a half percent. gold is at one thousands 22 dolores a troy ounce. up about 66 bucks. >> nicole: we are seeing mix bag. >> lauren: yield on the ten-year treasury, # 1.93%. you do want to point out that yield in japan had record lows this morning. >> nicole: stocks stored on friday after sus -- surprise move. what can investors focus on this week, we bring in the expert, we obviously saw a tough january, february not a presidential year is a good one, what do you think of the week ahead? >> it's going to be interesting. we have a lot of data. that's a positive. if we can keep oil above 32.50, it's the technical point. i would love to see that closer to 50 than 48. of course, this is a job's week, so, you know, the end of the week brings us the most of the data. we have 127 s&p 500 companies reporting. the key markets energy stays above the 30 we

the dow down 1.6%. you're watching bloomberg markets right here on bloomberg television. ♪ vonnie: good afternoon and welcome back to bloomberg markets. i am vonnie quinn. let's get a check on where the markets are right now. that ishe s&p 500 -- intraday chart -- the s&p is down 2.1%, more than 40 points. 1885 is the level. the dow jones industrial average, a mirror image, down 1.6%. 16,147. the nasdaq composite index, it is having the worst day of all, more than down -- more josh down more than -- down more than 3%, being led by energy and telling indication stocks. have bond debt telik indication stocks. have bond markets looked beyond the federal reserve for cues? for more on what we could -- what it means for credit investors, we bring in lisa abramowicz, columnist for bloomberg gadfly. to i for joining us. you say we are -- thank you for joining us. you say we are moving beyond the federal reserve for cues, yet we a better-than-expected jobs it was and it seems like the traded we received. lisa: it

look at the dow down around 200 points. what's the cause? well, largely, it's european trade. t's have a look at that as well. we go the dow down 180 points. had a little bit of a loss. europe leading the low. dax down 2.5%. we had a slightly positive open in europe. industrials, though, falling the most. financials had had a bit of a bounce after a torrid week last week now very much in the red as well. a quick look at asia. although most of it was closed for the chinese new year. japan trading up at 1.2%. >>> for the broader markets, oil's under pressure again. it was earlier higher, a bit of a turnaround overnight. were ti crude holding above $30 a barrel. brent crude down 2%. in terms of the bond market treasury, they've been buying treasury, pushing those yields lower for the past few weeks. what we're seeing is a continuation of that theme again this morning after a mixed job report for january. a lot of folks saw what they wanted. strength in that 4.9% unemployment rate. and wage growth. treasury note continues to move lower at 1.82. as far as the dollar, the dollar had

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nicole: we had volatility, the dow down 400 and recovered some of that, dow futures down 3, isn't thes down $9. nicole: talk about high prices digs. beyonce showing off her air bnb home she used in san francisco for the super bowl halftime show. the luxurious home, was spectacular as it should be for $10,000 a night, the $50 million estate sits on 12 acres and has five bedrooms, eight bathrooms along with a rooftop vegetable garden and tortured and even chickens. the big deal for air bnb. the broncos return home to denver yesterday, peyton manning and a side trip on his way. peyton manning and his kids went to disneyland for the annual post super bowl victory parade with his -- thousands of excited fans down below filled disneyland's main street u.s.a.. peyton manning did not do the iconic i am going to disneyland post superbowl commercial is your. eric fisher is out as head coach of the knicks, a season and half after he was hired by phil jackson, fisher was fired yesterday after the knicks lost five street in nine of ten. this is the head coach was directed to interim head coach. in

the board. dow futures down 213 points. art of the reason, culprit there. 2.3 to the downside for oil and gold around 3-month highs, we are waiting on janet yellen this week and who better to take you through the next several hours maria bartiromo, mornings with maria begin right now. good morning, maria. >> maria: hi, everybody, brutal day for markets, monday february 8th. we welcome you to the cram. -- program, with me dagen mcdowell and first top stories right now. >> and the denver broncos have taken super bowl 50. >> maria: a rocky mountain high for peyton manning leading the team to victory last night over carolina panthers. final score 24-10. questions were raised when he made this endorsement. >> i have a couple of priorities first. i want to go kiss my wife and kids, i want to hug my family, i'm goinggoing -- going to drink a lot of wud budweiser tonight. >> maria: beyonce and bruno mars and overshadowed cold play. we have everything you need to know from lady gaga's national anthem performances. take a look at the

the nasdaq down a little over 2%. the s&p down 1.8%. the dow jones down 1.8%. re bloomberg markets after the break. ♪ david: welcome back to bloomberg markets. royal caribbean stock hitting rough waters today. after fourthg quarter missed estimates. talk about the importance of this particular earnings report. >> it is in the midst of the so-called booking season, the peak january-march season where cruises are booked. david: i mentioned the strength of the dollar, the interest rates. >> that had a positive effect. they really negative affect came from yield impact. david: we heard a lot about the virus. the potential to spread. did that come up today on the call? >> it is something we watch carefully because 40% of crews uises are deployed in the caribbean. they have not seen a booking impact to date. afraid ofe i traveling, they might allow me to cancel or change my reservations? >> they've offered expected to postponeoption their cruise or rebook it to a region that does not include those territories. david: they are used to this. sars've seen things like be

with the dow down 206 points. n stopped by and said no buyers sell bias on the close here, they have paired off at this point. joining us with her thoughts, samantha from jp morgan funds. stepping in here as we try and make sense of the guy races of this market just today. where do you stand on the issue of the impact of european banking crisis on u.s. economy and so forth? >> well, we're thinking of it as pretty separate. i think what's happening now is that the market doesn't like negative interest rates. we know the market likes quan take tif easing. is that going to have spillover effects into the u.s. equity market long term or u.s. recession? we don't think so. >> it's a great point. i wonder whether central bankers will look at the message from the markets and think maybe we should try something different, try more easing. it's interesting they decided to go negative and now we're seeing this sort of fight that the market is putting up. >> it's hard to interpret. it also speaks to the fact that the seb tral

the dow is down about 70 points at the moment. holding on to a gain of four. the nasdaq up about 31. >> a leading trader will tell us what he's watching as we head toward the close. >>> also ahead, jim grant author of the influential newsletter will speak with us exclusively and why he thinking negative interest rates make no sense. stay tuned. >>> welcome back. these markets are continuing to move lower. the dow is down almost 100 points, which has happened in just the last couple minutes. it's been the underperformer of the three major indices. >>> still about a 2 :1 decliners to advancers today. disney down, since its earnings release. ibm is down there about 3%. on the flip side nike still in the green, gaining 3%, bill. we'll continue to keep an eye on things. >>> meanwhile, as we head towards the close. 1.70%, and the price of oil is threatening to go below $27 on wti. alan valdez joining mess right now. we weren't joking which i said how low can we go, and you said maybe a lot lower. >> the market is just following oil all the way down. they're not even

the dow was down close to 200 points at one point. it ended up 52 points on the dow. all indices were up. we're once again following oil which was down early on because of saudis continuation of their production quota for oil. they're keeping it going. gold getting a pop. that was up much more. ending the day up seven. melissa. melissa: here is a look at the dow's big climb today.

the nasdaq down just over 3%. 2%.s&p 500 down almost the dow jones down 1.5%. hen we got jobs numbers for the month of january. time for the bloomberg business/ . sh.bloomberg business fla china has surpassed canada as the u.s. plus biggest trading partner. the u.s. trade deficit rose in december as american exports fell for the third straight month. biggest trading partner. fixed barclayso by spinning off its investment bank and selling its africa unit. that is according to an open letter. barclays traded at 40% less. bridgestone recalling more than 36,000 heavy truck tires in the u.s. and canada. the tread can separate from the body and cause tires to fail. bridgestone/firestone will replace the tires at no cost owners. just as global investors are trying to regain their footing, reinforcesturbulence the view that the risk of china led global recession is rising. 2015,the last quarter of if you correct the chinese data, you get about 2% global growth. that is well below capacity. that is as close to recession as you can get. david: is it time for investors to

down 85. looking at the dow. we are now down five days in a row. >> nicole: that would be for oil too. 26.61 the barrel right now. everybody is looking at gold 12.19. >> lauren: you have the euro, yen, safe haven yen higher this morning versus u.s. dollar. >> nicole: looking at the yield 1.62%. >> lauren: wow. federal reserve janet yellen goes back to capitol hill today, yesterday she told a house committee that the fed is not likely to revert plans to raise interest rates this year. she did say that the volatile financial market, those items have increased risk to the u.s. economy. the fed open market committee expects the world economy to gradually improve. >> ongoing employment gains and faster wage growth should support the real incomes and therefore consumer spending and global economic growth should pick up over time supported by highly monetary policies abroad. >> lauren: she does not expect that the fed would be in a situation where it is necessary to cut rates any time soon but as james hughes was telling

the moment. down 350 at this very second as persistent fears of global weakness are causing a major rout in stocks at this hour. the dow and the s&p and the nasdaq are all down more than 2%. listen, financials are extremely ugly at the moment, but you can also throw tech and energy stocks in there as well. all of them are leading these major indexes lower. this after europe sold off in a big way early this morning when many of you were asleep. the s&p 500 at this moment is looking very weak, down 467 points -- 46 points, that's a 2.5% loss, on track for the lowest close in nearly two years. the nasdaq is getting smashed any way you look at it, trading at its lowest levels since october of not 2015, but 2014. today's selloff follows a hammering last week that culminated in paper losses of some $800 billion for a lot of you out there combined. now, you cannot only blame oil on this, but we should tell you once again it is one of the catalysts for a lot of the negativity here, dipping below $30 a barrel in the aftermarket session. we're till there, six cents below $30 a barrel at the moment, but wait until you see the scr

the dow. >> oh, my. >> down 8%. >> you know, they've got a problem. e had a problem with alphabet, with google. in some ways, this is partly caught up in this whole not king of the web. if you're not king of the web, you're pawn of the web. that's -- your eyebrows have gone up 40 times. just prop them up. get some darn toothpicks. >> eventually i will get some work done, but i'm not quite there yet. i'll let you know. then i'll like like -- oh, hello jim. >> you need work done. you need a factory. >> then i'll look like a freak. >> are things happening now that are -- they're daunting. when you see these dif dent cvi cuts. conoco cut the dividend last week. >> they did. >> a conference call they said it's still important. when you listen to the conference calls, like i did last weekend, nobody is admitting that things are not good. linkedin, what was the problem? they talked about macro economy. we didn't think they had macro exposure. conoco said they will preserve that dividend. they said on the call it's important to preserve. you can't have both, r

the dow theory sell-off. look out below once again bet holding down 277 points for the dow, the s&p down 25, if you look at where we were, the s&p had been down 41 points so we could cut that in half. this morning some good news, first-time jobless claims came in at their lowest level in seven weeks, report earlier this week that job openings numbers that we get actually in december was at a record high but the republican presidential front runners calling bologna on all those data points, donald trump talking about that with stuart varney. >> if you add up all the people that have looked for jobs and cannot find them and now have given up looking, you're talking about 25%. liz: on the other side bernie sanders been moaning of the fact that a lot of people either don't have the jobs they want or any job at all. on both sides it becomes the polarizing issue. who wins in a questionable economy? make you whitman is democratic strategist for then senator joe biden and a columnist for the new york post in a fox news contributor. good to see you. gentlemen, on the surface we have positive data so that goes to the demo

the macros elude us. you know, we're down 31 basis points on a two year, we're down 53 basis points for the year on a ten year, we're down close to 6% in the dow and the s&p and we're down almost 10% for the nasdaq. so, you know, considering those issues, i personally think we're just in for more of the same, and the real question is is how volatile the process will be. i think for the moment we're at an equilibrium. i thought this morning when ten years briefly traded above a yield of 180 that we'd be a lot calmer than we were, but it's impossible for treasuries under the macro numbers i gave you to ignore when the stock market goes triple digits down, and i think that's going to be something that is ongoing but it mostly is a day trend. i will be shocked if yields don't inch back up by the end of the session because i think the oil stock/bond trade, a lot of that is from a day trading vantage point, especially some of the speccing on buying tresh zblis that said, we did, eric, find out that both german sentiment weakened by one measure and u.s. consumer sentiment weakened this morning. it surprised a lot of people. you mentioned you don't th

the dow jones average is down stocks fell sharply this morning with the dow down more trading, and a continued drop in oil prices and fears about slowing global growth. >>> a boat fire led to the discovery of a body in the water near north ocean drive. >> reporter: this is a big mystery for detectives and this is the only piece of evidence in the investigation. they are working to figure out if the fire was intentional or involved. >> there was a small triangle of flame in the back. within about a minute, i got up to grab my phone, and within a engulfed in flames. >> reporter: a 22-foot boat down to debris. >> it's done, burnt to the crisp. hopefully nobody got hurt. >> reporter: crews were called monday morning. the boat was drifting north in front of a dock. >> i never did see anybody go in the water. it was dark and there was a lot of dark smoke. >> reporter: firefighters extinguished the flames and the body of a 44-year-old man was the circumstances surrounding the fire and how the man ended up dead remain under investigation. that victim's body was taken to the medical examiner'

down 1%. and still the talk of the british exit out of the euro zone, topic that continues to go on. lauren: down for the second day in a row, dow down just 90 points. s&p futures down 9.5 and nasdaq futures down 28. train to the big story in saudi arabia, we are not cutting our production. dropping down 3% at $30.99 a barrel, down about about. safe haven of gold up $11 or 1233 troy ounce. lauren: donald trump when he nevada democratic caucuses. his third straight big tree in the gop base. ted cruz and mark or rubio are in a tight battle for second place. fox news alicia acuna slide in las vegas for the very latest. good morning. reporter: good morning, lauren. yes, donald trump steamrolling through super tuesday with his third win, his third contest in a row. the numbers are still coming in, results from last night. we wanted up date on where things stand. trumpet the commanding lead. pay close attention to second place. senator mark or rubio and ted cruz too late to call at this point. the 30 delegates awarded proportionally stand like this. 12 delegates to mr. trump, five to rubio and cruz. dr. ben carson and governor kasich

and the markets are making a big run off of session lows. last year we were down more than 100 points on the dow right now still in the red there, down 15. much more on the markets coming your way when "power lunch" returns. >>> welcome back to "power lunch." i'm michele cabrera. stocks are bouncing off their session lows. the major average is still in the red. but we have seen a mini rally in the past 20 moins. right now the dow is down 14 points. the s&p down only 3. and the nasdaq down 17 points. the russel 20 # 0 lower by half a percent. 5.5 points. coca-cola beating estimates by a penny. coke says global volumes grew 3%. in its latest quarter. the stock is in positive territory. cvs is up thanks to a 5% increase in pharmacy same store sales lastie year. a pair of stocks hitting all time high this is session. utilities. investors piling into utilities. coned and nexterra at up with of their highest numbers on record. >> we'll got to that and more here with all time highs in some of the utility stocks. they have been a bright spot in what has been a disturb len market. one of two sectors. the

the swelling down. he's worth to watch. closing bell ringing in nine minutes, the dow up 12 points after down 166 points at the low.sing the come back? and what should you be doing? maybe the groundhog tomorrow is predicting an early spring for the markets and your investment. stay tuned. we're coming right back at the last second best investment advice. . . . . i've been called a control freak... i like to think of myself as more of a control... enthusiast. mmm, a perfect 177-degrees. and that's why this road warrior rents from national. i can bypass the counter and go straight to my car. and i don't have to talk to any humans, unless i want to. and i don't. and national lets me choose any car in the aisle. control. it's so, what's the word?... sexy. go national. go like a pro. liz: we're five minutes away. the dow turned negative. it is the most important hour because you never know what is going to happen. google we should mention is set to report earnings after the bell, under alphabet. giving investors what the parent company is really made of. more transparency the key word. let's go to the new york stock exc

as of right now the dow is down nearly 250 points. , it adds to the misery, quite right, ash. we have a sea of red if you look at all 30 of the dow stocks, there are 30 up there, 29 are red, that means one of them united technologies the only winner in the dow. why is this happening? because oil is selling off again, down a buck and change in the price of oil. energy, there fore, the worst performing sector. you're looking at big named oil stocks and they are down. drillers down, chesapeake is taking special action and that's the only one that's up. all right, liz, overall, the end of the market rebound that we've seen in recent days? >> yes, a relief rally from oil going up slightly. when the markets go down, which they could, this is a bear market relief rally, that's when you get better prices on stocks, may not want to buy now. stuart: ashley, you've got the webster ratio, oil down. ashley: with economists and clairvoyant, basically, look, when the price of oil drops a dollar, it's about equated to 100 points on the dow. but with t

down 100 by end of the day and vice versa. nicole: how much panic is needed? by the way yesterday we saw the dow down 400. we recouped some of that. today dow futures are up 100, rob. so how much fear needs to be in the market? how much do you sit it out and wait? >> i think, lauren, that back to the yellen stampede comment this seems to starting to wane a little bit. we have volatility until most of the sellers have sold out and but i think we're starting to reach that point. lauren: rob morgan, chief investment officer, sethi financial group. thanks very much. >> thanks. lauren: oil prices heading higher after touching the lowest price in nearly 13 years. the gains helped by reports that opec members are willing to cop rate with cutting out put. phil flynn, price futures group, fox news contributor joins us with the latest. phil, we keep hearing chatter opec will cut production and price of oil will go up. those rumors definitely moved price of oil. when will that actually happen. >> i think the market takes it more serious only because the source it is coming from. the united arab emmir rate is closest

at its worse the dow down 411 points. nd janet yellen, the first reserve chief, told congress she would not rule out negative interest rates. thyidl. means banks would pay something like a penalty fee to have the fed hold its money. that's already the case with five central banks robbed then world. japan is doing it as well as western nations. so a big change could be coming. we have to wait. some of america's favorite names, alpha get, apple, microsoft, stocks down 10 percent or more. so global markets a big issue here. oil facing huge head wynns and touched the lowest level in 13 years, we're seeing gold rally here, and why? because it's a safe haven for investors. this is the biggest one, day gain since september -- this year, it's up 17%. remember, the trouble all3y started overnight in asia and china, where stocks were sold overnight. that spread to europe. take a look at these screens here. uk stocks down 2.4%. germfully down 2.9%. france down 4.1%. the trouble is big. it's slowing everywhere. >> thank you very much.

down 9% for major averages, the cac quarante down 2%. and in the u.s. stock futures trading down, 1 twenty-seventh you are looking at the dow24, let's look at what is going on with oil at this morning. it is down $3.60 down 3.2%, seeing some accelerated selling and oil. gold down $2 at $11.25 a troy ounce. >> this is how the dollar's trading against the currency strength in the era when the japanese yen, and checking out the ten year bonds, money moving into the ten year bond, around one.92% this morning, coming up record turnout in iowa leaves donald trump humbled and defeated by ted cruz. >> we finished second and i want to tell you something. i am just honored. >> we have the results and google parent of a that takes over the world and yahoo! ceo marissa meyer gets bent to swing the ax. you are watching "fbn a.m.," breaking news. >> i was reasonably happy today until i discovered the dirty tricks that were going on, people spreading rumors that i had dropped out and people should caucus for somebody else. i just want you to know i am not going anywhere. >> ben carson came in fourth. iowa democratic party declaring hillar

the dow is down 231 points. the s&p down a like amount and nasdaq getting hit hard, technology one of the big losers. >> also what happened an hour ago, the oil settle. we talked about how the risk in the market is more from that but maybe it's still putting pressure on the space. we're down 233 at the movement and meanwhile the presidential candidates are making their final push through new hampshire ahead of tomorrow's premare. larry kudlow had a chance to speak with a few of them and joins us now. what's the latest from the trail, larry? >>. >> we had a prety interesting interview with donald trump an hour ago. he and jeb bush are going at it, let's see if we can play a clip of jeb bush versus donald trump. >> if i've proposed a 45% across the board tariff on china, the man is crazy and donald trump does it, it's a sophisticated negotiating tool. >> jeb is not a very smart person, doesn't understand my plan. i'm not talking about 45 p. he made that up. i said that what china is doing to us with their devaluati

shown complete confusion today, intra-day of the major indexes, mostly the dow, the nasdaq looked healthy but the dow has been up, downund. called it land of confusion, what does this tell you? >> well, i mean, you get a confused market, you've got a confused fed. nice to see, one of the piece i saw from the statement this morning that was valuable was acknowledging external forces are affecting the u.s. interest rate market. going into december they were ignoring europeans killing their bonds and currency, japan doing the same and china killing their currency. it was nice to acknowledge that the u.s. is no longer in a bubble and maybe the reason why they can't raise rates is external forces. additionally, the one thing that was odd, this was weird. it was okay, we're not going to raise rates because the market is selling off, but when the market calms down, we might start raising rates again, except the market is selling off because you might raise rates again, it enters this crazy circular logic. you want to know why there is confusion, the fed is creating it. >> here we are, luke, barely above $27 a barrel. we got

you come into downtown, look at the green. slowing down as you head between i-26 and i-70. >>> the dow is down. it's tax time. there's word, scammers have hit the irs. here's anna daniels with today's money watch. >> on friday, the dow closed down 57 point and the nasdaq up 8. a cyber hack in the irs is worse than thought. they said scammers gained access to $700,000 accounts. the information stolen includes data that could be used to file a false tax return and collect a refund. the irs is mailing notifications. >>> the german auto maker says the robot can't handle customized options offered to its customers. turns out more than 400,000 vehicles a year. >>> ben and jerry's is going vee began which has peanut butter chunky. it will be made with almond milk instead of cream. that's your cbs 4 money watch report. log onto cbs4moneywatchreport. i'm hanna daniels. >>> it's 41 degrees. >> there was a mix up on the red carpet and why some say we all love whoopi, but we don't all look alike: >>> the basketball team hoping to play into april, but yesterday the -- bucks played their final home

the ftse up four points from the cac up four points, the dow down. can regain some positive territory. dow futures up 16-point and nasdaq up about two. >> we are looking at the best week of the year. mark is flying high this week. commodity straight to the downside. over $37 a barrel and gold given $3 to 12.23 a troy ounce. jo: now amazon is teaming up with woody allen to release his next feature film that will be a romantic comedy. all of that coming up. "people" magazine may be jumping into the television business. people reportedly on the verge of signing a massive deal with abc. we will have the story. you are watching "fbn:am," your first look at morning markets in wiki news. -- breaking news. ♪ e smarter investors will always be. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be. lauren: let's take a look at u.s. stock futures. in the green. s&p up 1.5 and nasdaq up five poi

the dow right now is down 1 and s&p up 1 and nasdaq is up 7. fbn:am, first look at morning markets and breaking news. siness of tomorrow on the network of yesterday. >> lauren: let's take a look at u.s. stock market futures, s&p futures up a point and nasdaq futures down 7 and a half. >> nicole: wewe are waiting for the monthly job's report on friday. gold is up almost 3 bucks. >> lauren: picking the right political candidate might be as easy as using dating app. you heard that right. you can either swipe right or swipe left when answering eight yes or no questions about policies and issues, the apple then give recommendations for the 2016 presidential campaigns. voters currently only available on apple devices. >> nicole: if you ever wanted a very short television show your wish may have been just granted. check this one out. >> do you think anyone is going to know? >> we will find out in half an hour. >> nicole: this is the new instagram show. it's called shield 5. which will offer 28 episodes and each episode 15 seconds long, right. you can m

the major indexes, 3% down. the s&p 500 down 2.5%. 45 points. the dow at about 2.25%, 336 points. more markets after the break. ♪ david: stocks are selling off and gateway and the nasdaq is leading, down three point 1%. abby doolittle's live in the marketplace. that's a big selloff, the nasdaq is less than 1% away from entering of their market, feels like a waiting game at this point. following garishly in the biotech sector, they've entered thethird bear market from july 2015 record peak earlier this year. be aown near 40%, it could signal of what's to come for the nasdaq. .eading it down today, facebook down the hardest on the news that the company will not be able to offer its site in india under a free basic plan that they had been pushing for. this is somewhat of a stunning reversal last week. they had been up year to date, now down as a sitting duck for investors to sell short. now the stock appears to be heading for its moving average for the fourth time in 12 months and it will be interesting to see whether or not that support can hold. almost as much of the story as the po

. >>> let's take another look real quick of the stock market and the dow down 257 points. again, this is all about the price of oil phone. for complete market and business news, go to www.wral.com and click on business. >>> have you ever wondered do they end up back on store shelves or some other location? we'll answer that burning question after the break. there is a >>> holiday gift people get are been there, done that, right? in past weeks, billions returned items they received that those returns don't always go back to the place you bought them. adriana diaz shows us where some end up. >> reporter: the holidays are long gone but it's the most wonderful time of the year for michael wrinkles that. >> it's organized chaos. >> reporter: owner of sure liquidators outside chicago. that's because this is where many items go when they are returned to sellers like amazon, home depot and sears. >> is this almost like santa's workshop for christmas rejects? >> for sure. most of it is just customer returns or buyers remorse. >> reporter: his warehouse is overflowing with everything

300 points on the dow. dow down 12% over the last 90 days. boeing is the worst performer in the dow. announced job cuts in its commercial airline unit. financials dragging the index down. also investigated for its accounting. >> and dreamliner. >> being investigated over some accounting issues. broader market, s&p 500, nasdaq and russell 2000 all down again. oil, big part of the story, dipping below 27 bucks a barrel. more concern about, you guessed it, too much oil. look at the yield on the ten year treasury note, it continues to decline as well. the upside, guys, mortgage rates should fall once again. let's get to sue herera for a check on the news headlines. >> thank you. here is your news update at this hour. a riot killing 52 inmates in northern mexico's prison, 12 others were injured there, the state governor saying the fight began between two warring groups and the inmates then set fires during the riot. no reports of any escapees. >>> a u.n. agency finding the earth faced more than twice as many droughts last year than the average of t

we see the price of oil down more than a buck. that will probably take the dowown at the opening bell. not by that much. maybe 70, 80, 90 points. we're off. we're running already and i can tell you now the dow is 50 points. commenting today. ashley webster, keith fitz-gerald. my first question. do the results of the iowa caucuses have any impact of any kind on wall street? scott shellady? >> i don't think so, no. we have our monetary schools and i think it gives a better stance to see if we can get anything started. >> how about you, any impact on wall street at all? >> i'll respectfully disagree with scott a little bit and here is why. they say iowa is about narrowing the field. here is what's happening, you're going to look at sec. in huge swaths, a big win for trump, and a big win for hillary for dole outs. i think it sets the tone for mergers and acquisitions and i think the effect is not immediately, but 12 months from now. stuart: 12 months. what do you say. ashley: i think that if trump has a handy victory, it could be seen as business friendly and could

at noon, the dow down at 16447. the nasdaq down 345 points. >> the takata air bag recall may expand. the highway safety administration may recall as many as 409 million more air bag. that would triple the air bags recalled so far linked to nine deaths in the u.s. in november the company was ordered to stop making air bag inflators that used ammonia that's believed to be a factor. >> fit bit fell 16% in after hours trading after company officials say they expect first quarter revenue to miss analysts predictions. it is the 134st worth performing ipo over past 12 months. investors are concerned the company cannot maintain its level of growth. higher manufacturing costs and the global launch of new products, the blaze and the you willta are partly to blame. >> starbucks changing its customer loyalty program. it will gave based on how much you spent versus the number of visits. in april customers will earn 2 stars for every dollar spent. free rewards earned after accumulating 125 stars. >> still to come at noon, while >>

the s&p 500 is down only about .3%. the dow is down about .4%. we had seen the dow down about 160. we have shaved off about 100 points from the low early this morning. the nasdaq is down about .2%. a couple of things affecting markets, china's manufacturing index, which came in at a u.s.-year low, and personal spending coming in flat for december. a nether weight has been crude. let's take a look at that. it is off its lows right now. by 5.8%. we saw this earlier read here, right before the 2 p.m. mark, , 6.93%.its lowest but we are seeing it break a four-day winning streak from last week, not just a four-day winning streak, but also continuing a bunch of losses that have been happening over the last four months. hop into my bloomberg and take a look at the seasonality chart. this is the function on your own bloomberg. address your attention to quatro blocks. from november-december, january, and now february, four straight months of decline. today, -5%. toll, andl taking a the price definitely coming down. david: energy is really weighing on the averages today. of the bige some name

the latest. those shares are down significantly but the market, the dow is down 93 points, half a percent. we see this a lot. last week we could see gains of the same size and losses of the same size. declines in the major averages today with crude oil what parz appears to be moving positively but i don't want to hang too much on the number. >> don't put that one up there. >> up next, we have former secretary of homeland security michael chertoff, weighing in on pt controversial battle with apple and whether or not the tech giant should be forced to give the fbi access to the shooter's iphone. >>> plenty of attention on tomorrow that super tuesday vote but there is another election americans may want to watch that could have big ripple effects in the u.s. seem d seema has that story next. i am benedict arnold, the infamous traitor. and i know a thing or two about trading. so i trade with e*trade, where true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) i'm spending too muchs for time hiringnter. i won't. and not enoug

the dow down 13 points. l and energy stocks, oil and gas stocks continue to be the big drags on the market today. oil a driver of recent swings. closing at $27.94 a barrel, down another 6% today. oil prices have been hit by increases in global supply and concerns over demand growth easing this year. so price futures group senior market analyst phil flynn joining us with where crude prices go next? sir, nice to see. >> you hi, lori. good to see you. doom and gloom today, if you look at the national reporting agency, watch the oil market lori. the international energy agency doubled down on the bearishness of the market, basically saying forget about the rally are any hopes that oil supplies get in balance any time soon. they don't see it happening. they say those are false hopes and that put a negative mood in the marketplace. later in the day, we did get a report from the u.s. energy information administration and closely watch short-term energy outlook that came out today. they had a similar bearish expectat

the dow down 21 ending trading the nasdaq was up 16 and closed at 4504. >> tammy: facebook and twitter are supporting apple in its battle with the fbi. >> frank: apple is refusing to help investigators it break in to the phone of san bernardino shooter syed farook. twitter's ceo tweeted we stand with tim cook and apple. >> tammy: it voted to begin the process of creating new rules that could give consumers the option to not get the boxes from the cable or satellite provider. but they can use their apps to get their cable tv. which could help decrease costs >> frank: proctor and gamble says it will cut another $10 billion in costs. the company has shed more than 20,000 jobs so far. executives have said much of the trimming will come from marketing. hathaway and coby merger will . >> tammy: yahoo's ceo outlined a flr . >> frank: you might be saying yahoo about the weather. forecast. i'll lay out which day is going to be the wetter of the two this weekend. 56 degrees for the high today. the day off. enjoy. 29 on the low this morning. it was a little colder than average on that number. no

. >>> here's a live look at the dow. down 219 points to 15,000. marcus is down globally. the dow closed down 100 points wednesday. >>> there's bad news for twitter. the social media company is losing customers and its stock is falling. twitter reported wednesday that it lost 2 million users in the last trading. >>> 9:36. we're taking action for you. competitive -- full family schedules. that's music to the ears of companies that focus on housework and handy man services. new data shows a lot of us are putting our free time first and hiring out simple chores. >> with a home improvement store on each corner, many of us are trying our hands on projects around the house. how much is your time worth? >> with people as busy they are with their kids in lots of activities, a lot of time they're hiring out more chores than we used to whether it's cleaning the house, mowing the lawn, cleaning the gutters. >> a recent survey of 2400 finds leaving yardwork to the pros topped and is expected in 2016. one out of every five owners will hand their chore list to a pro to increase their fre

it's not looking great with the dow down hundred and 72 points. the nasdaq is flipping on the s&p 500 . were breaking news just in. deputies are investigating a hit and run. they are looking for a semitruck with a white trailer. they say the truck was driving south on kingsford parkway ma right on sand lake road. the trailer park hit a person standing on the shoulder waiting to cross the road. the driver stayed until emergency workers arrived but then he left the crash scene. if you know something, call deputies now. >> in the consumer watch today, free shipping means putting more in the shopping cart. it's interesting. company reps say they are raising me requirement for users. if you spend enough money on the retailer, you can get free shipping but you have to shell out $49 before it ships for free. that's a 40% increase of just $35. amazon prime members are not affected. inks to age jacksonville deputy. we'll show you how the 9 foot long a rare sea turtle has deputies to thank for saving his life. that sea turtle was one of the most endangered o

the moment. down 350 at this very second as persistent fears of global weakness are causing a major rout in stocks at this hour. the dow s&p and the nasdaq are all down more than 2%. listen, financials are extremely

down to 30. seven-day forecast does show a nice warmup back to the 60's by the end of the weekend. >> i'm looking forward to it. pleasing its customers. at noon, the dow down at 16546. the nasdaq was down two points to 2540. target seeing business increase at stores open at least a year. overall earnings missed expectations. the retailer has been regaining traction with customers by focusing on baby goods and apparel. target putting greater emphasis on health and wellness including a design partnership with soul cycle. this was the company's six consecutive quarter of seeing sales growth. >> the breakfast industry with sales tumbling 30% over the past 15 years. there are many reasons why. many eat breakfast away from home opting for sandwiches or yogurt while others choose mot to eat breakfast at all. 40% of millennials surveyed said cereal was inconvenient because they had to clean up after'ing it. calorie items. they are two low carbohydrate breakfast bowls. one has egg white, turkey sausage and kale. it clocks in at about 250 calories. the other has sausage and hash brown and pico deguy owe. >> nissan disabled an app that allowed owners of its elec

the dow down 57 points on friday, ending the nasdaq up eight points to end the day 45-90. 3 3 looking for an even cheaper way to fly? the cost may be lower, but you'll have to give up a few comforts. some of the larger airlines have created a new class called "basic economy." according to the "the economist" passengers who use this service will not be able to reserve seats, upgrade them or cancel reservations more than 24 hours after booking. delta was the first to introduce the service. united and american are expected to roll out their versions later this year. 3 speaking of air travel one lawmaker is looking to make sure you don't get packed like a sardine. senator charles schumer says he wants the f- a-a to establish seat-size standards for commercial airlines, the new york lawmaker claims seats have gotten smaller over the years and there's no federal limit on how much tighter they can get. f-a-a officials say they plan to review the senator's proposal. 3 citigroup receives a subpoena from federal prosecutors from the fifa bribery scandal. in a regulatory filing the requested inf

the floor with more on what's moving. bob? >> hello, david. good to be back. down open here, but we're off the lows. down about 140 on the dow, now down 115. eakness, guess what? you have oil down 3% pre-open, that means energy stocks will be leading to the down side. energy weak, telecom, industrials also weak. defensive names, utility staples not down as much. we are continuing to get a mini rally in gold. gold back in december almost dropped below $1,000 an ounce. not quite. but it's been rallying ever since then. we're close, this is up a good 11%, 12% since then. continuing today. highest level in a few months there for gold here. meantime, naturally all the big energy names are down. the drillers are weak today. so, rig, diamond off shore, ensco down. we have about 40% of the s&p 500 reporting so far. very interesting on the stays that they have been reporting, we've seen some stocks rally here. on days when energy stocks have reported numbers, they have had notable rallies, materials have as well. this is interesting. this is from our friends at bespoke. most people think this is an unlikely start of a new bull market here and a lot

taking a look at the dow. we're down 32 points. eek for the dow of 2016 let's go to new york stock exchange with adam shapiro standing by with today's top movers, adam. >> i want to talk about stocks. i need them in the monitor. yahoo! is up 1.9%. i don't have the accurate because i need monitor. charlie gasparino talked about need to save the company exploring strategic alternatives, i.e., looking to sell parts of it or even all of it. they set a up committee with goldman sachs to talk about engagement with separate parties. take that for what it is worth. yahoo! is up 2% as we head towards the closing bell. nordstrom a big dig pointment. down 7.8%. investors don't like they're guiding for current quarter and for the year. compare them to other retailers macy's is up 17.3%. target is flat. we'll get macy's and target earnings next week. back to you. cheryl: adam shapiro, thank you. we'll see you when the bell rings. oil erased gains for the entire week. inflation data shows fed may have a firm path raising rates. we have ron weiner

the dow expected to open down by about ten points. nothing like the type of moves we saw yesterday. of course, the dow at one point down 400, although it closed 200 points down. sara? >> love when you do that. around negative rates. love the reaction. we've got today's trade of the day. volatility is spiking as the market selloff accelerates. how can investors trade the rising volatility using history as a guide? our data team looked back for which etf securities tend to move if the vix continues to rally. turns out investors flock to etfs like the tlt, the treasury bond etf and gold related etfs. all, by the way, have been working very well over the last few weeks. on the flip side, emerging market countries, the materials and the energy sectors, those are the worst performers. for more, you can go to cnbc.com and check out cnbc pro. worth saying on the vix, that fear index on wall street, we are elevated and rising on those levels. we are not as high as the panic moments during last summer when china caused a major spook about its currency. >> which saw a huge one or two-day move.

the dow down 173 points at 15741. the nasdaq was down 25 points at in ter testimony, federal reserve chair said global economic trouble and a recent selloff of stocks could rattle the economy raising the prospect hikes. march. her remarks suggest current conditions could threaten plans for that to happen. >> including the possibility that low oil prices will boost u.s. economic growth more than we expect. >> she noted the fed is hesitant to raise rates further without clear signs the inflation is picking up, inflationinflation. >> adding service to and from the long beach airport near l.a. this will give carriers its fifth airport in the greater l.a. area and the tenth in california. jet blue has also applied. says domestic airfare has dropped to a six-year low. airline ticket prices have fell to 15%. the average price is $372. expansion of low cost airlines and plunging fuel costs are big drivers of the change. >> she had no idea the reason why. still to come at noon, how a quick thinking deputy saved the day. >> comi

the dow down 99 points to finish at 15,914. the nasdaq closed at 5283. >> tammy: daimler and mercedes benz have issued recalls in the u.s. because of airbags that may be defected. hyundai hyundai, ford, explode violately without warning. they have caused at least ten deaths world wide. nine of those in the u.s. >> frank: the u.s. economy could be facing a bumpy road in the near future. >> tammy: the federal reserve and says she sees warning signs ahead. >> intensified uncertainty about china's exchange rate policy. >> tammy: there are several risks to economic growth in the u.s. borrowing costs are rising, stock prices declined. >> frank: well no uncertainty here about the weather. it's been cold. >> jason: we can't stay this cold forever. you know that. 28 degrees for the high. it was just bitter cold. 22 degrees below the average of 50. 16 this morning. that wasn't a record but it wasn't that far away from a record. no rain or snow today. two and a half inches of liquid for the month. it gets colder and snowier there are many

reporter: time for the fox business brief and the tough day continues to put it mildly for stocks, financials and energy. shares are down by 355 points on the dow financials, citi, bank of america, others are down today. and down big. this is the spdr, bass heket of stocks that covers entire sector. concern about the central banks not just ours but around the world whether or not there are options to help the markets out. six and 7% to the downside. crude oil continues its decline. nobody seems to know where the bottom is, below $27. energy stocks have been having a tough day today as well. with he could highlight chevron as example down 2.3%. only sector with large group of stocks is telecom. centurylink led the way higher there, better than expected outlook. neil is coming back with more "coast to coast" in just a moment. keep it here on fox business. neil: we are getting numbers from the bernie sanders campaign just off the charts, you think just since the new hampshire primary vote, he has raised more than $7 million. $7.1 million we're told, more than any other candidate. and by far, and as the senator likes to joke, 27 bucks at a time. th

the dow is down 91 points. positive for month of february but not so for the s&p. it has now within the last couple minutes dipped into negative territory for the month. on top of that we have news on valeant. it is falling precipitously. let's get to adam shapiro at new york stock exchange. adam. >> canadian drugmaker is down almost what, 17% right now. bloomberg is reporting that the company is under investigations by securities & exchange commission and this is previously undisclosed probe. there is another protect that goes with purchase of another company that valeant was attempting to purchase this is new investigation from the sec. one of the reasons perhaps you're seeing valeant down almost 17%. liz? liz: adam, thank you very much. as we look at markets losing steam, let's get to sam stovall, we're talking fed, politics, jobs, people's money. here we are, sam, we're looking at real weakness in final hour of trade. doesn't look positive for february or at least the nasdaq. why not? where is the struggle h