christine harper will stay with us. we will focus on the market and financials.re about that breaking news with yahoo! forming independent committees to explore options, strategic options for the company's future. then use sending shares up. -- then use is sending their shares up. stay with us. ♪ vonnie: here is your latest bloomberg is this flash on "bloomberg ." biggest maker of farm equipment has forecasted for the third year and a state sales have fallen about 10%. they are facing the third straight year. they are hurt by oversupply of crops. apple has been given more time to fight the court order to unlock a terrorist iphone. the company has until next friday instead of tuesday. a federal magistrate ordered apple to help the fbi get data from the iphone. company developers in hong kong are saying, let's make a deal by offering everything from iphones to counter the slope home sales in the quarter century. they predict hong kong home prices will fall as much as 25% this year. david: thank you. as we reported a few minutes ago, breaking news today. formed

and we have christine harper. always a pleasure having you this morning. we have a lot to get to. let's bring you vonnie quinn at the first word. vonnie: welcome back. it will be a major fight in washington. to actns are valid not on any supreme court nomination by president barack obama. within weeks, obama is scheduled to name a replacement. , according to mitch mcconnell, shouldn't be filled until we have a new president. george w. bush is campaigning for his brother, jeb bush. he didn't mention donald trump by name but he said the loudest person in the room is not always the strongest. swift us angeles, taylor 13 grammy awards last night of the year.um she is the first solo female artist to win that award twice. awards, thear 15 most for any performer. he won top rap act. global news, 24 hours a day. i am vonnie quinn. let's take a look at futures. we are looking at solid gains across the board here after global markets rallied yesterday. the u.s. is playing catch-up. we ask a created $831 billion in market cap globally while our markets were closed. the dow jones futures are

we're joined now by christine harper.eave the building yet -- david stockton. day in theassive markets. futures are a see of fred. or emergingn markets, it is a tough market. remember, china is not even opened this week. deutsche bank specifically is in focus and we will break that down but first, the first word news. david: voters are voting in the first presidential primary right now. trumpindicate donald should win easily with four candidates appear to have a shot at second. marco rubio, john kasich, ted cruz and jeb bush. meanwhile, bernie sanders is expected to win on the democratic side, he leads hillary clinton by the double digits. we'll have a special on with all at 5:00. president obama is sending a budget to capitol hill today. there is a new tax on oil and billions of dollars to provide summer jobs to out of work young people. also included, a cyber security action plan aimed at modernizing older systems. the federal court has requested a were -- has rejected a request from the state of texas about refusing re

and we have christine harper. always a pleasure having you this morning. we have a lot to get to.

bloomberg news christine harper with me for the hour as well as michael gorman, chairman and ceo of franklint first word news. s its say t tonight. hillary clinton is leading the democrats. bernie sanders is not far behind. he is still pushing his populist message. >> you want a radical idea? going to create an economy that works for all of us, not just the 1%. [applause] >> bloomberg world review the caucuses, and found that -- and there results will be on all due respect. a crisis meeting right now in geneva. the world health organization is deciding whether or not to declare a global emergency. the last one was during the goal of -- the ebola epidemic. flynn's water was poisoned with life's two years ago after the source was changed to save money. mark is now with ramy inocencio. futures are on track for a lower open. this is where we stand right now. s&p futures are down 6/10 of a percent. the s&p an nasdaq and dow are nt too far behind. missedrsonal spending estimates, coming in flat for the past month. that is also having an effect on the price of crude. let's take a look at what is ha

christine harper, welcome back. as well as their he. ck you about what you heard? presenting a is bullish economy on the u.s. economy, talking about the consumer doing well and a shift of money from oil producing nations and sovereign wealth funds and having to sell and u.s. consumers using their gas savings to buy. if you are sitting in the u.s. as a bank, that is a positive story. he is also qualifying it, saying he does not run the business on the assumption that things are going to be rosy. he is aware there are problems and they announced earlier this morning that if oil stays at $25 a barrel, they will have to raise their loan-loss reserves $1.5 billion. they see potential issues. obviously, they are exposed to other countries, but in contrast to the u.k. banks this week who have really big problems and what is happening around the world, he is saying in the u.s., things are pretty good and recession risk may be overdone and the market may be more bearish than it needs to be. jon: technology and to some extent that the market is di

voided the contracts of roman harper and jerricho cotchery, making them free agents come next month. it is unclear if the players will retire or play elsewhere. >> christine: a lot of you are asking about the forecast, wonder what to expect we've been telling you about that, meteorologist al conklin is tracking that for you. >> al: i tell you, we have changes from the last time we talked about this yesterday morning. i'll highlight those here for you. first things first, watching this clipper system and that is might-south, heading towardmid-south, moisture dries up once it comes down out of the high country. a sprinkle or flurry then that pushes away. snow showers will continue for the mountains and get the best opportunity for snow as we go in the evening. 8:00 this morning, anything you see here is likely to be snow, maybe a sprinkle as we go in the mid-day hours this, may be heavy-handed, gives you the idea as we head toward the afternoon, a lot of this pushes to the east and the clouds break, we opened up with sunshine the exception where the snow will continue to move in. i expect 2-4 inches in the higher elevations by the time this winds down which