earnings reports from johnson & johnson morgan stanley coming short of estimates. gold is on a tear but oil is falling precipitously after the imf cut its outlook. >> the traditional sources of demand for oil may not be there going forward. if we are growing at 1%, it does mean we will not be seeing as much, but the other thing we have to consider whether it is china or other countries, the efficiency of utilization of fuel. >> meanwhile, china's stimulus measure appears to be working with consumer consumption up last month. facebook is a job creating machine. they say they have helped create 4.5 million jobs around the world. that would include all of the businesses that make money off facebook, according to a study paid for, of course, by facebook. this is after apple claimed it directly or indirectly created more than a million jobs through its app store. amazon is going green. it will use went to power its data centers. the company signed a deal with a wind farm in indiana for the next 13 years. once that farm is built and running, amazon will join apple and go

morgan stanley reports ahead of the open. johnson & johnson also in focus. after the bell we get results from ibm and netflix. a lot of focus also on the fed. the fed is still on track to raise short-term rates later this year even as long-term rates are falling. lower consumer price inflation also will be the focus. the wall street journal says the fed is likely to repeat. they can be patient about rate hikes at their meeting next week. fed fund futures are pricing in a more than 50% chance of a rate hike in october. the imf is calling on governments and central banks to step up reforms and support growth as it cuts the outlook for 2015. lower oil prices and the depreciation of the euro and the yen will help boost the economy but says these benefits are more than outweighed by risks including euro zone stagnation and china's slow down. stewart you're still with us. that stagnation in the euro zone, some of that might be cured, i guess i could say, given ecb and what they're expected to unveil on thursday. that bond buying program. >> everyone wants to belie

look for data on earnings from johnson & johnson and morgan stanley. faulty switches up to 49.s have until the 31st to submit claims for compensation. it's repaired cars recalled. the switch fails giving power to the engine and airbag. >>> amazon moving from small to big screen. the company plans to present a dozen movies a year starting this year. first in theaters, on demand a month or two later. milissa, back over to you. >> thank you. ahead, division one coach closer to reaching a milestone. a player does fall short and we cannot stop watching it. sports is next. flo: hey, big guy. i heard you lost a close one today. look, jamie, maybe we weren't the lowest rate this time. but when you show people their progressive direct rate and our competitors' rates you can't win them all. the important part is, you helped them save. thanks, flo. okay, let's go get you an ice cream cone, champ. with sprinkles? sprinkles are for winners. i understand. kids sometimes bring home more than homework. like cold symptoms. stuffy nose... a cough... chest congestion! fast acting mucinex multi-sy

look for data on housing and earnings from john john&johnson and morgan stanley. friday the dow was 190 points to 17,511, the nasdaq adding 63 to 4634. the number of deaths tied to gm's faulty ignition switches is up to 49. victims or their families have null january 31st to submit claims for compensation. gm has repaired 65% of the more than 1.9 million small cars it recalled because the switches can fail, killing power to the engine and air bags.e+hi gm determined some cars are no longer on the road. >>> amazon is moving from the small to the big screen. it plans to acquire and produce a dozen movies this year. it will release them in theaters and on amazon prime a month or two later. laura, back over to you. >> thank you so much, landon. >>> what is not transparent right now is if you look outside and once again see all of that fog settling in all over the bay area. for more we check in with meteorologist rob mayeda in for christina. >> we're seeing the thick fog not so much around san jose where it's 44 degrees for you. traveling across the san mateo bridge, t

look for data on housing today and earnings from johnson & johnson and morgan stanley. the number of deaths tied to the gm faulty switches are up to 49. families can submit claims for compensation. gm has repaired 65% of the 1.1 million small cars recalled. >>> amazon is moving from the small to the big screen. the company plans to produce about a dozen original movie a year. amazon will release them in theaters and then on amazon prime a month orthopedic two later. back over to you. >>> we want the latest in sports because coach "k" is one win away from the milestone. the blue devils beat pitt, giving coach "k" his 999th win. his next game comes up on sunday. >>> and the hoyas led by as many as 26 points to hand villanova their second loss of the season in a crushing 78-58 win. >>> the first round of the australian open continues. defending champion stan verinka had no trouble. he sent his opponent packing in straight sets. on the women's side caroline wozniacki beat taylor thompson, and venus williams won. and just earlier her sister serena gets the win against the be

johnson & johnson missed. morgan stanley missed. delta did hit. then we got that patented drip. you're getting used to it. as it goes down, the proverbial snowball became a boulder. i don't know where we pinpoint the tough opening session on one item or another. it seems like a bunch of things. the market grappling for a spark. i think it's a spark beyond money. we know about the ecb. we may talk about that on thursday. and all these positive surveys. they lowered their global outlook. they're so late to the party. the real interesting part of it, the us gdp will be 3.1%. that couldn't have set the tone. what's setting the tone for these shaky opens to the market lately? >> i think it's the untalked about story, the market is overvalued. lots of ways to talk about valuation. but at fairfax global markets, i do every week, i look for stocks that are low pes. high return on equity. high free cash flow. only finding 14 stocks that meet my criteria. i can't put together a portfolio with that. what it's saying is, there's no undervalued stocks in this market. every time that's happen

among the names set to post quarterly results before the open johnson & johnson, morgan stanley and delta airlines and after the bell we'll hear from ibm and netflix. meanwhile they're siting sluggish numbers out of the eu japan and the so-called bricks. today's report argues persistent weakness will outweigh the benefit from lower oil prices. the big bright spot stronger than expected expansion here in the u.s. that's something the president is expected to touch on this evening in the state of the union. let's check on u.s. equity futures at this hour. you're seeing implied open for all major averages here. s&p 500 would open up by 8 points. dow up by 50 points. the nasdaq up by 21 points and a lot of that is based on firming in the markets over in europe. better than expected gdp numbers out of china and of course that's helping move global markets in a vastly different direction than we have seen for much of the month. breaking news overnight too. isis releasing a video early today which has been verified by nbc news consultants. it shows two japanese hostages and the now notorious isi

we had johnson & johnson and morgan stanley delta after the bell, though, the two big ones are ibm andflix. wednesday, united health, u.s. bank, discover, f 5 networks lead the list of companies reporting. thursday, big for transport because you have the rails, union pacific and southwest airlines. one of the two airline compon t components of the s&p reporting on that day. friday general electric, mcdonald's and kimberly clark. let's focus on today's after the bell reports. like i said, ibm and netflix both big reports out. ibm a huge focus on what's going to happen with the cloud business, their services business. also netflix, because of the subscribers, right. and just right now, at least at current check, td ameritrade's price or systems are showing that options traders are pricing in about a near 4% swing up or down for ibm shares on the heels of earnings. netflix is even greater. we're talking ability a 10 to 11% move up or down in terms of swing for netflix shares op the heels of the earnings report. back to you. >> thanks. >>> let's talk about the netflix deal. we had an analy

look for data on housing and earnings from johnson & johnson and morgan stanley.on friday the dow was 17,511 the nasdaq adding 63 to 4634. back over to you. >> thank you much. >>> france and germany are teaming up to try to get some of that terror messages off the internet. we'll talk more about that coming up in a bit. >> thank you. >> sounds good, thank you very much. 5:15. >>> checking in with rob, foggy in parts of the bay. >> especially in the north bay and east bay valleys. visibilities down at times to about a half mile. this afternoon sunshine and warm you are weath warmer weather on the way. concord and livermore this morning, 46 in san jose, as you can see there with the overcast conditions, we'll take you over to the golden gate bridge, where you got the fog and 52 degrees and another stop for you we'll be looking at places like concord and livermore, there you see less than a half mile visibility also into oakland we're seeing the visibility at times reduced, not too bad in the south bay. another foggy start to the day, and we're going to have to watch

morgan stanley with flaws. i think the stock should have been up today, not down. there was so much negative press from people who don't understand morgan stanley. johnson and johnson seems to have lost a step after a strong beginning. it's fine if you don't own it. nothing to worry about. this decline was nasty. i am losing faith in the accompany. oh and speaking of losing faith, we got a strong number from ibm tonight. hey guys i mean for whom the bell tolls. boy, that was tough to figure. more important, next flix shocked many with-- netflix shocked many with a 72% earnings. here's advice. let me give this advice to the people betting on netflix. if you're short this stock, you're not playing with a full house of cards. if you can't pay back the money, remember, orange is indeed the new black. in the end, the gloom couldn't obscure the possibility. tomorrow will be another negative day according to the newspapers. i'm already crying about how bad things are. watch them focus on ibm. again, i'm going to go over that story with a fine tooth comb so i can come in and be negative about netflix tomorrow and join the crowd. the mood out there is still ugly

johnson. concerns going forward a strong dollar affecting them. morgan stanley which missed its numbers. shouldn't leave out danbury resources. some energy stocks are lower. that is big laggard for the s&p 500. we have winners cheesecake factory is new high. one is delta or american express. you're seeing the market under pressure. back to you. melissa: nicole, thank you very much. president obama is pulling out all stops to win bag the middle class starting with a shiny new proposal tonight. the state union plea will probably not be enough to erase six years of damage. since president obama took office, the average family for middle 20% fell almost $5,000 a year. their average net worth dropped more than $60,000. former senator scott brown and mary ann mash democratic strategist and brad blakeman, former advisor to president george w. bush. putting the numbers in percentage terms because it is easier to wrap your brain around they lost 11% of their earnings power, 28% of their net worth. no wonder americans especially in the middle feel worse since the president has been in office. brad

johnson speaking with enda kenny. we will have an interview with the morgan stanley ceo. that is coming up.ou are watching "in the loop." i'm betty liu. there is a look at our top company news this hour. shareholders of family dollar expect a takeover by dollar tree. dollar general made a larger offer. microsoft pushing into the future with the windows 10 operating system. a version of the system is called windows holographic and includes special glasses that allows the user to see holograms. nasa will use the holographic elegy for mars exploration -- technology for mars exploration. tootsie roll may go up for sale. shares rose 7% after the death of the ceo yesterday. he was 95 years old. his widow will become the new ceo but she is 82 years old. tootsie roll may be up for sale. mario draghi will be speaking at any moment. they decided to keep interest rates unchanged at record lows. mario draghi said he will be announcing further also measures -- further policy measures. i'm joined by olivia sterns p review been following this all morning long. a bit of a striptease. they said they would k

& johnson said it will pay the company up to $835 million for the option to license three drug testing targetsing autoimmune diseases in the bowel. j & j fell a fraction to 103.79. >>> morgan stanley fired an employee for stealing data from up to 10% of its wealth management clients, about 350,000 people. so far the bank says there's no evidence of economic loss but account names and numbers were briefly posted online. at least information didn't include social security numbers or passwords. shares of morgan stanley off about 3% today to 37.50. investors got a chance to react to news that holly frontier will take a huge inventory charge. the oil refiner said it would book a pretax charge up to $400 million for the fiscal 2014 year because of the fourth quarter drop in crude oil prices. the stock down more than 4%. it finished at 36.78. >>> 2014 was a record breaking year for money heading into vanyard group. the biggest provider of index tracking mutual funds. according to "the wall street journal," $216 billion poured into vanguard's so-called passive investments, those are the ones that mimic indexes and other stock benchmarks but they just charge a fraction of what a typical mu

road map this morning starts with morgan stanley suffering the same fate as breaththren. we'll break down results for you. johnson johnson posts mixed quarter. hurt by what else strong dollar. and around the rest of the world, imf cutting its outlook. china posting its slowest growth since 1990. and qe that is certainly on the docket, isn't it for europe this week. >>> let's start with morgan stanley. it's the latest financial firm to miss on quarterly results, at least according to what the analyst whose follow the company had expected. in this case hurt by what appears to have been weaker trading revenue out of its fixed income unit excludeing items profit at 39 cents a share. revenue excludeing accounting adjustments fell more than 8%. bank of america is added to goldman sachs' conviction buy list firm sees upside after the stock's recent underperformance. becky quick, by the way, will have an interview with brian moynihan, live with becky from davos, switzerland later on the program. let's talk morgan stanley, jim. welcome back from the long weekend, by the way. >> yeah. >> we focus on this firm in part, it i