oil rebounded on new lows, after a minister said the cartel was cutting back on production. 49 people are dead after a riot in mexico. happening a day before pope francis is set to visit for the first time. adam raney reports. >> reporter: the fire and riot began after midnight thursday. dozens were killed before authorities took back control. it is the largest prison in the northern state, and it's known for being overcrowded. rescue workers evacuated victims, some with burns. the government spoke to the press. >> we ruled out that there were gaol breaks or escape attempts. a security perimeter was set up around the prisons. >> family members gathered outside the prison. several hours after authorities took control, family members

we are finding the obstructionism reaching a new low. they are ignoring the clear wording of our constitution which they have sworn to uphold and defend. that is the reality. the reality that will not be lost on the american people. >> it is my privilege to say a few words honoring antonin scalia a. and a man whose intellect and wit has served our country for decades. i'm glad others have said appropriate words honoring his memory. and the many ways he has helped strengthen our constitutional self-government and our democracy. as we know, the constitution gives the senate an equal role in deciding who is to serve on the supreme court of the united states. president obama called me saying he intends to exercise his constitutional authority. and i recognize his right to make that nomination. since 1932 has the united states senate and a presidential election year confirmed a supreme court nominee to a vacancy that arose in that presidential election year. it is necessary to go even further back. i believe it was grover cleveland in 1888 to

reach a new low. it's really stunning the back and forth today that we've seen between trump and rubio. it is unpresidential doesn't even begin to describe it, but, look is you've got to give the trump campaign credit here. this christie endorsement, timing and symbolism are big with endorsements. a lot of times they are overrated but the timing of it was brilliant. you have to say that. it shows you that this is a very sophisticated campaign that trump had. had this in his big of tricks ready to go when he needed it and the symbolism. he's -- chris christie is a card-carrying member of the republican establishment. if you believe there's five stages of grief going on, lester, the fifth stage is acceptance with republicans. christie is a big acceptor. >> republicans sulking out the headlines but lest we forget democrat voters in the south carolina primary tomorrow. what do we look for there? >> well, it should be a big win for hillary clinton. if it's not, it shows you that there is life in sanders' c

down to a new low. >> yep. anything in the cloud. anything in the cloud. was getting slammed. and now it's spilled over into a whole bunch he have others on the tech side. >> so josh spencer says don't panic, don't run for the hills. >> he's right as far as the time to exit stocks, hindsight being 2020 a week ago. i think linkedin, he's right. i think workday, he's right. crm, he's going to be right. but you've got to have some protection when you're buying these. that's why i do it with options and/or i snug a put up under stock if we own it. >> last and quick point. >> very volatile names. the market now with utilities and gold being favored. the mark is telling you it's not time to step in and acquire those. >> to your point, buying puts to hedge against his entire netflix position. you see that news? >> yeah. and that's a huge deal. and netflix, of course, one of the stocks down at 82 bucks, judge, after coming off 130. that's a $50 selloff you haven't had to weather. other than the last time mark got in. >

reach a new low. it's really stunning the back and forth today that we've seen between trump and rubio. it is unpresidential doesn't even begin to describe it, but, look the fact of the matter is you've got to give the trump campaign credit here. this christie endorsement, timing and symbolism are big with endorsements. a lot of times they are overrated but the timing of it was brilliant. you have to say that. it shows you that this is a very sophisticated campaign that trump had. had this in his big of tricks ready to go when he needed it and the symbolism. he's -- chris christie is a card-carrying member of the republican if you believe there's five stages of grief going on, lester, the fifth stage is acceptance with republicans. christie is a big acceptor. >> republicans sulking out the headlines but lest we forget democrat voters in the tomorrow. what do we look for there? >> well, it should be a big win for hillary clinton. if it's not, it shows you that there is life in sanders' campaign. sander

we are finding the obstructionism reaching a new low. they are ignoring the clear wording of our constitution which they have sworn to uphold and defend. that is the reality. the reality that will not be lost on the american people. >> it is my privilege to say a few words honoring antonin scalia a. and a man whose intellect and wit has served our country for decades. i'm glad others have said appropriate words honoring his memory. and the many ways he has helped strengthen our constitutional self-government and our democracy. as we know, the constitution gives the senate an equal role in deciding who is to serve on the supreme court of the united states. president obama called me saying he intends to exercise his constitutional authority. and i recognize his right to make that nomination. since 1932 has the united states senate and a presidential election year confirmed a supreme court nominee to a vacancy that arose in that presidential election year. it is necessary to go even further back. i believe it was grover cleveland in 1888 to

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the s&p making both the new closing low and a new interday low. finishing at levels not seen since april of 2014. so, new lows, now what? guy? >> as it turns out, the headline comes out just as it's making new lows, gets the market up 25 handles before we close at 1829. now what is this? i wouldn't save tomorrow's move. it's either going to be sub-1800 or north of 1850. i wouldn't fade either one of them, because people will chase into what will be a long weekend. i still think the bond market is trying to tell you something. i think the headlines in oil were gazy, for lack of a better word. tomorrow is not a day to fade. >> not real. >> thank you. >> here's the deal. listen, i said earlier in the week, i really do think we're in a market that it's one step forward, two steps back. it felt kind of bad, the lows today. it was fairly orderly. you get the short covering rally when there's news out of opec. i'm of the camp that if we get a supply cut, and that's good for oil, i don't think it's particularly great for the economy or our markets right n

a fast food giant is testing out some new, low calorie breakfast items... but should they be on the menu permanently? a new spa is serving beer... but not in the way you'd expect... how its brewing up business, next. "you're going to soak in a proprietary blend of it' s taste soold, yet somooth, itould onlbe calle black lk, fromolgers. a ste you uld enjo frh brewedor one cuat a tim blk silk, om folge. the nation's first beer spa has opened its doors in oregon.. and business is already booming. "hop in the spa" offers a variety of brew baths... designed to cure whatever ails you. "it's great for insomnia, relaxation." "i used it and my pains went away and i slept great." will not get drunk soaking in beer... but insist the treatments will make you "hop- timistic." adlib 4shot frank marzullo joining us now with a look at your forecast expect a few flurries this otherwise cloudy and cold a high today 36. our warm-up for the weekend will be really nice on saturday 50 and by sunday low 60s with a high of 62. it will be breezy on sunday afternoon as rain chances i

a look at business news making headlines this morning. how low oil that feeling. you know the one. that "grand-slam, aced-the-presentation" feeling. multiply that feeling. it's the deal of all deals. a moment worthy of celebration. now multiply that. you're everyone's hero in the championship of all championships it's that feeling. multiplied. introducing the new multiplier scratch-offs. yea, that feeling 3 3 3 it's 5:xx. let's take a look at business headlines. mixed results on wall street to start off the week. the dow was down 17 points yesterday to end trading at 16-thousand 449. the nasdaq was up six points ending at 46-20. 3 3 now let's take a look at today's business headlines across the web. the war for control over yahoo appears to have claimed its first victims -- yahoo's staff. embattled ceo marissa mayer is expected to announce layoffs of 15 percent of yahoo's workforce, according to the wall street the news when the company reports its quarterly finances today. goldman sachs thinks crude oil's late january surge back above $34 a barrel was a mere head fake. the elite w

at new lows, citigroup, all the big money center banks at 52 week lows including the regionals like 5th, 3rd and state street. chesapeake energy went to $1.50, halted several times. the company halted the stock for news pending, came out and said they were not considering bankruptcy. halted several times on the way up. it was halted a few momented es. it just reopened. they get halted at 5% trading bands and the volatility is high today. that's been halted several times. the consumer names have been unusually weak as well. you can't say this is just an energy story in the last few days. i put up names like nike. nike was $62 on wednesday. you can talk about exposure to china, but now 12% in three or four days. that's pretty noticeable. starbucks and under armour weak on friday and weak again today. bear markets, people asking about it, we got some. the russell 2000 is 25% off, 52 week highs, historic highs. transports, 25% off. banks, that's the kbe, down 25%. and materials in the s&p 500 23% to the downside. the vix at 26 now. that's very interesting. you would think the vix would b

i believe it is a new low, negative 506. francine: it is a new low. we've had a reversal. lowest since, the 2014. there's a little bit of market angst. they are trying to figure out the next move for central banks. we also had the anglo american ceo, saying we can't rely on a reversal of this price slump anytime soon. 2016predicting a tougher for commodities. earnings aren't great. that is your data check. tom: there it is. well, thes as peripheral spreads in europe are wider this morning. will join usroso in the next hour. let's look at the bank index. just very quickly, down we go. here's your 21% bear market. i had a cup of coffee this weekend with two stars from berkeley and jpmorgan. they make like $20,000 a year. these kids are out of smart schools. they bring them in and they are entry-level. they are not going to lose their jobs because they are lower paid. they were talking about the overall slowdown in banking. vonnie: this includes all the banks from j.p. morgan chase, a great story on bloomberg about currency traders and how their jobs are gone. tom: there's th

this is a new low. since the senate judiciary committee started holding hearings on supreme court nominees a century ago, the senate of the united states of america has never -- never -- denied a hearing to pending supreme court nominees. it has never happened. but that's what senate republicans are saying that they will do. this level of obstruction, of ignoring the clear language of the constitution is unpreceden unprecedented, and it is dangerous. this goes beyond any single vote for any supreme court nominee. this is an abdication of the senate's responsibility under article 2, section 2, of the constitution to provide advice and consent on supreme court nominations, which the president shall appoint, shall nominate. senate republicans want to keep the supreme court vacant for more than one year. they want this vacancy to continue for more than one year. that will encompass two terms of the supreme court. this is demeaning to the institution of the supreme court, unfair to millions of americans who

is this a new low for reality tv? tz hard to watch. >> february 3rd, 2016, this is entertainment tonight. >> the o.j. mini series finally hits t5.1 million total viewers deliverin the highest series premier s2002. >> people were tweeting like crazy. >> can retrust what we saw. >> we talked to the man who played o.j. the two of them watching the series wasemotional. >> it's killing me all over again. the way everything went so wrong. >> he got away with beating her. he's not going to get away killing her. >> watching it it happen again is pain >> even 20 years later? >> ohyeah. >> hay that hit that right on the head. >> there were inaccuracieinaccu. even with a documentary, and this is not a documentary, there's going to be inaccura inaccuracies. >> in every scene, he is smoking. is that true? >> yes. >> former prosecutor has since quit smoking and we wondered about -- >> who? >> jeff clark clueless about the famous defendant. >> i have no idea who you're talking about. >> marcia, oj, the >> i never followed sports. >>

. >>> a new low for the chicago police department. that's what the attorney for the family of 19-year-old quintonio greer about the lawsuit. the officer who shot that teen robert realmo, claims he was traumatized by the shooting and asking for more than $10 million from legreer's estate. >>> divers will resume a search off the southern california coast for wreckage from two small planes that collided last week. authorities say the remains of two victims and parts of one plane recovered sunday below the ocean surface. radar showed the two planes collided in mid air. >>> winter storm warnings today for the east coast. happy winter. let's bring in pedram javaheri. >> good morning. getting ready for another winter storm as far as new jersey. the bulk of the energy is confined to cape cod. this is easy to pick out. we think the trough is beginning to move the forth system along. the snow amounts up to cape cod and plymouth and massachusetts. here is the best estimate with the heavy snowfall around the cape cod region. 8 to 12 inches possib

. >>> a couple of on the high roller ferris wheel in las vegas hit in a new low. a new york city woman and tax tax man had sex during a ride. surveillance cameras captured the act. so did other riders doing the deed. >>> tgit kicks off with a special episode of gray's anatomy. scandal at 9:00. followed by with how to get away with murder. don't even think about it. cough if you can hear me. i took mucinex dm for my phlegmy cough. yeah...but what about mike? it works on his cough too. cough! it works on his cough too. mucinex dm relieves wet and dry coughs for 12 hours. let's end this. "could you double check "scothe envelope?"wins." "best actress, 1984." "and i can't deny the fact that you like me." "life is like a box of chocolates." "you never know what you're gonna get." "we're gonna need a bigger boat." "xfinity x1 lets you access the greatest library of oscar moments, simply by using your voice. live oscar sunday, february 28th on abc." workers say they are prepared to strike for the first time in 23 years. union officials argue that the proposed hikes in heal

, there's a new low that's going to strengthen south of long island, very close to the south shore of long island so maybe we do better here with snowfall amounts and some of this could actually happen after sunrise tomorrow. here's your accuweather forecast, snow early tomorrow and then sunshine, a flurry on thursday, not reaching freezing, very cold at night, same idea on friday, and then the real cold air comes in over the weekend. an arctic blast where we are 20 degrees below normal and if you look at that low, 3 degrees, the record low is two set back in 1916, i may not be low enough for that. our new numbers would suggest that we are actually sub zero on saturday night. so dangerous chill, keep that you have to do in this type of cold. make sure you take precautions so the pipes don't freeze, running water going on, very cold. check all the heating units as we head into the weekend. >> tomorrow will be the fourth day for many parents who have to deal with their child being impacted by school, early dismissal, late whatever. >> it happened this morning with so little snow. even l

well, coming up on cleveland 19 news -- we may all be happy when we pull in for a fill-up, but the low oil prices have had a bad effect on recycling. >> laura: and the grammys >>> so the gas prices at the pump, well they are continuing to fall. it has many americans jumping for joy. but, some industries are getting hit pretty hard. >> "q": that's right. one of them is the recycling business. some companies are no longer going green. >> reporter: low oil prices have led to big savings at the gas pump. >> i'm thrilled. >> it's nice when i can fill up for under $20 bucks. >> reporter: but what's good news for millions of american drivers is bad news for recycling centers. >> all recycling is impacted by low energy costs. plastic in particular, because, of course, plastic is made from oil. >> reporter: and with oil prices so low, plastic makers are finding it cheaper to make new >> we have to sell it for less. >> reporter: the general manager of simms municipal recycling in brooklyn new york, which handles 18,000 tons of recyclables a month, says it's harder to find plastic buyers now espe

. >> oil prices did to new lows thursday but rebounded above the wall street journal reported there may be some production cuts by opepec to help ease crude oil driving gas prices down. >> ford is launching the all sdpoong vehicles. the auto maker says there are no plans to eliminate any current models. at&t is ready to test 5g service by the end of this year. the news coming following a similar announcement. the fifth generation wireless means customers will have speeds that are 10 to 100 times faster than today's average 4g lte connection. >> still to come at noon, one man' reaction to winning big bucks caught on surveillance camera. >> coming up at 5:00, another can adopt this tiny pup. >> a man down on his luck has one million reasons to smile. >> the moment he realized his life had just changed. >> that's where you see the video cutting everyone else in line, did this just happen? >> the pizza delivery driver scratched the ticket to found he won a million bucks. he hugged everyone inside and wiping away tears. he was moving out of his apartment because he didn't have enough money t

that will be the new low temperature. it stays windy. next wintry blast. >>> now your news 13 skywatch weather. >> jason: well we have plenty of and now it's a waiting game. we're kind of seeing some models. there might be a little snow in the high country here this evening and overnight. you can see it in our leicester network. we're over the black mountains in yancey county. watch the cloud base kind of lower here in the last two frames indicating some of the moisture is trying to work down to the surface. there could be snow later this evening. don't be surprised in yancey and madison county. north wind at 20. 32 degrees for the wind chill. these wind chills will get much colder tonight. wind chills below 30 degrees. watch them keep dropping and dropping. already teens feels like temps. you're looking for temperatures that continue to fall off, too. these are the wind chills. digits and low teens in the high country. around 14 when you wake up in the morning in asheville. and not much improvement. 28 to 30 degrees for the wind chill. a

manufacturing and services cell to new lows -- feel to new -- fell to new lows. corporate story. shares falling after it cut its dividend. it made a larger than expected cut to its dividends. to do is protect its balance sheet and credit rating from the slump in commodity prices. first-half profit -- the dividend was cut to 16 cents f rom 62 cents. statementarning in a that weaker prices and higher volatility across commodity markets are likely to persist and longer than the company had expected, printed it -- prompting it to shake up top management. intercontinental hotels which owns the crowne plaza shrres ares up by 3.7%. billion to return $1.5 to shareholders in the form of a special dividend. the special dividend will be paid in the second quarter. it also announced a 10% increase in the final dividend to 85 ce nts a share. it set operating profit last year 4%. sterling was the big story yesterday. it fell against all 31 of its major peers. the standout move was that 1.8% drop against the u.s. dollar, the biggest since may, 6, 2010, when it was also hit by political turmoil.

after briefly dipping to some new lows yesterday. price dropped blow 27 but recovered after the wall street journal report possibile production cuts. cuts organization of the petrova experting countries would help ease the global gluft crude oil. that has crushed commodity in recent months and sent u.s. gas prices on downward spiral. >> mortgage rates fell again this week. from 3.72 to 3.65%. that's lowest level in about ten months. despite fed times faster than today's average four glte connection. did could you get all of that. i did. i don't know. >>er is take place fixed location in texas. it is going faster bigger and and. i can't keep up with. i can't keep up it. >> we are going . will faster but like this is 100 times faster. seems fact you have no idea. temperature 42 degrees for high temperature today that was in afternoon and then we fell back and 30s. 26 low this morning we didn't pick up any rain or snow so efficiently in asheville we still have about 5, 7 for year snow lingers mounttin but daengs gerrously cold what we a

i don't know whether that is a new low. jo: that is a new all-time low.rnings report after the bell yesterday in user growth was completely flat. that means they stay the same as the last three months. at 320 million monthly of people using twitter. what we learn here as they are also providing not a great outlook for what is going to happen this quarter in terms of making money and ad revenue. ceo jack doris e. on the call last night telling all of us, we are reverting back to higher user growth for the current quarter at the end of january. kept repeating that. he has now been in place since last summer and the stock has just tanked. stuart: the chart looks awful. how about xanga. we are putting it on death watch. $1.80. on death watch of all, tell us all about it in the grim reaper there. don't you think. new all-time low. despite the fact they've done well with two games, words with friends. the truth of the matter is there leading for users. the monthly active users fell 30% to $68 million. 10 new games in 2016, but i'm not sure that will help. i wou

nearly $2 million bet that the high yield market could fall to new lows.he action with mike. >> the high yield etf is where we saw the activity. more than four times the daily put volume. five to one over calls. big roles as people sold out of the february puts and put the march puts. 40,000 traded just around 45 cents. bearish bets obviously that hyg could fall to lows we haven't seen since early 2009. >> thanks for that mike in austin. check out the full show at 5:30 p.m. eastern time on friday. coming up on "mad money." time to dig for profits in agricultural equipment maker agco. cramer is talking to the ceo. plus an in depth look at f.a.n.g. and the transformation in tech stops on "mad money" at the top of the hour. up next, the final trade. clierz . >> announcer: final trade is sponsored by interactive brokers. >> let's take a check on disney. the stock is down 3.6%. it would avert a 52-week low, i believe, at this level. still it will be worth watching tomorrow. be sure to tune in to squawk on the street tomorrow for janet yellen's testimony. meanti

also hitting a new low. seeing losses mostly on their publishing side.he losses over at match in addition to their dating cites. they also have tudoring cites and that's where they saw losses. interesting story in the new york post that barry diller and interactive corp. may make another run at angie's list. they're looking to do more acquisition. finally take a look at some of the stocks today that are defying the plunge. one of them being autodesk and giving a lift to cloud players. auto desk does design software and compete with adobe. they say that they are going to restructure. they are actually going to be cutting 10% of jobs. very similar to what we heard from yahoo! but the street seems to be much more interested in what they have to say. they say they're going to transition over to the cloud and as you can see the cloud players for the most part today trading to the upside. back to you. >> thanks so much. bertha at the nasdaq. how do you play these names? joining us now price portfolio manager ken allen. he runs the firm science and tech fund. i

. >> reach out to the star in the middle of the bar is this a new low for reality tv? it's hard to watch. >> now for february 3, 2016, this is entertainment tonight. after months of hype, the oj mini series hits tv and a over 5.1 million total viewers premier since the shield in 2002. >> people were tweeting like crazy during the broadcast. fact checkers into overdrive. >> can we trust what we saw? to find out we talked to the who played oj, cuba gooding jr marcia clark. and for the two of them, watching it was emotional. >> it is killing me all over again, the way that everything went so wrong. he is not going to get way killing her. >> everything got so far out of control. anyway, watching it happen again on television is enormously painful. >> even 20 years later? >> yeah. >> is death penalty on the table? >> i say everything is on the table. >> i'm sure there are things that are very true and some things that aren't. what are some of the things? that oh, they hit that right on the head? or not so much. >> there were, of course, inaccuraci even wiih a documentary, a

it lost more than three bucks or 4% today. [ booing ] >> it hit a new low of 86. now in heck is that possible. how can a stock like clorox with meager growth sell 26 times earn ings while disney sells less than the average stock in the s&p 500. how does hormel, the maker of spam, trade literally at twice the price to earn ings multiple of this amazing company. the answer on wall street is simple. much of disney's growth comes from espn. though ieger tells us 95% of americans with a bundle watch sports with 81% of those viewers watching espn which engages more than 200 million adults across its platforms. the fact the espn doesn't have as many people watching over cable as it used to. that's all the analysts care about. just listen to the questions in the conference call after the presentation to see how laser focused the wolf pack analyst community is on this one issue. almost nothing else mattered. not the theme parks, the "star wars" down the park. not pirates. it got so bad that a respected analyst on the call asked eiger maybe it would be better to split the c

new set of regulations making coal fired power plants more efficient. the aim is to reduce greenhouse gas emissions, coal fire power generation is low cost, compared to natural gas, but it produces high levels of emissions. now, the proposals include requiring new plants to achieve power generation efficiency of 42% or more. currently, only a third of existing plants have achieved the goal. the new regulation would force the new plants to adopt the technologies to lower greenhouse gas emissions. the plan would also effect existing plants. it would obligate them to make efforts to raise their efficiency. ministry officials will get feedback from a wide range of fields and hope to adopt the new regulations in april when electricity retailing is fully deregulated. >>> japanese people have felt years in the mind set caused by falling prices and wages. but one c.e.o. believes that may be changing as they're willing to spend for quality goods. gene has this report. >> it looks like a regular campsite. but this tent is actually pitched on the grounds of a unique company in central japan. the firm encourages its staff to spend time here for rnd, and also, recreation