example, doesn't, you know where they are on a map multilayer you asked the person from west texas, or are you willing to risk nuclear war from montenegro, the 1st thing that rancher is going to ask you is where is montenegrin? so if these kinds of situations keep cropping up, the biggest partner, the biggest power, demanding the 2 percent of gdp that could go in social programs in europe. the biggest by the u. s, saying it's membership of nato would be in question. i think you're looking at an alliance. it's looking for a purpose and it's been looking for a purpose ever since the cold war ended. that purpose as articulated by colin powell and george h. w bush and edvard chavo, nazi and mchale. gorbachev in a, in a certain way, was eventual welcoming of russia not only geographically, because geographically it's there into europe and even in to nato membership. first with a political alliance and then the military lives that want to strike in 1994. and later years when we started doing this wild abandon the expansion of the lives. but that is no way condones and invasion into essent

example, doesn't you know where they are on a map multilateral you asked the person from west texas, or are you willing to risk nuclear war for montenegro, the 1st thing that rancher is going to ask you is where is montenegrin? so if these kinds of situations keep coughing up, the biggest partner, the biggest power, demanding the 2 percent of gdp that could go in social programs in europe. the biggest by the usa, it's membership of nato would be in question. i think you're looking at an alliance . it's looking for a purpose and it's been looking for a purpose ever since the cold war ended. that purpose as articulated by colin powell and george h. w bush and edvard chavez, nancy and mccallum. gorbachev in a certain way was eventual welcoming of russia not only geographically because geographically it's there into europe and even into nato membership 1st with a political alliance. and then the military allies that want to strike in 1994 and later years when we started doing this while the band and expansion of the lives. but that in no way can don's an invasion into essentially a neutr

young teenager who was behind the wheel of a pickup truck in wex west texas this week. the truck veered into oncoming traffic. >> and hit a van head on. now. 9 people are dead driving the pickup truck. a 13 year-old and this recent tragedy is shining a spotlight on the issue of young kids breaking the law and getting behind the wheel. reporter markie martin has reaction from experts. they say under age driving. >> has become a growing problem in the u.s.. >> a 13 year-old child was behind the wheel of a pickup truck. it's the devastating update out of west texas, a young boy behind the wheel of the pickup truck that collided with the university of the southwest gulf teen killing 9 people. but in rural communities similar to where the crash happened. it's not uncommon for children younger than 16 to drive. we see it all the time, especially in the rural places. but even in the metro area's trooper eric foster is with oklahoma highway patrol. >> he's worked city and country roads there for 10 years. i would estimate by looking at numbers, i would estimate that we see prob

that is the highest level for west texas since 2014. now, bond yields are sliding and big time the ten-year yield falling fast and hard, taking bank stocks done with it remember we were at 2% just a couple of days ago now we are down .3 at 1.69 market reporters tracking the moves. pisani at the nyse santelli at the cme and pippa stevens is at the commodity desk bob, we start with you >> we're still sitting at the low os f the day and the only one who's happy if you're long is if you own commodities. metal stocks have been rallying, hitting new highs including companies like freeport. whole parts are at new 52-week highs. devin energy tech is down, but holding its own. the real problem is in the financial sector now, we had been talking about the problems with the banks new lows, j.pmorgan, citi, and many of the regional banks, but we're also seeing declines in other part of the financial sector to give you an idea of how heavy the trading is, let me show you heavy volume etfs. it is very rare when the most traded on a percentage bases y

the vehicles collided head on yoefrp night in west texas as the team was returning home to the universitysouthwest in new mexico. two members of the golf team survived. investigators say the pickup truck crossed the line, center line, causing that fiery crash. >>>. raiders are releasing carl nas ub, the first openly gay player to play in the enfell. he had four sacks and one interception. >>> up next ready to dance when it comes to cybersecurity, the biggest threats don't always strike the biggest targets. so help safeguard your small business with comcast business securityedge™. it's advanced security that continuously scans for threats and helps protect every connected device. on the largest, fastest, reliable network with speeds up to 10 gigs to the most small businesses. so you can be ready for what's next. get started with internet and voice for $64.99 a month. and ask how to add securityedge™. or, ask how to get up to an $800 prepaid card. . >>> another day, another a's star is traded. today it was matt chapman being traded to the blue jays for 2004 top prospects. he is arguably the

that is the highest level for west texas since 2014.iding and big time the ten-year yield falling fast and hard

of other inflation numbers are rolling over and the last thing i'll say on this is 2011 to 2014, west texas intermediate comfortably hung out between $100 a barrel and the economy expanded i'm with tom lee and economic expansion and i really don't think we'll go back to those lows. >> josh, are we ripping in the face of all of that news about rates and how aggressive we think the fed will be or are we simply oversold? we simply have short covering and at some point it will run out of steam when reality smacks us in the face >> we were massively oversold in the short term and i'm not using oversold the way a lot of people use it on tv as a descriptive adjective. it's actually a statistic when you look at relative strength we were statistically oversold on any time frame, any way you want to view that metric and so the balance itself isn't shocking and i do think to the degree to which we bounced and it's a vertical line straight up is what is surprising and that is what's continuing today and again, for most investors, that's great however, there are two world ahead of us and if you tell me

. >>> tonight in west texas, the search for answers after the deadly collision of a van carrying membersa college golf team and a pickup truck morgan chesky is there. >> reporter: tonight it's the mangled wreckage breaking hearts, from the collision killing nine, including seven members of a college golf team. >> it's a very tragic scene. very, very tragic. >> reporter: the accident happened around 8:00 p.m. tuesday. authorities say a team van for the university of the southwest was headed home from a texas tournament when a pickup truck veered into their lane, seconds before impact. >> i've got wrecked vehicles on both sides of the highway, fully involved vehicles. i'm still trying to get up on scene and see what we have. >> reporter: authorities say that head-on collision grew worse when flames engulfed both vehicles burn scars now line the side of the road where bystanders tried desperately to save those trapped inside crews there lifted two students more than 100 miles to hospitals in lubbock where they remain in critical condition. but for six student athletes, their coach, and two

the team is returning from, or they were returning from a tournament in west texas. >> that is so sad. today marks one year since the shooting rampage at an atlanta spa. six of the victims were asian-american women. we have a live look in san francisco. one of eight cities across the country that will host rallies calling for justice for asian women. the event gets underway at 3:00 the at the asian art museum. last year the spa shooter pleaded guilty to killing four victims in a deal that took away the death penalty. >>> less than 30 minutes, the federal reserve is expected to start raising interest rates. it is part of a high priority effort to tame inflation that's running at a 40-year high. tom costello has more on the emergency hikes and the impact it is expected to have on your bottom line. >> before you pull out that credit card today, beware. if you don't pay it off in full, your interest rate is probably about to jump. the federal reserve, the nation's central bank, is expected to raise rates by a quarter points today as it tries to throw cold water on runaway inflation. >> ev

it happened in west texas on tuesday night. investigators say the pickup swerved into oncoming traffic and hit the van head on. six members of that golf team and their coach died. so did both people in the pickup truck. two people from the van are in critical condition. people in both vehicles were not wearing seat belts. >> today the white house announced a change in its covid leadership team and a former bay area doctor is in charge. dr. ashish jha will take over next month. he's currently the dean of brown university school of public health. he trained as a resident in internal medicine at ucsf. he replaces jeff zient who led the pandemic response team for president biden. >>> plans to use money from president biden's american rescue plan to improve air quality in schools. the pandemic has shined a spotlight on this issue. that's why many schools leave their windows open. using portable air cleaners in areas with poor air flow. long-term investigating upgrading heating or hvac systems and installing insulation. >>> most cali

thanks for being with us fry francis rivera >> and i'm vinita nair we begin with breaking news in west texas the department of safety confirmed a head-on collision between a pickup truck and a van. the van was carrying members of the university southwest men and women's golf teams a spokesperson for the dps said there were fatalities in both vehicles which caught fire but they're unsure how many people have died. coach tyler james was among those killed in the crash. we'll have much more on this breaking news story throughout the morning. >>> russia's attack on ukraine growing more intense now 21 days into the invasion. the kremlin's forces increasing bombing on the capital of kyiv which is now under extended curfew and 27 people were evacuated and at least two were injured after shelling caused an apartment building to collapse this morning. we turn to nbc's molly hunter who's live in lviv, and, molly, despite the dangers of traveling to kyiv three european prime ministers made the trip to visit with prime minister zelenskyy. >> reporter: yeah, it was an incredibly brave meeting to take the

. >> reporter: a horrific head-on crash in west texas. nine dead including six members of a college golf team and their coach who was driving the passenger van heading home from a competition to the university of the southwest in hobbs, new mexico. two teammates are in critical condition. the driver and passenger in a pickup truck, authorities say crossed the line into the path of the van, also died. >> it's a very tragic scene. very, very tragic. >> reporter: this is the spot where it happened,a long a two-way highway with no lighting. the golfers were about 60 miles from their university. tyler james was head coach of the men and women's golf teams at the university. freshman laci stone also among the dead. today ktvt spoke to her grandmother, carol patterson, by phone. >> we are glad that she was doing what she loved, but her loss is going to leave a hole in our hearts. >> reporter: the university in a statement said the usw campus community is shocked and saddened. flowers and tributes arriving at the golf course and a community devas

let's go to west texas intermediate, which closed below $97 in the u.s. $96 and even met $95 in the asian session, but it is right now at about $96 and change. we saw brent go below $100. traders are seeing a couple of things. the fundamentals, they see a going back to the 200 day moving average. we have seen that iran nuclear talks resume, the intensifying lockdowns and china raising a consumption question, a demand westin. -- question. traders say there have been a lot of noise, we have seen rising and falling. in the tuesday session, we had putin, effectively making it more expensive to trade, less players in the market that only adds to the volatility. bottlenecks couple of days. -- volatile next couple of days. shery: nickel is set to restart nickel trading. what are we expecting? su: this could be a session for the history books. a metals tycoon in china, the big shot. he said last week to pay massive market calls when it shot up 250% and a little more than 20 for hours. take a look at how big of a move that was. the lme made a controversial decisio

you see the futures and west texas intermediate down below $110 per barrel. now it is a question of global consumption. particularly china, the biggest consumer of energy products. every so often, a chart comes along and i want to talk about apple. just look at this chart. apple has its longest streak of gains since october of 2010. let that sink in for a moment. apple has cut production by 20% of -- because of winning demand. investors did not seem to mind. apple really leading the charge. amazon is not positive. despite that narrative about higher rates, tesla is up 8%. this will go for another stock split. the second in two years. this is one of the makers of remote work to like headsets and video cameras. investors will take us negatively. also, the payments up to 45%. >> i always love those history lessons. appreciated. this week we are in las vegas. thousands of retail mobile will talk about the future of retail. the agenda covering the latest tech and trends of apparel and electronics to beauty and groceries. kai-chen is at the conference and joins us

minutes of weightlessness above the earth's surface before the capsule parachute and lands in the west, texasert. not our 4 zone forecast. let's step outside to what we're looking at. we are looking at. a bridge with the clouds moving in. lawrence? yeah. looks nice out there to this evening is we've got some of those clouds rolling in in outside right now. >> a chance of rain will be a little bit later on something we haven't seen a whole lot of the season, but here we go. we finally got a cold front out there. it's running into that ridge of high pressure is going to start to fall apart a little bit. but i think holding together enough to bring us some rain across the bay area for tonight. so there you are. you can see the rain moving into far northern california right now. you see the yellows and the orange just off the coastline. for the most part, though, some heavier amounts of rain about the push on shore and all this is sliding south. so it could be making its way in the bay area. fact, you can see a couple raindrops not too far off the coastline north. they try to pick up on light spr

. >>> state and federal investigators are in west texas at the scene of a head-on collision that killed nine people. they're looking into why a truck crossed the center line slamming into a van carrying the men's and women's golf teams from the university of the southwest. abc's at there. >> reporter: the speed limit on this highway is 75, and it's a . the locals tell me that crashes happen pretty frequently. and as we can see, they are often vicious. >> authorities say two victims ages 38 and 13 were in the truck. the other seven victims from the college van ranged in age from 18 to 26. >>> a surprise development in the jussie smollett case. the actor recently sentenced to jail time for staging a hate crime just to get attention will now be released. this morning actor jussie smollett is a free man. >> jussie, how does it feel too be free? >> reporter: walking out of a jail last night flanked by security guards and his family. just one week ago he was sentenced to five months behind bars after being convicted of staging a hate crime for publicity. falsely reporting to police that he wa

west texas intermediate back to nearly $100 a barrel.n barrels last week. european markets have been falling, now we have gains in england and france 6789 however, however, the dax still lower. in asia overnight, green across the board with hang seng in hong kong gaining more than 7%. "mornings with maria" is live right now. time for the word on wall street, top investors watching your money. joining me now, strategic wealth partners president and ceo, mark tepper, anderson capital management chief investment officer, peter anderson, and macro trends advisors founding partner, mitch rochelle. peter, let me start with you. the federal reserve yesterday raising interest rates for the first time in three years to combat inflation we haven't seen in 40 years. the central bank signaling increases at each of the remaining policy meetings for the rest of this year, that's seven rate hikes, plus four more next year, that's the expectation. fed chair jay powell commenting on the war in ukraine and its potential impact on the u.s. economy. listen.

. >> reporter: tonight, horrific new details from a tragic collision on a west texas highway that's left nine dead and two injured. >> it is going to be a head-on collision, both vehicles fully engulfed at this time. >> reporter: authorities say tuesday night a pickup truck crossed the center line, ramming head-on into a van carrying members of the university of the southwest men's and women's golf teams. both vehicles erupting in flames, trapping several inside. >> they're unable to get close to the van at this time, it is too holt. >> reporter: the driver and passenger in the truck were killed, as were six students and the coach inside the van. two more students were rushed to the hospital by helicopter in is 75 and it's a fairly narrow two lanes. ppen pretty frequently and as we can see, that are often vicious. the golf teams were on their way back to new mexico hours after playing in a tournament tuesday. the university now cob firming the identities of the students killed, saying the campus community is shocked and saddened today. head golf coach tyler james was driving the van hit

. >> reporter: tonight, investigators unveiling the shocking cause of that west texas crash that killed nine people. the ntsb announcing a 13-year-old was behind the wheel ache center line. >> it appears, at this point in the investigation, that the left front tire, which was a spare tire, had failed, which resulted in the vehicle pulling hard to the left and crossing into the opposing lane. >> reporter: the truck slammed head-on into the passenger van of the university of the southwest men's and women's golf team. both vehicles catching fire, trapping several inside. >> it is going to be a head-on collision, both vehicles fully engulfed at this time. >> reporter: the 13-year-old and the 38-year-old passenger in thicp th killed. along with six usw students and their coach. a memorial now marking their home course as the campus mourns. >> we are a family of mustangs. we've run as one, we run together. when one of us is hurting, all of us are hurting. >> reporter: and david, two other students were taken to the hospital in critical condition on tuesday night. the university now says they

. >>> investigators in west texas say a 13-year-old boy was behind the wheel of a truck when it blew a tire, crossed the center line and slammed head-on into a van. both vehicles exploded into flames killing nine people. the van was carrying members of a college golf team. >>> a massive pileup on interstate 57 in southern missouri has left at least six people dead. the chain reaction crash involved dozens of cars and big rigs triggered by one driver hitting the brakes under foggy conditions. >>> health officials are warning of a possible surge in covid cases this spring. that's mostly due to a new subvariant of omicron spreading overseas. dr. anthony fauci says americans should be flexible if mask wearing rules return. >> what happens to us is we generally follow what goes on in the uk by about two to three weeks, so we better pay close attention to what's going on there. >> meanwhile, moderna has now followed pfizer in asking the fda to authorize a fourth shot of its covid vaccine. >>> all right. time now for a look at your friday weather. >>> good morning. we have to be careful of

. >>> nine people died in a car crash in west texas. the victims were all a part of new mexico's university of the southwest the golf team. a van carrying the team crashed head on into a pickup truck last night after the truck crossed the center divider. so far we know at least six students have died. >> the other vehicle involved in the crash was a ford f1 50, and, there are deceased in that vehicle, also. >> the university confirmed head coach tyler james was also killed in that crash. to other students are also in the hospital in critical condition. >>> a 7.3 magnitude earthquake rattling japan. that quake struck near the same area as that 9.0 fukushima earthquake back in 2011. this is what the shaking looked like inside another tokyo apartment. reports say the quake was so strong it was impossible to stand. officials have confirmed at least one person died, close to 70 others injured. take a look at these buildings in tokyo, swaying during the quake. at least 2 million people lost power, but that quake did not generate a damaging ts

. >> reporter: a horrific head-on crash in west texas-- nine dead, including six members of a collegeteam and their coach, who was driving the passenger van heading home from a competition to the university of the southwest in hobbs, new mexico. two teammates are in critical condition. the driver and passenger in a pickup truck authorities say crossed the line into the path of the van, also died. >> it's a very tragic scene. it's very, very tragic. >> reporter: this is the spot where it happened. it's along a two-way highway with no lighting. the golfers were about 60 miles from their university. tyler james was head coach of the men and women's golf teams at the university. freshman lacy stone also among the dead. today our affiliate ktvt spoke to her grandmother, carol patterson, by phone. >> we are glad that she was doing what she loved, but her loss is going to leave a hole in our hearts. >> reporter: the university in a statement said, "the u.s.w. campus community is shocked and saddened." tonight, flowers and tributes arriving at the golf course and a community devastated. >> ju

blasting off and landing in the west texas desert, there than homeoming day for clbaskllha peacocks peacocksto the elite eight. holloway oorks former players joined the coach for one last huddle celebrating his big move. well, congrats, coach. up next, immediate the medical researcher who's saving lives and making history. >> o'donnell: on this final day of women's history month, cbs's chief medical correspondent dr. jon lapook cut up with a medical researcher who has already made her own mark on history. >> reporter: dr. kizzzemekia corbett is celebrated for leading a team at the national institutes of health that helped developed the moderna vaccine against covid 19. it's women's history month and you've certainly made history regardless of gender. >> i haven't been able to bask in it, really. there's still so much work to be done, so much science to be done. that is hard to really akn. >> reporter: now 36, dr. corbett caught the research bug as a teenager when she worked in a lab at the university of north carolina chapel hill. when you were growing up, were there role models for you espe

now this as oil prices continue to store with west texas intermediate up over 11 percent more than a $106.00 per barrel on tuesday. while international benchmark, brent crude was nearly 10 percent to over $107.00 with both at their highest points in 2014. now, all the by an administration has stuck to releasing supply from the u. s. strategic reserve and opec plus continues to stand by his current plan. the international energy agency said on tuesday that it will release $60000000.00 barrels of oil from global reserve, saying in a statement that quote, global energy security is under threat. putting the world economy at risk during a fragile stage of the recovery. so joining us now to discuss all the way this is michelle snyder, partner and director of training research and education for the market gauge group . michelle, it's great to have you on the show today. now take us through the latest losses. what are the biggest concerns among investors when it comes to the crisis, the new crane and the latest sanctions against russia? and why are we seeing such a reaction in the markets ri

west texas intermediate is down 20% since closing at the high a week ago. that is a resurgence of virus cases in china. this is stemming the spread of the coronavirus in china and a number of businesses will stop production in shenzhen. they halted output at several factories. a year after a giant container ship got stuck in the suez canal, another evergreen ship has run aground in the chesapeake bay after leaving the port of baltimore. elon musk said cost were increasing on tesla vehicles. credit suisse says the price phrase will be between 3%-5%. this is bloomberg. ♪ >> a new package of sanctions, we have more than 600 russian people targeted and you would have a large part of the financial system being targeted, new plans on exportation and we will withdraw from the russian states the most within the wto. jonathan: that was the french minister of finance with futures down this morning from new york, good morning, down a quarter of 1% on the s&p. no real drama stateside this morning. there was a big move lower in chinese equities. the in frankfurt, german

the west texas intermediate crude features reached about $99.00 per barrel. prices have since ease but some experts say the rise may still persist. the last time both contracts rose about around, excuse me, above a $100.00 as a barrel was in 2014 during the whole crimea situation. so joining us now to kind of discuss, we have co boom bus christy i, christy, they so much for coming on, you know, given the ban on north stream to and large developments in rushes, oil and gas sector by foreign entities. what do you think we can expect to going forward? does this mean that russia will be more reliant on eastern bloc countries? specifically china? and do you think we'll see a massive spike in gas prices possibly higher than we're already seeing now? well, as of now, sanctions on russia are not targeting energy markets for fear of disrupting the very delicate oil and gas markets and causing a massive inflation spiral. so this is something that can change very quickly though, depending on if the officials are willing to escalate the situation. right now, the disconnection from swift announced

the west texas intermediate crude features reached above $99.00 per barrel. prices have since ease but some experts say the rise may still persist. the last time both contracts rose about around, excuse me, above a $100.00 as a barrel was in 2014 during the whole crimea situation. so joining us now to kind of discuss we have co host of boom bus christy i. christy, thanks so much for coming on. you know, given the ban on nordstrom to and large on investments in russia's oil and gas sector by foreign entities. what do you think we can expect to going forward? does this mean that russia will be more reliant on eastern bloc countries, specifically china? and do you think we'll see a massive spike in gas prices possibly higher than we're already seeing now? well, i will now sanctions on russia are not target energy markets for fear of disrupting very delicate oil and gas markets and causing a massive inflation spiral. so this is something that can change very quickly though, depending on if the officials are willing to escalate the situation. right now, the disconnection from swift announce

price per barrel for crude but i am more than 5% aid drop by nearly 7% in the price per barrel of west texasneral, the important point is that it provides some buffer time on detailed producers around the globe are able to increase their production in response to current market circumstances.— market circumstances. jonathan, lookinu market circumstances. jonathan, lookin: at market circumstances. jonathan, looking at europe _ market circumstances. jonathan, looking at europe now, _ market circumstances. jonathan, looking at europe now, russia i market circumstances. jonathan, - looking at europe now, russia saying that it wants those payments for its energy and rouble. europe saying this is black male, of course. but well some countries simply have no choice but to pay? it’s well some countries simply have no choice but to pay?— choice but to pay? it's really a strange step _ choice but to pay? it's really a strange step back _ choice but to pay? it's really a strange step back russia - choice but to pay? it's really a strange step back russia is i choice but to pay? it's really a - strange

barrel, price per barrel for crude by more than 5% aid drop by nearly 7% in the price per barrel of west texasmportant point is that it provides some buffer time on detailed producers around the globe are able to increase their production in response to current market circumstances. jonathan, looking at europe now, russia saying that it wants those payments for its energy and rouble. for its energy in rouble. europe saying this is blackmail, of course. but will some countries simply have no choice but to pay? it's really a strange step that russia is making here. to be frank, russia's situation would be helped in every way to have additional supplies of foreign currency, whether that be euros or dollars. now mr putin says that payments for natural gas, not yet for oil, but for natural gas need to be through rouble denominated accounts. and there is a very specific channel that the russians have indicated can be used in order to make this, frankly, not difficult at all, but it is a strange manoeuvre anyway because it doesn't really help the russians in any serious economic way at all. it only p

as you said, west texas intermediate crude, oil dropping below $100 per barrel as biden pledged to release from the reserves, but also pushing this. barclays is basically saying we've got to take a pause in the growth story of this chip stock, and there are some cyclical risks. as you know, there's a lot in the news cycle about semiconductors, looking at the philadelphia semiconductor index, stocks down 2.3%. a big part of the story is the action the u.s. is taking, sanctioning russia. emily: let's get an update on the war in ukraine a. president biden plans to release one million barrels of oil per day from u.s. reserves for six months to reduce u.s. dependence on foreign supply. emily wilkins on the hill joins us now with more details. talk to us about the president's plan and how much of an impact it will have on everyday americans. emily w.: we've seen president biden go to these oil reserves and release barrels before, trying to ease some of the pressure we are seeing with oil and gas prices, but this is bigger than anything we've seen a. this will be 180 million barrels when all is s

wti west texas intermediate, astonishing. i want to bring this back to ukraine and russia. that blue line. cybersecurity stocks. out performance, continuing to see gains on wednesday. this is clearly linked to what is happening in ukraine. investors betting that we will see gains in the sector going forward based on the tactics being used. a lot of corporate stories going on in north america. the big one, ford announcing it will split its company into two businesses. ev and legacy guest. the stock is up 8.4%. ford announcing on tuesday night they are holding -- halting operations in russia because of that country's action. apple up 2%. mark gurman telling us this could be the biggest year yet for new hardware out of yeah -- apple. apple halting sales in russia on tuesday. netflix says it is pausing future projects and acquisitions in russia due to the invasion in ukraine. that is reporting from a variety of sources. clearly this is still top of mind. emily: we're going to hear your interview with the ford ceo later this hour. the u.s. and allies stepping up pressure over th

west texas intermediate went to the highest level since 2014. the u.s. and other consuming nations may release 60 million barrels from the strategic reserve, equivalent to less than six days of russian output. shares of target are soaring. the discount retailer reported earnings that will continue to improve on the pandemic related boom that has led to strong gains. wall street expected operating profit in the year to decline. global news 24 hours a day, on-air, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. i'm ritika gupta. this is bloomberg. jonathan: live from new york city. one hour, 12 minutes away from the open to. the nasdaq down 5.6%. in the bond market, this is where you are seeing some big moves. 10s, down another nine basis points. 2's, 1.31. euro weakness. i keep coming back to the bank story. it is ugly out there for the banks. looking at the movers on the stoxx 600 bank index. socgen down another 7.6%. those losses through this week our building. tom: the movement here is important, so

. >> russia takes over a nuclear power plant in ukraine and west texas intermedia is up about 4% and u.s. economy created more jobs than expected in the month of february. nearly 700,000 new jobs were created but hour average earnings barely rose they said a strong picture of the economy is painted despite some of those challenges >> there is geo politica concern of the invasion of ukraine by russia. but the inflation is what has everybody's attention and today's labor report it's good news doesn't really change anything that chair powell was prepositioning the fed for the other day. >> jobs report, no real change to fed plans back to you. >>> new cyber attacks weighing on an already struggling supply chain. frank holland looking at the impact >> cyber attack temporarily shut down ex-expeditors there are near record rates and rapidly rising fuel costs. and this stopped operations for a week and cost more than $200 million. an attack could create an unprecedented backup >> we were offline for about a week it was difficult to respond to at that time there was excess capacity out there

and what do you need from the west texas is something that would change that dynamic for you when your people on the ground? >> well, i know that the west i already given a lot of help to ukraine, but for now i think that all this demand to close the ukrainian sky is very important. because on the land a battlefield, our forces are ver strong and that is five russian use their strong artillery is, their missiles to hit all the territory of ukraine. i'm not sure that we have enoug facilities to protect people from missiles. that is very important. to make as much is possible to help protect from the air. >> i think you should also know your journalist, a world-class athlete, a world-class runner. you are shining a very bright light on this horrifying pictures and sounds of war. thank you for coming on. best of luck to you when your people, sir. >> thank you. thank you very much. >> cluster bombs, vacuum bombs are being used in presidential areas in ukraine. you saw the pictures that sergi was just showing you. we will tell you about those next. news coverage on the boring ukraine. we ju

you have got to flag oil, not necessarily related to tech, but oil down sharply with west texas intermediate down per barrel, there is now a narrative around the question of global consumption, particularly china. biggest consumer of global energy products. every so often a chart comes along. i want to talk about apple. apple on monday for its 10th consecutive day had its longest streak of gains since october 2010. let that sink in for a moment. that is despite reports that apple cut production of the iphone se by 20% because of waning demand because of inflation in the conflict in ukraine. investors didn't seem to mind. apple really leading the charge there quickly, amazon now positive year-to-date as well. despite the narrative around higher rates, investors are looking close at mega tat -- make cap tech stocks. investors looking for other stock split's. 8% on cash deals for poly, one of the makers of remote work tools. you see investors taking it negatively. amc entertainment up 45%. do you know why? emily: why? >> no idea. [laughter] emily: always love your history lessons, love it. we a