i'm sara eisen. >> and i'm wilfred frost. let's get right to the markets.ures pointing to the positive open to the tune of around 200 points for the dow, just shy of that right now, s&p open by 22, 23 points higher. the nasdaq expected to open up by 54 points. this follows gains across the board in europe and asia. let's have a look at european trade right now. looking at around about 2% trade. the ftse 100 shrugging off that brexit debate and not following the pound. it's up 2.1%. asia has been higher as well. the nikkei up some 1%. shanghai up 2.4%, with the news that the security market regulator was replaced over the weekend. plenty of time for markets to digest. and also what is a brought rick on trade, wti, 30.7. >> 3% moves on oil, wti and brent. after last week, sthox the best week since back in november. there were starting to questions over whether the selloffs were overdone. the u.s. recession overdone. that's why it's so important to monitor this week not only economic data and consumers and earnings. big box, detail, big department stores all g

i'm sara eisen. >> and i'm wilfred frost.ongratulations. >> glad to have you back. >> good to be back, indeed. congratulations to the denver broncos this morning, peyton manning and team beating the carolina panthers 24-10 to win super bowl 50. denver's odefense was outstanding. >> the rose, what everybody cares about the lady gaga, singing the national anthem. that was incredible. all of those, halftime. peyton manning giving an endorsement. the highlights that everybody is fussing about in just a bit. >>> first, let's get to markets, the business side of the morning. it's the year of the monkey, many markets in asia are closed today to celebrate including hong kong, mainland china, singapore, taiwan and south korea. there's still big market news out of china, reporting a 100 point drop to the lowest in four years. the market is fuelling charter about the yuan speculation. we're pointing out that, however, this is slightly less than expected. so in absolute terms, four-year lows but not as bad as what we saw in december in t

. >> and i'm wilfred frost. our stop story, markets under pressure. they're taking a lead from what's happening around the world and that is declines. the dow caught to open at 100 points low. 94 to be exact. s&p by 10 points. >> lots of red overnight. china devalued its currency for a fifth day in a row. a lot of folks pointing to that, the shanghai composite down 2.8% in shenzhen. and another index over there, even stronger down 5%. hang seng in hong kong down 1.3%. and nikkei down a percent. let's show you what's happened in europe, beginning the trading week on a lower note, with the dax in germany down more than 1%. it's sort of a risk opt day. buying the yen and selling stocks around the world. >> let's dive into the asian market. sri jegarajah joins us from singapore. >> good to see you. the chinese markets once again in the cross hairs of the selling pressure. shanghai composite. a couple of factors pressuring stocks. nothing concrete drawing a line under the global economic slowdown from the g of the 20 in shanghai. we continue to see depreci

i'm sara eisen. >> i'm dominic chu sitting in for wilfred frost. another busy morning in the global markets. we have it all covered for you. >> we start with breaking news from the european central bank. mario draghi has been speaking at the german central bank in frankfurt. among the headlines here, draghi say, quote, there's no reason for central banks to resign their mandates simply because everyone is being affected by global inflation. central bank speak for the risk of acting too late on ultra low inflation is greater than that of acting too early. draghi suggesting a wait-and-see stance could lead to a lasting loss of confidence. seems like he's making a political argument here for moving further, something he's already hinted at doing in the march meeting in terms of easing to fight slow or no inflation. >> he's mr. whatever it takes. this guy will say whatever he needs to. he's a big talker for sure. staying on the europe theme, check out shares of credit suisse. the stock is dropping to a more than two-decade low. they're down 13%. the sw

. >> and i'm wilfred frost. very interesting song choice. >> they get better and better. >> global stocks on a wild ride, as the music is. the dow traveling more than 1,000 points yesterday during a very choppy session, despite a relatively tame trading range of 256 points. as for the picture this morning, u.s. equity futures right now pointing to a positive open. quite a significant one to the tune of 130 points for the dow. the s&p called up by 18 points. the nasdaq by 53. >> we'll see if it holds. the other big story this morning, politics. decisive wins for donald trump and bernie sanders in the new hampshire primary. the main theme, voters backing the anti-establishment candidates. on the gop side, trump got 35% of the vote followed by a strong number two, john kasich, ted cruz, governor jeb bush, and then in fifth place, marco rubio. >> all of the sudden we started getting numbers in. everyone said, how come they like trump so much? i have so many friends up here. they are special, special people. so new h

i'm sara sooeisen. >> and i'm wilfred frost. >> while you were

. >> and i'm wilfred frost. that was a tough date to read just there. >> we both always struggle with the dates. should have that preprogrammed. either way, a very good morning to everyone if you're just getting up. oil prices and fed speak in focus this morning. we'll bring you up to speed on both in a minute. >> plus, we'll be talking politics. here are the projected results from last night's gop caucuses in nevada. donald trump taking the top spot by a pretty big margin, followed by marco rubio number two and ted cruz number three. more from the campaign trail later in the half hour. looking ahead to super tuesday with clearly trump gaining momentum. three states he's won in a row. >> absolutely right. he's got the momentum behind him. can marco rubio be the one to stop him? doesn't look like it at the moment. first, a check on u.s. equity futures at this hour. we are pointing to a negative open. yesterday, all three of the main boards down 1%. u.s. equities really dancing to oil's tune with the main orchestr

. >> and i'm wilfred frost. >> while you were sleeping, here's what happened in asia overnight. big story. many markets are still closed for the lunar new year holiday, but the ones that were open got absolutely slammed. the nikkei in japan closing down 5.4%. it's been dropping for five of the last six sessions. main culprit, the dollar versus the japanese yen, dropping to its lowest level since november 2014. a strong japanese yen, a weak u.s. dollar. japan's finance minister calling the yen's moves, quote, rough, and saying he'll be watching it closely. as you'd expect, exporters in the japanese market closed down sharply. toyota, nissan, honda, and sony all among the biggest losers. and check out the japanese ten-year government bond. the jgb. we've been talking about that for a while. overnight, the yield fell below zero for the very first time. more negative territory for sovereign bond yields. it's absolutely stunning. >> and i think the yen point clearly crucial for this nikkei reaction. let's also highlight the point that yesterday the nikkei was up slightly. then we got

. >> and i'm wilfred frost. a lot of corporate news this morning. first, let's get a check of the bigger market picture. u.s. equities closed out of correction territory yesterday. a good rally we've seen over the last ten days or two weeks. sparked, perhaps, some say, when jamie dimon stepped in and bought some shares. the dow called to open down by about 110 points. the nasdaq by 34. let's have a look at european trade, where we are seeing some red there as well across the board. the ftse 100 is in the red today. it's down 0.7%, led lower by standard chartered, which reported a full-year loss for the first time since 1989. asia also showing some red today. nothing too pronounced. 0.8% declined for shanghai. >> there are still concerns lingering about china, about the state of global growth, about the state of earnings, which hasn't been all too bright. we'll see what the guidance looks like on the consumer names. in other words, the fundamental problems that have been with us since the beginning of year are not completely solved, even though senti

i'm sara eisen along with dom chu sitting in for wilfred frost today. good to be here. >> among the storyings front and center for us right now, venezuela's oil minister is in tehran today meeting with officials from iran and iraq. crude oil prices giving back gains on reports that iran will not join a deal between saudi arabia, russia, and other producers to freeze output at january levels, but they have since turned around and are now marching higher. iran's opec envoy is calling a freeze, quote, illogical. we'll see if they can come to any agreement on this. what you're looking at is a 2% plus gain in wti, 3% on the brent crude. that's the international measure of oil prices. we'll see as these negotiations continue. potentially at least there are negotiations. and that marks a symbolic step towards some sort of agreement that oil prices are too low, too painful, down 70%. they've got to do something about it. >> oil has been very range bound, for sure, these days. >> and today stocks are following suit. yesterday is what art cashen called a trial se

. >> and i'm dominic chu sitting in for wilfred frost. he'll be back on monday. lot of news this morning and some big stock moves as well. we'll have your round up of the names you'll want to know in a minute. >> first, the big market story of the day. that would be january's employment report. it's out today at 8:30 a.m. eastern. forecasters say the economy likely added 185,000 jobs last month during january. that's a big drop from what we saw in december, 292,000 jobs added that month. the unemployment rate is seen holding steady at 5%. of course, we'll bring it to you live on cnbc. in the meantime ahead of that report at 8:30, u.s. equity futures are holding steady. it's been a calm session overnight after a mixed session in asia. dow jones futures up 30. s&p futures up 2.9. it's really little action ahead of jobs. this after a lumpy rally that led industrials and materials on the back of strong commodities and again a weaker dollar, heading for its worst week since 2009. >> not surprising to see markets a little stable ahead of what could be a big market-movi

i'm wilfred frost joined today by kayla. in for sara. it might mean we can get through a whole show without mentioning steph curry or the yen, which is a welcome relief. >> so i won't mention the yen when we talk about the asia markets. >> no, we can. we always have to mention it. maybe not every 17th word. a very warm welcome to "wex" to you, kayla. let's get to the u.s. equity futures. a nice positive open to the tune of about 130 points to the dow. 137 points now, as you can see. the s&p called to open higher by about 20 points. the nasdaq by 50. the s&p and the dow both going into positive territory for the week and for the month as well. >> we've been able to see the u.s. equity futures rallying throughout the morning because of what's happening in the global markets this morning. let's look at where we are across the world right now. in europe after the open, a sharp rally out the gates. germany up by 2.5%. france up by 2.3%. the ftse 100 is holding up about 1.5% into positive territory. we have ireland elections today. we have eur

i'm wilfred frost. >> and i'm sara eisen.back thursday with throwback movie songs ahead of the oscars this weekend. try to guess the movie from each song. tweet us. in the meantime, let's check on global markets this morning. a big selloff in china overnight dominated the action, has yet to spill over to u.s. futures. the japanese nikkei caught up with the u.s. overnight and finished higher by 1.4%. hang seng in hong kong down, but look at what happened in shanghai. down 6.4%. a number of reasons given, wilfred, including some tightness in the money market funds, the adjustment of the currency weaker for the fourth day in a row, and just general concerns that this rebound in china, 10% off the lows that we've seen over the last few weeks, is overdone. this as some powerful central bankers and finance ministers meet in the china to discuss it. >> a slow and steady climb of a rebound of 10%. more than 50% of that eroded this one session. the volatility coming back to the fore today. quick look at europe. bouncing significantly,

. >> i'm dominic chu sitting in for wilfred frost. he'll be back on monday. a holiday shortened week of trading here in the u.s., but no shortage of big news and buzz. we'll talk about apple challenging federal authorities and hear why company co-founder steve wozniak believes steve jobs would have done the same thing. that's just one minute here. >> that cnbc interview getting a ton of buzz. first, let's get you up to speed on the market action this early friday morning. holiday shortened trading week, but we're looking at the best week for stocks since back in november. the best week of the year by far. the gains could continue after a selloff late yesterday. the dow jones futures up 38. s&p futures up five. nasdaq futures up 12. let's show you what's happening with oil prices, which have been a driver. maybe not to the extend that tight correlation we saw earlier in the year. >> it was trying to break down. then it went right back to trading with the markets all over again. >> correct. so let's look at the one-week chart for stocks. there's oil right now d

joining us now for more, wilfred frost joining us from cnbc headquarters. te the fbi's suggestions that this is a one-off special permission, tim cook is not backing down here. >> absolutely right, nancy. that cancer quote you just mentioned getting a lot of headlines in the press this morning. the other one, this is not about one phone, this is about the future. exactly right as you just said, echoing that sentiment it's not just a single issue. it would change the relations that the government has with tech going forward. so once again, a defiant tone from the apple ceo on a dispute is that's really divided opinion here in the u.s. i suppose until a couple days ago, at least the tech world was united behind apple and tim cook. of course, bill gates came out on tuesday to back the fbi. but he did say this is only a backing in terms of one particular phone. something that tim cook says is not possible. i will say this interview, if you watch it in full, he made a compelling case, tim cook. it might help him win over a few more people in this divided dispute

. >> and i'm domenic chu sitting in for wilfred frost today.eople will gather in iowa for their choose of president of the united states of america. >> candidates will spend the day rallying supporters. we'll take live to des moines in 4 minutes in 4:00 a.m. iowa, hugely state. the pmi coming in 49.4. that's shortly short of estimates. chinese stocks closing lower. most in asia finished higher. still getting a boost from that boj, bank of japan decision on friday. also the ipo business is having a rough start to 2016. there were no initial public offerings in january. that's the first time we have gone without an ipo of four years here. getting a test overall with two bio companies expected to attend offerings. as for the broader markets. here's a quick look at the final numbers for an ugly, ugly january. the dow and s&p off to the worst start of the year since 2009. the blue chip index dropping 5.5%. the s&p down 5%. nasdaq losing 8% overall. it was a melee for so many parts of the market. it was broad-based, sara, in january. >> but we did en

. >> i'm dominic chu sitting in for wilfred frost today. a flood of corporate news this morning, including that mega deal for syngenta. >> plus, shares of chipotle are getting hit hard. it's now a subject of a broader criminal investigation. we'll have the full story in a few moments. boy, did that stock collapse over the course of the conference call yesterday. >> absolutely. you can see those shares down about 5% in the pre-market trade. first, let's check on what's happening with the global markets this morning. u.s. equity futures, like you said, pointing to a modestly higher open. the s&p up by maybe just about two points. the dow jones futures indicating an 18-point open. and the nasdaq, we'll call it flat right now. so again, modest, modest gains to start, at least for the time being. we'll see if that changes throughout the course of the hour. also checking on oil prices. they're continuing to be a focus for a lot of traders right now. currently wti crude, u.s. based crude benchmark, up just about 1.5%, $30.36 a barrel. ice brent cr

. >> and i'm dominic chu sitting in for wilfred frost this morning. u.s. stocks are on their strongest three-day rally since the turmoil in august. the dow and the s&p up more than 5%, the nasdaq gaining around 6.5%. this is the first time since october of 2011 that the s&p 500 has rallied at least 1% in three straight sessions. u.s. equity futures right now pointing to what could be perhaps a little bit more of a modest pause we'll call it. >> it's early. >> we're not really moving anywhere. the s&p, dow, and nasdaq relatively flat as we approach this morning's session. so again, sara, an interesting move overall. three-day rally. taking a bit of a pause for right now. oil, of course, still a big story. >> we got to watch oil prices very closely this morning. they've been part of the story of strong stocks in the last few days. wti crude well above $31 a barrel. brent, the international bench mark, up almost 1.5% at $35 a barrel. wti, which trades here over the last three days, is up 17%. yes, it's got a long way to go to really climb back and make back s