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tv   FBN AM  FOX Business  February 11, 2016 5:00am-6:01am EST

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bile with voice mobility. comcast business. built for business. >> nicole: breaking news this morning, the campaign battlefield moves to south carolina. donald trump says change is in the air. good morning, i'm nicole petallides. >> lauren: good morning, i'm lauren simonetti. after tumbling 200 points, stocks may lose more ground as oil prices fall and swedish central bank cut prices. they. >> down over 300 points in last couple of moments. s&p futures down 32. nasdaq futures 83. we are looking at 2% decline. >> nicole: stock markets in hong kong and to the korea reopen and play catchup. let's check out the hang seng
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and the kospi. kospi 2.8%. japan closed for holiday. >> lauren: request is bottom for equities and of course, crude oil, oil breaking $27 a barrel. 26.71 right now. >> nicole: fox news exclusive on the growing e-mail scandal for hillary clinton. now we learn that top clinton aids also handled top intelligence on her e-mail server. >> lauren: jack dorsey delivers more bad news to investors. we will have the reaction and it's not good. >> nicole: and in sports u.s. olympic committee goes on the offensive against the zika virus. lebron and kobe face off for the last time in cleveland. good morning, welcome to fbn:am, first look at morning markets, breaking news and what to expect for the day ahead. >> lauren: we have to start with the market this morning. global markets in silloff mode
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again after oil prices sink below $27 a barrel, cutting interest rates more than expected. this selloff chief market analyst james. good morning, james. >> good morning, good morning. >> lauren: european stocks trading at the lowest level, what is going on this morning? >> yeah, it's really a lot of things. we have seen first of all the oil price, we can't get away from that. we were starting to find a little support and we start today fill the oil prices weren't going to be the driver which dominate it is markets going forward. that's been smashed out of the water. we are looking below $27. that's hitting oil and gas stocks. we also have financial stocks trading down and the ongoing problems with european banks with detshe bank. that hitting things.
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you have the swedish central bank cutting their interest rates, we didn't expect that to happen. it's that driver what's going on in u.s. central banks and european policy that causing huge problems for the markets. all of those things coming together and really starting panic yet again in these markets. >> nicole: we went through them, rate cuts in negative territory. wasn't good enough and so that just continues to trickle through the markets, what turns it around? i mean, everywhere we turn there's a worrisome point, what are investors to do and what turns the markets around. >> you look at the policy and they're not very easy to find, but if you look at what janet yellen said yesterday in her testimony, she was talking about this market, these falls in the market being more of a healthy
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correction rather than being an actual full-on-end-of-the-world sates trough fbi. we have seen huge rallies and there is a some kind of correction that needed to happen and there's still that the way markets are falling at the start of 2016 is just that correction that we needed for such a long time. only time will tell and the news flow and it's hard to grab something at the moment and it's hard to find. >> james hughes, chief market analyst at gkfx. >> nicole: donald trump sitting drown with vetta talking about
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the presidential race. now we are down to six, maybe even less with that, once you get to a certain level, it changes, i will be changing rapidly. i'm capable to anything that i want to change to. >> how governor kasich speaking about second in the granite state. >> along with my record both in washington, surpluses, job growth, i believe that that message works. >> nicole: don't miss this, donald trump will be on varney & company this morning at 9:45 eastern time right here on the fox business network. >> lauren: a day off primary, chris christie after finishing sixth in primary he says on
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facebook he's leaving the race, quote, without on ounce of regret. former hewlett-packard ceo carly fiorina, he's also suspending her race. she placed seventh in the granite state. >> nicole: a dozen accounts handled on hillary clinton's private server. as she tries to boost her support among minority voters ahead of south carolina primary, clinton is getting an endorsement from the congressional black caucus t influential endorsement comes after 22 point loss to bernie sanders in new jersey new hampshire. >> lauren: stock markets in china are closed today. hong kong and south korea.
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>> nicole: we are seeing all the major averages significantly lower. ftse and dax down 2% each while the cac 2% each. >> lauren: u.s. stock market futures looking like this. you have the dow futures down 286 points. they were down over 300 just moments ago. nasdaq futures down 85. looking at the dow. we are now down five days in a row. >> nicole: that would be for oil too. 26.61 the barrel right now. everybody is looking at gold 12.19. >> lauren: you have the euro, yen, safe haven yen higher this morning versus u.s. dollar. >> nicole: looking at the yield
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1.62%. >> lauren: wow. federal reserve janet yellen goes back to capitol hill today, yesterday she told a house committee that the fed is not likely to revert plans to raise interest rates this year. she did say that the volatile financial market, those items have increased risk to the u.s. economy. the fed open market committee expects the world economy to gradually improve. >> ongoing employment gains and faster wage growth should support the real incomes and therefore consumer spending and global economic growth should pick up over time supported by highly monetary policies abroad. >> lauren: she does not expect that the fed would be in a situation where it is necessary to cut rates any time soon but as james hughes was telling us, we have policies among central banks in u.s. and europe.
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>> nicole: shares of twitter falling 9% after fail to go show any user growth, twitter reported it had 320 million users in the fourth quarter, analysts were looking for 5 million more. social media issuing revenue warning for the quarter. revenue up 48% from a year ago. twitter trying to reassure shareholders it plans to invest in stream video. >> lauren: tesla investors are optimistic about the future because the electric car maker said it lost $114 million in the fourth quarter. loss of 87 cents a share. shares are up and they're up more than 4% right now in premarket trading after tesla said it expects to be profitable on an adjusted basis in 2016.
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plans to deliver as many as 90,000 cars this year, that's a big up 50,000 from last year. >> lauren: investors are welcoming earnings, the company's latest quarterly results came in better than expected thanks to higher demand for routers and security products, sending shares up, cisco adding $15 billion for buyback program. >> lauren: senate unanimously approving a bill that would hit north korea with tougher sanctions, development of a nuclear war head and long-range missile. days after the north satellite launch. u.s. and allies believe the launch was a cover for ballistic missile test. >> we must take strong action to
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curve north korea's nuclear program. weak sanctions against north korea have clearly proven unsuccessful. >> this legislation takes significant steps to deny north korea's capabilities and limit the nuclear and ballistic missile program. >> lauren: and then there's this, south korea media is reporting that kim kim jung un defense secretary was executed. >> nicole: the fbi says it has moved to contain the last four remaining occupiers who took over refuge during land right's protest last month. remaining occupiers said they would walk out today without their guns carrying american flags.
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claymond bundy was arrested in portland, oregon last night as he stepped off a flight from las vegas. reports say that bundy faces charges related to the 2014 standoff on his nevada ranch. >> lauren: walgreens threatens to end, 30 days to fix the problems found by if i recall inspectors, $2.9 billion officer. they've been looking to sell the brands to address concerns about their merger and finally pinewood owners considers a sale. latest star wars and james bond movies such as specter and dr. no, it's where they were shot. >> nicole: coming up what does bernie sanders and this social have in common?
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>> the puppy monkey baby. puppy, monkey, baby. >> nicole: that's right, puppy, mangy, baby and bernie sanders, we will tell you what they have in common. >> lauren: no idea. >> nicole: let's check out u.s. stock market futures, 1.9%. s&p down 35. nasdaq 32, europe is lower, bond yields, we are watching those at 1.6%. weyou're watching fbn:am, first look at morning markets and breaking news.
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>> congratulations on the new hampshire primary. >> thank you very much.
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>> you won 86% of people 18-24, you know. you're like the -- it's like your puppy, monkey, baby, okay. [laughter] >> do you know what that means? >> actually, no. >> no one knows what it means, that's the secret. >> lauren: we apparently do. we are obsessed with puppet, monkey, baby. he talked about finance reform and healthcare reform and even got tips for south carolina. >> nicole: let's get you caught up on the global markets, kospi down about 3%, so we did see selling in asia, that translated to europe, lauren. >> lauren: let's show you the board for european stocks. ftse down 145 points in london, 2 and a half percent. cac in paris almost down 4%.
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lost of 152 points and dax in germany down 3%, downside 262. >> nicole: selling continues right here in the states. look at this. dow futures down right around the session lows, 314 as it continues to the downside. nasdaq down 94. >> lauren: stocks down, oil down, oil trade around $26 a barrel and right now it's still there 26.66, almost down 3%. gold has up arrow, 26 bucks to 12.20 an ounce. clearly above 12-dollar handle. >> nicole: u.s. olympic committee says it will hire specialists who are worried about the zika outbreak in brazil. the committee has sent a letter to all possible olimpians acknowledging the concern over the virus. one of the two diseases will be a women.
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u.s. soccer goalkeeper has said if the olympics were being held now, she would not go to rio. kobe bryant fair-well tour, last time they face each other on home court. cavaliers came out on top but the kobe tribute was overshadowed when kevin love reinjured left shoulder. the team said it was a contusion. 139-134 into overtime last night. 36 points and 11 assists including a fadeaway jumper. clippers lead in regulation but lead without a field goal for more than three minutes. >> lauren: coming up the campaign battlefield moves south to south carolina and donald trump says change is in the air. >> i will be changing very rapidly.
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i'm very capable of changing to anything that i want to change to. >> lauren: is he? we will have the latest from campaign trail. jack dorsey delivers bad news. twitter's growth grinds to a halt. checking u.s. stock market futures on this thursday morning. steep selloff. 308 points. down 1.9%. s&p down 1.9%. nasdaq futures 2 and a quarter percent. you're watching fbn:am, first look at morning markets and breaking news. keep it here.
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♪i see trees of green ♪red roses too ♪i see them bloom ♪for me and you ♪and i think to myself ♪what a wonderful world ♪music ♪the colors of the rainbow ♪so pretty in the sky ♪are also on the faces
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♪of people going by ♪i see friends shakin hands ♪saying how do you do? ♪they're really saying ♪i love you ♪i hear babies cry ♪i watch them grow ♪they'll learn much more ♪than i'll ever know ♪and i think to myself ♪what a wonderful world ♪music ♪oh yeah
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the conference call. the ultimate arena for business. hour after hour of diving deep, touching base, and putting ducks in rows. the only problem with conference calls: eventually they have to end. unless you have the comcast business voice mobile app. it lets you switch seamlessly from your desk phone to your mobile with no interruptions. i've never felt so alive. make your business phone mobile with voice mobility. comcast business. built for business. >> lauren: breaking news this
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morning, campaign battlefield moves to south carolina. donald trump says change is in the air. we will have the late fres the campaign. good morning, i'm lauren simonetti. >> nicole: good morning, i'm nicole petallides. stocks my lose more ground today. certainly looking that way. oil prices fall. central bank cuts further down to negative territory. we are seeing selling, these futures are under pressure, dow down 300, s&p down 35, nasdaq down 88. >> lauren: stock markets in hong kong and south korea reopen for business and play catchup to the global selloff. however, japanese and chinese stock markets they are closed today. >> nicole: where is the bottom in crude oil. everybody is looking and watching at 26.70 the barrel. 2.7%. oil is down about 17% in six trading days. >> lauren: above-news excluizive for hillary clinton, now we learn that top clinton aids also handled top intelligence on her
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server. >> nicole: we will have all the reaction and it's not good. >> lauren: in sports u.s. olympic committee goes on the offensive on against the zika virus and lebron and kobe face off for the last time in cleveland. we will have the highlights. welcome to fbn:am, first look at morning markets, breaking news and what to expect for the day ahead >> nicole: winner of new hampshire primary, donald trump talking about the gop presidential race. >> we started off greta right from the beginning, we were 17 people, we are now probably down to six and even maybe less than that, once you get to a certain level, it changes, i will be changing rapidly. i'm very capable to anything that i want to change to. >> nicole: how governor kasich speaking about his strong
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second-place finish in the granite state. >> i believe that the message that i have along with my record of balancing budgets, cutting taxes both in washington, getting us to balance surpluses, big job-growth, the same in ohio, i believe that that message works. >> nicole: donald trump will be on varney & company this morning at 9:45 eastern time right here on the fox business network. >> lauren: a day after the new hampshire primary two republicans dropping out of the race new jersey governor after finishing fifth in the primary. he says on facebook, he's leaving the race without an ounce of regret and former hewlett-packard ceo is suspending campaign, she placed seventh in the granite campaign. >> nicole: at least a dozen different e-mail accounts handled the top secret intelligence that was found on
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hillary clinton's private server. u.s. government officials says those account holders include former secretary of states top aid. meanwhile as she tries to boost support ahead of south carolina primary, clinton is getting an endorsement from black caucus today, the endorsement after 22 point loss to bernie sanders in new hampshire. >> lauren: let's get you caught up in global market action overnight. there's a selloff. hang seng closes down 3.9%. kospi 2.8%. >> nicole: worries in europe continue about banks and regulations, uncertainty, it's down about 9%. ftse down two and a half percent. cac 3.5% right now. >> lauren: what do u.s. stock market futures do, they selloff.
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292 points, s&p down 34 and nasdaq worst of the bunch 2.2%. >> nicole: checking out oil for the sixth day in a row. 26.69 and everybody is flocking to gold and treasury yen. >> lauren: the company fail today show any user growth in latest earnings report. 220million users in the fourth quarter. analysts were looking for 5 million more than that. the social-med accompany issuing renew warning for the fourth quarter, the bad news overshadowing news. plans to refine and video stream
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services. >> nicole: dangerously cold weather is on its way. the northeast expecting to be hit with sub zero temperatures, with more of what's ahead of this cold we go over to fox meteorologist maria molina. good morning, maria. >> maria: , hi, we are going to see bitterly cold air coming up for valentine's day weekend. we are feeling with cold temperatures and snowfall specifically great lakes that's when you're looking at some of the accumulating snowfall and some areas could potentially see more than 6-inches of snow. we do have warnings in effect and advisories in place out there and that's going to be last seen through friday morning at least for many of you. take a look at some of the numbers early this morning, in chicago you're experiencing sub zero temperatures and the same for you in buffalo. you to bundle up as you head out of the door.
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take a look at how worst it gets. forecast morning temperatures, this is not what it's going to feel like, this is what it's actually going to say in -- in buffalo you could look at saturday morning temperature 1 degree and by sunday morning that cold air reaches the i t 5 corridor and we could be waking up to a temperature of 2-degrees. >> lauren: whoo. >> lauren: burger king goes to the dogs, what? what happens when an elephant goes on a rampage, we le will show you the incredible video. dow futures tanking and nasdaq futures down 85. you're watching fbn:am, first look at morning markets and breaking news.
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>> nicole: let's take a look at u.s. stock market futures, we are selling continuing across the board from now. loss 1.7%. nasdaq down 84. >> lauren: checking in on oil and gold, oil prices down once
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again 26.73 is the quote now. down more than 2%. gold is up by almost $30 to 12.23 troy ounce. >> nicole: burger king is expanding its menu with hot dogs. it will add two different varieties of hot dogs. classic grill dog andia chilly cheese dog. burger king tested and believe - if you want to chilly-cheese dog that will cost you 2.29. lawyer lawyer i'm thinking if i should order it. i'm torn on that one. a wild elephant goes onrampage -- on a rampage in an indian
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city. it took seven hours to tranquilize the animal. luckily nobody was injured during the rampage. look at the trunk. >> nicole: very sad and scary. campaign battle moves to south carolina. change is in the air. >> i will be changing very rapidly. i'm capable to changing to whatever i want to change to. we will have the latest from the campaign trail. jack dorsey delivers bad news, investors not too happy. stocks selling off. we will have the story. checking u.s. stock market futures, selling going around the world, asia, in europe, commodities and looking down at the dow, 270, s&p down 32. you're watching fbn:am, first look at morning markets and breaking news.
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>> nicole: breaking news this morning, campaign battlefield moves south carolina. donald trump says change is in the air. we will have the latest from the campaign. good morning, i'm nicole petallides. >> lauren: good morning, i'm lauren simonetti. other top story after tumbling 100 points yesterday for the dow, stocks again tanking, dow futures down 258 points. s&p futures down 31, nasdaq down 80 after the swedish central bank cut interest rates more than expected. >> nicole: let's take a look at the asian markets. kospi down 2.8%. japan and china closed. >> lauren: where is the bottom in crude oil prices? well, we don't know. we are seeing push even lower right now 26.78 cents a barrel.
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>> nicole: growing e-mail scandal for hillary clinton. top clinton aids also handle top-secret intelligence on her e-mail server. >> lauren: twitter ceo jack dorsey delivers more bad news as company grinds to a halt. we will have reaction and well, it's not looking good. >> nicole: in sports the u.s. olympic committee goes on the offensive on the zika virus and kobe bryant and lebron face off. welcome to fbn:am, first look at morning markets, breaking news and what to expect for the day ahead. >> lauren: let's kick it off with this, on the campaign trail the winner of the new hampshire primary donald trump sitting down with greta last night talking about the gop presidential race. >> you know, we started off, greta, you were there right from the beginning, 17 people, now we are down from not too many people, maybe six or maybe even less than that, once you get to a certain level, it changes, i
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will be changing rapidly. i'm capable of changing to anything i want to change to. >> lauren: ohio governor john kasich speaking about his strong finish in second in new hampshire. >> i believe that the message that i have along with my record of balancing budgets, cutting taxes both in washington, getting us to balance surpluses, big job growth, the same in ohio, i believe that message works. >> lauren: trump will be on varney & company right here on the fox business network. >> nicole: fox exclusive on the clinton e-mail scandal, at least a dozen different e-mail accounts handle the top-secret intelligence that was found on hillary clinton's private server. a u.s. government officials say those account holders include some of the former secretary of states top aids. meanwhile as she tries to boost her support among minority voters, clinton is getting an indivorcement from the
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congressional black caucus today. the influential endorsement comes after clinton 20-point loss to bernie sanders in new hampshire. >> lauren: stock markets in china and japan closed today but hong kong and south korea reopen to red arrows. kospi closes down 2.8%. >> nicole: check out what's going on here t dax and the ftse are down more than 2% each. worries about banks and sweden cut rates further into negligent i have territory. >> lauren: what will janet yellen say today. nasdaq down almost 80. >> nicole: oil down five days in a row. 26.77, down 2 and a half percent and gold, $28 to the upside, 12.23 a troy ounce. >> lauren: twitter shares are
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getting beat up right now after the company failed to show any user growth in latest earnings report. 29million users in the fourth quarter. social-med accompany issues a revenue warning for the current quarter and disappointing news overshadowing better than expected earnings. up from a year ago. plans to refine its core sources, invest in live video and use site more effectively. >> nicole: tesla investors optimistic about the future. it lost $114 million in the fourth quarter, loss of 87 cents a share. that badly missed estimates of profit of 12 cents. check this out. after the company said it expects to be profitable on adjusted basis in 2016. tesla says it plans to deliver
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$90 this year. >> lauren: investors are welcoming earnings from cisco, higher demand from routers and security products, the news is sending shares 5% in premarket trading when everything else is selling off. $15billion by the share buy-back program. >> nicole: the senate unanimously approving a bill that would hit north korea with tougher sanctions. measure targets the country's ability to finance the development of many war heads and long-range missiles. this comes after north satellite launch. it was a cover for ballistic missile test. >> we must take strong action to curve north korea's nuclear program and address the other threat that is it poses to the
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u.s. and allies, weak sanctions against north korea have clearly proven unsuccessful. this legislation takes significant steps to deny north korea's capabilities and limit the nuclear and ballistic missile programs. >> nicole: when while south korean media reporting that kim un execute official, several killed since kim took power in 20 # 1. >> lauren: coming up, what to do with bernie sanders and this commercial right here have in common? puppy monkey baby. puppy, monkey, baby. >> puppy, monkey, baby and bernie sanders, whether he tell you what they have in common. global selloff.
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>> congratulations on the new hampshire primary. >> thank you very much. >> you won 86% of people 18-24. you know, you're like the -- it's like you're puppy, monkey, baby. do you know what that reference is? do you know what that means? >> actually no. no one, listen, no one knows what it means, that's the secret. >> nicole: at least bernie
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sanders was honest. 91% that thought he had that honesty trait. sanders talked about campaign finance reform, healthcare plan and got a few tips from colbert on how to win on his home state of south carolina. >> lauren: gets get you caught up on u.s. stock market futures, dow futures down and nasdaq selling off by 78. it's looking ugly, folks. >> nicole: oil down 15%. down again this morning at 26.79. down two and a half percent. gold is higher, up almost $30 at 12.24 a troy ounce. >> lauren: peter dixon, economist at commerce bank, joining us on the telephone. a couple of headlines, ftse at the lowest level since 2012, swedish central bank cutting interest rates and this is all bad, what do you make of it, what is going on today?
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>> i think the sense that markets believe that central banks have lost control. i think that's a trend which has become evident since boj cut interest rates a couple of weeks ago. of course, we saw janet yellen giving the impression that maybe the fed will hold off in march but it's not enough. i think banks -- the markets are thinking, well, bad news really is bad news. >> lauren: do you think janet yellen changes testimony today? >> i don't think she would change it very much. given what markets have done over the course of the last 24 hours, maybe slightly to give a hint that maybe rates are going to remain on hold. >> nicole: janet yellen yesterday certainly gave the stands that they are ready to change gears but painted a somewhat optimistic picture. she did feel that we were on the path of increase rates.
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what do you think about that? >> the economy is much more strongly than markets, primarily design today serve the economy, then i think there's a taste for higher rates but maybe now now. >> lauren: what do you make with u.s. central banks and european central banks? >> all sorts of difficulties. the federal reserve acted quickly. it was one of the first movers in 2008-2009. ecb has wrapped more slowly. so in that sense, the ecb has made life more difficult for everybody by coming to the table late and doing completely opposite to what the fed is doing. >> nicole: you through me for a look when the fed acted quickly. you said in 2008-2009 when you were cutting rates, so we know exactly what you're speaking about. peter, request is the little
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glimpse of hope if any? >> peter: that's a good question. >> nicole: just sit tight or what? >> peter: just sit tight for a moment. what will trigger a bottom. i think if the fed passes in march that will give us a fire-break, markets will look at the extension of the decline in resent months, maybe it's time to reevaluate the position but it's going to take a while. it's going to take a number of weeks before markets can finally see some light at the end of this tunnel. >> lauren: peter dixon thank you so much at commerzbank. we'll be right back
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>> nicole: check out what's going on in asia, hang seng down 3.8%. kospi down and china and japan
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closed in europe worries about the bank. look at this. ftse down 2%. cac quarante down 3% and dax 2% as sweden cut rates further into negative territory. 264 for the dow, off the earlier lows, still significant selloff and we are seeing the s&p down 32. checking out commodities, we have seen oil down five days in a row and for the sixth day with dawn arrows below $27 a barrel. gold up 30 bucks. here is a look at how the dollar is fairing. and for our ten-year treasury bond yield, flight to safety 1.62% in the uk. lowest ever that existed. now we take you through the next several hours and maria bartiromo, mornings with maria begin right now. good morning, maria. >> maria: good morning, nicole. i'm maria bartiromo, we are looking at a global market selloff developing right now. it is thursday february 11th and
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we have breaking news, with me this dagen mcdowell, kevin kelly and dominic tavela and ceo martin is with us as well. breaking news, markets are selling around the globe this morning. look at the futures market in the u.s. and we are expecting a decline of roughly 2% on the dow jones industrial average. nasdaq getting crushed 80 points as we speak. weighing on investors this morning, federal reserve janet yellen cautious outlook on the economy yesterday, she will be back on capitol hill this morning. yesterday, of course, she left the door open to a possibility of even lower interest rates reversing what the fed started last year because of the very weak economy. major averages on track for the fifth straight day of declines this morning. oil prices a pay joy factor this morning. look at where things stand for crude oil.
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breaking below $27 a barrel over the last five sessions oil has lost 16% just in five sessions. now sitting at 26.75 with a decline this morning of two and a half percent. when you look at the major averages there you see declines, dax index in germany all sharply lower. dax in germany down 204 worst in france 3%, 124 points there. the financial sector facing the sharpest decline this morning, that is the leading sector on the downside. the company warn it may miss the profit expectations this year. overnight in asia, hang seng reopening after holiday. down sharply after being closed for the lunar new year. down almost 4%. kospi down almost 3% and nikkei

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