Also in this playlist...
This transcript is automatically generated
Imus in the morning.
Ground on the -- I have a -- of good morning everyone's starting things up with a look at the markets over in Europe markets are higher across the board shaking off the -- from Slovakia.
Not to expand the Euro zone rescue fund London right now is up almost 35 points Paris is up 59 and Frankfurt's up 85.
Futures here in the US meanwhile are also higher despite a weak start earning season from -- -- Dow futures are up triple digits gaining 104 so far the S and -- up almost twelve.
And the nasdaq's up almost 28.
Now for a preview of the trading day let's go over and above that -- on the floor of the New York Stock Exchange medical.
Hey good morning Diane good morning everybody some of the traders seemed baffled that.
We have some -- -- here but little relief over in Europe we've seen that Euro gaining.
It's a three week -- that's pushing the dollar Lowery giving equities a little bit of a breather here.
Despite the fact that the eurozone worries still remain Alcoa's numbers still -- analysts' estimates -- -- was down 4% overnight.
This Dow component will pull things back a little bit on the Dow Jones Industrial Average but.
Not if everything else is higher so you are likely to see Alcoa this morning with a down arrow.
But some of the banks already have up arrows saying that maybe some of the European concerns carload -- -- I've already seen Deutsche Bank with a not Farrell at this UBS so.
We'll keep an eye on those banks because they help.
To keep things along as I noted out -- lower the banks looking a little bit higher also Liz Claiborne.
Is selling its namesake and Monet brands over -- two.
JC -- so keep an eye on -- Liz Claiborne and JC Penney and then.
We talk about Xerox sitting in that makes news and well this morning it was actually cut to an underweight from neutral over at JPMorgan so.
That'll be a name on the move and -- -- First Solar coming under some pressure.
As well but for now.
Easy -- -- a bit of a pop safe haven of gold up about 24 box self that'll be a mover as well those some of the hot topics that will cover here on Wall Street.
-- -- -- I think -- And General Motors is unveiling its first all electric car today Jeff Flock is outside GM's headquarters.
With all the details on the Chevy spark so Jeff we it's not only all electric it's also pretty tiny.
Exactly I you're looking at the big get GM headquarters big building small strategy announced today -- and just inside a short time ago we'll have a live all day.
Today on the Fox Business Network first.
The smallest car ever in the US market.
To be called the Chevy spark it'll be sold here next year.
They took the skins -- at this morning in a big press conference where they also announced the rest of their small car strategy.
-- spark will be smaller than the current -- sonic which is its smallest car.
Replace the -- a short time ago.
They also announced they will be developing an all electric version of the spark called the sparked EV.
Not sure exactly where that'll be sold but -- select markets mostly big cities -- not.
-- -- way across the country like the Chevy Volt is currently now.
Also they've announced a new global small engines.
Program they'll be called echo -- gas engines they'll be.
Three and four cylinder engines real small ones.
They'll also be announcing are they also announced today the development of the there are the envy they call it it's a two person car it almost looks like got.
A quarter of a car we'll be live inside the GM headquarters exclusively today.
With a look at that's two person carp close and personal as well as the electrified spark.
Big news -- Chevy and GM today and there's so cute.
Apparently are cute looks leader -- in your back don't get into a crash yeah yeah -- don't don't get not Mack truck currently hope not thanks Jeff.
And there's and -- more news out of Detroit this morning Chrysler and the United Auto Workers Union have reached a tentative labor deal.
The agreement includes four and a half billion dollars of investment to produce new models and upgraded vehicles.
UAW president Bob king says the Chrysler pact would also add.
When He 100 jobs by 2015.
The UAW now has agreements with all three major US auto makers.
And president Obama's jobs bill has failed to clear procedural vote in the senate.
Billion dollar bill needed sixty votes to move forward but only got fifty.
Not including those of two Democrats senate -- have been working on a plan to break up the bill into pieces -- be easier to pass in the meantime congress we'll turn to approving three US trade agreements.
Here's a look at the commodities now oil and gold are still both up -- up by twenty cents gold is up by 26 dollars and 1687.
Imus in the morning continues right now on Fox Business giving you.
Filter by section