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Intel CEO to Retire in May

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    FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.

  • Duration 0:57
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What -- look at this we've got a big jump in the price of oil as -- right now look at this place we are past 88000001.

That's almost two dollars a barrel higher.

This is because of fighting in the Middle East Israel firing on targets in Gaza.

Rockets coming back into Israel possibly.

Brought up on the brink of war the the tanks however for the moment staying in Israel.

After the Dow Industrials that's a rally the Dow Industrials -- -- 158.

Points.

Intel's chief Paul Otellini retiring in made no replacement named Intel will look for new CE -- A market has little reaction to this news Intel is up nine cents that's it.

Wal-Mart gonna pays dividends to shareholders this year as the next year just in case the fiscal -- brings a big increase in the -- -- dividend taxes.

Wal-Mart will pay -- oldest one point 34 billion dollars -- -- this year so they pay a lower tax good idea back in my --