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FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.
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This is very.
Imus in the morning program on the fox for the.
Good morning everyone President Obama gives his first State of the Union Address of his new turn tonight and he's expected to focus on the economy.
Our -- Peter Barnes joins us from the White House now with a preview -- we expect -- Well paid and I just -- to Gene Sperling who as a -- the director of the president's National Economic Council and that's absolutely right they major theme tonight.
The president will be discussing will be the economy job creation.
And how to help the middle class we will hear him talk.
I heard somebody referred to it as the move the mice speech manufacturing.
-- I investment for IIC for clean.
Four -- clean and an.
In the inauguration now back to the economy and -- unemployment is still seven point 9%.
That's not good president is gonna lay out his proposals for doing that.
And that will also include.
His plans for trying to reduce deficits.
And two reduce spending but also to continue to make critical investments that he sees are necessary to help economic growth plan.
And -- -- expected to wrap North Korea into this at any point given the news out of that country today.
Yes and and -- we we do get we will the president that the -- union speech did -- does of course cover lots of areas the economy being the dominant theme tonight but national security.
Will be an issue and after this launch of this.
They they nuclear test by North Korea yesterday the White House said that.
But I statement -- said that this is a highly provocative.
That violates North Korea's obligations under numerous UN Security Council.
Resolution so the president is expected to discuss North Korea in his speech tonight.
And I will will be tuning in and we encourage everybody to tune in here Neil Cavuto will give us live coverage said -- -- anybody Peter thanks so much as they have her head and thank -- US small business owners meanwhile -- a bit more optimistic last month that's according to the National Federation of Independent Business optimism index which gauges -- sentiment and outlook.
The January reading was 88 point nine up from the December reading of 88.
-- market reaction now here in US futures haven't -- of searching for direction this morning we have red arrows now with Dow futures down seven.
Yes and these -- on the nasdaq's down three and a half meanwhile shares of Coca-Cola are trading slightly lower.
In the premarket after the soft drink giant's fourth quarter profits -- -- expectations.
But sales fell short.
What analysts were looking for Coca-Cola earned an adjusted fourth quarter profit.
A 45 cents a share a penny above the estimate.
While revenue rose 4% from last year to eleven point force -- six billion but that missed the forecast for eleven point 54 billion.
Coca-Cola says strength in emerging markets offset a decline in its European business.
And American Express is now letting certain cardholders by gift cards and goods on Twitter.
Lawrence amenities in our newsroom with more on that -- really people really need more reasons to waste time on Twitter.
Yet you know Diane this is the future of social commerce and it's totally crazy totally fresh and it's something we might all be dealing with safeguards so.
Here's a bank if you are eligible American Express card holder right.
You can link up your Twitter account with fewer American Express account and then if you tweet using special hash tags for instance for Valentine's Day hash -- Amex flower offer.
You essentially buy the product American Express -- -- -- confirmation -- had fifteen minutes to reach week.
And that confirmation.
-- holds the product shows up on your doorstep I know it sounds crazy it's a little bit convoluted.
I it's tweeting to five but I like to say tweeting before we cried because little twitters act -- amended -- -- Twitter account.
There are some meetings to be fearful of here but of course American Express -- they're not sharing your data they're not sharing your credit card information with Twitter -- the merchants sell you should be -- Are you will see well in case you get -- of spending money from your computer now apparently you can lose it in Atlantic City without -- handing your hotel -- what's going to.
-- -- -- -- story OK so the word got out hotel and casino in Atlantic City is these first.
Casino in the nation to allow you to gamble from -- television with your remote -- -- slot machines and video poker it starts.
February 18 and -- -- right now with a hundred dollars us test period we'll see if other casinos across nation policy -- all right.
Fearful but -- -- up and Lawrence embedded from the newsroom thanks Lauren.
Let's take a look at oil and gold now they could searching for direction this morning to we have gold back in the green up by about eighty cents at 1649 announced.
Oil is up about 43 cents trading around 97 dollars a barrel.
Coming up this hour a performance from Bruce Robinson and Kelly Willis and -- -- via -- and on Fox Business giving you the Howard --
