Stocks (^DJI, ^GSPC, ^IXIC, ^RUT) are up slightly midday after a rebound in oil, with energy now leading the way and utilities lagging. Keith Bliss joins us live from the floor of the New York Stock Exchange to discuss the markets.
Joining Yahoo Finance's Alexis Christoforous to discuss some of the other big stories of the day are Yahoo Finance editor-in-chief Andy Serwer and David Nelson, chief strategist at Belpointe Asset Management.
Doha disappoints oil bulls
Was Doha really a dud? Markets are still digesting the news that there will not be a production freeze. Crude oil was down as much as 4% in early trading but has bounced back a bit to around $40 a barrel. The persistently low price of oil is starting to reveal cracks in the finances of petro-nations.
Disney shake-up hints at new strategy shift
We're now starting to get some clues into the shakeup at the Mouse House. Bloomberg reports that a cadre of execs moving up in the Disney C-suite are known for their cost-cutting prowess, and this signals a new shift in strategy. It also suggested a lack of confidence in former COO Tom Staggs' ability to cut costs.
Netflix earnings on tap tonight
Finally, Netflix earnings will break after the bell tonight. Analysts are expecting revenue to jump 24% year over year, with new subscribers in the U.S. expected to top 1.7 million.