Davos WEF: Ian Bremmer & Salesforce's Marc Benioff

Stocks (^DJI, ^GSPC, ^IXIC) are slightly down at the midday mark. Consumer staples (XLP) and utilities (XLU) are leading the way today, each up over one percent, with financials (XLF) the most in the red. That’s despite a strong run-up Friday and a blockbuster earnings report by Morgan Stanley (MS) before the bell. The bank beat on both its top and bottom lines, but that hasn’t helped its share price, which is down nearly 3% today. Meanwhile, stocks and bonds have been quiet, and the big movers have been the currencies, with the British pound getting a huge boost over the US dollar. That’s after British PM, Theresa May, outlined her plans for the Brexit. The dollar is also down against the euro and the yen.

Live from Davos

Alexis Christoforous and Yahoo Finance editor-in-chief Andy Serwer are live in Davos, Switzerland, at the 47th World Economic Forum. They are joined by Ian Bremmer, president of the Eurasia Group and Marc Benioff, CEO of Salesforce.

We also check in with Justine Underhill in our New York City studio for a quick take on the markets and to discuss the upcoming Snap IPO with Yahoo Finance’s Melody Hahm.