Valentine's Day 'I Love You' Costing More This Year

Morning Money Memo:

Do you plan on telling your sweetheart "I Love You" with a sweet treat this weekend? Well, that Valentine's Day candy fix may cost you a bit more this year. Chocolate makers raised prices as much as 8 percent last year, according to the New York Times, to compensate for rising cocoa global prices. Despite a slight drop off early this year, cocoa prices are on the rise again this month, approaching $3,000 per ton on increased demand overseas. The cost of cocoa topped $3,200 last summer amid Ebola fears in Africa.

U.S. Markets are looking to end the week on a high note. Stocks are up this morning as global markets are largely positive, following a strong day for equities Thursday. The Dow gained 110 points as global markets thrived following the Ukrainian peace negotiations. European stocks are up this morning after discussions for a potential solution to the Greek debt crisis turned positive Thursday, striking a hopeful chord for investors that a deal will be reached soon. Stronger GDP numbers for the eurozone, particularly out of Germany, also helped to boost stocks this morning.

It will be 50 shades for the four-day weekend. Romance flick "Fifty Shades of Grey," based on the bestselling novel, is expected to comfortably win the extended holiday box office. Conservative estimates have pegged the film's domestic earnings at $50 million, with some predictions anticipating a $100 million global take for the R-rated film during the four-day Valentine's Day weekend. New release "Kingsman: The Secret Service" and last week's top earning, "The SpongeBob a Movie," are also expected to benefit from the extra viewing days; both films could gross $30 million apiece over the weekend.