e*trade from morgan stanley >>> welcome back i'm sara eisen.reasury department here in washington d.c. where in a few moments i'll bring you an exclusive interview with treasury secretary janet yellen. secretary yellen already made some news saying she thinks the last mile push down to 2% inflation should be move. we'll dig into that call as well as her outlook for 2024 in the next hour of "squawk on the 'lbeig bk.." wel rhtac all right, sheila, are you throwing a dress like a dad party, a birthday brunch, or a vow renewal for your dogs? yes! the right drinks delivered for any party. drizly. ♪ ♪ the right drinks delivered for any party. ♪ ♪ ♪ ♪ >>> let's get to jim and stop trading. >> there was a note this morning that i really liked. which is a price target boost for union pacific by citi. they talked about how they like all the rails. they said this is the group to play for a turn. you know, one of the things i like is jim bennett is the new ceo. came in and bought a million dollars of stock. i've been looking at companies with insider buyer

sara eisen has the very latest. sara? >> hi, melissa. this is a bit of a good news/bad news situation for investors. on the good news front, nike's really ramping up the profitability here. that was evident in the numbers and the comments in the release. $1.03 was a big beat. gross margins came in, as well. you mentioned the cost savings plan, $2 billion. they say they're going to do that by similarplifying product assortment, streamlining organization, ie job cuts. and leveraging scale, nike says, to drive greater efficiency. in the release, this is unusual, the cfo matt friend is quoted by saying, we are shifting toward more profitable growth as we look ahead to a softer second half revenue outlook. those comments, you think, getting a lot of attention, because they are warning about the second half of the year, and reminder, nike just reported its second quarter. that was also evidence in the numbers today. 1% overall revenue growth, revenue growth in its key market, north america, shrinking in the quarter. europe shrinking in the qua

i'm carl quintanilla with sara eisen live on the floor of the new york stock exchange. for your money. >> that's not the only change on your screen. this hour is now

i'm sara eisen with frank collins.ortsten slok and can the rally continue with 72% of the stocks in the s&p 500 underperforming the index this year. >>> and home builders etf on pace for the best year ever. what's all of this mean for housing affordability next year? and how can investors play the market? we will discuss. >>> and the ceo of health compan

i'm sara eisen live from post 9 of the new york stock exchange.

i'm sara eisen.ficent seven dominated the market in 2023, wilmington's trust is betting on small caps for the new year. the russell 2000 rallying 20% in the last two months. >>> mark mahaney and why he says expedia

sara eisen is off today.d in m&a in the sector or will the regulatory environment keep some buyers at bay? we'll talk about it. >> plus, the ceo of fifth third on the rebound in regional

i'm sara eisen with mike santoli live from the floor of the new york stock exchange. the rally and the timing of the firs

i'm sara eisen with david faber, live for you as always from post nine of the new york stock exchange. stocks in the early action, little changed on the dow. the s&p up 0.4 and tech is coming back, up about 0.6. shouldn't say coming back, had a strong day yesterday as well. part of the reason the treasury rally continues, and it has been a powerful one. we're seeing the 10-year note yield 4.1%, firming up a little bit but the theme has been lower yields and treasuries higher. the 2-year below the level. movers we're watching, amg rallying after news that meta openai and microsoft plan to use the company's newestartificial intelligence chip. the ceo saying her company's new offering would cost less to buy and operate than rival nvidia's ai chips. the chips slated to begin shipping next year. >>> rough morning for ryan cohen as shares of two of his companies sink. both gamestop and online pet company chewy reporting revenues short of system. some ugly reaction for chewy. watch dollar general as well. profit topping system, adjusted earnings did fall to five-year lows and same-store sale

i'm sara eisen with david faber. welcome to "money movers."but a warning in technicals weighting? our next guest says the burden of proof falls to the bears. jeff de graaf is coming up. >>> the ceo of pg&e will be here at post 9 on the recovery of her business, her controversial plan to put california's power lines underground. >>> call it pretzel logic. a resilient consumer stayed snacking durg the height o

i'm carl quintanilla with sara eisen.d with the messaging from the fmoc. >>> with nearly $400 billion in assets under management, mike arougheti. >>> and cantor's howard lutnick. >>> and right now in the

i'm sara eisen with. carl, jim and david have the morning off. up 62 points on the dow. nasdaq pointing to an up start as well. s&p up eight in the early action. our roadmap will begin with the market rally. major indices in the midst of an eight-week win streak. shipping giant mayors preparing to resume travel in the red seas. >>> the white house declining to veto banning imports on watches. >> we kick off a holiday shortened weevenlth it has been amazing to see the resilience and strength of this rally, scott. even the strategists put out their s&p year-end targets about a month ago. we're close that that. >> you have to throw those out and the garbage because of what we've done since november 1st. dow up 13%, s&p up 13.5%. now talking about all-time high watch. we're going to open above the all-time closing high for the s&p 500 which was 4,796. keep an eye on there. the intraday all-time high is 4,818. the run since november 1st has been nothing short of stunning. >> the rally in the bond market, 100 basis point move lower in the ten-year yield. we're also breaching a

i'm sara eisen with david faber, live for you as always from post nine of the new york stock exchange to goldman sachs for a big interview next hour with the firm's co-head of global banking and markets. we're going to check in with him in just a few. take a look at stocks right now. we're up, we're down we're up now about 90 points on the dow and heading north. the s&p 500 up 0.2 we're going to talk about the jobs report and the reaction we're getting. treasury yields also just to give you a flavor of the initial take, they sold off in reaction to jobs and continue to do so with yields firmer 4.1 on the 10-year to 4. 2 and that's where we are. 30 minutes into the trading session. movers we're watching, carrier global a top gainer on the s&p and honeywell's a laggard after the news that carrier is selling its security business to honeywell for about $5 billion shares of rh are under pressure. the high-end furniture retailer blaming high mortgage rates and frozen housing market for it surprise third quarter loss. we're watching lululemon as well the company's outlook for the holiday qu

i'm sara eisen with mike santoli from post 9 of the new york stock exchange. >>> td cowen president jeff solomon on why he thinks the fed should hike another 25 basis points next week. >>> and torsten stock. >>> and the story we've been waiting for, swiftswiftnomics. a true reach of taylor's web and the billions it's generating. >>> our first look at the market. the s&p 500 up almost three-quarters of 1%. a lot is alphabet and amazon getting a good lift. the dow is basically flat. the russell 2000 up about 0.50%. treasury yields, sara, kind of getting some traction here. and we've rallied a lot, 4.15 is where the ten-year is sitting. you were talking about the pretty benign jobless claims number that disturbed the system. and i think it's fair to ask if we're going to maybe hit a near-term floor in yields. i've seen a lot of work that says they're oversold. we'll see what the jobs number has for us tomorrow. >> i think the key would be weakening data could add fuel to the treasury rally. and increasing talk that the fed is okay with looser financial conditions. which is what we got from

i'm sara eisen with carl quintanilla.e both live from post nine of the new york stock exchange. david faber live with us from morgan stanley's hq in new york city ahead of his interview later this hour. take a look at stocks in the early action. we're rebounding. the dow up 250. s&p 500 up 0.8%. after that intraday slide yesterday which we'll talk about. yesterday, pretty steep one. worse day in three months. treasuries take a look. the trend has been a bond market rally in lower yields and where we sit again. 10-year note yield 3.8%. 30-year on 4%. the 2-year 4.3%. those lower yields continue to move south. 30 minutes into the trading session, here are movers. shares of micron rallying after delivering an earnings beat, raising guidance to memory chipmaker ceo with us last hour expecting pricing to continue to increase because of the improving demand-supply balance. carmax is rallying. the used car retailer beating profit estimates thanks to cost cuts overshadowing a sales miss as average vehicle prices fell and announci

i'm sara eisen with mike santoli. we're continuing to monitor the bank ceo hearings and we'll bring you the latest headlines as they happen. in the meantime, here's what else is ahead this hour. lots more from the ceo of walmart, doug mcmillan, exclusively. his take on the jobs market, pricing, and the rise of weight loss drugs. >> plus, the ceo of campbell soup is with us. how does ceo mark klaus plan to turn around a stock that has underperformed the ceo 500. >> and omar agular breaks down why the fed has enough support now to end its tightening cycle. >> but first, the markets, large-cap indexes, modest gains. the s&p 500 a bit off its highs. nasdaq off a quarter of a percentage point, although, sarah, another one of those days where the average stocks doing a lot better. yesterday was a pause. bank stocks, as the ceos testify on capitol hill, up more than 2% as a group. migrating back into more cyclical areas of the market. and it seems like we keep feeding on economic data points that seem to validate the soft la

i'm carl quintanilla with sara eisen live at post 9 of the new york stock exchange.t expect cuts? gary gensler, new rules on cyber security and short selling, plus the latest on how he's tackling a.i. and, of course, crypto. >>> how are airlines going to maintain pricing power in '24? we did see southwest under pressure yesterday. frontier's chief executive going to join us. >>> right now,

i'm sara eisen with mike santoli live from the floor of the new york stock exchange.treet debates the pause in the rally and the timing of the first fed cut. chief market strategist is here on why it's hard to argue for any move before march. >>> hall of fame retail analyst matt boss from jpmorgan, his big es headline from this holiday shopping season so far. >>>could a rise in sports betting lead to a rise in the housing market. >>> s&p 500 marginally positive. the nasdaq recovering after a couple of weaker days. up about two-thirds of 1%. there had been rotation in prior days in favor of smaller caps and nontech stocks. that seems to be partially reversing today. topping the tape this morning, the disagreement about the path of the economy and what's next for the fed. are investors right to expect and hope for rate cuts? steve liesman is with us to go through this debate. hey, steve. >> hey, mike, good morning. yeah, it's getting kind of serious, this growing disagreement between the market and the fed. if you take a look at the probabilities, first of all, we're sh

i'm sara eisen with mike santoli. continuing to monitor the bank ceo hearings and we'll bring you the latest headlines as they happen. in the meantime, here's what else is ahead this hour. lots more from the ceo of walmart, doug mcmillan, exclusively. his take on the jobs market, pricing, and the rise of weight loss drugs. >> plus, the ceo of campbell soup is with us. how does ceo mark klaus plan to turn around a stock that has underperformed the ceo 500. >> and omar agular breaks down why the fed has enough support now to end its tightening cycle. >> but first, the markets, large-cap indexes, modest gains. the s&p 500 a bit off its highs. nasdaq off a quarter of a percentage point, although, sarah, another one of those days where the average stocks doing a lot better.

i'm carl quintanilla live from goldman sachs trading floor in lower manhattan sara eisen at new york stock exchange a rare interview with goldman's head of equities >>> the white house's response to the jobs report cea chair jared bernstein live from washington. >>> natural gas down 50% this year, but the largest nat gas producer in the u.s., eqt in positive territory the ceo will join us on the divergence between the stock and the commodity. >>> first up, though, carl, let's hit the markets and the reaction to the jobs report. it's been swinging around. we are higher across the board right now. the s&p 500 is up 0.3 of 1%. energy is the top-performing sector, getting a bounce back in crude. materials are higher, industrials, information technology, financials and consumer discretionary they're all higher it's helping the nasdaq as well, especially some of those tech names that are doing the best today. we've got strength in some of the media names like warner bros. discovery, which is up 7%. paramount also nvidia higher. that's always a help topping the tape this morning, today's ec

sara eisen sat down with doug mcmillan to get his thoughts. >> hello, nice to see, everyone.mart is in the middle of the key holiday sales season, and is warning about a softening consumer. i sat down with doug mcmillan, the ceo of the country's largest retailer to talk about his strategy right now, and where the consumer is headed. he says customers are really price sensitive right now, but that overall, he's been pleasantly surprised at how strong the consumer has been this year, and at this time. it may change. listen. >> i don't know what next year is going to look like, as credit balances go up, the balance sheet of the consumer is not as in as good of shape as it was 6, 12 months ago, a year ago. we may find that we are back to growth rates that look like 2018, 2019, in terms of total retail. we just think our opportunity is greater than that and we can grow faster than whatever the retail market grows. >> 2018, 2019. i said, do you expect a recession? mcmillan said no. he is also seeing inflation come down, which is helpful for consumers, we know, but -- >> not for gro

. >>> good tuesday morning i'm carl quintanilla with sara eisen.y. >>> walt bettinger, what he's seeing from his retail vinnester clients and a possible reversal for regional banks. >>> bruce richards, $20 billion under management what does bruce see ahead for stocks, private credit and m&a >>> first, though, stocks, a record high on the

i'm sara eisen with david faber, live for you as always from post nine of the new york stock exchangek at stocks taking a pause in the post-fed rally. fed commentary we'll talk about in a moment. the s&p 500 is little changed. the nasdaq is higher. dow a little bit lower as well still tracking for an up week but does look like we're taking a pause in the action. treasuries, the dow down about 80 points at this hour. the 10-year note yield is down below 4% and is still -- treasuries are getting bought today. 2-year yield a little bit firmer, 4.42%. technology, communication services and materials are the sectors that are higher. everything else is lower. health care the biggest loser. 30 minutes into the trading session, here are three movers we're watching. after closing at an all-time high yesterday, lennar one of the biggest laggards in the s&p despite beating earnings estimates. the country's second largest home builder says even with higher mortgage rates it delivered 19% more homes than a year ago. costco is a top gainer on the s&p beating earnings system for its most recent quar

i'm sara eisen with. carl, jim and david have the morning off. up 62 points on the dow.he early action. our roadmap will begin with the market rally. major indices in the midst of an eight-week win streak. sh

. ♪ >>> good monday morning, welcome to "squawk on the street," i'm david faber, sara eisen, post nines highest close since march of '22. the stock set for a muted open. >>> plus we got deals in focus this monda

. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm sara eisen with scott wapner live and david have the morning off. take a look at futures, improving throughout the morning. getting a higher start, at least, if you look at s&p and nasdaq futures, both pointing higher. dow futures, unchanged. our road map begins with the stock market momentum on wall street. the s&p 500 within 0.5% of a record closing high. >>> also ahead, tesla joining the december rally. the stock doubling year to date ahead of the company's quarterly

." ♪ >>> good friday morning, and welcome to "squawk on the street," i'm sara eisen with bob pisani.ave the morning off. last trading day of the year, taking a look at futures. will we get a record close for the s&p? i don't know. looks like another quiet day, futures pointing up, dow futures up 12 points. dow, by the way, at a record high. nasdaq 100 at a record

. ♪ >>> good thursday morning, and welcome to "squawk on the street," i'm sara eisen with bob pisaniand david have the morning off. take a look at futures right now. as we just continue this win streak, we're right in the middle of the santa claus rally. looks like the dow futures are pointing to a lower start. everybody else is higher. nasdaq futures up 45, s&p futures up a bit. we're less than 0.3% away from a record closing high. we'll see if we can ge