break out your rally caps. wall street pointing to another strong open. trade war fears receding this after the dow posted its third biggest gain in history. and it's not just here green arrows around the globe. we're live in london and singapore with the latest. and a hat trick of deals topping your business news one at the mall, one at the pharmacy, one in your home office details ahead on this tuesday, march 27 "worldwide exchange" begins right now. ♪

>> hello, everyone i'm brian sullivan thank you for watching from wherever in the world you might be we have a big move down for bitcoin to tell you about. right now here are your top five at 5:00. the five most important things you need to know now one, the rally rolls on. futures pointing to a higher open following yesterday's big moves higher right now dow futures indicating a jump of 100 points at the open deutsche bank is looking to replace its ceo. the german lender is looking to poach somebody from goldman sachs for the job. arizona's governor is suspending uber from testing self-drivinging cars on all public roads that follows a fatal crash earlier this month that killed a pedestrian. mall operator brookfield properties buying general growth properties for 9.$9.25 billion. and north korean dictator

kim jong-un reportedly in china. this could be his first trip outside of north korea since taking power seven years ago let's start with your top story. what else can that be? the global market rally. it is hard if not impossible to find red in any of the major international markets. as always we have full team coverage here on cnbc. joumanna bercetche is ready to bring you the big european trade. let's kick things off overnight with the action in asia. nancy hungerford is live in singapor singapore. >> hi, brian risk is back here. i can tell you investors got a big sigh of relief in asia on signs of compromise between the u.s. and china when it comes to trade. w across the board every single market in the green today. that return of risk did see the yen ease off recent highs against the dollar

that was good news pore t s for k nikkei 225 the second biggest gain here among the movers, tech names, exporters, yes, they were helped by that currency move but these names are the most exposed to an escalation for any tit-for-tat we're talking about toyota higher by 3.8% sony, honda, canon and nissan as well higher by 2.3%. the relief rally fully in play in asia. let's get out to joumanna bercetche in london. >> the theme is one of broad-based buying in europe ftse 100 has broken through the 7,000 mark we broke to the down side last friday, and now we're up above it similar story for xetra dax. the german index is up 1.8%.

you can see cac currant, the french index and ftse mib are also posting strong gains. perhaps not as strong as the nikkei and dow yesterday, but still healthy start. technologies, autos and healthcare are leading the charge here. no surprise that cyclicals are outperforming. on the down side, real estate and retail who are lagging a bit. as you can see, every single sector in the green. european equities are setting off for a strong trading day indeed back to you. what a nice way to start the day in the states. everything is up and in the green. just like stock put pictufuturee bond yields are not moving a whole lot. yields holding at about 2.84%. oil does continue its slow slog higher crude here around $65.75 a

barrel no big change in the currency markets. bitcoin, ouch. another tough day for bitcoin and its investors. bitcoin falling more than a percent. twitter now banning all ads related to cryptocurrencies, that follows facebook and google gold down just a touch joining us now is gina sanchez, a cnbc contributor she's in london this morning thank you for joining us yesterday's rally, unbelievable. the third biggest point gain of all time what did you make of that massive rebound? do you believe it's sustainable? >> if you look at the rally in context, the rally has not been able to push over recent highs so each new high is coming in a

little lower than the last high. the rally tells you all of this volatility is happening in the midst of an otherwise positive global story that global story keeps coming in and coming to the rescue when news hits the headlines. >> do you believe that the world should be so optimistic given headlines or is this a case where the news is in some way nos and things underneath the engine remain strong >> it's hard to say. if you look at the elements that the market is concerned about, they there are things like protectionism. you know, right now we're hearing news that this might blow over. things might work out. that's driving the markets back up so, you know, we're in a bit of an information overload right now. also we don't have the information. protectionism is one element

concerns around geopolitical risk is another element. there it's just basically looking at who has been selected to the new administration. and what that means. these are things that the markets don't like though don't like protectionism or geopolitical risk then there's the facebook debacle. that's a big broad story >> they don't, but the reality, i think, is that the markets don't like protectionism but all we have now is really talk of protectionism. we have not seen a lot of actual action we have to remember that do you think we'll get some? do you think this is just talk and everything comes out well in the end? >> the response has been really strong against that talk you know, it would seem to me that cooler heads should prevail. right now nobody believes there are cool heads in the room so i think that's the bigger concern. under normal circumstances i would think this would blow over, particularly given the

response you're getting from business leaders, from the rest of the world and quite frankly if you look at the rally, the rally is entirely predicated on a global environment that is supported by trade. so why would we take ourselves out of that story. >> i don't want you to dive too big into the sticky world of politics, gina, but do you believe again that maybe this is a case where the market is realizing that the president is saying stuff, but behind the scenes there are people that are just simply working quietly to figure this out as the treasury secretary implied? in other words, maybe what we hear from the highest level is not actually what's happening? >> well, i think that continues to be the case it tends to be -- this is oddly, you know, buy the rumor, sell the fact kind of situation the fact is that the markets are freaking out every time we see a new tweet.

then it turns out things are not quite as extreme as that tweet would have suggested yeah i agree there's the possibility that this works itself out in negotiation behind the scenes. and one would hope that that is the case the market has started to price itself for more volatile outcomes >> i'm beginning to think twitter might be the trailer, but the actual movie is slightly different than that 30 second clip i'm just throwing that out there. gina sanchez, appreciate it. the bankers are quite busy because we have got a trifecta of big deals on this tuesday one in malls, one indrugs and one in chemicals brookfield property is buying the rest of ggp for 15.3 billion in cash and stock. ggp earlier rejected a lower priced offer they owned more than 100 higher-end malls, mostly in

america. this will create one of the biggest real estate owners glaxo smith linkline is buy novartis last week glaxo dropped out of the bidding for pfizer. and akzonobel is selling its specialty chemical division to carlyle group and gic for 12.5 billion. shares of the dutch company are higher carlyle has said it will keep the business intact and will protect workers salaries and benefits if you are counting along at home that's 40 billion in deals on a tuesday we are just getting started on "worldwide exchange." up next, a big blow to uber. arizona pulling the plug on the self-driving program full details ahead. and the latest on the continued facebook fallout we want to know what you think, world. would you pay an annual fee to

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. welcome back to "worldwide exchange." good morning if you're just waking up let's get you up to speed in the market action. looks like another solid day for the equity markets the dow with an implied open of 144 points to the upside this would follow yesterday's rally, the third biggest point gain of all time bond market not moving quite as much the ten-year holding steady around 2.84% some individual names to watch here red has the repo redhat reporting better than ex pe expect ed fourth quarter results. the ceo will join "squawk box" this morning at 8:40 a.m shares of overstock.com are getting whacked this morning the retailer saying it will issue 4million new shares. the company under investigation over the selling of digital tokens by its cryptocurrency subsidiary. and good news for all of you

whose kids may suffer from peanut allergies anaptysbio getting permission for a clinical trial to help treated them good news there for that company. in other corporate news, arizona suspending uber's self-driving car test following a fatal crash earlier this month. contessa brewer has more >> the governor sent a letter to uber halting the test of serve-driving cars on public roads. last week a self-driving car killed a 49-year-old woman uber already stopped test driving, and then police released video of the crashariza arizona's governor called it s disturbi disturbing investigators are still looking into the accident. the video shows the woman crossing a four-lane highway at

night while the human driver did not have eyes on the road at all time the governor calls this crash a failure. this is a different tone from 2016 when the governor said the state welcomed the self-driving cars with open arms and open roads. california regulators had also shut down testing for uber not having proper permits. uber says it will keep an open dialogue with the governor's office to address concerns it will be interesting to see how they put this into perspective. we have seen record numbers of pedestrians killed last year almost 6,000 pedestrians killed nationwide it's been on this steady incline for several years. how they put that in perspective with what was clearly a failure in their testing will be something to watch >> it's a sad story on many levels when you look, there was an in-car camera that was released. it's hard to watch

there's a human occupant who is supposed to be the final safety switch, clearly looking down at what appears to be a phone more changes on the human side coming as well, i would imagine? >> i think that the question about whether a human in a car at night, someone is crossing, would we have the reaction time to see that and notice it? maybe. >> was dark. the car was moving at a good clip >> and jaywalking is illegal we depend on computers not to make mistakes that humans make to see that didn't work in this case will be something that ub hear to account for. >> thank you very much. also more xhechcommentary ad reaction on global trade, this time from the ceo of johnson & johnson. alec gorskey is in china and talked about the impact any trade fight could have on

johnson & johnson. >> we think that having first of all fair equitable trade around the world is in everyone's best interest, for all companies, all countries. >> you can see more of that interview now at cnbc.com. why today could be another big day for stocks and your money. we'll show you the futures and the co-founder of myspace is out bashing facebook piling on to the hashtag delete facebook movement first, let's find out if there's spring getting closer here in the northeast. please here with the northeast weather forecast, bill karins. >> good tuesday morning to you we are watching thunderstorms in the southern plains. that's the story of the day. we'll get two things out of this severe weather and flash flooding threat. today we have about 9 million people at risk of severe storms.

slight risk of isolated tornado or two the biggest threat is the wind damage and the hail. and then these storms are going to train over the same areas later today. so we have a moderate risk of flash flooding tyler texas, and texarkana and little rock. even tomorrow we do this all over again a slow-moving storm. tomorrow a moderate risk of flash flooding we're targeting that area from southern portions of arkansas, another northern louisiana into northern mississippi that's two to four inches, maybe isolated five-inch rainfall totals that will cause problems and damage east coast looks fine. still chilly but good for your atdsel nee th's your business travel forecast more "worldwide exchange" when we come back and serve with confidence that it's safe. this is a diamond you can follow from mine to finger, and trust it never fell into the wrong hands.

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good morning, good afternoon, good evening, thanks for joining us if you are just joining us, your futures are looking strong we are indicating a higher open to the tune of 135 points on the dow. that could change, but the rally from yesterday should continue today. not a big change in the currency market the u.s. dollar to euro ratio about the same oil is something to watch. oil continues to slog higher it is now in the high 65 buck a barrel range pay attention. gasoline prices are 32 cents a

gallon higher now than they were this time last year. time for the top trending stories on this tuesday. myspace co-founder tom anderson, aka myspace tom to many of you is enjoying the recent difficulties of facebook anderson retweeted a cartoon from the digital publication futurism that depicts him as obi-wan kenobi with the caption help us myspace tom, you're our only hope, #deletefacebook and many people used to ask where in the world is carmen sandiego the answer is netflix. the streaming service has plans to turn the property into an animated series. and opening day for baseball

is on thursday fans are pumped but maybe not quite as excited as this awesome dog. the dog is officially -- he's not running around he's a grounds keeping assistant at the spring training assistant for the marlins and cardinals. the dag was caught checking out the sprinkler system and having fun. now to a major sports milestone on the ice last night. the vegas gold e e en knights clinching a playoff berth. no expansion team in any of the four major sports has ever achieved that mark until now congratulations to the vegas golden knights. a scary situation with sus person sh suspicious packages topping your early news this morning the fbi and

military are investigating six suspicious packages sent through the u.s. mail to military and government facilities in the washington, d.c. area. some of the packages contained explosive material no one was hurt, but the fbi is investigating. wilbur ross announced the next census will ask a question not posed since 1950 are you a u.s. citizen ross argues it will better enforce the voting rights act and improve accuracy. california's attorney general says he will sue the trump administration over the citizenship question, saying it's not just a bad idea but illegal. and trailblazer linda brown was the kansas girl at the center of the 1954 supreme court case brown versus the board of education. it struck down segregation in schools. her father became the lead plaintiff in the case when he tried to enroll her in an all-white school in topeka he fought to victory in the supreme court. and in doing so he changed the

course of history. linda brown was 76 years old >> one of the most important cases in u.s. history. on deck, more on the global market rally we'll show you how much futures are up. and has the death of the mall been exaggerated in what a massive deal may say did the stock of retail. and we'll talk about yesterday's 660-point gain and we'll show you a stat on how that ranks overall that's your morning rbi. that's ahead but i'm not standing still... and with godaddy, i've made my ideas real. ♪ i made my own way, now it's time to make yours. ♪ everything is working, just like it should ♪

stocks set to rise again following yesterday's big move why the sudden return to optimism we'll find out. it's not all wine and roses. the fallout growing for facebook the latest on that stock and companyahead. and what a new $15 bri1$15 deal may say about the state of the shopping mall. it's tuesday, march 27 you're watching "worldwide exchange" on cnbc. ♪ good morning welcome to "worldwide exchange." i'm brian sullivan thanks for watching from wherever in the world you might be if you don't like the color green, turn away there's a lot of green on your screen today equity futures state side

indicating the dow should jump more than triple digits at the open this follows yesterday's third biggest rally of all time. a 670-point gain for the dow yields are an important story to the banks and financial stocks the benchmark ten-year yield about 2.84%. asia following us higher the nikkei rose 3% in europe seeing all those markets up more than 1%. a lot of green on the screen today. let's find out why and get more. joining us is j.j.kinnehaj.j.kim td ameritrade. it was all terrible last week. now it's a return to optimism. what changed >> a couple of things. if you look at the history of the presidency, the president says some big statements, everyone gets riled up and then

comes back with something more pragmatic. you've seen it play out perfectly on this scenario with the trade talks. now we're having a conversation with china we'll see where that goes. the one thing i would warn people, as you know, these are not stories that go away like that volatility will continue to be a bit of the order of the day. we may not see it as much for the rest of this week as we head into a holiday week. i find it hard to believe that all of a sudden it's ding-dong the witch is dead. this story goes away i think you'll continue to see it as you know, in europe we may have another story starting quickly here because of the 3% tax that they want to put on sales that are done for some of our biggest tech firms so this trade story may not be just china based, but i think it will continue throughout the summer >> i will say something that is not political, it will sound political but it's meant to help

the traders and investors out there, which is at some point more than a year into the president's tenure we'll wake up and realize that maybe what he says on twitter -- because he doesn't say it on facebook, instagram or other social media feeds, is not something we need to pop a vein over, correct? >> i agree with you 100% i think, you know, a couple of things are going on. first, as you said, it's not a political statement on my end either but you have to watch patterns i'm watching a pattern of how the administration tends to work the other end of it, i think people forget we're in a more normalized volatility environment. the volatility is almost exactly a 20 as we open up this morning. in a market trading at these levels when the s&p is up near 20, a 20 volatility means we'll have 100 point swings on a more regular basis. we had more 1% moves this year

already than the entirety of last year. this is what the market is at these levels now to your point we can't go crazy with every single story. >> i think the president knows that the media is on twitter so i feel like he trolls us on twitter more than facebook and instagram and the other white house official things. if he does care about the stock market, he should know these algorithmic programs do trade off of words let's move to facebook, that's been the corporate story lately. the options market is implying a big move in facebook stock >> if you look at facebook now, first of all you take the last 52 weeks, it's in the 97th percentile in terms of volatility it's up there. the other thing to keep in mind,

if you look out options go to friday expirations if we look out at the expiration, that's 38 calendar days away from today the options are telling us that you should expect an 11% move. $17.80 up or down. options don't tell you a direction. but $17.80 between now and then. if you're going to go in and play this stock, realize that the markets are telling you an 11% move in less than 40 days. if you don't have the stomach for that, be careful going into play everyone wants to be catching that falling knife i think it's important that people realize the risk. you're not talking 11% on 168 there stock, that's a lot of money. if people realize that risk, great. too often people go in and play these things and don't realize the true risk they're taking >> the options market noting a

big move there j.j. with some sage words, we'll see you again. thank you. >> all right let's go back to the macro markets. the industrial sector's performance only slightly lower than the overall s&p despite this market volatility and talk of trade wars. why? let's get a break down of the sectors winners and losers from eric chemi >> industrial stocks have had a wild ride in 2018, especially yesterday when the sector had the best day since the day after the presidential election. for all that drama, the sector is down almost 2% this year. slightly lower than the s&p 500. let's look at the biggest losers in industrials ge, down almost 26% year to date after president trump's tariff announcement earlier this month analysts at deutsche bank said rising raw material costs of steel and aluminum could post significant headwinds for the company moving forward that's on top of its restructuring issues

acuity brands and iconic also down 21% and 14% let's look at the winners. northrop grumman up 15% in 2018. ratheon is up 16%. both stocks have seen a boost since the beginning of the year. analysts expect the defense companies to benefit more from the spending bill passed last week more defense contractors, harris cup, general dynamics, the other top winners this year. back to you. >> is it a surprising thing when you do reporting that people say the industrials, wow, a trade war. this group should be taken out behind the wood shed, but it's holding up well. >> it's holding up well because industrials is such a broad sector, when you have defense companies in there all these geopolitical issues that go along with trade wars, that helps them when you have an industrials bask basket, you have a diversified basket of stocks >> quickly, totally separate note you're our sports guy, you got

up early how big a deal of it it is the vegas golden knights made it to the playoffs >> it's a big deal for how you do expansion teams >> looking for the albuquerque chemis to kick off. coming up how a $88 $9 billn transaction may change your trip to the mall -- assuming the mall exists. first a look at yesterday's best performing sectors. tech scor oared, financials soad wel owou h'lsh yow the market is shaping up today as "worldwide exchange" rolls on

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ads related to cryptocurrencies. on coin base we're seeing bitcoin fall it's down 3.5% to 7929 bitcoin certainly something to watch. you know what else you should watch? retail and the mall. a big deal, brookfield properties is buying the rest of gdp it does not already own for 15.3 billion in cash and stock this comes four months after general growth properties rejected a slightly lower offer. ggp owns 100 high-end mall properties, mostly in america. joining us is jan rogers nippon. i saw this deal and i thought about you. i thought the mall was dead. why would brookfield go out and spend 15 billion on a mall operator >> because the ones they're buying are not dead. but i would agree with you, the mall is suffering. we've seen this huge transition.

i've been saying all along, 400 of those,0 1,000 malls will be going away ggp has been improving they brought in new properties brookfield is a big player in this business you want to be low, small, nimble or big, strong and robust. >> and they're getting bigger. this will create one of if not the biggest real estate operators. brookfield owns infrastructure properties, commercial malls this is really a bid for the consumer, is it not? they'll pick up 125 great properties they already own real estate yes, they're going to basically take over that part of the space. there's only going to be 250 to 300 great malls in america they'll have 100 of them this will put them in position of primacy we'll do fine with the malls in america, by the ones at the bottom have to go away or be

reconfigured or go through reorganization >> ggp filed for bankruptcy seven, rating, ten years ago >> 2010. >> westfield out of australia and simon out of indianapolis, the two other massive mall owners do they have to make a move? >> i sold westfield 26 regional malls, they closed every one of them >> they closed all 26 of them? what were you selling them >> regional malls we were developing >> not great ones apparently >> apparently. so they repositioned their properties to be like ggp, strong properties worldwide. not just u.s more worldwide than u.s. actually with westfield today. ggp, of course, is u.s. based. then simon is still left, taubman is still left, everything below that is in trouble. >> what do they do everything can't be targeted to the high-end consumer.

the majority of the country is not wealthy. is there a play in the middle somewhere? >> there's not much of a play in the middle when you look at what's going on. we have these higher-end malls like king of prussia and garde state -- >> is that a simon property, king of prussia? >> king of prussia is a simon property they put in 47 restaurants -- >> that's the one where urban outfitters has a pizza in it >> yes i love the place they have great stores around it anthropology right across the board. so we're seeing those become show places. and become a real attraction that you will go and do something at not just shop. as a big-time ceo of an operator said to me not long ago, back when we got in the business, we would build a mall and put in places for people to eat now we build a mall and we get them to come to eat and hope

they buy something on the way out. >> it's like airports. come shop and by the way get a flight while you get something to eat buy something at swatch. do you like the deal do you like this deal? >> love this deal. >> was it a fair price >> fair price. >> for a company that was bankrupt eight years ago, 15 billion. >> they've been negotiating. they came in they made an offer they had to redo the offer now the offer is better. my guess is it's a fair, good price for both sides >> bottom line, don't be mealy mouthed. does simon make a deal do you think they have to do something? >> i think that simon has to do something, yes do they have to make a deal? that's hard to say they've been doing the same thing. they hived off the bad properties reinforced the business. they're a great operator, and they have 340 locations around the country. they're the big player i would say between them, would

taubman be a purchase? i don't know that taubman would sell that's another 25 high-end malls that could go into something like a simon portfolio i think there will be deals made there will be bankruptcies of low-end malls and the reconsolidation happens. this is not new. this has been going on since the greeks built the -- >> everything is high-end. everything can't be steaks something has to be the salad. christopher wiley is the whistle-blower in the cambridge analytica data scandal he's appearing before members of uk parliament. we will monitor his comments and bring you key headlines as they cross. we're learning that mark zuckerberg will not answer questions from british lawmakers. instead facebook will send the chief technology officer or chief product officer to appear before the uk parliament. coming up on "worldwide exchange," mohammad bin salman

is in the big apple. the saudi crown prince is in new york and some dig deals may be on the horizon we'll give you more on what to expect from his visit after the break. don't forget to answer our twitter poll of the day. would you pay an annual fee to have an add-free or greater data protection version of facebook nte on our twitter page doot go away "worldwide exchange" is back after this this year, they're not messing around. miracle-gro guarantees results with rich potting mix that uses ingredients fresh from the forest... and plant food that adds vital nutrition so you'll have three times the blooms. they bask in their success. miracle-gro. three times the beauty. one powerful guarantee.

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the saudis, and crown prince mohammad bin salman is in new york he's on the hunt for some investment opportunities hadley gamble joins us now with more on what we can expect from mbs's trip to nyc. >> that's right. hundreds of members of the saudi delegation descending on new york today they'll take part in this u.s./saudi business forum. he has the u.s. secretaries of commerce and finance joining forces to find a way to do more cross-border investment between saudi arabia and the united states you have the ceo of saudi aramco on site and the ceo of neon, that 1$100 billion city they're trying to build on the red sea we have big names from the u.s. corporate sector but it's interesting to note what the public investment fund has been doing, particularly in washington they're trying to woo congress on future deals and investments but also current investments and also with regards to that nuclear deal we spoke last week with the energy minister from saudi

arabia i asked him about that nuclear deal, how close they are to getting that, that could be $8 billion worth of investment of energy in saudi arabia. let's listen in to what he had to say >> our program is first and foremost for civilian purposes we are signatories of nonproliferation as well as the iaea safeguarding agreement. so inspections are a given in the case of saudi arabia >> how close are you to getting that deal with the united states >> i hope soon i hope soon. i think there's alignment. i think the united states wants to be part of the saudi civil program. so do we >> it's interesting to note what's been happening over the last couple of days. we've seen multiple missiles fired from yemen into saudi arabia some dramatic footage as well of the parts of missiles landing in the streets of rehad

th riyadh. with the troubles that saudi arabia seems to be having not only with yemen but with iran in this broader iran versus saudi narrative, deals like this will continue to be on the table. brian? >> if we see a train of 60 s class mercedes surrounded by police, it's not the president in new york city we'll know who it is hadley gamble, busy days for you, my friend we'll see you soon >> joining us now is john kilduff. we used to talk about saudi arabia with regards to oil, now it's all this other stuff. but let's get to oil slow slog higher what do you make of this bullish run? will it continue >> it looks that way one troubling aspect of the rally is the rising tensions in the middle east. >> haven't they always been there? >> it ebbs and flows >> we've seen yemen and saudi

arabia throwing missiles at each other for years now. >> i can go back several years i remember the final year the george w. bush administration -- there was a sense we were this close to seeing an attack on iran by u.s. forces at that time now we had benjamin netanyahu come through the white house, mbs come through the white house, there's more chatter and talk than before about a potential strike on iran by those two countries with us. that's raising a geopolitical premium. if th >> if that happens, the strike on iran of any kind, would that be $100 a barrel overnight, blink of an eye? >> no doubt. you're talking about immense amounts of oil saudi facilities get struck, iran facilities get struck and the strait of hormuz gets shut down easily for a time that's why you're seeing so much fear in the price now. there are other fundamental

issues now the venezuelan state oil company is about to seize up >> production just dropping, dropping >> not only that, now the refineries are shutting down they're on the brink of shutting three or four -- >> so they could be dumping huge -- their oil is not good oil. it's heavy, sour crude if the refineries shut down. they would have to dump that oil on to the global market. they have to get it somewhere. >> funny enough, they won't be processing the oil if they're not getting that oil the chasm is the shortage of fuels in the atlantic basin and latin america where they supply their own needs and we are exporters. it would be great for our refiners, but we'll all pay a much higher price at the bpump >> here is the story about oil you and i for years talked about

supply, supply it seems the oil story has shifted to the demand side the demand continues to grow as the world reflates >> it has. we've seen big demand in europe with their booming economy and china to a lesser extent not as much a part of the equation as you might think, even though they're driving more and there's more automobiles there. the real story has been latin america and ourselves. >> you think demand will continue to rise 1 million barrels a day? >> i think that's a highest mate but we are certainly on a much higher trajectory now. but we'll start to hit the price point now if wti gets to 70 and brent at 75, 80, that translates into higher gasoline prices. >> gasoline prices, 32 cents a gallon higher today than this time -- you know what i love about the media, we say summer driving season, it's also just summer season. john, thank you very much. >> we had summer driving type

demand for most of the past year >> despite ice on the roads for the past month. >> the results of our twitter poll are in. we asked you would you pay an annual fee to have an add-free or higher data protection version of facebook? y'all are cheap. 80% of you said no, you would not pay a dime to anything with regard to facebook 18% said, yeah, i would pay a feed to have an ad-free version. about an hour left, vote see if that changes. we have this random but interesting stat yesterday the third biggest point gain ever for the dow, the biggest two came in october of 2008, single biggest point gain, 936 points on october 13, 2008 11% move here's your rbi. for that kind of percentage move today, you need a jump of 2600

points for the dow teat is random, but i hope inresting. thanks for watching. have a great day "squawk box" is coming up.

good morning rally continuing wall street pointing to another strong opening after the dow posted its third biggest point gain in history. biggest point gain in ten years. full market run down straight ahead and facebook fallout continues this morning the company says it will send a top executive to british parliament to answer privacy questions, but not mark zuckerberg. and billions of dollars of corporate deals to tell you about starting at the mall and pharmacy it's tuesday, march 27, 2018

i'm told it's national joe day did not make that up look it up "squawk box" begins right now. ♪ live from new york where business never sleeps, this is "squawk box. good morning, everybody. welcome to "squawk box" on cnbc. live from the nasdaq market site in times square, i'm becky quick along with joe kernen on national joe day and andrew ross sorkin >> i have to look to see about the voracity of this situation >> fine. someone sent it to me from nbc >> look, another big day triple digit gains in the futures, the dow was up by 669 points yesterday s&p up by 2.7% nasdaq up by 3.25% big moves across the