it is 5:00 a.m., and here are your top five at 5:00. will today be the first day in a long time we don't hit a new record high? futures are down, but never bet against this market. trump and trudeau expressing optimism saying a u.s./canada trade deal is possible. the president calling out google for bias. google taking a shot of its own back we'll show you what it did another ipo on-deck, but can online surveys make you money? and venezuela's last great asset may soon be taken over by a hedge fund, and with it the fate of the entire venezuelan

economy. it's august 30th, and "worldwide exchange" begins right now ♪ welcome from wherever in the world you may be watching. i'm brian sullivan that sitco story is one you have to hear to believe right now to the markets and your money maybe today will be the day the music died, so to speak. futures are lower. we're down about 75 on the dow nearly every day the last few weeks we were making a new high. right now the markets are down but again, it's early. futures could turn around as well all three major indexes are as low as we've seen in a couple days or weeks. ten-year bond yield is ticking higher to 3.87%.

oil is one of the few things that is gaining this morning we're seeing a slight move higher in the price of oil when i say slight, 0.2%. bitcoin is down 1.5% that wild ride there for bitcoin continues to 69.36 we also need you and want you to keep an eye on the indian rupi i don't we don't talk about it a lot. it's hitting an all-time low against the u.s. dollar today. 70.79. the impact of higher oil prices hurting that emerging economy. we'll talk more about that and the coming iran sanctions with helema croft the number to focus on today i . 2,000. amazon is hitting $2,000 for the first time in trade. morgan stanley raised the price target and predicted a 1$1.2

trillion valuation for the company. amazon shares trading above 2,000. 71% gain let's switch gears now top story today, trade president trump and justin trudeau are optimistic about trade negotiations the two countries signaling they are on track to meet a tight friday deadline to reverse the nafta agreement. here's what president trump had to say yesterday at a white house event. >> i think canada very much wants to make the deal i think it will be good for canada if they do. i think it's probably not going to be good at all if they don't. they want to be a part of the deal we gave until friday i think we're probably on track. >> all right now let's talk trade let's talk currencies. let's talk markets we have the portfolio manager of the asian dividend strategy at janice henderson

trade is a global story. a lot going on there, i'll get to that in a minute. i want to begin by asking about the indian rupee this is a massive economy, 1.2 billion people here. what do you think the ripple effects of that slide could be on the equities you own? >> i think what's going on in india is not a surprise. if you look at what's happened with oil prices, you look at a lack of fiscal discipline going on in india now, then you have elections next year, where the picture is more murky than six months ago so i think it's not a straightforward bet as it was even just six, nine months ago alongside that you have issues going on corporate earnings have not come through in the way you expected. i think the macro picture is weak right now in india in terms of ripple effect, i would not be too worried about that

in a way india has let that currency slide they're less concerned in indonesia where the currency has been far more the agenda for the central bank india has a lot of foreign exchange reserves. at a record level recently i think they can protect it if they want to right now they're reasonably comfortable letting it get to where it is. i'm not so concerned about the rest of asia from the impact of india. >> we've seen an immense slide in the prices of chinese equities, primarily domestic chinese shares on the shanghai and shenzhen index are you picking them up? do you view them as bargains or are they still to be avoided >> well, i think one has to be careful in the domestic market volatility is higher some quality of the company is not great. within that there are some real gems we do own shares they have come through with great surprises on dividends, the balance sheet is strong.

margin is sticky great, genuine chinese growth models i wo suld say this trade issue s gone on longer than we think there will be impact on a domestic market because retail element is important there mainland is taking a lot of money out of hong kong, and that will probably continue however, that does create great opportunities for genuine business models in china the end game is not really about trade. it's about intellect cal prual y theft, about this made in china 2025, about those things trade is really a side issue so if china does cut tariffs by 5%, 10%, that's not the end game the u.s. is gunning for something larger than that i don't think that will stop any time soon. >> thank you very much we appreciate you joining us on cnbc u.s

thank you. at the intersection of business and politics, president trump escalating his criticism of going last night. the trump team tweeting out this video appearing to show the search video promoting barack obama's state of the union address and not trump. google said on january 30, to 18 we highlighted the live stream of president trump's state of the union on the google.com home page we have not historically not promoted the first address by the president which is technically not a state of the union address, as a result we did not include a promotion on google.com for this address in either 2009 or 2017. first it was trump against amazon, then trump against facebook, now it's trump against google/alphabet. what does the ft make of all of

this >> it's hard this all started the middle of the night. i think two nights ago with trump furiously googling his own name and discovering the top results did not from news outlets he liked or appreciated. then you had this statement last night about the video and alleged bias unfortunately it's more fake news from the great hater of fake news. google said there was no bias. the video that -- the link on the home page to the state of the union, they gave trump exactly the same treatment as they gave barack obama the bigger question is what is he doing is he declaring war on big tech? can he achieve anything out of it you know, in terms of the sentiment around big tech, whether there's political bias, ranting and raving on twitter about it will go to tilting his supporters against big tech and companies like google. beyond that it's hard to see what the end game is

>> yeah. the idea being google is hitting back president trump, we highlighted this yesterday, but it bears repeating, president trump has now gone after three of arguably the most important five or ten stocks in the united states if not the world. amazon, facebook, alphabet they're big in market cap, big in indexes and big in mutual funds. this is an attack on many of these names, and the market doesn't seem to care >> no, because the market knows it's hot air larry kudlow said yesterday that the administration was looking at ways to regulate google what will they do how do they regulate google's search engine? literally looking for your name on google and being upset about the results does not constitute

big policy movement. and shouting and ranting on twitter -- again, it changes sentiment. beyond that, as the market gave it a shrug, i think that's what most of us should be doing >> you say he can do nothing, but there's some school of thought maybe with amazon and google that the president may be either nudging, hinting, or trying to set up some kind of u.s. government antitrust action >> which would possibly have merit if there was something legitimate to investigate. your guess is as good as mine if there is if the basis of this is i don't like what i see in the newspapers or on news websites which are critical of me, that's not a basis for policy we know the google search algorithm takes into account a multitude of different factors where you are, what other people are reading. you know, various things there is not really a political bias in how the google search

algorithm works. i looked yesterday when i read that trump tweet and searched for trump news, and two of the top three results i got were from fox news, i don't think you would call that fake news or biased so it's all relative what can he do in the short-term i don't think anything longer term, if an antitrust action gets under way, who knows. for the time being the market gave it a shrug. >> the ft, one of my favorite papers, real news every day, but i have a very important potentially career-ending question for you right now is that a fake tree or a real tree behind you? >> i think it's in a pot it's a plant a big plant. a real plant i can confirm live on air it is a real plant >> we'll get that plant its own twitter account. we'll make sure it lives through the winter >> it will

>> matt, thank you very much survey monkey filing to go public this year seema mody has more on that. >> the ipo flurry continues, this time the parent of the online survey company svmk making its public filing for 2017 the company posted a net loss of $24 million on revenue of 2$219 million that compares to a loss in 2016 of 76 million on revenue of 270 million bucks. it's unclear how much it is seeking to raise in the ipo or what is the expected price range. the company plans to list shares on the nasdaq. survey monkey was founded in 1999 providing software to people looking to gather data. it generates most of its revenue from subscriptions and has more than 600,000 paying users across more than 300,000 organizations. so it's spread out

the company financed its business with a substantial amount of debt it says it had about 2$220 milt ond million in debt. sheryl sandberg is one of the company's largest shareholders with a nearly 10% stake. the ipo filing says she will donate all of her shares to her fu fund >> thank you. some big individual stock stories now include software and two retail related names salesforce.com, resulting topping forecasts, but crm is projecting current quarter profits below estimates, it is spending to boost sales and fight off competition. pvh reporting earnings rising 38% that's on higher sales of the

calvin klein and tommy hilfiger brandts. the apparelmaker is raising guidance for the year. guess shares, they're jumping more than 10%. earnings there topping forecast on strong sales in europe and asia revenue came a skosh shy of estimates. the company says it is confident a turnaround has just begun. in other corporate news, papa john's board members are sounding off on john schnatter they issued an open letter refuting allegations that schnatter made about the company's board. the board members said that shot ser p schnatter is promoting his self-interest in an attempt to gain control of the company. we are just getting started. on deck, iran and oil. what global leaders are saying about the upcoming sanctions. and flying in style. a nonstop flight halfway around the world can soon be a reality.

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this wi-fi is fast. i know! i know! i know! i know! when did brian move back in? brian's back? he doesn't get my room. he's only going to be here for like a week. like a month, tops. oh boy. wi-fi fast enough for the whole family is simple, easy, awesome. in many cultures, young men would stay with their families until their 40's. welcome back listen, crude oil is up across the board. natural gas is up. stock futures are not. every day we've been hitting stock market records, nearly every single day one wonders if that could come

to a halt today. let's talk more about oil, energy, security, let's bring in helima croft, who is already on "worldwide exchange" time because you just got back from norway this was easy. >> this was so easy. you were awake already so you were at the munich security conference which was oddly held in norway >> the ons energy conference they brought them together >> i imagine iran and energy sanctions was a huge topic >> it was a big issue. people from india, russia, china all there discussing how they look at world. in terms of the iranian sanctions it will be significant. what people talk about coming off the market and consuming countries may not like the sanctions, but you get the sense they'll be compliant even though china may not reduce but they won't increase tremendously india will be going down >> that is -- this is a huge

story. heem say w people say why do you focus on oil? oil can topple governments think about india. higher oil prices, priced in dollars. the rupee at an all-time low those oil prices are hurting the indian people who may topple the government because of it >> the indian consumer is feeling the effect of sanctions in a way they didn't in previous years. it's a tremendous political issue. india has been yelling at opec please put more barrels on the market the problem is opec is doing everything they can. they may have a couple hundred thousand more in the tank, but with iran coming down, and you brought up venezuela venezuela continues to implode now we're seeing infrastructure issues issues of assets being seized.

that's why this is so important. it's one thing if everybody is producing gang busters, u.s. production bottlenecked. venezuela continuing to collapse iran now looking like it will be a million barrels off the market by year-end. >> in the united states we'll be annoyed if we have to pay 30 cents more a gallon over labor day, but if you go to india, venezuela, you have people that are spending 20% of their pay just to get around >> yes >> they don't like that. >> again -- >> they vote people out. >> they vote people out. they say am i feeling this now because you pulled subsidies off? you had riots in tunisia because they were pulling off energy subsidies. this is an issue for consumers they're feeling the effects in the way they have not before >> outside of food, is oil the

most important commodity politically in the world >> yes it's food and oil. in the developing world, that gets people on to the streets. >> got to eat. got to drive got to fly back from norway. >> yes >> we like it, you're on our time >> thank you >> helima croft, get some rest thank you very much. still to come, story we just referenced, is sitco scitgo set seized and what happens when a super fast tesla, a dangerous driver and a steep train tack come together at the same time video you have to see to believe. it did not end well. darlin'. can this much love be cleaned by a little bit of dawn ultra?. oh yeah one bottle has the grease cleaning power

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estate revenue is the fastest growing part of that. let's get the other headlines from fiphillip mena good morning saying good-bye to an american hero thousands lining up well into the night at the arizona state capitol to pay their respects to senator john mccain. the line stretching for hours with mourners undeterred by the blazing heat mccain will lie in state there until a church ceremony later today before his casket makes its way to washington, d.c sparks fly in the democratic primary debate for new york's gubernatorial race >> since 1965 -- >> can you stop interrupting can you stop interrupting? >> can you stop lying? >> as soon as you do >> andrew cuomo facing a fiery

challenge from cynthia nixon the two candidates clash on everything from new york city's embattled subway system to president trump. new yorkers will get to cast their votes on september 13th. and here you are aaron rodgers, he is now the nfl's highest paid player. the packers quarterback agreed to a four-year extension worth 1$134 million if he remains a top quarterback and the packers keep making the playoffs, that deal could be worth up to 1$180 million brian, i have been watching football my entire life. i think he's the most skilled quarterback. >> no doubt. i live part of the year just north of green bay, i love aaron rodgers, but he has nobody to throw the ball to. jordi nelson is gone you're from el paso who is your team >> i am. i like the texans. i grew up watching john elway, but once i moved away, i'm all about the texans deshaun watson, j.j. watt, they're bringing it.

>> phillip, thank you very much. still ahead what to expect 50 million people will hit the road this weekend. it's going to be great we'll be back after this

futures pointing to a lower open as stocks coming off another record day and amazon topping 2,000 in the premarket.

seizing sitco. will venezuela's last great asset be taken away? and this tesla taking serious air and doing some serious damage it's august 30th and you're watching "worldwide exchange" on cnbc ♪ >> wait until you see that tesla video. thank you for being with us. we have a lot to get to. let's get the latest from seema mody >> let's check on what's leading cnbc.com right now president trump and justin trudeau are optimistic about their trade negotiations the two countries signalling that they are on track to meet a tight friday deadline to revise the north american free trade agreement. president trump escalating

his criticism of google last night tweeting this video appearing to show the search engine promoting president obama's state of the union addresses and not his own. google defending itself responding it did not promote either obama or trump's inaugural addresses in 2009 or 2017 it says that's because they were not technically state of the union addresses but rather addresses to a joint session of congress in tech news, apple acquiring a startup that makes lenses for augmented reality glasses. the company is called akonia holographics. the purchase price has not been released but the company is based in colorado. >> very cool stuff thank you. here's how your money and investments look right now stock futures looking like this rally may be coming to a pause today. dow futures down 77 points

you never know this market has been down a lot the last couple of weeks and rallied throughout the day overnight in asia, a similar story. a lot of red on the screen not as much as you might expect. shanghai down 1.5% it's had a decent run. the european markets, not much on the move. let's move to the big story. one that is a decade-long tale that may be coming to an end with it perhaps the economic fate of venezuela. in a few days federal marshalls could seize sitcitgo and put it for sale it has to do with a 1$1.4 billin debt owed to a hedge fund and venezuela's inability to pay that debt. venezuela effectively owns citgo. let's discuss this further with ross dahlen. this is a complicated story. it's a big story a long story the bottom line is this, how

likely is it that venezuela loses its last great cash cow in citgo? >> it is an amazing story. it's very likely theu.s. marshals have served and we have the federal warrant pdv holding, they own citgo. they have been served with this 1$1.4 billion write of of attat as they call it. venezuela appealed to the court of appeals, but so far the court has not stopped it or stayed the actual warrant writ of attachment >> it's kind of a desperate situation for venezuela. there's a few ways out here as i read it. correct me if i'm wrong. if they just put up this 1.4 billion they owe this fund, they

could keep control but they obviously don't have money. they have taken a loan in the past from russia's rosneft for 1.5 billion, which controls 49.9% of pdv holdings. is there a chance they could either pay the debt on their own or get help from uncle putin >> i don't think so. rosneft has entered into the fray in the federal court in delaware they said they don't want it to be sold without their approval, and if it goes to be sold, they immediately get to force on the underlying corporations that own citgo, their debt would be made payable. >> so basically rosneft becomes a creditor

how likely is it venezuela loses citgo? this is their only source of revenue, what happens to venezuela? >> they do rely heavily on the u.s. market, but there are other companies in the u.s. -- actually citgo is not even the largest purchaser of venezuelan oil in the united states citgo runs about 750,000 barrels a day through three main refineries venezuela sends more oil to companies like pbf, and they can survive without it they were trying to sell citgo and get rid of it because they knew all these things were happening with chavez and that it would come home to roost, now it is. >> as i understand t citgo kicks off a dividend to pdv holdings which kicks off a dif vevidend

the government of venezuela. citgo effectively takes most of its cash flow, does it not, and directly puts it in the pocket of the maduro regime >> it did until this year. the u.s. government prohibited citgo from upstreaming more dividend to the shareholder venezuela. so they're not allowed to do that anymore but they have done it. one of the purposes of the lawsuit is that they were saying this was a fraudulent transfer because citgo couldn't sell it, so they put 2$2.8 billion of det on citgo in an attempt to mortgage it to the hilt. >> here's a question you may not be able to answer. citgo was valued between 8 billion and $10 billion, three refineries, 39 oil terminals,

retailers. crystal x is owed 1.2 billion. if they sell citgo, what happens the other 6.5 billion to 8 billion? does that go to venezuela? >> it would theoretically. however they have loaded it up with about 4$4.2 billion in debt on top of that at the citgo holdings level they have another 1.5 billion that they owe to rosneft and 2.5 billion used as a guarantee. >> so it's already gone. >> it's mortgaged up to the hilt you hit the nail on the head y >> you made a complicated issue clear and easy to understand keep us informed ross, thanks for your time >> thank you very much time for the other top trending stories, seema mody has

some of these. >> i feel you're the type of i guy who starts his morning with. ♪ all i do is win, win, win >> dj khalid is expanding beyond the music industry he announced a new line of luxury furniture named we the best home. the collection includes a red throne, which he calls a must-have for every king in his castle >> if you're a cool dj, are y you -- are you at the peak because you created a furniture line >> that's the end. >> it's not dand i thought i kne special features that tesla came

with, but this driver decided to take to the skies, getting some serious air while speeding over railroad tracks. he crashed into a parking lot and was charged with dangerous driving but did not sustain major injuries >> if you're listening on the radio, there's a tesla going about 140 air. how lhigh in the air is that? >> three, maybe four feet. >> don't do that. the world is one step closer to seeing a nonstop flight between sydney and london. qantas is targeting 2022 for the debut of the flight which would carry passengers halfway around the world. the flight would take 20 hours and be the longest route in air travel plane designers hope to meet the challenges with aircrafts that incorporate bunks, child activities and even a gym. >> somebody get mandy drury on

the phone. it used to take 14 days by plane. of course that was biplanes. >> longest flight, qatar to auckland, 17 hours >> 19 1/2 hours i was on a plane when you're heavy and tall, that's a long time >> that is a long time >> seema mody, thank you very much still ahead, prices at the pump we're gearing up for this long labor day weekend. what you can expect to pay first, a check on the dow winners and losers olay deep hydrating eye gel breaks through the competition. olay eyes with b3 complex

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country? joining us is dan mcteague from gasbuddy.com okay so prices are up from last year, but not crushing the consumer. the consumer is strong like an ox is this one of those weekends that sets records because the economy is so good and we'll see 60 million people all on the same road at the same time >> we'll have to make sure we get those teslas flying through the air, but i don't think there will be a lot of people rushing to gas stations. i think pump prices have been stable the last few weeks. we have not seen the spikes we were looking at here on memorial day or into memorial day weekend. that triggeredthe summer driving season, we were at $2.99 a gallon

sen since then prices have dialed back to 2.84 you will see some retailers move up the retail margins. ahead of this labor day weekend, stability in gas prices at the pumps looks like the way ahead with refineries transitioning to winter blend gasoline, you're looking at the potential for gas prices to drop 5 cents to a dime i think it continues to be good news yes, stronger economy, but gas prices won't tilt in the direction of being negative towards consumers. many people have adjusted to the savings of 15 cents, 16 cents a gallon >> isn't that the dangerous part you get used to lower gas prices 3 bucks a gallon is not going to

keep people home the rest of the world envies our prices >> i think we're in a sweet spot for now. with markets really reacting blow by blow, day by day, it looks like a never ending saga or soap opera where you have a headline driving prices up one day, driving it down the next day. unless there's clear direction, that's a flat line of gasoline prices not so much for diesel we expect that to take off diesel that remained remarkably more expensive than gasoline even through the summer months you would have to go back to 2008 or 2005 the last time we saw diesel eclipsing gasoline at pumps. >> look into your gas crystal ball, any indication that prices

will spike or can we enjoy these low prices for a time to come? >> i think we'll have moderating prices after labor day the headlines of labor tensions serving as a drag on fuel prices, the concern over sanctions on iran being bullish for oil and gas prices, i think those have already been baked into the current price right now we could see prices drop 5, 10 cents a gallon between now and the end of september. after that it becomes more a question of the tightening of the oil supply around the world. we'll have to see where that takes us generally speaking we could see prices taper off 2019 is a different ball of wax. >> dan mcteague, slow down on the queens 402, okay >> i will. thanks >> got a speeding ticket up there once, it was expensive. let's find out what's coming

up on "squawk box. joe kernen, people ask you what time you get up? it must be so hard you're on "worldwide exchange," it's so early. first off, i love the show, it benefits things like fridays, when you and i, becky, andrew, we're on the road at 10:00 a.m., and everybody else is dead stopped in traffic across the bridges. >> we get an e-mail where the powers that be say early release friday -- >> does that tick you off? >> it's like 2:00 p.m., i'm laughing >> how do you stay up on a friday night that's one of the problems hard to stay up late on friday and hard to go to bed on sunday. i think ben franklin who founded penn, which is a great institution, the early to bed early to rise, don't you like the lifestyle?

i'm not missing anything on late-night tv. i could careless about what gez on there except for fallon. >> time doesn't mean that much on television anymore. everything is time shifted you can watch it when you want you can dvr a live program i'm not missing my kid's sporting events. i get to see them. >> and anything that happens during the day i get to pitch in. >> you're swiffing what did you make for dinner last night >> what do you do? i hang out -- >> dishes? >> no, i hang out with my son. >> becky, here's joe kernen cooking. peel back foil to expose tater tots >> no. i pitch in with -- with the kids >> yeah. >> you want to hear the good news or the bad news >> good news only. >> good news first >> only. >> warren buffett. but it's not on this show. that's not the bad news.

kind of the bad news that's at 11:00 a.m. he's 88. that's good news for him he's 88 today. >> it is his birthday. >> you don't want to hear the bad news i have to tell you the bad news. the top gun sequel has been pushed back. >> thank god that's good news >> now it's not until the summer of 2020. they were going to do it in july of 2019. they can't make it so instead of making it later in 2019 they will stick with the summer release and go to -- you know why complicated flight sequences val kilmer is coming back. ed harris is in it john hammond dress white the. tom cruise is in it. speaking of tom cruise, back to you. >> you're dangerous, maverick. still to come, probing market pressure points the top global risks you need to

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joining us now is steven whiting from citi private bank you've called this economy strong you've been right. there's two schools of thought it's so good it can't get better or we have not seen the business cycle investment case made yet there isanother leg up to this economy coming company also finally start to invest in productivity again >> i think confidence is way out ahead. capital investment in the united states is beginning to catch up. there are some little disappointments in terms of where things might go on the trade front. that's creating uncertainty for large cap firms with overseas operations by in large the investment cycle is strengthening that will reinforce the strength of the economy there are questions about how long it can go on.

you know, we won't get tax cuts in 2019 like we did in 2018. but this is going to be a good, strong period. the good news for the u.s. economy is that inflation is low for this late in a recovery. i think it's convincingly picking up if is not already high and destructive, we're in good shape. >> are we talking enough about the change in the depreciation schedule if i said to our viewers you can go out and buy a car this year, there will be zero sales tax on that car theoretically that might insecet them to buy that car there could be a wave of business investing that we have not expected >> i think the tax cut is more important. >> that's a nice way of saying you're wrong >> well, okay. there's a permanent way to make the u.s. economy more competitive for domestic

production, that's to cut the corporate tax rate on the depreciation, if you pull some things forward we had that on and off over years. not to say it doesn't help at the margin, but business investment is strengthening because we have a decent demand outlook and this improvement in competitiveness. >> often when we had it, we had it after financial crisis and companies were struggling to stay in business now we have a strong business environment, strong profits, and the bonus epreciation. >> what happens with the ups and downs of the business cycle and technological investment these things are disconnected. >> any sign we'll slow down? >> i think the absence of another tax cut and the fed is tightening this should be a good solid year in 2019 for the u.s. economy when we get there, it's not that

far away, you start thinking about how much further it can go we had a really big improvement in labor markets already i don't think you should worry about the next 12 months in terms of the u.s. economy's performance much >> that's good to hear i like the optimism going into the long labor day weekend >> we'll see you soon. finally, you will hear a lot that september is historically the worst month of the year for stocks, and it is. this random phenomenon was often attributed to mutual funds ending their fiscal years at the end of september and selling losers, but etfs have trumped funds in size and importance and many other fund managers have moved their fiscal year to a calendar year. the dow had a nice september last year and we didn't have the tax cuts or a trillion bucks in overseas cash waiting to come home history is important and it may repeat itself but it's a

different september this year than in years past hardly random but hopefully interesting. "squawk box" is next

good morning north american truce, president trump says he's optimistic that canada will join a trade deal as the deadline looms a summer scorcher. the s&p and nasdaq jumping to new record highs can you jump to an old record high is there such a thing as -- isn't a record high the same as a new record high? what's a single best idea? what is a final outcome? what's a difficult dilemma do you need to put -- huh? what is the same identical thing

mean same identical i don't know i don't know about this. and the morning's biggest stock movers including sales force shares under pressure. it's thursday, august 30th these are the actual facts i'm giving you "squawk box" begins right now. ♪ live from new york where business never sleeps, this is "squawk box. >> inherently difficult? you could be right welcome to "squawk box" on cnbc we're live from the nasdaq market site in times square. as joe mentioned we closed at new record highs >> fresh, new, all-time record hi