>> here's your top five at 5:00. president trump reportedly considering a major extension to the china trade deal deadline. at the same time the clock still ticking towards the possibility of another government shutdown it is not over yet crude oil alert. oil hitting its highest level of the year as venezuela's interim government takes a major step towards pushing maduro oit the a380 coming in for a permanent landing. airbus scrapping production of the world's biggest jumbo jet. we'll tell you why and since there is so much talk about taxes and big spending plans lately, we figured let's

see how much you really know we're going to give you one big tax stat that will blow your mind because nearly all of you have gotten it wrong it is thursday, february 14th, and worldwide exchange begins right now. welcome from wherever any world you may be watching. happy valentine's day. we will see if there's anything sweet in store for investors, and if this run for stocks can continue, did you know that we are now off to the best start to a year since all the way back in 1991 and the eighth best start to a year ever how about that futures look like we may continue that. dow futures up about 60 points right now. as always, more in the markets and your money in moments. happening right now news that could certainly move markets the very important numbers for european gdp just crossing the

tape let's get to jumana who is live in our newsroom with that breaking news. we got the second last estimate for fourth quarter gdp coming in at .2% quarter-on-quarter. annualizing growth of 1.2% year-on-year this is in line by estimates, but a sharp slowdown from activity levels at prior quarters during the year in terms of the breakdown, i should tell you that just a few hours ago we also got the fourth quarter gdp print for germany. there's been a lot of focus on the industrial slowdown there. that number came in at 0% for the quarter. again, pointing toen annualized growth level of 1.5% germany technically avoided a recession after that northeast negative print, but a sharp contraction in the numbers there. overall, one of the bright spots for the euro zone for last year was spain at posting growth of 2.5% the weak spots continue to be

germany and italy. who would have thought that? in terms of the market reaction, we are seeing a better day in terms of the broader equities market in line with the risk on sentiment that we're seeing in other markets as well. very strong earnings day to day in europe, too euro, the currency, is trading on the back foot, though, on back of the gdp numbers, and industrial production yesterday as well. back to you. >> yeah. not a good number. thank you very much. how much attention to global markets pay to china a lot. maybe more should be paid to europe we sell nearly 300 bill worth of u.s. goods to europe every year. that is real money, my friends it matters to a lot of u.s. company earnings

plus, european stocks have been a global lag lately. all the major markets are down france barely, but italy down nearly 10% the german market down 9% as well these numbers, perhaps, not keeping the ceo goldman sachs up at night david solomon says that fears of a massive global slowdown are simply overblown here's what he said exclusively yesterday to cnbc. >> there's no question tha growth in china has groed e grown. i would say that growth in china is still, you know, reasonable by any standard, even though it has slowed. >> let's get analysis and reaction to those numbers and

bring in dade miller, investment director at quilter. david, last year the ecb lowered the estimates to 2%. then we were at 1.8. now we're coming in at 1.2% lower thansome of the lowered estimates of a year ago. do these numbers concern you >> well, it's nice to see that the news that's coming out now is better. it's good to hear what goldman has to say about things. always nice to know that as well broadly speak, i think it's a good working framework for making good -- for making investment decisions what you have to be conscious of is that last half of last year was a real slowdown. there was a holding off of making decisions in the latter part of last year. weather that's stain e

sustainable or not is the other matter that's the issue >> you know, you look at germany. germany narrowly missing going into recession their economy continues to shrink at some point either the euro zone economy in germany goes into recession or things reco r recover. which way do you see it going? >> i think your point earlier was really important about it being a big collective economy, and also, added that is that it is essentially a trading group a lot of european gdp is related to external trade. it's a real barometer on global -- the health of the global economy to make it practical, it does worry me that the german economy is so heavily based on the car industry and that the car industry is struggling to meet consumer demand in terms of change of demand put it in real perspective, talking to people who have car

dealerships, we're talking about the last part of last year, they were selling 15% as many cars. not 15% less, but 15% as many cars as they had the year before there's bound to be a snapback now once these cars pass their emission tests, about ut it isn't going to last beyond that -- you know, the next month or so. after that it's going to come down to demand >> one of the other top stories is the president is willing to extend the deadline where the tariff on imported cars. extend that by a couple of months if we were to see a higher tariff rate on cars imported from europe, i'll thinking bmw, audi, mercedes, if we see a higher tariff rate, david, do you believe that would be enough to really crush those sales and perhaps send the euro zone into a recession? >> i think the fact that it's going to be delay or potentially delayed has to be taken as good news it was what was bothering us and

has been for some time it's certainly not good news for the european manufacturing because this is at the hub and the heart of the german economy. >> david miller, we appreciate your insight and analysis to that breaking news dade, thank you very much. you just heard our european guests say, well, if we get that push back, that's got to be viewed as good news. is it being viewed as good news, even though it hasn't happened there's talk is it being viewed as good news in china >> it would be welcome news to the chinese because they have been not really wanting to be

stuck to any hard deadlines, and, of course, the whole point of having a hard deadline is to put pressure on the chinese. this was a very important day for the trade talks. expectations have been growing that the two sides are focussing on trying to hammer out the framework of an agreement that could be used as a basis for a summit between president trump and president xi sometime later, possibly as early as march in terms of progress, the feeling is there hasn't been a whole lot of progress, and, also, it's still unknown as to whether or not the two sides will come up with an agreement on how to enforce a deal, but it looks as though they potentially could have more time if it indeed, is true as bloomberg has been citing saying that president trump could potentially consider a 60-day extension of this march 1st

deadline brian. >> yeah. i wonder when and if we'll know and then whether or not how flexible that new deadline might be as well is there a view, also when you read some of the chinese media, especially some of the more state-run media there in china, is there a view that trump is flexible in any way or is he kind of viewed as a wall it was interesting today because in the state media the general feeling has been that they're feeling calm about the negotiations they've known all along that the trade war isn't going to go anywhere, and the tone overall has been that trump is the one and that the u.s. is the one that now sees the need to make amends and try to get rid of these tariffs. what was also interesting here today is some trade data that we

received in january, and it really did indicate that for the first time we saw the way that the tariffs were impacting the trade relationship, and it wasn't exactly what you might think because exports to the u.s. declined, but they rose overall to other countries, and it's an indication, brian, i think that even though the u.s. does export a lot to -- even though the u.s. is a really big market, it still doesn't necessarily have the influence that it might want to have on china. >> we just talked about how big the euro zone economy was. nearly as big as the united states as always, thank you very much all right. now to london where prime minister theresa may facing growing calls to extend the march 29th brexit deadline today another round of debates and votes. there could be proposal that is

could be selected for vote later on today one of those is a proposal to extend that deadline another one is to reverse course altogether on brexit it's no guarantee that either of those will pass, but there is big concern that there are going to be members of theresa may's conservatives who once again will look to defeat the government in a vote later today. again, once more focused on this irish backstop issue and also the concept that there would be no deal. this is something that you have to understand. some hardliners here, some pro-brexiteers would like to see the e.u. and the u.k. part company without a deal they see that as the best possible outcome even though economists and analysts repeatedly saying that could be economically catastrophic. today we will also be hearing from the labor party members of them potentially also looking to rebell against their leadership by trying to push forward the idea of a second referendum on e.u. membership. once more, a lot of moving partsds it's parts here from the european perspective though we are hearing from the

e.u. counsel president, one of the top officials in brussels, and they have yet to hear any solid concrete proposals from the u.k. side in the last couple of weeks on deck grounded airbus pulling the plug on the world's biggest jumbo jet. we'll tell you why straight ahead. yelp surging why investors are giving the company four zpaf stars. later, do you think you know taxes? we think you don't the one big tax stat that has nearly everybody getting it wrong. a busy hour still ahead here on a busy hour still ahead here on worldwide exchangeactually impr. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has.een shown

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>> like we said, good evening in hong kong. it is 5:16 a.m. in the u.s. on the east coast we are headlong into the best year for u.s. stocks since 1991. we could be helped bytory news from asia today, unrelated to the trade negotiations china's economy posting a pleasant surprise. imports and exports both coming in better than expected. also happening now japan's economy bouncing back. they return to growth last quarter. gdp at 1.4%. the japanese stock market, if you're not paying attention, close to being positive over the last year after a dismal start in 2018.

in corporate news out of europe, airbus is scrapping production of the world's biggest jumbo jet. kay rogers in today, and has the details on this story. kay. >> hi, brian good morning airbus announcing it will halt production on the a380 super jumbo jet with the final delivery set for 2021. the plane was designed to challenge boeing's icon is 747 with two decks of wide cabbens and room for 544 people. the first commercial a380 flight was with sing more airlines in 2007, but the plane fell well short of expected sales targets as airlines opted for smaller and more fuel-efficient jets such as boeing's 787 in airbus's own a350 airbus also failed to sell any of the a380 to any u.s. airline. the final straw may have come when emirates, the largest 380 customer, decided to cut back its orders airbus says it will produce 17

more a380s with 14 of those set to go to emirates. airbus ceo tom enders says while it was a painful decision, the company needs to be realistic. the company is also taking a charge of about $500 million for shutdown costs and will talk with its unions about the roughly 3,000 jobs that could be effected airbus reported better than expected fourth quarter earnings shares are rallying today in paris. back to you. >> kate, thank you very much the company swinging to a profit in the fourth quarter, despite continued weakness in its trading business meantime, cisco systems second quarter results topping forecasts, and it gave upbeat guidance the company saw strong sales of its networking gear even as it raised prices to offset any potential impact from the u.s.

trade fight. cisco is also hiking its dividend and its buy back programs cisco stock. remember, a member of the dow up 4% right now cisco ceo chuck robbins will be on squawk on the street at 9:00 a.m. eastern time. meantime, yelp's fourth quarter earnings easily topping forecasts. the on-line review cited sales to grow 8% to 10% this year. that is at the high end of estimates. yelp also unveiled a board overhaul following calls for shake-up by activist investors yelp shares up just under 4% when we come back -- >> i don't want to see a shutdown shutdown wob a terrible thing. >> a terrible thing, but with two days to go and a long weekend on tap for congress, we are weighing the odds of a second government shutdown remember, the deal not done yet. plus, some scary moments on a delta flight after a vaping device exploded on board the full details when we come

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hitting its highest level of 2019 we're at 54.32 we're not exactly soaring, but we are at the high point so far for the year the question, though, is this. will he or won't he? mixed reports this morning over whether president trump will sign off on a new board of security deal that would avoid another government shutdown. nbc's tracie potts in d.c. with more on this tracie >> hi there, brian from everything that we're hearing from our sources, from the president himself, it seems like he certainly is leaning in that direction he says he doesn't want another shutdown, but he wants to read this legislation first it dropped last night. more than 1,000 pages. lawmakers have to read quickly, too, because the first votes are supposed to happen today >> this agreement is the last train leaving the station. >> this morning lawmakers and the white house will comb through an 1,100 page compromise that we keep government open after funding runs out tomorrow

night. >> we'll be getting it we'll be looking for land mines. >> the senate is expected to vote first on the deal today the house could vote later tonight. three sources tell nbc that president trump is reluctantly expected to sign it. the deal provides just a fraction of what he wanted to build a concrete border wall instead, he gets about 55 miles much fencing plus, 1.7 billion tlarz for other security >> i support the bill for what is in it don't judge it for what is not in it. >> i told him this was a down payment. this is a multi-year deal to secure the border. >> president trump insists the wall is already underway >> the wall is very, very on its way. it's happening as we speak. we're building as we speak is he taking executive action to use money for setting aside something else to finish the wall that could land in court it could hadn't in court, but it

may be the president's only option after the votes today to fulfill his key campaign promise to build that wall, brian. >> tracie potts live in d.c. tracie, thank you very much. since we are on the topic of the federal government, it is test time happy thursday >> in other words, if you took the incomes of all u.s. households and broke them down into five groups, what is the average after deduction federal income tax rate for the third quinti le e, the middle group. 4%, 9%, 14%, or 22%. well, the most pick option by far? look at that it was 14% 51 of you picked that. the least picked also by far was the lowly 4% tax rate at 7%.

according to the nonpartisan tax policy center and pete peterson found, a the answer is 4%. eye family making about 70,000 per year after taking deductions will pay about 4% in federal income taxes nearly a 50-year low slightly lower after the financial crisis when president obama cut tax rates temporarily. we were a little tricky on this one. remember, we said income taxes so-called payroll taxes, medicare and social security, would add about another 8% to 9% those dollars are allocated to those programs.

straight ahead, goldman sachs ceo david solomon weighing the chances of another u.s. recession. then nasa confirms the end of opportunity. that story and, later, forget fantasy football how about fantasy fast food french fry power rankings. what chain got the best ranking for french fries i promise you, it lluris u.wi spre stick around its for my future. annuities can provide protected income for life. learn more at retire your risk dot org.

zbleenks a marmt deadline for the china trade truce. all the details ahead. grounded airbus scrapping the production of the world's biggest jumbo jet. we'll tell you why the winner just might surprise you. let you know who won the top spot, and also who got the bottom as worldwide exchange rolls on let's kick off your executive recap. all the news you need to know about 60 seconds kate rogers has that zoo here's what's leading cnbc.com right now president trump reportedly considering extending the march 1st deadline for a trade deal

with china as his top negotiators hold talks in beijing today and tomorrow president xi is expected to meet with the delegation tomorrow as well airbus says it will halt production of its double decker jumbo a380 jet by the end of 2021 the company says as many as 3,500 jobs will be affected by the decision to scrap the world's biggest jet. and the euro zone gdp rising 0.2% last quarter. that's up 1.2%, brian, from just a year ago back over to you >> kate, see you for trending in a few minutes. > . almost overnight survivors took on a new role as advocates speaking out in support of stronger gun violence prevention for current students the school is offering counselling and wellness activities.

several groups across florida are planning vigils for tonight. a former u.s. -- is accused of spying for iran federal prosecutors say monica wit served nearly 13 years before secretly defecting to iran in 2013 investigators say she revealed details of credit u.s. intelligence programs and the names of overseas sources. well, that delta sky west flight you were just talking about was delayed after a passenger's vaping device exploded on board. the flight was headed from la guardia to houston when smoke appeared from the passenger's bag in an overhead bin no one was injured a flight attendant put out the small fire with an extinguisher, and the passengers were deplaned the company says an overheated battery pack sparked the fire. it seems like we're hearing about that happening more and more even more scary that it was on a plane.

stocks futures up. they are still up. dow futures up 37 points right now. remember, as we said earlier, a best start for the u.s. stock market since all the way back in 1991 we hear from goldman sachs david solomon who took a bullish outlook for the u.s. economy yesterday. >> economic activity in the united states is still chugging along pretty well. i spi carry sf i position at the moment where we can see reasonable groit during the course of the year let's say, you know, 2% to 2.25% growth that's not bad i think we're in a place where the chance of recession in 2019 though is actually quite strong, and the economic expansion should probably continue do you agree with the ceo of

goldman sachs and that things are still chugging along and fairly bullish >> i agree that things are still chugging along i think the data speaks to that pretty much every print we get, and actually had a little bit of a zeebt real wage print for the first time in a long time. that said, i don't necessarily agree with the outlook on the go forward basis. when i consider how much financial conditions have tightened i think that really is going to be most telling along with the fact that the rest of the global economy has started to slow precipitously in europe, in china, and i believe the data in the u.s. is going to start to slow in the second half of the year >> we had the european gdp print broke at the top of the show 1.2% this is a $17 trillion economy the e.u. is the second biggest economy in the world 40% larger than china. almost gets no attention do you think their problems are going to infect us >> i think it is -- the economy is global. whether we like it or not. china has obviously effected

europe that's one of the reasons why europe has been slowing. there are also idiocyncratic problems >> that's a big word for 5:30 a.m. >> i barely got it out i mean, italy has issues france has started to slow, and pmis in frances are in contraction. german pmi ds are in contraction now. >> germany is very zloesclose to slipping into recession. it was 0.2% away from it >> that's right. the pmis are indicating that the trajectory is towards negative growth. i'm concerned about that, and, look, with respect to the united states to take it back around. depending on what the fed does,

okay, our economy will likely continue to slow, and here's the reason for that. i think the fed is going to be very hesitant to do much more than just improve communications let's face tsh the rally that we've gotten in stocks is really much more a function of fed communication and the sort of communication pivot that's occurred than any change in the data i think the fed will be very hesitant to quickly cut because it doesn't want to go back to that zero bound, which we've been -- >> i don't know if jerome powell is a lean are a. i don't know what his sign is. the lean areibra is the scale, t you have the china slowdown and europe's slowdown. that's negative where. that might want to make you more loose. either no hikes or even cuts on the other hand, the labor digit that is you just threw out to us indicate inflation wage inflation good thing for the american people, but it's got to be on the fed's radar. that's inflationary. they might want to push back against that of those scales, which one do

you think wins out for the fed >> i think the financial markets, whether we like to admit it or not, are important to the fed >> you learn that from december. >> indeed. think that is going to be very important, and the fed is in a difficult spot right now the data is decent and finally started to see wage growth rest of the woshld is slowing. and, by the way, lending standards recently began to tighten in the last survey of loan officers. i know the fed is watching that. >> 7 million americans are more than 90 days late on their car payment. that's the biggest number by a million. even then during the financial crisis one other quick question i don't want you to get political, but the political spectrum, maybe a war on the rich we're hearing about taxes. even on the right, marco rubio, taxes on dividends, right?

data taxes on facebook and google from california's governor gavin newsom. talk of green new deals. i did the tax segment earlier for a reason there seems to be a political fight that may be coming into the financial side >> i think this is part and parcel of the idea that there will be gridlock and that the benefits from the tax cuts we've already gotten will more or less be complete. i think that does hang over the market somewhat. i don't think that's the biggest issue. i do continue to circle back to the fact that what the fed does and, frankly, what the ecb does and what the pboc does are more important factors than anything that's going to happen in the political realm. >> all right peter, cantor fitzgerald. here are some of the stocks making big moves today aig reporting a smaller than reported loss. they were affected by volatile stock markets. the company was also hit by higher catastrophe losses from

hurricane michael, and the california wildfires shares of net app syncing today. the cloud data provider fourth quarter earnings topping forecasts. revenue, though, short of both analyst estimates and even the low end of the he company's own guidance how is that? net app shares down 8% century link's fourth quarter earnings topping forecasts revenue in line. shares lower today after the telecom company said that it would cut its achb wal dividend by more than half. that stock could be your disaster du jour down 12% in the premarket. aside from those stocks and our little tax stats, let's find out what else that you are going to be talking about today this is the most important segment of the whole show. let's be real. >> because you are here. >> of course, thank you. good morning it's official, everyone. nasa announcing the mars opportunity rover is officially out of commission.

the rover had stopped responding to mission control back in june of last year, but scientists continue to send commands. they were hoping opportunity might answer a saddened for the rover, but its mission was a huge success the robot was sent to the service of mars back in 2004 and was only expected to work for 90 days traveling less than one mile instead, opportunity remained functional for 15 years logging nearly 30 miles and setting back scores of scientific data. impressive run, regardless >> would you say there is alac of opportunity at nasa >> oh -- >> you would never say that? i would. you wouldn't >> i wouldn't. i like the pun, though. >> subscribe to channels like stars and other networks the service, though, will not

include netflix or hulu and is unlikely to include hbo, which i'm sure some customers will be concerned and disappointed to hear finally, your favorite story the l.a. times is out with the list to end all less the paper releasing its rankings of the best and worst fast food french fries coming in at number one, five guys followed by mcdonald's and dell taco. in the bottom three, rallies, sonic, and coming in at dead last is the california cult favorite in and out. people really do love their in and out burger >> congrats to five guys i would agree they cook it in peanut oil, i think. that's kind of their secret. it gives a little bit -- >> you are coming with the stats. the a game here.

>> have you had them >> no, i have not, had no idea snoo what would you rank on the rogers scale, because you are our sort of restaurant and small business correspondent, bhas the best mass market fry you have ever had? >> okay. this is really tough, but i'm going to say i grew up on a lot of burger king i feel like those have sentimental value to me. i like burger king fries i think mcdonald's fries are also great >> adam, our producer, just booed you. >> he booed me we'll talk about that after the show i think i have a soft spot for bk because of the childhood memories >> did you wear the crown? >> you know, if i did well in school, whatever, we would go there or pizza hut zbroinchts the philadelphia 76ers superstar joelle embed leaping to new heights he is 7 feet tall. he jumped into the stands to stop a ball from going out of bounds in the third quarter.

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zplievlgts vacations of which all of us could use more are big business in 2017 nearly 27 million people went on a cruise one company that is tapping into that big demand and spending big to make sure you have a good time, the cruise line is offering -- upping its capacity in a big way, and that is princess cruises joining us now is jan schwartz, president of princess cruises with some big -- we got for zoom out, jan, to get the big fun, awesome new ships in the background congratulations. you guys are really spending a lot of money to raise your fleet size what makes you so optimistic that you are ready to do that. >> good morning, brian yes, it's an exciting day for

princess cruises we're celebrating construction milestones for three new ships >> how much are you going to increase capacity, jan, and where are you going to do it i know you move your ships and your fleet around the world. where are the hot spots right now? >> we'red aing these three new ships to our fleet of 17 ships we sail around the world, and we carry guests from all around the world. sky princess in particular will be sailing first in the mediterranean and then under the sunny skies of the caribbean in the fall >> what has changed about cruisers are they willing to pay more is it more experienceal. to spend that money i know you assume you are going to get it back how has that experience and that spending changed and revolved in the last few years >> brian, what we're seeing as consumers are investing in

experiences rather than buying things they're also learning that vacations are essential to their health and well being. that trend is emerging all over the world, and in cruising in particular we're seeing many multi-jergsal families come together to spend quality time while seeing some of the most beautiful places on the planet >> how big can these ships get, jan? honestly they are just massive. how big can they go? >> it helps elevate the experience of the guests they have a speedy embarkation to the list, keyless door entry to their cabin, amazing service from our crew, so that every guest can feel like a vip. what's the coolest thing on one of the new ships

>> on sky princess, the cabin to book is our sky suites it's at the top of the ship and offers the largest balcony at sea where you can host all your friends and family and also watch movies under the stars with your own private balcony under the starry balmy caribbean sky. roughly, what does that room cost, jan? >> it's priceless, brian if i have to can, that means i can't afford it. good luck. enjoy italy. looks pretty nice. thank you for koong on world wooitd exchange. it's priceless it has a price on deck, major averages still off the all-time highs our next guest says investors should prepare for new records and soon we're going to get the bullish wa y t

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the ibm cloud. the cloud for smarter business. it is worldwide exchange, after all. welcome back just under four hours until the opening bell here, and futures are pushing higher again we have had -- we're just full of stats this morning. it's a stats show on a thursday. we've had the best start to a year for the s&p 500 since 1991. this, of course, coming off the worst december since 1928.

>> data came in that u.s. suggested just a growth slowdown, but not a recession. markets had a lot of room to recover. that's exactly what they're doing. >> it's been a pretty spectacular start to the year. we're just going to keep going call and raise eighth best start to a year ever for the s&p 500. you remain a lot of people are saying the gains are in we're done europe is going to go into recession. china slowing down we're not going to go higher you zis agree. >> sometimes we make this business i think a lot more complicated than it needs to be. bull markets end in recessions if we don't see a recession and our work suggests the earliest werkd even be thinking about recession is at the end of 2020, maybe in 2021. then that means the bull market is not dead yet. if it's not dead, year about to see new highs. we think that that's what's happening in the market. we're marching towards that point.

we think earnings will grow 5% to 7%. and there's an appetite for it because, again, we think with inflation between 0% and 2%, and interest rates as low as they are, the appropriate multiple on the markets are not 15 or 16 times, but closer to 17 or 18. >> really? >> yeah. >> historically when inflation is between -- >> that's kind of where we are, though >> between -- >> about 17. forward earnings >> i'm talking about forward i think what you're about going to see is an 18 times multiple on 170 in earnings we think those two things are going to come true when you look at the earnings growth, it's 5% to of% it's right where consensus is. it's not a crazy earnings estimate 18 times, we paid that multiple times over the course of last

year >> you look at a company like amazon that was down 35% from its peak to its trough, that's not pricing in a growth slowdown when they had their best christmas ever that's pricing in a recession. just the relief that you are not going to get a recession is worth, we think, in those -- >> energy, amazon, what else >> energy, industrials, materials, parts of tech, parts of health care in the biotech area dividend stocks. they were priced for one rate hike a quarter between now and the end of time. >> as it stands right now, we think we've got enough gridlock in washington that a whole bunch of stuff is going to get done. >> always a pleasure good stuff thank you. thank you. time now for your thursday rbi. today is the answer to the question that we asked earlier in the show. going back 100 years, who were

the best and the worst presidents for the stock market? was it bill clinton? was it ronald reagan nope the dow surged 263% from 1923 to 1929 under calvin coolidge you go, vermont. sadly, though, the roaring 1920s ended up as the diz malt -- the worst presidential performance of the last 100 years was the dow's 83% bludgeoning under herbert hoover the best and the worst for stocks in just a ten-year span. i am off tomorrow. have a great long weekend.

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good morning china trade got stocks into high gear as top negotiators from each side get involved and a new report says president trump may postpone the deadline by a couple of months 60 days. we'll take you live to beijing lawmakers are expected to vote today on a border security bill that would fund the government we'll get a live report from washington and airbus is pulling the plug on the world's biggest jumbo jet. we'll tell you why it's scrapping the a380 and how the stock is reacting. it is valentine's day. i have nothing for you i have nothing -- i'm not talking melissa either

i'm talking -- i don't have anything for you is this -- is this -- >> this is so thoughtful it's valentine's day, and i'm andrew valentine's, apparently. it's february 14th, 2019 "squawk box" begins right now. ♪ i want to hold you until the fear in me subsides ♪ >> live from new york where business never sleeps, this is ""squawk box." >> good morning. welcome back to "squawk box" this morning happy valentine's day. we are here on cnbc live from nabs market site in times square joseph is giving me a present. i'm andrew ross sorkin joe kernan and melissa lee are here, and this is what i got i just got a chocolate a dark chocolate raspberry >> giradelli chocolate >> from the bowl outside over there. >> hael happy valentine's day. ha