it's 5:00 a.m. at cnbc global headquarters. here's your five at 5:00 breaking news out of europe. the latest growth numbers are just crossing. we will bring them to you. that's coming up straight ahead. also, looking for traction we're getting fresh signs of a slowdown in china as high level trade talks get underway we will take you live to beijing. president trump suing deutsche bank and capital one over his finances. we'll have that story. alphabet slammed after reporting a big slowdown in one key part of the business. that will be a big mover today, and the countdown is on to apple. what you can expect from the tech giant when it reports

results later on today it is tuesday, april 30th, and worldwide exchange begins right now. first, let's take a look at what's happening with the markets right now. we are seeing at least a little bit of stability the s&p, if these futures moves we'll call them, because they're not really gains or losses at this point if those moves hold into the opening bell, just down by four points for the s&p 500 the dow jones would open up slightly higher by about 15 points the nasdaq slightly lower. on the european trade, you can see the dax in germany relatively flat.

the cac in france down half a percent. the ftse 100 up .1%. let's turn to china now where we have fresh signs overnight that the chinese economy is struggling to gain some traction as high level trade talks get underway in beijing. we've heard the term used by steven mnuchin is it in the final stages with this chinese counterpart >> well, i think a lot of people hope so. there are a lot of incentives as to reasons why both sides want to get something done, including the state of the economy because we also today got some economic data out of the factory sector, and the numbers really disappointed. the official manufacturing pmi which gauges factory activity shows expansion at a slower space. the pmi looks at activity for small and medium size

manufacturers also showed a similar trend, and then the services pmi also missed the industry overall grew. overall the sense was that the numbers weren't looking very good the main concern is that the new orders are weak. export orders improved thanks to rising expectations of a trade deal, but overall there was a contraction. there were some analysts who said let's not get too concerned because there's seasonality at play at the same time most people now are going to watch month-by-month, and likely including a beijing policy maker to see what needs to be done probably towards the middle of the year as to whether or not stimulus needs to be put in place even more. dom. >> eunice, these numbers indicate that we are still in expansionary territory with regard to manufacturing, albeit at a slower pace

the market closed up higher on mainland china is there a sense right now that this data is a good news-bad news, bad news is good news type situation? is the government going to step in with more stimulus because the numbers are weaker for some that means we'll get more numbers into the company. that's one of the things the government has been doing, but they have said before that they want to take a much more targeted approach, but at the same time there is an expectation that the stimulus might have to come even more fast and furious later in the year because it hasn't appeared to be working all that well so far. obviously, very tentative numbers right now, but that's just a general feeling one thing, though, just going to make sure that people know that the trade representative they've

said that secretary mnuchin says he hopes to make substantial progress in the next few weeks with the kmienz here and then the chinese vice premier who is heading to washington next week to continue these discussions. >> thank you so much, live in beijing. we appreciate it we have breaking news out of europe the latest growth numbers out of the euro zone are just crossing. flar euro zone gdp coming in at a gain of .4% in q1 versus estimates of being up .3%. let's check european markets on the back of that particular print. you can see the german dax still marginally to the down side. the cac in france half a percent of the down side as well and the ftse 100 and the u.k. not part of that group. you can see the euro stronger versus the dollar. .2% to the up side it will cost you $1.1208 to buy a euro in current conditions

let's bring in patrick armstrong. patrick, you saw the numbers is this good for the overall market >> quarter over quarter is great, but not as bad as people were worrying in january when it looked like germany may even fall into a recession. yiblt every germany much weaker than -- we don't think the economy is in as dire situation as probably the consensus is.

>> is it places or auto manufacturers? is it certain places within the overall picture of europe? where exactly is that value? >> we like a swiss company that must play on german residential. there's definitely scope for household renovations and further household improvements, and it will be a big beneficiary of that. overall they're doing very well apart from issues with saudi arabia that they've had contracts that had to be canceled there sh snyder electric and siemens we've got a very diversified exposure towards industrial. an aggregate they're too cheap. we don't think the economic situation is as bad as the

consensus view is. >> can we go to the u.s. markets here we have a busy week of earnings. the busiest week of earnings season for the s&p 500 as things are shaping up now, does it seem like the u.s. is still the best place for capital to flow to from the global standpoint >> i don't think so. if you look at the u.s., it's very expensive on every measure except for earnings. earnings looking about fair value, but on ebida price to book value, price to sales, it's at 95th to 96% on all those measures i just mentioned versus its 20-year history. u.s. is expensive. it's got the economy that's delivering the best. companies are beating expectations, but in december 31st, the consensus was 9%, 10% growth are for the s&p 500 now we're looking at no growth the companies are beating a low bar. we think that's reasonably encouraging, but we wouldn't be allocating new money into the u.s. right now after it's performed very well and trading in lofty multiples >> patrick armstrong, thank you

for joining us we appreciate those thoughts >> thank you >> your top corporate story this morning, shares of alphabet deep in the red on the back of those earnings reports let's get out to elizabeth schultzy live in london with the details. elizabeth, down 8% for alphabet shares it was, though, a record as we headed into that particular report, right? >> that's right. >> the google parent company did beat on the bottom line, and also reported better than expected traffic acquisition costs. alphabet ceo ruth blaming the sales miss on currency headwinds and on product turnover on the earnings call last night analysts this morning are pointing to a broader slowdown in advertising revenues.

you can see that's below the growth rate in recent quarters fall bet also reporting a slowdown in paid clicks on google properties. that includes search and youtube. alphabet is facing increasing competition in the digital ad sector mainly from facebook and now from amazon. that wasn't enough for investors who are worried about the broader slowdown in sales. you can cia seat shares are down almost 8% after hitting all-time highs yesterday. dom, back to you >> elizabeth, i mean, with the overall google picture with alphabet, we're also talking about this idea that youtube is a -- with regard to the overall google/alphabet empire >> one of the frustrations from analysts who cover the company is that the youtube revenues

specifically aren't broken out we don't get user numbers or watch time any metrics like that. what we did hear on the earnings call is that there are some changes happening on the youtube platform as it relates to ads. we didn't really get any specifics on that. just the idea alone that there could be some changes on that platform, i think, is enough to concern investors this morning given how much of a priority youtube is in alphabet's broader picture and how much an important part of sales that is overall in this company. >> certainly the concern over here in europe, and we did see alphabet list a $1.7 billion fine that it's set aside to pay the european commission. the commission issued that earlier this year for anti-competent tiff practices in its ad business. now, it wasn't a huge effect on the bottom line.

we did still have a strong beat on eps, but if there are more fines to come, many analysts see th this. >> elizabeth, thank you so much for that yurpt on what's happening with alphabet. we appreciate it let's get you up to speed on some of the other morning's top movers rajel solomon is here. >> we're talking chips, fast food, and filet mignon first up western digital shares are down sharply today as the company's third quarter earnings at revenue missed forecasts. results were hit by a write-down of inventory due to lower prices for flash memory chips same store sales rising 4% pizza hut saw the first sales increase in five quarters. young china operates more than 8,600 pizza hut, kfc, and taco

loeks across china lastly, texas roadhouse's chain is falling today as first quarter profit and revenue fell short of analyst estimates higher labor costs are eating at the company's margins. back to you. >> thank you so much for that. we appreciate it still on deck here on worldwide exchange, a pulse check on the consumer brian sullivan sitting down with the ceo of general mills his take on trade, china, and the state of the u.s. consumer that's coming up ahead plus, president trump suing two major global banks those full details ahead as well, and later on in the show, much more on alphabet as the stock looks to shed nearly, get this, $63 billion from its market cap at the opening bell today. worldwide exchange back after this the cloud i need? it has to keep up with sales, supply chain, inventory - ♪ ♪ it needs to track it all, from cincinnati to singapore. ooo! ♪ ♪ and protect it all. customer records, our financials, they better be secured.

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shares of general mills have been on a tear this year the company behind icon ek brands like cheery owes, betty crocker and blue buffalo up expabding its prass around the world. >> wow okay a lot to talk about. i think the macrotheme, not just through the conference it's early but of the dialogue right now in the markets is recession

do you see any sign of an economic slowdown in the united states >> it doesn't look like it to us right now. >> good shape or okay shape? how would you define the consumer >> i would say good shape. especially given unemployment and wages rising >> your stock has done well. up 31% as we do this coming this year is the grocery side stabilize, and if it is, how long do you believe it will continue to stabilize or even improve? >> the grocery business is in pretty good shape as well. i think because the consumers are in good shape, it's a dine

nick snoo you have to have an in store experience that people really want to go to >> it wasn't your deal, blue buffalo. why would general mills -- and i mean this as a compliment -- a conservative midwestern food company, spend so much for a dog food company >> it's interesting. i got a lot of feedback for getting into the pet food business, but i actually view it as getting further into the natural and organic business we've been in that for 20 years. we're the second largest producer of organics in the united states, and blue buffalo is a natural pet food company. it happens to sell to pets and

not humans it is a national company all the trends we see in pet food are mimicking what we see on the human side. >> you just got into wal-mart. >> buffalo has been growing at double digits. we'll grow the revenue and prftability by double digits we're on track to do that. getting into a wul mart skpgd adding the wilderness line, but interesting, blue buffalo is the number one brand on-line it is the number one brand in pet specialty. it's the number one brand with several of our grocery and mass distributors as well >> you are a huge international brand. you are big in china you made a big deal a number of years ago. are you impacted by the trade war at all

>> hagends is doing well that business is doing well. when it comes it trade, it's had very little impact on general mills. one of the things i'm really pleased see is it looks like we're making progress towards a nafta agreement. for us on the trade with canada is extraordinarily important >> would that matter the u.s. mca? >> it matters quite a bit. particularly canada. we grow -- we have a lot of oats that we buy from canada. we make cheerios here in the u.s. we sell a lot back to canada the u.s. mca is really important to general mills >> jeff harmony, chairman and ceo of gis thank you for joining us >> thank you for having me >> you can catch that entire interview on our website right now. go to cnbc.com for more on general mills and their comments on the overall economy well, still to come on the show, president trump suing two of the world's largest banks. a live report from washington is coming up. plus, we are on record watch with the s&p 50000 and nasdaq. fresh all-time highs

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or if anyone in your house needs or recently had a vaccine. alert your doctor of new or worsening problems, including headaches, seizures, confusion and vision problems. these may be signs of a rare, potentially fatal brain condition. some serious allergic reactions and lung inflammation can occur. talk to your doctor today, and learn how janssen can help you explore cost support options. remission can start with stelara®. that's a live shot of washington d.c. in our nation's capital. a lot of new developments there this morning president trump is suing deutsche bank and capital one financial. the news comes as the president tries to block congressional subpoenas seeking information about his finances mr. trump's legal team says the

subpoenas are not ledge i'm or lawful. tracie, infrastructure seemingly bipartisan as an issue >> seemingly is the keyword there, dom while they agree in theory that the government should play a role in helping to fick the nation's roads and bridges and create jobs, in the process how to get it done and how to pay for it, that's what today's meeting is about >> the other thing -- >> reporter: today president trump and top democrat chuck schumer and nancy pelosi meet at the white house to outline a plan to fix mesh's aging roads and bridges.

>> get back to infrastructure. >> the last time they met in december things fell apart >> i will shut down the government and i am proud >> we disagree >> this has spiralled downward >> reporter: that public feud led to the nation's longest government shutdown. >> reporter: paying for projects, clean energy, and jobs for women, veterans, and minorities. >> let's work together the american people understand the need to build the infrastructure of our country. let's find a solution. >> the white house says the president is open to ideas >> we don't have a blueprint we want to hear from congress. >> both sides say they're ready to cooperate >> not just on infrastructure, but they also want to cooperate on things like trying to lower prescription drug costs.

>> all of that surrounding their effort to try to come together on this pronl. >> all right tracie potts, thank you so much for that update on the political situation developing when we come back on the show, alphabet shares crushed. the stock deep in the red this morning on the back of earnings. we'll get a top tech traders take ahead, and we are all just about halfway we'll call it from earnings season. we get another big batch of names reporting results today, including ge, apple, and mcdonald's we'll break down who should be on your radar when we come back after this

>> shares of alphabet deep in the red after they reported a big slowdown in one key part of its business we are digging in on that quarter. that's coming up straight ahead. we're on record rally watch. another big batch of earnings. will it push stocks to new all-time highs we'll find out trending today, chase sets off a big firestorm over small money advice we'll explain. it is tuesday, april 30th. you are watching worldwide exchange right here on cnbc. ♪ we didn't start the fire

>> nothing like some billy joel to get you started i'm dominic chu. we will hear from brian sullivan, who is on assignment, in a few minutes good morning, francis. >> hey, dom. good morning to you. we start with the major terror plot florida and california police arrested this man, army veteran planning to commit a mass murder. the fbi says the 26-year-old mark steven dom inga planned to carry out an attack ranging from freeways and tourist attractions in los angeles even staking out a white supremacist rally in long beach. prosecutors say dom inga who recently converted to islam wrote on-line that he wanted to retaliate for a deadly shooting spree at mosques in new zealand, and that's when you caught the eye of authorities.

bizarre video of what could be an unlikely russian spy. these images were taken off the coast of norway which happens to be russia's neighbor yeah, that is a beluga whale with harnesses strapped around its body, including a mount for a cam are. this is the part that's suspect. inside the harness the words "equipment of st. petersburg." speculation is that the whale was used for some sort of surveillance not sure what. maybe some plastic bottles inside its belly dom, back to you >> we hope not, francis. again, let's get those harnesses off that whale thank you so much for that update we get fresh data out of china in europe. let's get back to your executive recap. good morning >> good morning, dom here's what's leaving cnbc.com right now. europe showing a fresh sign of a turnaround the euro zone at 4% in the first

quarter. not the same story for china china's manufacturing sector growing slower than expected in april. steven mnuchin and robert lightheizer are there. a trade dellization is scheduled to visit waup washington for another round of talks >> thank you very much for that. let's get a check on the markets. we'll call them stable futures pointing to a relatively calm open. right now futures gains and/or losses hold into the opening bell the s&p down by three points the dow up by 27, and the nasdaq composite down by call it 50 or so points. on the treasury side of things, we are seeing ten-year note

yields drift to the down side. right now those yields for ten-year notes 2.53% the two-year treasury note yield hovering around 2.29%. let's get a check on the asian markets as well. japan is closed for the week if you take a look at the south korean kospi, the shanghai composite up by 1% or half a%, and the hang sang off as well. remember, all that data out of china playing in the markets as for the european trade, it's a big day ahead at 9:00 a.m. eastern. we get s&p kay shiller home prices followed by chicago pmi and at 10:00 a.m. we'll have pending home sales and consumer confidence numbers as well we will also have a fed meeting kicking off today with the rate decision tomorrow. plus, another big batch of earnings, of course, including general motors, general electric, mcdonald's, apple.

a lot of them coming out today let's talk about the earnings picture so far joining us now is alfred, president and coo of salt financial. the market is at record highs. is it justified with the current environment? >> i think you could make the argument that it is. you know, coming off of the q4 drawdown, we had a number of sectors really respond well into q1 i think the big story is about how many sectors are doing so well versus last year. of the s&p, only two sectors, health care and utilities are not in double digit growth that's a positive environment -- positive sign for risk on securities >> i mean, let's play the rip van winkel scenario. if you went to bed beginning of october and then woke up now it's like nothing ever changed or happened. something did. i mean, there was a very marked drawdown in the fourth quarter of last year followed by a

massive ramp up in the first quarter of this year what exactly was the narrative have things really changed that much in the span of five months? >> there's been two considerable changes. one is, you know, certainly the november midelections are behind us the second thing is the fed. i mean, if you are going to give the fed a lot of criticism for being responsible for the drawdown in q4, then you have to give them credit for stepping aside and really helping the markets upward in q1 those two things are behind us brexit, believe it or not, also has been kicked down the can -- the can has been kicked down the road, so to speak. we're not expecting any changes out of them until october 31st the environment has demonstrated and has given the market reason to put more risk on. >> salt financial is an emerging etf manager. you have a couple of smaller funds right now focused on more defensive oriented trading and more bullish trading take us through those funds.

one of your funds is a very bullish high beta or high volatility stock play. it's got about $12 million in assets, but what are you seeing in terms of flows? is there a sentiment change that you are seeing develop in the marketplace. >> you know, the funding you mentioned is slt, and it's up over 30% year-to-date. part of it is because it's getting a lift from all these different sectors. for those who believe that the market will continue to run from now until the end of the year, that's a really good bet for those who tend to take a more defensive view and, by the way, defensive means i just want less risk exposure we dial down the risk with another fund that we have. it's lslt. between the two you could really help express your opinion. whether you believe the market will tail off or continue its upward trajectory. >> it's almost the time when we talk about that dreaded cliche in the market. sell in may, go away.

we any given where inflation is and given certainly, earnings sht as bad as everyone thought they were going to be, and we had a decent gdp print in q1 it looks more like a risk on type of environment at least for the next quarter >> all right one last thing before we let you go are there certain industry groups that you would overweight now from your mind going to the second half of this year >> i think we got a huge pull from slt because we were overweighted in energy and financials and obviously technology those are the top three. all three have performed beautifully. >> all right thank you so p for joining us. >> pleasure to be here well, a big downgrade on

alphabet just crossing right now. stevel financial downgrading the stock from a hold from a prior buy rating this after alphabet reported a big slowdown in ad revenue growth this past quarter alphabet shares are deep in the red this morning a lot of analysts are going to be weighing in shares are down 7.5% right now more than $60 billion of its market capital will be shaved off at the open if these losses hold into the opening bell joining us from toronto, head of technology and media trading joel polina. joel, this number, it's disappoint, but this was also a stock that maybe didn't run up as much as, say, some of the other tech companies it was still at a record high as we head into that earnings report is this drawdown a buying opportunity or one where we have to be a little bit more cautious >> yeah. good morning thanks for having me on. obviously, there's going to be a lot of moving parts with alphabet's numbers today, and really it's going to depend on what type of investors you are clearly, we're going to see

momentum peel out of the stock early and aggress i. i think it's going to go into the penalty box for a wide group of investors, and now the wild card is going to be what do the large mutual funds and institutional holders do of google do i think probably we'll see net exposure decreased well, most likely. you're not going to see people run for the exits completely, and i think the thing that alphabet has going for it longer term that's going to come from

wamo the recently announced cloud-based gaming and as well as their cloud strategy under a new head that was announced in november >> joel, let's talk about you mentioned a slew of businesses we know that alphabet has its fingers in a lot of areas in the marketplace in technology and elsewhere. is google/alphabet the tech bellweather to watch are there other tech bellweathers outs there, even though i know that google is communication services or technology it's a blend of both of them.

coming from amazon, i think they got to right the ship and right the ship on the advertising front first, but they're going to need some big growth coming from some of the other bets that they've been making, and i think investor patience is going to run a little then. like i said, probably had three or four more quarters to kind of demonstrate that these other bets will pay off big, and i guess time will tell like i said, it really depends on what type of investor you are and what your pain threshold or time threshold is on alphabet. >> some of the pier are peers and committee competitors are facing mega cap technology and communication services companies. how much of the regulatory issue is going to be an overhang for a company like alphabet? >> you know, it feels like with kind of alphabet and facebook, the regulatory overhang has been here forever.

people have problems with that if you can't live up to the expectations, you know, then it's not so much -- it's a cost of doing business. it becomes a little bit of a bigger issue it feels line the regulatory pressure is not going to go away any time soon. i mean, google is such a dominant player. not just in search and mobile, you know it just seems like this could be a swirling kind of headache for the foreseeable future >> all right, joel, thank you so much for those thoughts on alphabet we appreciate it it's going to be a big trade >> thank you >> thanks. still on deck here, what one major money manager sees as the greatest investment opportunity

in the world right now brian sullivan is at the milken institute global conference in los angeles. plus, chase tries to give some penny pinchers some helpful tips, but it backfired in a big way. we'll explain when we come back after this

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that's got many asking if there is still opportunity in this market brian sullivan caught up with the ceo of bearings, tom fink, at the milken institute global conference, and here is what he thinks. other bond markets have been more fully priced. meerjing market debt has more value today versus some others that said, you got to worry about china. you got to worry about trade wars >> china has been red hot, tom

best performing developed market in the world this year >> this year >> surprising? deserved >> i don't know if it's -- i don't know that it's deserved per se i don't know really what that means. i think if the numbers are better, you are going to see it -- the equity markets reflect that. >> british markets maybe >> if you look at the credit markets, as long as you are smart, the fault rates remain very low as long as you are not being selective, the markets to me were more scarier in 2006 than now. >> really? >> in part, there's more

leverage in the system even though the mark has grown and you can look at higher levels of absolute leverage, we're also seeing a lot of cash on the balance sheets and cash flow through the companies >> we're -- it seems we're smarter now? >> we're not smarter i think, though, the overall market is in a little better shape on the relative basis to 2006-2007. i don't see it at a crisis level, but i do see it as a later in the credit sielk, so you have to be more selective. >> emerging markets look relatively good? >> yeah. on a whole you have to peck your pots spots. >> it's a real pleasure to speak to you thank you for joining us here on cnbc >> that's just a sample. you can see more of that interview on other website.

>> a firestorm on twitter yesterday with a monday motivation tweet that backfired big-time chase tweeting "why is my balance so low?" then offeredsome advice like make coffee at home or eat food that's already in the frig, and twitter users, well, let's just say they weren't amused. within user pointed to chase's high fees saying the bank charged him $700 while he was in high school. another making the banking pun saying "chase's tweet was gaining too much interest. >> i get it. >> and senator elizabeth warren also chiming in tweeting about the bail-out money that chase received after the financial crisis chase did eventually delete that tweet, thanking users for the feedback and pledging to get better at monday motivation tweets.

zplool have you no idea what the reaction is going to be. >> everybody just kind of -- anyway, obviously chase is re-evaluating things as we speak. >> it sounds like it all right. netflix users, listen up ads may soon be coming at least that's what industry experts say. at a big digital conference yesterday, executives from youtube, jp morgan chase, skps other media industries said that the streaming service needs growth they say the most obvious way to achieve growth is through ad supported modelled it is worth noting that netflix says it never plans to run ads, and i, for one, hope they don't. >> let's speak hypothetically. this is speculation right now. would it hamper your viewing experience -- absolutely >> yes, it would, but would you cancel netflix because of it

>> it would change what i would watch. like, for example, someone pointed out you couldn't watch "game of thrones" on hbo if you had ads. it would totally mess up the flow >> you could -- i mean, i say this because i have hulu i use it it has ads amazon video has ads netflix, i dabble in of once in a while, but i don't really notice the ads as much >> really? >> i have become a little more immune to them >> i think i have become spoiled because, you know, i'm soabove ads now. >> burger king is rolling out its impossible whopper this follows the successful test launch the impossible burger has a non-meat patty that's supposed to look and taste just like burger king's signature whopper. it's expected to be available at nationwide by the end of theier. i'm here for it. all the way. >> i would try it just to see. >> i don't -- i haven't had that one, but i've had other ones similar.

very good. we'll be right back.

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another big batch of earnings coming from names you know they will all publish reports today. will those reports push stocks to new all-time highs? let's bring in sylvia, managing director of capital markets at direction investments. etfs are your game are there trends that are developing right now early in the season that show you where money might go for the second half >> we're seeing some trends, and a lot of them are following what you are seeing perform really well in the market as you can imagine, our products of free beta, so it's short-term conviction if i give you a short-term

conviction right now, we're seeing a lot of flows into semiconductors, for example. we have amd today and qualcomm amd is expected to have an increase with cpu. they've done quite well. up close to 50% from december lows qualcomm, same thing you have the apple resolution there with the patents, and the semiconductor index that we have is up 112% year-to-date. that could change in the short-term i think the earnings and outperformance in earnings estimates is driving that sector forward. >> intel and texas instruments are kind of a weight on that particular industry. it's been hot, no doubt. are there other parts that are perhaps a bit more, i guess, of a laggard than that momentum blow-up? >> in terms of the laying adviser, it would be intewould l

>> i think driverless cars, you know, data center all that stuff has been really good for semiconductors >> what about the overall theme for what sectors that you would maybe stay away from or where are investors putting more bearish bets >> i think investors are -- having bearish on health care prior to the earnings coming up. i would say that that could have been a contrarian play because a lot of it has been political it's just been this national health care and medicare for all. in the last three months or so health care has done poorly across the board over the last couple of weeks, if you look at the flows, you can see them going into xbi, some of state street, biotech, and health care etf, lab, it our health care and biotech etf. i think those are names that might surprise us. pfizer and lilly have had decent dividends and growth in their pipeline 30 out of 100 names for pfizer

coming up. growth in oncology, gene therapy. i think those names might surprise >> thank you so much for that. we appreciate it has.nk >> that's it for us. "squawk box" picks up coverage next

is

. >> we'll tell you what was in the company's report that's weighing on that stock ipo rush, a company formerly known as wework, filing to go public maggie is on lyft's board of directors and will weigh in. a barrage of corporate earnings on the way we'll hear from general electric eli lily, merck, and pfizer. on a friday. let's try a tuesday. that's just in the next 60 minutes. it's tuesday, april 30th, 2019

"squawk box" begins right now. ♪ never seems enough for you. >> it was enough for the s&p and nasdaq to set new highs. you do see weakness in the nasdaq today we'll talk more about why in a moment and disappointing reports after the bell from google last night or alphabet. nasdaq right now indicated down by 48 points s&p futures down by 2.5. the dow feet are indicated up. they're up by almost 25 points this morning overnight in asia, japan's markets continue to be closed for a public holiday as the emperor steps