melissa lee what you got? class pass, that company raised a bunch of new forms. we'll talk to the ceo about how he plans to disrupt the fitness industry. coming up on "power lunch." >>> welcome back we're live at the summit in las vegas. some of the tech companies that could go public are gathering. we're joined by the ceo that's shaking up the fitness industry fits. thank you for joining us. >> class pass is a subscription in 39 cities. it's a reoccurring subscription. you can go to any of the studies or gyms in the network. people use it to go to the gym. >> i feel like in new york city you can buy a bundle of classes per month for a certain am of time and have a subscription that way. what's the benefit of going through the sup subscription when you guys? >> 90% of customer goes to classes they've never heard about before they became a member. the second benefit is aggregation. you can book across 35 different studies. the third and last benefit is price. we're by the waying unsold spots from the partners a

melissa lee joins us from new york. >> we have a big three hours ahead.h powered guest hosts will join us. at 7:00 a.m., sam zell, and also also we will have chamath, he said yesterday he was converting in tesla 2020 convertible bonds. he will discuss whether or not he thinks a company like apple should buy a company like tesla or net flick. after the bell tonight we have disney earnings. we will have somebody talking about the media networks. a lot ahead in the next throw hours. >> melissa, thanks. >> ask about that ibm comment. >> the watson comments. >> absolutely. >>> still to come, the nasdaq and s&p 500 touching fresh records on monday. will this record rally roll on? >>> and catch lloyd blankfein's interview today at 32:15 easter. "worldwide exchange" will be right back. with type 2 diabetes a lower a1c is a lot about choices. but it can be hard sometimes, 'cause different sides of you struggle with which ones to make. well, what if you kept making good ones? then? you could love your numbers. discover once-daily invokana®, a pill used along with d

i'm melissa lee. home prices are rising. home sales are rising overall but will there is one thing completely freaking out the housing market right now. we'll tell you what it is straight ahead. and uber under fire. the ride hailing company underpaying drivers. a shocking and bold claim but one big investment fund. raising questions who has been paid back, many have, but thousands haven't seen a dime almost a decade later despite billions of dollars just sitting there. power lunch right now. >> welcome to "power lunch." i'm wilfred frost. the longest winning streak for the dow and s&p since february. the dow up about 0.2% as is the nasdaq, the s&p just behind that. materials and utilities leading the gains while telecomes and financials the worst performers. intuit, mattel and nrg energy better than expected earnings. dupont is leading the dow on news there are changes to the dow/dupont post merger plan. and ge around session lows following the presentation by the ceo jeff immelt, worried about the neglect it tiative im an a

i'm melissa lee. tonight on "fast" famed investor asher edelman who predicted stocks would rally under trump now says there's something fishy happening. you will not want to miss this. plus, another day, another call for an iphone super cycle. has the apple cycle gone too far too fast. deal talk is brewing as constellation brands makes a bid for brown-forman. leslie picker will join us with the very latest. first we start off with a stealth rally in the so-called safety trades. check out this. consumer staple stocks up 7.5% this year. utilities up 8%. gold up 9%. you know what, throw in bitcoin up a whopping 130%. so this is really the new pro growth world under trump, why are investors snapping up safety trades? uncertain world is this a place to put fresh money to work? guy? >> i think i can explain all four. i'll let b.k. explain bitcoin because he's been all over this story. consumer staples, rising tide lifts all boats. the economy is getting better. job market seems to be getting better. u tilts

melissa lee has a look at what's coming up. >> good morning. track the market reaction in terms of the fallout from this alleged comey memo. also we have guy damey here to decipher the market moves, and target earnings which are due out in the next half hour. it's been a tough market for the retail sector. we have the j & j ceo who will join us. we'll ask him about the black box warning they found out they had to put on their diabetes drug. what impact that will have. and the great jack welch will join us. he'll give us his insights on everything from what's going on in dc and the impact on the markets. big show ahead at 6:00 a.m. we'll see wilfred of course later on. >> you will, indeed. looking forward to that. "squawk box" starts in about seven minutes time. futures down just over 100 points. 110 points the decline for the dow at the moment. with us is michael purves. thanks for being here. today is the first time we've seen equity markets react to the political developments. is that a concern for you? >> i'll be intrigued to see the pace of

. >> joe kernen is here, melissa lee is here. becky quick is not here. we'll see her tomorrow ahead of the berkshire health away athaw. the futures, dow looks like it would open higher by 46 points. nasdaq 8 points higher. the s&p about 6 points high. overnight in asia, the nikkei was closed for holiday. the shanghai was flat. there was the debate in france, you're looking at just about everything on the way up in the green there. finally a quick look at crude. you can buy a barrel of wti crude for $47.49. >> here are the big stories we're watching. a phishing attack has targeted google's 1 billion g-mail users. an e-mail coming from a trusted source asks you to open a google document and it redirects you to a page to open a google goc pdo page, which then trooef retrie e-mail addresses. >>> tim cook saying apple will start a $1 million fund to promote manufacturing jobs in the united states. >> we're creating an advanced manufacturing fund. we're initially putting $1 billion fund in the fund. >> this i did not know about. >> we're announcing it today, y

i'm melissa lee, you are watching cnbc, first in business world wide. in the meantime, here's what else is coming up on "fast". >> watch the stocks. >> that mae be true. it could mark a major opportunity with a group of surging stocks today. we'll turn you on to profit? plus, the future of electric cars is now. >> and it could spell the end of one major commodity as we know it. we'll explain when "fast money" returns. the classes, the friends, the independence. and since we planned for it, that student debt is the one experience, i'm glad she'll miss when you have the right financial advisor, life can be brilliant. ameriprise ...studying to be a dentist and she gave me advice. she said dad... ... go pro with crest pro-health. 4 out of 5 dentists confirm these crest pro-health products... ...help maintain a professional clean. crest pro-health... ...really brought my mouth... ...to the next level. go pro with crest pro-health we're drowning in information. where, in all of this, is the stuff that matters? the stakes are so high, your finance your future.

. >>> i'm melissa lee. you're watching "fast money" on cnbc.the meantime, here is what else is coming up on fast. >>> let's make a deal! >> that's what telecom and cable executives are about to do. we'll give you the names that could be the in ex target. plus -- >> fast money is going to las vegas. hitting the strip in search of the hottest trades and talking to the biggest names in sin city. steve wynn, mark cuban and wayne newton. this thursday at 5:00 p.m. in july of '98.oiney i did active duty 11 years. and two in the reserves. our 18 year old was in an accident. when i call usaa it was that voice asking me, "is your daughter ok?" that's where i felt relief. it actually helped to know that somebody else cared and wanted make sure that i was okay. that was really great. we're the rivera family, and we will be with usaa for life. usaa. we know what it means to serve. call today to talk about your insurance needs. itbut one i think with quesa simple answer. we have this need to peek over our neighbor's fence. and once we do, we see wonder wait

. >>> and actor melissa lee stops by to talk about her new series "i'm dying up here" based on the comedy0s. >>> thanks for watching. i'm anne-marie green. i'm anne-marie green. have a great day. -- captions by vitac -- www.vitac.com ♪ come to sesame place before little kids become, big kids. before dress up, turns to make-up. and tag becomes hashtag. before furry hugs, become first loves. come to the only place, that makes little hearts race. buy early and save up to $20, plus get a free second visit! only at sesameplace.com sesame place >>> this is cbs-3 "eyewitness news" this morning. >>> overnight, after already wet weekend, we'll tell you when we have a chance at seeing some sun. >> one person is dead, another hospitalized after a deadly stabbing. how that person is doing this morning and the key piece of evidence police are still looking for. >>> and heart break lingers in a philadelphia community after a deadly house fire. this morning, we are learning the names of the two children and grandmother who were killed. >> good morning, it is monday, may 29 memorial day, i'm rahel solomo

i'm melissa lee. the naz dam and s&p 500 hitting record highs again., five stocks account for 30% of the gains this year. which companies are they? what happens if they begin to roll over? >>> plus, we talked a lot about the retail reck, best buy is a bright spot. it's up now more than 80% in the past one year. best buy the best buy in retail right now? >>> it's back to the future for amazon. we'll, plain. the stock just a few bucks away from hitting 1,000 bucks a share for the first time ever. "power lunch" starts

. >>> and actress melissa lee stops by to talk about her new series "i'm dying up here" based on the from the '70s. thanks for watching. i'm anne-marie green. have a great day. -- captions by vitac -- www.vitac.com >>> live from the cbs bay area studios, this is kpix5 news. >>> it is time to rise and shine as we take a live look at the golden gate bridge this morning. it is monday, may 29th, memorial day. good morning. i'm kenny choi. >> i'm anne makovec in for michelle griego. >>> it is about 4:30, a holiday for most people but we are glad we are all here. >> i'm still blowing feathers off. >> of her carnivale -- >> carnivale. >> that was fun. >> my whole car has feathers and it looks like i had a fun weekend. >> we have to pull up some pictures of that to show folks later on in the broadcast. >> what a great tradition. it really is. people really embraced it in their own neighborhoods and we took this turn onto mission street and it was four or five people deep and then they started playing the song low rider and i was in the low rider. that was the funnest part of the parade, it r

i'm melissa lee. you can check out our website and in the meantime, have a great weekend, see you next friday. "mad money" with jim cramer starts right now. >> the following is a paid presentation, brought to you by beachbody, but filmed by me on my iphone and directly from my heart. >> hold up. i want to ask you a question. how do you feel when you look at yourself in the mirror? not so good. like, "ugh. gross." who is this person? like, you know you have to do something, but it's so confusing! there's fad diets, extreme workouts, and it's working for other people, but it is not working for you. you just want a system, a program that actually works -- hello! -- that doesn't feel like punishment.

tonight at 5:00 eastern, melissa lee is live from las vegas of the on the show, steve wynn, mark cuban and wayne newton. usaa gives me the peace of mind and the security just like the marines did. the process through usaa is so effortless, that you feel like you're a part of the family. i love that i can pass the membership to my children. we're the williams family, and we're usaa members for life. with e*trade you see things your way. ♪ ♪ you have access to the right information at the right moment. ♪ ♪ and when you filter out the noise, it's easy to turn your vision into action. ♪ ♪ it's your trade. e*trade. start trading today at etrade.com ♪ ♪ i'm dr. kelsey mcneely and some day you might be calling me an energy farmer. ♪ energy lives here. >>> becton dickinson is one of the biggest movers in the s&p 500 today. it's also a member of the cnbc iq 100 which is up over 25% in the past year. for more on the index go to cnbc.com/iq100. now, back to "the halftime report." >> we're back, the najarians making their way to the telestrator. pete, you are up first. >> usually jon is up fist. w

i'm melissa lee. a look at the markets this hour. it's fairly quiet ahead the three-day weekend. marginal gains for the dow which is up by three he-quarters of a point. s&p level. nasdaq is up by two. all three indices up more than 1% for the week with the nasdaq leading gains. the defense stocks keep on rolling. boeing, general dynamics, lockheed and northrop all at lifetime highs. >> i'm courtney reagan. here is what else is happening. the second reading of first quarter gdp at 1.2% despite beating estimates it's the weakest reading since the first quarter of 2016. on the economic front durable goods falling for the first time in five months dragged down by orders for transportation equipment. a new forecast from t11 to 17 named storms during this hurricane season that would be above normal. >>> courtney, welcome. let's hope they are wrong. it is championship time. the pittsburgh penguins are heading to the stanley cup finals after an unbelievably dramatic game seven, double overtime win over the ottawa senators. also the cleveland cavaliers will take on the golden state warrio

you are watching cnbc, i'm melissa lee.meantime, here's what's coming up on "fast. >> where's the beef? >> forget about the beef the dough is being made on fast food stocks. one may have come too far too fast. we'll explain. plus the rich are getting richer. >> and she stepped on the ball. >> that's great news for three stocks in particular. we'll tell you what they are when "fast money" returns. >> welcome back to "fast money". stocks, bonds, maybe art is your best bet. basquiat sold at sotheby's for $110,000. it had been previously bought for $19,000. not a bad return on investment. we are joined by robert frank on a rare "fast money" on-set appearance. >> not a bad return for all of luxury right now, if you look at the competent move, it was on full display when it outsold for $110,000. that was nearly double the deficit and a new record for any american artist and the sixth most expensive painting sold at auction. the buyer was a 41-year-old japanese e-commerce billionaire. he posed with the new trophy on instagram sayi

i'm melissa lee. check us out at optionsaction dot cnbc dotcom. see you back here next friday."mad money" start right now. >>> if you think a week is a long time in football, try 118 years. that's what tottenham are saying good-bye to today. white hart lan

i'm melissa lee. >> first in business world wide, in the meantime, here's what else is coming up on "> commodities are getting crushed. one of them is flashing a secret buy sign. we'll explain. plus, stocks around the world are surging, but that could all change this sunday and here's why. if you are worried about a surprise outcome in the french elect, we'll tell you how you can buy disaster insurance on your portfolio when "fast money" returns. >> well, i wouldn't say the specific earnings disappointed me, but i would say i don't value ibm the same way that i did sick years ago when i started buying it, overall, i think in sex years that i erevalued it somewhat outward, within it got over 180ing we actually shold a reasonable amount of sock is there that, of course, warren buffet explaining why he cut a third shares of ibm him should you be selling alongside oracle of home haugh? for more on this, let's get to domenic chu in the newsroom with more. >> reporter: well, melissa, if i weren't wearing makeup, you'd probably see me blushing right about now, i'm not in the same ballpark as

i'm melissa lee. happy memorial day, have a safe holiday.see you back here on tuesday. >> announcer: the following is a paid presentation for the worx air, brought to you by worx. prepare to be blown away. [ whirring ] you're not looking at an ordinary blower. there's no cord. there's no gas. it goes where no other tool could ever go, does things no other tool could ever do. it finds every kind of dirt in every kind of space... and makes your whole home cleaner in just minutes so you get to spend more time enjoying it.

. >> i'm melissa lee. see you back here tomorrow at 5:00. >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money," welcome to cramerica, and of course welcome to cramerica's west coast outmepost at cnbc station. call me at 1-800-743-cnbc or tweet me @jimcramer. on a sedate day where the s&p fell 1.7%. but the nasdaq screams still higher to a new all-time high climbing 0.73%. the fanning names, facebook, amazon, netflix and google are on fire. these stocks won't quit. it almost feels like there's a surge of money coming into the group, yet there isn't an etf that is part of fanning and the fanning acronym is just something i coined years ago, when it felt like these were the only stocks that went higher in a bear market. apple has the same clip in its step as the owningers. aapl. how do i feel about this run? honestly i can't say i'm too fond of facebook going up last wednesday. yet the st

thanks for watching, i'm melissa lee. meantime, do not >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money," welcome to cramerica. some people want to make friends, i want to make you money. i'm not just here to entertain you, i'm here to educate you and teach you. email me or tweet me. have we become too complacent? is that what the

. >> i'm melissa lee, thank you for watching. see you again tomorrow at >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. hey, i'm cramer, welcome to "mad money," welcome to cramerica. other people want to make friends, i'm just trying to make you some money, my job is not just to entertain you, but to educate and tweet you, call me or tweet me. while the averages keep grinding their way higher, s&p advancing 2% to an all-time high, and the nasdaq gaining 40. it's hard to tell if we're going to have a fall or a run for the roses. despite the seemingly placid root of the market, i think it's very important for you to get your head afternoon this standoff. with 40 home game members and the newsletter i put out by my travel trust. while many didn't share my legal of optimism about the individual companies that i endorse, meaning that those companies were right here, right now. several others were down right bearish. one person wanted to k

i'm melissa lee. ibm is certainly the big drag on the dow shaving off about 25 to 30 points.heck out wall street. the fear index, not much fear there. the vix around ten-year lows. it was below ten earlier in the session. still, a bunch of movers out there. herbalife of note up 10% right now. now to michelle. >>> i'm michelle caruso-cabrera live in paris, france, because the big presidential election is on sunday. the polls suggest there is no existential threat to the euro, that marine le pen has no chance. but both she and her opponent emmanu emmanuel macron say not so fast. >> oh, boy, it looks lovely there, michelle. we'll be back with you shortly. welcome, everybody. i'm tyler mathisen. we begin today with ibm. shares of big blue getting black and blue today. bruised on the news warren buffett has sold off a third of his stake in the company and what makes the story even more intriguing is how his affection for jeff be bezos played into his decision. becky? >> reporter: tyler, it's great to see you. things are just opening up here. the meeting doesn't official ly start u

i'm melissa lee. home prices are rising. but will there is one thing completely freaking out the housing market right now. we'll tell you what it is straight ahead. and uber under fire. the ride hailing company underpaying drivers. a shocking and bold claim but one big investment fund. raising questions who has been paid back, many have, but thousands haven't seen a dime almost a decade later despite billions of dollars just sitting there. power lunch right now. >> welcome to

. >> i'm melissa lee. thanks for watching. we'll see you back here tomorrow night at 5:00 for "fast money." don't go anywhere. "mad money" with jim cramer starts right now. >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money," welcome to cramerica, some people want to make friends, i'm just trying to make you some money. my job is not just to entertain, but to educate you and teach you. if you think for one minute that this economy is easy to figure out, i'm telling you, you're a dreamer. i think we're at a moment where you can conceivably argue that the economy is going off the rails. or that it's about to roar. in fact, on a day where the dow gained 4 3 points, the s&p climbed 1.8%. this is the most glass half full, glass half empty moment we have seen in ages. first we have fabulous employment numbers. the jobless claims are at the lowest lev

thanks for watching, i'm melissa lee. meantime, do not >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money," welcome to cramerica. some people want to make friends, i want to make you money. i'm not just here to entertain you, i'm here to educate you and teach you. email me or tweet me. have we become too complacent? is that what the covolatility index is telling us? i think we have to ask this question on another rather sedate day. so where the heck did all the fear go? and more importantly, should this lack of caution be making us nervous? let's unpack the situation, next we know the vix measures the level of volatility, that traders are expecting in the near future. it's often viewed as an index of the overall level of fear in the marketplace. some people think it's out of date. since these days there are many other ways to bet against the market. more efficient ways, frankly. in other words the f

. >> i'm melissa lee. see you back here tomorrow at 5:00. do not go anywhere, "mad money" with jim cramer starts right now. >>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends, i'm trying to make you some money. my job is not just to make friends, it's to educate and teach you. holy cow. holy cow, it finally happened. a money manager came on television and admitted that he had made a mistake. he had an obvious win on his hans and he punted and didn't take advantage of it. nasdaq gained .03%. accountability at last? the money manager in question was warren buffett, and maybe the take away is that only the world's greatest investor can afford to make a mistake. everyone else must be too secure to do the same thing, because they're all making them. it rapt at everything buffet said over the weekend. when

i'm melissa lee. stocks having their worst day in two months. stocks losing gains. it is the dow's biggest one-day drop since september. apple, goldman accounting for about 100 points in the dow's drop today. financials leading these declines this hour, charles schwab, the biggest losers. wall street's peer index the vix soaring to its highest level since april 21st. >>> welcome, everybody, to power lunch. i'm tyler mathisen. we begin this hour as we have many days recently with drama in d.c. and today it is driving the market down. a memo by the fired fbi director james comey claiming the president urged him to drop the investigation into former national security adviser, michael flynn. let's go to eamon javers for the latest. >> reporter: we are told a closed door session but publicly released two pieces of information. they are asking fbi acting director mccabe for any documents or memo that is were prepared by the former director of the fbi james comey, in regard to his conversations with senior white house officials or department of justice officials. so that's

. >> i'm melissa lee, thank for watching. don't forget jim cramer's . >>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now. hey, i'm cramer, welcome to "mad money," welcome to cramerica. my job is not just to entertain you, but to educate and teach you. call me, email or tweet me @jimcramer. all day i listen to the same complaints, if i could distill it, it would go like this, what's with this market, it's make nothing sense to me, it keeps going up, it has to go down, i'll wait until it goes down before i buy anything. # nasdaq went up .73%. but immediately it's followed up with a caveat that goes like this. i don't know about everybody else, but our company is doing incredibly well, our stock is cheap. but just with this president, this congress, this uncertainty, i don't know how this market can keep quiet. i think that sums up the dichotomy. if you're in the ailing. we're calling

i'm becky quick along with joe kernen and melissa lee. andrew is off today. watching u.s.tures. after the gains we saw yesterday, you are now looking at the dow within 3 points of being positive for the month of may. kind of shocking given that pullback last week. the nasdaq and s&p 500 are already positive for may. the s&p futures up by close to 3 points. the nasdaq up close to 13. overnight in asia, a different story. moody's downgrading china's credit rating to a1 from aa3. the agency cites concerns over a slowing economy and growing debt. moody's estimates

i'm melissa lee, here is what's on the menu. stocks rebounding. is it the white house's bullish take on the economy? is this the bounce you buy? we'll debate that. >>> a brutal day for stocks in brazil thanks to a growing political scandal for the country's newly enstalled president. the latest details and the ripple effects of the latin american markets straight ahead. >>> why millennials are saying bigger might be better when it comes to looking for a job. this huge edition of "power lunch" starts right now. ♪ go big or go home ♪ go, go ♪ go big or go home ♪ go, go >>> welcome to "power lunch." as melissa mentioned a major average is bouncing back a bit from yesterday's big selloff as we take a look at the dow right now, we are higher by about 40 poin points s&p 500 up by 60. walmart is up over 2% on the back of their earnings report out before the bell. meanwhile, cisco down sharply. the company giving i a weak outlook for the current quarter and announcing 1,100 new job cuts. shares of athena health up 20%. disclosing a big stake in the compan

>> i'm melissa lee. puerto rico announcing a historic debt restructuring on a portion of its $70 billion of debt. the move comes after talks with bondholders failed fbi director james comey grilled defending his decision last year, just days before the presidential election to reopen an investigation into hillary clinton's e-mail. and facebook making a major move to crack down inappropriate material. the social media giant adding 3,000 people to monitor live videos of murders and suicides and other content. more on this big story straight ahead. but we begin with the countdown to the fed decision. we are less than an hour away and wall street is in a holding pattern here. straight to steve liesman in washington with the very latest. steve? >> reporter: melissa, thanks. the fed expected to send an indirect signal that its june rate hike is on track. it will look through the recent economic weakness and emphasize a better medium turn outlook. writing, quote, while the latest growth inflation and jobs data

i'm becky quick along with andrew ross sorkin and melissa lee. i heard that song, i wasn't sure if they said the show could go on or the joe could go on. yesterday was a mixed day for the markets. not too far directionally moves, but the nasdaq had another new high yesterday. he are looking at green arrows with the dow futures indicated up 25 points. s&p futures indicated to open up higher by three. and the nasdaq also projected to open up high. wall street's fear gauge hitting a ten-year low of 9.9 yesterday. the lowest level since february of 2007. we keep having these markets tell us volatility is back, but we're not seeing it. this morning the vix is trading at 10. it marked the second time this year that the vix traded below 10. overnight in asia, take a look and you'll see the nikkei was up by 0.7%. hang seng was up by a third of a percent. the shanghai was down by a third of a percentage point. in europe, some of the early trading, things are relatively calm. ftse up by a half percentage point. modest gains for the cac and dax. >>> among t

i'm melissa lee. the naz dam and s&p 500 hitting record highs again.ere is a staggering stat, five stocks account for 30% of the gains this year. which companies are they? what happens if they begin to roll over? >>> plus, we talked a lot about the retail reck, best buy is a bright spot. it's up now more than 80% in the past one year. best buy the best buy in retail right now? >>> it's back to the future for amazon. we'll, plain. the stock just a few bucks away from hitting 1,000 bucks a share for the first time ever. "power lunch" starts right now. ♪ ♪ got to get back in time >>> here is what else is happening at this hour, it's a good time to buy a house, if you can find one for sale. mortgage rates hitting the lowest level since november. the 30-year fix now 3.95%, but housing inventory, the number of homes for sale, remains very low in some cities. >>> the home of the little blue box is giving investors a gift. tiffany boosting its quarterly dividend by 11% and more departures at ford. this time it's global product development chief is leaving. >>>

i'm melissa lee along with joe kernen and wilfred frost. a check on the futures market. we're looking at a lower one although futures have improved just a touch over the past hour or so. s&p looking to lose about 11 points at the open. dow looking to lose about 84. nasdaq looking to be down about 20 points. we did see an improvement once target reported that stock is higher on the back of better than expected first quarter earnings, second quarter guidance in line with what analysts were expecting. the oil markets reacting initially, to api data. although we're seeing a bit higher for both wti and brent. brent is up about half a percent. we're getting eia later today. the 10-year note, bid for safety so we're seeing yields down this morning, 2.292% and that is the lowest level since the beginning of the month or so. the dollar, this is an interesting one, has lost all of its post-election gain. so we are seeing -- we are seeing the euro higher against the dollar here, so bits of the euro. and take a look at the vix. this is really the start

i'm andrew ross sorkin along with joe kernen and melissa lee hanging out with us today. becky quick has the day off. take a look at u.s. equity futures. dow opens up higher, about 19 points higher. nasdaq up as well. 4 points higher. s&p 500 about a point and a half. this is whis the highest since 1st. is that what the date was? the fear gauge hitting the lowest level in more than two decades. the volatility index closing yesterday at 9.77, the lowest level since december of 1993. >> i can't imagine that's not a place where you would buy. though normal stocks that hit new lows what do they do? hit more new lows. stocks that hit new highs, hit more new highs. it can only go $9 more lower. >> yeah. >> >> this only happened five times ever. >> having always thought in a contrarian way that complacency and when people get -- participants get bullish, you worry. call ratios, you worry. percentage of investment services. if it's that complacent -- i admit, okay, it's not going to be le pen, but the world at this point, there's nothing that we're not thinking about that could h

i'm joe kernen along with becky quick and melissa lee.r indicated up a little bit. trying to -- no, well the s&p is up. the s&p is up 1. the dow has now turned negative down less than a point. the nasdaq continues to be strong on a relative basis up almost 12. check out european markets this morning, they were mixed earlier. and continue to be so. red in most of the bourses but not by much. half point -- half of a percentage point is the biggest move in italy. here's what's making headlines right at this hour. the federal reserve will release the minutes of its most recent meeting at 2:00 p.m. eastern time today. liesman went to d.c. for the release of these minutes. i told him your gravy train is ending. microanalyzing every little comment -- >> who was it we talked to this week said the fed is here and here to say. >> el-erian can talk about that. they said the fed is trying to get out of some of this stuff but basically they never will get out. mohamed is here. there is a term for when there's a crisis and the government designs a prog

i'm melissa lee along with joe kernen. becky and andrew are off today. let's see how we're setting up for the u.s. session today. the dow looking to add about 4 points at the open. the s&p looking to give back in the early going here. a look at the currency markets. of note, the surge in the euro topping 1.10 in early trade. traders citing concerns over the reports that the president disclosed highly classified information to russia's foreign minister. more on that in a moment. also traders are saying risk sentiment in the markets have improved. also the yen versus the dollar for the month of may is down 1.7%. look at dollar index here falling to a six-month low against the basket of currencies. 98.56. the action overnight in asia, of note, the hang seng. the hang seng hitting the highest level since june of 2015 during that session. the picture of europe here, inflation data hit the tape moments ago. a mixed bag. fractional losses in germany and france. >>> home depot just out with first quarter results. earnings of $1.67 a share, coming in 5 cents abov

. >>> i'm melissa lee. facebook and apple hitting all-time highs. nasdaq had record levels, too. the numbers straight ahead. one of the big interviews of the day here on cnbc ben bernanke doubts we can get to that magic 3% growth number. this as the atlanta fed says we could see a forehandle on gdp real soon. netflix soaring to new heights. this is the streaming giant becoming the latest victim of hackers. orange is the new black eye. "power" starts right now. >>> welcome to

i'm becky quick along with andrew ross sorkin and melissa lee.song, i wasn't sure if they said the show could go on or the joe could go on. yesterday was a mixed day for the markets. not too far directionally moves, but the nasdaq had another new high yesterday. he are looking at green arrows with the dow futures indicated up 25 points. s&p futures indicated to open up higher by three. and the nasdaq also projected to open up high. wall street's fear gauge hitting a ten-year low of 9.9 yesterday. the lowest level since february of

. >> i'm melissa lee, thanks for watching.ck here with jim cramer starts right now. >>> my mission is simple -- to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to make you some money. my job isn't just to entertain but to educate and teach you. call me at 1-800-743-cnbc. or tweet me @jimcramer. sometimes investors just get it wrong. i'm talking about some of these

i'm melissa lee along with joe kernen. becky and andrew are off today.ee how we're setting up for the u.s. session today. the dow looking to add about 4 points at the open. the s&p looking to give back in the early going here. a look at the currency markets. of note, the surge in the euro topping 1.10 in early trade. traders citing concerns over the reports that the president disclosed highly classified information to russia's foreign minister. more on that in a moment. also traders are saying risk sentiment in the markets have improved. also the yen versus the dollar for the month of may is down 1.7%. look at dollar index here falling to a six-month low against the basket of currencies.

i'm melissa lee. stocks keep surging. new records for the s&p and nasdaq and the usual suspects keep hitting fresh new highs. corning, electronic arts, nvi nvidia, the list goes on and on. on pace for its best day since march 3rd, snap has traded over 44 million shares today. that is more than double its 30-day average volume. one of the key catalysts for had monday, the surge in the price of oil. crude hitting nearly $50 a barrel. let's get the latest from the y nyse floor and bob pisani. >> reporter: and that's the key. the market in the rotation. let's put up the board. what's been weak throughout the year is this energy, banks and retail. what's leading today? energy, banks, and retail. this is what i talk about this rotation. consumer discretionary but they're lagging today. take a look at sectors in 2017. yes, tech and consumer discretionary but, look, banks and energy have been laggards. they're leading. this is why the market keeps holding up near the top. old stocks keep coming to the fore. new stocks go down a b

. >>> i'm melissa lee. here is what's on the menu, retail stocks tumbling again. today's losers, jcpenney, impact on jobs straight ahead. busiest weekend of the year for home buyers. we will unveil the list of best cities for first-time buyers. and a power lunch exclusive with the ceo of polaris, the trump economy, made in america and much more straight ahead. keep your motor running "power lunch" starts right now. >> we are standing by for the white house press briefing, sean spicer returns to the podium for the first time since the firing of james comey. the president shocking many this morning by tweeting, considering stopping having press briefings and issuing paper statements instead. america waiting to find it out if the president was just making a bad joke. that pressure expected live right here. when it begins, we will take you to it. to your top money news. today, once again, the continued decimation of retailers and their investors' money. today jcpenney and nordstrom's. not impacting your broader market investments. three major indexes are little change

. >> joe kernen is here, melissa lee is here. becky quick is not here.ee her tomorrow ahead of the berkshire health away athaw. the futures, dow looks like it would open higher by 46 points. nasdaq 8 points higher. the s&p about 6 points high. overnight in asia, the nikkei was closed for holiday. the shanghai was flat. there was the debate in france, you're looking at just about everything on the way up i

live from the nasdaq market site overlook new york city's times square, i'm melissa lee. tonight on fast, president trump in israel as his international trip continues. a major storm could be brewing here at home. we've got the details. netflix is up nearly 15,000% since its ipo 15 years ago. but are the big gains behind it or is this still a must-own stock? a major move at ford as it kicks out ceo mark fields amid the falling stock price. we've got a special report on the road to a possible turn-around. but first, with estart off with a rally in the market, the gain since the one-day sell-off last week now approaching record highs. tech stocks driving the rally. up 1%. energy is the sector closing lower today. and that's what we've seen all year. check out the sector leaders for 2017. tech, up 18%. consumer discretionary, up. financials basically flat for the year. stocks grind higher. here's the question. do you stick with what's working or start buying the laggards? >> what has been working recently, but not all through 2016, in my opinion, is biotech. 2016 was a lost

i'm melissa lee, thanks for watching. at 5. "mad money" starts right now. >> my mission is simple. you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer! welcome to mad minute. welcome to cramerica and welcome to our final day out here on the west coast at cnbc one market in san francisco. other people want to make friends, i'm just trying to make you some money. my job is to the just to entertain, but to educate and to teach you, so call me

i'm becky quick along with joe kernin and melissa lee.nning remarks in israel. let's listen in. >> it is wonderful to be here in israel. president rivlin, mrs. rivlin, prime minister netanyahu, mrs. netanyahu, thank you very much. i am deeply grateful for your invitation, and i'm very, very honored to be with you. in my first trip overseas as president, i have come to this sacred and ancient land to reaffirm the unbreakable bond between the united states and the state of israel.

. >>> i'm melissa lee. here is what's on the menu, retail stocks tumbling again.act on jobs straight ahead. busiest weekend of the year for home buyers. we will unveil the list of best cities for first-time buyers. and a power lunch exclusive with the ceo of polaris, the trump economy, made in america and much more straight ahead. keep your motor running "power lunch" starts right now.

i'm melissa lee. here is what's on the menu. the art of the deal. trump speaking in israel, deals with the saudis, $350 billion and counting. defense stocks surging on the news. president trump and israeli prime minister benjamin netanyahu are about to deliver a joint statement any moment now. we'll bring you there live. >>> mark fields out as ceo of ford after only three years in charge. that stock down 30% in that t e time. the road ahead now for the automaker. >>> and a video that has gone viral. a sea lion looking for a

. >> i'm melissa lee, thank for watching.on't forget jim cramer's . >>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now. hey, i'm cramer, welcome to "mad money," welcome to cramerica. my job is not just to entertain you, but to educate and teach you. call me, email