considering that we had a weak adp, weaker than expected adp, and friday dls coming out.yment index, moved from 55.7 down to 51.6. might as well look at new orders. moved from 59.2 to 59.5. we'll call that a push. we moved up just a smidge to 182, hovering at two-week high yields should we close here. equities liked it to up 24. back to you. >> thanks so much. let's dig deeper into the data. steve liesman join us from lq. >> this plays a roll in than first, there's sigh of relief. we've had soft data. the ism manufacturing on monday did not come in at expectations. the factory orders were below expectations. this is nice coming in around expectations. new orders number at 59.5. concern this could have been weather-related. no sign of that here. haven't had a chance to read comments yet but i will. this is not from this but the auto data yesterday which was strong. there's 2.9% a pretty good number. coming off the fourth quarter 2.6. one piece of data so far, tracking estimate is 2.8 to 3% range. it would be a good number if it holds up given the data yet to come. adp numb

the adp spooked the market. bad number tomorrow and friday, these are buying opportunities, volatile numbers month to month, year end we'll be fine. charles: are you in a camp that says bad news is bad news in the market? >> bad news is buying opportunity in the market. >> goldman after the adp number lowered consensus. i wouldn't be surprised if consensus friday is 210, 220. i think we need 250,000, really 350,000 at this stage of the name. what are you watching, neil? >> i watch everything, if you believe that the market is going to be up between 8 and 12%, don't let the midday or daily things bother you. buy, hold quality companies like a clorox. charles: i love it, baby. scottie? >> gas prices are going back up. the good news, the window of opportunity seems to be closing quickly. there is a vote in the house soon possibly tomorrow, but it looks like it will fail. transportation ends may 31st, hence why we're having the conversation right now. looks like we might keep the pennies in our pocket. charles: a lo

>>> raking news from adp. >>> adp reports from the month of january the private sector created 200,000did revise up the prior month, now 253 from 241. that's plus 12,000. probably the best number plus 31,000 on goods which is 18,000 on construction. and 14,000 on manufacturing. otherwise, no big stand outs. kind of a broad-base growth. different size of industry. >> don't we have zandi here. you're giving his numbers before we go to -- >> i thought we would go through it. and let zandi do it. >> he woke up early. >> i can't believe you sold this -- you need to be cut out of this area. >> i mean what exactly that you're exactly providing? do you have any data? >> these are your numbers. you're here to intro him. >> i was just about to that. >> becky had told me. >> joining me now is mark zandi after spending a minute and a half of our three minutes that we have on joe. >> i'm all for steve doing that. >> yeah. >> i would definitely botch it. >> yeah. >> mark zandi, what do you make of the number? >> it's a good number. anything over 200 k is say solid number we annualize that. the growt

payroll processer adp said businesses added 213,000 jobs in january. that was slightly less than the 223,000 new private sector jobs that economists had been looking for. but it also was the fifth consecutive month of gains over the 200,000 mark. the government employment report for january is due out on friday. >>> more details today on the federal communications commission's plan for the internet plan operation by wired.com. the fcc chairman tom wheeler said his agency will outline, quote, the strongest open internet protections ever proposed end quote. the proposal would prohibit internet service providers from blocking or slowing down web sites or charging companies for faster content delivery. the plan will not include things like rate regulations or tar i have haves with time warner and comcast, the parent company of cnbc which produces this program, sent those shares higher. >>> ralph lauren cut again, slashed revenue growth forecast blaming a stronger dollar and weak consumer spending. net income fell during the quarter as the company spe more

copies hide more than 200,000 workers according to the adp private payrolls report. -- u.s. hired more than 200,000 workers. the jobs report comes out on friday. we will have the details as soon as the report from the labor department comes out. bill gates gave 1.5 billion dollars of microsoft stock to an undisclosed entity back in november. the transfer decreases his stake in the company to 3%. he has a net worth of $82.9 billion according to the bloomberg billionaires index. we are getting word that universal pictures will release a movie about the life of steve jobs on october 9 of this year. the studio acquired the project based on the biography from sony. alibaba making its first trial drone deliveries in china. its e-commerce rival, amazon wants the u.s. government to speed up approvals for its drone tests. amazon is limited to testing remote deliveries outside of the united states. that is a look at the top stories this hour. seahawks fans, turn away. the patriots have been making their way through the snow we streets of boston drawing wild cheers from giddy fans. wel

adp reported. you look at the bls numbers. they didn't grow as much as they had been previously.rles: what about your own business? what are they telling you? >> yeah, small businesses, we definitely see that they are investing. they are ramping up. they're optimistic about hiring. they want to add to their staff. but making that hire is such a big investment. you know, if they only have five or ten employees, adding one person they want to get that right hire. it's a big investment for a company. but overall, very optimistic about growth in 2015. companies are adding and predicting that they will add. >> and spending on capital expenditure. we talk about capital expenditure about why and how companies are growing. we're seeing these small businesses where two years ago they didn't want to spend extra money on getting new computers and printers. now they're going ahead and doing that. while they may be hiring new people, the reason they're careful on selecting that perfect person. it's expensive. look at the health care costs. charles: sure. >> quickly, i'll say, they're also sta

i did witness some of the children were malnourished and yesterday i was in wye an adp camp and therewas a clear problem with malnutrition ploongs themalnutritionamongst the children. i've been trying to avert that right now. peace builders community builders, from the training, computer training and others, they develop projects inside of their community of which they are able to try bring peace to the area. and then they create a network amongst themselves to try to keep connectivity and communication going between the different villages to avert any sort of conflicts in the future. >> now wreckage from a plane that went missing in chile more than 50 years ago has finally been located. mountaineers came across the remains of a douglas dc 3 the crash happened in the andes mountains. stunned the sporting world at the time and has remained pooh mystery until now. forensic experts said they found flaws in the investigation of the missing 43 students in mexico. identifying the students remains they found dna linked to other people not the missing students. the case has been pending since

wednesday, the eia report, now it's a critical report and adp comes out with jobs report. >>> and thursdayn't a big deal until it started going back up and friday, the all-important employment report. there's a lot of stuff to chew through, the biggie is the jobs report, lindsey what's going to happen on friday? >> the most exciting day of the month. >> you are economists, you get dressed up for it. >> we put on our t-shirts. january slowed that 300+ thousand pace week going to continue to see the number push below 200 in february. a lot of disruptions from weather to port closures to the general malaise in the economy, that will translate into the employment numbers monday. >> do you think the magic pen comes out or give it to us straight this time? >> there have been a lot of revisions, tough to judge payroll data this time of year, seasonality can come into play. in general, we are going to see a continued decline. >> if it was under 200,000, what does that do to the market? >> i think the market gets hit on that news. >> i think it does, too. now the trend goes the opposite direction,

i think the situation has changed we have the adp jobs report it cavemen below consensus.he lowest level since august and we see with small businesses traded -- of the jobs in the service area of the economy but it was not enough. we learned with the economy with a service economy employment was down actually barely above its debate -- expansion. it is the big lie with respect to the nation with the unofficial employment rates of 5.6%. this is what a lot of people have known about but according to them 30 million americans an underemployed or unemployed. we have to get a handle on tomorrow's jobs report. we have to of the best. with all the data we have gotten does that change your mind at all? >> i am more optimistic the headline tomorrow will be a good jobs number. but my concern will still be labor participation you can look much further to see what is happening. charles: so the big lie but what mainstream understands. you can say are but they're not "making money" and cannot sustain a family by themselves. what are you looking for? >> so why are people not wanting to w

that's according to adp. economistists economists expected 225,000. that's it from cnbc.n american factories. at weathertech all we do is create the highest quality automotive accessories including laser measured custom fit floor liners. order yours today at weathertech.com or call 1-800-car-mats weathertech floor liners. proudly made in america. imagine if razors could move up and down, and all around. hugging tight, swirling left and turning right. behold, new venus swirl. the only razor with five contour blades and a flexiball. to contour to your tricky places, bones, bends and all. smooth and steady, going this way and that. bumps and grooves, curvy and flat. for skin as flawless as flawless can be. new venus swirl, try it and see. ♪ by 1914 the dodge brothers quit the ford motor company and set out on their own. they believed in more, than the assembly line. they believed driving was a holy endeavor. a hundred years later, the dodge brothers spirit lives on. >>> so scott walker is doing it and he is running away and these clowns on our side don't even understand it y

. >> adp out yesterday.usinesses dwarfed the amount of job creation than large businesses again. so not uncommon. happens all the time. here's the thing also people want it's a risk. you are taking a risk when you start a business. for that risk you don't want to be beaten up by your president, you don't want to have higher taxes. you don't want to be demonized because you actually took a risk, took money thaw saved for 15 years belt-tightening and borrowed from family and borrowed from friends and sunk it all into this thing. if it does come out great you have created jobs. you should be put on a ped tell, not beaten down. melissa: celebrated. >> great commercial at super bowl, guy looking at spreadsheet. you are not enjoying the game right now. that is, that is my husband. my husband's has a small business. that is that sweat equity you have to deal with. melissa: celebrate those people. >> they're being pushed out of it. melissa: absolutely right about that. charles, you have a huge event live from the wo

adp private payroll tracker says firms added 213,000 jobs in januaryly in line with expectations, althoughthe weakest gain in four months. most analysts expecting to gain 230,000 jobs last month. we are expecting the unemployment rate to stay steady at 5.6%. off big gains for two days including the dow, more than 300 points yesterday. that's crude posted a huge rally well over $50 a barrel. crude pulling back a little bit today so stocks are taking a bit of a breather. let's check the boards. see how we're doing. the dow down by 15. nasdaq down 22. and the s&p is down by 8 points. michelle and frank, back to you. >> we'll take it. okay, brooks brooks, thank you. >>> a mysterious minivan is cruising around the east bay. we saw it on concord boulevard yesterday. there were two people in it. the van has no markings. but it's covered in what appears to be cameras. the dmv says it is leased to apple, but the company has no comment. one tech analyst says he thinks it could be a prototype for a self-driving car. >> snooping around the east bay, huh? >> yeah. trying something out. >> we'll see, i

pay lossty has to go up against adp and pay czechs and cloud-based competitors like workday. money. right now the stock is factoring in lots of potential up side that may not exist, given so much competition. i would also be a seller of a-ten networks. this supplier of software-based applications in networking solution has seen its stock get hammered to 4 bucks and change. you have no idea where it used to be. but the revenue growth is fairly slow earnings not existent. this is the one i recommend selling in the next up draft. here's the bottom line. stop listening to every commentator who claims we have another tech bubble. we just had a bubble in the cloud stocks a year ago. we have been through the fallout. and while many losers from last year's ipo glut are still around, they're not the same as the high-quality tech stocks that have been fueling the nasdaq's recent run. why don't you stick with cramer. ok, if you're up there, i could use some help. smart sarah. seeking guidance. just like with your investments. that sets you apart. it does? it does. you're type e*. and se

adp today, 213,000, it's making me feel that all those job gains the last year were not just oil. >>e a guy that went all-in for the most part in energy with your portfolio. what about some of these names as i mentioned? the big gainers? >> short-term trades i think you could take profits on some of these names that have made t8xrc massive moves over two days. keep in mind when you see a jump of like 20% over a three-day period, judge, that same stock declined by 25 or 30% over a two-week period. >> which i'm glad you make the point because it becomes maybe one of the most difficult things to do as a trader for that matter an investor, you've been in these stocks they've been down, i don't know, 60%, they get a rally as i showed you 13 to 30%. >> absolutely. >> and you're thinking maybe i got to stick with it now, getting my money back, getting my money back and yet maybe you should, you know -- >> and they're not just going to trade on oil though. they will the same way solars do, you will see some of these oil service stocks drillers land and speed drillers moving with oil price up

the adp survey was pretty close to the mark for the prior month to the non-farm tables number.his is the last opportunity for econ us and investors to refine their employment projections before that labor department report. the consensus for that number is an increase of 2000 -- 231000 for the month of january. u.s. stock index futures remain lower. u.s. yields moving to session high of 1.8231%. not much of an impact. >> thank you so much. it is 15 minutes past the hour. world news headlines this morning. jordan has executed two prisoners accused of -- convicted of terrorism related offenses. a highly disturbing video of a captured jordanian air force pilot being burned to death. that video sparked protests in jordan's capital today. executions are being seen as a response to the actions of the islamic state. new figures from the u.n. show more than 5000 people have been killed in ukraine since april last year. the rate of civilian deaths is accelerating the 220 people dying in the last three weeks of january. esther day, three people or killed when a shell hit a hospital. the

companies hired more than 200,000 workers according to the adp payrolls report. 213,000 employees wase than estimates. a shakeup at result -- at brazil state run petrobras. a number of executives have been accused of taking bribes to award construction contracts to government employees. allie baba has gotten a jump on amazon. making its first trial drone deliveries in china. delivering tea packets to 450 customers. if amazon wants the u.s. government to speed up approval for drone tests jeff bezos this morning. >> slower than i would've anticipated. we always knew that. the faa has their hands full trying to figure out how to regulate drones. >> amazon is limited to testing remote deliveries outside of the u.s. do you want to know if your partner will cheat on you? you can check the length of his or her fingers apparently according to a new study. people with the right ring finger that is much longer than the index finger of the same hand are more likely to cheat. >> it is different if you look at your hand from the inside or outside. >> my husband is all good. all set. the studies as

there's risk to the down side just based on the adp report this week and the employment component ofhe services index but the unemployment rate is important because the fed has a 5.2 to 5.4% estimate of their inflation rate of o unemployment and we're just a few from that while they have rates still at zero. so wages are going to lack that so even if we see a disappointing wage number that does not necessarily make the fed believe we're not going to see a pick up. i'm sure the headline number will be above 200,000 again but i think all of this combined buts the fed in a tight box as they walk into their march meeting and specifically their june meeting after that when everyone is looking for them to raise rates. >> another factor is if we do see a impact how that will be profitability investors focus on the fact that it's at a five year low. do you think we could see the change that we're seeing more people leave the hay boar force that they're now retiring? >> it's interesting because baby boomers participations rates have gone up. it's been the strange decline in the 25 to 50 categ

january adp employment report is out at 8:15 a.m. eastern. forecasts call for increase of 240,000 in private sector payrolls. we get the report on friday as well. 235,000 expected. at 10:00 a.m. january ism services index. governor powell and president mester will speak. gm, merck and clorox before the opening bell. after the closing bell 2st1st century fox. >> he cut his stake in media giant news corp. it reduced it's holding to 1% from around 6.6%. the sale will generate around $187 million. shares are down over 12% over the last six months despite a strong move yesterday to the upside. >> let's take a look at disney because disney's first quarter results beat forecasts boosted by dvd and toy sales of none other than frozen and as visitorsvisitor visitors flock to the u.s. theme parks. they have not seen a major impact from a measles outbreak at disney land. each reported higher than reported operating profits. cable networks saw a decline due to higher programming costs and that was offset by a big squump at -- jump at abc. >> just a great

adp on wednesday. productivity thursday.nd then the estimate for jobs i think is 235, which is lower than the three-month average of 288. and the estimate for wages is again for a slight gain of .3 even though we've been let down in december. november was revised down a touch. >> and with that 200,000-plus job creation number a lot of folks are saying it's a factor especially when it comes to the bond market what the federal reserve is looking for. the other big story, of course is the presidential budget. set to kick off the new fiscal fight with congressional republicans. of course, we're going to talk a lot about this. this is the $4 trillion budget. calls for more infrastructure spending. but pays for it in the way of higher taxes. for instance, on corporates. let's talk a little bit more about the president's budget. we've got -- do we have out in washington, d.c. right now? chris van hollen joining us here to preview, congressman from maryland, a democrat and ranking member on the house budget committee. thanks for joi

adp, nonfarm payroll, we have the spending report coming out on monday. >> fed stress tests. >> alsog out about those. >> very true, but to see if this is a true recovery. >> we're still in a tale of two worlds. next week is the big geneva auto show which in my world is huge. you have brand new ferraris rolls royce, suvs, and that top of the top, not just the top, but the top of the top, the super cars the top of the 1% market is just gangbusters. they can price these things whatever they want and they're selling out. >> who is buying? >> bugatti just told the last of its $2 million car. they're sold out. who is buying? look at all the wealth creation that's happening in the u.s. right now. whether it's in tech whether it's still in energy and overseas even though we have seen weakness there's still a lot of new millionaires being created. we have right now more than 9 million millionaires. i was looking back at nasdaq 5,000 in 2000. we had around 4 million millionaires. >> wow. >> in the whole global -- >> just in the u.s. just looking back at 2,000 versus now we're more than twice

but even today we got the adp numbers which sort of gives you an indication of what friday's number willonth that really is pointing to an economy weakening at a time when we've got more immigrants coming into this country and unfortunately, they're being given the work. >> you have so many full-time jobs being knocked to part-time jobs. >> that's an obamacare issue. because as you know you've got total rules in terms of how many hours you have to have a full time worker work in order to be forced to give them benefits. what are employers doing? they're basically saying if i'm forced to give more benefits to this person, i'm going to cut them back to part-time. that's what we're seeing happen. >> it got more steep when you're an american citizen you're thinking my competition is someone who is illegally here. >> exactly. >> don't miss maria on the "fox business" network. we don't miss her. >> thank you. >>> coming up, this woman convicted of blowing up a crowded supermarket filled with women and children. so why is a college fundraising for this terrorist? what's that thing? i moved our

adp and bureau of labor statistics. right now we're looking at brighter than hoped.g is slipping away just a bit. back to you. >> okay rick. thanks. the president as you know releasing details of his fiscal 2016 budget today. vowing to end what he calls mindless austerity. and reversing the across the board sequester cuts of 2011. congressman paul ryan appearing on "meet the press" signalled a willingness to work together on taxes. >> we want to find common ground on tax reform and exhaust that possibility. if and when that possibility is exhausted, then we will put out what we think ought to be done. >> and joining us now, jason furman chairman of the council of economic advisers for the president. jason, thanks for joining us. good morning. >> good morning. >> a lot of people are calling this the opening. you got a cash proposal at eight and change. now the president's proposal. i'm talking about on the repatriation side of these things. is this something where there's some wiggle room? would you advise the president to try to work with republicans and find some co