alcoa has it. will you?uch more "mad money" ahead including my take on the potential multibillion dollar fine hanging over google. is there anything it can do to avoid the wrath of the regulators. an oil name i just learned about that has potential to really roar. i am making sure your portfolio is in check when we play am i diversified? why don't you stick with cramer! i love my mileageplus® explorer card. we're saving our united miles... ...for a trip to hawaii. we love free checked bags. i've saved $75 in checked bag fees. no foreign transaction fees means real savings. we can go to any country and spend money the way we would in the u.s. one of the best things about priority boarding is you can just get on the plane and relax. i put everything on the explorer card. i really want my united miles. >>> play ball. that's my advice to google in this market case in europe. hopefully, it is not too late for them to get with the program. google has strong defenses against these allegations. . they may very well

so specifically to alcoa, i don't put a lot of great importance in alcoa's release. you know, somebody has to be at front of the phone book. they have their ticker aa. first to report. they're the front of the phone book. but that really matter? is that symptom of what is going on in the economy? i don't think so. david: patrick, i'm glad we're able to hook you up, anthony valari, jeff cleveland, todd, good to see you all, appreciate it. a jury reach as verdict in the boston marchthon bombing trial. dzhokhar tsarnaev faces death penalty after being found guilty of all the 30 charges. liz: you guys have been in the business of defending criminals. what do you think are the chances that dzhokhar tsarnaev gets the death penalty because of course he is facing it now? i want to start with eric? >> liz, i think is definitely a difficult case this is mount kilimanjaro of death penalty cases. judy lark, well-accomplished death penalty battle. we're in boston where the state does not have a death penalty. it is federal prosecution. it will come down to aggravators, versus mit

alcoa ready to kick off the parade. ceo klaus kleinfeld will be here exclusively just moments after the aluminum giant's results are released. that's coming up just after the ringing of the closing bell. >> and dzhokhar tsarnaev has been found guilty of multiple charges in the deadly boston marathon bombing. he could now face the death penalty. we'll have the latest coming up. >> by the way, i should point out, as soon as any members of the jury maybe some of the attorneys come out before the press, we will be going there live to boston with all of that. so we'll keep you up to date on this story as well. >> pardon the interruption as we do so. the dow is up 11 points. 17,886 is the level. look at that russell rebounding nicely from its weak session yesterday. it dragged all the indexes lower. today up six points half of 1%. the sapp&p is trying to claw back as well. we'll see if we can hang onto the tenuous green arrows. >> jack bouroudjian from index financial partners back with us. so is keith fitzgerald from money m

alcoa kicks off earnings season. the expectations and the realities of this always crucial time period for companies and for investors. and health rewards. how one insurance company is trying to revive sales and get people into better shape. all that and much more tonight for wednesday, april 8th. good evening everybody. i'm bill griffeth in for tyler mathisen. sue herera is also off tonight. so it's just you and me tonight. let's get to it shall we? it was a day of deals, mega deals. if they go through, it would total $100 billion. first up the big one. last night we told you about royal dutch shell in talks to buy bg group. today, shell pulled the trigger saying that it would buy bg for $70 billion making it the biggest deal in that industry in more than a decade back when chevron bought texaco in 2000 for $36 billion. shares of shell finished the day lower by 3.5%. jackie deangelis has more on what this deal means tonight. >> reporter: a big deal announced in the energy patch today. royal dutch shell buying bg's r

there's alcoa, riteaid and bed bath and beyond. we like riteaid, but it's that aerospace line that we're really going to drill down on. because this the last few years, under ceo claus klinefeld, alcoa's gone from being a generalist to having a double major in aerospace and lightweighting. it's a differential manufacturer of a highly sought after material. just one problem alcoa is in the problem of buying rti international materials. that's a double down on its aerospace exposure. and while i like this business i also think this stock for stock deal could put a lid on alcoa's shares until the merger closures. i do like the deal very much and those in a longer term prove, as in a six-month perspective, you might want to start picking some stock up now. riteaid. all right, let me speak candidly about riteaid. let me give you some choice words of this one. as i had to do for my twitter followers this very morning, when they were sweating the allegedly weak same-store sales numbers that the company had just put out. riteaid is transfo

there was a time we used to say alcoa is not a bellwether. everybody is looking for barometers. >> still fair to say it's not a bellwether friend. you look at aerospace. stocks are on fire. we are in the golden age. alcoa should be doing a lot better as a company and stock. it's not. but we had massive double tops at 17.75. i think 50% correction will come in $12.50. i think you get a shot to buy the stock anywhere between $12.50 and $13. on valuation, even though it wasn't a great report, it's pretty cheap. >> and the way the revenues came in, revenue growth still 7%. now, they did miss but they beat the earnings. the way klauss really spun things, on the previous program he was talking how things weren't as bad as everybody thought. >> of course he's going to say that. i mean, come on. >> this is disappointment after disappointment after disappointment. i think on the buyback, somewhere near 13. >> investors aren't happy about it. >>> and the apple watch review. one firm dares to downgrade the stock. is this an opportunity before the watch

. >> alcoa is set to kick off the u.s. earnings season reporting results after the closing bell today. the numbers come after analysts project this could be the weakest set of earnings for the s&p 500 in years. >> despite earnings fears u.s. futures pointing higher as they await the latest fed minutes amid optimism they could delay the first rate hike. >> a meeting in moscow. the greek prime minister appears to meet vladimir putin one day before athens is key to make a payment to the imf. >> good morning, everyone. if you're watching from the east coast and here in london it's 10:00 in the morning. let's get straight to our top story. shares in bg group are soaring after it agreed to a takeoverbid by shell. it's one of the industry's biggest in a decade and comes amid the tumbling price of oil. earlier our colleagues spoke to the ceo of shell and asked him what prompted the deal. we have been look at bg for quite a few years. it's a company that we admire for the strength of its portfolio in integrated gas and in deep wate

so alcoa today, alcoa reaffirmed. 7% in their aluminum business. but 6.5%. intel. j&j.dman sachs. we need confirmation from them -- charles: we better get it. >> again, that bar has been set low. charles: also, we have to talk about these deals. $100 billion in merger activity today. the acquiring names are higher. companies are being taken over are obviously higher. what's interesting about this shell deal. americans can't see bg, which is british gas. it was up 30, 40%. that's a pretty big premium for something that is a commodity. >> they're taking advantage of the fact that the commodity is down a lot. the stocks are down a lot. this is probably not the last deal we'll see. it kind of reminds me, viewers will go -- when chevron, exxon, mobil, we'll probably see a wave of assets spooked up here. what i was encouraged with today, the stocks didn't get hit that bad. a lot of them were down only a few cents. charles: scott see, wscottie, wa million times. the president taking victory laps with the gas. let's export it. let's liquidify this stuff. we have it. the world n

david: alcoa has been on a run for the past three months.on whether the market will be running after they see some these earnings. liz: nicole petallides at new york stock exchange. shares are rising into the close. >> ahead of this earnings report that will kick off earnings season shares of alcoa are up, not as much as they were earlier but still higher. if you look at volume, the daily options volume, twice what it normally is today. david: oil, my head is spinning. it is about to explode on oil. one day up 3%. today down almost 6%, right? >> huge moves. oil definitely selling off today. it was the worst-performing sector. so were utilities. so many of the oil drillers on that strong inventory report. the drillers sold off tremendously. if you look names like southwestern and diamond offshore, traps ocean and down and down in a big way. liz: we have to talk about drugmaker mylan. mylan posted big gains. it leading nasdaq higher after offering by fellow drugmaker that broke earlier today. one index that held on to most of its gains. >> nas

relatively steady premarket this morning as earnings start to hit from bed bad,th, alcoa.il rebounding after 6% decline. ten year's below 1.9. four-week average is at a new post-crisis low. road map begins with retail results. costco sales, bed bath earnings dis appointappoint but walgreen off to a good start. >> alcoa, the q1 results miss on the top line. profit did beat. shares lower in the premarket. >> greece makes its payment to imf. european stocks at new intraday high. christine lagarde first on cnbc later this morning. but first, david's got breaking news on intel. >> that's right. we want to tell people about the talks that have been going on between intel and altera first reported march 27th, have ended. >> yes! >> in fact without a deal. jim seems to be excited about that. >> i knew it was phony. i knew -- they were talk bug just another -- >> let me give you details. >> just furiates -- >> a march 27th story, intel in advanced talks to by altera that got the stock price up and frankly intel's as well what happen i can tell you now, intel made an offer, in the l

alcoa starts the earning season tonight.e have this enormous sand box to play with before by asked him what happens when alcoa doesn't beat on earnings? since 2005 the s&p, they beat on earnings 16 times since 2005. the s&p has been up 75% of the time for the quarter for average return of 4.4%. that was very impressive i thought. then we asked what happens when they don't beat. and that's happened 23 times since 2005. you see there in the box. the s&p is up 65% of the time but not much here. in fact, on average it's down. so there does seem to be a bit of a correlation. it's not obvious why when alcoa does beat, the s&p does tend to do better. this is for the quarter as a whole there. there you see alcoa which simply got destroyed frankly in the month of march on global growth concerns and very difficult time still without -- with aluminum pricing. dow is up 76 points. guys, back to you. >> we're going to be on the lookout for fed minutes later on today. let's get to rick santelli in chicago. good morning, rick. >> good morn

. >>> plus, alcoa kicking off the next round of earnings tomorrow. why one trader says the stock could move 4% on that report. ahead. than a spontaneous moment. so why pause to take a pill? and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction,

when alcoa goes back there to $12, you need to start accumulating it. six months from now this stock will be a terrific play on aerospace and light weighting. the actual price of aluminum will never have meant less to the enterprise in its entire existence. finally, i think you want to take a hard look at the company i just said i'm done giving my free stuff on rite aid to twitter. there are too many rumors someone was about to buy twitter. two articles saying they contacted goldman to sell themselves. there is a new rumor every day. if it isn't google, it's facebook or yahoo. let me give you a real good heads-up here. i think twitter is making a huge number of smart moves. you know how much better it is. you can see noninvasive ads go up more. people are finding twitter more useful in a host of ways. some will never count owning the stock unless they are sure google is bidding for it this weekend. it's not going to happen. listen to me. you own twitter because like facebook, there could be an earnings breakout here which will make people realize the fr

alcoa down 4%. they hit the number, but their revenue came in light. the guidance i guess was below expectations as well. >> klaus kleinfeld talked to us. we're going to look to that bill not because alcoa necessarily should be a barometer, but because it so often is. >> down 6%. the worst performer in the s&p 500. we're not exactly off to a great start in the earnings season that didn't have very high expectations anyway. >> deal-making activity for the year. talk about the fastest pace we've seen pretty much in history. $100 billion announced in just the last 24 hours coming into today's session. so we've certainly got our eyes on that one, too. >> we do. >>> coming up here constellation brands is one of the winners, and that's after the wine beer and liquor company reported better than expected earnings and announced, get this its first dividend since going public 42 years ago. >> so what's driving constellation's growth right now, and more importantly, what took so long to pay that dividend, rob sands? that will be one of our first questions for th

i'm viewing alcoa where it will be six months to a year from now. therefore i think i said it it's a buy. dick in virginia. >> hi a great big booyah. congratulations on your wedding and health and long life to you. >> thank you, same. >> their earnings are decelebrating and and it's rather high. they're going to nail it. and the second is gilead's earnings are due out next week. i wonder if that's the escape into earnings. >> they have to be able to show what they're going to do with their cash because the hep c drug is generating so much of it. we get even more dayta about that alzheimer's drug and then we have the number that's not so hot. every time these stocks get hit, they have something else in the pipe. i say biogen it's okay. after down 28 day. it tends to be down. 350, 360, that's where you buy. >> stop signing about earnings. we have great reports today and they made you real money. get ready for more next week. i think you have to buy some of these in weakness too. mad money tonight looking for a way to play oil and gas, don't miss it ri

alcoa seeing red after they saw a miss on the revenue numbers. >> slight miss on revenue sent the stockn. this is first major stock out of the gate for earnings season. shows you investors might be disappointed what they get. [closing bell ringing] david: energy sector, way up, halliburton, which i own a little piece of, up 4%. they're respectable. not clapping, cheering, not shouting, a respectable clapping at close of today's session. let's look at all indices if we can. only we sign in the red. that is small and mid-sizeed stocks, russell 2000. all indices were up significantly from last hour of trading from the flat area. doing pretty well, nasdaq largest of leaders. less than half a full percentage points. we've seen greater moves many times. liz: russell struggled. this was not a day for small and mid-caps but "after the bell" ready to start right now. liz: when the dow crosses the flat line more than 65 times, the

alcoa hits on wednesday. back above 50 this morning as the saudis raise prices again, recovering from that tumble after the iran nuclear deal. ten-year is below 185, a fresh two-month low. our road map begins with the markets and that disappointing jobs report. bill dudley making some downbeat comments on the economy in the first quarter. >> tesla sales set expectations setting a new record a 55% increase, despite the weak rollout in china. >> and what's missing from samsung's new phone has qualcomm shares moving lower in the pre-market. first up this morning, the march jobs report adding concerns about slow economic growth. payrolls up by 126,000, the fewest since december of 2013. the unemployment rate stood at 55 but average hourly earnings were up 3%. oil prices are on the rise. some analysts believe that iran exports might take several months to ramp up. oil did tumble about 5% on that news. >> i think we're all kind of stuck looking at the same thing, which is that the numbers kind of confirms what we'v

sfroo coming up, alcoa reports after the close.st a few hours from now shares taking a hit this year so far. what's the trade on the aluminum maker? plus, a look at the commodity itself with jeff. he may have his view on the commodity, but three hours left in the trading day. we're going to give you your game plan for the second half as we look forward to alcoa kicking off earnings season. [ female announcer ] who are we? we are the thinkers. the job jugglers. the up all-nighters. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can say, "i did it!" ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours. to build something smarter. ♪ some come here to build something stronger. others come to build something faster... something safer... something greener. something the whole world can share. people come to boeing to do many differen

i think the focus now is on earnings -- alcoa, which typically signals the beginnings of the earningscarlet: when it was a member of the dow. jim: now people are looking forward to the beginning of earnings season. scarlet: is it going to be about the strong dollar weighing on these companies? jim: everyone is focused on that. earnings are year over year basis expected to be down about 60%. we were down last quarter, but the economy recovered and earnings gained up above 10% on average. we could see some dislocations this earnings season. scarlet: do you believe we should strip out energy earnings from the s&p 500? jim: you need to assess energy as its own. you have a group right for dislocation and you need to separate it out for better understanding of earnings on the s&p 500. scarlet: alcoa does traditionally marked the beginning of earnings season but it does not represent earnings at large. jim: it is the trigger but what we can talk about is a good bit of information that comes out of the options market and that is the implied earnings move. wednesday after the close everyone is

we want to hit on alcoa first. let's get to scarlet.s like the top line. >> it is a beat on the bottom line for sure. overall economy's were looking for anything from a range of $.20 to $.31. this is growth from the prior year. on the revenue lon -- revenue line, a little lighter than what analysts were looking for. we are still looking at growth from the same time a year ago. it is interesting that alcoa is revising higher. the global demand projection. it predicted 7% growth for aluminum globally. it is looking at 9% growth. carmakers like ford have been upping their impact. the pickup trucks matt miller is always going on about. they have been demanding more aluminum. that is going into the auto industry. interesting to hear all code -- alcoa raising its view. we are looking at commentary from the company on its purchase of rti, which it bought last month. a lot of questions over how they are going to integrate the company and be about to create some scale and leverage that. scarlet: we have some breaking news on zynga. the ceo will

alcoa i think they'll get hit. they typically have been. you have fiezers companies doing well. ceo of google said we understand and therefore we're going to be fine. and the issue here is that earnings need to be predictable. and you mentioned earlier about hedging versus not hedging. sometime it is works sometime it is doesn't. the end of the day, it's having less volatility. >> we have to leave it there. thank you for joining us. "squawk box" is coming up right now. that does it for us. >>> good morning. u.s. equity futures are down sharply right now following the weaker than expected jobs numbers on friday. and we're, you know, are we up for the year? we're right around up. not up. it's been a tough year for what is thought to be a bull market. >>> a greek promise to meet all obligations. athens look to calm default fears. there's a major payment this week that is owed. >>> and rationing into the record books. furious 7 takes in more than $143 million. the most ever for april movie. one of the top ten openings. it is monday april 6th, 2015 and "squawk box" begins right now.

. >> how do we look at the company like alcoa, getting earnings yesterday. what do you get from alcoa's earnings, play on the notion of a global recovery? >> it's actually not a play on global recovery as much as it's a play on the increasing use by u.s. auto manufacturers of aluminum in their cars. they produce parts in the ford f-150. we see that trend continuing as u.s. manufacturers have to drop the weight of their vehicles to continue to meet government regulations in terms of fuel efficiency. here's a company that's based in the netherlands with operations in the u.s., and has moved significant parts of them here to help that industry. >> all right guys leaving it there. thank you so much for the time, steve and tom. powerlunch.cnbc.com to see steve investment for china. tyler? >>> wait no more. the secret to making money like the rich our wealth editor robert frank, is here and he knows what it is. >> the secret right. turns out the secret to getting rich is not ordinary income. for them, it's all about capital. a study from the nonpartisan tax policy

with aluminum giant alcoa. pretty positive stuff here for the nikkei and following on the current account balance, you mention there in the black for the eighth straight month. now, the nikkei just a quick reminder closed tuesday at its highest level in nearly two weeks, we're going higher still yet. many are really waiting to hear anything that may come out of the bank of japan meeting which wraps up later today. the dollars regain the strength after some of the declines that we saw last week it could be a boost for exporters as well. we may also see further action in the dollar later today. however, big focus on energy and wti crude oil prices volatility still remains there, the recent trend has been upward. however, the wti crude fell a touch after the actual markets closed, the futures markets after the american petroleum institute, said inventories for the past week shot up more than had been expected. we saw a little bit of a drop there. all right. >> ramin let's go back to that rally, the dollars rally.

alcoa shares down 6%. we should note over the past four weeks, and we will of course be all over those latest results as soon as they cross. that's right after the bell. and alcoa's ceo, klaus kleinfeld will have his reaction to the numbers and his outlook. that's today on the closing bell at 4:00 eastern. sarah. >> all right. breaking news in the bond market right now, tyler. ten-year notes this time up for auction. rick santelli tracking the action at the cme group. what's the demand look like rick? >> well, sarah, the demand in great form. it's straight up 1:00 eastern on this dutch auction. c for charlie. about as average of an auction with regard to demand as you'll find. it's actually nine-year ten-month. this is the last reopening, the second for ten-year notes. auctioned a couple of months ago. yield at auction 1.925. 1.925. it was tight. 2.62 on bid to cover. $2.62 of investor money. every dollar is worth the securities for sale. very average. 58.5 on indirects. a little stronger but 9.3 on direct

>> well the usual kickoff is aluminum giant alcoa.t did see shares actually falling in after hours. and that was after revenue forecasts fell a little bit short of expectations. we're going to have a whole bunch of earnings reports coming out across a lot of different sectors, but also i want to focus on china-related exchanges. let's not forget the hang seng rose 3.8% yesterday. the shanghai composite gaining as well. global investors really taking note of key sectors such as high-tech, transport, and consumer-driven shares. i'll definitely be watching out for those exchanges as well. ai. >> and in currencies we saw some volatility in the dollar after those fed minutes came out. how are key pairs trading now? >> definitely that pair was closely watched. 120.13 to 15 right now. it actually initially slipped against the yen after the fed policy minutes were out. they're showing officials a little bit split over the timing of a rate hike indicating the fed may be unsure over the direction of the u.s. economy. it's in a bit of a tight ra

we'll see from alcoa. i think alcoa's going to be -- at 12 bucks it discounts negative.ls are not down like al coa. >> oppenheimer throwing in the towel on american express. >> you know who you're up against? up against visa and mastercard. are there two companies with better ceos in one industry? i mean they're remarkable. >> yeah both strong. >> these are first name guys. >> first name. >> like cher. >> cher. >> like cher. charlie. cher. >> how is cher? >> i none know how cher is. >> she's great. >> still great? >> active on twitter. >> she can turn back time. >> if she could. >> cher, charlie, people in our business, we have first-name people. jamie, charlie. give me some other first name people, les. >> really? >> elan. >> i think les is a first-name guy. >> warren. >> definitely first name. i'm going to put together a list of first-name guys for "mad money." >> do a wul of those. >> yes. guys just so incredible that we just accept them. you know we just accept them like sting. >> or oprah. >> oprah, sting. i'm going to do a comparison. tim. >> anytime you need help

. >> among our stocks to watch today, alcoa had a mixed quarter. now we're calling it a former dow component. the earnings and revenues were a bit short. many retailers are going to report monthly sales with costco dropping 2% in march. but same store sales rose 4% but both numbers were short of estimates estimates. full year same store sales guidance was a little bit light. that's got the stock down a little and shares of zynga are under pressure. the ceo is re-signing and the founder is going to return to lead the social gaming company. 33 cents is not a lot but it can't go down 33 cent toos many more times i don't think unless it welcomes like swiss interest rate which is are negative. >> for ten years. >> for ten years you pay someone to hold your money. >> you give your money to the swiss government and ten years later they give you less back. >> you agree to that up front. >> and then in mexico. 100 year bonds at 4%. they're in euros so within a couple of years when the euro is gone they'll go what? we don't have to pay it. >> euro is gone. w

alcoa will be reporting earnings tonight. we look at it as the start of earning season. things slow down this week. we get bed bath & beyond walgreens tomorrow. it gets into gear next week. on monday, we have the big banks. matt: look forward to your market coverage through the day. rahm emanuel will run america' third-largest city for another four years. peter cook is in chicago with more on a manual's win. it looks like he got through but had bumps and scrapes along the way. peter: that is pretty much an understatement. rahm emanuel will be chicago for the next -- will be merit chicago for the next four years. he won with 56% of the vote last night. emmanuel was helped by strong support in the african-american community and the $22 million in his war chest that allowed him to blanket the airwaves. in his speech, he thinks supporters for their help in did say that this experience has changed him. he told the voters, i heard you. >> i am humbled at the opportunity to continue to serve you, the greatest city with the greatest people for the next four years. peter: in his

stocks looking for directions as a digest earnings from alcoa and bed, bath and beyond. any dimon worried about a shortage in u.s. treasuries and is a new deal within reach for greece this month question mark "street smart" starts now. here are the top stories we are watching ahead of the closing bell -- terrell electric is nearing an agreement to selling real estate portfolio worth as much as $30 billion to blackstone and wells fargo according to a person with knowledge of the matter. an agreement could be reached as soon as tomorrow. the firm says credit siu's may shut down the government that and for next date -- foreign-exchange business and put the securitization up for sale to an american competitor. deutsche bank says credit suites may scale back their fixed income business in emerging markets. john paulson has merger strategy gains 10% this year thanks to consolidation among drugmakers. bloomberg has learned the firm posting again last month using leverage to -- is using leverage to amplify returns. and has declined from a peak of $38 million in 2011. we have les

earnings season is upon us alcoa kicking it up beating estimates.i'm underdressed. he helps me understand -- i should probably wear a tie. he helps me understand equities. you write that we could be seen in earnings recession but that might not be a bad thing. adam: we are in a earnings recession without an economic one. you don't have the gdp declining. what is currently embedded in the bottom-up consensus numbers down earnings in april and then down again in july. we looked at how often this happens and what happened following that. surprisingly, it was not a negative harbinger. it happened in 1986, 1999 -- if you look at the quarters after those periods, the market was up 13 out of the 16 quarters. it's about believing things will improve. you have an interesting set up right now, the consensus numbers are too low. they are for $119 in earnings this year. about in line with what you had in 2014. have come down so sharply is that the expectations of our 40 earnings growth. -- for zero earnings growth. our number is 124. even if you are incredibly

having sifted through alcoa's comments i didn't see anything about the u.s. dollar harming them.before the election now. how are you feeling investors are feeling themselves ahead of the election? stocks keep edging higher both in europe and the u.k. european stocks touched a record yesterday. finished at a 2,000 high. we saw the ftse fall but they are near all-time highs. can this continue or will preelection jitters kick in soon? >> at the moment the most likely outcome is going to be a labour minority government which doesn't bode well for stability as far as the country is concerned and as far as our efforts r-to conquer austerity are concerned. what is going on with oil prices, the m&a activity, that sort of thing rather than being worried too much about the election. as we get closer i think the focus will shift. not the ftse 100. maybe the ftse 250. for the time being, we're not getting too nervous about this election. i think maybe a week or two down the road, it might be a different picture. mark: market strath strategist at i.g. group. caroline: we'll go live to paris.

alcoa was down. but walgreens higher by quite a bit.et's show you what european markets are doing this morning and they're on a tear thanks to qe. the dax hitting another record high and this morning's trading session currently higher by more than 1%. industrial data out of europe this morning was slightly better than expected and we are are also close to record highs for the ftse 100. cac 40 up by 0.2% lagging a little bit. another market and region that has really seen massive gains that's the asian trading session or asian markets really. the hang seng higher by 8% this week. this is as a lot of mainland investors were piling into the hang seng because they thought there was still some value left in the hang seng. the nikkei 2-5 this morning reaching through the 20,000 level for the first time in 15 years but still below that now. but higher by 2.4%. the sang high still seeing very good gains this week of 4.4%. >> yeah carolyn, let's look at what's going on when it comes to some of the cross rates out there. we've been seeing the dol

alcoa stoking fears of a weak earning season pushing the stock down about 4%.ccording to thompson routers. it may not matter for most americans. the survey at bank rate, 52% are currently not investing in the stock market. (?) as we've seen all these highs, that breaks my heart. you have to be in there. buy the index. stay in. allocate. >> you want them to buy the index when it might implode? melissa: over a very long period of time. buy it and leave it. >> and not look. right? melissa: well watch the channel. please look. >> there's a bubble. what happened? did someone make a call? did your husband yell at you? melissa: no. i do think the equities are a bubble. private equity investors. not public companies we're talking about. i think equities are in a bubble. over a long period of time, you can't sit on the sideline. you get out when it pops then you lose. if you're in it 30 years, you'll make money. >> if i break it down in a manageable way, is the fed going to raise rates in a possible slowing economy, which looks like -- melissa: dudley said more likely t

alcoa posting results after the close. s&p to shrink 3% from last year. and the minutes of the fed of march will be released at 2:00 p.m. eastern time. >>> and few of stockings on the move tesla announcing upgrade of its flagship model s featuring larger battery pack. and motor drive. and self-driving software. >>> and noble energy with half of the jobs in the colorado operations. apples, the analyst suggests difficulty issues for handset sales could weigh on apple's shares. >>> governor jerome powell speaking in new york this morning. among the highlights he said the fed should look for a little more proof than usual that labor markets are tightens. powell argues economic standpoints can help move gradually to help the fed make up lost ground. >>> job openings have surged to the highest level in 14 years. the sold jolt report showing over 5 million job openings in february. but a number of americans actually hired, the jobs declined. let's talk about the labor and the market and the x-rays gap. joining us alan krueger, pr

let's talk about the subsidies. >> when it comes to alcoa you make the call.hat's ironic, is while the administration is pushing all these green energy initiatives in these country. when the comes to iran, what are they doing? they're pushing nuclear power. they got a lot of sunshine over there, why aren't they solar powered? >> it's a peaceful program. >> that's why they should be pushing solar in iran rather than a nuke bomb. >> unbelievable. >> where can we find -- >> he's going to be on our show. he is suing bank of america for $20 million. we want to talk about why he -- >> the outstanding defensive lineman. >> he'll tell me when he joins me at the top of the hour. >> you don't think about nfl players as investors. >> who told him what to do with his money and why is it bank of america's fault. >> is there any possibility you could get the ceo from alcoa today? >> he's made a statement about the loan actually. basically he said we're happy to be in business with the government. >> you make the call, maria. >> they are going to use that money to expand the

alcoa not everybody was crazy about the quarter. it's a company in transformation.ike to say there is always more. i'm jim cramer i'll see you tomorrow. >> tonight on the profit... i go inside skullduggery, a toy company that should be filled with imagination and fun. >> it was kind of, like, confusing. >> can you read? >> instead, i find two brothers struggling to make a profit on merchandise that kids don't want while falling short on creating new hit games and toys. >> it's our first game ever. it didn't do very well at market. >> the toy industry, while enormous, is a brutal and competitive game. >> these toys seem like they're already out there. >> and if the brothers can't learn to innovate and sell... >> steve, why do you think nascar's good for skullduggery? [laughing] >> they'll get shoved to the back of the closet with the other forgotten toys. you basically just said, "[bleep] you, i'm just not gonna do it."

stocks looking for directions as a digest earnings from alcoa and bed, bath and beyond.ed about a shortage in u.s. treasuries and is a new deal within reach for greece this month question mark "street smart" starts now. here are the top stories we are watching ahead of the closing bell -- terrell electri

alcoa sent the stock down after hours. parts of indiana and missouri have seen thunderstorms today.re violent weather is on the way for the central u.s. moving eastward later today and tomorrow. it will bring large hail damaging wind and even tornadoes. the highest chance of tornadoes stems from the kansas oklahoma border to the st. louis area. the highly anticipated u.s. airways merger is one step closer to reality. the faa gave two airlines the authority to operate as a single carrier. eventually the u.s. airways name will disappear. those are the stories in the news tonight. back to the california drought, former hewlett-packard ceo carly fiorina is catching heat from liberals today for saying the water crisis in california is man made. desperately needed water is being washed out to sea instead of being channeled to the people who need it. with us now from california is wayne rogers the chairman of wayne rogers & company. good to see you. >> does she have this right? is this a man-made crisis? >> i'm not so sure about that. you know predicting weather is a hazardous job in any c

the first blue chip earnings report is going to be thursday, alcoa, street's looking for them but overall's very, very bad. this is the lowest it's been in a long time. first time i can remember year-over-year earnings actually being p down, going back maybe to 2013. so, hillary, earnings season? >> okay, the bar is so low that, yes, it is going to matter, and i think that all the companies are playing games with ultimate us. at the very -- games with us. expect april not to be the coolest month. >> i happen to agree with you. we see the preannouncements come out. discretionary u6% increases, i think we're going to see a lot of stocks rally. charles: it's a beautiful thing, jim. if the earnings are good, hey, we beat 'em, if they're bad, we told you -- that's a heck of a scenario. >> it's a complicated world, but the expectations are very low for the first quarter, a little less low, but low for the second quarter. the key is the third and fourth quarter and what companies say about the third and fourth quarter and their estimates for that, and their full-year estimates -- charles: guidan

on the company front, we are watching aluminum giant alcoa.look to this report as the unofficial kickoff to earnings season. this time around analysts are not as positive on earnings power of corporate america as they have been in the past. estimates are that we could see a year over year profit decline for the first time since the financial crisis. certainly one to watch, alcoa, as we get going for earnings season. back to you. >> dominic chu, thank you so much. good to see you. >>> coming up california drought threatening to squash a trend in the food industry. we are live from a bison farm with details. >>> we are on verdict watch in boston with the accused bomber dzhokhar tsarnaev could be getting the death penalty. >>> a live look in north charleston, south carolina. protesters call for justice for walter scott, shot and killed by a police officer saturday. here is what scott's father said earlier on "today." >> when i saw it i fell to my feet. my heart was broken and i said oh no, it can't be. and when i saw it, i just couldn't take it a

at the pointed where we get earnings, we can say, hey that's it wast worst may be over and report alcoa when it reports thursday. why not? stocks down 15% for the year. part is it is an skwirks even though it's a good deal it will help out in the back end. we like subpart, we're not greench, we like it for the stockmarket because the vast people do better in a slower economy. think about the real darlings the benefit managers, mckesson. they all benefit because of good earnings while the technology industrial stocks since they were internationally based they may not. you don't sister to fret about the latter though as i said people think the worse is the over in these down and out stocks or you would not have a rally in microsoft and sanders. now, here's the harshest i can render. i read a massive amount of commentary about the jobs number beginning when it was reported 8:30 a.m. friday. there was instant analysis at 8:twlun. i'm proud of the fact that i identified it as being good for the stockmarket. even as the futures industry pronounced wrong, but can we stipulate going forward onc

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train ♪ ♪ your ticket to a better night's sleep ♪ >>> the unofficial earning season kicked off by alcoat of estimates. the stock is down a little bit right now in after-hour trading. worries about this earning season. it's going to be a bad one, perhaps one of the worst since the beginning of the great recession. >>> harry reid he is getting down and dirty over his mitt romney comment that he did not pay his taxes. >> i have paid taxes every year, a lot of taxes. >> that's a phony answer. of course he paid taxes. what he didn't do is let us see his tax returns. >> who was that source that you used? >> more than one source. i'm like you. i don't give up my sources. >> in an interview you seemed to justify a possible fabrication when you said romney didn't win, did he? >> i have no repentance. >> there was no evidence? >> listen there's an easy way to resolve this. let him give us his tax returns. >> is it time for politicians to be held accountable for what was said and what is said on the senate floor? crystal, harry reid, again unrepenting might be an under statement at this point. rea

. >> kicking off with alcoa for earnings. it's going to be a very interesting erpgz season.hat expectations are set so low that we'll come out with pretty positive results. >> josh. biotechs, fdi is one of the -- equal weight biotech. we talked a lot about them derailing the rally. obviously, it's kind of foolish in hind side. you see biotechs essentially give back 15% over the course of five days, and then completely reverse. up 20% on the year. try to avoid those types of narratives going forward. >> dr. jay. >> i'm going to pick, judge, get it, pick? >> yes. got it. >> i'm going to pick valero because when we spoke with christian about refiners, he wasn't as much in my camp as tobias short-term. i like buying them on dips so, that's what i'm doing today. >> a couple of things of note there. i think you pronounced husband last nim correctly and the name of the firm correctly, which would be a first. >> that's right. >> the baby has been born, scott. >> the baby has been born. >> a risk for yourself even going there on this program. he is talking about it going up to $60 an

first, alcoa is always ones that kick off earnings season. this happens. wednesday. ones should you buy ahead first quarter results? michael pinto. jason rotman and phil flynn, fox business contributor and senior market analyst at the price futures group. michael, we know it might be a downgraded earnings season. we know a lot of companies are saying, hold on, tap the brakes, we don't do as well as we thought we did. put that aside what name would you buy in advance of earnings season? >> i own gold in the inflation, deflation portfolio. the dollar is up 20% in the last eight months. i think pace of that increase will mollify and ameliorate and so i'm buying gold and. yield curve will invert early 2016 and disaster for stocks. liz: disaster for stocks. >> disaster. liz: we have not quite seen what you have called for in the past. we're still waiting. i'm not holding my breath because i would die. >> market is flat this year. liz. it's flat. liz: we are, slightly up. today pushed us over. we had decent rally. jason, which name would you add to a portfolio in advance?

. >> drop alcoa down 3%. >> bad earnings on this.t was a couple months ago when it was trading at 17. we talked about how it could drop to 12. didn't get quite to 12, but got to 13. i think against the lows of this week you're probably all right dipping your toe in. >> big drop for zynga. i'm not really interested in this one. if you look at the short interest, you want to see a high short interest. only about 9%. there's not a lot of guys that are torqued ready to buy any type of good news. and the stock is not even oversold. >> and we've got to pop here for brain freeze. 7-eleven announcing a new special saying bring your cup. they will let people bring their own container. patrons can use plastic hats, teapots to slurp down their flavor. but there is one caveat. the container must fit in the 10 inch hold display. which means inflatable pools are not allowed. >> they shouldn't have any of that stuff. that's pure sugar. i mean, that is killing the youth of america right now. >> moderation. >> everything in moderation. >> when you're