we have three moderators, becky quick, carl quintanilla, and me.ert analysts helping us. we have big meetings for hours to talk about our questions. if you want ton what it's like, i would say it's a three-syllable word that begins with cluster, and we have multihour meetings. but it's been good. that process gets us to what we want to ask them, which is what are the ways in which they're going to help the american economy to deliver higher living standards >> trevor: it is specifically. >> it is specifically on the economy. the biggest issue in our politics right now eye have been covering politics for a long time-- for 40 years now the average american family has not seen their wages rise. why is that? both parties under democrats and republicans. president obama says it's the challenge of our time. the republican candidates say the same thing. and we're going to get a chance in the debate to really draw these candidates out on what exactly they're going to do. >> trevor: aren't you a little bit intimidated, you're going to be asking these people

i'm carl quintanilla with sara eisen, david faber at the new york stock exchange. jim cramer is off today. day before thanksgiving, pre-market solid on the back of a couple things. a torrent of macro data, and tensions between russia and turkey that have subsided somewhat overnight. europe has managed to gain in their early session. bonds reacting from everything from durables to claims. our road map begins like this. stocks set to open in the green despite continued tension overseas between russia and turkey. >> hp stocks are moving in opposite directions. meg whitman joins us. and get ready for thanksgiving. where people are traveling and avoiding this holiday season. >> busy economic calendar. consumer spending up in october by 0.1% for a second straight month. as americans boosted their savings to a near three-year high. durables up more than expected, up 3%. jobless claims fell more than expected, down 12,000 in a developing story, one of the russian pilots who ejected from that fighter jet shot down has been confirmed alive and well. russian foreign minister

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new yorktock exchange. premarket is weak as the s&p takes aim at a fifth consecutive down session. that would match a streak from september. you heard them talking about gap, smartphones and more. bonds are one to watch. china cpi below expectations. oil relatively steady despite the iea saying it may recover only to 80 by the end of the decade. shares of the gap falling hard in premarket adding to the company's double digit stock slump. >> shares of valeant and malinckrodt are lower. still down in the premarket. we'll have the latest on that scrutiny of and by citron. >> and in a few minutes, mary jo white will join us from d.c. what's at the top of the regulators to do list? >> stocks are set to open lower after rate hike concerns helped to extend the s&p's losing streak to four and sent the dow back into negative territory for the year. transports remain 12% below an all time high. utilities down 15. a lot of signs that maybe we lost the momentum we built in october. >> i think we did. norf

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. final day of november is here. stocks going for their first back-to-back positive month since the spring. what a week, we have in store. opec meeting, jobs report, yellen and more. we'll watch for headlines out of the climate change summit in paris. we'll get chicago pmi and impending homes later this hour. black friday numbers are in. cybermonday deals are in full swing. >>> the u.n. climate change conference kicks off today in paris. we'll take you there live for the latest. >>> amazon with a sneak peek of new delivery drones and taking a shot at regulators saying they're ready to deploy when they have the regulatory support they need. first up, indications are that the holiday shopping season is off to a tepid start. americans spent about $12.1 billion over thanksgiving and black friday. that's a decline from last year. the national retail federation says more people shopped online than in stores, choosing not to wait for today's deals. a lot of these numbers are su

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber. stocks are cautious but tipping to the upside as we have earnings from target and lowe's. good set of m&a activity. housing starts and more. dow going for its third consecutive gain. europe more tentative as we wait for details on those raids in paris overnight that left two suspects dead. a half dozen arrested. oil inventories on the way and the fed minutes, 2:00 p.m. eastern time. our road map begins with raids overnight in france. more from the ground in paris this hour. >> and a number of deals this hour. norfolk southern and canadian pacific probably not going to happen. but air gas finds a buyer and a deal among some semiconductor companies. >> retail, lowe's, target, staples are all out with results. first up, this raid by heavily armed police in france targeted the suspected architect of the paris terror attracts. the operation ending with seven arrested and two dead. forever more we go to saint-denis and our chief internation international correspondent, michelle caruso-cabre

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. dow and s&p on track for the best week in six. though there's plenty to be wary of today. this ongoing hostage situation in west africa. we'll fill you in on at latest. europe is mixed. draghi reiterating having to act in december. not much more from that. we'll hear from bullard and dudley this morning. nike taking shareholder friendly steps, upping the dividend. that stock moving high. >> more on the inversion rules, actions laid out by the treasury department. does not appear they will derail the pfizer-allergan deal. >> and abercrombie, foot locker, ross stores beat. >> and a day after square and match go public, both stocks moving higher, but two delayed ipos pull because of unfavorable market conditions. >>> first up, french special forces went into mali in west africa just two years ago to try to clean things up after jihadists had taken control of the northern part of the country. michelle caruso-cabrera is in paris this morning with the latest. good morning. >

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.irst trading day of november, the markets set up for a mild open. we're going to get busy with earnings from facebook, tesla, disney later in the week. auto sales tomorrow a jobs number on friday. china's pmi was a miss and remains in contraction. the ten-year around 2.17. our road map begins with a trio of deals in biotech, personal care and food. >> hp ink and hewlett-packard enterprise began trading as separate companies today. we will speak with meg whitman a bit later on in the show. >> and visa shares lower after reporting a mixed quarter, a buy back and a purchase of visa europe. >>> a lot for investors to digest. a lot of deals in the spotlight, including treehouse foods agreeing to buy conagra's private brands business. results from likes of a facebook, tesla, media players like disney, cvs, fox. the nasdaq the biggest gainer. the question now, jim, whether october has had not good but great gains, almost every year this decade. is it going to rob some of november's seasonal s

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. busy morning of retail and consumer earnings. geo politics has the headline today as a russian jet is shot down on the border of syria and turkey. putin already blaming turkey for what he calls a stab in the back. oil and gold rallying. that's a live shot of andrews air force base as francois hollande is arriving for a meeting with the president. gdp revised up to 2.1. case-shiller is out on your screen. our road map this morning, the latest on the fight against isis including angry remarks from putin after that russian jet was shot down by turkey. >>> and a couple more deals, nothing like yesterday's major deal. but $2.5 billion semiconductor deal and a billion dollar acquisition in the food business. >> shares of tiffany down big. >>> first up, concerns about geopolitics weighing on futures. this russian warplane was shot down by turkish jets along the syria/turkey border. the turkish prime minister said his country had the right to respond when its airspace was viol

welcome to "squawk on the street," i'm carl quintanilla with jim cramer at the new york stock exchange. david faber is on assignment. 271,000 is the jobs number for october. way above expectations. best month of the year. the pre-market considering what this means for the fed next month and beyond. the dollar index behaving, as you might expect, ten-year up to 2.30. the two-year above 0.9. let's get to our road map. is mediagetton still upon us. disney posting mixed results. the details of square's ipo are out. and alibaba buying the youtube of china for 3.7 billion. the story of the morning is the strong jobs number, including 268,000 private sector jobs added last month. 5% unemployment is the lowest since '08. average hourly earnings up 0.4. the numbers coming out two days before fed chair yellen indicated a hike in december was a live possibility. earnings year on year, 2.5. the biggest since july of '09. we've been waiting for that number for a long time. >> remember earlier this week i sa switched my posture and said bring the rate hike dollar. the dollar will be stronger than it

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.ix weeks of gains for the market, first time that's happened all year. q4 shaping up to be the strongest quarter in at least a couple years. pre-markets soft ahead of a light week. china up overnight despite disappointing trade data. we will watch the ten-year trade today. our road map begins with priceline. shares falling what is driving the stock down? >> an $8.5 billion deal creating a timber giant. >>> and are big changes ahead at yahoo!? >>> stocks make it a lucky seven. the three major indices in the midst of a winning streak. small caps posted strong gains last week with the russell up 3.25 percent. jim, exports down 6.9 in china, double the estimate. >> the consumer, this is what we're focused on. we've got singles day coming up. i think that will be the biggest day ever. there's a propensity to recognize that maybe the government did the right thing by focusing on the consumer. the bulk rate shouwed you nothig will happen there. they're spending. wage rates have gone up dramat

. ♪ >> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramerdavid faber at the new york stock exchange. the premarket inching high wer more record closing highs within reach. busy day with yellen on the hill, media earnings, more volkswagen fallout. china surges 4% on a weird day which we will get to. ten-year 2.22. trade gap shrinks. in our road map, time warner, 21st century fox and cbs reporting a mixed set of results. >> tesla shares sharply higher despite a wider than expected loss. >> and groupon down almost 30% in the pre-market on a trio of negative news. first, stocks looking to maintain upward momentum a day after the nasdaq 100 closes at that record high. adp said the private sector added 182,000, trade deficit narrows in december to a seven-month low. fed chair yellen set to testify on capitol hill in the next hour. late yesterday at the deal book conference, andrew sorkin asked legendary investor stanley drunk drukenmiller for his view. >> does that mean you are anticipating chaos and you have all this cash under your mattress? >>

welcome to red s"squawk on the street"s is, i'm carl quintanilla with jim cramer and david faber.teve easterbrook is here following his company's investor day. later, jack ma, more than 12 billion in sales and counting on singles day. ma is at beijing's national aquatic center. we see him on the right where alibaba is hosting its global shopping festival. he will ring the nyse opening bell remotely from beijing. we'll get that in about a half hour. tim farley of the nyse on the left there. mcdonald's wrapping up it's investor day yesterday laying out a performance day for last year saying it expects a pick up in sales. shares of mcdonald's hit an all-time high yesterday. joining us at post nine is steve easterbrook, ceo of mcdonald's. great to have you here. >> great to be here. >> street liked what you said. you said the words gaining traction. analysts trying to pin you down on whether we're building in q4 versus q3. you didn't go there. >> the analysts are persistent. i'll give them credit for that. we moved away from monthly sales reporting at the end of june to now quarterly.

i'm carl quintanilla at post 9. but post 8 is where all the action is.ng for square to open. there's a look at the open, at the post on the left side of your screen. over at the nasdaq we're watching for match. jack dorsey of square will join us late they are morning as that stock begins trading. currently indicated 10:50 to 11:50. unh a big source of negative sentiment. and oil still with a four handle but not by much. >> we have full coverage of a square's ipo. bob pisani is on the floor. kayla tausche is also standing by. bob, let's start with you. any early indications here on the pricing? >> we want to point out, we're inside, not outside. we're inside, and we are standing next to the designated marketmakers. right now indications 10.5 to 11.5. let me bring in patty murphy, who is building the book. do we have any update? >> we just kind of honed it in about pricing b 11.5 on 4 million shares. >> do we have any indication of when we might start trading? >> wif a little bit of time to go but we're comfortable in the 11.25, half range right now. >> yo

] >> seth: the proceedings last night got off to a less than dazzling start when cnbc anchor carl quintanilla opened with this terrible question. >> what is your biggest weakness, and what are you doing to address it? >> seth: what is their weakness? they're presidential candidates. they're not going to answer that question honestly. i mean, what were you even expecting them to say? "uh, when i get mad, sometimes i shut down bridges." [ laughter ] "i leave my curlers in too long." "i sometimes run for things i have no chance of winning." [ laughter ] they're politicians. it's not like they're going to tell you they once tried to stab a guy. >> many people know the story [ laughter ] >> seth: okay, i take it back. i take it back. that was a bad example. [ light laughter ] still, opening with a question better suited for "the dating game" set the tone, and the tone was moderators aggressively cutting off candidates. >> billions of dollars a year -- >> we're at 60 seconds. we're at 60 seconds. >> believe me -- >> just a minute. no, just a minute. >> governor kasich, hold it. i'm coming to you ri

] >> seth: the proceedings last night got off to a less than dazzling start when cnbc anchor carl quintanilla opened with this terrible question. >> what is your biggest weakness, and what are you doing to address it? >> seth: what is their weakness? they're presidential candidates. they're not going to answer that question honestly. i mean, what were you even expecting them to say? "uh, when i get mad, sometimes i shut down bridges." [ laughter ] "i leave my curlers in too long." "i sometimes run for things i have no chance of winning." [ laughter ] they're politicians. it's not like they're going to tell you they once tried to stab a guy. >> many people know the story when i was 14 and i tried to stab someone. [ laughter ] >> seth: okay, i take it back. i take it back. that was a bad example. [ light laughter ] still, opening with a question better suited for "the dating game" set the tone, and the tone was moderators aggressively cutting off candidates. >> billions of dollars a year -- >> we're at 60 seconds. we're at 60 seconds. >> believe me -- >> just a minute. no, just a minute. >> gov

carl quintanilla has the day off. let's give you a look at futures as we always do at this time. we're set up for what would seem to be a potentially lower open. nothing too dramatic at this point. european markets may give a sense for us as to what we can expect. kind of a mixed bag with france down the most. a half percent there. ten-year note, crude oil all important. the yield up since last week's employment number and crude is a key. jim and i will discuss that through the show this morning with wti. holding steady, if you will, above 40 at least by 75 cents. let's get to our road map. it starts with that terror in france. updates from across europe and the middle east. president obama and french president francois hollande both set to speak this morning. plus how the markets are reacting. futures were down triple digits but as you saw they're recovering as we approach the open. we have a deal for starwood, creating the world's largest hotel company. marriott buying it for about 12 billion in cash and stock. i'll give you the background, including what happened to hyatt, whi

carl quintanilla hat day off. let's look at futures as we look at this holiday shortened week. you can see a bit of a down open in store for us. we'll be watching it as we get closer to the open. how are european markets faring? let's show you. you can get a sense perhaps and gauge how they're doing and how we may do here, there's no guarantee there's follow-through. it's sort of a down day. nothing of great consequence at this point. ten-year note yield slowly moving higher as we get close to the likelihood that the fed will raise 25 basis points in mid-december. crude came back a bit on headlines. >> more joke headlines. >> let's get to our road map. it starts with that mega pharma deal. pfizer and allergan getting together. $160 billion is what allergan is worth. the new york-based giant relocating to ireland, at least for tax jurisdiction. we'll speak with both ceos of allergan and pfizer in an exclusive interview in this hour. brussels remains under the highest terror alert as french president francois hollande is expected to sit down with president obama tomorrow to discu

welcome to "squawk on the street," i'm carl quintanilla, with jim cramer, david faber at the new yorktock exchange. premarket giving back some of that unexpected rally yesterday which has the dow positive for the year. the s&p within a percent or so of an all time high. we will juggle auto sales, earnings and m&a. ken-year at 2.2 for the first time since september 22nd. factory orders in about an hour. >>> a $6 billion gaming deal. king gaming purchases activision. >> aig out with results after the bell. earnings and revenue were a miss. this as carl icahn has taken that large stake calling for a breakup. ceo peter hancock will join us at post nine in about a half hour from now to talk about the results and the activist. >> and a strange turn in the fight over the keystone pipeline. transcanada, the company behind the project, now looking for a delay asking the government to suspend its application. first up, activision blizzard, the home of games like call of duty and world of war craft buying king digital, $5.9 billion. a 16% premium to king's closing price on monday. earlier on squ

i'm carl quintanilla with jim cramer. david is up town at liberty media day. his exclusive with john malone is coming up. stocks are on track for the worst week in ten. draghi's comments don't add anything new. rolls royce has a warning. oil back below 44. copper to a new six-year low. macy's sending shockwaves through retail. it's not all brands. a big beat this morning from kohl's. we'll have an exclusive with john malone in a moment and apple reportedly diving further into payments. pay pal and google wallet may be on notice today. first up, kohl's up sharply on better than expected quarterly results. comps up 1%. retailers citing strong back-to-school sales. comes after macy's reported the weaker sales and guidance. comps up better than estimated. inventories up 5 but still sequentially better. the take is, given macy's, this is pretty solid. >> there was a time when 1% comp growth would be something that i would turn to you and say, wow is that pathetic. people were looking for 1% comp growth and they gave it to us. was it -- kohl's has one advantage. the

i'm carl quintanilla. market trying to get back some of what it lost yesterday. dow is up 55. back to 2,107 as we are all over earnings from the likes of whole foods, qualcomm, and facebook. >> here we go. here's our road map for the next 60 minutes. a record day for facebook. its market cap surpassing $300 billion. mark mahaney will weigh in next. >> plus bob lutz says the volkswagen scandal is part of what he calls a reign of terror. >> also bitcoin seeing a spike recently. but why? wooem talk to the founder. >> buying home away for $9 billion. the ceos of both those companies will join us live in about half an hour. you do not want to miss that. first up, shares of facebook are higher after the company's revenue beat estimates. getting a boost from an advertising push. the market cap now surpassing $300 billion. and mark zuckerberg answering a question from mark mahaney last night commenting on long-term investments. >> i would expect that we will see an expansion of sharing and consumption of all of the different types of things you asked about. news, video, searching the

i'm carl quintanilla with sara eisen, david faber at the new york stock exchange.im cramer is off today. day before thanksgiving, pre-market solid on the back of a couple things. a torrent of macro data, and tensions between russia and turkey that have subsided somewhat overnight. europe has managed to gain in their early session. bonds reacting from everything from

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new yorket is weak as the s&p takes aim at a fifth consecutive down session. that would match a streak from september. you heard them talking about gap, smartphones and more. bonds are one to watch. china cpi below expectations. oil relatively steady despite the iea saying it mayec

carl quintanilla hat day off. let's look at futures as we look at this holiday shortened week. down open in store for us. we'll be watching it as we get closer to the open. how are european markets faring? let's show you. you can get a sense perhaps and gauge how they're doing and how we may do here, there's no

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new yorkck exchange. stocks point to follow through after monday's rally. consumer inflation in october relatively stable. some decent news out of walmart and home depot as we keep a close eye on developments out of paris and belgium. europe is seeing gains of about 2% this morning on dovish ecb commentary. bonds are going to have

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber. stocks are cautious but tipping to the upside as we have earnings from target and lowe's. good set of m&a activity. housing starts and more. dow going for its third consecutive gain. europe more tentative as we wait for details on those raids in paris overnight that left two suspects dead. a half

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.mber, the markets set up for a mild open. we're going to get busy with earnings from facebook, tesla, disney later in the week. auto sales tomorrow a jobs number on friday. china's pmi was a miss and remains in contraction. the ten-year

welcome to red s"squawk on the street"s is, i'm carl quintanilla with jim cramer and david faber.tor day. later, jack ma, more than 12 billion in sales and counting on singles day. ma is at beijing's national aquatic center. we see him on the right where alibaba is hosting its global shopping festival. he will ring

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new york of november is here. stocks going for their first back-to-back positive month since the spring. what a week, we have in store. opec meeting, jobs report, yellen and more. we'll watch for headlines out of the climate change summit in paris.

carl quintanilla has the day off. let's give you a look at futures as we always do at this time. would seem to be a potentially lower open. nothing too dramatic at this po

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new york&p on track for the best week in six. though there's plenty to be wary of today. this ongoing hostage situation in west africa. we'll fill you in on at latest. europe is mixed. draghi reiterating having to act in december. not much more from that. we'll hear from

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.hat's happened all year. q4 shaping up to be the strongest quarter in at least a couple years. pre-markets soft ahead of a light week. china up overnight despite disappointing trade data. we will watch

welcome to "squawk on the street," i'm carl quintanilla with jim cramer at the new york stock exchangement. 271,000 is the jobs number for october. way above expectations. best month of the year. the pre-market considering what this means for the fed next month and beyond. the dollar index behaving, as you might expect, ten-year up to 2.30. the two-year above 0.9. let's get to our road

welcome to "squawk on the street," i'm carl quintanilla with kayla tausche, simon hobbs, david faber.cisco's ceo will join us, talking about the quarter and the outlook. happy friday 13th.

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new yorkusy morning of retail and consumer earnings. geo politics has the headline today as a russian jet is shot down on the border of syria and turkey. putin already blaming turkey for what he calls a stab in the back. oil and gold rallying. that's a live shot of a

. ♪ >> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer. the premarket inching high wer more record closing highs within reach. busy day with yellen on the hill, media earnings, more volkswagen fallout. china surges 4% on a weird day which we will get to. ten-year 2.22. trade gap

welcome to "squawk on the street," i'm carl quintanilla, with jim cramer, david faber at the new yorkhange. premarket giving back some of that unexpected rally yesterday which has the dow positive for the year. the s&p within a percent or so of an all time high. we will juggle auto sales, earnings and m&a. ken-year at 2.2 for the first time since september 22nd. factory orders in about an hour. >>> a $6 billion gaming deal. king gaming

i'm carl quintanilla with jim cramer. david is up town at liberty media day.ve with john malone is coming up. stocks are on track for the

i'm carl kin ta nkne quintanilla along with sara ice never and jeff f.n eye on oil. >> our roadmap starts with deals, deals, and more deals. online and in stores foot traffic is good but not a great. that's how analysts are describing black nid free tail sales. >>> and vads mir putin says he'll cooperate but the war of words continues. >>> and the lawsuit. more of what it means for viacom/cbs and redstone's response. >>> we start, of course, with black friday. let's start with courtney reagan live at woodfield mall outside of chicago. courtney. >> reporter: good morning. i the lull appears to be over. i see families walking out with bags. that millennial shopper is still growing strong and that's the shopper we receive all night long. they come out for the deals, but it's also the experience and the tradition. take a listen. >> what are you shopping for? >> clothes, good deals, sweaters, jeans, socks, jewelry, purses. i've got teenage girls at home. >>'ve been shopping for others for christmas because i want to get my christmas shopping done, but i've al