sources tell cnbc that toys "r" us could close down its entire u.s.usiness, though the situation is still fluid that news is impacting shares of hasbro and mat tetel in early trading. hasbro off by 2.5% mattel off by 5% both retailers said the bankruptcy last year affected their business toys "r" us filed for chapter 11 in september amid fierce competition from walmart, amazon and as more shoppers buy online toys a"r" us obtained a 3.$3.5 billion loan to keep running, but they were risking breaching the terms of the loan following a disappointing holiday season sales, store traffic and profits fell short of what they told lenders to expect. toys "r" us has more than 800 stores nationwide. back over to you >> thank you very much for that. >>> some other stocks to watch, wynn resorts agreed to pay 2$2.6 billion to settle a lawsuit by japan's universal entertainment, this would end a six-year dispute between steve wynn and his former associate it stems from allegations that ocado violated u.s. anti-corruption laws coming up later today, contessa brewer w

you're watching "worldwide exchange" on cnbc. >>> good morning welcome to "worldwide exchange" on cnbcdominic chu. >> i'm courtney reagan brian sullivan is off today. >>> let's get you up to speed on what's happening around the world, it is eventful. the u.s. futures picture pointing to another lower open following yesterday's selloff. as you can see, the dow jones, if futures stay the way they are, will open down 176 points the s&p off by 17. nasdaq down by about 75 points in asia, it was red across the board as well. very heavy losses being susta sustained in key markets especially the nikkei in japan off by 4.5% overnight. the hang seng in hong kong, off by 2.5%. the shanghai down 3.5% the kospi 3% declines. that's translating into things in early action on the european side of things if you look at the dax, we are near the session lows, off by 1.8% the cac in france off by 2%. the ftse 100 in the uk off by a full percent >>> as we talk about fears of a trade war, it makes sense we're seeing a flight to safety. look at treasuries yields on the ten-year saw the biggest one-day drop i

friend and cnbc staple larry kudlow is headed back to the white house.lay gary cohn as the president's top economic adviser. larry sat down with the closing bell team yesterday to talk about everything from his appointment to his take on the stock market >> i love the stock market i love wealth. i think rising stocks helps everybody. let me finish this point many people critical of me or the president's tax cuts are the very people who are being helped the most for example, my friends in the union movement, teachers union, government workers, they hate this stuff the lower tax rates and the faster economic growth and the better profits is the only hope they have of ever seeing their pensions >>> let's talk more about all of this joining us is jeffrey kleintop from charles schwab. when i hear global, i think trade. larry is for the most part a free trader, perhaps a counter force to peter navarro in the white house. is this good news for stocks >> i was on larry's radio show this past saturday, and we talked about free trade and how tariffs can get in the

you're watching "worldwide exchange" on cnbc., innovation in the finger lakes is helping build the new new york. once home to the world's image center, new york state is now a leader in optics, photonics and imaging. fueled by strong university partnerships, providing the world's best talent. and supported with workforce development to create even more opportunities. all across new york state, we're building the new new york. to grow your business with us in new york state, visit esd.ny.gov. >>> welcome back good monday morning. hey, you might want to break out your rally caps, folks why? because wall street pointing to another good morning of stocks what you can expect for your day ahead. >>> and it may be the end of an era. long time dow leader and drew liveris reportedly stepping down at the end of next month what that means for his company and potential long "time" ceos >>> apparently musk has mars on his mind the comments that the ceo made over the weekend that's got everybody rightfully buzzing this morning hey, it's monday

kudlow has been a host on cnbc for many years. he's one of the best known faces on cnbc. a conservative commentator, someone who's been promoting free market capitalism all of his life and on television for many years. he was also an informal adviser to trump during the campaign. so they've been in touch. this is nothing new necessarily. what is new is to see this cnbc host -- he's now a contributor to the network -- actually making the leap and joining the government. maybe not the last person we'll see make this move from tv to the white house. >> he's brought in some others. undersecretary of state for public affairs. she also used to work at fox. >> yeah, that's right. heather was a "fox & friends" host. then she joined the state department last year. sort of the first example of this trump tv feedback loop where he hires people away from television squljobs. that feedback loop is even stronger than ever. 14 months into trump's presidency, he's sometimes calling up fox hosts when he needs advice. he's seeking out the sean hanties of the world for guidance and bringing

here is your cnbc news update this hour.ands of students across the nation walking out of school to demand action on gun violence. outside the white house students carried signs and chanted. they were urged to leave class for 17 minutes one minute for each victim of the attacks at the stoneman douglas high school in florida but many of those walkouts have lasted much longer the parents of one of the victims of sunday's helicopter crash in new york's east river filing a lawsuit against the operator of the company. they charge the harness their son wore prevented him from escaping a lawyer for the family calling the helicopter a death trap. house republican leaders say the pennsylvania house special election is yet to be determined even though nbc news called democrat conor lamb the apparent winner house speaker paul ryan weighing in claiming that lamb did well because he took conservative positions. >> both of these people, these candidates, the republican and democrat ran as conservatives, pro gun, pro life, anti-nancy pelos

joining us first on cnbc u.s.u very much for coming on "squawk box" this morning pleasure to see you. >> thank you for having me it's a pleasure to be here >> tell us about the -- before we get political because, you know, we hear that tariffs don't work and threats don't work and suddenly these things seem to be happening once in a while. is this good news, this deal with south korea, this trade deal what's it do >> i think it's very good news for the american people. i think it's good for korea as well i guess i would say you have to think of this as really three agreements that are independent but that define a relationship so the first is chorus, which we're continuing and i'll come back to that the second is the steel agreement. so the koreans have agreed to cut their steel shipments from their average shipments over the last three years by 30%. this is very, very important to american steel makers. a lot of people believe, and i think i agree with them, that korea is part of the problem on steel. they import

later on on cnbc, don't miss the interview with marc lasry. join scott wapner and the team on the halftime report at noon eastern time. a lot of stuff to watch today, seema. >> absolutely. i'm still looking for politics when it comes to the visit, president trump tomorrow, that's it for "worldwide exchange." a quick look at futures, nasdaq down 83. >> so "worldwide exchange" is done now watch "squawk box," because they've got a lot of good stuff nghe up re we'll see you. >>> good morning market alert wall street pointing to a lower open as investors gear up for a new week we'll tell you what to watch straight ahead >>> facebook under fire. the company taking heat for what some are calling the biggest data breach insocial media history. >>> and countdown to shutdown, congress has until friday to passing a spending bill. we'll get a live report from washington, it's monday, march 19th, and "squawk box" begins right now. ♪ >>> live from new york where business never sleeps, this is "squawk box. ♪ >>> good morning, everybody. welcome to "squawk bo

i'm melissaly, you are watching cnbc first in business worldwide.e's more of what's coming up on fast. >> dog killer. >> that's what some are calling united airlines. after a dog died in an overhead compartment. we'll explain how it could impact the stock. >>> plus, the bitcoin blood bath continues. if you think it doesn't matter for the markets, a top wells fargo strategist says think again. he will be here to explain why, when "fast money" returns. found, prevagen is the number one selling brain-health supplement in drug stores nationwide. prevagen. the name to remember. that's it. i'm calling kohler about their walk-in bath. nah. not gonna happen. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. kohl

. >>> good morning a warm welcome to "worldwide exchange" on cnbc.fred frost. the market action is looking good this morning. yesterday's gains, 1.4% for the dow, 1.4% for the nasdaq, and in between nor the nasdaq ten-year treasury note, yields ticked up a bit. still a ways from the high we saw last week. 2.87 this morning. oil prices enjoyed a decent bounce yesterday flat today with wti and brent on other side of the flat line. the biggest names in energy are gathered for a big conference in houston. brian sullivan is there. he sat down with the ceo of saudi aramco they talked about everything from the company's looming ipo, potential trade wars to the u.s. shale oil boom >> in terms of demand, it is healthy. we're looking at 98 million barrels to 99 million barrels of demand we are looking at 1.5 million barrels, 1.7 million barrels of additional demand. with the national decline, i think there's a capacity in the market in terms of supply to include the shale and the growth that we're seeing currently in the shale. >> the world is generally reflat

. >>> good morning welcome to "squawk box" on cnbc. we're live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. equity futures indicating a positive open for the dow and s&p 500. nasdaq a little under, i don't know how much faith i would put into it, for three days in a row we've seen stronger futures in the morning, only to see a selloff by the end of the day. s&p futures up by 3 1/2. yesterday the dow was down by 1%, a also of 250 points, the biggest decline since march 1st. most of this was coming because of boeing one stock putting pressure on the dow jones after some concerns that a trade war with china could be ignited by the decline that the trump administration is seeking in terms of the trade deficit that we have with china at one point boeing had pressure of more than 100 points on the dow. by the end of the day, it was more than 55 points. really -- >> you're not saying -- >> i'm saying by the end of the trading session. >> the selloff was -- i think it was by 10:00,

cnbc it was a big moment.he redeye, as i recall, over to be with us on that next day, i believe, anyma 19, 1991 he's been with us and a guiding light for us since then. >> i will see you on "nightly business report". >> come back here. >> i'll be back on big market days to do the show from here. i would have been back today, a big market day. >> the important thing is where do we go from here my feeling is we're a little air pocket for the next week and a half until we get the fed meeting march 21st path of least resistance, less than 3% from historic pies in the s&p. the nasdaq will close at an historic high. >> what do you think happens monday after a day like today, will we get these big numbers, can -- do you see a big pullback monday, some profit taking or can we keep this going? >> i think we'll see air pockets for the next week and a half because we're a little directionless. we're after earnings now, we're after the whole tariff issue, at least for the moment the whole thing with the jobs report right

it played out on cnbc.view from the corner office >> i don't like the concept of putting tariffs. if you want to do surgical actions, do surgical actions, but doing broad tariffs is not good >> if you get into a trade war with retaliatory action and it goes into things like apparel t could dampen the effect and hurt the momentum we have now >> the levels of imports and the circumstances of imports are threatening not only our internal economy but our national security. >> the steel and aluminum tariffs were just wrapping up a $30 billion construction effort. we don't think it will have a meaning impact on our business, but as an american i would hate to see a trade war with our customers or counterparties. >> our trade partners in mexico and canada it's so clearly in the interest of the united states to have trading relations with both of those countries,. >> we would have chosen option number two, targeted tariffs with some quotas, though we're not keen on the quotas, but we would arc september th would ac

ron insana, cnbc political contributor. larry kudlow you colleague from cnbc, he was giving you a shout-out yesterday when i saw hill on air. listen, he is simpatico with president trump. they've been friends for a very long time. >> larry and i have been friends for close to 30 years. the reason he gave me the shout-out, i was the first person to put him back on cnbc after his troubles in the middle of his career. he was quite gracious about dealing with it openly. larry is not going to make waves on the economic policy front. particularly since the signature piece of legislation he wanted passed, tax reform, which he helped design, has already passed. he'll execute the president's policy once it's decided. my hope is he will be a balancing or provide some ballist when it comes to peter navarro who is this encorageable trade hawk. i think larry will be disinclined to do some of the things. i think in that regard, larry may provide some economic ballast. even though he and i disagreed on tax reform. but that's already -- th

stay tuned, you're watching squawk booooox on cnbc squawk booooox on cnbc goaaaaal and i was wonderingge offers some sort of guarantee? guarantee? where we can get our fees and commissions back if we're not happy. so can you offer me what schwab is offering? what's with all the questions? ask your broker if they're offering $4.95 online equity trades and a satisfaction guarantee. if you don't like their answer, ask again at schwab. your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™ liberty mutual insurance. >>> welcome back to "squawk box," everybody. cnbc's brian sullivan sat down with saudi arabia's aramco ceo. >> is there any chance the ipo does not happen? >> as i say with regard to -- so far we are working to join with aramco aramco became effective january

you're watching "worldwide exchange" on cnbc. ♪ >>> good morning welcome to "worldwide exchange" on cnbcor watching from where ever in the world you may be here's how the global markets look now the futures indicating a slight drop at the open the dow is getting better, down about 40 points. yesterday's big slide in the afternoon by tech had everybody watching the markets this morning. we are in the red, but it's not looking too bad now. oddly enough the benchmark ten-year yield is falling, 2.75%. the bond market and yields the story of 2018. overnight in asia, their markets following us, all down europe is lower across the board as well. but some of those losses have mitigated. let's talk more about the markets and your money joining us is the chief u.s. equity strategist for citi last year it didn't matter what happened the market went up it feels like sentiment shifted a bit this year. has it >> yeah. very much so think of it in this way, 2016 it was all about market multiple. we were paid for the good news of a pro business pro growth agenda people got excited late last year with the

after you hear when the new ceo told cnbc, you might be doubling down, too. it's time to risk less and make more the action begins right now. >>> we are going to get to all of that. first breaking news on intel and broadcom let's get to courtney reagan >> this just crossing right now from dow jones dow jones reporting, according to sources, that intel is considering acquisitional alternatives, including possibly looking at broadcom. you know right now of course that broadcom is working to try to take over qualcomm. and that deal of course is getting excessively complicated. shares of intel aren't moving that much after hours. broadcom shares are moving higher after hours at this point, qualcomm shares down slightly on this report from dow jones citing sources that intel is looking into possible acquisitions, including taking a look at what's going on with broadcom. back over to you. >> courtney thank you. courtney reagan. let's trade this this could possibly derail completely the broadcom for qualcomm deal. you had pitched broadcom as a fast pitch recently. >

. >>> good morning a warm welcome to "worldwide exchange" on cnbc. i'm wilfred frost. >> i'm seema mody. >> let's check in-on-the m on t markets. we saw a pullback yesterday when the white house announced a heavy tariff on steel and aluminum imports we were down 1.7% for the dow. down over a percent for the nasdaq and the s&p it was when those tariffs were announced that we saw a selloff after what was a positive morning with some decent data out early yesterday morning. we are down as you saw in the premarket about 100 points on the dow. significant declines in reaction to that news yesterday japan down 2.5%. hong kong down 1.5%. europe also lower. it was lower any way yesterday before this news germany down almost 2% today germany fell into correction territory again yesterday. when we talk about the rebound we had last week, we never saw as big a rebound in europe and asia this week is negative for everyone we have full cnbc team coverage of the global fallout of the tariffs. eunice roon is liyoon and karene joining us, but let's begin with kayla

another 70 today the latest cnbc -- that's a lot of letters isn't it the latest cnbc/cfo/council surveyef fim officnan officers what they thought of trump's tariffs. in your humble opinion -- >> the message was interesting there was a shift in tone across the board with cfos that we surveyed the majority, almost 30% said u.s. trade policy is the biggest external risk to their business right now. only 1 of the 38 said their company supports blanket tariffs on steel and aluminum imports. some comments said it was a trade policy, a trade tariff war should be impacted aavoided. the majority of cfos said the impact of tariffs would be slightly negative on their business overall on the economy, in the past cfos thought stocks would go higher before lower, this time almost half said they think the dow will fall under 23,000 before crossing 27,000 for the first time on the fed, three quarters think it's on target for three rate hikes this year. on where investors can find growth, almost half still think technology will be the sector that outperforms with tax reform behind the administration, 30

cnbc willem marx is in rome with the details.illem >> reporter: yeah, seema, that's right, this is not an unexpected result we saw in the polls last week indicating a hung parliament we've seen the five-star movement, the anti-establishment party formed back in 2009 has come out with 32% of the votes counted so far 30 counted out of 35 or 36 there's still a way to go before we get a final number. if we look at the center right coalition led by the party founded by berlusconi, the former prime minister and lega, rebranded, and they have come out with the party as 37% of the total vote that does not give them nearly enough for the majority and the party of the renzi and paolo gent gentiloni coming out with 27% of the vote what this means a lot of negotiations back room dealing, whatever you want to call it, when it forms in march and you the aegis of the italian president. not a lot of clarity, but we'll have final numbers later today to give a sense of how the parties fit together, but some form of agreement would have to be forth

ackman, according to cnbc, expected shares of herbalife to drop to zero. but instead shares rose. now up more than 60% over the past year. shares of herbalife up 6% today to >>> and after the bell, salesforce rorted earnings and sales that edged past expectations. the cloud computing com gave stronger than expected guidance for the year and hiked its forecast for fiscal 2019. shares volatile in the extended session. they ended the regular day down 22 cent at $116.24. >>>il priceell today but they are up 14% over a one-year period and they'rexpected to keep climbing. since gas pricesw closely fol oil prices, that could cause ilin at the pump. how high they go and what does that mean for households and the economy? patrick dehan is senior petroleum analyst at gas buddy, welcome, patrick, nice to have here. >> thanks for having me. >> why are prices moving higher at the pump? is it seasonal? i know we see it in the spring but isre more to it than that? >> there is. unfortunately this isn't just as simple baseball season coming. lot of this ahas to do with seasonal maintenance at refi

but before this show, i worked with larry kudlow on cnbc. i have insight on what his getting the job means for stocks his philosophy in one word is growth our time together we didn't see eye to eye on much, the glue that held us together is growth. the nature of the show was simple people with two differing views. it often got heated. larry knew i favored higher stock profits and his stand on growth would get us there. as long as the president takes him serious about what is true north, that is good for the stock market larry is a fantastic speaker an articulate statesman. larry is my friend and the truth is that larry will be more at home with the media than gary ever will be at least the people on cable whom he agrees with. i am not complaining as larry said before he landed a round house, with all do you respect, jimmy, and he meant t he respected the other side. if trump listens to larry, that may mean there may be fewer shocks to the market than can cause a hiccup he will flesh out the tweets that tend to be trump's worst enemies. not m

cnbc sitting down with america's top diplomat in china.ind out what he said about a brewing trade war that could have an impact on your money >>> and could a multibillion dollar deal in texas signal a new round to the oil boom? we'll let you know as we head to break, a check on how your money has done in the first quarter of this year stick around, more "worldwide exchange" will be right back ♪ >>> 5:17 here at cnbc, 10:17 in london beautiful shot here's how things look in europe in the markets everybody is up. not a lot. germany up about 0.6%. the cac 40 up 0.4% over night in asia, also higher. no huge gains, but we are up across the board led by shanghai's index, up about 1.24%. >>> the u.s. ambassador to china raising the red flag over trade. cnbc's eunice yoon joins us live from beijing with more eunice >> thank you very much, brian. the u.s. ambassador to china was maintaining the trump administration's tough line. earlier today i was speaking with ambassador terry bransted who outlined to me the areas and industries he believed shoul

i'm not sure if this is the end of it, but looks like cnbc's larry kudlow will have a new role. it. >> right. well, he is expected to accept this new position, if it is offered. seems like right now they're really close to confirming that larry kudlow will be in that position. they're dotting the is and crossing the ts, i guess. >> shepard: we'll know in a few minutes. the reason for the change is? >> with all the changes, like you were saying, it's really a huge surprise. this comes after trump last week, the president had issued these new tariffs and that was the first signal that he's starting to call his own shots. several white house officials say it's getting harder for aides to disagree -- >> shepard: he wants to do what he wants to do. >> exactly. >> shepard: but what i don't understand, larry kudlow going back to the reagan days, he's as big of a free trader as anybody that walks the earth. >> he is. the thinking is that the president wanted somebody like gary cohn who had a strong financial and business background. but as much as larry kudlow is a free trader and doesn

welcome to "squawk box" on cnbc.ive from the nasdaq market site in times square, i'm becky quick along with joe kernen on national joe day and andrew ross sorkin >> i have to look to see about the voracity of this situation >> fine. someone sent it to me from nbc >> look, another big day triple digit gains in the futures, the dow was up by 669 points yesterday s&p up by 2.7% nasdaq up by 3.25% big moves across the board that was one of the biggest point gains we've seen 2.8%, still strong snap back from what we had seen at last week looking this morning, it looks like the s&p is indicated up by close to 20 points nasdaq up by 80 points the dow futures up by 160 points we'll talk more about this in a moment let's look at overnight in asia. big gains there. the nikkei up by 550 points. that was a gain of 2.6%. the hang seng up as well 0.8% the shanghai was up by 1%. all of these global gains coming as it looked like trade war talk was kind of tamped down a bit yesterday. a lot of things that were happening. it looks li

i can't remember who that was. >> it could have been a wise guy on cnbc.oing to put him on the spot really now >> the profit picture is good. it's looking real good, and growth is not inflationary just let it rip for heaven's sakes. the market is going to take care of itself. the story takes care of itself let it rip the fed will do what it has to do, but i hope they don't overdo it >> karen, tim, do you buy the dollar >> oh. >> after everything we talked about, buy the dollar? >> i think the dollar is going to suffer at least with the prospect of twin deaf zits i don't think the dollar is a fall here. in fact, obviously, we corrected 14% on the dollar, which is ultimately the result of, i think, other central banks starting to catch up more than the fed than it is there's some major weakness remember, the dollar, in terms of the dollar basket, europe's in a better place. the dollar is range bound, not going lower or should go a lot lower, but the twin deficits are an issue for the dollar, and that's something that at least with all the fed background that

that's the power of and. >>> time for a cnbc news update with sue herera.ait, we'll talk about the markets. they just told us to do that. >> yes, they did rally day on wall street we were up, get this, 399 points a little while ago this is an interesting rally seems like everybody is in the water today, all 11 sectors of the s&p are positive and the two leading sectors today move upward for different reasons utilities, which usually go up when the interest rates are lower and the financials, which usually go up when interest rates are higher both have gains of more than 1% today. >> i'm curious to see what happens in the next few minutes because the press conference steve is at has gotten under way, and we've gotten comments from lighthizer saying he would prefer a three-way nafta deal but would negotiate a bilateral pact, if need be, suggesting things haven't gone well also they haven't made as much progress as many had hoped the tonality thus far is pretty negative if we see increased fears about nafta falling apart, maybe we'll see it in the marjor avera

stay tuned you're watching "squawk box" on cnbc >>> welcome back, everybody.ome lingering trade uncertainty. joining us is alex grill resident fellow at the american enterprise institute and jared bernstein at the center of budget and policy priorities gentlemen, welcome to both of you. alex, earlier this morning we had j.j.kinehan on he said they could not have written a better script. what did you think about it all? >> phenomenal number in terms of job creation unemployment rate, another phenomenal number. our unemployment rate is stuck, stuck at 4.1 last time it was five months in a row look back to 2012 and it was double the rate it is today. so we're seeing an economy near full employment with numbers that are really surprising this late in the cycle. >> jared, going through those numbers, i said it was the perfect script for wall street main street may still be saying where's the wage growth? that's the one number that was weaker wall street likes it because it says inflation is slower than anticipated. what does main street about it >> precisely what y

that's first right here on cnbc.the price of bitcoin, which is down more than 20% just in the last week. the digital currency came under pressure earlier this week after the s.e.c. said that exchanges that offer trading of digital assets will have to register with the agency. you can see across the board below $9,000. >>> sources tell cnbc that toys "r" us could close down its entire u.s. business although the situation is still fluid that news is impacting shares of toy makers hasbro and mattel in the early trading today. both of those companies were -- shares were under pressure yesterday. they had previously said that the retailers' bankruptcy filing last year materially impacted their business toys "r" us obtained be a $3.1 billion loan to keep the stores operating after it filed for bankruptcy last september. last month they said they were at risk of breaching the terms of that loan sales, store traffic and profit all falling fall short of what it had told lenders to expect. hasbro down by 1.7%, mattel down by 3

tracy, back to you. >> landon dowdy with cnbc. thanks for that. >>> well, that sinking feeling.ee sinkholes are swallowing up holes in chester county. ahead in the next hour, who neighbors say is to blame for the property damage. >>> also, as we prepare for the next storm, many people have property and car damage from last weekend's storm. next what experts say about how to correctly file insurance claims. >>> "first alert" meteorologist brittney shipp, we have another nor'easter on the way. i'm tracking snowfall totals what the wind speeds will be. and when all of this is going to start. that's coming up after the break. >>> preparing now for another late winter punch. check out nbc10's "first alert" radar because we're tracking rain and heavy know isn't the forecast. >>> left in the dark. crews are racing to restore power to the tens of thousands that still don't have electricity. now five days after wind, rain and snow blew down trees and power lines across our region. >>> and early morning inferno. flames burned through a house in lower pottsville township in montgomery coun

welcome back to "squawk box" here on cnbc we've been watching the u.s.tures and they have been sharply higher this morning. dow looks like opening up 338 points heap s&p futures up by 38 nasdaq up by 126 china's foreign ministry said it is willing to hold talks with the united states to resolve trade differences. those comments were made early this morning at a beijing briefing and this comes after we're hearing there have been quiet talks taking place behind the scenes including treasury secretary mnuchin. in the meantime, blackstone's steve schwarzman said talks on tariffs dob delayed. schwarzman said it's not set in stone and implementation can be postponed. he said he anticipates that rational people from both countries would be able to come to a good solution with the goal of a more level playing field. >>> stocks to watch today, payment and packing company smurfit, smurfit kappa has rejected a revised takeover over from international paper >> papa smurf. >> i like the smurfit. the good value of smurfit at $11 billion earlier this month turned down

>> yes, he's been a personality on cnbc for years. while he's not directly in that camp of wilbur ross, peter navarro, who have far more nationalist views, trump has said i want opposing people in my white house but i want them to get along. he's somebody who has trump's ear. that's a positive. >> your tv husband ali velshi is standing by for us. he's covered business and finance for us for number of years. what does this tell you, ali? >> the dow has gone in the wrong direction, i'm a little bit surprised, the markets had gone up, they had shown some improvement. i'm with stephanie, i would think the markets would have reacted more positively, but they haven't. you can't really tell on 100 points here and there what's doing it. that's number one. number two, the last guy left because he didn't agree with the president's trade policy. this guy, kudlow, thinks less of the president's trade policy than gary cohn did. there's probably no clearer person to articulate a free trade policy than a guy like larry kudlow. so i'm a little puzzle

. >>> good morning welcome to "squawk box" on cnbc.e're live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. u.s. equity futures at this hour, right now green arrows across the board with the dow futures indicated up by 18 the dow finished up finally after several down days by 115 points yesterday but the s&p 500 yesterday and the nasdaq were both down slightly this morning you can see the s&p is up by 5.5 points. nasdaq up by 14. overnight in asia, you can see that the nikkei closed down by 0.6% shanghai was down by a similar amount stocks in hong kong, the hang seng off slightly, just down by 0.1% in europe this morning where trading is already under way across the continent, there are some mixed signals the cac slightly lower dax is up 0.3% gains for the other major averages as well up 0.2% in london and italy. on the treasury market front, treasuries, ten-year is yielding 2.815% caught in that range between 2.8 and 2.9 that we've been watching for a few weeks now. >> okay.

morning welcome to "worldwide exchange" on cnbc.'m dominic chu. >> there's nothing like getting one day into spring and having another nor'easter bearing down on us. >> number four of the season >> the five big things you need to know now. stocks mostly higher as investors add to yesterday's gains. dow futures are up you can see that -- well, no, they're down slightly, a third of a point not the same story for facebook. shares continue to move lower. a group of facebook investors are suing the company over the cambridge analytica scandal. >>> the fed wraps up a two-day policy meeting this afternoon. we'll get the latest decision on interest rates >>> salesforce buying mule so softfsof soft for 6$6.5 billions. >>> and nbc news is reporting that the suspect in the string of austin bombings it believed to be down and neutralized >> we'll keep on that for sure more on those stories coming up, first the latest on the growing facebook scandal shares tumbling again this morning added to losses we've seen over the last few days. arjun kharp

welcome to "worldwide exchange" on cnbc. i'm brian sullivan thanks for joining us.ck on global markets. futures earlier were down. they have reversed the week not looking so good for the dow. right now down about 1.8%. a lot of that is the hot stock of boeing. we'll find out what the markets can do today bonds have been the market story so far this year everyone is watching that 3% level. we're not getting closer to that the ten-year yield at 2.815% let's get more on your early market action and bring in the senior portfolio manager, chief equity strategist at nuveen and one of my neighbors. let's talk about the markets, bob. are you concerned about what we've seen weakness in tech and boeing? >> we haven't had it before is a surprise to me as you know, it's ban slopbeen week, but this is just a pause that's refreshing. i don't think we climb right up to new highs we're recovering from the whack to the head we got with that 11.8% decline a month ago. what will be the key issue going forward? much has been made of d.c. drama and much has been made of the federal rese

cnbc contributor all right.d have known that anyway, jim paulson -- >> good morning, joe. >> how are you feeling overall you were looking right there for a while with inflation and now the latest couple of data points didn't look as hot as we thought. are you still -- is that still your main sort of concern about where everything -- equities, bonds, everything that is really sort of keying off of that is that still sort of the trouble spot >> well, i think that's one of them, joe. i haven't really -- i think wage numbers come and go month in and month out but i think, you know, commodity prices have not backed off much inflation expectations embedded in tif bonds haven't backed off much the ten-year yield is hovering at 289, 290. ism price surveys among manufacturers in service sectors are still very high. i think we're going to come back around to it maybe in a couple of weeks again with the next payroll report it will still be an issue. for the market, it's still a number of vulnerabilities from high valuation

we are cnbc. major companies with stocks are they getting more business from saudi aramco. >> their business is growing with our growth. ge is also with the latest merger with baker hughes, is also playing a major, in terms of services in the kingdom their business is expanding big time as we are adding more rigs and more services, as we are expanding our upstream business, especially in the gas sectors, we look at 2015 to the next ten years. we're almost doubling our gas production that required a lot of services from all of the companies, a number of rigs is increasing significantly. not only for oil and gas, also for exploration and for unconventional gas in the kingdom. with that growth, a lot of potential and a lot of opportunity for the service providers, which is the major companies i talked about that are major players in the sector >> somebody in the oil business said they asked me to ask you, they said, brian, i'll do my texas accent, can you ask them if they would be profitable at $5 a

you're watching "worldwide exchange" on cnbc. >>> all right.t's 5:30 in the morning in the east, you have to shake it off, get up, get going. great to see you here. here are the top five things you need to know president trump blocking broadcom's proposed 1$117 billin takeover offer for qualcomm. trump citing national security concerns if it went through it would have been the biggest technology deal ever >>> the nasdaq back at all-time highs. apple shares at a new record apple closing in on the $1 trillion market cap level. >>> the president will meet with saudi crown prince during his visit to america next week that meeting scheduled for next tuesday. >>> voters in pennsylvania's 18th congressional district will head to the polls today to vote in a special election. the latest polling has the democratic candidate leading in a district that president trump took by a landslide two years ago. >>> more than 1,000 flights up and down the east coast have been canceled. another winter storm is bearing down on us hi that's the third nor'easter to hit

welcome to "squawk box" here on cnbc we are live from the nasdaq market site in times square.'m becky quick along with joe kernen and mike santoli. andrew is off today. yesterday ended on an upnote for the markets after seesawing back and forth. this morning things are relatively flat. the nasdaq is under pressure as joe mentioned facebook shares looking like they'll be opening down today this morning the nasdaq is off by 14 points looks like the dow is flat as are the s&p 500 futures. this could move all over the place, not only between now and the closing bell but between now and the opening bell overseas, the nikkei ended down by half of a percentage point. stocks in china were off by a quarter percentage point the hang seng down by 0.4% in europe where early trade is already in play, you can see that stocks in france down by 0.3% the ftse is down by half a percentage point and the dax is flat. check out treasury yields today. the fomc meeting, and ahead of that, before we hear from jowl and his first press conference as the new today chair, you can see the ten-year is push

at cnbc we are in the nasdaq market site in times square.global market reaction both in the markets and the president's announcement on steel and aluminum we lost 400 yesterday. s&p down 12 and nasdaq down 43 the european union warning of retaliation if president trump's planned steel tariffs are applied to europe. they say they are discussing different response measures d e depending on what the final numbers are. better than 2% earlier still the case in germany and downward moves on the rest in other headlines this morning, georgia lawmakers have followed through on their threat to remove a tax break for delta airlines they have passed a provision without a tax on jet fuel. general motors is planning to cut 5,000 jobs at its money losing south korea unit acco according to a reuter's report, it would be 30% of the work force. the automaker is planning to keep production steady >>> back to our top story, president trump's tariff on steel and aluminum imports jackie deangeles is joining us in the heart of steel country in pennsylvania hey, ja

here's your cnbc news update at this hour. police say at least three people were wounded after a car bomb exploded near a red cross office in mogadishu. one of the victims is in critical condition while the other two received minor injuries >>> georgia giving its final farewell to zell miller, the former u.s. senator that gave them hope. the state funeral was held in the state capitol rotunda. he's best known for launching the hope scholarship. >>> a proposed bill would make it illegal for employers in new york city to make employees respond to e-mails after work hours. it would fine employers at companies with ten or more employees. the legislation doesn't apply to government workers >>> so any dropping the price of the playstation v.r. $100. it will now be $299.99 it takes effect tomorrow more than 2 million units have been sold. it wants more gamers to get in on the action at a greater value. of course it does. that's the news update this hour melissa, back to you. >> thank you, sue. >>> the oil market is closing for the da

sources telling cnbc williams is the front-runner to be the next president of the new york fed. >>> andly, investors isn't russia are looking into the cause of a deadly fire at a shopping mall in siberia officials say more than 50 people were killed in that blaze. more and all of these stories coming up, but first, let's get a look at your money on a monday a decidedly different look this morning in the big selloff we had last week which by the way was the worst for indexes in two years. u.s. stocks indicating a higher open japan bouncing back a percent. mainland china is down europe is slightly higher across the board. we are seeing the dax up 0.4% in germany. oil slightly lower today keep in mind, grud is still up 8% this year many oil stocks last week rose even in a down-market energy, one sector you want to keep your eye on right now >>> well, as we noted last week was the worst in two weeks for stocks overall, but perhaps some of that negativity has turned around futures are looking solidly higher at the open and joining me now is mark avalon, president of potomac wealth advisers.

. ♪ >>> good morning welcome to "worldwide exchange" here on cnbc i'm dominic chu. >> i'm seema mody.> here's the five big things you need to know about this morning. wall street is rebounding following yesterday's selloff. right now the dow is slated to open up about 50 points, the s&p by 6 facebook shares holding in the red. we're getting reports that the company will hold an emergency meeting with employees later today. more details on this developing story coming up. >>> police in arizona say uber's self-driving car is likely not at fault in a fatal crash that happened over the weekend. a 49-year-old woman was killed sunday after the self-driving volvo suv struck her outside of phoenix. >>> the world's largest oil company is walking back plans for a massive ipo. saudi aramco is expected to list public shares in saudi arabia only that ipo could happen by the end of this year. >>> the fed is kicking off a two-day policy meeting today in washington, d.c. investors are widely expecting a rate hike. we'll know more when the fed announces its rate decision tomorrow afternoon >>> let's c

14, 2018, "worldwide exchange" begins right now >>> good morning welcome to "worldwide exchange" on cnbc. i'm brian sullivan thanks for joining it's. the five big things you need to start your day stocks are holding vong decemstg despite threats of a new trade w war. >>> too close to call. that's how nbc news is characterizing congressional election in pennsylvania conor lamb is claiming the win, republican rick saccone has not conceded defeat. >>> a passenger was forced to put her dog in the overhead bin on a flight, and her dog died. united is taking full responsibility. >>> and toys "r" us is planning to liquidate, meaning stores will close permanently that process could happen as early as today toys "r" us operating 800 stores nationwide. >>> and stephen hawking died after a long battle with lou ghering's disease. he was 76. >>> the white house considering a new round of tariffs on china. eamon javers, what would this new round target >> good morning. it's about $60 billion that reuters is reporting that the united states would be targeting in terms of imports from china and new tari

i'm melissa lee, you are watching cnbc first in business worldwide.n the meantime here's what is coming up on fast. >> i am not a role model. >> neither apparently are a number of top nike executive as the dow own andent gets rocked by a series of high-profile depart yours what it means for the stock. >>> plus, bitcoin is getting pummelled. but there is one bitcoin stock that surged to a 52-week high. we will give y touhe name, and how to profit, when "fast money" returns. ♪ ♪ wake up early, o. ♪ slap on some cologne ♪ i'm 85 and i wanna go home ♪ ♪ just got a job ♪ as a lifeguard in savannah ♪ ♪ i'm 85 and i wanna go home ♪ ♪ dropping sick beats, they call me dj nana ♪ ♪ 85 and i wanna go don't get mad. get e*trade, kiddo. while nothing comparesating modeto the real thing.d... experience the command performance sales event for yourself, now through april 2. experience amazing at your lexus dealer. >> welcome back to "fast money." shares of winery sorts lower today but they have been climbing above the lows made after wynn faced sexual assault allegat

larry kudlow will be a familiar face to many in the business world as a pundit on financial channel cnbcpointment has been a surprise to many — given his passionate support of free trade and his criticism of mr trump's recent moves — asjoe miller in new york explains. in his trademark shirt and cufflinks, he has been a fixture on financial television for more than a decade, and a reliable cheerleader for american business. a consistent proponent of lower taxes and free markets, larry kudlow made his name as an investment banker, before working in the reagan administration. at one point, he strongly denounced donald trump's behaviour, and has criticised the white house for its attacks on free markets, including the latest tariffs. but in his usual perch on cable television on wednesday, he appeared to row back on his previous position, and said he was broadly in agreement with donald trump's economic agenda. it was a performance that no doubt pleased the president, who wants worked alongside larry kudlow, and was reportedly won over by his television presentation skills. let's get more on

welcome to "squawk box" here on cnbc we are live from the frz dnasdaq market site.ur guest host for the hour is steve grasso from stuart frankel, also a cnbc market analyst. great to see you >> good to see you guys. >> let's look at the u.s. ekky f equity futures the dow futures are in the green, so is the nasdaq and s&p. the dow industrials are up about 85 points right now, yesterday sol some of the industrials were pulling things down, boeing was one of them. the nasdaq was strong yesterday, closed up thanks to not only technology stocks doing well, also amazon, starbucks, those stocks helping things out. let's look at what happened overnight in asia. you can see the nikkei was up by 0.6% hang seng was flat shanghai was down. then if you look at what's happening this morning on the continent, in europe, you'll see things are up across the board biggest gainer of the major averages is the cac in france. then you'll see the treasury market we've been watching the yield on the ten-year closely it looks like the ten-year is yielding 2.881%. yields came down yesterday,

one of our star cnbc's traders announcing today she's loading up on goldman sachs.sing bell. live from the new york stock exchange with kelly evans.high-v what people really invest in, is what they hope to get out of life. but helping them get there takes a pure focus. because when you invest their money without distraction, hidden agenda or competing interests, something wonderful can happen. they might just get what they want out of life, and maybe even more. tomorrow, it's a day filled with promise and new beginnings, challenges and opportunities. at ameriprise financial, we can't predict what tomorrow will bring. but our comprehensive approach to financial planning can help make sure you're prepared for what's expected and even what's not. and that kind of financial confidence can help you sleep better at night. with the right financial advisor, life can be brilliant. >>> our next guest just rang the closing bell in anticipation of the upcoming st. patrick's day holiday. tom derricks chairman of a beer company. welcome to you. >> thanks for having me. >> i've be

joining me on the panel, we have cnbc senior markets commentator michael santoli alongside cnbc contributorgest winner in the dow this week was intel. the chips had a strong week in general. intel was up 2.5% on the week. look at caterpillar, down nearly 10%. in the s&p, the biggest winner was macy's, while patterson companies was the biggest decliner it looked very different this morning when the two-day damage from this tariff announcement was almost 1,000 points off the dow. now all of a sudden things don't look so bad. what's going on? >> it's still a kiddish market as you can see with these multi100-point swings in the dow every day. i do think there was muscle memory today, which was three fridays ago we actually had a really good intraday rally people thought perhaps stocks sold off enough. that was the day of the low. >> that was the intraday low >> doesn't mean that's going to happen again doesn't mean this is to stay it does show you we're in a market that seems to be buying dips, selling rips, kind of figuring out what the correct range is for stocks. so, i think that the tariff