we had -- david faber and i interviewed very good manager, recommended it,r, and the stock just t soaredand i think, you know what, teck, t-e-c-k, it had a great game and it's time to move on. sometimes it pays to go against the crowd, nowhere is that more evident than in the oil market. but if falling prices have shown us anything, it's the top players in areas like the permian that are right place to be. and then you can actually buy down here. boy they've been crushed. plenty more "mad money" ahead. what's ahead for tech data's second act? i'll sit down with the ceo of this exciting company. and the bull market just turned eight years old. tonight i'm ripping open your portfolios to find out, but first we're going coast to coast taking your calls in a rapid fire edition of the lightning round. so stay with cramer. so stay with cramer. >>> tomorrow, kick off the trading day with "squawk on the street." street." >> we got to go, david, but you're just dead wrong. >> it all starts at 9:00 a.m. eastern. eastern. you always pay your insurance on time. tap one little bumper, and up go your

my partner on "squawk on the street," david faber, snickered and asked when?aid by the end of the day. okay, so i was off by a couple hours. i know. it seemed preposterous that a money-losing company with a stock that doesn't even have any voting rights should be worth $40 billion or even $38 billion where it close ed today. but to quote clint eastwood in unforgiv unforgiven, deserves got nothing to do with it. the process does. and ipo, the process, sometimes stilts heavily toward overvaluation. this is one of those times. today snap's stock might look like it it might do almost nothing. it was up about 20 contributes when the s&p futures were down. then before the opening, we learned that comcast, the parent company of this network, had invested a staggering $500 million in snap at the $17 ipo valuation, and that was all she wrote. the darn thing took off, ultimately closing up more than 10 rs p. the sticklers immediately pointed out that snap is now trading at more than 30 times sales. thirty. facebook, which was on the cusp of what turned out to be insane

i'm karl -- carl with david faber. a two-day fed meeting begins.low 48 or a bearish opec production report. our road map begins with the snow coming down. states of emergency declared in new york, new jersey, pennsylvania, connecticut. we'll take you live to the worst of the storm. >>> bill ackma th sells out of valeant, a $4 million loss. >>> the congressional budget office out with its assessment of the republican health care plan, saying millions will lose coverage. we'll dig in on the report. >>> first up, states of emergency declared in several states as the winter storm hammers the northeast. already a foot of snow in parts of the region. more than 8,000 flights have been cancelled this week due to the storm impacting more than 400,000 passengers. jim, we're going to see what the impact is on the airlines. i think right now, i saw a map a few moments ago, there are only eight inbound flights to new york on the entire globe. >> yeah. look, i know we had a good report this morning, talking about whether there was -- how badly the quarters will

i'm carl quintanilla with sarah eisen and david faber at the new york stock exchange.ain for the second day. looking potentially for the first back-to-back losses on the dow and s&p since the end of january. looking at oil, as well though, up almost a full percent. >> road map for the hour starts with the american health care act. republicans rolling out their version of the obamacare replacement. >> sources say china's zte has agreed to pay $1 billion to settle a case involving the alleged sale of u.s. technology to iran. we've got details. >>> plus, an explusive with the chairman of the world's most valuable oil company. saudi aramcaramco. his take on the trump era and the road to what is rumored as the world's largest ipo. >>> first, let's go to capitol hill for details of the gop's new health care plan. morning, kayla. >> good morning, sarah. the plan put forth by house leadership dubbed the american health care plan dismantles the taxes and subsidies from obamacare. in their place, puts tax credits and expanded savings accounts for customers to buy their own insur

sara eisen, david faber and myself at post 9 all morning long. joining us at the desk, roger mcnamee, and eric capoue. exciting day. >> great day! >> let's get your take on what appears to be pretty bullish action in the stock. what do you think people are responding to? >> the stock was way oversubscribed yesterday at the ipo. i think there's a lot of excitement about snap. i think snap is fun, clearly has a very engaged audience, and there's a new player that we now have a duopoly, facebook, google. i think they'll continue to do well, but now there's a new player on the scene. >> does it bust that open, roger? >> i think it's -- let's face it, the market has done way better than institutional investors this year. hedge funds are lagging. mutual funds are lagging. they need big ipos to get back into the game. snap is coming along at exactly the right time with exactly the right scale of deal. i will tell you, i think it's grossly overheated. you know, google traded under its ipo price. facebook traded under its ipo price. in all probability, sn

i'm sara eisen with david faber and mike santoli.ost 9 at the new york stock exchange. carl has the day off. let a check in on markets at this hour. after the strong bounce from stock yesterday, stocks here are searching for direction. about half an hour into trade. the dow is lower by about 33 points. the nasdaq though is positive by almost 0.2%. crude oil is higher and the british pound is weaker as the uk makes history triggering article 50. >> that's where our road map starts. the prime minister triggers the two-year brexit process. >> and stocks taking a pause here with the dow lower for the ninth time in ten sessions. we'll have some market analysis for you straight ahead. >>> and the tax trade. a breakdown of what stocks you should be investing in as tax reform gets ready to come down the pike. >>> but first, british prime minister theresa may signed a letter invoked article 50. our vila marks joins us with more. >> good morning. so essentially that triggering of brexit happened with a delivery of a letter. that was written by

i'm david faber with jim cramer. we're live from the new york stock exchange.arl quintanilla is still off. you can see where we stand and of course european markets have been opened for quite some time. not getting into italy or spain anymore. >> and spain in major comeback mode. italy, third biggest bond market. we stay foe cut -- focused. >> as we should. talking about our bond market hanging around that 2.3. under 2.4 in terms of the yield. that's been kind of the constant so far this week. you can see where we are on oil. let's get to the road map this morning. russian denials. president vladimir putin telling cnbc's geoff cutmore, quote, read my lips, his country never interfered in the u.s. elections and calls the allegations lies and provocations. >>> plus, we're keeping our eye on the global economy. four former treasury secretaries sound off on financial reforms and risks and the trump agenda. and lulu sinks. shares of lululemon tumbling, this after the athletic maker issued a weakout lo-- weak outlk for 2017. let's start with putin. he made news at th

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.utures are weak as the market takes stock of developments over the weekend. deutsche's equity sale, the president's allegations of wiretapping, don't forget a jobs number on our way this friday. and we might see a new immigration order from the white house today. europe is lower. factory orders are coming our way in about an hour. roadmap begins with stocks seeking to extend the rally but futures pointing to a muted open. >> deutsche bank announces an $8.5 million capital raise. >> and trump administration expected to roll out a revised exec tifr order on immigration today. we'll talk more about the economic impact. first up, stocks are looking to extend weekly winning streaks. the s&p and nasdaq each up to six. the dow posting four straight weeks of gains since the bull market began about eight years ago today it has generated more than $21 trillion in new stock market wealth. in fact, today is the anniversary of the dow's crisis low, 6,400 and change, of course the s&p and haines bot

i'm david faber with jim cramer. we have live from the new york stock exchange.arl quint anil low is off today. 30 seconds later we are looking for the lower open and the european markets have been in the red all morning. you can see that germany's vax is the biggest loser. as for the ten year note we are 2359. the bonds have been rallying since the aca was not repealed. let's get to the road map and now it starts with tackling taxes, the president is looking to rally republicans on a tax reform strategy. >>> and plus the global markets are down on signs of a stalled trump agenda. it is on track for the lowest losing streak since 2011. and premarket, after five top analysts issued bullish ratings on snapchat's parent. global markets are moving lower on the pulling of the health reform bill and how it can impa impact president trump's pro growth agenda. yesterday on nbc's "meet the press" the president's budget director mulvaney described why there was a rush to pass health reform legislation. >> here's the hurry. there's a lot to be done. we needed to get rid of

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new york ock exchange. a solid premarket to start the morning, but the real stories are one, a blowout adp number, 298,000, the third best month of the expansion. and two, david tepper on squawk this morning talking global growth at central banks he says need to start taking seriously. europe is relatively flat. the two-year, five-year yields hitting multi-year highs this morning. roadmap begins with billionaire hedge fund manager david tepper not pulling any punches. what he's betting on, plus his take on trump, apple, snap and a lot more. >> a blowout jobs number from adp shows that businesses are booming. we're going to dig in on the report. >> and an op-ed this morning claiming the president is suffering from trade deficit disorder. the street is weighing in. we'll get the debate on trump's trade plan. some upbeat news ahead of friday's big jobs number. data out of adp shows private sector added 298,000 jobs in february. that is the most since december of 2015. and then on squawk appaloosa'

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.tocks looking to build on yesterday's post federally with our best shot in a couple of weeks of testing record highs. we're watching the president's proposed budget today, court challenges to the revised immigration order, the dutch elections in europe where there is some green. and decent data on claims, starts and philly fed back home. a roadmap begins with a new budget blueprint from the white house. the impact on the economy, the markets and business. >> plus, oracle had a strong beat on the back of its cloud business. the stock is moving higher on those earnings in the premarket. >> another stock sale from tesla raising over $1 billion ahead of the model 3 launch. stock is climbing instead of falling. we'll get to that. but first out, the president out with his budget blueprint for fiscal '18 calls for a $54 billion increase in defense spending. that's the largest for the military since the '8 0z. blueprint outlines billions in funding for the wall, spending offset with cuts to ag

david faber is off today. quick check on the markets.ction as a lot remains unanswered regarding policy, regarding markets, even regarding the fed, which you're going to hear a lot this week fed speakers out in force, already three under our belt today. >> let's get straight to eamon javers for our top story. he's in washington with what we can expect from the house intelligence committee hearing this hour. eamon, what should we look for? >> good morning, sara. the fbi director has a decision to make here. he's got to decide, one, if he's going to flatly say that the president was wrong when the president accused barack obama of wiretapping him in trump tower. we expect that he will be asked to address those claims by the president of the united states and will he flatly say that they were inaccurate. there's reporting that the fbi director has gone to the department of justice and asked them to push back on that claim by the president of the united states. they haven't done that. so that's one decision he's got to make. the other one he

i'm carl quintanilla with sara eisen, david faber at the new york stock exchange.riday looking okay. pretty broad buying in place as we got close to an all-time high on the nasdaq. oil trying to recover getting closer to 50. >> our roadmap for the hour begins with stocks getting a boost after the u.s. added 235,000 jobs in february. was it a trump bump? and has the stage now been set for a rate hike next week? >> and the ceo president, why pulitzer prize winning columnist jim stewart says trump paved the way for a 2020 presidential race between executives. >> plus, a new study showing some of the largest u.s. companies are actually paying no taxes. we'll talk to the lead author behind that report. but first, let's get straight to our senior economics reporter steve liesman with more on what looked like a very healthy jobs report for the month of february, steve. >> yeah, give me 235 all day long here, sara. it's a positive jobs report helped by some temporary factors like weather but still showing really solid underlying strength in payrolls and in the economy. her

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.appy birthday to the bull market. we remember the s&p's cycle low on this date in 2009. his attention is now focused on the ecb keeping rates unchanged. europe is relatively steady, more pressure on oil though after the worst day in 11 months, below $50 a barrel for the first time this year. roadmap, eight years since the haines bottom. >> and aig ceo is out, what is next for the giant insurer? >> ceos headed back to the white house. we dig into the return on a west wing meeting. the s&p and dow looking to snap three session losing streaks which hasn't happened since january. we got that pull back in energy yesterday resulting in those losses. and as we said it's been eight years since the stock market had bottomed. that of course was when mark haines made a very big call right here on this show. >> however, i'm going to step out on a limb here. >> this is the big hold on everyone. we've been waiting for this. >> i think we're at a bottom. i really do. >> ever since what we call the ha

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.ause in the rally continues for a second morning. futures are mixed although a lot could change as fed speak hits a change today. all before 1:00 p.m. eastern before they go dark ahead of this month's meeting. europe's pretty mix. ten-year above 2.5 and inflation finally returns to japan, 0.1% on their cpi. roadmap begins with a pause in the rally. a cnbc exclusive with wilbur ross on how trade changes in a trump white house. >> and snap day two, the stock soars in its debut and now news that nbc universal, our parent company, making a strategic investment in the company. >> and a dramatic scene at caterpillar headquarters, offices raided by federal agents. the latest on that. stocks looking to bounce back from biggest one-day decline since january, but s&p and nasdaq each on track for a sixth consecutive weekly gain. dow's on pace for its fourth positive week in a row. earlier on squawk this morning the new commerce secretary wilbur ross commented on the post-election market rally. >>

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.utures not far from fair value on this st. patrick's day. a lot to watch today including chancellor merkel at the white house, quad witching, we're going to tackle the trend of deregulation all day long on this network. europe's pretty steady. macro to watch. our roadmap begins with u.s. foreign relations in the spotlight. the president meeting with merkel in washington today. plus, the secretary of state rex tillerson giving a very strong warning to north korea. >> then we're going to move onto deregulation nation, what the current climate of deregulation means for media and telecom stocks. >> shares of tiffany up on strong earnings. a silver lining perhaps for the luxury market. but first up, when the president meets with german chancellor merkel later this morning, trade, immigration and defense among the major issues likely to be discussed. both leaders will hold a joint news conference this afternoon. the trump white house has been critical of germany's trade surplus as the u.s. r

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.all it the trump rally 2.0, futures way up on the president's address to congress last night. the dow looks to open within earshot of 21k, europe nearly 2% gains, german inflation cracks 2 for the first time in years and back home the two-year yield an eight-year high as expectations soaring for a fed hike this month. a roadmap begins with a different tone from the president on taxes and trade to immigration and obamacare, his message to the markets. >> plus, the market rally returns as investors digest white house economic policy and that possibility of a march rate hike for the fed. >> and prepping for the biggest u.s. tech ipo since facebook, snap is set to price tonight but will the ipo prove a boost to the tech market? first up in his first speech before a joint session of congress the president highlighted his plans for boosting jobs and the economy including tax cuts, trade deals and a major infrastructure program. >> i will be asking congress to approve legislation that produce

tim westergren is here as well as david faber joining us on set.im, good morning. >> good morning. >> i've been using premium. you gave me a beta build for the past couple days. i've got to say, i'm enjoying it, easy to use. how long does this product have to prove out the value of pandora in this subscription, $10-a-month age, proof out that you can remain independent? >> i love, by the way, easy to use. i love those words. that's really a cornerstone of the product. tipping back for a second, we look at the subscription space and think we're kind of in the first generation of products right now. it's essentially 30 million songs in a search box. and i think that while that's appealing for a small segment of the population, i think for most people, it's overwhelming. and no one's really solved the ease-of-use problem and i think that's where pandora sits. we've created differentiated products and we'll bring it to you. we have 130 million quarterly listeners on pandora that we speak to every day. we think that's a huge opportunity and we're excite

. >> my colleague david faber did a critical piece about amazon which showed that in some cases very working conditions. obviously you know about the amazons of the world. i think that people might be drawn to shop at boxed because they like the way you treat the people you work with. >> let's bring it back to what you talked about before, jim. it was that all these retailers under pressure. why? it's because 30 years ago, for the last 30 years, value equaled price. but now value equals price, convenience, and a little bit of brand. that's what we bring to the equation. i think if you believe all things are equal, that you can't outconvenience someone once it's -- >> you ultimately want to be able to raise money. i want to ask it's great what you're doing with college, with the tuition. is there any way that the employees can get stock? >> so our employees, full-time employees, whether you are in the fulfillment center or whether you're a cmo, every single person has stock options. >> they do in. >> every single person. even if you just kind of got promoted to be a full-time picker,

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.tocks look to build on some more records, perhaps, after the s&p's best day of the year on explosive volume. europe is mostly green. yields around 2.46. jobless claims hit a new 44-year low. roadmap begins with a snap decision, the open, the first trade, how the stock performs in its debut all coming up this morning. >> plus, new record highs for stocks. dow 21,000 as the post election rally marches higher. >> and mcdonald's rolling out changes to its stores, its menu, mobile ordering, delivery. ceo steve easterbrook is going to join us live for an exclusive interview. first up though, stocks coming off their best day of the year including new record highs for the three major indices and dow closing above 21k for the first time ever. this morning the president tweeted since november th, election day, the stock market has posted $3.2 trillion in gains. and consumer confidence is at a 15-year high. jobs with a watch on for a potential rate hike this month, steve liesman will talk to fed

david faber joins us with more. you broke the news yesterday. great to see you, david. you follow ts story closely. certainly he's got a number of big losers through the years. one reason why his fund has not done particularly well, down 13.5%, i believe, last year. roughly 20% the year prior to that. also quite a few winners. but this one may be the biggest amongst the losers, choosing yesterday as we reported to exit the stock, 27.2 million shares. sold at 11 in a trade that there was some demand for. of course, taking him out of valeant for good. the story goes back a while, if you recall. one of the reasons why the pershing fund he runs had such a great performance in 2014, up 40%, was because he was a partner of valeant when it went after allergan. of course, that's gotten him into at least some litigation. in fact, they actually signed a litigation cooperation agreement not too long ago. what it also did is allow him to participate in the potential takeover of allergan. valeant did not succeed in that. he succeeded when activis came in and bought allergan at a lar

david faber had to say that these verizon/charter talks were not moving forward a couple months ago,fter they bought time warner cable, and as those in new york city now call it spectrum, the service. >> this reminds me of a time we took a gift that we -- okay, well, we'll talk about that, but it's kind of a little bit of regifting to the american people when it comes to jobs. >> let's get to eamon javers. he joins us from the white house with more reaction. eamon? >> reporter: yeah, hi, kelly. i don't think they would call it regifting here at the white house. this is the sweet spot of this presidency. this is what donald trump likes to do as president of the united states, sit there in the oval office with ceos and make big, splashy announcements. $25 billion is certainly a big, splashy number. 20,000 americans getting jobs inside the united states, that's a number they like here at the white house. so, this is the kind of thing that this president wants to be doing maybe more so than dealing with the headaches of health care up on capitol hill, which is turning into a very sticky

also, happy birthday to a guy who is to the left of me, david faber. >> oh, happy birthday, david.t know. $4.95 per trade? uhhh. and i was wondering if your brokerage 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. this is where i trade andrs. manage my portfolio. since i added futures, i have access to the oil markets and gold markets. okay. i'm plugged into equities- trade confirmed- and i have global access 24/7. meaning i can do what i need to do, then i can focus on what i want to do. visit learnfuturestoday.com to see what adding futures can do for you. >>> thanks everybody. big show. big jobs number. make sure you join us on monday. "squawk on the street" begins right now. ♪ >>> good friday morning. welcome to "squawk on the street." i'm carl quintanilla with jim cramer, david faber at the new yor

david faber spoke to them. >> 10, 11 years ago we launched internet radio.aol, apple had plaerjized radio products. we were the newcomer to the space. we built a much better product. here we are years later king of that category. we think we've seen this before. again we look at the subscription space and think no one has done it right. >> it's amazing to take a look at pandora's shares price. up 23%. there's a high shortage. this is one people were saying there's so much competition out there how can they survive. probably a take over target. >> i liked his point about you go into a space where you think oh, all these big guys exist and you know they are going to dominate because of their size. because they can be on every single desk top in the country. they don't focus on it and becomes a great product. >> 30 years ago today microsoft made its debut. it soared 89% since then. what lies hide. josh lipton is in san francisco with that story. >> reporter: if you invested $1,000 in microsoft at the ipo price of $21 it would now be worth almost $900,000. not a

david faber is off today. we watch the president on capitol hill. some high profile earnings today.d speak this afternoon. a lot going on. >> our road map for the hour begins with president trump's teflon rally. stocks remaining remarkably resilient, in the green. the nasdaq hitting an all-time high this morning. a breakdown of what is driving the market is straight ahead. >>> another update for apple. fresh all-time highs after unveiling new products this morning. >>> plus, as carl mentioned, trump on capitol hill. as republicans unveil changes to their proposed health care bill. new travel restrictions for electronic devices on avoversea flights. we have all the details. >>> first, the market. stocks continue the climb higher. the nasdaq hitting an all-time high despite the drama coming from washington. joining us is jpmorgan global market starategist and also a chief investment officer. david and david, welcome to you both. >> morning. >> the resilience in the trump rally getting what looks like fresh breaths of life, up 24 points on the dow. are you surprised? >> given the comme

of a turnaround that's been promised for so long then, of course, march 13th was yesterday and david faber announced that valeant was exiting causing shares to fall quite a bit. as folks steck late maybe there isn't a turnaround to come here at valeant. guys. melissa, back to you. >> we spoke to andrew and asked about valeant after this news came out that ackman exited the position and what he thought about the stock and he said he still thought it could go bankrupt. what's the credit situation look like right now because bmo makes a good point. at this point his exit underscores a point that perhaps the turnaround is going to have many, many more challenges than we anticipated and take much longer than anticipated as well. >> that is a key concern of a lot of folks that i'm hearing from, as well. the company has $30 billion worth of debt. it has been kind of refinancing some of that trying to push out things, make it a little looser in terms of being able to meet all of its obligations there but the key concern is that the company -- its business won't be able to support its obligations a

i'm david faber along with jim cramer, live from the new york stock exchange.arl quintanilla has the day off. half hour before trading on tuesday a lower open perhaps but not by much if at all after yesterday's down markets. european markets though not down after yesterday's down day overall. you can see germany's dax regaining some of the losses, france is the only major indices in the red right now. the ten-year note yield very important, one of the reasons why the financials have performed so poorly and there is that yield, down just a bit, 2.362, although this is right around where we were yesterday. as for oil, up and up rather nicely. and the latest s&p case shiller home prices report, prices up 5.9% in january compared to a yearni year ago, faster than the 5.6% economists had been predicting. as for the road map, ford expected to announce significant new u.s. manufacturing investments this morning. the automaker receiving high praise from the president. plus futures are pointing to say flat open, the dow seeking to reverse course from the longest losing

david faber is off.t is the final countdown, again, as the market looks to a potential house vote on health care today. the debate now shifting to whether a failure to repeal is bearish, maybe bullish. futures are pretty steady. strong pmis out of europe, but stocks are red there. durables show cap x is improving. ten-year remains in tight range. roadmap begins with trump's message to congress, take it or leave it. president says he's done negotiating on health care. that crucial vote now set for later today. keystone green light, the president set to officially reverse one of the obama signature environmental policies this morning. and then markets on track for their worst week since november, wall street's keeping close watch on d.c. and any progress for the trump agenda. president's pushing hard for house republicans to pass health reform today. in the past hour he wrote after seven horrible years of obamacare, skyrocketing premiums and deductibles, bad health care, this is finally your chance for a g

david faber's off.ot some stability in the premarket on what is expected to be a big day on capitol hill. still no timing on a house health care vote, but lawmakers expressing more optimism about passage today. london is steady, parliament's back to work as the city responds to yesterday's terror attack. bonds once again 2.4, claims back above 250. roadmap begins with a vote on health care repeal. does the gop have the votes? what does it mean for the agenda? starbucks howard schultz on with jim last night. and eight are arrested as isis claims responsibility. first up, wall street keeping an eye on wall street today. the president lobbying hard for the gop health reform bill ahead of a critical house vote. rules committee gavels last night without any timing. the house gop delaying a 9:00 a.m. meeting right now. it's going to be a long day. >> yeah. look, i think that the t.a.r.p. comparison if we remember t.a.r.p. goes down the first time and then looks like all heck breaks loose and then t.a.r.p. aga

i'm david faber with jim cramer. we're live from the new york stock exchange.ff. you can see where we stand and of course european markets have been opened for quite some time. not getting into italy or spain anymore. >> and spain in major comeback mode. ital t

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.ck of developments over the weekend. deutsche's equity sale, the president's allegations of wiretapping, don't forget a jobs number on our way this friday. and we might see a new immigration order from the white house today. europe is lower. factory orders are coming our way in about an hour. roadmap begins with stocks seeking to extend the rally but futures pointing to a muted open. >> deutsche bank annoues

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. a lot to watch today including chancellor merkel at the white house, quad witching, we're going to tackle the trend of deregulation all

i'm karl quintanilla with jim cramer and david faber at the new york stock exchange. the premarket.rely on the new draft bill called the american health care act. we're going to w

i'm carl quintanilla, sara eisen and david faber as jim is off today.ction, three fed speakers with kashkari on squawk a few moments ago, the ten-year dips below 2.5 and oil remains on the offensive. roadmap begins with major hearing t

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.lly 2.0, futures way up on the president's address to congress last night. the dow looks to open within earshot of 21k, europe nearly 2% gains, german inflation cracks 2 for the first time in years and back home the two-year yield an eight-year high as expectations soaring for a fed hike this

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new york he morning, but the real stories are one, a blowout adp number, 298,000, the third best month of the expansion. and two, david tepper on squawk this morning talking global growth at central banks he says need to start taking seriously. europe is relatively flat. the two-year, five-year yields

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.more records, perhaps, after the s&p's best day of the year on explosive volume. europe is mostly green. yields around 2.46. jobless claims hit a new 44-year low. roadmap begins

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.ow on this date in 2009. his attention is now focused on the ecb keeping rates unchanged. europe is relatively steady, more pressure on oil though after the worst day in 11 months, below $50 a barrel for the first time

david faber's off.day on capitol hill. still no timing on a house health care vote, but lawmakers expressing more optimism about passage today. london is steady, parliament's back to work as the city responds to yesterday's terror attack. bonds once again 2.4, claims back above 250. roadmap begins with a vote on health car

i'm david faber with jim cramer. we have live from the new york stock exchange. open and the european markets have been in the red all morning. you can see that germany's vax is the biggest loser. as for the ten year note we are 2359.

i'm david faber with jim cramer. we are live from the new york stock exchange.en this morning as we look at futures. european markets you ask. we answer by giving you the numbers. there they are. largely in the green this morning. this after a rally yesterday both over there and in our markets here. the ten year note yield remaining though right around that 2 o r

david faber is off.alth care today. the debate now shifting to whether a failure to repeal is bearish, maybe bullish. futures are pretty steady. strong pmis out of europe, but stocks are red there. durables show cap x is improving. ten-year remains in tight range. roadmap begins with trump's mess

i'm david faber along with jim cramer, live from the new york stock exchange.ur before trading on tuesday a lower open perhaps but not by much if at all after yesterday's down markets. european markets though not down

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.s for a second morning. futures are mixed although a lot could change as fed speak hits a change today. all before 1:00 p.m. eastern before they go

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.rday's post federally with our best shot in a couple of weeks of testing record highs. we're watching the president's proposed budget today, court challenges to the revised immigration order, the dutch elections in europe where there is some green. and decent data on

faber saw it as an undervalued currency. the call is working out on an early basis. davidpresident trump's first address to a joint session of congress. here's what he had to say about tax reform. >> right now, american companies are taxed at one of the highest rates anywhere in the world. my economic team is developing historic tax reform that will reduce the tax rate on our companies so they can compete and thrive anywhere and with anyone. [applause] >> it will be a big, big cut. david: house speaker paul ryan has championed a border gusman tax. -- border adjustment tax. if we get this cut, how would you like to see that paid for? >> we are talking about a dramatic reduction. it will take taxes down $2 trillion over a decade. there will be reforms and entitlements over the next several years. you are looking at block granting medicaid for starters. before we get to the tax cut, there is a obamacare repeal, which is a $1 trillion tax cut. over intomove corporate rate from 25 to 20, the individual rates down to 30. it abolishes the death tax, polishes the amt, goes to imme