i am dominic chu here at cnbc global head quarters. wall street is set for a mostly lower open this morning, stocks ending flat yesterday ahead of several big earnings reports from the likes of microsoft and google's parent company, alphabet. the dow reversing a more than 100-point loss to close higher, boosted by strong data on consumer confidence, which showed the highest reading since before the virus pandemic. in focus for traders and investors today, the federal reserve wraps up a two-day policy meeting this afternoon. the fed is not expected to take any action on rates but may defend their policy to let inflation run hot. we also get earnings from boeing, ford, facebook and apple as well. >>> starbucks says u.s. sales recovered from the pandemic. sales at downtown city locations are lagging those in the suburbs as many people have yet to return to the office. starbucks expects larger order sizes to eventually drop off but the number of transactions to grow. the chain has been pushing mobile ordering and is increasing its to go op

i'm dominic chu. is what we call them near record highs for the index the s&p up five points dow jones industrial average is higher by 58 the major averages are coming off a higher session with the s&p notching another record high yesterday was all about big technology rallies in apple, netflix, microsoft helping the broader markets overall. nasdaq popping 1%. now up 2.5% this week. let's check on the global markets. a mixed picture in asia. hong kong fell 1.5%. red except for thailand and japan. europe is getting its trading day warmed up here you see the early trading and early action is mostly red across the continent german dax is flat the ftse is level. and more more ahead, we are joined by hermes portfolio manager steve. steve, another day and another record day for the standard & poor's 500 you have to worry about valuation? >> not when bond yields are this low. in our forecast, we have a 4,500 year end target. i don't need to expand to get there. we will generate 25% earnings growth this year

thursday, april 8th, 2021 you are watching "worldwide exchange" here on cnbc ♪ >>> good morning i'm dominic chuhere is how stock futures are looking for thursday morning after coming from the muted wall street on thursday with a fresh record close investors are holdingid the sead thanks to the recession, we will see strong growth rates to kickoff the year the first quarter will be the strongest quarter for the earnings growth with earnings expected to rise 24% as you can see here expected earnings will be the st strongest quarter since the third quarter. q 2 number with a 54% jump q 2 would be the highest in more than a decade since the first quarter of 2010. as for the full year, 2021 expected earnings growth of 26% is the second strongest earnings growth since 2000. on a sector basis, more than half of the s&p will see sectors exceeding q1 levels. those six sectors are consumer staples and health care and utilities. two sectors are expecting negative in the first quarter and that is industrial and energy around the world, a mostly higher session in asia hong kong and australia jumped more tha

worldwide exchange" right here on cnbc ♪ i'm back in the new york groove ♪ >>> good morning, i am dominic chur brian sullivan. kicking off your wednesday morning with stock futures indicating some stability at the opening bell the s&p hit a record yesterday the dow joan industrial average implied higher by rough 18 points very modest move s&p up 5 points, nasdaq up by 24 at the opening bell. if these future moves hold into regular cash equities trading. remember, the s&p 500 and the nasdaq 500 coming off fresh record he's on yesterday's session. onthe sector tech side of things, you've got health care, consumer discretionary also coming up. yes, record-breaking sessions for all of those sectors as well the big play in 2021, the russell 1000 growth etf is up for nine sessions in a roy for the snfirst time since 2017. coming off a fresh all-time record of its own. aside from a wealth of fed speak ode, invers are bracing for the start of earnings season and the word from goldman sachs, jpmorgan chase, wells fargo all opening up their books before the opening bell today and expected to surge 76%

i am dominic chu from cnbc global headquarters.l street is set to open modestly higher today after stocks took a breather yesterday ending in the red. the dow and the s&p 500 pulling back from record highs while the nasdaq snapped a three-day winning streak. traders say investors may be digesting recent good economic news, determining how much of that is already priced into the market right now, and then weighing it against potential risks like higher inflation. in focus for investors today, reports on the trade deficit and consumer credit as well. >>> amazon's ceo jeff bezos says he supports a tax hike in the corporate taxes as part of the infrastructure plan. amazon, which has been widely criticized for paying little or no federal income tax did not endorse raising rates to a specific level, though. the president has proposed raising corporate taxes to 28% from currently 21% to help pay for the $2.3 trillion infrastructure plan. last week president biden said amazon was one of several fortune 500 companies that took advantage of

i am dominic chu from cnbc global head quarterses.l street a mixed morning after stocks rose yesterday. the s&p 500 closing at another record high, the dow and s&p are on track for a third straight positive week. the nasdaq though the outperformer yesterday up more than 1% as shares of big technology companies like amazon, netflix, apple, microsoft and alphabet all closed higher on the day. investors largely shrugging off a surprise jump in jobless claims last week. >>> in focus for investors and traders today a key report on producer prices. >>> impossible foods is preparing to go public with an offering that could reportedly value the maker of plant-based alternative meats at around $10 billion. it highlights growing demand for plant-based meat products from environmental and ethical concerns from consumers. impossible foods are sold at more than 20,000 locations. shares of plant-based products hit $7 billion overall last year, that's up 27% from 2019. >>> and sam adams from the beer lovers out there says get a shot and a free beer.

i am dominic chu.er this morning on the back of strong earnings reports last night after the closing bell. stocks did fall yesterday with the dow dropping more than 160 points. that move coming after fed chairman jerome powell said there are signs of froth in the market signaling the fed is committed to keeping interest rates at historic low levels. in focus for traders and investors today reports on unemployment and housing as well, but it's also the busiest day of the earnings season with corporate results coming in from comcast, of course the parent company of nbc universal, as well as caterpillar, mcdonald's, amazon and twitter just to name a few. >>> watch shares of apple today. profits there more than doubled in the company's most recent quarter. that's on continued strong demand for the iphone as people upgrade to 5g wireless technology and bought new ipads for working and learning. apple does say the global shortage of computer chips could hit sales this quarter primarily affecting the mac and

i am dominic chu from cnbc global headquarters. here are today's top business headlines.to open modestly higher this morning after a mixed session yesterday. the dow slipping about 60 points but the nasdaq and the s&p 500 closed at new record highs. in focus today, reports on home prices and consumer confidence, also earnings season kicks into high gear with results from google parent company alalphabe microsoft, starbucks, just a few coming up this afternoon. >>> watch shares of tesla today. the carmaker reports quarterly earnings and sales that beat wall street forecasts thanks to a ramp up in china but profits are being squeezed by supply chain issues and lower selling prices for its cars as it refreshes the older model s and model xs. ceo elon musk says tesla is facing insane difficulties with a range of parts, those are his words, as is tries to secure supplies in an auto industry hit by the computer chip shortages. >>> amazon is suspending the delivery service that people drop off groceries inside your garage to more than 5,000 cities nationwide. this is part of ama

i am dominic chu from cnbc global headquarters. here are your top business headlines for the day.l street is set to open lower this morning after stocks rallied yesterday and despite big earnings beat from amazon last night. the dow is rising 240 points and the s&p closed at a record high itself. the s&p is on pace for its best month since november. in focus for traders and investors today, reports on personal income and spending and consumer sentiment as well. also earnings from oil giants, chevron and exxonmobil. >>> amazon is announcing this year's prime day sale will be in june. the event was postponed last year from july to october due to the virus pandemic. amazon says it believes holding prime day in june will draw more attention from customers and for vendors. the company says it was concerned summer travel plans and the olympics could be factors that would have impacted a later date for prime this year so keep an eye on that sale and the ceo of hershey says people love their sweets and they're not just indulging at home during the pandemic. stay-at-home trends are continu

i'm dominic chu in for brian sullivan this morning.e's how stock futures are looking on this wednesday morning. you can see here, we're indicated just slightly here about 32 points higher for the dow jones implied. s&p up higher, 3 points and the nasdaq, 14 stable moves overnight stocks upping off a mostly lower session just yesterday the russell 2000 small cap, snapping a four-day winning streak, the s&p 500 snapping a three-day streak >>> in asia, hong kong finally open for trade after an extended holiday weekend in most asian markets, especially china, hang seng down 1% shanghai flat on the day, nikkei up 0.1% as well. let's spin that see what's happening in trading in europe the german dax is just about flat on the day. meanwhile, the ftse 100 up .75%. and mostly green in the early hours so far >>> some of today's top headlines, the uk is expanding its rollout as the moderna vaccine will be offered starting today. it's the third vaccine approved in the country and the approval comes about two weeksearlier than expected. concerns ov

let's go to dominic chu for more. >> out of that 100 some, 70 some are hitting record highs to give you an indication of where we are, just a stone's throw away from record highs in the s&p 500. still though take a look at the sampling mega cap, alphabet up and microsoft just about flat on the day and hit record highs in trading today and capital one still holding on to 2% gains stanley black & decker is weaker but a play on home improvement trade that stock hit a 52-week high today best performing stocks in the s&p 500 in 2021, check out l brands and gap both of these stocks here also hitting some decently high levels here. l 65% for gap stores and taking a look at some of the other parts of the market, watch shares of etsy down about 4%. after the online retailer platform gets a downgrade to the equivalent of a neutral at key bank capital markets thinking that the potential is waning a bit and still like the long term growth prospects a real pandemic play those shares off about 4%. back over to you. >> thank you. >>> now more than 228 million vaccine doses have been administered in th

rifrpds, supermodel petra them koefra, olympic swim ellen murphy -- that's a lot >> that's a list >> dominic chu the hat, please. >> i'm going to shuffle these cards right now. we're going to start with the number 10 spot first okay even though i've argued the editorial value of starting with one first. everybody has a fair shot at the top pick the number 10 pick first of all -- i'm going to fire through these. derek fisher, l.a. sparks pb. >> what does it mean he has the number 10 -- >> team inclusion. he's going to pick 10th in the draft. >> how many names are in the draft? >> 10. >> 10 total. so -- >> 10 players total. >> so how many stocks? there must be like -- >> there's a whole bunch there's 60 stocks in there >> okay. >> so number 10 is derek fisher. team inclusion is his team name. right there. number 9, andre iguodala andre's aces the basketball players number 8, josh richards of tiktok fame, animal capital. number 7 is going to be petra nemcova. petra for the planet, model and philanthropist >> nice. >> next up is going to be oz pearlman oz knows >> all right >> then we have jason fra

i am dominic chu here at cnbc global headquarters. here are today's top business headlines. wall street set to open modestly higher after a mixed session yesterday. the dow slipped 60 points and the nasdaq and s&p 500 closed at fresh record highs. in focus for traders and investors today reports on consumer confidence and home prices and earnings season kicks into high gear with results from google's parent company alphabet and microsoft, starbucks and computer chipmaker, amd to name a few. >>> we are keeping a close eye on tesla, reporting quarterly results that beat wall street forecasts thanks to a ramp-up production in china and san francisco demand for electric vehicles, evs worldwide. profits are squeezed by supply chain issues and lower selling prices for cars as it refreshes model s and xs. elon musk says tesla is facing insane difficulties with a whole range of parts, those are his words as it tries to secure supplies in an auto industry hit by computer chip shortages. >>> amazon is expand willing the service that lets delivery people drop off groceries inside your

, we own them we don't own apple anymore we should have kept it i think they're all fine >> our dominic chue on what's, well, relatively cheap in tech. >> oernds. there's always a trade to be made relative winners, relative losers, what's cheap, what's expensive. take a look in technology because we look at technology and communication services, two of the bigger sectors in the s&p 500, within that particular realm, cloud computing, internet-related stocks and semiconductors have stood out over the last year 65%, 68% and almost a double for the semiconductor on a one-year basis. each of these three over the course of the last few weeks has pulled back from the highs we've seen each of these are sitting around their 50-day average price again, just at or below the pullback may be some relative weakness on an otherwise strong trade. take a look at some of the individual names that have been outperformers, within technology and communication services look at the big names. ibm, oracle and nvidia each stock is trading roughly 9 to 14% above their 50-day average price. that's a trend indicator f

. >> i am dominic chu here at cnbc global headquarters. stocks are poised for a mixed open this morning ahead of what's supposed to be an intense week of corporate catalysts and market catalysts. the dow indicated to open slightly high and the nasdaq is looking to open to the downside. investors are due for a busy week with a federal reserve meeting on interest rates on the slate as well as a slew of quarterly earnings reports from apple, microsoft, amazon and google parent company alphabet to name a few. >>> at auto industry is feeling the impact of the global computer chip shortage. volkswagen is expecting a big hit. the head of the carmaker's spanish unit telling the ft top managers have been warned to brace for a bigger hit in the second quarter than the first because of that big semiconductor shortage. >>> and it was a big weekend for elon musk, the tesla and spacex ceo and pounder will host "saturday night live" for the first time may 8th, the announcement coming on the same day the "drag conendeavor" successfully docked at the space

i'm dominic chu with a check on your market movers the pre-market earnings a huge catalyst so far.arket trade right now better than expected results driven in part by an increase in the number of wireless subscribers and broadband subscribers as well. so those shares up in the pre-market trade and then we're going to look at shares of caterpillar which are up as well the construction and material giant is up about 2.5% right now, it posts better than expected profits and sales as well driven by end user demand for all of its construction equipment, especially demand from asia. it also did say that the computer chip shortage around the world could make it so that it won't meet end user demand in the full year for 2021 and those shares up, by the way a dow component and i know you talked about this, apple shares are higher, the biggest member of the s&p 500, a member of the dow jones industrial average, up nearly 3% right now, surely a market mover, it will affect all of the indexes so keep an eye on those apple share, joe, andrew, back to you. >> thank you, dom, very much guys, what

cnbc's dominic chu joins us now with more.a lie. >> yeah. i mean, a lot of america right now is looking to see whether these influential corporations will do anything in response to these new law necessary georgia on voting restrictions so you have these statements coming in from top ceos. they've started to pour in at this point you have james quincy, interviewed by cnbc yesterday saying the beverage giant has always opposed legislation in georgia that restricts voter access and that the current law signed by governor kemp is wrong. those are his words, wrong a if el low atlanta-based u.p.s. saying it's actively engaged with political leaders on both sides of the aisle to advocate for more equitable access for voting and it stands ready to help every georgia voter get the ability to vote. but it's perhaps the statement from atlanta-based delta ceo ed bastion that struck na nerve in that memo to employees, he was saying that bill was not only unacceptable, but it doesn't match the values of delta air lines. adding that he is g

i'm dominic chu. losses behind me, the lows of the day down one-half of one percent.ol off for this energy sector pulled back since march. lower on the day in the sector, devin energy, diamondback energy, you get the picture. today mark as significant anniversary. one year since the world watch oil futures contract go negative in price during early stages of the covid pandemic after being at minus $37 -- minus $37 per barrel keep an eye on oil prices. morgan, back to you. >> what a difference a year makes. dom chu, thank you. >>> and cnbc is a partner in this and here's dallas mavericks owner mark cuban. >> best financial advice i ever got, number one, don't use credit cards number two, spend less than a make number three, invest in understanding finance. if you don't understand finance, it's awful hard to know what you're doing. good luck, everybody. did you know that petco, is now a health and wellness company? their groomers work wonders for my confidence. i trust their vets, and i'm known to have trust issues. they deliver high quality food the same day. i was out

i'm dominic chu. the s&p hitting record levels.ergy sector on the heels of higher oil prices the gains being driven by more bullish inventory data after the u.s. energy department reported weekly crude stockpiles fell by 5.9 million barrels, a bigger draw than expected of the individual stocks gaining, ox accidental help from an upgrade from mkm partners i will send it back to you folks on "squawk on the street." >> all right we are awaiting the first trade for coinbase, ticker coin. here's a look at jay heller, ipo excuse at nasdaq normally pre-covid we would with be checking in with him for indications on big listing days like this. we will watch that closely dow and s&p record high. - [announcer] if you've tried college but never finished, snhu let's you transfer up to 90 credits toward your bachelor's degree. - [woman] it doesn't matter how old you are, you can do it. you can finish. - [announcer] finish your degree at snhu.edu. >>> welcome back as we await the first trades in coinbase as a public company, getting a check, the

i'm dominic chu.ness in materials and health care sector you see here health care worst performing so far today. within that health care trade specifically keeping a close eye on the worst performing stock in the group today. despite expecting quarterly results and boosting full year gui guidance drugmaker eli lilly falling lower. driving a lot of the health care trade. back to you folks at "squawk on the street." >> okay. tomorrow morning got a lot of big interviews on "squawk on the street" and earnings sti to ll follow here as well. stay with us. you need a financial plan that can help grow and protect your money. an annuity can help cover essential expenses in retirement. have the right financial professional show you how... this is what an annuity can do. that building you're trying to sell, professional show you how... - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you can close with more certainty. and twice as fast. if i could, i'd ten-x

i'm dominic chu. stocks mixed s&did not refresh the record at opening bell.mer down. stocks dragging in that group. airlines american, alaska also airlines, delta among the worst performers while the johnson & johnson vaccine news this morning had a relatively muted impact on markets overall. the travel stocks like these investors trying to digest what might happen as more concerns run into covid-19. over to you. >>> and cnbc committed to sharing messages from business leaders and thoughts, and here's former dallas fed president richard fischer. >> the more educated you are in school, the more you learn the basics, not only of finance and the simple things about finance but also mathematics these are the well-known paths to success in our system those that master them or at least understand them do well in the united states. in our capital system, and it will always be that way. when traders tell us how to make thinkorswim even better, we listen. like jack. he wanted a streamlined version he could access anywhere, no download necessary. and kim. she wanted to

. >>> welcome back to "squawk on the street," i'm dominic chu, stocks are lower to start the day at thehe s&p 500. consumer discretionary is the worst performing sector and that's thanks in large part to tesla which you guys were discussing earlier on. outside of that move, we are seeing a notable decline in some smaller casino and sports betting players, like penn national gaming, caesar's entertainment as well. and a few apparel names like tapestry, under armour and nike, keep an eye on those many of these names have been rallying thanks to strong economic data signaling that rebound in sentiment and demand. those stimulus checks playing in the retail trade as well, david. i'll send things back over to you. >>> thank you, dom, april is financial literacy month, and we are exited to sharing messages from businesses and thought leaders about the importance of financial education. here's the nyc president, stacy cunningham. >> the american dream is not only about being able to start a business and earn a living, it's about sharing that success, too, it's a and part of that investors know

i'm dominic chu. s&p 500 up roughly one third of 1%. the communications services sector, a notable laggard thanks to the drop in netflix shares. on the other hand the material sector behind the year up 1.5% closing in on a fresh record high of its own. within that group special of the specialty chemical products are leading the way higher including linda group, liondell and dow ink. construction like martin marietta and paint coating supplier p p&g watch those shares helping to drive some of the real strength near record highs for the material sector. i'll send things back to you. >> after the break don't miss nasa's acting administrator ahead of friday's acspex launch. we're back in two minutes. what happens when we welcome change? we can make emergency medicine possible at 40,000 feet. instead of burning our past for power, we can harness the energy of the tiny electron. we can create new ways to connect. rethinking how we communicate to be more inclusive than ever. with app, cloud and anywhere work

i'm dominic chu. s&p 15 00 within striking distance of a fresh all-time record high redundancy there staples relative laggards from a sector perspective stocks extending year-to-date dominance up more than 20% start of 2021. within that financial sector in particular, seeing notable gains in credit card issues-type banks. discover financial a fresh record high of its own after upgraded to buy by analysts at bank of america. american express, capital one moving higher. good moves worth noting, capital one among the top gainers in the sector year-to-date already at 40-some percent. and strength in banks especially regional ones. heath corp., fifth third bank among others credit card issues banks and regional banks check those out back to you. >> thank you. >>> april, meantime, financial literacy month cnbc committed to sharinging about the importance of financial information. here is gary bennerchuck. >> i think we need to completely revamp the education system, and we have a macro system that forces ma

i'm dominic chu with your market minute one of the big themes over the course of the last several months some of the big megacap names. check out the first trust dow jones internet ticker. it has a lot of big type names we are seeing a tick up higher in the last few days watch those. a lot of big cap tech names were up in nasdaq trading despite the nasdaq closing down yesterday. also watch the transportation stocks it's been a big theme for the reopening trade post covid-19. airlines and a lot of those transportation type companies will be helping to lead the way. now the ishares dow jones transports is off. look at the trend over the year to date period the dow jones transportation index is now on pace for its tenth straight week of gains that's the longest weekly winning streak since 1989. also watch another key part of the market we've talked about the chip shortage out there semiconductor stocks are all decently higher in the pre-market trade so far and by the way, becky, the etf that attracts these, smh is now 2% away from the record highs a nice move higher and change in sentiment

i'm dominic chu. here's your market minute.h what's happening in the market in the last six months we've seen reversed and trends over the last six months the best performing stocks, in the s&p 500, a sharp reversal. it's been an underperformer. the s&p 500 goes up about 7% and the in stocks ace massive outperformer, over that span also playing out in that growth versus value trade these two etfs track that part of the market. the white line is a growth etf and the orange line is the value etf over the last month. you can see again, growth has again reasserted itself in terms of the big predominant theme as the market driver. also watch what's happening with bitcoin prices a huge tumble on some concerns about possible government regulation on the heels of turkey's move to ban cryptocurrencies last week watch those particular stock again, check out these names, these particular stocks, coinbase, micro strategy, square and riot blockchain, keep it right here on "squawk box. we'll be right back. wealth is your first big investment

i'm dominic chu here with your market minutes big banks a focus for many traders and investors.ier. a big beat by one of the banks market value a 60% rise a lot of that happening in the last six months or so. down 2/3 of 1% in the premarket trade. earnings better than expected. revenues better than expected. watch jpmorgan helping drive the earnings results. jpmorgan and goldman sachs, those results out in the last few minutes. better than expected earnings and profits driven by robust investment banking options goldman up nearly 2% still waiting on wells fargo with a coinbase anticipated ipo and bitcoin going towards record prices, we are checking on stocks that have bitcoin on their balance sheets they own the actual product. tesla up 3%. microstrategy up 6%. square up about 1.5% riot blockchain up 6%. >>> bed, bath and yoint. bitcoin surge. the co be inasipo and much more. we will be right back. our imag, but they can't be held back. they want to be set free. to make the world more responsible, and even more incredible. ideas start the future, just like that. re-entering data

i'm dominic chu with your market minute one of the key themes investors have been watching has been the we saw. let's put into context again what we've seen over the last month with regard to technology stocks up 9% again energy stocks down 5%. s&p in the middle. technology, a massive focus with a good amount of earnings reports coming up in the days and weeks that could power the trade. we'll see if technology can power the leadership role. biggest weighting in the s&p 500. one of the biggest etfs that tracks these companies is the first trust dow jones etf ticker, edn. there's been a consolidation phase playing out in this particular etf $226 a share that's one to watch. an area of support for this particular etf, 50-day average price if you will. one of the biggest weightings in this particular etf is netflix certainly a huge focus this morning for many investors because of the earnings report last night the subscriber growth number slowing down is giving some cause for concern leading to the 8% decline in the trade market watch roku and fubotv. going down in sympathy with that move

i'm dominic chu here with your "market minute." a few of the big things to watch this week.earnings, specifically with regard to the banks. the banks have been a massive outperformer in the market over the course of last six months. look at the financial sticker spdr has gained. up 17%, very respectable, but still, more than doubling in terms of performing for the financials big banks a huge focus there with the earnings reports slated take a look at the big names on the move first of all, uber shares up 2.25%, the company just reported the month of march saw the best booking, for the ride-hailing side of things since last year uber shares up on that and tesla gets upgraded to a rating, 1,071 is the price target there they think the multileak with progressions and the story, with multiple shares on the move right now, and bitcoin prices they did goal above 61,000 at one point in the last hours. the high was 61,192. so it was 61,192 depending on which metric you're looking at we're looking at coin metrics. watch the bitcoin prices, uber, tesla, and, of course, joe, all of the

i'm dominic chu with your market minute one of the things has been an outperformance on certain partsn talked about the s&p 500's best performing sector has been a real estate sector up almost 2% right now. health care sector also outperforming here energy sector underperformer and it has been that way for a few weeks. huge outperformer in energy starting to revert back to the mean on the health care front, one of the themes developing over the course of the last several months and exacerbated in the last month or so has been the idea that the reopening trade could be focusing on certain kind of medical and health care companies. intuitive surgical, big openings up 11% over the past week showing real strength some traders point to it as the possible reopening trade on this front as people go back to performing some of the surgeries and medical procedures they've put off during the virus pandemic these people could perhaps benefit. hospital operators, medical device makers and robotic surgery companies. one of the big moves we're watching is in premarket helped along by a couple of ana

box," i'm dominic chu.thin the markets in this first quarter of 2021 if you look at the s&p 500, the dow and nasdaq, the s&p 500 came within just touching distance of 4,000. right now the dow industrial is up 8% on a quarter year to date basis, the s&p up around 6% and the nasdaq lagging about 3% gains there for the nasdaq composite. with regard to the outperformers, it has been deeper cyclical economically sensitive value type trades that have outperformed so far energy is up nearly 30% as a sector the financial is up 15%, interest rate's a key part of that move. and some of the beaten up names outperforming so far in 2021 it's april fool's day but it's no joke if i told you that technology was one of the worst performing sectors so far in this young 2021, consumer staples only up 1% technology up a very modest 3% and utilities up 2% as well. and let's call your attention to four stocks in the pre-market on the move because of analyst actions, take a look at facebook getting positive commentary from analys

i am dominic chu with your market minute. 10,000 shares of volume. they're hosting better than expected profits on revenues that just fell shy of analyst consensus estimates. amex did say it's seeing uptick across travel and entertainment spending which is helping it feel more confident about the continued recovery in domestic consumer travel. off 3% in the pre-market trade shares of honeywell down 1.5%. they beat consensus estimates for both profits and revenues. results at honeywell's aerospace division did fall below expectations safety and productivity, building materials did do better and we'll end on an analyst call involving kraft heinz. the food processing giant not getting any help from analysts over at piper sandler which did downgrade it from neutral to overweight they cited among other things, the recent rally in the stock already and pressures from higher input costs, andrew three red ones in the pre-market this morning back over to you. >> thanks, dom >>> meantime, new this morning, jpmorgan apologizing for its

i'm dominic chu with your market minute earnings season momentum is picking up on the heels of reportsidland up 4%. 2,000 shares of volume this is the food processor that reported better profits and revenues helped along by strength in its agbonla service. shares of general electric are 3% lower the industrial conglomerate reported mixed results ge's power and aviation units posted results that came up short of some analyst's expectations >>> shares of u.p.s., up 70,000 shares of volume they reported much better than expected profits and revenues helped by what else these days, the massive demand surge for delivery services driven by the covid pandemic everyone starts ordering and keeps ordering goods for delivery these days. >>> keep it right here coming up on "squawk box," kyle bass joins joe, becky,andrew t talk about taxes and infrastructure "squawk box" will be right back. keep it right here keeping your oysters business growing has you swamped. you need to hire. i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a re

. >> cnbc's dominic chu, thank you very much.ll while the latest npr/marice poll shows it receives 56% support. joining us now, chairman of the dccc, congressman sean patrick maloney of new york. also with us, we have white house contributor sam stein and nbc news correspondent and host of "way too early" kasie hunt. kasie, in terms of the support for the plan, will there be republicans involved? >> well, it seems like there likely will be republican voters involved based on the numbers, but that's the strategy that the white house is using here. they're certainly, congressman, trying to at least demonstrate that they are reaching out to republicans in congress. i'd be interested to know if you think there are any republicans in the house who might be willing to go along with this. it seems like the answer we know in the senate is zero. so where does it stand on your side? >> well, let's find out. and i think you made a key point, which is that the president with ending the pandemic and growing the economy his priorities. with th

. >> all right, dominic chu, not mine, either.that reads, quote, it is with deep sorrow that her majesty, the queen, has announced the death of her beloved husband, his rile highness, the prince philip duke of edinburgh. prince philip passed away peacefully this morning at windsor castle at the age of 99. joining us now is correspondent richard engle and on the phone washington anchor for bbc's world news america. caddie, let's start with you. prince philip was many things. he married the future queen of england in 1947. over seven decades of public service well into his 90s. give us your thoughts this morning. >> he was somebody who was never going to be king because that's not what you became when you married a queen under the british system. but he was more than a husband. he was a consort, he was a part of her public service to the british public. and they had this incredibly long marriage. it started out he was somebody who would have been a brilliant naval officer. he graduated top of his class from the royal naval college.

time now for business before the bell with cnbc's dominic chu.ods and services out there. the labor department's latest report on prices paid by the consumer came in higher than expected. that cpi or consumer price index rose by 6/10 of a percent in march over what it was in february. prices are also 2.6% higher than they were at the same time last year. that's important because that's the biggest year-over-year rise in consumer prices since august of 2018. there's a caveat, though. the biggest contributor to the move higher in prices has to do with fuel costs because gasoline prices made up around half of that upside move in cpi. gas prices are, by the way, over 22% higher than they were in march of ls year. it's not just consumer goods seeing rises in prices, crypto currencies also hitting record highs. some would argue the timing couldn't with more perfect for coin base to go public. that crypto currency trading company will make its public market debut later on today. it's the first major crypto biz to do so in america. it's had not technical

chu, economics editor at the independent. tomorrow's front pages starting with. the sunday telegraph says downing street insiders are fearful of dominicleasing emails and memos from his time in government. the star on sunday says the former special adviser has gone nuclear. the mail on sunday carries counter—claims from downing street regarding mr cummings�* behaviour. the pm doesn't follow protocol by using an encrypted mobile phone, according to allegations in the sunday mirror. the observer says labour are aiming to grill a senior tory minister in parliament, over the growing sleaze crisis. it also has a striking image of those fires in county down. an exclusive for the sunday express, which says the government have made a new order of pfizerjabs to help avoid an autumn lockdown. so let's begin... and that story which has dominated the front pages of course for the last couple of days alleged sleaze in the tory ranks, and are going to start with the mail on sunday and bend. which is rather more sympathetic to number ten then some of the other papers, number ten rages that, and i quote from a nasty sexist cummings. as their said to