hite and walked the special edition of you know faber. so they show on school stuff and i are serving up what we think are the best food scenes in cinema but in the movies food is not always food our menu is filled with drama and you see that you have all the conflicts that hashed out all over the dinner table some of our dishes are sweet and spicy others like revenge are best served cold and some are just kitchen chaos here our entrees and your wig. eating with a knife and fork can be tricky and sometimes lead to little mishaps. but luckily none of the other guests seemed to notice and the poultry started hare excess free states hidden at least at first but of course you should never ask the drunk waiter to clean up your mess. in the party a simple dinner turns into total mayhem food as a catalyst for what's to follow an excessive frenzy of slapstick. she's a prison dinner was always a big thing. we had a pasta course and then we had a meat or fish you know what when you think of prison you get to wait a minute ago or maybe dinner in pri

i'm cart quintanilla with david faber. futures up 100 points here, stocks on the longest win streak since november optimism on u.s./china trade, but negative preannouncements from constellation and sky works. fed minutes to play at the 2:00 p.m. eastern time. oil back above 51 today. our road map begins with the market and the rally optimistic tone out of china trade. negotiations as the boxing day bounceback continues >> and an important bellwether, apple's tim cook spoke to jim last night in a cnbc exclusive we're going to have what mr. cook had to say about the company's critics and the long-term future of apple. >> and more clues about earnings season constellation, lennar both out it was last week that am issued that revenue warning for the holiday quarter, citing weaker demand for its products in china. the worst one day performance in six years. but during jim's exclusive with tim cook yesterday, the apple ceo defended the company and spoke out about its critics. take a listen. >> you can probably find the same quot

constellation brands we had that david faber report about remember, that was not necessarily a buy ofs it was an options ex-ration. we have beer we have software we have fintech. we've got tech, and we've got particularly waste management issue. and i like it. ♪ hallelujah let's go to a caller i think we should start with jay in connecticut jay? >> caller: boo-yah, skee-daddy. >> boo-yah, jay. >> caller: am i diversified? i have boeing, walmart, intel, deere, and jj. it just so happens i like every one of these companies i've been doing a lot of work on deere, by the way, and it's really having a remarkable quarter. deere is one of the great machinery companies, okay. walmart at 96. i should pound the table at 86 when we had their .com on. remember that? and i really like that situation. boeing, we just had them on, the cash flow there is humongous bob swan entering an intel report and j&j reports on tuesday, and i think it will be good. maybe they'll tackle litigation in context drug, tech, aerospace, retail. hey, you know what ♪ hallelujah i love that portfolio. love it! hey, tom in

i'm david faber with sara eisen.e're live from the new york stock exchange jim cramer is out in san francisco. final day out there for him. carl is just out today some news to get to on gm, but first a quick look at futures. you see how we're set up for the open european markets a mixed bag everything in the red right now. and the ten-year note yield and crude oil, crude has been a real story of late. you can see there, below $52 a barrel we're getting some breaking news this morning out of general motors want to get right to that. phil lebeau just spoke to the ceo of the company, mary barra he is with us at post nine. >> they are raising the guidance for what they told us for 2018 general motors saying it will exceed its previous guidancguide as for 2018, it will exceed what was expected of between 580 and 620 a share. the consensus on the street, 628 a share. also expecting to exceed its free cash flow guidance of $4 billion. for next year, fairly upbeat guidance, general motors is expecting to earn between $6.50 a

>> i will be in a few >> i don't think faber has ever tasted so funny. >> spoon drop. >>> life is about timing and luck. in this video we're driving on a very windy road in the canary islands. as we come up around this corner, watch what happens. >> whoa. hey now. >> i thought that was a motorcycle for a second. that was just a car up on two wheels. >> that was a small truck that came around that turn way too fast and as you can see, the guardrail was not enough to stop its fall. the other side, a cliff about 1,000 feet down. >> there's no way that driver made it. >> remember how i said luck sometimes plays a role in your life? we have pictures of what that truck looked like after. >> oh my gosh, the tree! >> it was at just the right spot. >> in that moment, that truck happened to go over the guardrail at the exact right spot where a tree happened to be and it ended up wedged between the tree and the guardrail preventing it from going tumbling down. >> i mean, technically the guardrail did save it. just not in the way it was intended. >> and people are talking about how lucky this guy w

intel they looked around and according to david faber, there was somebody they were hounding hard who not want to take the job. who that is i guess we don't know i think it's really interesting because this gentleman certainly does fit in well just depends on who do you want directing your company would you rather have an engineer i like the way microsoft pivoted. they pivoted in the right direction in my opinion. it's why i expected to see intel pivot the same way. >> you want the cfo running the company? is that who you want running this company >> what i'm saying is my answer is no, but i can't say that he's not the right choice either, scott. let's be honest. there's a lot of different financial, a lot of mergers that go on. he obviously has a lot of these folks, engineers from different areas of intel that he can lean on and say, hey, does this make sense and we've got to financially make this make sense, as well i'm note not totally against it. there are companies that go with somebody with more of a lawyer background, some with a financial background, some with more of the engi

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange.trying to end the week on an upnote, but it is going to be close, we're watching intel, starbucks, western digital, dr horton and shutdown negotiations and roger stone's arrest and indictment we will not get durables or new home sales today due to the shutdown we begin with the shutdown rally, growing optimism about a possible end to the d.c. impasse, helping boost stocks. futures point to a higher open, but an onslaught of earnings still on deck. >> speaking of earnings, intel plunging, starbucks jumping. predicting slower growth in china demand both ceos join us this morning. >> the banks on notice ceos from some of the biggest u.s. banks expected to testify before the house financial services committee in march. their first such appearance since the crisis first up, we begin with two big earnings stories, intel down, the dow component issuing weaker than expected guidance for the current quarter and posting a revenue miss for q4 saying a slowdown in china resulted in sluggish demand

i'm carl keequintnilla with dav faber.ave exclusives with the ceos of bristol-myers, celgene, glaxo this morning good news flow on m&a and china trade today. prices soft in europe and oil is near 49. road map begins with the rally pause. futures pointing to a relatively muted open as the street waits for developments from renewed china trade talks in beijing >> eli lilly announcing it will play loxo oncology the price, $8 billion in cash. that's $235 a share. shares of loxo surging ahead of the open. >> inside the blockbuster biotech deal, jim will sit down with the ceos of bristol-myers squibb and celgene later this hour no surprise the squawk guys were talking about that game last night because as you said, what a win, and is it destiny what's going to happen >> i don't know. first we have to acknowledge that one of the eagles did touch it it is not like cody parkay should feel totally bad. great game last night. great coverage by our network. it is the kind of thing we see out here here we go i remember when we cut cody

i am here with morgan brennan and david faber.we begin this morning with retail shares of macy's getting crushed after reporting weak holiday sales results, slashing its outlook. other big retail names like target and kohl's feeling the pain courtney reagan is back at headquarters with more courtney >> reporter: hey, jon. i'm actually standing in indianapolis here, but you're right, that disappointing sales result from macy's is dragging down the entire retail sector. for the holiday season which

i'm carl quintanilla here with sara eisen and david faber at post nine at the new york stock exchangews on homes. >> reporter: this is actually november read because we're playing catchup with the data points, and it will continue well, we're expecting a number around 570,000 for our november read on new home sales hey, finally in housing we get a surprise to the upside 657,000 seasonally adjusted annualized units that is nice, and if you look at it the in percentage terms, that's almost a 17% jump from an unrevised 544,000. now the last time we had a number this big, i have to go all the way back to march when it was 672,000, so a big positive number for new home sales, but the problem, it's a november number. what's happened between then and now we'll be sure to find out as we play more numbers catchup sara, back to you. >> yeah, it's going to be a little messy for a while rick, thank you. rick santelli on housing it's the busiest day of earnings season the ceos of ups, modelez and diageo are all with us don't miss their takes on trade, the consumer, the economy and, of course, thei

i'm cart quintanilla with david faber at the new york stock exchange cramer is at the conference oncegain in san francisco futures up better than 200, adding gains for the week. a lot to watch samsung warns on q 4 sears expected to liquidate. ces in las vegas and the president addresses the nation tonight about a border wall. oil holding on to 49 we begin with the china trade trade. the president says talks with china going well, and investors cautiously optimistic that negotiators are moving forward on a trade deal. >> plus, stocks are looking to extend the rally we have seen so far this year. futures are pointing to a sharply higher open. you saw shares of tech giants such as facebook, amazon, anybody seeing how much netflix is up this year, all trading higher before the bell. >> and shuttering sears afte 126 years, the once iconic american retail brand apparently now on a path to liquidation stocks are on track for a strong open, a day after the dow and the s&p 500 posted their fourth positive session in five futures rising on hopes for progress between the u.s. and china as trade

. >>> we want to get to david faber. mr. faber has details. david? >> yeah. interesting.kruptcy. but this is the result of a law that was passed in california in september which was done to help pg&e as part of that legislation, they have to give 15-day notice. they had done that telling us on september 29th, the company does intend to file for bankruptcy under chapter 11 of the bankruptcy code. it indicates it's really the only way it can deal with so many of the different factors and challenges it finds coming at it. whether it's the $30 billion-plus it sees from the 2017 and 2018 fires. whether it is the need to spend billions more to try to protect the grid in a better way from future fires and whether it is simply to continue to have power and gas available to its 16 million customers. and so pg&e this morning, a long ak worth a read if you have any interest in this situation it indicates the many reasons why it has chosen to follow this path there are still those who are going to believe that this is some sort of a bluff to get the legislature to do something to sav

munford faber one of the men hoping to become the next e.u. commission president he hopes today's vote will clarify britain's position. because nobody can predict for the moment the outcome of the of the votes but i welcome the votes that we can have a chance to get clarity about the ideas of the parliament again i think it's a historic moment for the for the country to get the coming understanding among the party political families to get a common understanding about the long term relationship towards european friends we are still friends we want to work together but we need a clear idea of what's to achieve now there are also mixed signals out of brussels leaders say this you can go to says that this deal can't be reopened others are saying let's talk so how much room for maneuver is this still to make any kind of concessions towards london there is no room of maneuver for the legally binding treaty it is on the table so the commission will bernie has a full support of the european parliament on this if somebody has an idea to reopen this tr

i'm david faber with jim cramer. we're live from the new york stock exchange carl is on assignment this morning. futures as we get ready to start the trading for this week. you can see we are looking at a down open, at least so far european markets, mixed bag. europe also in the red as you can see right there. still open, of course. right now spain is the worst performer thus far during the course of the day. ten-year note yield hanging in there, 2.73% is where i saw it 2.755% and wti hanging above, well above $52 a barrel to our road map this morning it does start with the busiest week of earnings season. china trade talks resuming fed rate decision middle of the week and january jobs report end of the week but futures, as you saw there, pointing to a sharply lower open, as investors are getting ready for a lot of news yet to come as for that news, well, we got some involving caterpillar tariffs seem it have hit the industrial bellwether. increase in steel prices as it reports a big earnings miss. and perhaps even m

i'm carl quintanilla with sara eisen and david faber.down 124 on pretty weak breadth. tons of headlines, whether it's the shutdown or the onslaught on its way of q4 corporate earnings. >> that's where we're going to begin this morning with the markets. welcome to earnings season, and it's welcoming with a selloff. coming off of a strong week of gains. here with us at post-9 is executive vice president at pimco and and the head of the wells fargo investment institute who just lowered their 2019 estimates, paul. is it because all these companies are coming out and giving mixed signals on guidance >> we're look being at the macro picture and seeing growth a little bit slower than we thought it might be, and there's probably some feedback loop negative from all the bad sentiment in december in feeding through into consumer sentiment, business sentiment you may see that reflected in these earnings reports and as far as future orforward guidance from these companies, and, yeah, that's why we took our numbers down. >> interestingly, paul, finan

president reiterating again, is there to declare the national emergency that if the deal is not reached by faber

tomorrow "squawk on the street" is next ♪ >>> good morning, welcome to "squawk on the street," i am david faberlong with sara eisen. carl and jim is both off this morning. let's take a look at the futures as we get ready to start the new year i don't know where we left it some way last week >> yes, it was behind us >> there seems to be a good amount of volatility last week and we are continuing this week. futures is set up for a much lower open european markets they already have been down this morning. it starts in china with that purchasing manager index coming in at a number that we have not seen, a little 2017, i guess the ten-yr note yield, whoa, 2.6. >> 11 month lows >> as you saw futures pointing to a sharp drop at the open after the disappointing data from china fuelling concerns of global growth. >> not to mention government shut down in this country, president trump inviting congressional leaders to the white house for their first meeting since december 22nd. >>> plus, the faang trade, remember that? it was a disaster for those high flying stocks. what's going to happen this year it is

with me, morgan brennan and david faber.aking a look at the markets, the dow is down triple digits. stocks on pace for the third straight positive week, first time since august last year. this as tech feels pressure with most of the faang names down netflix bucking the trend, up more than 20% to start the year, up 4% today. a different story for apple. the company plans to launch three iphones in 2019, not a surprise, they did that in 2018, despite chinese retailers slashing prices there where phones tend to sell for more consumers saying the phones aren't worth the cost. a lot of market headlines to digest bring in larry haggerty, managing partner at ljh investments advisers, and bruce b bittles. good morning happy friday larry, we're starting to get into the back half of january, earnings eason whether you're looking at the read on some retailers which yesterday didn't look so hot, particularly at macy's, even names like apple which looked strong heading into q4 have tailedoff, what are you expecting? >> i think, jon, with

i'm david faber with jim cramer.e are live from the new york stock exchange carl has -- well, he doesn't have the day off he's on assignment >> on assignment stay focused. >> from the new york stock exchange, 30 minutes from now, you can see where we're headed for what appears to be a slightly higher open european markets, last time i looked up, i think, yes, there they are nicely look at that dax not the best performer of the group. you can see the ftse doing quite well a look at the 10-year note yield and crude oil as well. the november s&p case-shiller report is out showing a 5.2% gain in home prices. >> we don't want that, actually. >> why don't we want that? >> we don't want the fed to see that housing prices are going up, then they feel that the war on inflation must continue to be waged. >> got it. got it all right. let's get to our road map this morning. it does start with the earnings bonanza. 13 dow components reporting this week 3m, pfizer, verizon, all beating this morning, although going to want to wait

i'm carl quintanilla with jim cramer and david faber a wave of earnings from utx, procter.y'll above the the dow by 125 points at the open got some mild gains in europe. bank of japan holds steady the ten-year around 277. snapback rally on the back of some strong corporate results as we said, united technologies, p&g, ibm, comcast, sharply higher open. >> and shutdown, day 33. and the sign of some progress in washington senate set to vote on competing plans to reopen the government it is the chamber's first such vote since before christmas. >> and the streaming wars go mainstream viacom buying the ad supported streamer pluto tv. $340 million we're going to talk to ceo bob bakhash later on this hour stocks set for a strong open after the sell-off which snapped a four-day win streak. dow components, ibm, p&g and utx posting better than expected quarterly results. comcast meeting the street with a 10% div hike 1.2 million xfinity mobile subs, big strength in broadband over there. >> broadband ads are where people watch they continue to watch video sub declines, which were not

nasdaq slightly low viacom jumping into the streaming wars, buying pluto tv for $340 million david faberith viacom ceo bob bakich earlier. >> ooirm on the big screen i like that. >> i'm pleased to say you didn't pull any odd faces or anything like that. >> no, i didn't. i was focused on my papers in front of me, trying to make sense of this, as many investors are. it's not a big dollar amount, $340 million, but viacom is making a big deal of the deal itself it's trying to communicate to investors the plans it's trying to make as it navigates the distribution models we all know is taking place in the content business also, of course, the questions about the relevance of viacom's content in this rapidly changing ecosystem led by, of course, netflix, but to soon include the likes of offerings from disney, at&t, time warner, in addition to so many others like amazon and hulu who are already out there. pluto plays in the advertising supporter free streaming space i guess they're calling it avad now. i hadn't heard of that acronym until bakich talked about it with us. >> we're zigging as every

. ♪ >>> good morning welcome to "squawk on the street," i'm david faber with jim cramer we're live fromhe new york stock exchange carl quintanilla has the morning off. jerome powell, janet yellen and ben bernanke, that's a powerhouse fed panel we'll have live coverage of that starting in about an hour, hour and 15 minutes or so let's look at futures as we start with trading at the nyse in 30 minutes. we're looking for a higher open. european markets are in the green. at least they were the last time i checked. let's see how they are now yes. a very significant rally there germany's dax what a bad year last year. >> oh. >> up almost 2% now. you can see a follow through in france and the uk. ten-year note yield, 2.62. there you go wti, above 48. let's get to our road map. it does start with that surge in jobs, employers adding 312,000 jobs with rising wages that to close out last year. stock futures off the highs, but still pointing to a strong rally at the open. >>> the fed fear factor. investors are awaiting new hints on rate policy from jerome powell that's going to be in the next hour

"squawk alley" is live ♪ >>> good tuesday morning with me, morgan brennan, david faber.arl is on assignment. markets are turning around in a negative way the dow was up earlier. s&p down nearly a half percent and nasdaq down 1% even. >>> turning to tech earnings, major names on deck with apple today, amazon, facebook, microsoft set to report. twitter, snap, alphabet are next week our next guest saying some social names should expect revenue decel. with us now for more, mike and mike michael nathanson, and senior markets commentator mike santoli. good morning, guys michael nathanson, first, what to look out for with advertising driven names we have been talking so much about china, but these names have little china exposure is it all up side or are there potential points of concern? >> i think this is a proxy for global growth ex-china europe is a big component of digital advertising. the uk is a big component. what i am worrying about is slow down in uk retail sales that filters down to online advertising. germany, italy, france what i am picking up is that outside the u

i am here with morgan brennan and david faber.arl has the morning off we begin this morning with retail shares of macy's getting crushed after reporting weak holiday sales results, slashing its outlook. other big retail names like target and kohl's feeling the pain courtney reagan is back at headquarters with more courtney >> reporter: hey, jon. i'm actually standing in indianapolis here, but you're right, that disappointing sales result from macy's is dragging down the entire retail sector. for the holiday season which macy's defines as november and december, sales through 1.1%, double digit growth line but the ceo says while sales are stronger on black friday weekend, they did weaken mid december and didn't return to expected patterns until the week of christmas as a result, the department store is lowering the full year forecast for earnings, sales and margin macy's reported four straight quarters of same store sales growth investors wonder if that trend is at risk shares down more than 18% today. this could be on pace for the

i'm david faber with jim cramer. we are live from the new york stock exchange carl continues to be on assignment i think he's coming back tomorrow take a look at futures this morning as we start you out. you can see we are looking for a higher open this morning and as we always do, let's look at the european markets, see how they have been faring. the last i looked, the dax had been down and still is you can see a mixed picture with germany's dax, of course, one of the losers italy, ftse in france all up ten-year note yield, fed meeting today, press conference i believe. a look at oil. of course, contained inflation picture, one of the keys there let's get to our road map this morning, so many different things to get to including earnings and what appears to be that rally at least at the open. devel investors awaiting patience tea leaves from the fed. futures are pointing to a higher open got boeing numbers helping the dow, apple is also up as well. okay trade talks also resuming in washington that marks the highest

contessa brewer and brian sullivan and kenny, a managing principal at butcher squoez ef first up, david faber reporting that pg&e is facing $30 billion in liability for the devastating california fires in 2017 and 2018 and that does not even incloud any penalties or fines the company may face what opgs does the company have now? >> all right, so we know that they are considering bankruptcy. that news came out over the weekend. they could issue bonds and have customers help pay for they will that would require the government to go in and move some room for that to happen we know that they could write that pg and eric there's been some talk about whether they could sell off their gas unit and finally, could the commission go in and take it over as has been discussed. doesn't seem attractive. and time consume iing as well. but nup of these options are in the free and clear and it doesn't remove at all this question of is it a serial offender you have running a public utility in california >> they tried to blame climate change and global warming. >> got to get to know the term inverse condemnatio

president reiterating again, is there to declare the national emergency that if the deal is not reached by faber 15 for awol or barrier wall. this amid criticism for some of his supporters. that he caved 10 democrats by agreeing to temporarily reopen the government. mr. mulvaney says that is not the case. >> he did because many democrats have come to us. some privately and many spoke up publicly that they are actually starting to agree with him on the necessity for a barrier on the southern border. eric: the question now with democrats agreed to pay for the steel fence? we have coverage with ellison barber on the lawn at the white house.reporter: white house thanks some democrats will agree to fund it for the president's proposed border wall. even as democratic leadership continues that they've been clear on the wall and their party is against it. the legislation, the president signed on friday, does not include funding for new construction before the wall that the president said it was absolutely necessary to be applicable. some say he conceded to the demands of democrats. the white house, they

with me, morgan brennan and david faber. carl quintanilla is off.begin with tech stocks mostly in the red again amidst another market sell-off to start 2019, although we're well off the lows major averages were flirting with their worst first day of trading in a new year since 1983 but they have recovered a bit. the nasdaq's four-day win streak still in jeopardy, hovering just above what some call bear market territory, 20% off the recent highs. tech is today's worst performer so far so with faang stocks a mixed bag, which names in tech should investors be looking to for value as we kick off the new year and is today's action a buying opportunity to take advantage of anthony and dick are both with us now good morning, guys, happy new year. >> good morning. >> happy new year. >> happy new year. >> anthony, i want to start off and just talk about apple in particular that's a stock, and i want to kind of -- >> i actually don't cover apple, i just want to mention that. >> i know you don't because i don't want to dig in specifically to apple, but i want

announced they're taking a position in ceasar's what are your thoughts is it the best >> my partner david faber talked about the carl icahn think carl icahn being involved does matter to me i thought ceasar is a reasonable speculation for the reasons you just outlined. and thank you for the call steve in nevada, steve >> caller: hey, jim. thanks for taking my call. >> quite welcome >> caller: my question is about red hat stock, but first, i want to quickly thank you for taking on the fed it's cramer, 2, fed, 0 >> thank you fed has a lot of friends that make me try to look bad all the time, but bring it on. go ahead >> caller: you do a great job with it. you ought to be on the board of governors. >> thank you i wish i were. >> caller: so my question is, with the acquisition by ibm that $190 a share, i have noticed red hat stock is continuing to languish in their mid to low, below to mid 170s. >> right >> caller: is there -- is this kind of a slam dunk where it would be a good idea to buy more red hat stock or options in anticipation of the stock getting to that place? >> no, steve what we're goi

i'm carl quintanilla with sara eisen and david faber at the new york stock exchange.hrugging off some early weakness brought on by morgan stanley and csx. bringing the losses close to zero on the s&p and on the dow as we go for eight wins in the past ten sessions. >> our road map for the hour starts with wall street. weighing a miss for morgan stinstin stanley. new concerns about the chinese market. >> netflix reports after the bell shares up 50% since the end of december will that momentum continue? >> and remembering an investing legend, jack bogle who passes away at the age of 89. we'll have a look at his life, legacy and how he changed the way americans invest and save. >> stocks cutting their losses obviously dow is down 34 and s&p trying to flirt with the green here investors weighing concerns about geopolitics, china and the conditioned flow of corporate earnings is the bull market back. joining us today northwestern mutual chief officers and luskin strategist david rosenberg good morning guys. good to sigh both. >> good morning. >> david, let me start with you

i'm sara eisen with david faber and contessa brewer live at post 9.ts didn't like that number. dow moving lower, 364. just a moment ago it was down 400. s&p 500 down 35 points, 1.4% sharp declines on the nasdaq as well, no surprise given apple's stumble down almost 2% for the broader index. a ton of news to get to today including apple shares which are under pressure after stunning wall street by slashing guidance on big concerns out of china ceo tim cook sitting down exclusively with cnbc. we will bring that to you. stocks tumbling on the heels of the big apple news plus a new congress convenes today in washington and we'll begin by dealing with the government shutdown and a massive pharma deal. bristol-myers buying celgene we have full coverage and analysis for you of these big stories moving the markets. >>> we begin with apple, of course tim cook speaking exclusively to our own josh lipton after the company cut its revenue guidance for the first quarter. josh lipton joins us now with more josh, you got a wide-ranging interview out of the ceo of ap

david faber in new york at 30 rock. >>> delta getting a downgrade ahead of the earnings report tomorrowll have the details and the stock move next. [leaf blower] you should be mad at leaf blowers. [beep] you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. but you're not mad, because you have e*trade which isn't complicated. their tools make trading quicker and simpler. so you can take on the markets with confidence. don't get mad. get e*trade and start trading today. don't get mad. introducing the all new lexus es. every curve, every innovation every feeling. a product of mastery. lease the 2019 es 350 for $399/mo. for 36 months. experience amazing at your lexus dealer. i am a techie dad.n. i believe the best technology should feel effortless. like magic. at comcast, it's my job to develop, apps and tools that simplify your experience. my name is mike, i'm in product development at comcast. we're working to make things simple, easy and awesome. >>> welcome back to the "closing bell." time for market movers delta

i'm carl quintanilla with morgan brennan and david faber. sara eisen is in davos, switzerland.worst gain in a couple of weeks, january 3rd or so. a full percentage decline in the russell and the ndx. >> our road map today starts with stocks falling. investors fearing weak data out of china and the imf renewing its warning of a global economic slowdown imf managing director christine lagarde joins sara from davos. >>> johnson & johnson with strong results we'll talk to the company's cfo. >> plus, shares of ebay up substantially this morning elliott management announcing a large stake in the company, pushing them to do significant things to create value we'll give you the details >>> markets opening lower as the imf cuts its global growth forecast for the year sparking new concerns for investors recession fears taking center stage at davos take a listen. >> there's a significant risk of a re -- a recession, is it minus 1? is it plus 1 let's not get technical about that too much. there's a high likelihood of a significant slowing in 2020. >> we'll probably grow this year somewhere

i'm carl quintanilla with sara eisen and david faber at the new york stock exchange. the stocks, at least for the dow and s&p as results out of the banks and airlines are pretty good both indices trying to climb out of correction territory, and now we're getting housing sentiment. for that we'll go to diana olick. diana? >> reporter: home builder sentiment turned around rising 58 on the national association of monthly business home index the recent drop in mortgage rates, sentiments had fallen sharply to the end of last year to the lowest level in over two years. anything above 50 is considered positive and a year ago we were 72 still much lower the index's three components, sale expectations increased three points to 64 and buyer traffic rose one point to 44 that last one is still in negative territory regionally on a three-month average sentiments fell five points in the west, down three minutes in the which had west and south and that was the northeast down five points housing starts and building permits will not be released tomorrow due to the partial government s

i'm carl quintanilla with jim cramer, david faber.n a tight range as the first big day of earnings has mixed results, misses from jpmorgan and wells solid numbers out of unh and delta. day 25 of the shutdown europe is mixed. parliament votes on brexit tonight local time and empire and ppi both miss more fed speak on the way as well we begin with bank stocks falling in the premarket jpmorgan does miss expectations for the first time in 15 quarters >> holding pattern for stocks. futures pointing to a mixed open as investors monitor the fate of brexit, the washington stalemate, of course, china trade talks, and, well, don't forget growing global slowdown worries. >> and delta's d.c. hit. the airline ceo telling us the government shutdown is costing the company about $25 million this month alone we're going to begin with quarterly results from two of the nation's largest banks jpmorgan chase with an earnings miss, revenue in line for the fourth quarter then jamie dimon called it challenging. wells posted a beat on the bottom line, but rev

i'm cart quintanilla with david faber. longest win streak since november optimism on u.s./china trade, but negative preannouncements from constellation and sky works. fed minutes to play at the 2:00 p.m. eastern time. oil back above 51 today. our road map begins with the market and the rally optimistic tone out of china trade. negotiations as the boxing day

. ♪ >>> good morning welcome to "squawk on the street," i'm david faber with jim cramer we're live fromthe morning off. jerome powell, janet yellen and ben bernanke, that's a powerhouse fed panel we'll have live coverage of that starting in about an hour, hour and 15 minutes or so let's look at futures as we start with trading at the nyse in 30 minutes. we're looking for a higher open. european markets are in th

tomorrow "squawk on the street" is next ♪ >>> good morning, welcome to "squawk on the street," i am david faberg. let's take a look at the futures as we get ready to start the new year i don't know where we left it some way last week >> yes, it was behind us >> there seems to be a good amount of volatility last week

i'm david faber with jim cramer.s coming back tomorrow take a look at futures this morning as we start you out. you can see we are looking for a higher open this morning and as we always do, let's look at the european markets, see how they have been faring. the last i

i'm cart quintanilla with david faber at the new york stock exchange cramer is at the conference oncelot to watch samsung warns on q 4 sears expected to liquidate. ces in las vegas and the president addresses the nation tonight about a border wall. oil holding on to 49 we begin with the china trade trade.

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange.el, starbucks, western digital, dr horton and shutdown negotiations and roger stone's arrest and indictment we will not get durablesr

i'm carl quintanilla with david faber, sara eisen and cramer is off today.ek of gains. the longest stretch since august for the dow. netflix and amex big stories tesla cutting jobs, day 28 of the shutdown green arrows in asia overnight industrial production in just about 15 minutes we

i'm david faber with jim cramer.r this week. you can see we are looking at a down open, at least so far european markets, mixed bag. europe also in the red as you can see right there. still open, of course. right now spain is the worst performer thus far during the course of the day.

i'm david faber with jim cramer. exchange carl has -- well, he doesn't have the day off he's on assignment >> on assignment stay focused. >> from the new york stock exchange, 30 minutes from now, you can see where we're headed for what appears to be a slightly

i'm carl keequintnilla with dav faber.gene, glaxo this morning good news flow on m&a and china trade today. prices soft in europe and oil is near 49. road map begins with the rally pause. futures pointing to a relatively muted open as the street waits for developments fro

i'm carl quintanilla with jim cramer and david faber a wave of earnings from utx, procter. in europe. bank of japan holds steady the ten-year around 277.

i'm david faber with sara eisen.ut there for him. carl is just out today some news to get to on gm, but first a quick look at futures. you see how we're set up for the open roan

i'm carl quintanilla with jim cramer, david faber.gs has mixed results, misses from jpmorgan and wells solid numbers out of unh and delta. day 25 of the shutdown europe is mixed. parliament votes on brexit tonight local time and empire and ppi both miss more fed speak on the way as well we begin with bank stocks falling in the premarket

i'm carl quintanilla with david faber, sara eisen and cramer is off today.utures up more than 100, looking for a fourth day and a fourth straight week of gains. the longest stretch since august for the dow. netflix and amex big stories tesla cutting jobs, day 28 of the shutdown green arrows in asia overnight industrial production in just about 15 minutes we begin with china trade confusion and optimism stocks set to open higher as there are reports that the white house could reduce tariffs on china. >> no choice, but layoffs. tesla's ceo telling employees the company will trim its workforce by about 7% and improve manufacturing to stay competitive. >> netflix on a tear subs on the rise up 34% from last year. slower revenue growth sending shares lower premarket >> stocks are set to open higher on track for a fourth straight week of gains as we said, a day after the dow closed out a so o so-called correction territory the journal reported as you know that mnuchin discussed lifting tariffs on chinese goods to speed up the trade talks but treasury is denying tha