keep us posted jay timmons, national association of manufacturers. >>> let's get a quick check on the markets. 40 minutes left of trading the dow has taken a little jump here up 125, so is the s&p 500, up 0.50%. the nasdaq is in the lead, up a little more than 0.50% it's broad a lot of sectors are doing well. some of the best are tied to the economy like materials, consumer discretionary, industrials >>> we have a rare interview with the ceo of ralph lauren, moving higher on the back of the company's investor day new targets for the next few days we'll get his read on the luxury consumer here and abroad >>> check out shares of moderna. i mentioned sinking today. at the bottom of the s&p 500 now down 50% on the year a top analyst willoius jn to discuss what's behind that move. "closing bell" will be right back this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to...

. >> got to get the thing done, so says jay timmons back of the president was all too eager to change subject from the looming strike to electric cars. visiting the detroit auto show on wednesday. >> president biden: give you a ride to washington. it's an uber. i like it. >> he may like it, but a growing number of americans don't like the job his administration is doing with 52%, according to our latest survey, now saying the biden administration hasn't been so competent. look at that number. by the way, even with mr. biden in michigan, a pair of house democrats who are facing very tough re-elections in the upcoming midterms, they didn't even travel to their home state to be with him despite the fact that he was going to be in detroit on wednesday. we're talking about representatives of dan kildee and elissa slotkin packages that they did back in d.c. to take part in official duties. congress was in session because that's the story and they're sticking to it. >> todd: they're not even trying to make real excuses anymore. that has been like we didn't want to be seen with the president.

jay timmons is president and ceo of the national association of manufacturers.ts in this moment, what needs to happen to avoid potential disaster for the american economy, sir. >> well, it is going to be a potential disaster, there is still time to get this resolved but only a few days left. we are grateful the president appointed the presidential emergency board and those members have been working with both business and labor to get an agreement and they have, you know, they have a construct that's available that really frankly needs to be adopted. but if this goes south and we see a strike, it could be devastating for manufacturers, it could be devastating for consumers, and we just need to see this thing get done. >> john: jay, when we think of trains hauling freight, we think of coal, grain as you pointed out, also think of oil, a lot of it moving from canada down into the you state, the keystone xl pipeline did not get constructed and also a lot of consumer goods after coming into the ports and last year saw all the ships sitting out there on the ports tryi