i am joe kernen along with michelle caruso-cabrera and scott wapner.sly both off today. futures this morning indicated sharply lower after trading not being able to react on friday to the weak employment numbers that we saw for march. you can see down about 130 on the dow jones. we're right around flatlining on most of these averages i guess, except for the nastdaq. down about 32 points. with the s&p indicated down about 15. and don't look now. i know it seems like the market has not been above where it was when apple was added to the dow, but purely coincidence at this time. it doesn't mean it's going to stay here does it wapner? >> absolutely not, joe. >> tough to double from there. that's just you know thank you, dow jones for adding apple. >> curse of the dow. >> thanks. >> appreciate it. >> yeah. at least things are symmetrical. at least we get a heads up to what might portend. >> it's happened before. >> it happens. next thing you know -- >> cisco. >> microsoft. intel. >> right. it's like they want to keep a lid on the dow or something. >> 18,000

along with joe kernen and andrew ross sorkin.w down by 36 points and started the morning relatively flat. nasdaq still positive. >>> ford is just out with quarterly results. let's get over to phil lebeau. in the meantime let's get to phil. >> andrew this is a miss on the top and bottom line by ford. ford earning $1.4 billion. 3 cents shy of what analysts were expectsingexpecting. about $2 billion shy of what wall street was expecting. let's explain why ford believes there is a miss on the bottom lineup they say the tax rate of 34% is not what most analysts were forecasting. they say they guided analysts to expect the higher tax rate and most of those analysts came in with a tax rate at 29%. revenue coming in lighter because 70% of the miss was due to the weaker currency particularly the impact of osales over in europe. where you look at where ford lost money and made money in the future, north america continues to be the strength. really all the automakers making $1.3 billion there. they lost money in europe and south america and

i'm becky quick with joe kernen. andrew is enjoying the week off.e warned you to be ware of april fools' jokes but not everybody got the message. tesla poked fun at apple tweeting a new model w. some traders missed the joke. shares of tesla jumped at the end of yesterday's session. the stock gave back most of that move. we'll have the story in just a little bit but first up to speed on today's market picture. right now there's red arrows again. dow futures down by 35 points. nasdaq down by about 7. >> here are the big stories we're watching today. secretary of state john kerry extending his stay in switzerland after the iran nuclear talks stretched through the night in a marathon session. officials say discussions are now focused on whether the u.s. and eu would agree to ease sanctions apart from those of the u.n. in political news indiana lawmakers expected to announce a deal today to alter the religious freedom law. the legislators want to ensure the rules don't discriminate against gays and lesbians. we'll have a live report in about 20 minutes.

i'm becky quick with joe kernen and andrew ross sorkin. lcome back joe. >> on earth day no less. >> they haven't launched the drones. the postal service yet have they? >> no. >> drone launchers on a postal truck? seriously? i'm staying indoors. you can put an eye out with one of those things. >> you can do worse than that. >> earth day as andrew mentioned. about 1 billion people are expected to participate in events that celebrate the environment today. earth day started in 1970 making today it's 45th birthday and attention sky gazers out there, april's top meteor shower is here. expected to peak before dawn today and again tomorrow. this is debris from comet thatcher. this could be the best part. no special equipment is even needed to see them. just hope there aren't too many clouds out there. >> climate change. >> earth day is not a climate day. >> i celebrate it. >> you should celebrate the earth. >> but are you sure the meteors aren't related to the warming? you know the earthquakes from fracking i can sort of you know, i don't know eno

i'm michelle caruso-cabrera along with joe kernen and steve leisman.tock market is closed today for good friday but there will be some trading. equity futures will be open until 9:15 a.m. eastern time and you can change on globe x until 11:15 a.m. brent crude is trading. as for the jobs report forecasters say the economy likely added 248,000 jobs last month. the unemployment rate is seen as holding steady at 5.5% and hourly average earnings expected to rise .2%. so the labor department works on good friday. >> i think a portion does. here are the other stories we're watching at this hour. iran, the u.s. and other world powers reaching a deal on a framework to curb tehran's nuclear program. this comes after eight days of marathon talks in switzerland. details to be worked out and sanctions remain in place until a final deal is reached. more from john harwood in just a minute. in corporate news ibm reportedly hiring investors to deal with restless investor in an attack by funds. looking for help from activists to shake up the tech giant. but are said to

i'm michelle along with joe kernen and scott walker. attention apple fans it is a big week for you.pany posting a first of series of videos. this friday apple begin taking preorders and let you try the watch on in the stores. the device will be available, finally, on april 24th. one potential catch. c net reports you won't be able to show up and buy the watch without first making an appointment for a fitting within

i'm becky quick with joe kernen and andrew ross sorkin. it's a big week for star wars fans. disney unveiling the trailer for the next movie in the franchise. first check this out, announcing an r2d2 themed plan. the airline says that the character is beloved by star wars fans and they're right. also people associate it with competent and reliable service. you can get a ride with r2d2. u.s. equity futures this morning look like they are -- yeah looks like they're weaker with the dow futures down by 30 points. s&p futures off by 3 and nasdaq down by 11. >> we have a couple of stories we're watching this morning. earnings central today. quarterly results before the bell from dow component ge and honey well. also economic data is going to be front and center because at 8:30 eastern time we'll get the consumer price index and then at 10:00 we get consumer sentiment. also the spring meeting of the imf and world bank taking place in washington. among the headlines greece's finance minister is promising to compromise in loan talks but also pushing back against some of the reforms. g

i'm becky quick along with joe kernen and andrew ross sorkin.e digging through the numbers but on these headlines, it looks like it came in at 27 cents versus the 29 cents that the street had been expecting. >> that's not that horrific. >> that's not much of a miss. it's a miss but not a huge miss. >> 21.5 on the revenue is online. net chargeoffs $1.19 billion. the stock at this point is just down a little bit down 14 or 15 cents. >> now there are some charges that are coming in. one of them is retirement eligible incentive costs of a billion dollars. that's six cents a share. >> three cents a share for market related net interest income adjustments. >> i don't know if those are numbers that still have to come off the 27. just looking at some of the headlines popping right now. >> in fact right now it's not down anymore, it's actually up up six cents. so tangible net book value is right around where the stock is trading $14.79. first quarter and deposit balances, a record $1.15 trillion. brian moynihan saying we see continued encouraging signs w

i'm becky quick along with joe kernen and andrew ross sorkin.this hour are slightly higher but it looks like the dow futures are up about 12 points above fair value, s&p futures up by 2 and the nasdaq up by 1. on today's watch list corporate earnings on tap, mastercard and norfolk southern. after the closing bell we'll get numbers from marriott and yelp and get the first read on first quarter gdp at 8:30 eastern time. forecasters expect to see 1% growth down from the 2.2% that we got in the fourth quarter of last year. and the central bank wrapping up a two-day policy meeting today. fed watchers will look for a change in language on inflation that could signal the fed favors a summer rate hike versus a september liftoff. >>> we are also monitoring the situation in baltimore this morning. things were much quieter overnight. there were less than a dozen arrests compared to 200 that took place on monday. the curfew ended about two hours ago at 5:00 this morning. it will go back into effect tonight. >>> social media giant twitter making headlines wh

i'm becky quick along with joe kernen and andrew ross sorkin.ooking at the world famous shot of the rockettes. they are joining us to help kick off their spring spectacular. what do you think, guys? >> i don't even want to go up there. >> that's high. >> they're going to be down here. we'll see that a little later. >> george benson was not on. this was a live, we are just playing this because of broadway. >>> among the top stories at this hour. apple watch news this morning. the company reportedly limiting availability of its new watch after a key component from china was found to be defective. "wall street journal" reporting that it produces the sensation of being tapped on the wrist. limiting suppliers of that component, which may cause production delays. no comment from apple at this point. >>> japan's heading to silicon valley today. the first sitting prime minister to visit the valley. yahoo! co-founder and tesla among others. >>> this morning, jobless claims and personal income and spending and the chicago pmi. take a look at u.s. equity f

i'm joe kernen along with andrew ross sorkin and michelle caruso-cabrera.s off today. equity futures at this hour were down a bit. now only down 4 points. make no determination about what happens throughout the session. it's been a weird week. you know initially on monday we were supposed to be down 150 points. closed up a hundred. tuesday it was closing well off the highs. so i don't know whether it's fed relates or earnings related or what. but kind of having a hard time to decide what to do. >> it will fluctuate. >>> the bank of england just announcing it will leave rates unchanged at .5% as expected. and the cac is up nearly 1%. and greece higher by about .5%. they have made their imf payment. among the other stories we're watching at this hour greece confirming to the installment today. over reforms that it hopes will unlock more money. iran's president says the country will only agree to a nuclear accord if sanctions are lifted. he says he wants a win/win deal for all parts involved. and for iran that means removing all the sanctions the same day a nu

i'm joe kernen along with michelle caruso-cabrera and scott wapner. becky and andrew are off today.re is an acquisition deal from fedex in the transportation arena. fedex is buying dutch delivery rival tnt express for $4.8 billion. the deal would give fedex access to the bids. blocked to buy tnt to buy two years ago. but fedex and tnt say they don't expect similar opposition because unlike fedex, u.p.s. already had a strong european network. fred smith will join "squawk on the street" today at 9:45 eastern. >>> among the other stories we're watching this morning, children and advocacy groups to investigate the youtube kids app. the app blends video programming and ads in a way that deceive children and parents. spokeswoman for youtube disputed the complaints and said they hadn't been contacted by concerned groups. on the economic calendar today, the jolts report on job openings and labor turnover. get it jolt? then in corporate news samsung out with guidance. the profit likely dropped 30.5% between january and march. that guidance is better than wall street analysts expected. saying

i'm becky quick with joe kernen and andrew ross sorkin. e back joe. >> on earth day no less. >> they haven't launched the drones. the postal service yet have they? >> no. >> drone launchers on a postal truck? seriously? i'm staying indoors. you can put an eye out with one of those things. >> you can do worse than that. >> earth day as andrew mentioned. about 1 billion people are expected to participate in events that celebrate the

i'm becky quick with joe kernen and andrew ross sorkin. it's a big week for star wars fans.r the next movie in the franchise. first check this out, announcing an r2d2 themed plan. the airline says that the character is beloved by star wars fans and they're right. also people associate it with competent and reliable service. you can get a ride with r2d2. u.s. equity futures this morning look like they are -- yeah looks like they're weaker with the dow futures down by 30 points. s&p futures

i'm becky quick with joe kernen and andrew ross sorkin. happy birthday to youtube.an overnight sensation. his video holds the record as the most viewed youtube clip ever and this would make a good

i'm here along with joe kernen. becky and andrew are off today.ing to be a family affair at the master's today. tiger woods will be using a much younger caddie than normal. his kids will be there for the traditional par 3 contest. he hasn't played since 2004 and injuries kept him from competitive golf for the last two months. we'll talk a lot more about

i'm becky quick with joe kernen. andrew is enjoying the week off. to be ware of april fools' jokes but not everybody got the message. tesla poked fun at apple tweeting a new model w. some traders missed the joke. shares of tesla jumped at the end of yesterday's session. the stock gave back most of that move. we'll have the story in just a little bit but first up to speed on today's market picture. right now there's red arrows again. dow futures down by 35 points. nasdaq down by about 7. >> here are the big stories we're watching today. secretary of state john kerry

i'm becky quick with joe kernen and andrew ross sorkin. baltimore burning.g 15 police officers. angry crowds were pelting police with rocks as they walked down the street in full protective gear. the violence broke out hours after the funeral for freddie grey that died after suffering a spinal injury while in police custody. maryland called in the national guard and declared a state of emergency. the baltimore mayor calling last night one of baltimore's darkest days and saying the destruction in no way represents the peaceful protest of many. >> i understand anger but what we're seeing isn't anger, it's destruction of a community.

i'm becky quick with joe kernen and andrew ross sorkin. we have black rock ceo larry fink.sting quarterly results this morning. $4.80 a share versus the $4.52 the street was looking for. we'll get his take on the markets and much more. he happens to know who sings the song. i am impressed. i didn't know. >> you wanted a record -- >> that was not -- >> no yes i did. >> record label. >> record label. >> i did own it and our first artist we signed up was maroon 5. >> wow. >> i didn't know that about you. >> this is george ezra though. >> okay. >> i like it. >> this with you a web -- this guy released this

. >>> i thought we had joe kernen coming on to talk to us. >> i had to keep hesitating before i said john's name. >> 40 minutes to go until the close. we're pretty much near the highs of the day. a strong snap back from friday's broad-based sell-off. a lot of discussion on what is driving this spectacular rebound. >>> mobile-geddon, google changing the way it ranks search results and small businesses especially run the risk of getting left behind with this new algorithm. the pros tell you what you need to know about this. that's coming up on "closing bell." stay tuned. before i had the shooting, burning, pins-and-needles of diabetic nerve pain, these feet grew up in a family of boys... married my high school sweetheart... and pursued a degree in education. but i couldn't bear my diabetic nerve pain any longer. so i talked to my doctor and she prescribed lyrica. nerve damage from diabetes causes diabetic nerve pain. lyrica is fda-approved to treat this pain. lyrica may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if you have these, new,

i'm becky quick with joe kernen and andrew ross sorkin. we have black rock ceo larry fink. his asset managing company posting quarterly results this morning. $4.80 a share versus the $4.52 the street was looking for. we'll get his take on the markets and much more. he happens to know who sings the song. i am impressed. i didn't know. >> you wanted a record -- >> that was not -- >> no yes i did. >> record label. >> record label. >> i did own it and our first artist we signed up was maroon 5. >> wow. >> i didn't know that about you. >> this is george ezra though. >> okay. >> i like it. >> this with you a web -- this guy released this on the web. >> a lot of people are doing that now. >> he wasn't famous. no one knew him. >> but this is a great song. i hear it once and i like it already. >> i've heard this a thousand times. >> where? i don't listen to that. i like it. anyway we'll hear more about larry's call on ceos to focus on long-term value in a moment. also it's a moment of news makers on the set. we'll be joined by steve schwarzman and jack and suzy welch will be stoppin

i'm joe kernen along with andrew ross sorkin. becky is out today. indicated to have a nice positive open. you're a bull up 71 points. s&p called up nearly 6. and the nasdaq continuing now to outperform another 14 points this morning. check out the markets in europe. which are now green. following along with some of the positive sentiment that we're having here in this country with the dax up the most. before though we turn our attention specifically to the markets, let's, once again, talk about this big developing story over the weekend. and that is the disaster in nepal. the earthquake death toll now tops 3,700 people. nbc richard engel immediately took off for nepal. he reports there from the ground. >> reporter: the entire city of katmandu seems to have moved outside. families live on curbs, trying to keep their children fed, clean and, most of all, away from buildings. the historic center of katmandu is the city's most popular attraction by far with ancient temples and palaces and it bore the brunt of this earthquake. >> reporter: where a nine-s

i'm andrew ross sorkin with joe kernen. becky quick will be back on monday.this morning david faber is here. the brain. bringing back the brain and kahuna together again. and he's here in part because there is big news this morning. general electric selling most of its ge capital assets. ge's board also authorizing a $50 billion buyback. david is with us. he spoke with ge's chairman and ceo. put a lot of tough questions to him. and mr. faber is here with more. mr. faber? >> yeah. we were speaking of course in the last half hour and joe certainly was talking about the change in this company. and when you go back to the 2001 annual report and you look at it and see what was this company then, the appliances are gone. nbc universal is gone. a lot of other businesses are gone. and oil and gas has become a much larger business. power generation water. >> insurance units are gone. >> insurance, capital, a lot of things. of course part of that was spun. >> the point joe made is there's been a mixed record of the sales in terms of the timing of those sales. >> yes. i

i'm here along with joe kernen. becky and andrew are off today. it's going to be a family affair at the master's today. tiger woods will be using a much younger caddie than normal. his kids will be there for the traditional par 3 contest. he hasn't played since 2004 and injuries kept him from competitive golf for the last two months. we'll talk a lot more about augusta in the last pu minutes. he'll be here in studio. futures are suggesting we'll have a positive open. dow would open higher by 24 points. nasdaq would open flat by 2. the corporate story of the morning, shell's mega deal. it's the biggest energy tie up in more than a decade. seema mody joins us from london with all the details. seema. >> hey becky. good morning, it's one of the industry's biggest deals in a decade. shell paying $70 billion which represents a 50% premium to bg's closing price yesterday. now the ceo of shell earlier this morning on cnbc europe explained why this deal makes since and how it's not a bet on lower oil prices. >> this is not a bet on the oil price. this deal

i'm becky quick with joe kernen and andrew ross sorkin. happy birthday to youtube. the hit made him an overnight sensation. his video holds the record as the most viewed youtube clip ever and this would make a good combination with the animal orchestra. >> i think you're right. what happened to him. >> that's what i mean. we just called him a sensation. at one point he was, right? >> 33 million views not bad. >> but still a fraction of the super bowl. >> he's not opening in las vegas. >> was he the true one hit wonder? >> there were two. >> it sounded very similar. >> did it? >> that happens with the one hit wonders. >> you know what works. >> go with it. >> let's get you up to speed in the markets. the u.s. equity futures at this hour at least. you'll see yesterday the market ended near the highs of the day. we're looking at red arrows again but this is what it looked like yesterday before the market started taking off during the session. you can see the dow futures down by 50 points. s&p futures off by 5. >> let's tell you about the big stories we're watching as w