i'm becky quick along with joe kernen and andrew ross sorkin. we'll start with the market rally. stocks coming off the best day of 2017. the dow was up by 303 points, climbing above 21,000 for the first time ever. that march from 20,000 to 21,000 happened in just 24 trading sessions, that's a tie for the fastest time that's happened. last time it happened was on the march from 10,000 to 11,000. >> 1999. >> right. >> two horrible comparison years. we have the records, 12 in a row, 1987. >> right. >> this is 1999, neither of which turned out particularly well. >> no. but it has been fun watching things climb. >> i have three newspaper takes on this. just to show the universe and how things work and the way of framing what happened yesterday. one of them is really good. you'll like it. it's not the "new york times." >> it's -- are you going to do it now? >> we can do it now.

joe kernen joining us. >> it just occurred to you that maybe europe has been voting wrong for a whilees, joe. >> really? >> and also despite the issues of the long-term proportional systems, if there are, you don't think you can say people are voting wrong. people can vote however they like. >> you euros would never say americans voted wrong with trump. you would never hear them judging us. sa sara? >> yes. >> you go. i have to ask you -- how? why mid tennessee? why did you -- did you know you picked mid tennessee state over minnesota? >> no but i know i picked northwestern. >> you only have one miss. there were two -- right? >> right. i'm very good at march madness. >> did you pick these? did you have help? >> i outsourced them, joe. >> what? >> i outsourced it. it's my big secret, not such a secret. >> it works. sara has done well. >> so has sorkin. he lost two. you lost one. you had mid tennessee. becky messed up. >> i had my secret weapon. >> you're not in the standings. >> yes, i am. >> not in mine. >> i'm in mine. >> how am i doing? am i doing well? am i on top. >> you don't kno

i'm becky quick along with joe kernen. andrew is off today. us for the hour, we have steve grasso, a fast money trader and cnbc analyst. welcome. >> thank you. pleasure. such an honor. >> great american. i watch you guys all the time. >> you are up extremely early. i don't know how you guys do this. what do you do, go to bed at:00 at night? >> don't laugh. yes. >> i came straight here. >> you egg me on at times. >> i do. i

i'm becky quick along with joe kernen and andrew ross sorkin.e have an update on the blizzard pounding the east coast. it's happening right here outside our windows. that's what we walked in through this morning. forecasters calling for up to two feet of snow in some areas. hard to say what will happen, but airlines have canceled more than 4,000 flights. several governors declared states of emergency including new york, new jersey and connecticut. schools are canceled in new york, boston and philadelphia. we're here at the nasdaq. things are moving just as expected. the new york stock exchange is expected to operate normally. take a look at the u.s. equity futures. they are indicated slightly lower after a mixed day yesterday for the markets. the dow futures are down by 13 points. s&p futures down by less than a point. the nasdaq down by 1.7. overnight, in asia, there were some red arrows when it came to the nikkei, which was down by 0.10%. the hang seng was flat, the shanghai was too. in some early trading in europe, you'll see that tlinhings a

amy: that was scott pruitt the head of the epa's begin with cnbc host joe kernen.itt's comment defies scientific consensus about the laws of physics. the epa's own website even , in the time of trump features , a fact sheet declaring -- "greenhouse gases act like a blanket around the earth, trapping energy in the atmosphere and causing it to warm." on friday, one day after pruitt made the comment, the national oceanic and atmospheric administration revealed that the level of carbon dioxide in the atmosphere had risen at a record pace for a second year in row. meanwhile president trump is , proposing to cut 25% from the epa's budget and eliminate 3000 jobs. trump's plan calls for the complete elimination of epa programs on climate change, toxic waste cleanup, environmental justice, and funding for native alaskan villages. it would slash funding to states for clean air and water programs by 30%. well, we turn now to a longtime epa staffer who resigned last week to protest the agency's new direction. mustafa ali is the former head of the epa's environmental justice pr

i'm joe kernen along with becky quick and melissa lee.0 minutes away now from -- oh, we do have the clock. we have the tepper clock. we need more decimal places. what part of a second are we waiting? >> hundredths of a second. >> we need hundredths. why do just seconds when you can do hundredths of a second? we have an interview with david tepper, founder of appaloosa management. we're going to talk politics, investment, and much more. futures at this hour have worsened a little bit. would that be three straight days? >> it would be. >> i read the journal -- just totally talked me into this. "wall street journal," editorial. >> talked you into health care? >> not going to get any better than this. i was resisting because i hate getting tricked into a huge new entitlement, which is what happened. but that's the truest thing ever said. there's no way to take it back. you can't. you can't take it back. the things it fixes and changes and restructures. the journal points out it's the biggest improvement on the way medicaid is administered. me

joe kernen, but for no other reason. see, if i get to the reasons, i don't put the reason behind the bank selloff just to politics. to the reasons, the main one being the ongoing fall in interest rates. yields falling across the curve yesterday. but worth noting that even before this week's move in rates, the yield curve had been flattening which is bad for banks. thus it figures bank of america was the biggest faller yesterday since it is the most interest rates sensitive of the big banks. another reason cited for the decline is lessening hopes of trump's agenda being delivered on. for banks we're talking in terms of tax reform and deregulation. those fears elevated ahead of the crucial thursday healthcare bill vote. but are they overdone? for example, while jamie dimon was optimistic last week about the impact of tax reform on the economy, the immediate impact on banks any way is lower. dirmen himse dimon himself stating in the past that it feeds through to wages. and investors may become less hopeful of financial dere

i'm becky quick along with joe kernen and andrew ross sorkin. happy birthday to the bull market. today marks eight years since the march 9, 2009 low. a lot of squawk viewers and cnbc viewers know it as the haines bottom after hark haines said on cnbc on march 10th that he thinks the market hit its low. look where we have come from then. 666 back to 2300 and change. look at the u.s. equity futures. the dow futures are indicated down by 14 points. markets have been down. the dow and s&p have at least for the last three trading sessions. that hasn't happened since the end of january. s&p 500 has indicated down by 1 point. the nasdaq by 2 1/2. in asia overnight, nikkei ended up by a third of a percentage point. the hang seng and shanghai were down with the hang seng down by 1.2%. in europe, some of the early trading, there are red a arrows. >> a couple big stories we're watching this morning. in the last hour, crude prices swinging from modest gains to extend yesterday's losses. wti plummeted more than 5% in yesterday's session, hit by a record build up in u.s. inventories. and shell

i'm becky quick along with joe kernen and andrew ross sorkin. let's look at u.s.quity futures and see if they're in the green for st. patrick's day. some are cooperating. s&p 500 up by a half percent or a half a point. the dow down by half a point. the nasdaq up 3 1/2. this after a mixed market yesterday. look at what happened overnight in asia. you'll see the nikkei was down by a third of a percentage point. some slight gains for the hang seng. shanghai composite down by 1%. in europe this morning, on this day when president trump will be meeting with an la merkel, the dax is down by, the cac is up. the ftse is flat. crude oil, after an interesting week, up 24 cents. 48.99. gold prices rallied yesterday for the biggest day since june. a rally of 2.2%. >> let get you caught up on some other big stories. president trump will meet with german chancellor angela merkel today. the issues of trade and immigration expected to be front and center between those two leaders. the ceos of bmw and semens are expected to attend the meeting. this is merkel's first u.s. visit in

i'm joe kernen along with becky quick.udio for the remainder of the show, barry sternlicht, chairman and ceo of starwood capital. he's not even in town, but you had trouble on fifth avenue. might have been an accident or something. >> yeah. >> but you made it. >> infrastructure spending. >> lots to discuss with barry throughout the program. first, though, you going with the jacket today? >> for now. >> all right. you know what -- >> what would you prefer? >> you work out, don't you? i would prefer -- no, whatever you feel more comfortable in. sometimes you go an hour with and an hour without. it's a different look. it's variety. >> i might take my tie off. >> so stick around, viewers. >> don't stop there. anyway, first let's get a check on the markets. futures at this hour indicated down seven on the dow, three on the s&p, and down aleight on th nasdaq. there wasn't much happening in europe when i looked earlier today. wow. yeah, i don't need to -- what do you say about that? we look, but there's nothing happening. there's

i'm becky quick along with joe kernen and andrew ross sorkin. u.s. equity futures, almost triple digit gapes for the dow futures. dow futures indicated up by 97 points. this comes after one slight day of delclindeclines. we did not make the record of 13 highs in a row for the dow. but we are looking sharply higher. s&p futures indicated up by 12 1/2 points. the nasdaq up by 35 1/2. overnight in asia. you will see that the nikkei was up by almost 1.5%. the hang seng and shanghai were slightly higher. in europe, early trading there. >> big. >> similar big gains. >> big. >> the dax in germany, the cac in france, up by 1.5%. the ftse is up close to 1%. look at the dollar. you will see in currency markets just focusing on what's happening with the dollar. the dollar is up across the board. euro at 1.0541. the dollar/yen at 113.62. >> interest rates finally went up. >> 2.42. up from 2.35 yesterday. >> 2.42, we're calling that up. >> good to see someone making europe great again. >> you know, sara eisen told me we should focus the show on the peso. >> that'

i'm becky quick along with joe kernen and steve liesman.ood morning. >> good morning. >> good to have you here. >> great to be here. i was in philly yesterday, got on that reliable amtrak, came back. it worked well. >> you spent a week in philly? one afternoon? >> exactly. which is where comcast is headquartered. beautiful city. >> whenever i say that, you remind me, in a good way. >> we love philly. >> we do. >> beautiful town. >> schuylkill, the row houses are beautiful. the zoo. >> great place to get -- to culture great management. really good managers. really good corporate -- >> something in the water there. >> something in the water. >> i might have met one yesterday, patrick harker. the new philly fed president. has a business background, academic background. went to the university of delaware. interesting guy. has a civil engineering degree and a master in economics. >> he was trying to be a homer. >> i know. i got it. i was ignoring it. >> that's your first meeting with this guy? >> yeah, it was. he's not as hawkish as charlie plos

i'm becky quick along with joe kernen. andrew is off today. sitting in with us is joe terranova.ood morning. >> beckgood morning, becky. good morning, joe. >> you have that high and tight today? >> i do. >> drop 20! >> i said take all the gray out, this is what happened. >> high and tight. certainly cheat the wind if you go out on a motorcycle. man, no drag whatsoever. >> how come you didn't mention this until we went on air. >> no jacket, you're happy with that at least. >> i'm happy with that. the whole look is clean today. >> good. good. you didn't answer my question, are you ready for baseball sunday night? >> have you focussed on -- i'm focused on saturday night. >> basketball? >> yeah. >> is it saturday or friday? it's saturday, isn't it. >> not tonight. >> saturday, both games. >> yeah. >> i still have north carolina. >> good. >> then i'm hoping south carolina beats gonzaga, so all the people who have gonzaga do not win the bracket. then it's a north carolina and south carolina -- >> so you're rooting for yourself and against everybody else. >> in life and in the brackets,

i'm becky quick along with joe kernen and melissa lee never leaves times squarement. >> at this veryl the time. >> she sits right here. >> are you sitting on my pillow? >> this is your -- >> it helps with my asteroids. i don't know if you will cuddle up to it -- >> melissa may find a way to make her way home tonight. we are 90 minutes away from david tepper who will be joining us. he is the founder of appalossa management. has a great track record. since 1993 when that fund was first founded, has been up 25% annually over

i'm becky quick along with joe kernen and andrew ross sorkin. the federal reserve boosting rates bay quarter point and signaling more hikes this year. the fed indicating two more rate hikes this year. we'll have more on what fed chair gel season tejanet yellen the markets about the economy. all of this idea of three rate hikes for the year are on the table, not four as markets had been anticipating, we'll see, that rally was sparked yesterday in the equity markets with the dow up by 112 points. the nasdaq now just 100 points away from the 6,000 level, closing at 5,900. the gains we saw yesterday put the s&p 500 and the dow at the second highest closes of the year. let's look at u.s. equity futures. you'll see right now things are indicated higher once again. the dow futures up by 63 points. s&p futures up by 5, the nasdaq up by 18. all of this was good for rallies around the globe. you can see in asia, the nikkei closed higher, by 12 points. hang seng up by 2%. shanghai come poz sit wcomposit up as well. you can see the markets in europe are als

i'm andrew ross sorkin along with becky quick and joe kernen.ecord close on wall street yesterday. futures this morning marginally down. the nasdaq would open down close to eight points down right about now. european markets, a little more mixed, virtually unchanged. >>> here's what's making headlines. snapchat parent snap beginning trading today after its ipo priced above expectation at $17 a share. it's the largest technology ipo since alibaba went public in 2014. we'll have more on snap's wall street debut in a few minutes. >>> after yesterday's data flood, just one report on the calendar for today. that is the labor department, which will be releasing its weekly jobless claims at 8:30 eastern time. it is expected to be a virtually unchanged number from last week. >>> and the fed governor is the latest to hint that rate hikes could come sooner rather than later. she told a harvard audience last night that it will soon be appropriate to remove additional accommodation. those are her words. with sentiment increasing that a march rate hike is in

i'm andrew ross sorkin along with becky quick and joe kernen. 25 points, s&p off about 2.5 points and nasdaq looks like it would open up slightly to the upset. let's get you caught up with some of the mornings headlines. the brexit process officially has begun. prime minister theresa may has signed article 50 formally triggering the process of britain's departure from the european union. the official letter will be delivered to the european council just a couple of minutes from now. also black rock has announced a significant revamp of its equities business. it will slash fees, cut some jobs, and this is probably the most interesting part of it, they're going to start using computers to pick stocks. blackrock is trying to boost the performance of itzhakive management business and is looking to ai and robots to help them. >>> and president trump thinks a deal on health care reform can now be reached. despite last week's events which resulted in that proposed bill being pulled. he told a group of senators that he thinks a deal will happen, quote,

i'm joe kernen along with becky quick and andrew ross sorkin.ceo of southern company. we're going to hear from him in just a bit. glad you're here. i need a -- i got an ally. >> piece of cake. we got it going. >> i needed you in the last -- anyway. let's get a check on the markets right now. the futures are indicated down now. down 13. that would be nine straight days. it's weird. so we got to go back, what? 1978 to get nine straight days. did we go back -- how far do we go back to get the eleven straight records. wasn't that like 1960 something? >> a long way, yes. >> we just had one. >> set a new record. >> we just had a record for up days in a row. now we're going to set a record for down days in a row. but the down days have been much more muted. >> only down 1.9%. >> and remember in -- we were supposed to not chase -- >> twice in history that you've seen -- that long of a streak with that small of a loss. >> all right. and treasury yields take a quick look. treasury yields are below 2.40 again. i'd like to know if they go back below 2.25 ag

i'm becky quick along with joe kernen. andrew is off today.oining us for the hour, we have steve grasso, a fast money trader and cnbc analyst. welcome. >> thank you. pleasure. such an honor. >> great american. i watch you guys all the time. >> you are up extremely early. i don't know how you guys do this. what do you do, go to bed at:00 at night? >> don't laugh. yes. >> i came straight here. >> you egg me on at times. >> i do. i do. >> we don't need to dits cuscus things. >> we're on the same page. >> i need you here some other days, when the other guy is sitting there. >> he shut off my commuters. did he do this? this is work from the inside. >> i'll help you get in. >> okay. >> we will. steve is with us for the hour. we've been watching the u.s. equity futures this morning, after the markets ended on a mixed note yesterday, similar story today. yesterday we watched the averages slowly, after some weakness at the open, we'll see things even out. calm trading throughout the day despite the attacks in the uk and despite concerns about whether o

i'm becky quick along with joe kernen. andrew is off today. sitting in with us is joe terranova.good morning, becky. good morning, joe. >> you have that high and tight today?

i'm becky quick along with joe kernen and andrew ross sorkin. u.s.quity futures this morning, after a pull back yesterday, you can see u.s. equity futures are indicated higher. dow futures up by 47 points. s&p futures up by 6.5 points. the nasdaq up by 11. this is all coming on fed day today. today is the day we get the decision from janet yellen. news conference follows after that. in asia overnight, markets were relatively tame. nikkei and hang seng down slightly. shanghai composite was up slightly. this morning in europe, some early trading there, things are relatively flat. the ftse is up by 0.2%. oil prices are moving higher this morning. api data late yesterday showing a surprise draw down in u.s. crude supplies. 531,000. later this morning we'll get official inventory data from the energy department. it has been a rough ride forever cru for crude oil prices. 48.59 a barrel. >>> let talk about today's agenda the fomc policy decision comes at 2:00 p.m., chair janet yellen will hold a news conference 30 minutes later. you can watch all of this we

i'm becky quick along with joe kernen and andrew ross sorkin. u.s.ity futures, almost triple digit gapes for the dow futures. dow futures indicated up by 97 points. this comes after one slight day of delclindeclines. we did not make the record of 13 highs in a row for the dow. but we are looking sharply higher. s&p futures indicated up by 12 1/2 points. the nasdaq up by 35 1/2. overnight in asia. you will see that the nikkei was up by almost 1.5%. the hang seng and shanghai were slightly higher. in europe,

i'm becky quick along with joe kernen and melissa lee.f their worst one day drop since the eelection. the dow and s&p 500 had their first 1% loss since the the election. things are mixed now. the dow is down by 11. in asia, the nikkei fell by 2%. reports of a failed north korea missile test for the drop. the hang seng fell by 1%. and the shanghai down by a half

i'm becky quick along with joe kernen. andrew is off today.l, chief equity strategist from nuveen. you ready to go? >> ready to roll. >> are you picking things out as we're going through this morning? >> i'm trying. >> we'll talk to him about some stock picks in a moment. a look at u.s. equity futures. markets were slightly weaker yesterday. you can see red arrows again this morning. modest declines at this-poin po. the dow would open down by 13 points, the s&p down by 3 1/2 points. nasdaq down about 9.5

i'm becky quick along with joe kernen and andrew ross sorkin. we'll start with the market rally.ming off the best day of 2017. the dow was up by 303 points, climbing above 21,000 for the first time ever. that march from 20,000 to 21,000 happened in just 24 trading sessions, that's a tie for the fastest time that's happened. last time it happened was on the march from 10,000 to

i'm becky quick along with joe kernen and andrew ross sorkin.bay quarter point and signaling more hikes this year. the fed indicating two more rate hikes this year. we'll have more on what fed chair gel season tejanet yellen the markets about the economy. all of this idea of three rate hikes for the year are on the table, not four as markets had been anticipating, we'll see, that rally was sparked yesterday in the equity markets with the dow up by 112 points. the nasdaq now just 100 points away from the 6,000 level, closing at 5,900. the gains we saw yesterday put the s&p 500 and the dow at

i'm becky quick along with joe kernen and andrew ross sorkin. let's look at the u.s.rday a big day of gains for the markets. dow up by 150 points. this morning you are seeing giveback in the early hours. futures indicated down by 20 points. nasdaq is up by a half point. look at what happened overnight in asia. the nikkei ended flat, the hang seng was up by 0.2%. shanghai was down by a third of a percentage point. in europe,

i'm becky quick along with joe kernen and andrew ross sorkin. u.s. you can see u.s. equity futures are indicated higher. dow futures up by 47 points. s&p futures up by 6.5 points. the nasdaq up by 11. this is all coming on fed day today. today is the day we get the decision from janet yellen. news conference follows after that. in asia overnight, markets were relatively tame. nikkei and hang seng dow

i'm becky quick with joe kernen. the jobs report is due at 8:30 eastern time. expect an increase of 197,000 jobs. the up employment rate is expected to tick down to 4.7%. we should point out that a hotter than expected private payroll report led some to raise their forecast. remember, adp was 298,000. that was more than 100,000 more than the market had been anticipating. moody's expect 275,000 from this number today. goldman sachs upgraded theirs. we'll get more predictions

i'm becker along with joe kernen and melissa lee. andrew is off today. watching the u.s.res this hour. things are relatively calm ahead of what seems like chaotic maneuverings in washington. dow futured are indicated up by 25 points. the s&p down by 1. the nasdaq down by 3. the d the dow and s&p 500 are on pace for the worst week since the election. the nasdaq is

i'm becky quick along with joe kernen and andrew ross sorkin. look at the u.s. equity futures.utures indicated up by 19 points. s&p up by 3.5. nasdaq up by 12. we saw eight days if a row of declines for the markets. the first time we've seen a streak like that since 20z11, bt only the second time in history that a decline like that has

pruitt made the comment during an interview with cnbc host joe kernen. >> do you believe thatat it has been proven that co2 is the primary control knob for climate? do you believe that? >> no, i think that measuring with precision human activity on the climate something very challenging to d do and there is tremendous disagreement about the degree of impact. so, no, i wouould not agree it s a primamary contributor to globl warming that we see. but we don't know that yet. we need to continue the review and analysis. amy: scott pruitt's comment defies scientific consensus about the laws of physics, and could put him at odds with u.s. law. federal courts have ruled the epa is obligated to regulate carbon dioxide under the clean air act. the epa's own website even features a fact sheet declaring -- "greenhouse gases act like a blanket around the earth, trapping energy in the atmosphere and causising it to wawarm." meanwhile, a top official at the epa has resigned in protest of a trump administration proposal to entirely defund his office. mustafa ali helped found the epa's office of enviro

i'm becky quick along with joe kernen and steve liesman.> good morning. >> good to have you here. >> great to be here. i was in philly yesterday, got on that reliable amtrak, came back. it worked well. >> you spent a week in philly? one afternoon? >> exactly. which is where comcast is headquartered. beautiful city. >> whenever i say that, you remind me, in a good way. >> we love philly. >> we do. >> beautiful town. >> schuylkill, the row houses are beautiful. the zoo. >> great place to get -- to culture great management. really good managers. really good corporate -- >> something in the water there. >> something in the

i'm becky quick along with joe kernen and andrew ross sorkin.n update on the blizzard pounding the east coast. it's happening right here outside our windows. that's what we walked in through this morning. forecasters calling for up to two feet of snow in some areas. hard to say what will happen, but airlines have canceled more than 4,000 flights. several governors declared states of emergency including new york, new jersey and connecticut. schools are canceled in new

i'm becky quick along with joe kernen and andrew ross sorkin. happy birthday to the bull market. eight years since the march 9, 2009 low. a lot of squawk viewers and cnbc viewers know it as the haines bottom after hark haines said on cnbc on march 10th that he thinks the market hit its low. look where we have come from then. 666 back to 2300 and change. look at the u.s. equity futures. the dow futures are indicated down by 14 points. markets have been down. the dow and s&p have at least for the last three trading

i'm becky quick with joe kernen.w ross sorkin will join us at the top of the 7:00 hour with commerce secretary wilburio ros. joining us on set is jason. are you watching all these records we've been setting? >> you're darn right. it's terrific. let the good times roll. >> there you go. >> you have been. you've been long. >> we've been

i'm andrew ross sorkin along with joe kernen. melissa lee is with us. becky quick is off.utures at this hour. dow looks like it would open down, off about 10 points. nasdaq up about 2 1/2 points higher. the s&p 500 looking to open off by two points. in asia, looking at red arrows across the board. shanghai composite down a full percent. also flying over to europe for a quick moment. show you what happened or what is happening over there. dax is up. what you are looking at? >> you'll have some problems taking off and

joe kernen with becky quick and wilford frost. futures down over 40. right now on the dow jones down seven and change on the s&p and down 14 on the nasdaq. treasury yields have been under control this morning moderating a little. i think they are down as you can see 2.47 in the ten-year. >> headlines deutsche bank announcing $8.5 billion capital increasish, changes to its executive team and restructuring efforts as well. add all that up and take a look at shares, down 5.8%. it is a lot of shares coming on obviously need to raise capital, this the time to do it but we'll continue to watch that stock. general motors selling for $2 million. maker of peugeot aunleugeot car. shares up 3%. political news fbi director james comey calling on the justice department to reject prmpz wiretap claims. in a series of tweets, trump claimed former president barack obama tried to undermine him by tapping tell phones at trump tower where he based his election campaign. the trump white house is calling on congress to investigate. >>> you don't have an ag. >> just temporar

i'm andrew ross sorkin with joe kernen and becky quick.ou going to come ut of your shell. >> a lot more from him in just a moment giving us thumbs-up. taking a quick look at the futures. this morning we're going to show you, dow looks like it opens down 12 points, s&p 500, 2 points and dow a little over 5 points. >> among today's top stories, shells surging, israeli website announcing the deal to buy the autonomous technology for $10 billion. a report says the transaction will be announced sometime today. as a result mobileeye shares are up 34%. yahoo! unveiled details about its management team after the sale of internet assets to verizon. board member thomas mcinerney chief executive office. alexi wellman, ceo, currently vice president of finance. after the acquisition will be known as al tabbaa be trade under symbol aaba. >>> las vegas gambler billy walters accused of insider trading allegedly making $40 million in trading in shares of dean foods. this is the case that drew attention because of connection to golfer phil mickelson. not ac

i'm andrew ross sorkin along with joe kernen. melissa lee is with us. becky quick is off.ook at u.s. equity futures at this hour. dow looks like it would open down, off about 10 points. nasdaq up about 2 1/2 points higher. the s&p 500 looking to open off by two points. in asia, looking at red arrows across the board. shanghai composite down a full percent. also flying over to europe for a quick moment. show you what happened or what is happening over there. dax is up. what you are looking at? >> you'll have some problems taking off and landing with your ears, i can hear, with the pressure. you're sick. the nose spray -- >> clear. >> your sugar -- >> i thought i was sounding pretty -- >> you sound up. you're trying. you're trying. i can hear it. maybe it's the end. it gets worse towards the end. you don't feel as bad, but you sound worse. >> thank you. the european markets were mixed. >> let's not fly over there. i'm telling you, your ears will pop. >> probably will. if you're buying wti, buy the barrel. a barrel will cost you 49.41. >> it's touching joe has for your health

i'm becky quick along with joe kernen. andrew is off this week.our is richard bernstein, the ceo of richard bernstein advisers, also a cnbc contributor and we'll have more from him in a moment. thanks for getting up. good to see you. >> good to see you. thank you. >> a check on futures, we have seen things agents lower. dow futures indicated oun by 6 points, s&p off close to 2, nasdaq down by 3 1/2. this comes after markets ended slightly higher for the last week. oil prices, which rebounded a little bit last week after being down 9% the week before are down once again this morning. a drop of another 1.3%. wti sitting at 4815. among today's top stories it will be a busy day on capitol hill. fbi director james comey will be appearing before house intelligence committee. this is part of a probe into russian interference in 2015 u.s. election, also about president trump's accusations that trump tower was wiretapped by president obama. the confirmation process by the supreme court nominee begins as well. neil gorsuch has a date with judiciary committe

i'm joe kernen along with becky quick and melissa lee.melissa quick. treasury yields have been a real story this week, i think. the ten year down well below 2.5 at this point. we don't have it. >> i think it was 2.42 last time i saw it. >> it's going to be an interesting session based on, you know, the big ncaa games tonight. oh, actually, based on what's happening in washington. probably more important. >>> making headlines this morning, a vote on the obamacare replacement bill is seen taking place sometime this afternoon. gop leaders are still trying to marshal enough votes for passage. more on the health care vote in just a few moments. >>> meantime, we're going to be getting february durable goods numbers at 8:30 a.m. eastern. >>> trans-canada has received official u.s. approval for the keystone xl pipeline project. that news coming earlier this hour from the canadian company. president trump will make his own announcement about the approval later today at the white house at a meeting with trans-canada ceo. >>> a few stocks on the mov

i mean, you know, who -- what jim cramer w joe kernen was saying, one of the things i would ask, gary- call, gary, is that good or bad? >> oh, we'll ask him, we certainly know that. whether or not we'll get a definitive answer i think is much more of a larger question. because it's not clear that the administration -- the administration has yet to coalesce behind a point, a specific point of view on a border tax, right? >> but when you listen to target -- look, ellison is a terrific guy. he's trying to save jc penney. they help employ a huge number, huge, tens of thousands of people. you do not -- you may have a border tax and that may actually raise some revenue, and then you lose tens of thousands of jobs at jc penney, are you kidding? where are those people going to get re-hired? coal mines? checkers? we're getting rid of checkers. have you seen what this does to the checkers? 3 million people are going to become, what, sales consultants? >> you're talking tens of millions of people in retail. >> that's right. let's not forget those are jobs. they're not just money coming in. you c

. >> joe kernen was saying, jim was watching and i think there was no disagreement. found myself saying, wow, okay, yeah. i feel so good that tepper said the global growth, lately i've felt i'm the only guy out there with the global growth thesis. i'm doing it from bottom up listening from all the companies, he does it every which way. i like his scenario, basically says we can pause but things are getting better. there was a moment talked about the federal reserve and you know what, guys, get out of the way. things are getting better. it's okay. you can say things are getting better. no one is going to hold it against you. tepper is a common sense kal guy. only a guy with total confidence who is that good is willing to admit a mistake on tv. he is the guest i most like to listen to of any of the people we put on. >> wide ranging of course as is typical with tepper and his knowledge of a lot of things, whether it's the french elections. >> yeah. >> or political goings on in italy, or the border adjustment tax debate here in this country. >> yeah. >> i thought it was

. >> joe kernen.getting a rash -- >> you should have told him that awhile ago. >> closing up. my throat's closing up. the dow jones indicated down 103. the s&p down 14. nasdaq down 26 or so. in europe, they're reacting to, i think, you know the prospects for global growth. down. down this morning. amazing that the world's equity markets have been rallying with us. if we pull back, won't be quite as positive globally. >> i'm trying to figure out what the ten year -- >> signaling problems. creating like 235 right now. and i don't know. is it possible to get to 2 again? some people were predicting that. our kiddy kumar. >> yes. >> i don't know. >> okay, other top stories we're looking at this morning. european union approved the planned merger of dow chemical and dupont but they're going to have to divest some businesses as a condition of that approval. the two companies still need approval from u.s. regulators. dow chemical up morning natalie. >>> in washington, president trump expected to announce you

i'm becky quick with joe kernen.ndrew ross sorkin will join us at the top of the 7:00 hour with commerce secretary wilburio ros. joining us on set is jason. are you watching all these records we've been setting? >> you're darn right. it's terrific. let the good times roll. >> there you go. >> you have been. you've been long. >> we've been long. >> good. that's why you're here. can't find anyone. we have one guy left. simeon. >> is he bullish? >> he will be on. already talked to him. one of the things he's saying is even if -- if there is a stumble in some of this stuff, market already deserves to be here, which is what i think. >> i think so, too. >> in terms of tax policy or -- >> that stuff is a bonus. just not having the private sector vilified on a daily basis, not adding a new regulation, layering on a new regulation every day. when you take that off, it's going to come back to a more normal level. >> i'm with you. i think -- >> i know you are. >> the multiples are getting a little stretched, but interest rates,