welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew ross sorkin.t. patrick's day everybody. we're going to start with the markets. st. patrick's day you got green on, don't you? >> i do. >> or is that purple >> no, i've got green going. it's gray with green lines on it to celebrate >> i could easily done that, i totally forgot >> and i got my socks on >> whoa. >> green socks >> wow those are too close to the camera, they look like size 13s and i know they're not >> they're not >> got to be careful with that >> you know, i wore an orange tie one year because i'm clueless and i got flak. i don't even know what it means, i don't know people thought i was send something message. what's red am i in trouble for red? can you find me a green tie? >> i don't think so, no -- yeah, there's probably a green tie around there somewhere >> that means -- that means corned beef and cabbage. we usually like that i like the corned beef not the cabbage. the cabbage doesn't like me. >> me too. >> you know what i mean. >> i do. >> i'm really sorry i'm sitting so far awa

. >> they definitely are look who's in, joe kernen in the half >> welcome to the halftime report i'm in for scott wapner. a new week, a new month and a new rally. what's next for the trampled tech trade a lot of alliteration and for the reflation trade. your next money move with our investment committee, consisting of joe shannon, chief investment officer at boston private wealth and last but not least, kevin o'leary. the dow and s&p having the biggest gains of the year. the nasdaq having the biggest gain since february 1st. the dow up over 600 points nasdaq, sharply higher up. 340. russell up almost 3% there you can see the 10 year note now it has backed off lower and we'll talk about that in just a second but first, interest of disclosure, like the weekend at the super bowl, i'm not being paid for this appearance on the halftime report. o'leary, i know you don't do anything without getting paid but little did i know, you want to get paid in bitcoin i've got to hear from tyler winklevoss this is no longer a nothing burger let me start with steven weisz there it is. mr. wonderful. a

i'm becky quick along with joe kernen and andrew ross sorkin. going to start things out this morning with the money. it is about the money. let's talk about the markets, the dow surged by 460 points in yesterday's session. that was up by 1 1/2%. this is the first time the dow closed above 32,000, and it has been up for four sessions in a row. the s&p up by half a percent the s&p is in 1% range of its record close but the nasdaq was actually down yesterday. didn't share in the gains. it slipped by about 5 pouints after tuesday's 3% rally the nasdaq indicated up by 250 points, around 2%. dow futures indicated up by about 100 points, and then the s&p 500 up by about 30, and of course, we have been obsessed with treasury yields lately, let's check things out this morning. right now, it looks like the ten-year note is yielding just below where it's been sitting. just below 1 1/2%. you've got the 30-year, a 2.232%, five-year at 0.754%, and of course, gentlemen, let's take a look at the squawk stack this morning. not sure where we left things. we're ba

oh, i'm joe kernen predicted that line along with becky quick. u.s.quick look. wow, they're fading in and out up about 121 on the dow. nice soft, nice -- nasdaq up about 15, almost 16. standard & poor's up 12.5. if you do this, i'm going to ask you to do this all the time. it's nicer, isn't it, becky? do you like it, becky, when they do the soft fading in and out with the music >> no, yeah, keep it sticking around i like it, too plus -- oh, you know, i think this is good news as we start to reopen the economy more restaurants coming back more that's what this song has me feeling this morning, too. >> excellent taking my time here. all right. here is this morning's stack we had some suggestions. we put maybe amcm in that's like gamestop that's a better representation of the reddit wall street bets, moves we've seen in the market becky, we get upset when retail investors make money have i ever given that impression how about all we care about are hedge funds? >> not at all. >> i don't care one iota about any hedge fund person. >> i actually like to see

i'm andrew ross sorkin along with becky quick and joe kernen.ings look like it will open. dow opening down 27 points the s&p 5005 which had been marginally in the red in the green. joe. >>> here's some of the things making the headlines the faa has zero tolerance for unruly passengers. it centers around the mandatory use of facemasks the policy will remain as long as the cdc's federal safe mandate is in place. >>> china is pressuring allibab to sell the media assets >>> canada's going to recommend use of astrazeneca's covid-19 vaccine for people age 65 and older according to a cdc report. that's positive news for the swiss drug maker which has seen germany, france, italy all suspend the use of the vaccine plus astrazeneca and the w.h.o. insist that the vaccine is safe. >>> meantime the fed's two-day meeting getting underway today while no policy is expected, the outlook for rate hikes is expected steve liesman has the latest >> reporter: good morning, andrew the cnbc fed survey shows the market has sped up the time line for fed tightening puttin

while ♪ >> good morning, everybody welcome to "squawk box" here on cnbc i'm becky quick along with joe kernenross sorkin, and we're going to start with the markets this morning joe mentioned yesterday's rally. it was a biggie. the dow and nasdaq posted its best trading day since november, and the s&p since june if you were watching this, it was something to see joe talked about the 600-plus point rally for the dow. the dow was actually the least of the movers in terms of a percentage term, for the s&p up 2.4%, and the nasdaq up by about 3% it was the energy and the financials that were helping power the markets higher also tech stocks getting back a good portion of their recent losses facebook up by 2.8.. apple up by 5.4%, andless tesla by more than 6%. it was apple's biggest day since october 12 lots of shares up significantly. check out the u.s. equity futures this morning there's a giveback dow futures down by 70 points, the nasdaq down by about 57. again, just a little bit of a pullback after a strong day for the markets yesterday. let's take a look at what's been happening with the treas

heat is on ♪ >>> good morning welcome to "squawk box" here on cnbc i'm rebecca quick along with joe kernen

i'm joe kernen with becky quick and andrew ross sosorkin they're not around here.not an east coast thing. it's a west coast thing. >> stocks high 120 something. do you know what the low was >> 22 -- >> 116 low was 22 and three quarters and it's got like a 9% short interest so there are some people looking at it thinking -- >> look out. >> -- it may make the "squawk" stack one day. probably not today, good symbol, jack but long history i think it used to be called foodmaker. and then they paid someone -- if it's all jack in the box restaurants, what if we call it jack in the box? i don't know how much that cost, but that was transformative. that is the "squawk" stack dow jones, nasdaq higher, dow coming back, tesla, 675. pretty good return i'm not a mathematician but two times the money. >> 420 times >> not bad there's the turkish lira we talked about a former official firing a fed but it never happened that actually happened with erdogan. against the dow, you can see that the turkish not doing too well could be notable to watch. and then the ten-year note, that's t

joe kernen i'm here along with becky quick and wilfred frost.d even more that's not working at this point. lower yield has to be about reopening. even though the suez canal is blocked, oil can't get out of its own way. very strange yesterday that was pretty ugly in the nasdaq as the day went on that was not great yesterday either you saw the woods ark etf down almost 30% something is amiss i don't know whether thisis -- they don't ring a bell and usually it starts kind of slow when things roll over. is that what we're seeing? >> you saw the spac from the -- >> spac. >> the spac post merger chart down joe, it gets back to a point you made earlier this week that is that real goldilocks perspective. you don't want rates to get too high. >> 1.65 to 1.7 if it's not there, we've got problems but there have been. are we really surprised with all of that. we mention spacs, ipos, bitcoin, technology, tesla, gamestop. i mean, how many different -- >> amc, discovery. you can run through a million of these. >> what's his name, bepe, beeple. >> beeple. >> th

this is for roblox, guys good morning, welcome to "squawk box" on cnbc i'm becky quick along with joe kernen andrew ross sorkin. roblox, a bill day we're going to start with the markets this morning after investors poured back into popular growth names yesterday it was really something to watch. you had to keep this going all day long the nasdaq was up by 464 points. that's a gain of 3.7%. that was the nasdaq's best day since november these things came roaring back, and it was all of the stocks that had gotten knocked down tesla surged by 19.6%. app and will facebook, each up by more than 4%, and amazon gaining 3.8% check things out wasn't the sit the growth stocks were taking off. dow was up s&p was up this morning the dow is indicated up again by 78 points. s&p down by about 1 point, the nasdaq off by about 42 we have been watching treasury yields so close by because that's had a huge impact on stocks recently. the ten high temperature year is yielding 1.565%. that's right around where we have been for the last couple of sessions, and by the way, you saw this yesterday, we had the squawk s

logo after that presentation. >> i'm still wearing a chute i'm never coming out with a hoodie, joe kernenng to admit anymore but we do. thanks, anthony. >> good to be here. >> we'll see you again soon. becky. >>> thanks, joe. when we come back, what would you pay for an nft and is the move to digital art over behind? that's the subject of this week's "on the other hand. jon fortt will join us right after this break. >>> later, lordstown motors says they the sec has requested a report we'll speak to the lordstown founder and ceo steve byrnes "squawk box" will be right back. and free, and free, and free, and free, free, and free, and free. free, free. and free, and free, and free, and free, free, that's right, turbotax free edition is free. free, free free free. as fashion, sports, arts world are embracing blockchain are nfts real? is this a bubble or overbehind market jon fort joins us with more on the other hand. >> andrew, have you ever heard anything crazier than spending $200,000 on a video of a dunk that anybody can look at i have, paying half a million for a house that doesn't exist

i'm joe kernen along with becky quick. u.s.had to be watching an hour ago to get that >> exactly exactly. anyway, we don't -- >> i'm not going to live that down i know that. >> you knew that was coming. up 330 points on the dow this morning. the s&p up 40 or so and the nasdaq strong, up about 150 points the 10-year has gotten kind of quiet. maybe that's partially responsible, lower bond yields setting this up perhaps after what was a pretty tough week last week for the averages johnson & johnson and gone shipping doses of the coronavirus vaccine after the cdc director greenlit the shot, we do mean shot because it's just one meg tirrell joins us with a special guest. hey, meg >> reporter: hey, that was the ceo alex gorsky. i was looking at our interview a year ago you designed this as a pandemic vaccine, one shot, fridge stable what do you hope and expect this vaccine will do in terms of having an impact on the pandemic >> meg, becky, joe, andrew, it's great to be with you today look, this is an incredibly proud day for johnson

welcome to "squawk box" here on cnbc i'm becky skwik along with joe kernen and andrew ross sorkin. let's take a look at the u.s. equity, end of the trading -- end of the month in the quarter, forget about the trading part on that you'll see that the dow futures are down by 54 points. yesterday, the dow was down by triple digits. there were some declines in the technology names that created the damage, microsoft and apple down each by 1%. but for the month, it's been pretty stunning. the dow is up more than 8% for the quarter to date. i think it's up more than 9% just for this month. so that's something to keep a very close eye on. we know it's not the technology leading the way. the nasdaq has been weaker nasdaq futures up by 41 points it's been those old tried and true industrial names that have led the way over the last month or even longer than that, that's what we'll continue to watch s&p futures indicated down by 55 yesterday, all three of the major averages were weaker if you watch treasury yields, let's take a look at this point right now at least ten-year yielding 1.73%, so

i'm becky quick along with joe kernen and andrew ross sorkin. and we've been watching the u.s.futures at this hour. things are looking pretty good if you're a bull dow futures indicated up more than 200 points a gain of 213 right now, and this comes after a down day for the markets yesterday. the dow was off yesterday i think it was by about 140 points, give or take some. it was the best performer, though it was only down by less than 1/2 a percent s&p by 7/10 of a percent it's still the best performer for 2021, but if you're looking at things since it hit the high water mark in the middle of february, february 12th was the high record close. it's down 5.8% from that it's down 1.7 yesterday, so we have seen pressure there nasdaq is indicated up by 94 points, s&p futures indicated up by 23. also if you want to take a look at what's been happening with the treasure y market, yield is 1.443% andrew. >>> thanks, becky, and president biden moving up the time line for vaccinations in america. >> two of the largest health care and pharmaceutical companies in the world that are usually

i'm becky quick along with joe kernen and andrew ross sorkin, and we're going to start with the markets this morning the tech stocks really got slammed once again yesterday dragged the dow down by about 121 points that was a decline of just 0.4%. the s&p was down by 1.3%, and the nasdaq was down by 2.7%, that's the second day in a row that you have seen the biggest hit taken on the nasdaq. in fact, the nasdaq over the last two days down 2.7%, down 1.7% the day before, and that's the biggest two-day loss we have seen in two months among the big losers, you had netflix down by 5% apple, amazon, microsoft and alphabet each of those stocks down by more than 2% technology stocks have taken it on the chin. this morning, you're seeing some additional pressure across the board. if you take a look at the u.s. equity futures at this hour, you're going to see that the dow futures are down by about 120 points below fair value. s&p futures down by about 21 and the nasdaq down by 95 and guys, a big part of this has been this rapid acceleration that we have seen in treasury yields once again. yesterda

. >>> good morning welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen andrewow with the worst performance in two weeks on friday it was a decline of 230 points this morning, it is indicated down again by 89 point

i'm becky quick along with joe kernen and andrew sorkin the dow is up by 142 points.impressive week last week for the dow. the dow up 4% last week. the best weekly performance since november of last year. the dow and s&p 500 closing at record highs and the russell

morning welcome to "squawk box" here on cnbc i'm becky quick along with andrew ross sorkin and joe kernen anymore done on the four day is three different from four when it comes right down to it >> yes, yes, yes. >> what if we offered to work another hour a day do three days? >> yeah. probably not going to work >> the new york stock exchange will never. >>

welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew ross sorkin.dy. we're going to start with the markets. st. patrick's day you got green on, don't you? >> i do. >> or is that purple >> no, i've got green going. it's gray with green lines on it to celebrate >> i could easily done that, i totally forgot >> and i got my socks on >> whoa. >> green socks >> wow those are too close to the

welcome to "squawk box" here on cnbc i'm becky skwik along with joe kernen and andrew ross sorkin.y, end of the trading -- end of the month in the quarter, forget about the trading part on that you'll see that the dow futures are down by 54 points. yesterday, the dow was down by triple digits.

while ♪ >> good morning, everybody welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen to start with the markets this morning joe mentioned yesterday's rally. it was a biggie. the dow and nasdaq posted its best trading day since november, and the s&p since june if you were watching this, it was something to see joe talked about the 600-plus point rally for the dow. the dow was actually the least of the movers in terms of a percentage term, for the s&p up 2.4%, and the nasdaq up by about 3% it was the energy and the financials that were helping power the markets higher also tech stocks getting back a good portion of their recent

. >> they definitely are look who's in, joe kernen in the half >> welcome to the halftime report i'meration and for the reflation trade. your next money move with our investment committee, consisting of joe shannon, chief investment officer at boston private wealth and last but not least, kevin o'leary. the dow and s&p having the biggest gains of the year. the nasd

i'm becky quick along with joe kernen and andrew ross sorkin, and we're going to start with the markets dragged the dow down by about 121 points that was a decline of just 0.4%. the s&p was down by 1.3%, and the nasdaq was down by 2.7%, that's the second day in a row that you have seen the biggest hit taken on the nasdaq. in fact, the nasdaq over the last two days down 2.7%, down 1.7% the day before, and that's the biggest two-day loss we have seen

>> good morning, everybody welcome back to "squawk box" here on cnbc i'm becky quick along with joe kernen just checking things out, guys, having some issues with the prompter right now, but we're going to start with the markets like we always do. let's check things out yesterday was a steep day of declines for the nasdaq. you're going to see it

welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew ross sorkin.e markets down about 3% from the highs if you're looking at the dow or s&p 500. down about 6% if you've been watching the nasdaq. you see this earning month that we are looking at some pretty significant gains. dow jones industrial average indicated up by 335 points the nasdaq indicated by up 195 points the s&p indicated by up by 43. i don't know if there's a real reason happening here other than the j&j news, that we'll talk

i'm becky quick along with joe kernen and andrew ross sorkin.his morning with the money. it is about the money. let's talk about the markets, the dow surged by 460 points in yesterday's session. that was up by 1 1/2%. this is the first time the dow closed above 32,000, and it has been up for four sessions in a row. the s&p up by half a percent the s&p is in 1% range of its record close but the nasdaq was actually down yesterday. didn't share in the gains. it slipped by about 5 pouints after tuesday's 3% rally the nasdaq indicated u

this is for roblox, guys good morning, welcome to "squawk box" on cnbc i'm becky quick along with joe kernenlox, a bill day we're going to start with the markets this morning after investors poured back into popular growth names yesterday it was really something to watch. you had to keep this going all day long the nasdaq was up by 464 points. that's a gain of 3.7%. that was the nasdaq's best day sinc

i'm becky quick along with joe kernen and andrew ross sorkin. and we've been watching the u.s. looking pretty good if you're a bull dow futures indicated up more than 200 points a gain of 213 right now, and this comes after a down day for the markets yesterday. the dow was off yesterday i think it was by about 140 points, give or take some. it was the best performer, though it was only down by less than

i'm becky quick along with joe kernen and andrew ross sorkin, and we do this every day, but this daybly heard this yesterday, but rising bond yields pushing stocks lower yesterday after fed chair jay powell expressed a little worry about inpoliceflation, and provo indication of policy changes ahead. >> businesses and people would need to believe that larger increases in prices would be repeated year after year, and we think it's unlikely that the low inflation would suddenly change. the effects like the ones i described would be one time effects.

welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew ross sorkin.e're watching u.s. futures as already yesterday was a bit of a mixed day for the markets. you actually saw the dow close higher another new record up by 100 points s&p and nasdaq down. s&p just barely but the nasdaq does come under fresh, down by 79 points. this morning, that trend is continuing the dow futures indicating up 78 points or so s&p down by a point. nasdaq indicated down by 62. of course, the treasury market really something to sit up and pay attention to the yields at this point for the ten-year sitting at 1.763% so, we've been in that very tight range, that goldilocks range that the markets like. 1.6 to 1.7, you go beyond that range, everybody pays attention. right now, 30-year at 2.45%. and two-year down to 1.154%. let's bring up the "squawk" stack. so many stories in this. we had a discussion what it would wind up looking at we'll keep it now for the dow futures, nasdaq and the ten-year because that action could very well drive the nasdaq. and see if the dow continues t

i'm andrew ross sorkin along with becky quick and joe kernen. take a look at u.s. equity futures. ow looks like it will open up 183 points higher, nasdaq up about 280. s&p 500 up as well this is what's important to squawk we're calling the squawk stack joe board to squawk stack. the important numbers to know. bitcoin at 54,000. 10-year note of 1.53 everything you'd need to know. gamestop at $219 look at that >> you remember the sorkin fair value screen that we used to use. >> i do. we do it every day now we have the squawk stack this is good. >> i like the squawk stack i don't want to take credit and blow my own horn, so to speak, but i like that. >> never blow your own -- >> no, i would never -- no no andrew, glad you like it glad you like it. >> i love that board i still ten years later love the implied open that we do the math for and for the viewer and me. it's helpful >> get out of here meantime, a couple of big headlines to tell you about this hour plenty of stocks to keep an eye on this morning with the stock -- with the markets i should say poised to bounce back one of them

becky quick is here clapping along with the music >> got to clap at that point >> not clapping joe kernen nasdaq up 72 and the s&p 500 looking to open about 13 points higher becks? >> thanks, andrew. >>> now that president biden has signed his covid relief plan into law, the administration is turning its attention to the nation's ailing infrastructure members of the senate and the house are to discuss bipartisan ideas. the question, of course, will all be how it will be paid for and that still remains one idea the president has floated, a wealth tax on those making over $400,000 joining be us with more on this is congressman josh gottheimer of new jersey. also pennsylvania congressman brian fitzpatrick who is the vice chairman of the problem solvers caucus he serves on the house transportation and infrastructure committee both have met with members of the senate and house gentlemen, welcome to both of you. let me just ask, josh, i'll start with you, is bipartisan a plan that will actually make it when it comes to infrastructure? >> i actually believe this is one of the key areas where you

i'm becky quick along with joe kernen and andrew ross sorkin, and we do this every day, but this dayeed to get right to the markets you probably heard this yesterday, but rising bond yields pushing stocks lower yesterday after fed chair jay powell expressed a little worry about inpoliceflation, and provo indication of policy changes ahead. >> businesses and people would need to believe that larger increases in prices would be repeated year after year, and we think it's unlikely that the low inflation would suddenly change. the effects like the ones i described would be one time effects. >> in other words, prices in the next couple of months will look high, but only when compared with last year as the pandemic was taking hold and inflation pressures fell through the floor. remember, oil prices went negative last year, so they're saying, there is a little bit of catch up to be had here. the ten-year yield jumped on powell's comments, and you can see right now it's at 1.475% that's about ten basis points above where we were at this point yesterday. all of that put pressure on stocks bec

morning welcome to "squawk box" here on cnbc i'm becky quick along with andrew ross sorkin and joe kernen on friday, you saw strength across the board you saw the dow and s&p and dow transports close at record highs. dow up 453 points and up for the week which is the third of fourth times it was higher nasdaq up on friday, but down for the week that puts it down five out of six weeks. this morning, you are seeing pressure that we will talk about quickly about why this is coming the huge margin calls out there. dow futures down this morning by 137 points s&p futures off 16 the nasdaq indicated down by 32. last week on friday, we did see treasury yields move higher. the ten-year is sitting at 1.657% staying in the range 30-year is 2.36% it is good to see you, andrew. welcome back >> good to see you to spend the weekend on the phone with these folks wall street has been on edge trying to understandwhat is happening. let's talk about it. this developing story is causing ripple effects ar archegos forced to sell $20 billion in stocks friday the firm hit with margin calls forced to liquidate $2

it is really what joe kernen canned me this morning, nasdaq, equities, spiked rather aggressively andde sense because they're looking at the antagonist to both growth and value stock,higher interest rates, you could argue one more than the other, but the point is as you look at two weeks of 10, it looks to me like we're starting to roll over a little bit. look at that two-week chart. you might be saying, scratching your head, what is he looking at that makes him think we're going to roll over a little bit. i'll tell you. >> the chicago board of trade used to love to look at and that is the knob spread and we'll get to that in a minute, and once you see how important this 1.53 level may be here is a mid type of chart that spike right in the middle of chart was a 1.53 close, that was the 25th of february, right before the fed meet, and if you look at every major sovereign across the world you'll find that most of them just couldn't take out that high to the upside, we did, we're coming back below that. losing a bit of momentum there we can see that relative to other sovereigns 10s were

. ♪ ♪ >>> good morning welcome to salty bucks i'm becky quick along with joe kernen good morning getr microphone ready. checking out the futures this morning. here we go >> it moves around >> it does it does. slippery especially with the silk tie check it out dow futures are under pressure down by 150 points this comes after the update for the markets yesterday. the dow up by 103 points yesterday. a modest gain with the s&p and nasdaq that was in large part because of what we are seeing in treasury yields. s&p off by 19. treasury yields fell this morning, the yield is down 1.642% really below the call a few weeks ago, joe >> right where it was. actually that day when it was 1.6. it actually went down after the call a couple of basis points are you -- i have some ideas for the "squawk stack. >> i hear. what are you thinking? >> santolli is here. i almost tapped in to you for your expertise the journal talking about investment grade corporate debt is performing miserably. i added crude. the reason i added crude is because it is now 4% and european stocks are down germany extended the c

welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and mike santoli.rew is off today. mike, glad to have you again today. thanks for being here. >> good to see you, bec. >> good to see you let's check out equity futures at this hour you're getting back the ground of stocks lost yesterday the dow is up over 1 00 points but yesterday it was down by over 300 points this came on concerns over what happens with the reopening. are you going to see it or a delay. or some sort of a setback as we've seen the lockdowns that we talked about yesterday extended in places like germany oil prices had been down on that news the dow yesterday was down by just about 1%. this is coming as you awe industrials, materials stocks down caterpillar in fact was down 3.4% that was a big drag on the dow yesterday. the dow up by 300 points s&p futures up by about 15 points nasdaq up 121 points after losing 150 points yesterday. it was a big disappointer. as it was down by 1.1% let's take a look at what's happening with treasury yields ten-year yielding 1.6% definitely under contro

we want to welcome a very special guest, our own joe kernen joseph. >> yes yes.been here but i did get to talk to david tepper at length last night. he more or less initiated the conversation based on the market action that we saw on friday on the lows he described his stance on the markets as there's an aviation term where you push the throttle all the way to the wall and there's these little knobs and they go to the wall but we're not going to say that for some reason, fine with me, but he said on the lows on friday he pushed it through the wall now he got bullish for a very specific reason and it gets a little bit arcane. tepper is a guy that -- he's -- he'll go with the crowd when he needs to but he can also be very contrarian this is a contrarian call based on what happened in japan on friday kind of interesting. the yields in japan fell after the bank of japan's gaovernor didn't say that they were going to widen the ban on the japanese government bonds on the 10-year. david's point is that for five years, more than five years the japanese have been net sell

welcome to "squawk box," this is cnbc, i'm becky quick along with joe kernen and andrew ross sorkin,oing to talk about the art and beeple in just a moment, but we're going to start with the markets this morning. the dow hit an intraday record high during yesterday's session. it closed higher by 188 points the s&p was up by 1% it closed at a new high, but the nasdaq was the biggest gainer. this is what we have been watching all week. yesterday, the nasdaq was up by 2 1/2%, technology kind of stepping back. nasdaq has been up big two out of the last three sessions check out the big moves we have seen for the nasdaq just over the last seven sessions. that index is up 1 1/2% for the month of march still more than 5% from the high that we saw back in february this morning, a little bit of a different picture. you see those big swings there, up 400, down 300 big swings if you want to take a look this morning, it's more of the same in terms of the big swings nasdaq is down by 207 points s&p down by 23, and the dow is relatively flat. it's been the dow that has really outperformed in some ca

i'm becky quick along with joe kernen and andrew sorkin the dow is up by 142 points. this is after an impressive week last week for the dow. the dow up 4% last week. the best weekly performance since november of last year. the dow and s&p 500 closing at record highs and the russell 2,000 and the dow transports not the same story with the nasdaq nasdaq down 6% from the all-tim high there is no sector more than 10% from its 52-week high. that tells you about how far we've come and how fast in the last year since the lockdown when you saw the huge dropdowns in markets we should take a look at treasury yields. on friday, the spread between the 10-year and 2-year reached 147.6 basis points the highest since september of 2015 the 10-year is 6.14% as joe mentioned, bitcoin surging over the weekend the move on saturday is the first time the price topped $60,000. it surged above $61,000 before pulling back in a big way. down 7% this morning drop of $4,200 5 55,733 is the last change. we have to bring up the stack. i forget where we left it on friday the "squawk stack." >> this