the s&p and nasdaq also enng the quarter in the green and anher daily cord for the nasdaq.ybody, happy friday, i'm david asman. melissa: i'm melissa francis this is "after the bell." we have you covered on all the big market movers. here is what else we have for you at this hour. president trump taking steps to crack downn

nasdaq composite index up 10%.oubling the other benchmark averages that we follow on a regular basis, the dow, the s&p 500. leading nasdaq, technology, technology is leading the broader markets. big name headliners hitting new lifetime highs themselves. send it back to you. see them on your screen there. liz: lori, yes, thank you very much. we're watching the nasdaq level so stay with me. >>> meantime so-called ainge stores of malls like sears and jcpenney are disappearing. even small staple bebes closing all its brick-and-mortar stores. with malls suffering, what fools like a retail ice age, why is my next guest saying buy? he is gradient investment senior portfolio manager michael binger. you're worming up during an ice age? make your case. >> i got to tell you the whole death of brick-and-mortar retail thing is way overplayed. i understand e-commerce is starting to take over but i still like to go see a tie and put on a jacket, that kind of thing. i think people will. retail is pretty cyclical. it goes up and do

nasdaq. >> stocks steadied after yesterday's sell-off but are there cracks in key areas of the market? >> sears once dominated retail. now it is under sure whether kit stay in business. >> locked out. why perspective buyers are having a hard time becoming homeowners. >> good evening. welcome. the focus is on fundamentals. bond yields, toil market and the transportation business which is the back bone of american commerce. but not all investors liked what they saw and that lack of enthusiasm translated into a bit of a tug-of-war on wall street. the dow jones industrial average off 6 points to 26,661. nasdaq rose 27. the s&p 500 gained 4. the focus domestic markets was so strong that investors shrugged off the deadly attack outside british parliament, an attack police are treating as terrorism. where some cracks may be forming. >> the stock market weakness highlights a few of the sxoinlts concerns that traders and investors have about what's happening in the overall marketplace. and there's a l

nasdaq. >> stocks fall hard posting the biggest drop of the year. investors worry the gop's health plan. >> competitors stepped up the game in the very lucrative sports apparel industry. >> secretaries acts. why the new retirement may be to not retire at all. those stories and more on "nightly business report" for tuesday, march 21st. >> welcome. it was the worst day of the year. investors grew skeptical about how quickly things can get done in washington. president trump was on capitol hill today to help sell the republican plan to overhaul the health care system. concerns that the gop will not get the votes needed is adding to dpout the pro growth policies will get pushed through any time soon. mixed in. a down day for financials and questions about interest rate policy and you have a recipe for a sell-off. and the months long streak, well, it was broken today. the dow jones industrial average tumbled 237 points the 26,668. nasdaq was off. the s&p dropped 29. >> it was a sea of red today. w

nasdaq stays positive.was a trend we saw yesterday where the nasdaq outperformed all three major averages, thanks to strength in tech names like amazon and apple. dow futures down 15. s&p is down 2. heading into the final two trading days of march. positive month is still a possibility for the s&p, within 2.5 points of break even. nasdaq positive for the month. the dow down more than 150 points to the down side for the month. we'll see if we can get another positive month. it would be the fifth in a row. global stocks looks to wrap up their best quarter since 2013. early currency market reaction, the dollar has been a big tell for stocks. strong dollar, higher yields, better stocks, that's sort of been the trump trade and unwinding a bit lately. it is firmer against the euro 167 1.0733. the pound at 1.2440. >> the trump administration has reportedly told congress it plans to pursue a $5 billion sale of f-16 fighter jets to bahrain. the deal was held up last year on concerns about human rights. reports say t

this is a chart showing the performance of the dow, nasdaq, and s&p in the first quarter.ll. the dow for the month of march is going to finish lower, but for the quarter, up about 4.5%. the s&p up a little more than that, and the nasdaq was the real standout with a gain of roughly 10%. this is the sixth consecutive quarter that the s&p has been higher. that has not happened in a decade. so overall, first quarter, good numbers there. oil, real tug of war, opec cutting production, u.s. producers producing, and the ring count today from baker showed an increase of 15 rigs coming back online here in the u.s., and we saw the price of oil drop from around $56 a barrel at the beginning of the year, got down to $45 and change. $50 right now. we'll see how it does going into the second quarter. same thing for the ten year note. as expected, the fed raised rates in march, but the yields have gone lower here, and while we were at 260 for a brief period, we're down to 240 or thereabouts, and, bob, look at the evacuativix, a three year p talk about sideways action. >> in february, we h

lauren: a record for the nasdaq, u.s.ck market futures are looking down this morning, dow down 43, s&p down 6. nicole: mcdonalds tries a fresh new approach for quarter pounder, but will it bring customers in we have that story. lauren: historic relaunch and successful landing of the falcon rocket, dramatically lower the cost of space travel. nicole: march madness comes to ahead, we will run down the unusual final four match-ups and why did these baseball players had to hit the deck in we are going to explain that one for you. lauren: 5:01 a.m. in new york. welcome to fbn:am, first look at morning markets, breaking news and what to expect for the day ahead. nicole: former national security adviser mike flynn is in discussion with intelligence committee as well as the fbi on receiving immunity from prosecution in exchange for questioning. flynn is part of ongoing informations on possible context between trump's presidential campaign and russia. flynn issuing a statement, no reasonable person who has the benefit of advise fr

nasdaq down four. lea: stocks in japan fell as the currency failed to give exporters a boost in china come to shanghai composite fell amid worries in real estate prices. lauren: shares getting hammered down 17% here here's the question. ours ring leggings really that boring? could be. we'll take a look. lea: biased amazon cto jeff bezos. lauren: the oklahoma thunder to an overtime win over the event of magic. blues clinch a playoff spot with a win with a winner for the arizona coyotes. lewis highlights. lea: is 5:01 a.m. here in new york. welcome to "fbn:am," your first look at morning markets and breaking news. good morning. lauren: good morning, everybody. a federal judge in hawaii decides to extend his order blocking president trumps revise spin. the temporary order is extended until the state lawsuit is resolved. hawaii's attorney general says the judges decision affirms affirms values of religious freedom. >> the point that is making on the core premise that you could be looking at the document. l

here in the u.s., on the nasdaq for instance, israel leads all the other countries in the world on a per capita basis. it is more than two times the number of ipos on the nasdaq versus canada, and it is more than 100 times on a per capita ipo's out ofber of china.

nasdaq. for several centuries, scotland was ruled from london. parliament hadn't met here since 1707. recently, the scots voted to bring their parliament home, and london didn't object. in the year 2000, edinburgh resumed its position as home of scotland's parliament. scotland's strikingly modern parliament building opened in 2004. the catalan architect enric miralles mixed bold windows, wild angles, and organic themes into a startling complex that would, as he envisioned, "surge from out of the rock and into the city."

and nasdaq 100.oth are up 12% on the year, being helped out by tech. bottom in yellow is the dow, up 5%, and the s&p 500 in aqua up 6%. those indexes are dragged by financials, which have lagged over the last two weeks. but tech is super strong. it will be interesting to see whether or not the s&p 500 and the dow can catch up to the nasdaq. cory: it is interesting because of this correlation. you would think without qe you would see more separation between good companies and bad. abigail: rising tide lifts all boats. cory: until it doesn't. pinterest is not a stock yet but that it has set its sights on theyer source of revenue, have a new program, pinterest propel. the goal is to attract small and medium-size business to the platform. pinterest diversifying its advertising business, maybe getting ready for an ipo. a target of more than $500 million in revenue for this year. joining us from san francisco, the president of pinterest, tim kendall. talk about ad units. this is not understood outside the

nasdaq. >> obamacare is the law of the land. it will remain the law of the land until it is replaced. we didn't have quite the votes to replace this law. >> bill pulled, house republicans yanked their health care bill minutes before it was up for a vote leaving people scratching their heads. >>> why some investors may be getting cold feet. >> grid lock on the ground. what's being done to alleviate traffic on the tarmac? the "nightly business report" for friday, march 24th. >> good evening. what a day it has been. drama in washington. minutes before the republican health care bill was due for a vote on the house floor. leadership pulled it. unable to garn he enough support and marking the first legislative set back for the trump administration and house speaker ryan. speaker ryan now telling fellow republicans, they're moving on but it won't be easiful. >> yes, this does make tax reform more difficult but not impossible of we will proceed with tax reform. we will continue with tax reform. that

nasdaq. >> vital signs. which industries win and which lose. under the new gop health care plan. >> digging deep. why key players in the multibillion equipment manufacturing industries are gambling on a better future. >> women on wall street. one of the biggest asset managers wants more women in the board room and it is using the iconic bull on wall street to get its point across. those stories and more on "nightly business report" for tuesday. >> good evening. welcome. washington, wall street and main street were all focused on health care following the release of the house republican plan to replace the affordable care act. as we reported last night, insurers will still cover people with pre existing conditions and allow children to stay on their parents' plans until the age of 26. the big change, tax credits under the new plan are based on age and get phased out with people with higher incomes. on obamacare, the cost of your insurance determines your tax credit. here's a look at the winner

nasdaq. >> new priorities. president trump wants more money for defense and less for other departments and programs. as he tries to reshape the federal government. >> political heat, why health care's middle men are at the center of the debate of drug prices. >> paying you back. can your dividend stocks thrive as interest rates rise? those stories and more tonight on "nightly business report" for thursday, march 16th. >>> good evening, everyone. welcome. president trump released a more thanned 1dz trillion budget blueprint today. the proposal reflects the administration's stroigs remake the federal government. it includes a $54 billion increase in defense spending. it cuts funding to the environmental protection agency by 31%. the state department by 28%, the departments of labor and agriculture by 21%. it also completely eliminates funding for smaller departments and programs, among them, the national endowment for the arts, the corporation for public broadcasting, the global climate change initiative and othe

nasdaq. >> federal agents search caterpillar's headquarters and shares crumble. >> snap and pop a messaging app that was once written off is now worth about $35 billion and there are a few reasons why investors scooped up the shares. >>> a sellers market. why timing is everything for the fastest home sale at the highest price? those stories and more tonight on "nightly business report" for thursday, march 2nd. good evening i'm sue herera. >> and i'm bill griffith in tonight for tyler mathisen who is on assignment right now. a rather unpleasant surprise for shareholders of caterpillar today. global industrial suffered their biggest decline in eight months after law enforcement officials raided three of the companies facilities including its headquarters in illinois. certainly something that no shareholder wants to hear about. in response the stock fell more than 4% today making it the worst performing member. morgan brennan tells us what we know at this point. >> reporter: it's a knock on the

nasdaq. >>> setting the stage. job growth defies expectations and wages rise. now it's the fed's turn. >> where the jobs are. one industry where hiring might be accelerating to full throttle. >> the accidental landlord. they didn't plan on the way office spaces rented but they did. those stories and more for "nightly business report" for friday, march 10. >>> good evening. welcome to the end of the week. it is official. the american economy created a lot of jobs, many more than expected. the gains were broad in sectors all across the economy. the employment rate did tick lower. wages moved up to the second highest year to year rate at the current economic expansion. for the month of february nonfarm pay rolls increased by 235,000. the unemployment rate is now at 4.7%. a level very close to what the central bank considers full employment. and average hourly earnings were up .2% from the prior month but 2.8% from a year ago. the report comes days before federal reserve officials make a big poli

the nasdaq added 43 and the s&p 500 gained 19. hampton pearson takes a closer look at the fed's interest rate decision. >> inarguably, one of the most trans parent moves in the reason memory, the federal reserve committee raised interest rate points by a quarter point. it is the second rate like in three months. monetary policy makers cited a stronger labor market and improving overall economy as the primary reasons for the like. >> the simple message is the economy is doing well. we have confidence in the robustness of the economy and its resilience to shocks. the rollover of the last several years. we've created since the unemployment, around 16 million jobs. >> the central bank's outlook for growth changed little. policy makers predicting 2.1 this year and next before stloipg 1.9% in 2019. fed chair janet yellen signaled the most likely scenario sees rates changing three times this year. in recent weeks, fed streak and stronger economic data raised concerns among market watchers there might be four rate likes this year. >> poli

nasdaq. >> hiring surge. the private sector added nearly 300,000 jobs since february, shattering expectations and raising the stakes for the federal reserve. >> digging in. details on a new report accusing cat pillar of deliberate fraud. >> plugging in. how tesla's battery pack are generating power for the island of kauai. those stories and more for tonight, wednesday, march 8. >> good evening. welcome. a blowout month for private sector job creation. the nation's employers went on a hiring spree in february, beefing up pay rolls by a lot more than expected. private pay roll processor adp says 298,000 jobs were added last month. the estimate was for 188,000. that makes february the third best month for job growth since the recovery began back in 2009. now as steve reports, the bar is high for the labor department's report due out friday. and of course, next week's meeting of the federal reserve policy makers. >> it's the jobs market getting a trump bump. economists are trying to figure out whether it is a tem

nasdaq. >> ready, set, hike. the fed starts its meeting where it is widely expected to raise interest rates tomorrow. the question is, is this the first of many? we will ask the experts. >> and foreign affairs. tomorrow's dutch elections are the first of many overseas even events. >> health decisions. which companies win and lose in the gop's new health care plan? all that and more on "nightly business report" for tuesday, march 14th. >> good evening. welcome. well, today's snow flakes on wall street could give way to tomorrow and a flurry of interest rate likes. federal reserve policy makers began their two-day meeting today. tomorrow, they will issue their decision on rates and given recent upbeat economic data, many expect the central bank to raise rates for only the third time in a decade. to get their outlook for the economy, the rates and the stock market. >> at the beginning of 2016, the fed forecast four rate increases. it ended up liking just once. now it is projecting three rate likes. is the forecast a

nasdaq. >> this is "bbc world news america." funding of this presentation is made possible by the freeman foundation, newman's own foundation, giving all profits from newman's own to charity and pursuing the common good, kovler foundation, pursuing solutions for america's neglected needs, and aruba tourism authority. >> planning a vacation escape that is relaxing, inviting, and exciting is a lot easier than you think. you can find it here in aruba. families, couples, and friends can all find their escape on the island with warm, sunny days, cooling trade winds, and the crystal blue caribbean sea.

the nasdaq fell by 36. the s&p was down 6. for the month, the three major averages posted gains of about 3% to 4%. >> the big event for investors come tonight. his speech intended to outline his vision for the country. for investors, that means how he intends to boost the economy and business. what are some of the big themes the president will likely touch on tonight? >> well, you mentioned the purpose of tonight is for the president to set the table for the agenda for his administration and its congressional counter parts which will be tasked with turning much of his agenda into law. or putting it on paper. here the broad strokes that we're expecting to hear. first expect heavy focus on the economy, the trade deficit. companies bringing jobs back to the united states and incentives for companies that may have yet to do so. then the conversation will turn toward national security in a white house until said expect immigration to figure prominently in that part of the speech. unclear how much detail the pleasant give about fort

the nasdaq was up 9. for the week, all the major indices were hire. >> economically speaking, the services sector saw its strongest monthly growth in nearly a year according to the institute of supply management. activity in the largest part of the overall economy was stronger than expected in february. the reason increase in boat the services and the manufacturing sectors could signal that business investment will start to pick up after a recent downturn. >> rework some trade deals has become a big issue for the economy and for american workers. today, the commerce secretary promised to take a proactive role to make sure the us is get going deals globally. in his first interview sense being confirmed, he told cnbc that his primary focus will be promoting exports. >> it would be aggressive on trade. we know that the deals made historically have rutd in the great loss of manufacturing jobs, a great. a closures of manufacturing businesses. we don't want that to continue. so the first emphasis will be on fac

let's look at stock futures, dow futures lower by 35, s&p by 6, nasdaq by 13.atching "fbn a.m.," your first look at morning markets and breaking news. ♪ just go on ♪ i need you ♪ just go on ♪ i need you ♪ just go ahead ♪ >> do you play video games? after the prerelease both, the nintendo switch begins today. one of the big attraction to two gadgets in run, a console that can be used with your tv and be detached and used on the go but there won't be a ton of games, 10 titles are being released with the switch today. it sells for $299. the company hopes the switch does better than the we you, that was released five years ago and it was the worst telling nintendo console ever. warner: the latest from the world of sports, golden state warriors founding life without kevin durand is not easy. the first game since he is at his leg, 94-87 last night. clay thompson had 13 but the two hit just three of the combined 3-pointers, golden state's regular-season streak of 146 games without losses but the warriors got good news. the rent is expected to return to play this seaso

the nasdaq is better by i think i have an incorrect number the height of the nasdaq is 50. you're really bumping up against ceilings here. we hope that they were invested in stocks. even if she doesn't that the data is looking better. just moments ago she talked about why they wanted to remain flexible because as you said the data hasn't changed that she said this later as the economy that is doing well. you have have confidence in the robustness of the economy. it is that rollover. you have created since the unemployment after the financial around 16 million jobs. you are the guy that knows the fed better than anybody. what stock do they believe. >> i think the bottom line is i follow what she said in the final answer which is that they are doing pretty good about how the economy is doing right now triumphant is probably too strong of a word but they feel like after all of these years of trying to reach their goals and getting the and implement rate down and getting inflation to tell you the truth she is also she's also a little bit relieved. it is doing its job. they have

higher for the nasdaq.k of a 0.7% gain for the dow and s&p yesterday. 0.6% gain for the nasdaq. a day where financials led the bounce back. that was because yields did recover. there is the ten-year for you. 2.41% today. the pound, quick look at that, basically flat on the day. article 50 is invoked. that's it for "worldwide exchange." "squawk box" is next."s awk box". you get used to food odors in your car. you think it... ...smells fine, but your passengers smell this bell dinging new febreze car with odorclear technology cleans away odors... ...for up to 30 days smells nice... >>> good morning. the bulls bounce back in a big way. the dow snapping an eight-day losing streak and getting back most of what they lost. full market rundown straight ahead. >>> british prime minister theresa may signing article 50. that's a letter that officially triggers the two-year brexit process. >>> and the rise of the machines. more to worry about here. though i think watching the picks of most humans this is probably a goo

the nasdaq by 5. yesterday we were essentially flat, slightly higher nfor the s&p and the nasdaq. the big faller. investors did not warm to the 5 $15 billion takeover. also a sense yesterday, as we were flat, that there was a wait and see mood among investors. bank of england, bank of japan. nordic national bank. the big one being the fed. we did not move much yesterday. not expecting huge moves at the moment. the ten-year treasury note crossed back above 2.6% yesterday. it stands at 2.62. >> we have some sterling strength, but first the major winter storm underway in the northeast. many cities declaring a state of emergency. jay gray joins us live from new york's central park with the latest. good morning. sn . >> i'll step out of the way here for a second to show you the only traffic going on right now, snowplows that are moving through, trying to stay ahead of what is a monster storm here. that will continue throughout the day as this storm that moved in overnight only plans to intensify through the morning and into the evening. we'll see snow falling for several hours here, as

nasdaq. >> high stakes visit, president trump meets with angela merkel and resolve tensions over trade. >> a new drug. it's raising a new debate about cost. >> lost and found. a few working moms had a simple idea to help keep track of things their kids kept losing. and they turned it into a multimillion-dollar business. those stories and more tonight "nightly business report" for st. patrick's day, friday, march 17. >> we begin in washington where the head of the largest economy met with the head of europe's largest. president donald trump hosted angela merkel at the white house in their first face to face meeting. they discussed jobs, business, security, and at an afternoon news conference, the focus was trade. >> i am a trader. i am a fair trader. i want to see good for everybody worldwide but i am not an isolationist by any stretch of the imagination. >> earlier both american and german, they held a round table discussion on how companies can better train workers. why was this meeting impo

and nasdaq 100 up12% on the year, being helped out by tech. bottom in yellow is the dow, up 5%, and the s&p 500 in aqua up 6%. those indices are being dragged by financials which have lagged over the last two weeks. super strong. it will be interesting to see whether the s&p 500 and the dow can catch up to the nasdaq. cory: it is interesting because of this correlation. y would see more separation between good companies that bad. abigail: rising tide lifts all boats. cory: until it doesn't. pinterest is not a stock yet but it has -- has it set its sites on a new program, pinterest propel. to attract small and medium-size business to the platform. diversifying its advertising business, maybe getting ready for an ipo. joining us from san francisco, the president of pinterest, tim kendall. talk about ad units. this is not understood outside the world of advertising, that stand arising -- standardizing an way for an ad to appear so important. tim: it is useful to understand exactly what pinterest is. app people used to design a life. what am i goi

all it takes is a sp nasdaq.

s&p down 5.5, nasdaq down 14. the nasdaq outperformed everyone this month.he s&p went flat yesterday to higher in the trade. the dow still down for the month of march. as for the ten-year treasury note yield, ticking higher yesterday. bonds selling off. you saw that healthy financials, the industrials, that whole trump rally back on when yields started to tick above that 2.42 level where we sit this morning. >> the story for u.s. equities over the course of the week, they are higher, around about a percent. for the quarter certainly higher. for the month we have the dow in negative territory. the other two slightly positive. certainly a more lackluster end to the quarter than it began. a lot of mick data out of asia. japan's consumer price rising 0.2% in february in line with forecasts. household spending fell 3.8%, missing estimates. japan's february jobless claims declined to 2.8%, the lowest rate in two decades. in china, official manufacturing pmi 51.8. services pmi stronger than expected, 55.1. looking at asian equities this morning. a soft end to the w

the nasdaq is managing to outperform snap.p a handful of buy ratings from analysts have helped their share at 5%. amber rudd says whatsapp should open its encryption to intelligence services. the london attacker used it shortly before his attack. it was access to the encryption data. corporate customers, last year, rocking the iphone tied to the terrorist attack in san bernardino. it was without apple's software. joining us is michael, partner at the privacy and security practice. talk to us about the desire of government to get into the messaging -- especially the architecture to make it impossible. michael: what they are trying to do in the united states and europe, they have been trying to do with the issue of whether or not they should legislate some type of fix to require companies to install some type of backdoor into the technology of course, that has raised serious questions in terms of the technology manufacturers about whether a backdoor is truly safe. does that leave their clients vulnerable to other malicious actor

the nasdaq up 72 points. more optimistic sounding president trump the day after he addressed a joint session of congress. analysts say he earned some political capital even know his speech was short on details. joining us here is join wise and -- joe weisenthal. joe: -- david: what is the market sense of timing when it talks to getting stuff through congress? so much was made of this speech, he will finally deliver some meat on the bones and all this policy stuff. he did not really did -- not really do that, but stocks are still up another narrative shift is -- david: chief international economist talks about this, disappointment here, we are getting desperate getting to see that christ in as well people are only happy, -- people are beginning to see that get priced in as well. joe: people are only happy. people are trying to show up and -- people just seem really into something. positivee speech lb a offered her a little detail on any potential fiscal plans, especially on the tax side, especially -- that sho

we are live from the nasdaq market site in times square.kin. u.s. equity 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 dow

nasdaq. >>> spring cleaning. how you can spruce up your investments even as the markets seem frozen will. >> free trade, fair trade. a drop against protectionism while business executives express concern. >> and taking off. why you might have to pack a little extra patience when traveling this spring. those stories and more tonight on "nightly business report." march 20th. good evening. welcome. a new season is here. a new beginning. there are few signs of spring on wall street. stocks barely budged, continuing a trend over the past week or so. comments from federal reserve officials and developments from the weekend's meeting of the group of 20 industrialized nations in europe were not enough to move the market decisively if either direction today. the dow jones industrial average fell 8 points the 20,095. the nasdaq was up a half point. meanwhile the s&p 500 fell 4. >>> despite the frozen markets, it is finally spring and it is also the time of year when many investors look for ways to get

nasdaq is up 18.round the world. we have seen that in asia overnight. the good feelings from the fed with the hong kong index popping 2%. shanghai up 1%. nikkei flat to barely positive. it's also happening that rally in europe in early trade. especially on the periphery of europe, you're seeing more than 1% gains for markets like spain and italy. the german dax is up 1%. >> europe had five positive sessions out of six, if you look at the stoxx 600 index. a bit more resilient than the u.s. coming into the meeting and bouncing nicely today. it will be a decent week for european markets. let's look around the other asset classes. oil prices enjoyed a nice pop yesterday. the softer dollar aiding the oil price rally. wti up 2.4%. it broke a seven-day losing streak. up another 1% today. ten-year treasury note, which slipped. we saw a marked flattening of the yield curve. the two-year did, in fact, move higher. it traded as high as 1.42% during the day on the short end of the curve. the ten-year note well be

nasdaq and s&p up about 4%. despite those slight declines yesterday, we are called higher to start march by 84 points on the dow. the zap by 11, and the nasdaq by 4 points. the bigger market story than that trump speech was the change in fed rate hike expectations. over the last day or two they soared. we're around the 70% level depending which measure you look at. yetted yeed on the t ethe yield 2.41%. it's hardly moved. either way, big expectations of a rate hike. big rise in expectations of a rate hike. >> let's show you the dollar. first place i looked this morning when i woke up. overnight action in the currency, this was the market that was open and reacting first to president trump's speech. the dollar is surging now. if you look at last night and what happened during the president's speech it was on the back burner. it was weaker. not moving a whole lot. a lot to of the strategists saying there was a lack of specific policy. nothing to really upset the markets. he talked about all of his agenda, pro grow

nasdaq down 26 or so. 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 any washington -- white house office aimed at fixing the government with business ideas. called the white house office of american innovation. run by trump's son-in-law and senior adviser jared kushner. the office will work

the s&p slightly higher, the dow and nasdaq slightly lower. despite the fact equities were resilient yesterday, we saw yields slipping which had been part of the catalyst and spark for the declines the day earlier. we went down to 2.4 on the ten-year, hit 2.35% yesterday. the lowest since the 28th of february. just back a that 2.4 level again this morning. that slight slippage of yields yesterday didn't do much to derail stocks. >>> asian markets are ending higher today as well. that's a definite improvement for the nikkei, which lost 2% yesterday. as you can see across the board, the nikkei is up 0.2%. hang seng flattish, but still in positive territory. the shanghai up 0.1%. in europe, the european markets are mixed right now after ending the day in negative territory. there you're seeing the ftse down slightly. the dax up just slightly. just barely into the positive territory. and the cac is off by 0.2%. >>> let's look at the broader markets. oil prices in particular, they fell 0.4% yesterday, the third negative session in a row. fourth neg

we are live from the nasdaq market site in times square.ky quick along with joe kernen and andrew ross sorkin. let's look at u.s. equity 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

the nasdaq is gaining, up 22. nothing muted about facebook and amazon, continued to have monster 2017s. both i hope you own. these tech stocks hitting highs on track for record closes. we have facebook up a half a percent but up nearly 24% year to date. amazon up 15%, it's gaining other 2% today. we got to talk about samsung, hoping reaction to galaxy s 8 is out of the world. the company unveiled new smartphone, a longer, slimmer curved design featuring facial recognition and a siri rival named bixby. samsung needs a big win behind the galaxy note 7 battery controversy. the company's korean-traded stock was up ahead of the launch. >>> let me get to the breaking news. senate intelligence committee, you just saw it, pretty much made a stunning now. look out for tomorrow. it has reached out to 20 individuals, including president trump's son-in-law, jared kushner, and asking them to come testify in connection with the investigation into russia's possible meddling in last november's presidential election. senators burr

the nasdaq is

the nasdaq added 22 and the s&p 500 rose 2.5. so let's genover sin over seas, divorce proceedings officially got under way. now begins the messy proj progress of leaving the uk. steve sedgwick reports from west minster. ♪ >> reporter: the british referendum where the uk decided to leave the european union, the british finally sent their letter to the eu, to the president of the council saying we're enacting article 50 and that actually the divorce proceedings will start placements it's only five short prafts in article 50, but part of that is a two-year time line, a very tight time line for leaving the european union and hoping the british are at least getting a trade deal as welt. >> that is already a thorny issue the eu chief negotiator said we need to sort out the uk's divorce bill, which he estimates is somewhere in the region of 60 billion euros before we can talk about a new trade deal for the united kingdom, mrs. may wanted the divorce bill to move at the same place and the terms of separation, moving with the trade deal a

. —— dow and the nasdaq are both up.overnment has set out how it plans to transfer thousands of eu laws into british legislation. the great repeal bill is how ministers plan to ensure eu law no longer applies in the uk. the bill would get rid of the european communities act 1972. the european communities act 1972 put eu law above uk law. the bill will mean uk parliament can then "amend, repeal and improve" the laws as necessary. it is likely to be one of the largest legislative projects ever undertaken in the uk. with me is oliver ilott from the institute for government. how long will this take? the government only has two years to get through it. it has to take less than that, so yesterday, the government triggered article 50, which begins the process for us leaving the eu. article 50 gives you two years to negotiate a deal with the eu. if you don't get a deal in that time, then you are out. so that puts a time line on these thing, what government is doing today, is it is copying gci’oss is doing today, is it is copying

they've been a huge accelerant to the nasdaq rally. they're great at getting out fraudulent companies and overvalued stocks and sometimes going against the grain of the entire stock market when they think the consensus is wrong. every now and then they'll attack stocks en masse, aang tackle so to speak. if the stocks fail to go down or manage to rally, the shorts can create a stampede when they throw in the towel and begin to unwind their positions by buying back the stocks they sold to close out the trade. that panic buying explains far more of this move than you might expect, particularly in these large capitalization nasdaq companies. it's something i knee about because i've been behind the curtain and lived through the horror of short squeezes where stocks soar on short bets gone sour. let me explain. i don't like to play the break the short sellers game. we made a ton of money at sho shorting stocks in my old hedge fund. i have sympathy for the shorts. as i show in my autobiography, "confeions of a street addict," they can decide

actually, not the nasdaq.blems because of -- once again, i'm reminded nike. that's the lead story today. nike is a dow component. that was the lead story for me. >> news alert, news alert. >> nike's future orders were -- the numbers were great. up 16. >> the earnings were in line with expectations. it was the future orders and concern about what's happening in the retail environment. we saw it hit under armour very hard with future orders down. analysts are nervous. >> those margins were 1.4%. they had forecasted just in december, which really highlights how things have changed in a few months. >> okay. all right. good. i saw this on the way in, in the car. treasury yields, which i've always been scratching my head about, back under almost 2.40. i don't know if they got there or not this morning. 2.40 earlier. they consistently seem to get to 2.6 or close to 2.65 and then that seems to be the high end of the range. with everything we're talking about in terms of gdp, stimulus, infrastructure, tax cuts, all the

and the s&p breaking even, the nasdaq doing a bit better. we'll have more when "squawk alley" comes right back. ♪ approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs. you've learned that taking informed steps along the way really makes a difference later. that's what it means to go long™. call now and request this free decision guide. it's full of information on medicare and the range of aarp medicare supplement plans to choose from based on your needs and budget. all plans like these let you choose any doctor or hospital that accepts medicare patients, and there ar

. —— dow and the nasdaq are both up.eu laws into british legislation. the great repeal bill is how ministers plan to ensure eu law no longer applies in the uk. the bill would get rid of the european communities act 1972. the european communities act 1972 put eu law above uk law. the bill will mean uk parliament can then "amend, repeal and improve" the laws as necessary. it is likely to be one of the largest legislative projects ever undertaken in the uk.

the dow down, the s&p 500 trading up ever so slightly, but the nasdaq amazing -- nasdaq making some gainsthe nasdaq actually on pace to put in a record high. the year, inry of fact. 100, ups the nasdaq almost 12% on the year. in blue, the s&p 500 up 5.5% of the year. big outperformance on the year. not surprisingly, it has a lot to do with biotech and tech. that is the story today, too. some of the big winners for the nasdaq include amazon, alphabet, and facebook. lots of strength for these technology-related stocks and for the internet-related stocks, it could be a bullish initiation of coverage over barclays. have initiated coverage on many of these names. the top pick according to ross sandler in the internet space is amazon. that is really his favorite. not surprisingly, technology is a top gain around the year. 12re is technology up percent, but one of the worst drags today, the financials, which have started to drag more financially. blue,e been down there in up just 1.68% on the year. we see they had been up almost 8%, right behind technology earlier but started to take a leg low,