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pgim investments. tomorrow today. norman, bad news... pgim investments. i never graduated from med school. what? but the good news is... xfinity mobile just got even better! now, you can automatically connect to wifi speeds up to a gig on the go. plus, buy one unlimited line and get one free for a year. i gotta get this deal... that's like $20 a month per unlimited line... i don't want to miss that. that's amazing doc. mobile savings are calling. visit xfinitymobile.com to learn more. doc? >>> our senior markets commentator mike santoli here at post nine. i guess we're up across the board. it feels like we're really not going to be willing to place any sort of bet especially given what happened with the most recent cpi and ppi >> i would say until you see pce, until you get through the end of the quarter and maybe even have to start to get into sort of preannouncements and jobs report. right now the market sort of reveals its sort of bias or path of least resistance which is drift with a slight upward

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pgim investments. shaping tomorrow today. >>> welcome back.e are watching the energy market, and energy is the best performing sector so far this month. joe, you are overweight energy and you have a lot of exposure in energy. >> yeah, the joe eft was carrying 13% exposure to energy come into the end of january, and that exposure was reduced down to 7%, and that's still carrying it at an overweight positioning. why? because oil was in a position where it needed to prove itself, and that's what it's doing, proving itself and breaking out above $80, and the refiners are a remarkably hot trade right now. valero is trading more on momentum than fundamentals, because the crack spreads on the underlying commodity is not representing the strength you are seeing in valero, and it's phillips 66, and if you are going to do something in the market right now, the commodity trade is back. the commodity trade right now, you have them coming off low levels, and the steel trade, and the materials are in a bull market but the commodity trade, copper, precious m

pgim investments. shaping tomorrow today. >>> welcome to "power lunch," everybody. alongside julia boorstin i'm tyler mathisen glad you could join us on this thursday final trading day of the week and quarter for s&p 500. up 10% best in five years and we look at some of the quarter's winners and ask the all-important question can gains keep going i >> and embracing a.i. tools. tried it out wait until you hear demi lovato sing about the s&p 500 play that for you coming up. first a check on the markets dow up, s&p is 500 up a hair nasdaq down 24 points. just a hair. >>> here are the q1 numbers for major averages with only two hours left in the trading, left in the quarter tyler over to what's going on with the markets had a crazy, strong first quarter? >> absolutely. i can't read the numbers they're so small but they're good nevertheless very good. markets have made a strong first quarter. end of last year several firms including wells fargo, nvidia, top picks. worked out stock up 80% first quarter a good decade for some stocks

pgim investments. shaping tomorrow today. rylee! from rylee's realty! hi! it out. says here it gets plenty of light. and this must be the ocean view? of aruba? huh. this listing is misleading. well, when at&t says we give businesses get our best deal, on the iphone 15 pro made with titanium. we mean it. amazing. all my agents want it. says here...“inviting pool”. come on over! too inviting. only at&t gives businesses our best deals on any iphone. get iphone 15 pro on us. (♪♪) at pgim, finding opportunity in fixed income today, helps secure tomorrow. our time-tested fixed income suite, backed by over 145 years of risk experience, helps investors meet their goals. pgim investments. shaping tomorrow today. >>> welcome to "power lunch," everybody. alongside julia boorstin i'm tyler mathisen glad you could join us on this thursday final trading day of the week and quarter for s&p 500. up 10% best in five years and we look at some of the quarter's winners and ask the all-important question can gains keep g

at pgim, finding opportunity in fixed income today, helps secure tomorrow.ncome suite, backed by over 145 years of risk experience, helps investors meet their goals. pgim investments. shaping tomorrow today. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms. unlock support from the schwab trade desk, our team of passionate traders who live and breathe trading. and sharpen your skills with an immersive online education crafted just for traders. all so you can trade brilliantly. >>> welcome back to "the exchange." i'm tyler mathisen. an attack on the bulk carrier true confidence by houthi rebels has killed several members of the crew, according to u.s. officials. meanwhile, the united kingdom maritime trade operations said that the remaining crew have abandoned ship. it is the first fatal strike in the rebel's assaults on red sea over israel's war against hamas. >>> new york governor kathy hochul is enlisting the help of state police and national g

pgim investments. shaping tomorrow today.gs used in weight loss treatments stand out as the biggest global blockbuster, but these treatments require cumbersome injections. with lexarias patented oral delivery technology, early studies suggest a better way. lexaria bioscience. you founded your kayak company because you love the ocean- not spreadsheets. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> 15 years ago this past weekend, a legendary call made on this very program by one of its anchors, the late mark haha haines. take a listen. >> hold on, everybody. we've been waiting for this. >> i think we've hit the bottom, i really do. >> since what has been known as the haines bottom, s&p 500, it's up more than 150%. nasdaq up more than 1100%. they've got us saying the dow, which you guys know i don't like. it's up as well. >> that's kind of how the dow works. i was looking over the weekend. the annualized return f

pgim investments. shaping tomorrow today. welcome back to "power lunch." despite a month-long delay of the application, the rollout has been far from mood -- smith. only 5.7 million fafsa's have been submitted . new york times out with an article, stating that many are now taking the proactive mood -- move. allowing more time for the government to sort the issues out. and the students and parents to make a choice on what the cost might be. joining us, sara. she is the founder of application nation, and the author of sound bite, the admission secret that gets you into college and beyond. there is a lot there, ara. welcome. glad to have you with us. so what has gone wrong? i can tell you, it is mildly frustrating to deal with fafsa and the website. what went wrong? >> yeah. i have the high school senior, too. this is all coming from the supplication act. it is really the fafsa complication app. mistakes in the actual formula, glitches. families were not able to get through the full fafsa. it has caused tremendous delays, both f

pgim investments. shaping tomorrow today. >>> welcome back.oing to stay with the chip sector. a.i., an important component of that as well. the white house announces that intel has been awarded up to $8.5 billion in funded from the chips act, could receive an additional $11 billion. the funding would benefit intel's plans to build chip fabs in four different states. you're going to want to hear what intel's ceo, pat gelsinger, has to say about it all. that will be later this hour. >>> first, though, take a listen to what commerce secretary gina raimondo had to say to jim about the subsidies. that was in an interview that's going to air tonight on "mad money." >> right now, the united states of america produces zero leading edge chips in the united states. we buy 92% from one company in taiwan. that is not resilient. that is not safe. right? that is an overly concentrated supply chain for a critical item, and that's why it makes sense for the u.s. government to provide these subsidies so that these companies make it in america. >> it's a nation

pgim investments. all-america survey are out and steve liesman joins us with the highlights once, tell everyone, these are across the country a bunch of economists >> don't you want to make the joke, joe? >> no, i'm not going to do it. i want to know exactly who are these people >> 1,001 people across the country, all makes and models and all races and everything president biden has pulled just about even with former president trump with the survey, and even while trump holds a commanding lead among voters as which candidate is seen as best in key economic issues. 45% picking biden, and 46% pick trump, and that's a 3.1% margin, so technically it was a dead heat biden saw improvements among those with a college degree, and trump saw his big advantage within a high school education increase biden saw his overall economic approval ratings climb and overall rate climb as well, and it's up from 35 to 39 on the economy. biden has terrible approval numbers on foreign policy, just 30%, and immigration and bord

pgim investments. shaping tomorrow today. business. pgim investments. it's not a nine-to-five proposition. it's all day and into the night. it's all the things that keep this world turning. it's the go-tos that keep us going. the places we cheer. trust. hang out. and check in. they all choose the advanced network solutions and round the clock partnership from comcast business. powering more businesses than anyone. powering possibilities. >>> welcome back. we're going to document some of these moves that amy has made. all are on february 20th. everyone understands that. but we haven't seen new a while. american express, new position. >> yes. >> tell me why you bought it. >> we were looking for consumer exposure, underweight the k consumer. and we were looking at the different categories which led us to american express which is a financial but it's trading at a below market multiple, not well loved that's where we went. >> nutera, a new position as well. >> yes. >> ntra. >> a bio company, we think it's exciting. it tests -- if you have cancer it takes a

pgim investments. shaping tomorrow today. can make money the hard way as a bullfighter pgim investments. or a human cannonball... or save money the easy way, with xfinity mobile. existing customers can get a free line of our most popular unlimited plan for a year! not only will you save hundreds but you'll also be joining millions who have connected to america's most reliable 5g network. sure is a lot safer than becoming a stuntman for money. get a free line of unlimited intro for a year when you buy one unlimited line. visit xfinitymobile.com today to learn more. >>> welcome back to "the halftime report." let's hit some committee moves. kevin, you bought more united health. >> yeah, now this doesn't come without risk, frank, like we talked about with apple. they have the doj coming after them with respect to an acquisition they made in 2011. so maybe a little late to the party, i'm not sure. the other problem is there's been a massive cyber attack against you nipted health care. so definitely more risk with this trade. if th

pgim investments. shaping tomorrow today.t morgan stanley, old school hard work meets bold new thinking. to help you see untapped possibilities and relentlessly work with you to make them real. ontario has all the partners you need to make the electric vehicle of the future. with one of north america's largest i.t. clusters. 65,000 stem graduates per year. and all the critical minerals to make electric vehicle batteries. ontario. your innovation partner. >>> under armour's founder, kevin plank, is returning as ceo. he's going to replace stephanie. sara eisen is on the phone with more on these changes and maybe, sara, some reflections on the stock action premarket today. >> yeah, good morning, carl and david and mike. so, it's not that surprising if you followed under armour carefully over the last few years as i have, a lot of investors have, that kevin plank is back at ceo. he's been very involved, even as he stepped out of the ceo role about four years ago when patrik frisk came over. he was the nonexecutive chairman then.

pgim investments. shaping tomorrow today. yep.ce for a second consecutive weekly loss. something that hasn't happened since october. bring you all the data and market reaction, plus talk with former fed vice chair roger ferguson about what the labor department report could mean for the u.s. central banks interest rate. have him after we get all the data. final hour of "squawk box" begins. a funny picture of jay powell. he's like, "what?" final hour of "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" right here on cnbc we're live from the nasdaq market site in times square. i'm becky quick along with joe kernen. andrew is off today. big friday. jobs friday coming up in less than half an hour. ahead of that futures mixed. s&p flat. futures across the board up earlier. now the dow indicated off by 53. nasdaq indicated down by 13. treasury yields a big picture. weakness there. yesterday's session in particular. this morning ten year is below 4.1% at 4.06. two year sitting just below 4.5%. we want to

at pgim, finding opportunity in fixed income today, helps secure tomorrow.tested fixed income suite, backed by over 145 years of risk experience, helps investors meet their goals. pgim investments. shaping tomorrow today. >>> a lot more from the delivering alpha survey today. a majority of participants say they expect a u.s. recession in 2025 9% expect one by the end of this year 36 no recession in sight although some of the expectations have been confounded in recent years stop trading with jim is next. dow is up 312. trading at schwab is now powered by ameritrade, giving traders even more ways to sharpen their skills with tailored education. get an expanding library filled with new online videos, webcasts, articles, courses, and more - all crafted just for traders. and with guided learning paths stacked with content curated to fit your unique goals, you can spend less time searching and more time learning. trade brilliantly with schwab. you're probably not easily persuaded to switch mobile providers for your business. but what if we told you it's possible

pgim investments. shaping tomorrow today. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire you can make money the hard way as a bullfighter matching your job description. or a human cannonball... or save money the easy way, with xfinity mobile. existing customers can get a free line of our most popular unlimited plan for a year! not only will you save hundreds but you'll also be joining millions who have connected to america's most reliable 5g network. sure is a lot safer than becoming a stuntman for money. get a free line of unlimited intro for a year when you buy one unlimited line. visit xfinitymobile.com today to learn more. >>> nvidia's a.i. developers conference is under way. ceo jensen huang unveiling the newest chips at the packed house in san jose yesterday. >> hopper is fantastic, but we need bigger gpus. so, ladies and

pgim investments. shaping tomorrow today.ight loss treatments stand out as the biggest global blockbuster, but these treatments require cumbersome injections. with lexarias patented oral delivery technology, early studies suggest a better way. lexaria bioscience. ♪ >>> good afternoon, everybody. welcome to "power lunch" alongside leslie picker, i'm tyler mathison. nice to have you with us today and nice to have you with us today. two big stories dominating the market. that would be nvidia and the fed. but let's start with a check on the markets right now. they are higher across the board. the dow getting a boost from home depot, which wa

pgim investments. shaping tomorrow today. you founded your kayak company because you love the ocean- not spreadsheets. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire trading at schwab is now powered by ameritrade, giving traders even more ways to sharpen their skills with tailored education. get an expanding library filled with new online videos, webcasts, articles, courses, and more - all crafted just for traders. and with guided learning paths stacked with content curated to fit your unique goals, you can spend less time searching and more time learning. trade brilliantly with schwab. >>> we are back with investors looking ahead to tomorrow's report. the next inflation -- rate cuts from the fed. my next guest says the final stretch of inflation memorization will be the toughest. let's bring in pimco's aaron brown. does it make you less bullish on the market because you think the mile will be tough or does it have

. (♪♪) at pgim, finding opportunity in fixed income today, helps secure tomorrow.ver 145 years of risk experience, helps investors meet their goals. pgim investments. shaping tomorrow today. >>> the bond market looking ahead to tomorrow's report. how was the auction received? >> on the first part of that we are looking at rates creeping up going into tomorrow and the -- 56 billion went quite well. you can see right around -- that pushed yields lower as you can see we are revisiting high yields pretty much on every maturity. if you go to a one-month chart you can see that the three-year note friday closed at a one- month low. but it came back and what is fascinating if you look at the year we have had 49 trading sessions, only three have closed before 4.01%, which is where they ended last year. and the bank of japan meets on the 18th and 19th. we are now on pace for the fifth lower close of the dollar index again and as you look at the chart, you can see they close at the lowest level in favor of the japanese yen since february 1 on friday.>>> let's get to a cnbc ne

pgim investments.el is in line to receive as much as $8.5 billion in grants on top of billions more available in loans from the chips act. but shares are down 30% since ceo pat gelsinger took the help three years ago. here's what he told about the turn around. >> we have taken our investors on a journey. we said very clearly this is five years to turn the company around. three years into that journey, and now we see the light at the end of the tunnel. we hope to manufacture the most advanced ai chips for nvidia, apple, amd, amazon and google. we want all of those chips to be manufactured in america, taking advantage of the rnd that's done here uniquely in america, as well. >> and you can watch more of the interview with pat gelsinger on "closing bell" today at 4:00 p.m. eastern time. >>> still ahead, it's one of the biggest stock splits in new york stock exchange history. chipotle shares reaching $3,000 apiece for the first time on news the board approved a 50-to-1 stock split. the timingndha a wt hist

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pgim investments. shaping tomorrow today. so this is pickleball?is for babies, but for adults. it should be called wiffle tennis. pickle! yeah, aw! whoo! ♪♪ these guys are intense. we got nothing to worry about. with e*trade from morgan stanley, we're ready for whatever gets served up. dude, you gotta work on your trash talk. i'd rather work on saving for retirement. or college, since you like to get schooled. that's a pretty good burn, right? got him. good game. thanks for coming to our clinic, first one's free. >>> i'll see you on "closing bell" 3:00 eastern. i can't wait to take you through the final stretch and see if we can hold onto this positive move and see what momentum is doing at that hour, as well, led by nvidia, which is still having a nice day. josh brown, your final trade? >> i'm going to give you pfizer. long and strong. >> all right. adding to that as you told us earlier today. farmer jim? >> alphabet. i think this one is coming back. the failed image generator is much like what happened a year ago when it came storming back after

at pgim, finding opportunity in fixed income today, helps secure tomorrow.ed income suite, backed by over 145 years of risk experience, helps investors meet their goals. pgim investments. shaping tomorrow today. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> good afternoon welcome, everybody, to "power lunch. alongside julia boorstin i'm tyler mathisen glad you could join us and this is the big story everyone is talking about today. a ship crashing into the francis scott key bridge in baltimore on the baltimore beltway, destroying it literally in seconds. we will get a live report from the scene and look into the economic disruption as well. >> but first let's check the markets. stocks slightly higher, shares of tesla are higher despite noted tesla bear tony sag nacki saying the stock is still overvalued

pgim investments.adobe shares getting crushed in today's session. one of the biggest losers on s&p 500. kristina partsinevelos tracking the action and what we're hearing from analyst investors today. >> sara, there was caution heading into this print with adobe shares underperforming the software etf month-to-date. so much caution with the stock down double digits immediately after the results came out yesterday. we had a q1 beat, new $25 billion share buyback program and only a slight miss for q2 revenues. and yet the stock is plunging. you think the world ended with that remark. much has to do with the magnitude of the beat, which is much less than previous quarters. and then the second point is the slight buy side miss for net new digital media annual recurring revenues, which is a key metric for investors. investors are worried pricing is a headwind and we'll see more upside only in the second half of the year. the company also did not increase full-year guidance either. those are some reasons for

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pgim investments.round this time of the show some of your big winners, shack up 43% toast, 35% crowd -- i haven't gotten to the losers yet uber, 26%. ebay, 20%. berkshire, 17% mattaport has been a loser pfizer, you obviously bought it recently, so i don't want to talk about that. of the ones up a lot, which couple are you most optimistic about as we move forward here? >> believe it or not, i think toast has the most potential people halved at me on this one, and they may still if it doesn't work out but this is a small, sort of mid-cappish name doesn't have a ton of coverage the analysts following it aren't that excited about it. most of the price targets are close to where the stock trades, and i understand the reason why. it's a contmpetitive space, and having restaurants is not -- i'm excited about that i would also just very, very, very quickly point out, this is the whole point of portfolio management and diversification yes, i have stocks that suck, believe me, i know you don't have to remind me

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pgim investments. shaping tomorrow today. personalized financial advice from ameriprise can do more than help you reach your goals. i can make this work. it can help you reach them with confidence. no wonder more than 9 out of 10 of our clients are likely to recommend us. ameriprise financial. advice worth talking about. power e*trade's award-winning trading app makes trading easier. with its customizable options chain, easy-to-use tools and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. e*trade from morgan stanley. >>> we are back with a story new at noon, and some new developments now in the ongoing proxy battle between disney and trianwith nelson peltz. the news today, earlier today anyway, that david faber brought us exclusively, was that jpmorgan's ceo, jamie dimon, had come out publicly, which was rare in and of itself, but he had come out publicly in support of disney's bob iger in that proxy fight. trian is now responding. we do have an exclusive statement from nels

pgim investments.today. ♪ >>> energy stocks lagging over the past year, but if you look under the hood one subgroup is outperforming. pippa stevens here with more. tell us which one it is. >> we're talking about the refiners. big three are marathon, phillips 66. all three hit another set of record highs today. all three of them not 52-week highs but all-time highs. so part of that is thanks to a dip in utilization rates. it's normal for utilization to drop during the winter. but we have a chart here when you can see that yellow line is 2024. so it is lower than in recent memory and at one point it had dropped below -- set a new five-year low. part is thanks to the outage of the bp whiting refinery in indiana as well as colder temperatures along the gulf coast. remember, they are about 50% of our refining capacity. they don't weatherize their units because they're not used to cold temperatures. some are running in excess of 700 degrees. so when it's cold outside, you have to pair back your operations. s

at pgim, finding opportunity in fixed income today, helps secure tomorrow.d income suite, backed by over 145 years of risk experience, helps investors meet their goals. pgim investments. shaping tomorrow today. >>> time now for "final trades." rob, you get to go first. what do you got for us? >> that is great. this is a ceo override by my investment team. i wanted adobe, they told me i had to do lulu, so i'm doing lulu. >> and lulu is down 1% here, but earnings are next week. so we'll see what happens. brenda? >> mine is cme group. we could see a pickup in volatility or just hedging positions like steve was talking about earlier. just given the market return that we have seen this year. >> okay. and mr. weiss, bring us home. >> you saw what rob did there. he got two "final trades" in. >> he snuck one in. >> archer daniels has been acting great, so a good way to play the commodities acting better with lower risk because they will restate. >> that does it for us. "the exchange" starts right now. have a great weekend. ♪ ♪ >>> thank you very much. welcome, every

pgim investments. shaping tomorrow today. >>> we are now in the closing bell market zone with the s&p 500 down two-thirds of 1%. barely down for the week, as well. we have leslie picker sharing comments from goldman sachs, ceo, and the company's outlook. kate rooney on how tiktok's loss could be amazon's gain. and pippa stephens wraps a big week for energy. leslie, david solomon addressing the troops as well as the shareholders. what did he have to say? >> yeah, so basically it's a turning point for the firm according to solomon. he calls 2023 a, quote, year of execution for goldman sachs while saying he's optimistic about 2024. remember, in 2023 goldman was backing off from its consumer expansion and taking write-downs from that as well as exposure to commercial real estate all while m&a particular activity dropped to a ten-year low. it's a new year. one that they will focus on global banking and markets as well as asset and wealth management. in the letter, solomon said that the firm, quote, stands t

. ♪ at pgim, finding opportunity in fixed income today, helps secure tomorrow.tested fixed income suite, backed by over 145 years of risk experience, helps investors meet their goals. pgim investments. shaping tomorrow today. the future is not just going to happen. you have to make it. and if you want a successful business, all it takes is an idea, and now becomes the future where you grew a dream into a reality. the all new godaddy airo. put your business online in minutes with the power of ai. >>> tech is one of the top performing sectors this quarter with the space hitting a record high today. while the next guest is bullish on tailwinds from ai, he does see potential issues ahead for one of the group's leadership names. we have the president and ceo of creative planning. good to see you. welcome to closing bell. >> great to be with you. >> what jumps out to me first on the list of things you say you don't like in tech, nvidia is on the list. what? >> tech has a long way to go. a lot of clients ask, how long will this tech rally continue? i say, for the rest

at pgim, finding opportunity in fixed income today, helps secure tomorrow.e-tested fixed income suite, backed by over 145 years of risk experience, helps investors meet their goals. pgim investments. shaping tomorrow today. >>> welcome back. we'll do "final trades" in a moment. we want to get the setup on some important mornings in "overtime" tonight. we barely mentioned broadcom. the stock has done quite well. it's not just an nvidia story. >> no, it's not. we use broadcom to our valuation of nvidia and we love that name. i think it's a name -- come on. >> will the real brian pellski please stand up. >> listen, we like the name, great earnings, great cash flow. we love it. >> okay. i don't know if that was any better. costco is today after the bell, as well. >> i've owned the stock for 12 years. it crushed walmart and target for ten years. we love that name. great management team, great operator. we're going to continue to buy more. we own it and love it. does that matter? >> a lot. you have a final trade? >> yes. at&t. >> jimmy? >> amazon. >> thank you for

pgim investments. shaping tomorrow today.lized financial advice from ameriprise can do more than help you reach your goals. -you can make this work. -we can make this work. it can help you reach them with confidence. no wonder more than 9 out of 10 of our clients are likely to recommend us. ameriprise financial. advice worth talking about. >>> let's get some final thoughts as we count down to fed chair powell's press conference. david kelly, is still with us. it seems to me the risk is pretty low for the fed to hold these rates unchanged, which is we know, what they did. what is the risk of cutting, potentially, too early? is a bigger risk a chance of reigniting inflation? >> no, i don't think that the fed will reignite inflation by cutting rates at all. there is a lot of talk about the neutral rate of interest, but the truth is, interest rates have much more of an impact on inancial markets in the real economy. all of the tightening blaster didn't do anything to slow down the economy but what i'm interested to hear from fed

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pgim investments.day winning streak this morning. futures are pointing to a bit of a bounceback. we're going to talk market technicals. >>> plus, hot inflation data and the fed's rate path. we'll hear from a former fed president on when rates may come down. >>> and the impact of a potential ban on tiktok on content creators. the father of two of the most lucrative tiktok stars out there joins us to talk about what the potential is. the second hour of "squawk box" begins right now. >>> good morning and welcome back to "squawk" here on cnbc. friday morning, we're live at the nasdaq market site in times square. i'm andrew ross sorkin along with becky quick and joe kernen. we got a lot going on in the markets. we're going to show you that. plus a lot going on in crypto land. we're going to look at the charts in a moment with katie stockton who will help us out. the dow looks like it would open up 40 points higher. nasdaq 34 points higher, the s&p 500 up 11.5 points higher. treasuries, ten-year note at 4.28

pgim investments. shaping tomorrow today. >>> welcome back, everybody.nk implant allowed a human with paralysis to play chess online roman blumenauer has raised concerned to the fda if it should be tested in humans at all. joining us is dr. scott gottlieb, board member of ilumina adviser and cnbc contributor. this is something we have been following pretty closely there are questions being raised by this lawmaker if whether the fda should have approved human trials before they actually did their investigations and checked out the company. what do you think? >> well, look, i would imagine the fda did investigate some of the allegations that surfaced publicly about the conduct of the animal trials. it is not at all clear that the people overseeing the human trials here and probably aren't the same people who oversaw the animal trials and not a formal conclusion that the company did the animal studies a lot of times they're outsourced if there were real allegations of poor handling of the animals in those preclinical studies, that would probably heighten th

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pgim investments.se lawmakers voted yesterday to pass a package of six spending bills to fund part of the federal government at least and avoid a partial shutdown that would have happened this weekend. the senate is expected to vote by the end of the week and send it to president biden's desk. negotiators are still working on the remaining six bills with the deadline of march 22nd. those bills are considered tougher to negotiate because they involve splitting up more than $800 billion in defense spending and include controversial issues like immigration. >>> and in the meantime, fed chair jay powell said yesterday he expects interest rates to start coming down this year, but he's not ready to say when. speaking to a house committee, he said policymakers remain attentive to the risk of inflation and don't want to ease too quickly. powell will be testifying before senate committee later this morning, and obviously the street will be watching that very closely. >>> still to come this morning, from the bus

pgim investments.peak to the media later today. this will be ohtani's first tme speaking to the press since the theft and gambling allegations emerged last week. claims by ohtani's lawyers that the star was the victim of theft from his interpreter ippei mizuhara >> and keith o'brien says the similarities between ohtani and pete rose is an issue. went to a great high school, keith, a former bomber >> same high school as you, joe. >> trying to think if you grew up in the '70s, were you of age to watch what kind of player pete rose was and the big red machine? >> i was too young to remember the big red machine years. '75 and '76. i'm in the wheelhouse of the boyhood love of baseball when he was traded back to the reds. i remember everything after that the good and the bad there was both in the 1980s >> if you grew up in cincinnati, you cannot escape it that's what it's like. it was amazing you did miss out a little bit. morgan, bench, perez all those guys i don't understand the similarities remember pete

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pgim investments. shaping tomorrow today. rylee! from rylee's realty! hi!ble. let's check it out. says here it gets plenty of light. and this must be the ocean view? of aruba? huh. this listing is misleading. well, when at&t says we give businesses get our best deal, on the iphone 15 pro made with titanium. we mean it. amazing. all my agents want it. says here...“inviting pool”. come on over! too inviting. only at&t gives businesses our best deals on any iphone. get iphone 15 pro on us. (♪♪) >>> earlier this morning lawmakers releasing detailing of a 1.2 trillion dollar package to fund the government through end of fiscal year but still a chance for a shutdown end of the day tomorrow. joining us now house speaker -- house speaker. speaker of the house mike johnson. very good to have you on this morning, mr. speaker. >> hi, joe. great to be kwith you. thank you. >> many kwquestions swirling around. whether you rule the 72. trying to read body language in between the lines. i would say that is imminent and you have to do it that way go to two-thirds and get d

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