back to you in the studio. >> sara eisen, thank you very much. wanted to -- remember that marriott was a standout lodging stock, up over 60%? a stock that analysts think will lift off this year that's hilton. they've reported results. they've misses about a cent on the top line. the bigger question for hilton is what point, paying down debt start returning cash to shareholders and spin off properties as a reit. we'll be talking later in the program, an exclusive interview, actually "the halftime report." the big story the fact that they've sole the waldorf shy of $2 billion. for tax reasons had to buy five hotels immediately in order not to pay tax. they sold out at assets waldorf 32 times earnings and buying assets at 13 times earnings. smart play. we'll talk later on "the halftime report." >> guidance soft relative to what the street was looking for. looking for 5 to 7 for the year. >> one analyst described it a messy quarter, a lot of transacts and stock-based compensation, which is higher and tax effects on the top line as well. >> good one.

sara eisen just characterized coke's report today as decent. the market seemed to see it as a little bit better than that. how do you see it? >> we've been seeing quite a lot of relief rallies where expectations get so negative. everybody has been aware of the currency head winds that are facing coke and many multinationals. we have had them leading up to it. i see more of a breath of relief. >> what more does coke has to do? it's taken a while to make some efficiencies and more to do apparently. >> i think they really need to do more of what they're doing and faster. so i think it's interesting that they've bought a 16% or 17% stake in monster beverages. i wonder why they didn't buy the whole company. i think something like that would have been transformative and might feel risky but i think they need something major. the second thing is the cost-cutting side. they've announced plans to generate savings of $3.5 billion over several years. it is not enough and not fast enough. those are some examples. >> what is your rating on the stock and wha

i'm sara eisen in for melissa lee. here's what's coming up on "fast." alibaba releasing into kor son dense. we'll break down the china trade. and netflix closing up 2% today after one analyst said the company would be making a $5 billion bet on content. but we'll start with today's record breaking market move. u.s. stock at all-time highs. the s&p 500 and the russell 2000 closing above high levels. and major flows showing europe becoming the new darling for investors with more than 15 billion pouring into european stocks over the last five weeks. so the question is, what's the better buy right now? u.s. stocks at a record or european stocks where the money is flowing? you've been right on this. you're up. >> and mike hart is the one bringing up this da tap. st very important. remember last year, europe was a major underperforming. 22 22% in currency terms. in terms of relative performance, that's a 2.5 standard deviation move. what does that mean? yesterday was the big outlier. about 950 basis points in the last six weeks means that i think germany stil

sara eisen reports. >> reporter: for america's biggest consumer companies, the global environment is tough right now. >> the mood of the consumer around the world is cautious. it varies a little bit from one geography to another. certainly in the u.s. we are seeing a little bit of an upturn. but at a very slow rate because i think consumers remain quite cautious. as we think about regions like europe that's a tough place. >> the strong dollar cuts into overseas profit for mondly's. for food companies, it helps to have organic healthier options in the brand portfolio which continues to be a dominant trend separating winners and losers in the industry. >> you can't go out there and say buy my product because it contains vitamin c. this product tastes great. consumers are educated. they're reading labels. they understand what gmos are. >> reporter: rice dream, imagine soup and taro chips. i plans to acquire more brands in the future. >> going to move into fresh prepared foods. personal care products. all these years, johnson and johnson used to put formaldehyde in baby products. like oh

i'm sara eisen. for more "options action" go to optionsaction.cnbc.com.heck out "fast money" every day we'll see you next friday at 5:30 eastern time. have a great weekend and happy valentine's day. announcer: the following is a paid presentation for body beast, the fast, proven way to build muscle, shed fat, and sculpt your best body faster than you've ever thought possible, brought to you by beachbody. >> this is real, as real as it gets. we're gonna learn, we're gonna sweat, we're gonna have fun, and we're gonna see results. >> before body beast, i was just soft and chunky and -- and pudgy, and this is the "after" result. >> it's gonna be amazing. come on. you can do this! >> body beast has completely transformed my body. swimsuit season is here, and i've never been more ready.

sara eisen managed to track down irene rosenfeld in florida.oins us now with the many highlights from her exclusive interview today. sara? >> all right. scott, we did talk a lot about mergers and acquisitions. that is a key theme here for these consumer companies as they figure out the new landscape of healthier eating and slower growth. not to mention international head wynns. i did ask irene what she sees if this is an inflection point when it comes to redrawing the consumer industry. she was the ceo of frito-lay, kraft and $60 billion mondelez. here's what she said about the environment. >> at every juncture there's a question of whether there will be a change in m&a activity. for us, m&a over the last seven or eight years has been a critical enabler to constructing the advantage portfolio we have today and at this point i feel very good about the categories in which we've participate, i like snacks, and i think our brands are really quite well positioned as well as our position in emerging markets to deliver growth as we look over the longe

i'm sara eisen. for more "options action" go to optionsaction.cnbc.com.ck out "fast money" every day president we'll see you next friday at 5:30 eastern time. happy vl tine's day. . >>> my mission is simple, to make you money. i'm here to level the playing field for all investors, there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. hey i'm cramer! welcome to "mad money," i'm just trying save you money my job is to educate you and teach you. we have done it. we have set all sorts of records and breaking through all sorts of milestones. dow g

i'm sara eisen. for more "options action" go to optionsaction.cnbc.com.ut our daily segment. check out "fast money" every day president we'll see you next friday at 5:30 eastern time. have a great long weekend and happy valentine's day. >> happy valentine's day. nd applause ] >> announcer: the following is a paid advertisement for the revolutionary 21 day fix, brought to you by beachbody. >> thank you! [ laughs ] hello there. i'm tom bergeron, and this show is about transforming how you look and feel, starting right now. >> announcer: are you struggling right now to lose weight? >> i've struggled with my weight my entire life. >> i really want to... lose this. >> i didn't want to walk down the aisle weighing 220 pounds. i need to do something, and it needs to happen right now. >> announcer: now there's a breakthrough new way to lose those pounds and inches, and it happens in just 21 days.

i'm carl quintanilla with sara eisen, simon hobbs, david faber.ion, down 40 points as europe deals with what person calls its twin nightmares greek crisis and attempt to bring an end to hostilities in ukraine. crude oil below 49. >> road map for the next 60 minutes. pepsi in the green today. thanks to its earnings results. hear what the cfo had to say about the latest quart. >> tesla looking to boost its sales in the colder northern states. find out how it plans to do that with a look at the newest tesla model. >>> also ahead, former chief marketing officer of mcdonald's speak what needs to be done now to turn the fast food joint around. live on cnbc. >>> art cashin joins us leer at post 9 talking about a market that doesn't know what to expect for just over the next several hours. what's your expectation? >> that's the problem. two key meetings. meeting on the ukraine and the meeting on the greek problem in brussels brussels meeting, is it hoped for, will have something out around noon probably after the european markets close, unless there's a l

. >>> whirlpool telling cnbc's sara eisen the company had a great fourth quarter thanks to overseas acquisitionsf kohl's at session highs. boston scientific up after posting better than expected earnings due to cardiovascular sales. if you missed any of the stories in this hour, visit powerlunch.cnbc.com. >>> there's a new construction project in miami that offers investors a whole lot more than owning a slice of a building. diana olick is live in miami with that story. >> reporter: it is expected to be a 10,000-foot tower with incredible amusement rides but unlike disneyland, it will also offer u.s. citizenship. we'll tell you how, coming up next on "power lunch." first, here's what's ahead on "street signs." >>> oil is losing everything it gained yesterday. we'll trace the path of oil rightç into the close. why is oil so volatile? can you name any other commodity that's down 60% in 12 months? probably not. >>> plus, one of the biggest retail surprises out there. apparently geljelly has a new lover. analysts love jelly and cat food. we'll explain that coming up on "street signs." "power lunch"

welcome back to "squawk on the street" i'm carl quintanilla with sara eisen and only sara eisen thisning. >> lonely. >> simon hobbs, of course, on vacation. check out the markets this morning. dow's up almost 200 points as we get a bunch of interesting cross currents. oil driving a lot of that, up 3%. you make buys at anadarko and others binning to talk about an oil price that doesn't go low somewhere starts to stabilize here. in the meantime macro data continues to inch our way. let's get to chicago. rick santelli and a look at factory orders. rick? >> absolutely. december factory orders expected to drop close to 2.5% added an extra percent. down 3.4, first of 2.4 expectation. last month, added awhole percent. being a december number this will of course help get closer to the granular final number of fourth quarter gdp we enter last week 2.6. draw your attention, a few minutes ago we had ism new york released, and then for the month of january and it was 44.5 versus 70.8. that is the lowest level on new york ism since april of 2009. so of course everything is right in the world, equ

i'm david faber along with sara eisen and simon hobbs.t supercenter. we'll hear from him in a few minutes. later on a live exclusive interview with walmart ceo doug mcmillon. important news today from walmart involving wages for u.s. workers. take a look at markets. you can see, we are down on well, two of the three major indices, if you will. nasdaq up. oil very important here of course, and that has been the story, let's argue, of the morning thus far, down almost 5% on wti. >>> let's get to the road map. former news corp. president speaking out about his new video streaming venture with at&t. plus his news on twitter and american express. >> the ceo of hershey sitting down with sara for an exclusive interview. how he plans to battle a health conscious consumer. >> first cnbc interview with john legere ceo of t-mobile. company's quarterly results and how their faring against competitors. >>> first, rick santelli breaking news on philly fed and leading indicators. rick? >> yes. lei leading economic indicators a january number up .2. last

sara eisen with the numbers. >> $1.39 billion in revenues. the street was looking for $1.5 billion.it comes to earnings per share it was pretty much in line, 88 cents. the estimates were coming in at 89 cents. a big part of the story was the miss on sales of the brewers, of course, the very important product, and that came in very light. $308 million. that was about 18% lower than last year. you will recall that there were recalls over the quarter of more than 6.5 million of these keurig machines, and they were spewing hot water. that certainly had an impact during this quarter. when it comes to the outlook and the guidance keurig is taking it down to the bottom end of their previous range for the year. they're expecting now mid to single digit eps growth for the year and they're taking it down to low -- excuse me high single digit growth for revenues on the year. some of the reasons why, keurig international. they operate in canada about 10% of the business. the canadian dollar has been absolutely whacked, so that's going to impact business over the year. and they had to deal with

. >> i'm sara eisen in for kelly evans. we're at the session high. hopes of a deal with greece and its creditors are taking stocks higher. more than a triple digit gain on the dow. >> absolutely. 143. investing legend bill miller telling kelly evans yesterday he expects a fed rate hike in june. today a top analyst says miller has the june part right but it won't happen until june of 2016 one year after this market believes it will happen. he's here to explain why he thinks first move from the ned won't come until then. >> and union battles are percolating across america. the port slowdown out west and the governor of illinois blocking unions from collecting fees from workers that benefit from union deals but are not actual members of the union themselves. we'll talk to afl-cio boss richard trumka. he'll join us exclusively with reaction. >> basically, if you look at the broad market it brings us positive for the year. dow currently up 140 points. session highs give or take a couple. s&p 500 2,067. and the nasdaq up 1.25%. joining us now, our "closing

bill griffeth with sara eisen in for kelly today. we have a lot breaking right now so we want to get to it here. what it has done is pushed the dow into record territory. we haven't had a record close for the dow this year. amazingly with all the volatility we've had, especially in january, early part of february. this would be the first time and we are comfortably in regard territory -- record territory. >> the nasdaq worth keeping an eye on inching closer to 5,000. it's been the outperformer. >> we may be talking nasdaq 5,000 by next week sometime. let's get to "the closing bell" exchange exchange. kim forrest is here, so is peter andersen from congress wealth management. kevin carrone, ben willis from princeton securities joining us on the floor and rick santelli is in chicago. let's start with michelle caruso-cabrera. is she there? >> i'm here yeah. >> so we have an agreement of sorts. it's just an extension, but do you sense we're making some real progress this time around? >> well the headline is that the greeks have caved on n

sara eisen is live at the consumer analyst group of new york conference at the boca raton resort in floridasive with white waves chairman. >> hi, melissa. greg englishality is here. good to see you. and not bad. 12% organic growth for 2014. that's pretty unusual in the food business. what are you doing others aren't? >> first of all, we're blessed to be in great categories and have a terrific brand. so there is a larger movement going on in the food business as people migrate from i think the way we used to eat, the way i grew up eating as a child, to, you know, how people are eating today. so people are more health conscience. they are focused on ingredients. they want to know what's in their food. they want simple ingredient statements. so we have a portfolio that's really well-positioned against those larger trends. >> number of brands. many of the people recognize a lot of dairy, horizon, for instance. >> horizon organic, yes. >> and a lot of investors want to know what's next in the portfolio. when you look for your next acquisition, is it going to be in food, beverages? outside the un

i'm scott wagner along with michelle cnbc and sara eisen.cky, and andrew are all on assignment today. a few lucky winners of the power ball are probably not at work today. three winning tickets were sold in texas, north carolina, and puerto rico. they're going to split the megaprize. $564 million. it has been nearly a year since the pot in the power ball reached that size when somebody won $425 million. it is the fifth largest lottery prize ever in the u.s. the record is $590 million a couple years back in 2013. >> oh i wish. >>> breaking news out of russia this morning. vladimir putin announcing that russia and ukraine have agreed to a cease-fire starting on sunday. putin and ukraine leaders agreeing to withdraw machinery. let's show you what's going on with the market reaction. right now the rooubl ruble is slightly stronger. this is the index that's in rubles. it's higher by more than 4% this morning. and the major european stock markets also got a boost out of this news. higher across the board. the german dax higher by 1.5%. in greece h

cnbc's sara eisen. what's going on?th. that was actually a little worse than expected. economists looking for a number like 223, but still on trend, more than 200,000. it signals that -- >> good. >> -- yeah the labor market on track. friday biggy. government jobs reports including both the private and public sector. economists looking for about 230,000 jobs added in the month of january. >> let's hope so and staples and office depot tried it before. trying it again? >> trying again. tried in 1997. trying again. staples buying office depot for the transaction of about $6 billion and the reason it wasn't approved back then is that there were all sorts of regulatory derns would be a monopoly. the two together almost $40 billion, raise prices on consumers but a new argument. can argue, hey, the competitive land shape changed. competing with amazon walmart, it's not just the big guys. it's online. think when you shop for school supplies. >> oil is back above $50. analysts don't expect it to stay that way but it lifted the ma

cnbc's sara eisen is at the new york stock exchange next.at can your fidelity greenline do for you? just take a closer look. it works how you want to work. with a fidelity investment professional... or managing your investments on your own. helping you find new ways to plan for retirement. and save on taxes where you can. so you can invest in the life that you want today. tap into the full power of your fidelity greenline. call or come in today for a free one-on-one review. we come by almost every day to deliver your mail so if you have any packages you want to return you should just give them to us i mean, we're going to be there anyway why don't you just leave it for us to pick up? or you could always get in your car and take it back yourself yeah, us picking it up is probably your easiest option it's kind of a no brainer ok, well, good talk you just got a big bump in miles. so this is a great opportunity for an upgrade. sound good? great. because you're not you you're a whole airline... and it's not a ticket you're upgrading it's your ent

. >> sara eisen, cnbc's sara eisen. apple has so much cash they could buy most small countries.ike tesla? that's not apple's style. use the cash return to shareholders, hoard it have it overseas. interesting to see what the car is from apple. not like an iphone market where there are hundreds of millions of he'll to sell it to. >> the brilliance of apple and probably the greatest brand in the world today, they've understood moving from ipads to iphone and everything in the core communication bettering everyday life. this is transportation. backing into it saying it's going to be about the connected car, and i jut wonder if consumers at some point just kind of go -- we don't know if that's you, apple. >> donny, how many times have we heard do what you know how to do. stay focused. what are you good at? that's what you need to do. how many times have we see companies jump from one area to another? >> how good is apple? connecting the ecosystem? need your phone, for payments for your car. >> benefit in human communication. the core benefit of a car is human transportation. >> i don

i'm carl quintella with sara eisen, david faber here at the new york stock exchange.m him. he'll be speaking to the ceo of wyndham worldwide. make sure you stay tuned for that. dow's off the high as we opened with a quick triple-digit gain. a lot of all-time highs regarding the consumer apple, starbucks, as well as hasbro as well. and coke look at that stock. the leading dow component this morning, up almost 4%. >> yep, sharply higher. investors' expectations were quite low. and the company did manage to beat on the top and both tom line. we did speak with the ceo of coke, we'll have more of that including the impact of the prices. she said coke spending. >>> let's get to the road map, goldman sachs chief david kostin. and the ceo of reynolds american will be joining us for an exclusive interview find out about the massive deal with lora lie and how they're affecting the e-cigarettes. >> hey, rick. >> hey, bob. this is a lot like income spending numbers. two different directions consumer read on invent up half a 10 what we're looking for. sales down four 10s. this is

welcome back to "squawk on the street" i'm carl quintanilla with sara eisen, david faber.bs is off this week. the markets, dow's tepid act of seven or eight point mz february has gotten off to a pretty good start, best start to any month since december 2010. due to the reverse until oil yesterday, which is giving back some. still above 50. >> 10:00 a.m. here. rick santelli in chicago. breaking news, ism nonmanufacturing. >> yes, nonmanufacturing. the service sector biggest swath of the u.s. economy. our last 3 at 56.2 wasn't bad. the best level going back to '05. and here we go. 56.7. 56.7. that's few times better than expecting. last month at 56.2, up graded to 56.5. 56.7 not as good as november's 58.8. you can see where it slips in. considering that we had a weak adp, weaker than expected adp, and friday dls coming out. the employment index, moved from 55.7 down to 51.6. might as well look at new orders. moved from 59.2 to 59.5. we'll call that a push. we moved up just a smidge to 182, hovering at two-week high yields should we close here. equities liked it to up 24. bac

. >> i'm sara eisen in for kelly evans. we're at the session high. with greece and its creditors are taking stocks higher. more than a triple digit gain on the dow. >> absolutely. 143. investing legend bill miller telling kelly evans yesterday he expects a fed rate hike in june.

i'm carl quintanilla with sara eisen, simon hobbs, david faber, at the new york stock exchange.en the germans and greeks. downgrade of walmart. oil's not helping matters down 1 mrs. >> let's get to the road map. wall street not liking wage hikes at walmart. barclays downgrading the stock. >> the justice department says it's willing to prosecute people if they broke the law contributing to the 2008 financial crisis. jim stewart of "the new york times" will be here with a message, don't hold your breath. he joins us live? for the first time ever we are showing you how the nasdaq looks for and catches trading fraud. >>> speaking of the nasdaq index closing in on its dotcom era record aiming now for its seven straight day of gains if it can turn around and move in the other direction, despite being in the red at the moment. is the nasdaq overvalued or time for invest to jump? joining us wells fargo investment institute president. >> good morning. >> jump into the nasdaq that's kind of like -- i mean let's talk about technology in general. jump into technology. jump into apple which

i'm carl quintanilla with sara eisen who is back. we'll take it. simon hobbs, david faber.th of february with declines in stocks. chicago pmi a disappointment. crude oil, though trying trying for its first winning month since june of last year. >> to the road map this morning. fcc approving rules for net neutrality. we'll talk to commissioner ajit pai about the new rules. he voted against them. >>> hedge fund underperformed broader markets in recent years but hugely popular with big investors. why? jim stewart will be here to weigh? consumer advocate ralph nader thinks walmart's move to raise wages is not enough. he'll join us later on. >>> rick santelli. news on consumer sentiment after the chicago pmi number. good morning once again, rick. >> good morning, carl. i was wrong by the way, we're not under 2%. hat in hand with the feeling in the treasuries last couple of weeks. it really seems as though the buyers have limited impact. here we go. february final read on michigan 95.4. comparison to its mid month read at 93.6. how does 95.4 fit? comps to january where you had 98

i'm carl quintanilla la with sara sara eisen. simon hobbs, david faber.he highest level of 2015. s&p 2081 with crude oil making a bounce back above 50. a lot of news regarding greece ukraine and cisco not hurting. >> let's get to the road map this morning. starting with that deal. expedia buying orbitz object $1.3 billion in cash. the ceo joining us live in a few minutes. >> shares of tesla down sharply in a good market this morning after disappointing fourth quarter figures. musk says he is optimistic. what do you do now with the stock? >> former treasury secretary larry summers said now is not the time to raise interest rates. >> let's first get to rick santelli. hey, rick? >> hi yes. december business inventory is important for calculations adjusting fourth quarter gdp up . 1%. we were looking for more. what's fascinating is we have had a couple of up .1. last time was in august but you have to go back to may of 2013 to find a lower month over month increase and the month i'm referencing was zero. you have to go all the way back to march of '13 to see

♪ >>> welcome back to "squawk on the street" i'm carl quintanilla with sara eisen, david faber at theock exchange. simon hobbs is off. s&p back to 2054. last week one of the worst weeks, in fact the worst week since november. the gains this week on the dow, in percentage terms, go back to early 14 even in some cases down to 2013 to see a week as good as this so far. oil a big part, up 3.5%. >> michael kors deep in the red, names like l brans and underwarmer trading higher. which retailer watching today. plus keurig green mountain seeing steep losses after a big sales miss. much more on the problems that that company is facing. >>> miami real estate on the comeback trail, construction resuming on multimillion dollar condos but will the strong dollar derail all of that. coming up later on "squawk on the street," in the wake of the massive data breach at the health care company anthem we'll talk to the ceo of cigna, his take on cybersecurity, how to procustomers and earnings. >> big stories on the minds of global investors. ecb a hard line on greek debt putting pressure on the country's

sara eisen off this week. begin day two of congressional testimony in front of the house financial services committee. you saw the headlines yesterday in front of senate banking in which she said that she believes reasonably confident inflation will hit targets in the medium term, the word "patient "ings" being used. markets soft here. oil's going to give back. we will be getting inventoryies at 10:30 a.m. eastern time. >> yellen concerned about the housing mark. we have fresh data on that courtesy of the cme. jim. >> simon comes in at 481,000, new home sales number better than expected. expected 470,000. last month's revised up a tick to 482 from 481. new home sales month over month down .2. looking for down 2.3. last month revised not as good as it was before 8.1 versus 11.6. stocks coming in under a little pressure before this. they gain about a tick on this. but nothing big to speak of. ten-year yields around 1.99 coming in and stayed about the same. back to you, carl. >> getting new home sales this mornin

. >> and i'm sara eisen in again for kelly he was. market went down on greek concerns. yesterday it went up on greek optimism and today new concerns about greece not getting a deal done during the emergency meeting is putting us in the red. the dow down about 40 points as we speak. it was worse earlier. >> absolutely, far worse. some major earnings are due out importantly after the bell in about an hour's time. cisco topping the list

bill griffeth with sara eisen in for kelly today. a lot breaking right now so we want to get to it here. what it has done is pushed the dow into record territory. we haven't had a record close for the dow this year. amazingly with all the volatility we've had, especially in january, early part of february. this would be the first time

i'm carl quintanilla with sara eisen, cramer is off today. 257,000.t is the jobs number for january, above expectations, some nice upward revisions to prior months and the premarket pretty strong as a result on the best week for the dow in about four years. check out oil. has 53 in its sights. ten-year yield approaching 1.87, about three-week high. twitter is up almost l 11% after earnings last night. we veal that exclusive interview with ceo dick costolo just a few moments from now. our roadmap begins with the jobs number and the markets, the economy adding 257 in january, beating estimates, upward revisions for previous months and wage growth better than expected. >> twitter despite disappointing user growth, the stock is up. we'll have an interview with dick costolo on the result. >> pandora, yelp all those stocks moving more than 10% in premarket action. >> the jobs number showing 257,000 nonfarm jobs added last month. beating estimates for november and december revised upward by a combined 147,000. january's unemployment rate ticked higher to 5.7

i'm sara eisen in for melissa lee. here's what's coming up on "fast."o kor son dense. we'll break down the china trade. and netflix closing up 2% today after one analyst said the company would be making a $5 billion bet on content. but we'll start with today's record breaking market move. u.s. stock at all-time highs. the s&p 500 and

. >> and i'm sara eisen in again for kelly he was. let's on monday the market went down on greek concerns. yesterday it went up on greek optimism and today new concerns about greece not getting a deal done during the emergency meeting is putting us in the red. the dow down about 40 points as we speak. it was worse earlier. >> absolutely, far worse. some major earnings are due out importantly after the bell in about an hour's time. cisco topping the list amongst many others. we'll have the numbers the moment they cross and the best analysis in business news. >> of course we are waiting for president obama during this hour to speak at the white house. set to speak about his request for congress to authorize money and power to fight isis abroad before they infiltrate the united states. we'll bring you, of course his comments live as soon as he takes the podium. >> let's have a look at exactly where we are on the markets right now. the dow at its lows was down 109 points. it's quite a strong comeback although i guess for your broader mark

he's the author of "the innovators" along with sara eisen and "shark tank's" kevin o'leary. larry mcdonald and steve grasso shortly. first, this was a huge week for the market. we'll start with bob pisani from the floor to wrap it up. >> and we did very well here. job growth and wage growth today was pretty good. tepid response. we had a huge response from the market earlier in the week. i just want to show how the indices moved. we went across the board, kelly. we're still settling out but russell 2000 up better than 3%. big cap s&p 500 and the midcap historic high yesterday, up 2.7%. the tone of the advance had a cyclical bias. look at the major sector this week. energy financials materials, consumer discretionary, industrials. these are terrific moves on the upside. again, all cyclicals. the defensive names, health care and consumer names lagged a bit. next week wall of worry, whether the greek time table might be pulled forward. they need to apply for an extension of that emergency funding but they so far refuse to do that. that became an issue late in the day today. oil

i'm carl quintanilla with sara eisen, cramer is off today. 257,000.tions, some nice upward revisions to prior months and the premarket pretty strong as a result on the best week for the dow in about four years.

business before the bell now with sara eisen. happy friday. >> happy friday mika.to point out the markets now are in rally mode. we're coming off our best close of 2015. cheerful wall street this week and giving extra cheer this morning is we got a read on the european economy. gdp data there, expected to be weak. it was actually better than predicted. 1.4% growth from last year. thanks in part to europe's biggest member and that would be germany, but growing a little faster and to put it in perspective, they're not quite at the level of the u.s. during the same quarter the u.s. grew 2.6%. still the bright spot in the global economy, but better european numbers helped sentiment a lot. moving markets this morning. another story we're watching of course president obama out at stanford university talking about cyber security meeting with a lot of corporate executives. tim cook ceo of apple, expected to speak the ceos of a lot of the financial firms as well. these mastercard visa american express, bank of america, also will be there. interesting to watch how this plays

time now for business before the bell with cnbc's sara eisen. sarah, good morning. what ya got?re around the world, and that's because greece is bailout program where money is flowing to greece to keep it inside the euro and prevent it from defaulting going bankrupt, is set to end february 28th. european leaders are again embroiled in these heated discussions about how to keepflowing to greece. a new prime minister just got elected and elected with a mandate of renegotiating the bailout, making it easier for greece. so it's every single headline that investors are hanging on right now, because if they can't come to an agreement by the end of next we're, then it's really down to the wire about what happens to greece and whether it can stay in the euro and what kind of risk that poses for not just all of europe but for the global economy. so that's why u.s. markets are taking their cue from what we're get ing from greece and the latest headlines, greece requested a six-month extension. the markets liked that but then germany came out, rejected it. markets didn't like that. it's ju