sara eisen >> it's fast. it's easy. it's fast. it's convenient for me. >> reporter: when it comes to buying the basics more and more people are turning to their computer. like christie spears who rarely steps foot in a store these days. >> now i can pretty much shop for anything online. still shop for clothes but definitely use it for household items, cleaning products things we just regularly use in the house. >> reporter: the latest data from consumer edge research showed so-called consumer products are now tied with media. think online books and movies as the second most popular category bought online. number one is apparel. and while most of the population still buys their consumer products at grocery stores or drugstores and only 9% on the internet, the fastest growth is online. >> there are definitely some web sites that are kind of a conglomerate of a couple different stores all in one web site. i love when i can buy dog food and cleaning products and snacks for the kids all on one web site. >> reporter: no site has been as

r "nightly business report," i'm sara eisen. >>> on wall street it was a reversal. stocks down after being higher today. dollar rose and oil prices dropped, weighing on energy shares and doughw components like exxon and chevron by the close. fell to 17,959. ninth triple digit move in the last 10 sessions. nasdaq moving higher gaining 9 points and s&p sank 10. first day trading, apple shares a little bit lower by almost a dollar. initial jobless claim rose marginally last week increasing 1,000 to seasonally adjusted 292,000. >>> now to oil where congress held a hearing on whether the lift the ban that prevents exporting that commodity and the hearing came on a day where supply concerns weighed on prices. on jackie deangelis has more on the downward pressure on prices and the hearing on capitol hill. >> reporter: oil prices seeing red this week on the back of a stronger dollar and the supply that continues to grow. wall street analysts have been predicting that we could see $30 oil in the first half of the year and even traders that were skeptical now agree. this week

for "nightly business report," i'm sara eisen at the nasdaq in new york. >> we're both seltzer people. >> i drink a lot less of it today than i did in the past. more water. >> more water. that's it. we hope you have a lovely weekend. see you again on monday. that's "nightly business report" for tonight. i'm sue herera. >> and i'm tyler mathisen. have a great weekend, everyone. we will see you back gwen: news tonight -- harry reid's exit. old and new debates in afghanistan and the first official 2016 candidate steps up. we will cover it all tonight on "washington week." >> we've got to be more concerned about the country, the senate the state of nevada and us. and as a result of that, i'm not going to run for re-election. gwen: harry reid's announcement he's quitting the senate sets off a scramble for both his nevada seat and for the top democratic post in the senate. the fallout, two ways of looking at afghanistan. >> we want to make sure that we're doing everything we can to help afghan security forces succeed so we don't have to go back.

for "nightly business report," i'm sara eisen at the nasdaq in new york. >> we're both seltzer people. >> i drink a lot less of it today than i did in the past. more water. >> more water. that's it. we hope you have a lovely weekend. see you again on monday. that's "nightly business report" for tonight. i'm sue herera. >> and i'm tyler mathisen. have a great weekend, everyone. we will see you back ♪ it's all right, it's okay ♪ ♪ doesn't really matter if you're old and grey ♪ ♪ it's all right, i say, it's okay ♪ ♪ listen to what i say ♪ ♪ it's all right, we're doing fine ♪ ♪ doesn't really matter if the sun don't shine ♪ ♪ it's all right, i say, it's okay ♪ ♪ we're getting to the end of the day ♪ miller: border agency picked her up yesterday. cash-in-handing it at a restaurant in dalston. mcandrew: did she try to run? miller: they all try to run. anyone told you why we're here? ( whispers ) lipstick, left cheek.

live from the nasdaq market site overlooking times square, i'm sara eisen. our traders tonight are tim seymour, pete najarian, brian kelly, and guy adami. more room to run for jcpenney? stock soaring. details ahead. how smart was the smart money in the first quarter? we've got the new numbers on the hedge fund heavy hitters. find out where paulsen and ackman put their money. but first it's officially the end of the first quarter. we went out with a bang. the dow finishing the quarter in negative territory. dropped 200 points. nasdaq up for 2015 and the quarter. tomorrow is the first day of trading if they are second quarter and the kickoff to april. historically a strong month for investors. do you stick on what is winning or take some money off the table? tonight we lay out our second quarter playbook trades. tim, we'll kick it off with you. what changes in q2? >> i'm not sure anything changes. the first was fed, dollar, oil, ecb. all of those things are front and center. some of the trades took time to get going. a lot expected the consumer to rebound fast

sara eisen is on the floor. ng, sara. >> been at the forefront of this debate we have learned according to the proxy statement filed by coke that ceo muhtar took home $22.5 million in 2014. that was a little higher than the $20.4 million he took home the year before largely due to a $7 million increase in the pension value, something we saw as cross companies not really controlled by the company. the other big headline that i think is important, is that muhtar kent did decline to take home his incentive award last year in light of what coca-cola called difficult but necessary decisions being taken at the company as it repositions for growth. we've reported on those, layoffs, cost cuts, restructuring, try to right size the business in a challenging environment for the big soda company. that would have been worth $2.5 million. he did decline that. take out the pension out of their control, he did take home $18.1 million last year and that was a little below what he took home in 2013. obviously important in light of

i'm sara eisen in for kelly evans.d today up in a big way with the dow up more than 200 points. the index we're watching the closest though right now would be the nasdaq making a play to close at a new all-time high. the magic number you want to watch going into the close today, 5,048.62. that was the close on march 10th, 2000, more than 15 years ago. it would be a record.

sara eisen, it's all yours. >> rick santelli for fed chairman.ek. officers seized e-mail documents, smartphones. what does it mean for uber's future around the world? . >>> uber's paris office is raided by police this week. our stefan is live in paris with the latest on the story. good morning stefan. >> well, good morning. it's an investigation into the local service uber pop which is not legal in france anymore since the beginning of the year. according to france all drivers carrying passengers must have a license to do so and have relevant ininsurance. this is not impacting the regular uber service, only local solution. uber pop which uses nonprofessional drivers, confirm that the police raided its french headquarters at the beginning of the week seizing documents on smartphones used by its drivers. the general manager for france says that exact reason for the raid was not clear and claims that the disproportionate action uber claims the pop service is legal under the french law. decided to file two complaints one to the french court and the o

both 3g and buffet say they'll invest ano $10 billion in the company and as sara eisen reports, the deal could have a big impact on the global food business. >> reporter: kraft singles and mack and cheese? meet heinz beans and ketchup. owned by brazilian private equity giant 3g and warren buffett. third biggest world company in the world and americas. heinz in pittsburgh and kraft chicago. heinz ceo bernard oh hess will be ceo of the kraft company and kraft's ceo chairman of the board. >> we believe this transaction will allow us to make the changes that we need to make to become a stronger business much faster than we would be able to do on our own. like most teams make it's the right move at the right time. >> reporter: now is a tricky time for food companies as they try to keep up with fast-changing taste. consumers migrate to healthier and natural choices. but warren buffett will be a top shareholder of the new company told us he's got a long history with kraft and its brands and he plans to stay in it for the long haul. >> i first went into general foods on behalf of berkshire hatha

i'm simon hobbs with sara eisen and david faber. carl is off on assignment today.'ve got breaking news at this hour. new home sales out. let's go to chicago. rick santelli with the numbers. rick? >> well, we had a hit, we had a miss. the hit, new home sales for february, up close to 8%. really jumping over expectations coming out at 539,000 units seasonally annualized and adjusted. that's up 7.8, to be exact. the miss the march read on richmond fed, minus 8. we haven't had a minus number in exactly one year, mar of of last year minus 5. of course that fits in on the housing number. this is a powerful number because you have to go back quite a ways to find a stronger number. i'm looking like april of '08, april of '80, have not had a number as strong as 559,000. housing isn't correcting and healing as fast as we want. but this number is a step in the right direction. sara, back to you. >> all right. rick you, know that means. we've got to go do diana olick for more color on the strong numbers. >> yes strong to say the least. we had a revision to january's numbers, f

sara eisen, she's been listening on the conference call.hat are we hearing so far. >> an investor call going on with management. q and a from analysts getting into accounting. i would say two points emphasized by management of kraft and heinz from 3g. number one on the international front, emphasizing kraft does have appeal. already it's thought of as a north american penetrated brand but there is some international exposure. management says 80% brand awareness. obviously leverage the heinz international platform to take kraft more international. the other within on the subject of cost cuts, talking about how they've been successful with expanding margins on cost cuts for heinz and that they do expect to bring this combined company back to long-term historical revenue growth able to move faster together. between play for you sound from alex bearing, the chairman of heinz and managing partner at 3g capital, will be the chairman of the board of the combined company. have a listen. >> combining our two businesses we create the third largest fo

i'm sara eisen in today for kelly evans.e're finishing a pretty strong day on wall street after a sharp sell-off and particularly on friday. the dow closing just below the 18,000 mark, good for a gain of about 137 points as it settles down. the s&p 500 up 0.4%. 8 points. and the nasdaq was lagging all day, managed to close higher 0.3 of a percent. we have walter isaacson from the aspen institute, author of "the innovators." also wrote the definitive biography on the late steve jobs, a true expert on apple. also with us another expert on apple, jon fortt is here. with more on today's market action we have michael block, "fast money" trader guy adami. we want to talk about what we saw on the markets today but first, walter everyone wants to know what the verdict from you is on today's apple event? >> i'm no expert on these new products but apple for 30 years has always been creating objects of desire objects of beauty objects that are very intimate and personal and this is the ultimate in that. it really does make it something

sara eisen is covering this big deal for us all day. welcome. l gotscalk from mesirow financial. sara, are you surprised the market response wasn't more positive, although kraft was the standout? >> kraft shares went up more than 30%. obviously wall street celebrated in that space because you saw other food companies like mondelez which used to be part of kraft more in the snacking division kellogg, all ended the day higher and bucked the trend of the weaker market. the question is is this it? was this the biggie? everyone was waiting for a sequel to heinz from 3g and from warren buffett. now it could be a long time before we get another big one. >> eric, is that your view? >> this is the beginning. this is not the end. you're going to see more. you will see bigger. this is -- as long as financing continues to be at this level, it makes sense. i think 2015 will be the year of big mergers. >> wow. how big are we talking and can you give us a sense of where else? is it the food space? other industries you think might be next in line? >> i think the

i'm sara eisen in for kelly evans. this up and down market continues, and today up in a big way with the dow up more than 200 points. the index we're watching the closest though right now would be the nasdaq making a play to close at a new all-time high. the magic number you want to watch going into the close today, 5,048.62. that was the close on march 10th, 2000, more than 15 years ago. it would be a record. unbelievable. >> it is unbelievable to wait that long to come back to an all-time high. and let's all remember the last time we were there in 2000 we felt like we were at mt. everest at that time because it had gone straight up. >> and it didn't take very long for it to come plunging back down to earth although this time is different. a lot of people looking at the valuations and a number of reasons. we'll talk about then and now. also something to note heading into the close, quadruple witching. the expiration of four different options contracts to make for a bumpy ride and exciting and higher volume ride into t

cnbc contributors carol roth and jon najarian are here with sara eisen.th us for more on today's market action larry glazer joining us and "fast money" trader steve grasso will join us momentarily off the floor. but, carol what do you think is going on here? >> i feel like investors are in a relationship with the market much like a woman might be in a bad relationship with that guy you know. >> just not very good for you but you just can't quit him. you quit him for a little bit of time but they always come back kelly, and i feel like that's the situation we are in here. we know there are not great fundamentals underlying so when we get some good numbers and know that the fed might take away the interest rates or hike the interest rates soon that's a good sign but eventually they're going to come running back into the market just like that woman goes running back to that bad boy. >> i'm going to guess this is about a friend a story build a friend. >> yes. this is completely not autobiographical. >> dr. j there was a story, john hilsenrath saying the patie

sara eisen tweeting i think this is perfect for this conversation that the weak euro was expected but not this much so soon, right? >> right. >> take that from the euro perspective and dollar strengthening perspective. >> i think that caught everyone a little by surprise which only adds to kind of the angst and anxiety and like the other guest said, the buyers are going to pull back. they're going to test the level of angst from the sell side, see how nervous they get and then buy stocks at lower prices. >> euro is going to go under 10 maybe as we're speaking here on the other side of the break. thank you so much. coming up, activist investor mick mcguire of mar caddo is here. his first ever on cnbc launching a new activist campaign today. he's here to break the news and tell us about it after the short break. then will the iwatch be a history or bust? we're asking former apple ceo john sculley and how the traders are playing at the shareholder meeting set to get under way at this hour as well. so much surrounding apple shares. much more straight ahead on the half. sometimes romantic.

let's get to sara eisen and simon hobbs on the floor. >> hey, we're gunning for our reality show.oining us, welcome the show of "watch what happens live" andy cohen the brains behind "real housewives" million dollar listing, my favorite "vanderpump rules." >> the best. >> we should note that cnbc and bravo share a parent company in nbc universal. it's good to see you. >> great to see you. >> i don't know where to start. part two of "vanderpump rules" finale reunion or maybe we should start with your latest business venture. the radio channel. everyone's going digital. why are you going to old school radio? >> you know, i love radio. i'm a big radio fan and i've been looking for a place where i can expand my kind of unique brand of deep and shallow talk and so, you know, sirius xm seems like a great additional home for me where i can not only -- i've been producing tv for 25 years and i was at bravo for ten years in charge of programming, now the challenge of programming an entire channel around my passion for pop culture seemed like an opportunity that i couldn't pass up and, of c

sara eisen here at post nine with the details and kraft shares up 35%. >> surging.eel odd talking about a company that is over 100 years old, at least traces it brand back to them on "squawk alley" but this is a giant food package company that will be created. kraft reborn combined with heinz. more than $28 billion in sales. it brings together the makers of kraft singles and oscar meyer with philadelphia cream cheese and heinz beans and ketchup for the consumer products awareness there. set to be the fifth biggest beverage and food company in the world. there were a few calls this morning, one with investors, one with media, two themes that management wanted to hit hard. number one, is international. kraft is primarily in north america, but management did highlight the international quote untapped opportunity and that is where the combo with heinz comes in. heinz gets 61% of its sales actually overseas. it's got the infrastructure and the leverage to put kraft and help build those brands of food overseas. the other big theme here, of course, talked about by manageme

i'm considering getting one. >> sara eisen, thank very much.ior writer for bloomberg, and been asking you about this. >> mika is very skeptical. >> these guys lose their watches all the time. sarah doesn't wear one. >> i don't wear one either. not since i got an iphone. >> how's this going to work? >> apple is hope they go can do for the smartwatch what they've done for the smartphone the tablet, the music player to say that there have been other versions of that so far, but none of them have really caught fire. >> yeah. >> and they're hoping that lightning will now strike for i guess the fourth time and they'll be the one to actually take this product and make it a phenomena. >> so i understand this product, because i mean obviously they have to make you need the watch. >> right. pretty good at making you want things. >> like if you have a bmw. do it with other cars the watch will find your car in a crowded parking lot. go to certain hotels the watch opens your door to the hotel room -- sort of scares me, but anyway -- how are the apps? what's

time for "business before the bell" with c nbc's sara eisen pap rocky couple of weeks for the markets.s. stock market. the big focus this week is a key federal reserve meeting from janet yellen. doesn't happen until wednesday but the betting is she might remove the word "patient" from her statement when it comes to how the federal reserve, the sen crawl bank is feeling about raising interest rates from their crisis levels. it's an important psychological signal that the fed thinks the economy is on better footing and could move towards a world of more normal policy. the market's been rattled lately, mika by two things. one a strong u.s. dollar great if planning a trip to europe. got into the 104 region. good time to go to europe for summer vacation or really anywhere for that matter because the dollar is strong against everybody. also the price of oil, which he talked a lot about in the beginning of the year but it moved south again and below the january lows. these sharp price swings and currencies and commodities is giving stock markets a bit of a spook here. >> looking at your list

what is that factor sara eisen? >> gender. you'll be happy to know.aracter, shun who is "all-in for the company and not for himself" and clarified using the pronoun himself doesn't necessarily mean it should be decided on gender. of course, warren buffett is 84 years old. this is the looming question of who's going to succeed him and buffett did say he and the board have chose an ceo that in many ways he says is doing a better job than she. he didn't name names. so still keeps everybody guessing, but two names named. two top lieutenants in charlie munger, the vice chairman's letter. a widely anticipated report from warren buffett to get on his thinking but yes, the successor issue still hangs over. >> karen, not far from the opening bell on wall street. markets closed dourch on friday. that did not stop february from locking in strong numbers for the month. what are investors hoping to see for march? >> an up market obviously bu extrapolate what just happened. a lot of optimism in the market and feeding on itself people are feeling comfortable. market

bring in sara eisen live at new york stock exchange. sara, interest rates may be up maybe not up. stocks it's in currencies a big problem, the price of oil and commodities all in the big question of whether the federal reserve, the central bank will raise interest rates. this week we learned they're not in such a hurry to do so. so the market liked that news. they don't want the easy money and all the stimulus to be over with but it looks like we'll have a good day. two earnings reports to highlight this morning. nike came out after the bell and tiffany came out this morning and the common thread in both of these reports american companies that do a lot of business overseas that are getting hurt by what is happening with the strong u.s. dollar. basically our currency has strengthened against everyone else in the world and that cuts into the profits of a lot of these american companies. that are doing business overseas, because when they bring back the money home it's just not worth as much. tiffany saw it in a big way nap was real disappointment. they're also feeling the impact of

. >> and i'm sara eisen in for kelly evans. all about apple and the stock market rally.ting back some of the steep losses from friday and the dow is strongly outperforming other indices right now. we've got industrials and financials in the lead. that's bullish. energy is lagging behind. >> which would be just the opposite of friday when financials were more concerned that the fed was going to start raising rates, down they went. now we're coming back. so we've got a bit of a bounce from friday. interesting activity for apple today. it was up about $3 at one

welcome back to "squawk on the street" i'm carl quintanilla with sara eisen, simon hobbs, david faber. both the dow and s&p have gone flat for 2015. oil not helping either kuwait opec governor does not expect the cartel to change production at their june meeting. >>> our road map for the next hour. clearly, helping you navigate the big sell-off. find out what you should be doing with your money today. >>> apple releasing all sorts of new details about the watch. plus a new line of mac books. >>> morgan stanley's vice chairman of investment banking join us live she will give us her take on the market action tonight as well as what she thinks about m&a in 2015. >>> first up rick santelli at the cme in chicago. breaking news this time. it's wholesale trade. good morning, rick. >> absolutely. january wholesale trade, looking at whole sale inventories and wholesale sales, these are important to handicap gdp. up point 3. no revision to december. sales side disappointing news. we expected a down number maybe down a half percent, down .6 we ended up with count to 3.1. last month doubled down

sara eisen off again. market's doing its best to avoid a three-day drop. since january 19th. claims up to 320. estimate 295. we know what auto sales did for february. crude oil continues to hang on despite incredibly bearish inventory numbers from yesterday. >> this is our road map. costco profits surging in the february quarter, thanks to a tax benefit and of course those lower gas prices. the stock's getting a boost. we'll tell you how to play it. >>> plus the fed releasing results from the latest round of stress tests. find out what to expect from the big banks. >>> and an exclusive interview with the ceo of priceline from amsterdam. he'll weigh in on consoleidation in the industry, his stock's big run, what it's like to do business in europe now. >>> rick santelli on factory orders. rick? >> all right. we have tackfactory orders for january. everything's late today. up .2%. which is exactly what we were expecting. to give you some context on this number, of course being a first quarter number it's easy to know where the extreme high and low is. the all

finance and sara eisen and kirk greenberg in the house. welcome one and all.kevin o'leary from "shark tank". herb, since you're joining us in the house, what do you make of this soft patch for stocks lately? >> it's natural. it's healthy. what are you supposed to say? you have a market that only wants to go up. every time it falls, people freak out. it's no different than the earth's crust needing to let off some steam. this is let off steam. sectors have gotten overheated have come back in. now we will reset the clock. >> we always worry about one thing. that is what are we going to reset the clock. and it's going to keep resetting and resetting. >> right. >> that's the falling knife theory. in this case right now, you have such dynamics. what's going on in the mid east for goodness sakes. that should be the one thing scaring the living daylights out of everybody? >> does it continue until those aoefpbgts mention a events resolve? >> i think the geo-political stuff is mostly noise. people said if we sell off because of these air strikes and because oil is pop

carl quintanilla with sara eisen, simon hobbs, david faber at new york stock exchange.n thurn turning out to be the big of the two-day loss since january 27th and 28th, true for all major averages. oil trying to hang on to 50. >> our road map for the next 60 minutes. alibaba trading near its post ipo lows $60 billion of value destroyed as investors worry about sales number what happen to do with the stock now? a tale of two teen retailers. abercrombie, deep in the red, while american eagle gets a big boost. find out what american eagle is doing right. >> find out why despite falling oil prices storage for crude is nearly running out in the country. >> rick santelli in chicago. getting ism nonmanufacturing. rick? >> well, here we go. 56.9 february read for nonmanufacturing. the service sector the biggest swath, it should be much less affected by the port strike of course, because we're talking services indeed it is. 56.9 blends right into the range. especially when you consider last time was 56.7. high water mark was a while ago. 58.8, that was november. and that comp ba

i'm david faber with sara eisen and simon hobbs live from post 9 at the new york stock exchange.oldman sachs telecom conference firm's headquarters a few blocks from here joining us live with more from there in a few minutes. a look at markets this morning. coming off a poor day. you can see rebounding a bit on all of the major averages with crude oil down right around 48 bucks a barrel. >> to the road map for the morning. bc partners managing partner ray month spider joins us for a first on cnbc interview for the pet smart acquisition. >>> the euro the dollar hitting 12-year lows. talk about emerging market currencies. >> how that strong dollar's affecting one of germany's biggest export industries, that would be the car industry. >>> bob pittman, ceo of i heart media, live with carl from the goldman sachs tmt conference. you know he's a media veteran, to say the least. founder of the mtv networks former ceo of aol time warner enterprises. bob pittman live on cnbc. >>> u.s. stocks rebounding after yesterday's steep sell-off. 2015 gains for the dow and s&p wiped out by the strong

carl quintanilla with sara eisen, simon hobbs. best day for the dow since early february. a broad level the revenue warning out of intel. euro of course all over the map, did hit 104.95 overnight. >> more on that during the next hour. vail resorts doubling earnings growth in the second quarter. the stock of the ski resort operator up sharply today, the ceo of vail will join us from an exclusive interview from denver. >>> shake shack and box falling sharply after quarterly results. >>> and exclusive interview with activist investor nelson peltz. he'll give us his take on dupont and other companies that can boost their shareholder value. >>> rick santelli breaking us in on inventories. >> well another number that slightly disappoints, just versus expectations. january business inventories expected to move up just a smidge and ended up unchanged. no up .1. and the reason i'm saying it's a bit weaker than maybe matched against expectations is you know how far back you have to go to reach another level of unchanged? because the numbers have been pretty positive as of late. we c

welcome back to "squawk on the street" i'm carl quintanilla with sara eisen, simon hobbs, post 9 at thetough tape especially coming off of yesterday. we've yet to put two up days together this month. oil not help falling below $43 a barrel earlier this morning. >> that's where we start our road map. oil prices fall, the oil services sector seeing big declines. how you should be playing these stocks. >>> apple planning a web tv service to debut this summer. find out what it means if there's more upside for apple shares. >>> and wall street under pressure ahead of today's fed meeting. investors weary of possibility of interest rate increase. a read on what to expect from janet yellen. >> a live shot of capitol hill. jack lew giving his annual testimony on the state of the international financial system before the house financial services committee. headlines from that testimony, of course, we'll bring it to you as soon as it crosses. >>> sometimes an image says it all. happy st. patrick's day, art. >> the rest of the day to yourself, sir. >> nice to see you. good morning. congratulations.

. ♪ >>> good morning, welcome back to "squawk on the street" i'm sara eisen with kayla tausche and davida look at markets we flipped into positive territory for the dow s&p and nasdaq. still they have been down every session this week. the nasdaq heading for its worst week in five months. wti crude and brent reversing yesterday's sharp gain. both up more than 10% for the week. >> a big show for you this hour. let's get to the road map. dow chemicals splitting off and selling one of its units. jim cramer will talk to chairman and ceo andrew liveris in a first on cnbc interview coming up in a few minutes. >>> plus the euro almost at parity with the u.s. dollar which should make it an ideal time to go on a shopping spree in europe but the deals might be harder to find. jim stewart just got back from europe, he'll talk fashion and currencies. >> blackrock's cio of fixed income will join us live to weigh in on the fed what could be on tap after the market route and we'll see the rate hike. >> breaking news on consumer sentiment. rick? >> absolutely. our march final read remember the mid month

i'm carl quintanilla with sara eisen, simon hobbs. closing an up week with up action.0, s&p 21000 and nasdaq 5000. oil helping along with biotech, which continues on a tear. >>> the road map for the hour. shares of tiffany down here after reporting its first sales decline in five years. >> the heat is really on the greeks in the wake eu leaders summit in brussels. >>> nike does it again with earnings beat but could be headwinds as the company warns about the strength of the dollar and its impact on the current quarter. >>> coming up later on newly retired dallas fed claire richard fisher in an exit interview with rick santelli at the bottom of the hour. >>> marks in the green coming off a wild week for equities and crude seeing a pop. wti up nearly 4%. delighted to welcome to the program blackrock's chief global investment strategist. good morning to you. >> good morning, simon. >> help me out with this market. explain what is going on here because we're now three weeks into march and can't sustain two days of rally in a row. and yet if you look at the fund inflows las

i'm carl quintanilla with sara eisen, simon hobbs, david faber.or the week. dow jones industrial average at 17,808. we've got goldman saying the dollar could rise another 20% over the next couple of years. oil, at its lowest level since january. >> let's get to the road map for the morning. disney coming off a new all-time high announces sequel to megapopular movie "frozen." where the stock goes from here. >> also ahead, charles schwab getting into the robo investing space, previously dom nated by start-ups. how do the start-ups feel about the big, new competition. the ceo of betteman will join us live. >> the new york city fc playing its first home game at yankee stadium. tickets in high demand but the event without some controversy. we'll talk to the president about all of it. >> first, rick santelli with breaking fuss on consumer sentiment. >> here we go. this is march, the preliminary, february's final was 95.4. we're looking for a number but disappointed. 91.2 is our march preliminary university of michigan sentiment. some context. 98.1 our f

sara eisen at the nasdaq which hit a milestone, closing above 5000 for the first time in 15 years.. the dow is off almost 90 points. everyone, though watching the nasdaq this morning. sara is there. good morning to you. >> good morning to you, guys. as you are saying carl nasdaq backing off from the 5000 level this morning. everyone's saying this time is different, it's not 2000. the cover of the usa today, this is not your father's nasdaq, we're not in a tech bubble ala 2000. but what about the similarities? valuations, if you look at price-to-earnings ratio of the nasdaq 100, the chart where we're nowhere near where we were 15 years ago but stocks are more expensive than their historical average. also more expensive than the s&p 500's valuation. apple up 70% in the last 12. you have names like twitter, tesla, netflix trading more than 100 times earnings estimate. carl and simon and david, it's worth asking is the nasdaq pricey? a different angle on the fact that everyone this morning is reporting that this time is indeed different. >> it's got a lot of people talking. live covera

i'm sara eisen with david faber and kayla tausche, live at post 9 at the new york stock exchange.ith the dow down over 80 points. earnings in focus, obviously. also watching oil, increased violence in the middle east. wti crude is up more than 2%. >>> let's get to our road map for the morning. twitter launching its own competitor to mere cat, but will periscope measure up? we'll give it a test. >>> oil prices bouncing back west texas crude, up more than 8% since just monday. but are gains only temporary. >>> the one and only art cashin navigates the big market moves. >>> let's start with the market across the board. u.s. stocks tumble a fourth da in a row. oil prices surging after saudi air strikes if yemen, with wti past $50 a barrel again. joining us chad morganlander and scott brown, chief economist at raymond james, to talk about the soft data in the u.s. a number of worries now. talking earnings and guidance coming in below expectations. it doesn't help to have geopolitical concerns back at the front end. >> it's convergence as well as valuation of the s&p 500 everybody and t

sara eisen, back to you. >> thank you rick. >>> with the dow up almost 90 points, first trading day ofhat nasdaq 5,000. looks like we're inching ever closer. oil beginning the month in the red with brent down more than 2%. so as we kick off march, what can investors expect? joining us is fund strat advisers founder tom lee. tom, we talked to you a month ago after a disappointing january. you kept your optimism. we just had a tom lee-style month. are you still expecting double digits this year? >> yeah. i think -- i'm feeling a lot better after february. i'm sure a lot of investors are because we not only got better data but we saw the markets bounce nicely. and i think what's also been encouraging is the right groups are outperforming. utilities underperformed. cyclicals had a great month. growth stocks did quite well. you know -- >> you're feeling good. except for a lot of people are feeling good. sentiment is high. investors are pretty bullish. the vix is low. does that tell you that too many people are feeling bullish? is there any signs of exuberance and perhaps that means that the

. >> sara eisen, can you at least tell us why the dollar has made this kind of move?g on with the dollar itself. >> you have two things going on. you've got strength in the u.s. economy, and that was just super charged and reinforced by a strong jobs number on friday with the unemployment rate down to 5.5% reinforcing the view and the federal reserve has hinted at this that it's going to raise interest rates as soon as this year that causes dollar buying. at the very same time the european central bank launches quantitative easing flooding the economy with euros and a lot of emerging markets are easing which leads their currencies to sell off. you have this one-two punch and that's the problem. the backdrop is strategists don't see that changing any time soon. they're taking down their forecasts and selling stocks because profits in s&p 500 while larry is right about the positive impact over time right now are getting slammed by this. if you have business overseas. you have seen it in the last earnings quarter. >> i don't agree. i just give you the apple example. >> p

joining me at post nine cnbc senior contributor, larry kudlow sara eisen and nathan bacharach from simplyr more is greg ip from "the wall street journal" and steve grasso will join us momentarily. nathan, your gut response to what we've seen? >> so many comments so little time. a lot of yellen no screaming. janet yellen ran out of patience, you as an investor better start having some. i think when you cut through all of the headlines, guess what? gold is up. i don't think it's staying up for very long. oil went up it's not staying up for very long. there's way too much of it building up in cushing. it's not going to be around for very long. the dollar forget about it. the dollar has only one way to go and that's back up because the euro only has one way to go and that's back down. >> that's why it's so interesting and we were asking jack, if suddenly the dollar is weaker, that's going to totally upset the trades everybody has on. >> it's helpful for the u.s. stock market. janet yellen and bill gross said this i'm sorry, larry, but the gut reaction was janet yellen put the u.s. in the curr

sara eisen and kenny polcari from o'neil securities joining us shortly off the floor as will "fast moneyteve grasso. welcome to you both. jim, it's a little bit of a lull before the storm as you have discussed here at length. the european central bank tomorrow, we get payrolls on friday. is this market like a coiled spring? do you think it's about to move sharply one direction or the other? >> i think it very well could. it's all about the central banks right now. we had the people's bank of china over the weekend that made their move. the bank of india last night. if you look at the data though in the u.s. and you look at the economic data over the last three weeks, hadn't been that good. so i don't think we have to fear our own central bank as much as maybe surprises from other central banks. i think interest rates stay low for longer. i think the market goes higher. we just hit new highs. it shouldn't surprise anybody that the markets has sold off a little bit. >> before we get further into that because we haven't seen you yet, what was your reaction to the nasdaq closing above 5,000

welcome to "squawk on the street" i'm carl quintanilla with sara eisen, simon hob of the new york stock schultz of starbucks. stocks are struggling in the premarket as we await the fed decision. fedex, oracle general mills on the tape. we will see eia inventories at 10:30 eastern time. ten-year yield inching closer to 2%, just a shade about that now. >>> in our road map, earning