sara eisen has more on nike's numbers. >> the takeaway from nike's beat, this is a company in the middle of an upswing in innovation and solid growth, but the marke is already onto it. nike posting very strong sales across geographies, from north america to europe to despite some warnings and evidence of an economic slowdown in different parts of theworld. why? innovation is key. and you see that in higher margins. nike is able to charge more for newer produche, like epic react and the vapor max that are resonating with consumers right now. the only challenge, wall street is already onto t story. the stock has run up 20% to a record high. 's rebounded strongly off the lows, leaving some investors t wonder what's next. for "nightly business report," i'm sara eisen. >>> biogen shares had their worst day in more than a decadet this the biotech company said it was stopping t phase clinical trials of an alzheimer's treatment. considered obeen of the most promising in the fight against the memory-destroying disease. the company says the decision to halt the tris was n due to safety concerns, b

i'm sara eisen here with david faber live from post nine at the new york stock exchange.has the day on assignment let's take a look at the market. stocks are up after ten straight up weeks for the dow the rally continues. it's up a quarter of a percentage point check out the nasdaq fueled by tech stocks fueled up half a percent and chinese stocks at multi-month highs. optimism over u.s./china trade deal i go away for a week and it's still the same story the market parties on on hopes of a deal. >> we start this morning with the trade optimism giving a boost to stocks this morning reports say we may be in the final stages of talks between china and the u.s. and a deal, well, it's said to be on the horizon. >> plus, criticizing the fed the president lark out at chairman jay powell deering a cpac speech. >> and a media shake-up. at&t's warner media announces significant changes in the leadership of its various divisions as it takes aim at competing on a direct-to-consumer basis with netflix. >>> we'll begin with the story moving the markets this morning around the world ther

. >> i'm sara eisen. >> airline executives speaking out today.t southwest, delta and united have to say about global growth, u.s. growth, consumers, competition, oil prices and much more those exclusive interviews coming up. >>> plus more chevron ceo michael wirth is here. we have had three different rally attempts up and down and up and down. higher right now dow as i mentioned positive, up 28 points. s&p 500 sort of flat tech outperforms the nasdaq up .25% >> and, you know, the start of the session, reversal of yesterday where we were worsening and now improved. >> better services numbers at the 10:00 hour and new home sales were better but revisions for the month of november, that's out there as well as the new chinese growth forecast. >> yeah. services number a tick up in yields and that hasn't dragged stocks down too much. >>> retail is on pace for its best day of the year kour courtney reagan has a look at the biggest movers. >> kohl's and target shares up target's full-year earnings forecast in a range above the consensus. store traffic wa

. >> i'm sara eisen.tocks seeing the worst week of the year fifth day in a row we'll break down the state of the economy with former ford ceo mark fields. he is here. >>> plus, international women's day. we'll talk to some of the most successful women on wall street and corporate america. that all to come a fantastic lineup and we look forward to those interviews. let's have a look at the markets with less than an hour left to trade. we're down 0.4%. thereabouts. 100 points or so on the dow. only one sector is positive. in fact, it is now not positive. all sectors lower on the s&p and for the week as a whole, sara, down 2.5%. >> every day down this week. we haven't seen that kind of losing streak in years transportation index in particular down 11 straight days. >> today outperforming china it's been the other way for the most couple of weeks. >> slammed. >> let's get straight to the economic story of the day. jobs feigns of february 20,000 a huge miss versus 180,000 gain. national economic director down

. >> i'm sara eisen. looking at the markets, we were down 232, up 100 the attention continues to be on the flattening yield curve, ten-year going back below that uh-oh point. nasdaq heavy down, .75%. >> i do feel like it's thursday or friday already. it's not. >> been a long week. spoke had new information saying we already knew the last hour of trade was the most important march has been different than january and february because in march, there's been selling into the close. january and february, there was a bias toward buying into the close. we'll see if that continues and whether it signals some sort of turning point into the markets. >> >> coming up, when's the right person for the job and the impact he could have on the market. >> making policy he wants to cut rates told "the new york times." >> right. >> boeing, two developments surrounding the grounding of its 737 max planes at this hour. ylan man-to-man ui is in washington, d.c. where a meeting is getting under way phil lebeau is in washington s

i'm sara eisen along with wilfred frost. near session highs the dow up 200 points.pple is the winner adding about 50 points to the law and most components are higher including nike ahead of the earnings next hour as for the broader markets, strong again up more than a percent. the nasdaq's doing well. tech trade is on nasdaq only group lower, financials. >> a similar trend to what we saw after the fed yesterday. banks down, everything else. much more pronounced and near the session highs with just under an hour left of trade. we'll take a look at shares of pu curaleaf soaring on cvs to sell some of the cbd talks and we'll talk to the ceo coming up on "closing bell." >>> let's begin with the two big ipo stories of the day bob pisani looking at he levi back in the public market and leslie picker with the latest on lyft's ipo roadshow. bob? >> it started here $14 to $16 price is $17 opens at $22.22. that's a pop the timing was just absolutely perfect. plenty of pent-up demand because the market closed for four months strong start to the year for stocks reasonable valua

i'm morgan brennan in for sara eisen.ill rejoin me in a moment along with mike santoli, senior markets commentator. here's how we're finishing the day on wall street as stocks settle near session highs with the dow finishing the day up 200 points. 25,651, up .8% despite 150-point drag from boeing after that deadly plane crash s&p 500 posting its best day since january 30th you can see that right there 2783 up 1.5%. nasdaq composite, a similar stat there. up 2%. led higher by semi stocks. 7558 russell 2000 up 1.8%, as well. here are the stories on the radar for investors. morgan stanley warning the stock market correction may not be over upgrades of apple an facebook fueling the nasdaq rally and a key brexit vote could move the market tomorrow. in terms of what we are seeing here, joining us to talk about the market day, katherine rooney vera good afternoon to you. but first, mike santoli, let's start with you major averages breaking a five-day losing streak how would you categorize it? >> finishing on the highs. whatever

i'm carl quintanilla live with sara eisen david faber has the morning off.&p dow surpassing 26k as we watch tesla, facebook, boeing and two-day fed meeting. >> and that's where our road map begins with the major averages rising as the fed kicks off its two-day meeting. they're looking for a dovish tone and no rate hike. in the s.e.c. firing back against tesla's ceo and his tweets >> and a bezos bombshell again how the national enquirer obtained the racy texts and photos from amazon's ceo >>> we start with the latest cnbc fed survey. it's out senior economics reporter steve liesman joins us with the exclusive results. morning, steve >> as we do on this show, look at the outlook for stocks. we're seeing a partial rebound in optimism and i can show you that on the graphic. let's see where they were back in november 2018 looking for 3038 at the end of 2019 for this year our cup ran eths over back then. and then you can see we got real depressed when we came int december and our last survey january. now you see some of that has come back but if you come over here

i'm sara eisen. >> i'm wilfred frost welcome back. >> thank you. >> hope you had a -- i know you had lovely vacation. >> good weather in miami >> big market day. great to have you back for crude oil trading higher here on wall street goldman's head of commodity trading jeff currie will be joining us. >>> analysts say this stock of salesforce is a buy. >>> let's have a look at the markets. it is looking better than it was a couple of hours back we opened higher, steady selling through until about lunchtime such that for the low of the day for the s&p down more than 1%. the dow the low down 414 but if we flip now and look at the four indices you can see we have split the losses essentially. down about 255 points on the dow. so still nearly a percent for the dow but the s&p down two thirds of 1% and nasdaq down 1%. >> real estate only group in the green within the overall market. dow seeing the biggest one-day decline. bob pisani has more on this intraday reversal, bob. >> aufoff the lows and seller exhaustion is the trend. take a look at stocks that are moving you have semiconductors.

i'm wilfred frost alongside sara eisen. take a look at the markets less than an hour left of trade.lipping a bit but still in the green. we are up 33 points on the dow the high was close to 200 points but we have been green throughout the session the s&p's up 0.2%. the nasdaq a little higher up 0.4. health care the top performing sector. >>> as president trump wraps up a news conference with the president of brazil, we'll talk to mark mobius. >>> first eamon javers at the white house with the highlights of the news conference eamon? >> reporter: that's right. it was supposed to be about brazil and the u.s. relationship and a most interesting comment of the president when he was asked whether or not social media companies should be liable for the content on their platforms. here's how the president answered that question. >> things are happening, names are taken off, people aren't getting through. you have heard is same complaints it seems to be if they're conservative, republicans, a certain group there's discrimination and big discrimination something's happening with those groups

. >> i'm sara eisen.ormer nec director gary cohn said the president is desperate for a deal with china. we'll get reaction from kevin rudd. >>> oracle hit with a double downgrade and will report after the bell with adobe, broadcom and ulta beauty first let's check the market lower but we started a little lower still than this and recovered to positive for most of the early part of the afternoon. the dow is exactly flat. s&p down .1% as is the nasdaq. >> mike santoli in the note today said we are jogging in place at the 2019 highs. we'll talk to him, of course, later. >>> new home sales in january sinking. diana olick has more on what that signals for the economy and the housing market, diana. >> reporter: it may just be that consumers are pulling back from those big ticket items this was a surprise, especially given the drop in mortgage rates. sales of newly built homes fell nearly 7% in january compared to december and down over 4% annually according to the census this as the average rate on the 30-year

i'm sara eisen. >> i'm wilfred frost it's a rough week for facebook the stock falling some 2% so farhis week and today on a slew of negative news. we have executive editor cara swisher to break it down. >>> tesla also falling today the company unveiled the new model y suv last night is the tesla hype waning an analyst took it already for a test drive. >>> on the markets, set to cap off a pretty strong week with gains across the board we have really lifted nicely throughout the session with the dow up 153 points. or .6% nasdaq on track for the best week of the year of 1% gain today. so we are looking strong going into today got a mixed batch of economic data and the markets lifted. >> absolutely. up 4% for the week as a whole is the nasdaq let's dive boo the chip stocks first of all soaring today. bertha coombs at the nasdaq with more on that bertha >> chips the driving force in tech broadcom's earnings sending the shares to a new historic high and the forecast for a second half momentum providing a lift to the sector today. cree with a 52-week new high lam research with a boost on an

i'm sara eisen here with wilfred frost.abli taking a look at the markets you almost - >> four second. >> you got it. we'll work on that dow's up 30 points boeing is the biggest drag again today taking 40 or so points off the dow. session highs up 50 a moment ago. heading into the best first quarter since 1998 today it's energy on top of the market list in terms of sectors. consumer discretionary, financials, industrials all going strong, as well. >>> after a post-ipo surge, shares of tilray have fell and we'll talk to the ceo after announcing results. >>> the market event of the fed meeting not expecting an interest rates move but the next guest said they should be considering a rate cut this year joining the "closing bell" exclusive is former minnesota fed president. nice to see you again. welcome. so, it sounds like you unlike some of your fellow economists are more with the market view on this that the next move is going to be a cut instead of a hike. why? >> well, thanks for having me on first of all, before i go on to

i'm sara eisen here with david fiber.rning off let's take a look at where we stand in the markets rally day. stocks are higher. the s&p up by about a percent. so is the dow. the nasdaq up 1.25% on stabilizing treasury yields. >> let's get to our road map it begins with apple getting into the biz how will it differentiate itself from the competition we'll break down the streaming wars and twhat may signal for investors. >> uber buying its middle east rival. and mcdonald's making its largest acquisition in 20 years. >>> and arianna huffington on apple's big content push and her new seat on the board of the social networking app. a lot to learn, i am sure. >> about millennials, which you know so much -- >> i think it's more the gen-z, gen -- i'm talking more 16 to 25 where i'm thinking >> kardashian was good but i would have chosen some actors. let's start with the markets we're seeing a big jump in stocks it's broad based 1% gains across the major averages reversing what we saw really friday yesterday, stocks didn't do a wh

i'm sara eisen here with wilfred frost. session highs right now. the dow is off about 0.8%.arry kudlow just telling cnbc, he and the president want to see a half a point rate cut and a stopping of the balance sheet reduction. but the federal reserve is independent. the nasdaq is up 0.8%. technology a big winner all day. big gains in healthcare, industrials. both groups up 1%. lyft surging in itse ededy debu. >> it was a good end of the week in asia and europe >>> coming up, the ceo of bnp paribas on whether this is one of the worst quarter environments in history. >> we begin with today's lyft ipo. seema mody is at the nasdaq market site where shares opened for trading before noon eastern. deidre bows is de de and we seema, so let's kick it off with you >> it was a crucial day for nasdaq and gets shares of lyft to the market in a timely manner lyft opening for trade at around 11:45 a.m. eastern at $87. though as you can see, off the highs. trading around the $80 handle. with the gains, lyft has a market cap over $23 billion, making it larger than her i have, discovery and mo

. >> i'm sara eisen.tocks seeing the worst week of the year fifth day in a row we'll break down the state of the economy with former ford ceo mark fields. he is here. >>> plus, international women's day. we'll talk to some of the most successful women on wall street and corporate america. that all to come a fantastic lineup and we look forward to those interviews. let's have a look at the markets with less than

we'll hear more from sara eisen on that interview and what it means for stocks at home and sallie krawcheckouncing a new round of funding from big names like melinda debates, paypal, master card. quexjoins us nt. "sawk alley" after this quick break. ht to the course for just $39.00 ? yup that's what we do. and you guarantee they'll get there? yup that's great! i have two sets. you know ship sticks only ships golf clubs? right? honey are we there yet? umph! ship sticks. that hurt. this isn't just this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving simple. easy. awesome. stay connected with the best wifi experience and two-hour appointment windows. click, call or visit a store today. >>> getting a check of markets higher off the highs of earlier in the session dow up 29 points, 25654. the s&p and nasdaq hanging onto gains. materials and c

. >> i'm contessa brewer in for sara eisen shares of tesla tanking after elon musk says he doesn't expectompany to turn a profit in the first quarter. >>> plus amc on pace for the best day since going public in 2013 the company's ceo will join us for an exclusive interview that also is coming up. >>> first of all, market action. we have 59:3

i am jon fortt, with me morgan brennan and sara eisen carl is off. >> shares of apple are falling thisng down about a half percent, although well off lows ahead of the company's highly anticipated product unveil josh lipton joins us from cupertino for a look at what to expect hey, josh. >> reporter: so morgan, i covered a lot of apple events over the years, this is expected to be a lot different. for one, we may see serious hollywood superstars here. reportedly invitations went out to reese witherspoon, jennifer aniston, jason mamoa when he takes the stage, it is not expected to be on hardware, it is haeanticipated he will fo on new digital services. we expect a new video streaming service including original content and access to other streaming services like hbo. then apple takes a cut of the transactions a news product that includes content from newspapers and publishers, "the wall street journal" is involved on that front. reports new services would be under that broader umbrella, that services segment which apple is touting as a bright spot, even as the iphone franchise has come un

i am jon fortt morgan brennan and sara eisen live from the floor of the new york stock exchange. carl is on assignment. we begin this morning with amazon shares up 2% as evercore raises a price target on the stock, citing gross profit as a more important metric than revenue, taking it under $2,000 a share meantime, amazon's announcement of the new grocery venture sending names like kroger and walmart lower last week. this as "new york times" publishes a profile of amazon's chief executive, how jeff bezos went to hollywood and lost control. where does the stock go from here for more on all things amazon, we're joined by elevation co-founder, early facebook investor roger mcnamee, up with a new book, zucked >> good to be here. >> a lot of ways to come at amazon with the headlines. >> new angles we're not used to relative to amazon >> the upgrade, given how big a part bezos amazon, are you surprised the stock held up this well with questions? >> i'm actually not. i think jeff bezos is arguably the smartestpers person i met a capable tactician. the company is in good hands, even with

i'm sara eisen along with wilfred frost. near session highs the dow up 200

i'm wilfred frost alongside sara eisen. let's check in on the markets. we have lost steam into the final hour of trade but it's still a positive session, up 0.4% for the major indices. s russell is 0.8%. every sector is positive, led higher by energy, communication services at the bottom >> all the focus lately has been on the bond market coming up, fed funds futures, key market, saying we may see a rate cut from the fed as early as september former fed governor sarah bloom raskin will be with us. >>> bond markets appear to have stabilized following a big drop for the 10-year and mike santoli is here with more. >> yes, wilf looking at what the bond market is doing, especially in the past week or so, you look at about a one-month chart of the s&p 500 against the 10-year treasury yield, and starting just a few days ago when the 10-year yield broke decisively below, it got stocks' attention. before that low yields, good credit markets of been supporting stock valuations and been behind this rally it got down to a level that people said do we have to be conc

. >> i'm sara eisen. >> airline executives speaking out today.t southwest, delta and united have to say about global growth, u.s. growth, consumers, competition, oil prices and much more those exclusive interviews coming up. >>> plus more chevron ceo michael wirth is here. we have had three different rally attempts up and down and up and down. higher right

. >> i'm sara eisen.r nec director gary cohn said the president is desperate for a deal with china. we'll get reaction from kevin rudd. >>> oracle hit with a double downgrade and will report after the bell with adobe, broadcom and ulta beauty first let's check th

i'm sara eisen here with wilfred frost.li taking a look at the markets you almost - >> four second. >> you got it. we'll work on that dow's up 30 points boeing is the

i'm sara eisen. >> and i'm wifred frost.ood afternoon. >> president trump holding a meeting with top business leaders. latest from the white house. >> markets, under an hour left of trade not too far from the lows of the session, down 120 points on the dow, low down

i'm sara eisen here with wilfred frost, checking out the markets.over the map today. dow is lower at this

i'm sara eisen. >> i'm wilfred frost welcome back. >> thank you. >> hope you had a -- i know you hadather in miami >> big market day. great to have you back for crude oil trading higher here on wall street goldman's head of commodity trading jeff currie will be joining us. >>

i'm sara eisen here with wilfred frost, checking out the markets.e've been all over the map today. dow is lower at this moment. it's sort of a mini sell-off, down 18% it got as low as down to 130 at this point it was as high as up 100 check out the russell 200 index, small cap outperforming, up 1% the s&p 500 is pretty much flat. groups that are strong all day, consumer discretionary, some of the discretionary, like reits okay but technology not having a great day and the banks are down >> and the ten-year is at 2.41 at the moment. we should also mention the action in asia overnight down 3% for the nikc nikkei. all of that in mind, the u.s. is resilient. >> you've still got that gloomy mood around global growth concerns and it's very prominent right now in the bond market, for sure >> absolutely is only a slight decline in the equity markets coming up, former discovery president john ford will tell us whether he thinks apple has what it takes to make it as a media company. >> we'll start with the event in apple. by the way, apple shares are still un

i'm wilfred frost alongside sara eisen. just under one hour left of trade.s the screens over 1% of

. >> i'm morgan brennan in for sara eisen january retail sales higher than estimates.ll get a read on the consumer when we speak with ceo first on cnbc. >>> plus, we are taking you inside south by southwest for a look at some of tech's coolest new gadgets. bit of fun coming up with that story. >>> let's check in on the markets. just under an hour left of trade. the dow is the laggard of the major indices because of boeing. it's paired the losses

i'm sara eisen. >> i'm will frfred frost we will pick up with the breaking news. trump ordering boeing 737 max 8 planes to be grounded. a live look at the flight tracker of 737s in the air right now. no new ones will be taking off some due to land we will talk to gordon bethune, that is coming up. let's get first of all to contessa brewer for an update on all the latest breaking news as it relate ts to boeing. >> today has been

i'm wilfred frost alongside sara eisen. take a look at the markets less than an hour left o

i'm sara eisen. >> i'm will frfred frost we will pick up with the breaking news. president trump ordering boeing 737 max 8 planes to be grounded. a live look at the flight tracker of 737s in the air right now. no new ones will be taking off some due to land we will talk to gordon bethune, that is coming up. let's get first of all to contessa brewer for an update on all the latest breaking news as it relate ts to boeing. >> today has been a turn jabts of stances when it comes to these max 8s because we saw both the canadian transport minister and now president trump deciding to ground the planes in the air space over both canada and the united states. let's go to the white house where moments ago the president issued the order >> we're going to be issuing an emergency order of prohibition to ground all flights of the 737 max 8 and the 737 max 9 and planes associated with that line any plane currently in the air will go to its destination and thereafter be grounded until further notice >> in fact, we're hearing from boeing now that they are recommending to the faa t

i'm sara eisen. >> i'm wilfred frost it's a rough week for facebook the stock falling some 2% so far on a slew of negative news. we have executive editor cara swisher to break it down. >>> tesla also falling today the company unveiled the new model y suv last night is the tesla hype waning an analyst took it already for a test drive. >>> on the markets, set to cap off a pretty strong week with gains ac

i'm carl quintanilla with sara eisen at post nine here at the new york stock exchange.the markets a bit of a push and pull between the bulls and bears. dow down 21. >> and the road map for the hour starts with the wait-and-see approach investors searching for clarity and includes on u.s./china trade talks. >> and ge says cash flow will be negative later this year. >> and later we'll speak with the ceo of beverage giant suntory to see how tariffs are impacting that company's bottom line. >> stocks lower with u.s./china trade talks still in focus government data just released showing the trade deficit widening in december to nearly $60 billion. largest since october 2008 despite the concerns, stocks still off to a strong start for the year with the s&p up more than 10% so far. this as today marks ten years since the s&p hit its intraday low of the financial crisis. it was back in 2009 s&p hit 666. hard to believe. it's been quite a journey. can stocks continue to climb joining us now is the global chief market strategist at cantor fitzgerald and kevin krohn, senior portfo

. >> it's time now for business before the bell with sara eisen. criticism by trump? >> according to the fed, none of it. they would say they're an independent institution, they don't get involved in politics. they tune out the politics, but i mean, you're right to point out that president trump is getting what he wants here but maybe not for the right reason. so the big news is the federal reserve says no more interest rate hikes projected for 2019. why? because they took down their economic road forecast. they're now expecting growth to be 2.1% for this year which is a downgrade from december which is a 2.3% growth rate. so they're no longer expecting the kind of boom that we were expecting earlier and that's partly because the stimulus from the tax cuts are waning, global growth is slowing partly as a result of the tariffs and other spending and job growth, which is why the fed says no more. also anted to just point out, usually here at the new york stock exchange, there's a very strict dress code -- no jeans allowed on the floor. today there's

good morning, welcome back to "squawk on the street," i am david quintanilla with david faber and sara eisen boeing is down 9% but apple is up 2.5%. our road map we'll begin the airline stock sinking after another crash involving boeing boeing shares on their worst day since '01. >> it is the oldest company on the new york stock eck change, sotheby turns 275. the ceo will join us let's get to rick santelli >> a final read on business inventory as we get ready to close out the first quarter of '19, right? that's our fourth up 6.10 read you can see we close rather firm that'll have some positive implications for any upside revisions to fourth quarter gdp as we all debate how soft first quarter gdp may be yields slipping just a little bit at this point, i am not sure if the trigger of that is inventories. we want to pay close attention, 10-year note yield are getting in the low 60s >>> investigators say the black box had been recovered from the fatal crash of the ethiopian jet. ethiopian airlines grounded all of those crafts. boeing shares down 9% this morning. our fipi phil lebeau joins us wh

i'm carl quintanilla with sara eisen. faber is on assignment we're bouncing a touch here. as the ecb goes dovish and cuts a bunch of forecasts >> our road map starts right there. draghi speaks. investors listen stocks extending their losses as ecb president slashes growth forecasts. >> and the canopy growth's ceo. >> and we'll speak about why martha stewart is partnering with his company >> so stocks and the euro are seeking this morning ecb president mario draghi is cutting growth forecasts, announcing more loans for banks. other steve liesman is here with all the implications from around the world. >> good morning, the u.s. central bank, a surprise moves of dovish moves reversing course from last year when it was tightening up and downgrading its growth and inflation action. actions taken by the ecb it extended its low-rate guidance saying it will remain low through the summer and remain at current rates to the year end launched a new lending facility yield and it will reinvest the proceeds from qe had been doing that, but now it looks like it's doing that draghi pointed

i'm carl quintanilla with sara eisen at post nine of the new york stock exchange.er has the morning off. markets trying to hold on to the flat line. dow down 12 points and we have stories from boeing and ge and facebook. >> our road map for the hour starts with boeing as the faa grounds all max 8 jets following two crashes in the past six months. >> earnings forecasts fall short of estimates for ge but larry culp says next year is game on. >> facebook's data deals are reportedly now the subject of a criminal investigation we've got the details for you. >> we'll start with boeing this morning. the faa is grounding all 737 max jets, as you know, following two deadly crashes in under five months contessa brewer has the latest on what has become a major developing story contessa >> sure has, carl. the faa did an about-face after it got refined satellite data and crash site information that showed similarities between the crash site in indonesia and indian air flight 203. the cockpit voice recorder and data recorder are now in paris the black boxes were damaged in the c

i'm sara eisen wilfred frost rejoining me in a moment along with mike santoli, cnbc senior markets commentatorall street, another down day fourth in a row. dow closing lower, 200 points. that's about .8 of 1%. most dow stocks finished in the red. s&p 500 closing lower. the only group to close positively was utilities consumer discretionary today was the hardest hit with financials, technologies, materials, all down sharply nasdaq down more than 1% biggest loser of the averages. russell 2000 didn't underperform as it has in recent days and still weak coming up, investor jeremy grantham explains why he is so bullish on emerging markets. here's the stories on the radar. u.s. household net worth plunging in q4 by the most since the financial crisis the federal reserve making big changes to the bank stress test and kroger plunging. joining us to talk about the market today, stephanie link, global research director we're also going to get costco earnings this hour mike, we are now in a losing streak. >> yes we have a pullback of some description. we don't know. 2% off the highs, closing highs for th

i'm sara eisen here with david faber live as always from post nine at the new york stock exchange carlas the morning off. take a look at markets stocks opening up higher as the treasury rally has eased a bit today. the s&p 500 up .3% and do you up 48 points and our road map for the hour will start though with representing for liftoff, the ride-hailing giant ahead of its public debut tomorrow. we'll break down investor demand. >> a rally in well-known retail names. lululemon and pvh both soaring, why and what the move signals about the state of the global consumer >> europe's competition commission margrethe vestager slapping the eu with another fine and joining us to talk about it next. lyft upping its price range valuing the ride-hailing service at $20 billion deirdre bosa as we count you down to tomorrow's i'm row. >> the range being upped from $70 to $12, up from its previous expected range of $62 to $68 a share. we'll get exact price after the market close today, and if all goes according to plan, shares should start trading tomorrow morning on the nasdaq. now, this new pricing cou

i'm wilfred frost alongside sara eisen. just under one hour left of trade. across the screens over 1% of declining for the s&p, russell, dow just underneath that level and still essentially a 1% decline the russell certainly bottom of the pile down 2.6 in large part of the weighting of banks in the index. here's the intraday chart. the low of the day around 1:00 p.m. and we have stabilize a little bit. >> down 450 or so on the - >> since lunchtime one hour left. still down over 1% on the s&p. >> weaker for the week as a whole, as well market expert wills tell you what today's move means for your portfolio. what to do next. just to name a few, all joining us with advice over the next two hours. >>> we also have mike santoli and rick santelli and starting with them with the inverted yield curve that everybody talked about first time since the financial crisis for more, rick at the cme. mike is here at post nine. rick, let's start with you. >> all right let's have a quick primer. first of all, let's look at textbook curves. look at inverted first an inverted yi

. >> i'm contessa brewer in for sara eisen shares of tesla tanking after elon musk says he doesn't expecthe company to turn a profit in the first quarter. >>> plus amc on pace for the best day since going public in 2013 the company's ceo will join us for an exclusive interview that also is coming up. >>> first of all, market action. we have 59:30 left of trade. session highs was 220 for the dow. anyway, we're up 0.6% and the s&p quite close to its session high an that gives us a nice gains for the week, as well. on the s&p and the nasdaq. >> yeah. in fact, the s&p having its best start to the year since 1991 we want do get to bob pisani for more on this. >> we are up 12% for the year. best start in a long, long time and obvious investors are betting on cyclicals and maybe a little bit on global growth. take a look at the winners so far in 2019 an it's banks, semiconductors, industrials and energy all outperforming three of the four are global players, semiconductors and industrials and energy and not just a play on cyclicals but global, as well. when's lagging defensive names. going after

i'm carl quintanilla live with sara eisen faber is with us from one market in san francisco on a week's a bit of a tough time getting out of the red. down 65 on the dow and down 7.5 on the s&p some data about to cross the tape including new home sales and ism services let's get to rick santelli >> well, not so old. on the ism nonmanufacturing, looking at february and, indeed, the biggest swat on the u.s. economy. we're expecting anumber in the 57 camp. we end up with a big number. 59.7 59.7 that's the best number going back to september of last year when it was at 60.8. and that number was the best going all the way back to '05 which was 61.3 and that number was a 20-year high this really is a surge now new home sales definitely an old number this is december expecting 600. we end up with 621,000 seasonally adjusted annualized units and that follows a downward revision. a rather large one from 657 to just under 600,000 at 599 which really boosts this number. puts it up to, what, up 599, 621, big number. like up 16 percentage. excuse me. 3.7% 3.7% so that's a biggie we want to go to dian

i'm carl quintanilla with sara eisen and david faber at the new york stock exchange. arrows for the first time in a few days. as we said earlier, vix at the lowest level in five months. >> our road map starts with global groundings. pressure growing on boeing after two fatal crashes in five months, but u.s. is holding off on grounding the 737 max 8 a former u.s. transportation secretary and the former chairman of american airlines are both with us to discuss. >>> plus, adidas shares are slumping is a the company issues a sales growth warning hear what the ceo had to say. >> and a scandal rocking the nation as dozens are indicted in what the government calls a massive case of admissions fraud. we'll give you the details >> we start with boeing. as carl mentioned, shares actually higher this morning, up 1.5% on pace to break a seven-day losing streak after shedding nearly $27 billion in market cap just over the last two sessions yesterday the company ceo dennis mullenburg expressing confidence in his planes but our next guest thinks they should be fully grounded until a

i'm sara eisen. >> and i'm wifred frost. good afternoon. >> president trump holding a meeting with top business leaders. latest from the white house. >> markets, under an hour left of trade not too far from the lows of the session, down 120 points on the dow, low down 170. that equates to 4.7 at the moment, nasdaq down .75%, russell bearing the brunt of the selling, down 1.7% we opened lower, steadily sold off throughout the morning and been around flat for the afternoon. >> we'll talk a lot more about the selloff on wall street kayla tausche for more on today's meeting. >> we are about an hour into a round table meeting going on, on the white house campus here today with about two dozen business leaders from local government and community colleges, providing an update on retrain retraining, newly created council just created by the president's daughter and adviser, ivanka trump, just recently this is something that ivanka trump has been espousing and pushing for as far as policy goes since the early days of the trump admini

i'm carl quintanilla live with sara eisen live at the post 9 at the new york stock exchange.roving a bit here dow up 50 points and apple up 2.5%, but the big story today, of course, is a new ipo, the largest listing on a u.s. exchange this year. >> our road map for the hour starts there levi strauss, the 166-year-old jean-maker set to return to the public markets right here at the new york stock exchange. we've got you covered. >> plus, shares of biogen are plunge after ending a trial for a potentially bloc buster alzheimer's drug it's on pace for the worst day since '08. >> and a global economic slowdown concerns coming to light we're going to break down the state of the consumer, ceo of restaurant brands international, parent company for burger king, pop eyes and tim hortons is with us >> first stop, the world's largest denim brand as a private company, but that's about to change levi strauss set to go public right here at the new york stock exchange pricing above the rake at $17 per share it's the second time the company is going public. remember, after being taken private

i'm sara eisen wilfred will rejoin me shortly it looked like initially there was going to be a pop ont of the fed, no more rate hikes for 2019. start reducing the balance sheet in september it closed lower by 141 points. s&p turned south down a third of one percent. didn't help earlier in the session president trump came out and said we're still looking at keeping tariffs on, even if we get a trade deal with china. that sort of fed into the narrative today. the nasdaq did remain positive as bertha coombs noted earlier, social media stocks did a little bit better, helping the overall nasdaq into positive territory netflix, twitter, facebook, alphabet all leading the charge. russell down .75%. and the dollar sinking honeywell ceo on committee and whether the grounding of boeing 737 max jets could impact his company's bottom line. he is a supplier to those planes >>> here are the stories on our radar fofr investors fed says no more hikes this year ceo jamie dimon says tech giants are about to get hit with a full monte of regular oversight he has been there. and chip maker micron earnings

i'm carl quintanilla with sara eisen, mike santoli and cramer and faber are off today.uadruple witching today, and we'll watch for developments in the mosque attack in new zealand overnight. at least 49 killed europe trading higher. empire manufacturing, ten year yield just below 6.1 trade optimism, new signs of progress in china u.s. talks and stocks pointing to a rally at the open, shaking off worries about slowing global growth. >> musk bets on the midsize suv. shares falling premarket >> and big tech driving the market to new 2019 highs what is behind the resurgent faang rally this year? >> stocks on track to open high we are the tech sector on pace for the best week of the year heading into today's session the dow and the s&p 4% away from the all time closing highs the nasdaq almost 6% away. week to date, guys, the dow is up 260 points, despite a 334 point drag from boeing >> yeah. boeing, what we looked it up, worst week in about two years. down 11% but the strength continues and, you know there is no major explanation or catalyst given for this week's big move, t