will pay for it and the producers in mexico and china pay for this >> that was "closing bell's" sara eisenouse trade adviser peter navarro on trump's latest tariff threat against mexico those threats having a ripple effect across the markets and throughout the food industry sara will break down the impact on food and beverage companies kate rodgers has the restaurant effect and aditi roy is covering the fallout for agriculture. sara let's start with you >> you know where your toothpaste comes from? >> no. >> well, maybe mexico. a tube sma smartalec. consumer companies, we're talking food, beverage, household products, make and source products from mexico. they also sell a lot to mexican consumers. that's where the biggest tape comes from according to analysts companies that have a bunch of sales exposure in mexico between the currencies plunge which we saw big-time today and the weakness it could cause for the mexican economy. those sales are at risk. here's how jpmorgan breaks it down, who it feel it the hardest. colgate palm olive coke and pepsi each with about 6% apiece. procter & gambl

i'm carl quintanilla with sara eisen and david faber. stocks looking to bounce here.ing to avoid five weeks down on the dow. >> our road map starts with britain's embattled leader stepping aside >> so i am today announcing that i will resign as leader of the conservative and unionist party on friday the 7th of june so that a successor can be chosen >> will britain depart the eu without a deal in place? we'll take you live to london. >> the oil slump recovering slightly this morning, but seeing the biggest weekly drop of the year. >> the faa says it won't release a timetable on getting boeing 737 max planes back in the air, but a new report says otherwise. we're going to bring you up to speed on the latest. >> we begin this morning with theresa may resigning. our villa marks joins with us the latest. >> reporter: an emotional end, she walked outside of downing street and announced she would be resigning as leader of the conservative party and thus resigning as british prime minister she made clear that there was among many reasons a very important one that was responsi

. >> i'm sara eisen. we'll tell you everything you need to know before the market closes >> here are the major indices with 59 1/2 minutes left of trade. down 0.2% on the dow s&p down 0.1%. nasdaq down 0.2% you've got the utilities, real estate and staples energy the big decliner. >> qualcomm is the big stock story getting crushed after a judge ruled the company violated antitrust law. we'll discuss whether the drop say buying opportunity >> and the pile-on for tesla continues with another negative note out today while the bulls get behind beyond meat once again we'll give you the word on the street moving those two stocks >> joining us for the hour is josh brown, ceo of rittholt wealth management. we're lower, off the lows of the session. fed minutes didn't do much to turn the market around >> the word is paralysis every time you get a new reason to sell, maybe we back off a little bit but markets are neither gaining ground nor losing ground we've had a couple of 1% days this spring but really it's been

. >> i'm sara eisen. hopes for a trade deal help stabilizing the market today dow up more than 120 points. we'll give you the latest details. >>> disney earnings due out after the close. captain marvel, espn subscribers, "star wars" and much more will be in focus we'll break down those numbers as soon as they are released >> lyft getting hit after negative reports surrounding uber's ipo what to expect for uber pricing tomorrow "closing bell" starts right now. >>> welcome to the "closing bell." a much calmer and more positive position in the markets with just an hour left of trade today than we've had on either the last couple of days. 0.3% on the s&p. the nasdaq up about -- the dow bup 0.5% nasdaq about 0.25% russell just negative. real estate the top performing sector utilities down let's start with stocks jumping higher on new hopes for a trade deal with china. eamon javers is at the white house with more. >> a morning full of news on the trade front here we started off with thistweet from the president

i'm sara eisen >> and i'm wilfred frotd we've got 59 minutes left of the trading day.ell you everything you need to know before the market closes on this wild down day >> here's what's driving the action today china trade rhetoric is heating up, especially in the chinese media where the global editor says the u.s. is becoming a fachist country. more chip companies cutting ties with huawei. and the

. >> i'm sara eisen. big question, could we close positive after trade war fears and stocks sinking this morning? details on negotiations with china. >> blackrock's rick ryder will tell us whether -- >> and carson block will join to us discuss a new firm he is backing. "closing bell" starts right now. >>> welcome to

. >> i'm sara eisen. you need to know before the market closes >> here are the major indices with 59 1/2 minutes left of trade. down 0.2% on the dow s&p down 0.1%. nasdaq down

i'm wilfred frost. >> i'm sara eisen.h mike santoli, cnbc senior markets commentator, here's where we're finishing up today on wal session dow jones industrial average down a little more than 1% loss of 286 points a lot better than we we were at the lows, down 444 points on the dow. recovery starting at 3:00 p.m. final hour of trade. and all the way up until the close. still hit pretty hard. the s&p 500 down 1.2%. the nasdaq got hit even harder, down 1.6%. technology squarely in focus whenever these trade concerns flare. and the russell 2000 index of small caps sort of risk-on barometer lately down 2% >> industrials, tech, energy we saw a big move in yields. we're talking about falling below 2.4 on the ten-year yesterday, below 2.3 today that meant utilities high, financials lower, weighing on those sectors. >> i think that's the big takeaway for today is it wasn't just about the stock market. bonds have been calm pretty much but not today. we saw that drop below 2.30. 17 1/2-month lows for the ten-year treasury yield. co

i'm wilfred frost. >> i'm sara eisen.ior markets commentator here's how we finished up the day on wall street and markets did hold near the highs pretty much for the final hour of trade. going out with a gain of about 3/46 a percent on the dow up nearly 200 points. s&p 500 up a little more than .8 of 1%. the nasdaq did better. technology led the charge up 1%. a comeback in some of those important trade-related stocks like apple helped fuel the charge the russell 2000 index of small caps something mike mentioned earlier as a risk factor outperforming. that's a good sign up 1.3% overall pretty strong day. >> pretty broad. only one sector lower on the s&p. consumer staples that was affected by a couple of large individual stock movers. three sectors in total up more than 1%. energy, tech, and materials. volatility back a little bit 14.9 back below 15. again a relatively encouraging sentiment across the board >> trading front and center look at the semiconductors. led the charge up. up 2% on the day still down 16% from their

i'm sara eisen >> i'm scott wapner in for wilfred frost. less than an hour to go. we'll tell you everything you need to know before this market closes >> it's two key factors driving the action today the rate scare and the trade war. the drop in bond yields sparking fears of a potential recession and china's people daily state-run newspaper coming out with an editorial saying, don't say i didn't warn you. also the s&p 500 broke a key technical level earlier today. >> experts ready to tell you what to do with your investments right now, including bond guru scott minerd, plus disney's ceo bob iger joins us for a first on cnbc interview to tell us what he's seeing in the global economy. >> joining us for the hour, josh brown, ceo of ritholt wealth management >> hi, sara. >> how defensive are you in this market >> not particularly. so we're off about 6% from the highs. and as i have been pointing out recently, i think the two big changes between what we're going through now versus what we saw in the fourth quarter, for example, or early 2018, which were substantial cor

sara eisen, wilfred frost. word of the day is transient i think he said transient more than patient and that's important for the markets because it's a signal the federal reserve thinks this lower inflation is temporary and it's going to rise again if you were looking for the fed to make a move, a cut, for instance, like the president has been calling on gha ing oing on low inflation, fed chair powell didn't signal that because he said it's transient. >> to the right-hand side of that we did see initially a little up tick for equities because the fed release d at least at this point to inflation being softer a slight dovish interpretation of that. and that was undone by those comments that the inflation. clear to see the same reaction dollar briefly slipping and then recovering intraday again for the same reason, and yields also doing the same slight move lower initially and then as chair powell was talking and making clear that he is really happy to stay where he is no closer to a cut and yields recovered. >>

i'm sara eisen >> i'm wilfred frost let's get try to the markets the dow swinging more than 350 points intradi during the session. we're near session highs >> we've got full team coverage of what's driving the market as we begin this hour of trade. bertha coombs at the nasdaq. mark santoli, phil lebeau on auto tariffs, courtney reagan on weaker retail sales, rick santelli with the bond report and our guest host for the hour, barry knapp. >> plus, the big stories of the day. the global impact of a trade war with the former ambassador to china gary locke, plus talk with the ceo of "the new york times." >>> also day three of our week-long series highlighting five top fund managers for five days straight. jerry dodson has three stocks to watch into the close we start with bob. what's going on with the markets and this big turn around we've seen >> we did lift midmorning as the president said he was delaying auto tariffs we saw the autos move to the up side general motors moved up about 1% it's up and stayed up. but other key sectors trade related haven't done much at all. want to point out

i'm sara eisen >> and i'm wilfred frost a have good afternoon to you 59 minutes left in the trading day're going to tell you everything you need to know as an investor before the market closes as we hover near the session lows >> here's what's driving the action today in that stock market president trump said he's not ready to make a deal with china. 10-year yield is dropping. we're seeing new lows there. and consumer confidence is surging. >> tom lee and morten's jeremy siegel will tell you where they think the market is headin

. >> i'm sara eisen. stabilizing the market today dow up more than 120 points. we'll give you the latest details. >>> disney earnings due out after the close. captain marvel, espn subscribers, "star wars" and much more will be in focus we'll break down those numbers as soon as they are released >> lyft getting hit after negative reports surrounding uber's ipo what to expect for uber pricing tomorrow "closing bell" starts right now.

i'm sara eisen >> i'm scott wapner in for wilfred frost. less than an hour to go.u everything you need to know before this market closes >> it's two key factors driving the action today the rate scare and the trade war. the drop in bond yields sparking fears of a potential recession and china's people daily state-run newspaper coming out with an editorial saying, don't say i didn't warn you. also the s&p 500 broke a key technical level earlier today. >> experts ready to tell you what to do with your investments right now, including bond guru scott minerd, plus disney's ceo bob iger joins

. >> i'm sara eisen. here's what's moving in the final hour of trade. board. dow down about 126 points. low of the session down 203. so not quite as bad. tech is getting hit particularly hard you see the nasdaq there tech heavy, down 1 1/2%. those chip stocks really in the crosshairs of the latest flare-up between the u.s.-china trade war. >> within the s&p the tech sector's down close to 2%. some individual names on the move tesla hitting its lowest level since december 2016 after one analyst said the company's facing a

. >> and i'm sara eisen. and we're sknding at the uber post biggest ipo of the year.l lower a bit of a stumble out of the gate opening below its ipo price at 42 it still sits below that price right now. now it's priced at the bottom en

. >> and i'm sara eisen.al reserve's message to the market former fed governor daniel terullo will join to us discuss what next steps the fed should take >> fake meat real returns we'll tell you what's behind beyond meat's wild first day of trading. >> and after the bell breaking earnings news from cbs, activision, expedia, and more. we'll tell you the key numbers to watch in each of those reports. "closing bell" starts right now.

i'm sara eisen >> and i'm wilfred frost a strong jobs number this morning. we'll talk about itwhat it means for the fed with dallas fed president robert kaplan. >> warren buffett telling cnbc berkshire has been buying amazon we'll discuss whether investors should follow him into that stock. >> and the ipo mania isn't over. soft banc considering an ipo for its vision fund. "closing bell" starts right now. >>> welcome to "the closing bell." we're on record high watch for the s&p 500. here's the level to look at. 2945.83. that would mark a new all-time closing high and we are just below that level. still we've got a pretty solid rally here dow's up 200 points. 3/ 3/4 of 1%. the nasdaq roaring higher up 1.4% the russell also doing well, up 1.7%, wilfred. with these gains after a really bumpy week we've actually turned positive on the week >> only just about, though the dow still negative on the week we could get another record all-time close for the nasdaq as well though it doesn't look likely the level there 8162 that is needed the dow still some 300 to 400 poi

i'm wilfred frost. >> and i'm sara eisen. like we've got a positive close for the first time all week we are here with mike santoli, cnbc's senior markets commentator. check out the action as we settle out the day on wall street the dow higher by about 44 points final tick up there into the close. it was the defensive of the defensive though that led the move up in the dow coca-cola, mcdonald's shined brighter than the rest s&p 500 .2 of 1% kind of a mix in terms of sector performance. real estate did the best, then health care, then consumer discretionary. energy the worst crude oil declining more than 3% today. nasdaq up a third of 1%. underperforming again, wilfred >> a couple of those consumer names performed pretty well. apple interestingly a decent day, up half a percent, improving trade fears in that sentiment as you said oil down a full 3% weighing on the energy sector gearing up for uber's first ever earnings report. deirdre bosa's standing by to break down those numbers wedbush's dan ives and ark invest tasha keeny

. >> i'm sara eisen. big question, could we close positive after trade war fears and stocks sinking this morning? details on negotiations with china. >> blackrock's rick ryder will tell us whether -- >> and carson block will join to us discuss a new firm he is backing. "closing bell" starts right now. >>> welcome to "the closing bell." just under an hour left to trade. an intraday chart of the dow for you we are pretty much at session highs. the low was close to 500 points at the open. negative down 471. currently down just 56 points, or .2% if we snap into all three of the major indices, they're all in the red still but only just the russell does outperform, is only down -- is slightly higher in terms of the sector performance we now have two in the positive, energy and health care have had all ofthem negative for most of the session. >> there's really been a recovery throughout this session, especially after the overnight markets closed china got hit pretty hard. and we just got news from our kayla taus

. >> i'm sara eisen. here's what's moving in the final hour of trade. we've got stocks lower across the board. dow down about 126 points. low of the session down 203. so not quite as bad. tech is getting hit particularly hard you see the nasdaq there tech heavy, down 1 1/2%. those chip stocks really in the crosshairs of the latest flare-up between the u.s.-china trade war. >> within the s&p the tech sector's down close to 2%. some individual names on the move tesla hitting its lowest level since december 2016 after one analyst said the company's facing a kilimanjaro-like uphill climb for hitting its profit targets. >> sprint and t-mobile volatile right now in the last hour of trade on a new report that that merger could be facing headwinds from the doj we'll have the latest on an analyst who says if the deal is approved there's one other stock that is primed for a takeover. >> and semiconductors are getting hit on news they are suspending activities with huawei, and we'll start the day with the china trade fight and its impact on the markets. jon fortt

. >> and i'm sara eisen. the federal reserve's message to the market former fed governor daniel terullo will join to us discuss what next steps the fed should take >> fake meat real returns we'll tell you what's behind beyond meat's wild first day of trading. >> and after the bell breaking earnings news from cbs, activision, expedia, and more. we'll tell you the key numbers to watch in each of those reports. "closing bell" starts right now. >> welcome to "the closing bell." let's check in on the markets with just under an hour left of trade. we are off the lows, which for the dow is down 250 points we're currently down 162 but still declines for the three main indices the dow down 0.6 the s&p down 0.4 and the nasdaq down 0.3% real estate, financials, health care the only positive sectors energy very much bringing up the rear with oil prices slipping over 3%. >> let's get right to it with our "closing bell" exchange. joining us today is sam stovall from cfa drew mattis from metlife and our own rick santelli at

. >> and i'm sara eisen. and we're sknding at the uber post biggest ipo of the year. stocks still lower a bit of a stumble out of the gate opening below its ipo price at 42 it still sits below that price right now. now it's priced at the bottom end of the range >> but as that intraday chart shows, it could have been worse. coming up we'll have the new york stock exchange president stacy cunningham to discuss the ipo and after the bell former uber chief business officer emil michael will join us here in order to discuss >> let's start with bob pisani for a look at what has been a wild day for stocks. an unfortunate day to debut in the public market. >> we'll see how it closes the important thing, the market absolutely refused to believe there's going to be any kind of problems with the trade deal and won't address the real potential economic issues. just look what happened here steve mnuchin, here we go. okay we have talks are constructive this is good for 25 points on the s&p 500. 250 points on the dow jones industrial average it's remarkable. then we have the head of

i'm sara eisen >> and i'm wilfred frost a have good afternoon to you 59 minutes left in the trading day. we're going to tell you everything you need to know as an investor before the market closes as we hover near the session lows >> here's what's driving the action today in that stock market president trump said he's not ready to make a deal with china. 10-year yield is dropping. we're seeing new lows there. and consumer confidence is surging. >> tom lee and morten's jeremy siegel will tell you where they think the market is heading from here former chrysler president jim press on a potential merger between fiat chrysler and renault. >> joining us for the hour to break down the market action is john petrides from wealth management welcome, john. >> thanks for having me on >> this optimism fades into a pessimism. it's sort of a trend what's driving it? >> first of all, can the month of may just be over? we've had a strong rally and then may has thrown cold water on the markets, although we started up 13% i think you saw some optimism coming out following elections in europe and the fact

. >> and i'm morgan bren nn for sara eisen happy friday we have got a big show on this friday the dow coming back after being down 204 points at the low we are slightly higher right now. >> up 0.1% we're following all the action including starbucks rival luckin's first day of trade. we're watching the moves and what it says about the ipo market plus day five of our week-long series, an all-star fund manager at t. rowe price today will tell us the areas he likes into the close. that's coming up >> but first, we've got breaking news on trade. let's get to kayla tausche with the latest kayla. >> morgan, we've been talking about autos and steel and aluminum all throughout the day but i want to bring you an update on china where it appears negotiations between the u.s. and china have stalled with both sides digging in after disagreeing earlier this month on the deal text two sources briefed on the status of talks said the scheduling of the next round of negotiations is in flux because it's not clear what the two sides would be negotiating china hans signaled it's willing to revisit past pr

i'm sara eisen alongside wilfred frost.joining us in a moment it was an up day dow rally .8%. not quite at the session highs the s&p 500 rallied about .8 of 1% most sectors were up today 10 of the 11 sectors higher. technology led the charge. industrials, financials, basically if you've been hit by the recent market sell-off by trade over the last few sessions you saw a bit of a comeback today. nasdaq up 1.14%. the russell 2000 index of small caps, which has been hit harder than the rest of the group over the last few days, up higher than the rest, up 1.3% >> we've got full team coverage of the biggest wall street stories. bob pisani and bertha coombs here to break down today's market movers. kayla tausche has all the latest in the u.s.-china trade battle and aditi roy standing by for tilray earnings. a reminder we have an interview coming up on that too. >> the tilray ceo coming up, instant reaction ahead of his company's earnings call in just moments from now let's get straight to bob pisani with the biggest moves on the

i'm sara eisen >> i'm scott wapner in for wilfred frost. the dow plunging more than 700 points at the low. >> we've got full team coverage for you as we begin the final hour of trade. bob pisani on the floor of the nyse bertha coombs is at the nasdaq mike santoli is at our new post with the market dashboard. kayla tausche is in washington with the latest on trade and tariffs, which is the root of this sell-off. an

. >> for more, let's go to cnbc's sara eisen at the new york stock exchange. sara, good morning.ariffs from 10% to 25%. is that going to happen? >> so far, it's on track to lap, willie. and this just adds to the complete change in tone from the administration just in the last few days when it comes to china trade talks. he's got the tariff threat out there. so, as of now, as of 12:01 a.m. friday morning, tariff rates are set to increase from 10% where they are now to 25% on $200 billion worth of goods that come into this country from kleichin. that will affect the u.s. consumer. we're talking agriculture goods. furniture that show up in stores. prices that have been absorbed already by the u.s. consumer so that could be very painful. the rhetoric also definitely rachets up t s up the tone ahea these meeting. they do have the stop negotiator, and the market things that's very important. as for what the fashgmarket is expecting. the bottom line there is too much at take for the u.s. economy and chinese economy not to make this deal happen. but i will tell you, as of last weekend, t

i'm sara eisen >> and i'm wilfred frost here's what's moving in the final hour of trade.m the highs of the session. also not too far from where we opened it's been a pretty steady day of gains and broad as well. 10 out of 11 sectors higher. only really staples, which is in the red. and that's down to some individual earnings earnings movers >> individual names making some big moves, kohl's getting crushed after its earnings report this morning. we've got someone who says this could be a buying opportunity. >> chip stocks making a bit of a comeback after the u.s. grant aid temporary reprieve from the huawei ban

i'm sara eisen >> and i'm wilfred frost a strong jobs number this morning.ll talk about itwhat it means for the fed with dallas fed president robert kaplan. >> warren buffett telling cnbc berkshire has been buying amazon we'll discuss whether investors should follow him into that stock. >> and the ipo mania isn't over. soft banc considering an ipo for its vision fund. "closing bell" starts right now. >>> welcome to "the closing bell." we're on recor

i'm sara eisen >> i'm scott wapner in for wilfred frost. the dow plunging more than 700 points at the low. >> we've got full team coverage for you as we begin the final hour of trade. bob pisani on the floor of the nyse bertha coombs is at the nasdaq mike santoli is at our new post with the market dashboard. kayla tausche is in washington with the latest on trade and tariffs, which is the root of this sell-off. and alicia levine, b.i. mel slon here all hours to help break it all down for us. >> plus the stock stories you need to know including uber plunging yet again today here's a real-time look at it. down another 11% we'll break down what went wrong with friday's ipo. we'll also be looking at how sectors are getting hit by the trade war. health care, housing, tech, and media just a few >> and we're also kicking off a new series today five top fund managers for five days straight. coming up tom clune will give us his best ideas about the volatility >> the sell-off. bob pisani's been tracking it all day. it's been ugly not as ugly as it wa

. >>> let's turn now to business before the bell with sara eisen. >> good morning.ts esteemed fortune 500 list. list of the biggest companies in the u.s. and the world by revenues, by total sales and amazon topped the list for a seventh year in a row. but the biggest headline here is that the big get even bigger. what do i mean here? well, 500 companies produced enough sales in total to equal two thirds of the entire economic output of the united states. looking at the list here, exon mobile number 2. apple moved up a spot to number 3. other big takeaway is that it's all shifting west. it chose the power and sort of outsized influence and glowing influence of technology, data companies on our economy. just to narrow that down even further, 40 companies were responsible for 52% of the earnings. so giant companies, huge influence on our total economy. 27 of the household names earned at least $10 billion in their most recent fiscal year. there were some newcomers on the list that i could mention including way fair, the popular furniture shopping website. broad com com

build for what's ahead℠ >>> time now for business before the bell with cnbc sara eisen. u.s.ing this morning? >> trade fears again, mika. it looks like we're in for a steep drop at the open. dow futures lower by more than 200 points looking at potentially a 1% decline in the overall market. what's new overnight? china continues to ramp up the rhetoric against the united states. there were a few commentaries published in some communist party flagship newspapers going after american moves to curb chinese companies like we've seen with huawei. and official comments out of china saying talks cannot continue unless the u.s. softens its stance. the bottom line, wall street looks at the picture and says we are in for a protracted fight. and that is a whole new calculation from where we were just a few weeks ago on the china trade talks. the other problem at least for investors, there's no new talks scheduled at least on the calendar right now. wall street likes the idea of talks because it could mean they could make progress and get rid of some of the tariffs. another big concern is

i'm carl quintanilla with sara eisen and david faber at post nine of the new york stock exchange macronts both in china and the u.s. but obviously full day ahead >> that's where our road map begins for the hour. the trade war fueling global slowdown fears, disappointing retail sales, weak china data and stocks falling. >>> shares were up after the retailer beat estimates, but some weak commentary on china has shares down. >>> we'll tell you what former goldman sachs ceo lloyd blark fi blankfein is saying. >> we have two pieces of economic data crossing the tape. to rick santelli for the numbers. >> let's see if we can turn the numbers in a more positive light. home builders housing index is a surprise to the upside, finally today. it is 66 we're expecting the number more like 64. 66 not only the best number of the year, it is the best number since october of last year business inventories, this is a march number, this is really important. march is a first quarter number. if you recall, the first month of the year we were up .9 in inventory. that's the best since 2011 what do we get now

i'm carl quintanilla with sara eisen and david faber at post nine of the new york stock exchange market change as adp came in strong, 275. don't forget jobs number on friday a fed decision today at 2:00 eastern time even more data crossing the tape as we await april ism. to rick santelli. >> we're going to have our march construction spending, expecting a number around unchanged, disappointment, down .9%, do down .9% now, let's go down for ism april manufacturing. a miss here as well. 52.8 we're expecting a number that would be closer to 55, 52.8 is the weakest number this will take us back a bit here, 52 -- let's go through the intern internals. employment, 52.4, down from 57.5 50 right on the nose for prices paid, down from 54.3 and that's an asterisk because, of course, on the second day of two-day fed meeting, we want to underscore prices paid as moving down, about ready to test the expansion/contraction line new orders, lost about 6 points from 57.4 to 51.7. so this tranche of numbers is definitely nothing to brag about, though still an expansionary mode for the institute for suppl

i'm carl quintanilla with sara eisen and david faber.tic behavior at the open the downside, dow is down 80 we lost 15 on the s&p as we're watching trade, tesla, ford and more. >> road map for the hour does start with markets lower this morning. trucking off some rhetoric from the president, what matters most for stock investors now. we'll discuss. >> backing the t-mobile sprint merger, the green light, the next hurdle is the doj david has details. >> billionaire investor giving one graduating class a surprise of a lifetime. we're going to bring you that uplifting story. >> straight to the markets this morning. we're in the red, but the s&p is only about 3% from the recent all time high. can wall street's risk off rally last mike santoli is here with us at post nine to expand on something he's written today. >> even with this good bounce last week we got off monday's lows, even before we got this latest jolt from the escalation of the trade war rhetoric, it was mostly a defensive stock led rally. essentially we had a resilient market, les

i'm carl quintanilla with sara eisen and david faber. bears getting a chance to test the bulls. 2,900 on the s&p as trade worries are downgrading on the markets. >> that's where the roadmap begins, stocks tumbling on renewed trade tensions u.s. says higher chinese tariffs are on the way. >> china is coming their top negotiator will be in washington for this week's trade talks. can a deal get done? >>> the clock is ticking for chevron. we'll give you a major update and fresh details on the deal for anadarko. >> stocks are lower this morning. dow falling nearly 300 points. up about 1% across the major averages nasdaq hit harder down 1.2 concerns over u.s./china trade relations continuing the u.s. announcing the possibility of a new set of tariffs. talks were set to continue wednesday. with us is david kostin from goldman sachs. good to see you. >> nice to see you. >> trade tensions are escalating what do you do >> it's always difficult to model donald trump as an investor i think we can go back and look at what are the fundamentals telling us, what they think about the economy or

i'm carl quintanilla with sara eisen, david faber at post nine of the new york stock exchange marketslatively rough week. we're down 277 as we process the surprise mexican tariffs along with comments on retail and chin k a trade. >> surprise mexican tariff threats. we'll take you live to the white house and speak with the director of the white house trade and manufacturie ining co, peter navarro. >> why officials in china may be smiling. live to beijing. >> one industry that could get hit the hardest by the tariffs on mexico and what the president may need parallolitically to wi re-election. >>> consumer sentiment with rick santelli >> yes 100.0 on the nose. this replaces what was a 15 1/2 year midread that was 102.4. so we did move a bit lower but that is still a very awesome number that takes you to september of last year. the last time we're at these levels but, we all know the current story seems to take precedent. at some point, if some of the issues with mexico recede, there is ten days out there, we have to deal with these issues. maybe this number will have more significance b

i'm carl quintanilla with sara eisen, david faber at the new york stock exchange.p 210 s&p back to 2876 we might erase the dow's losses for the week with another 90 points or so as we continue to watch trade and walmart. >> and that's where our road map begins stocks rallying for the third straight day boosted by cisco and walmart we'll speak with former walmart u.s. ceo bill simon. >> faang back in favor and major u.s. hedge funds buying back into the tech giants >> the most successful ipo of the year we'll talk to pat la fraidia about beyond meat's meteoric rise >> stocks extendinging their rally for a third straight day as investors weigh strong earn fr ings from walmart and cisco. joining us this morning is bill nigren and curt. thank you for the time today very much appreciated. good to see you. bill, i'd love to get your take on the overall market environment when we're in this period where we're heavily reliant on tweets, we're dealing with issues where hardly anyone has any edge is this scenario where you find a lot of ideas happening or is it too treachero

i'm carl quintanilla with sara eisen, david faber at post nine of the new york stock exchange we await/china trade talks, very tight action today dow is up a point and the s&p down fractionally. >> that's where our road map for the hour begins. trade tensions, where do we stand and how is the market gaming out possible outcomes of the president's standoff with china? we'll discuss it all >> international protests and strikes taking place today ride hailing app drivers demanding better pay and benefits from companies like uber and lyft. all of this two days fro s out m uber's ipo. >> and parsons preparing to make its debut at the new york stock exchange we'll speak with the ceo as soon as that stock opens for trading. >>> we'll start with the markets this morning and big swings as investors digest ongoing trade tensions between the u.s. and china, looking ahead to a new set of proposed tariffs which are expected to be implemented on china as early as friday. with us this morning, david kelly, jpmorgan chief global strategist, thanks for the time today, appreciate it very much what can y

i'm carl quintanilla with sara eisen and david faber at post nine of the new york stock exchange marketsead tensions between china and the united states, well off the initial lows, dow down 291 >> that's where our road map begins, stocks plunging as the president ramps up trade threats on china full market rundown for you. >> hear what the oracle of omaha is saying, where to invest in the current climate and more. >> and why buffett's investment is a statement that apple isn't really a tech company anymore. >> we'll begin with kayla tausche in washington. trump's tariff threat. what is the latest are we going to see the talks this week? >> we're waiting to see what the latest is. chinese officials are weighing whether to proceed with trade talks in washington that were expected to produce a deal in principle. china's foreign ministry said they're preparing to come to the u.s., but evaluating the situation after president trump raised the stakes for talks yesterday, tweeting that tariffs on $200 billion in chinese goods would mark than double on friday to 25% which would end the six-month

i'm carl quintanilla with sara eisen and david faber. getting back to yesterday's open >> our roadmap for the hour starts with 1.1 trillion in market cap gone. that's how much has been wiped out of the market since president trump turned up the heat on china. we're going to break down how to protect your portfolio and where to hide in these volatile markets. >> is there an end in sight? the president sets a new timeline for china trade talks we'll go live to washington for the latest. >>> full control cnbc parent company comcast is selling the hul lie stake but not for quite some time. it will give disney full operational control immediately. we'll give details next. >>> we begin with the trade war. president trump offering up a projection about how much longer it may last with china, tweeting up a storm kayla tao joins us with the latest. >> president trump offered a myriad of views in a series of tweets this morning. some policy suggestion, some political broadside, saying the fed should pump money into the economy to help the u.s. win

i'm carl quintanilla with morgan brennan, david faber at post nine of the new york stock exchange sara eisen has the morning off a sell-off is in progress. dow down 500 points, the worst day here at these levels since february 11th or 12th as the chinese implement retaliatory tariffs. >> yeah, that is where our road map begins look out below trade tensions sinking stocks. we'll tell you how to position your portfolio in these volatile markets. >> president takes to twitter, threatens it will only get worse. a look at what's next in getting a possible trade deal. >> and uber disappointment, the ride hailing service stock continues its fall, dipping below $39 a share this morning what went wrong. we'll discuss that >>> but, we begin with kayla tausche in washington and the trade war latest >> the u.s. and china are punching and counterpunchinging this morning the u.s. raising tariffs on a third of chinese goods and beginning a process to levy the remaining $300 billion that the u.s. imports from china. in response, china says it will put tariffs on $60 billion in u.s. goods in about three week

i'm carl quintanilla with sara eisen and david faber at post nine of the new york stock exchange moreterday's sell-off as well dow down 215 2781, just a couple of points above the s&p's 200-day moving average. >> our road map for the hour starts with big moves in the bond market. triggering all sorts of concerns about the economic outlook should you be listening to the warning? >> our exclusive with mcdonald's ceo steve easterbrook on china trade, big business growth abroad and much more. >> and chinese tourism to the u.s. dropping for the first time in 15 years. hear what the ceo of hilton hotels has to say about that and a lot more. >> by the way, learning this morning that special council robert mueller will be speaking at 11:00 a.m. eastern time on the investigation into russian interference and the 2016 presidential election. of course, we will take you live to washington as soon as that begins >> in the meantime, stocks deep in the red this morning, dow down 200 points. bond yields falling triggering concerns over the broader economic outlook our senior economic reporter steve l

i'm sara eisen with david faber at post nine from the new york stock exchange carl quintanilla has theook at the markets as rick was saying, hitting new lows here on stocks. s&p down another 1.2%. the nasdaq 1.5%. and dow down 321 points, 1.25% the s&p has been down every day this week. and now down more than 3.5% so far for the week >> one reason, of course, is, well, a quote like this, as we get started with our road map, they broke the deal. that's the president, the major averages taking on the chin as he blasted china can a deal get done before the first batch of tariffs goes into effect, 12:01 a.m. >> uber on the way, expected to price tonight. we have the details. >> chevron bows out with the battle with occidental. >> stocks tumbling, equities fa falling. trade tensions are escalating between the u.s. and china as the chinese delegation is slated to arrive in washington today for the latest round of talks. with us is david rosenberg, and christian mahami does it matter to the markets whether we get a deal this week? >> well, i think for the here and now it certainly does matter

i'm carl quintanilla with sara eisen, david faber at post nine of the new york stock exchange gains afterid hold the moving average yesterday. plenty of watch today, whether it is potential month and buying obviously, more retail stories, potential weakness, pvh down big. big calls on apple, verizon, citi and tesla and the president on everything from mueller to china trade. >> road map for the hour, though, starts with china. ramping up the rhetoric, calling u.s. negotiations, quote, naked economic terrorism president trump saying china wants to make a deal. >>> boeing ceo speaking out on future of the company while apologizing to victims' families after the deadly max crashes united ceo pledging he'll be on the first flight when it is back in service. >>> retail wreck, the etf tumbles more than 11% in may it is the worst monthly performance of the year. more retailers also reporting today. >>> pending homes about to come out. let's get to diana olick diana? >> pending home sales in april down 1.5% month to month and down 2% year over year that's a miss. the street was looking for a slig

i'm carl quintanilla with sara eisen and david faber at post nine of the new york stock exchange sell-off moments as we continue to watch trade rhetoric and flash pmis around the world that are generally not good. >> stocks falling sharply. dow down about 400 points right now as u.s./china trade war worries weigh on investors as more announcements of suspending ties with huawei. >> the faa is meeting with global air regulators for an update on boeing 737 max jets. we'll hear from the acting director of the faa straight ahead. >> we do have more economic data across from the tape right now rick santelli with the numbers rick >> we're expecting april new home sales to be in the camp of 675,000, darn close. 673,000 is the actual number subsequentially, ended up at 723. so 673 is now subsequentially lower due to that big revision 673, well, it is the lowest level just since february. it is not that long ago actually and if you look at it on a monthly percentage basis, that looks like down close to 7%. now, for some real granular exposure on this number, diana olick will dig down for us what d

i'm carl quintanilla with sara eisen and david faber.d here after that late day sell-off the data has been good not just factory orders, but productivity 36, fastest pace in five years >> road map for the hour will start with the market meltup major averages muted, but still near historic highs as the fed holds rates steady. >> chemical maker dow inc. reporting results for first time since being separated from dowdupont in april john fetter ling will join us exclusively. >> and the other big movers of the morning from the capital raise to under armour's big earnings beat. >> still some overhang this morning for the markets after the post fed reversal yesterday. fed chair jay powell saying low inflation is transtory that has investors wondering if a rate hike may be coming as corporate earnings flow in and big jobs number comes tomorrow. for road map of where we go from here, joining us at post nine is noted market expert goldman sachs senior investment strategist abbie joseph cohen. welcome back >> thank you very much happy to be here. >

. >> i'm sara eisen. mike santoli in just a moment.a look at how we finished up the day on wall street. higher for a third day in a row. and actually positive for the week the dow finding a little more than .8 of a%. 215 points currently off the owes, up 44. broad-based. every sector in the s&p 500 did rise today good for a gain of almost a full percent. the comeback continues >> good momentum throughout most of the session a little bit of softness but about two hours into the close. certainly much closer to the highs than the lows of the day just shy in fact of being in the green for the week as a whole. down about .2 of a percent for the s&p through the course of the week >> talk about the good results we saw cisco, positive reception to that it's a dow component walmart, positive reception. boeing got a bit of good news later when it comes to finalizing its software tests for fixing the 737 max that all helps the market. but in general, it does feel like investors are able to step away from the worst faersz of the trade war knowing