i'm sara eisen along with scott wapner who is in for wilfred frost today. pretty narrow range the major averages are mixed as we head into the final hour of trade. let's look at what's driving the action treasury yields making a big move lower with the 10-year down to 1.65, big drop from last week's peek above 1.77 >>> the imf predicting global output of 6.1 for 2021 job openings rising to a

the play catch up what is moving the markets euphoria we saw fed chairman joy powell along with sara eisen just a few moments ago. he said the recovery is incomplete sunded dovish. tax hike fears are diminishing earnings -- we will get earnings soon they are expecting a lot better guidance the market is expecting that why shouldn't markets be euphoric on this kind of data. the rates have been trending down technology stocks, consumer discretion father stocks that were hit hard in february on rate hikes they have made a comeback. so we are getting a rotation, another round of rotation. the value names, the energy stocks, the bank stocks, they have been faltering a little bit. not enough but enough to see a notable rotation what's the rotation? the mega cap names, the tech names that were killed in february, down 15, 20%, guess what they are all making a comeback highs on alphabet. apple not a new high but the s&p up 2% this week. microsoft is essentially at a new high facebook moving up big even the chip stocks have moved up so rotation coming back, tech is coming back. remember, we are goi

fed chairman as dovish as jay powell was yesterday in that exclusive conversation that our own sara eisen had, and it was basically a reiteration of, a version of, we're not even thinking about, thinking about, thinking about raising rates any time soon, not worried about inflation, it is temporary, it is transitory. you have too many dislocations still within the economy, we are trying to vaccinate the world. until that happens to a great degree, there's no reason to worry about much at all, that the fed is not going to make a move because of all of those variables that are still in existence, and, therefore, you've got to buy stocks >> well, the fed set this up last year, scott although many of us were talking about this change in their approach from an expectation to outcome approach as it relates to inflation and employment, i think what we're seeing is that we're seeing that in practice, not only from the meeting minutes but in every single conversation that chairman powell has he is trying to reiterate that he believes that we are clearly in the midst of a very sharp k-shaped recove

i'm scott wapner in with sara eisen. sara just told you how we finished up.ing back 100, the s&p 500 one day after setting a new record high and even setting a new one today at some point finishes lower by 4 points the nasdaq is down just 7. a bit of a restful day, if you will, on wall street there's the russell 2000 giving back a quarter of a percent. bitcoin has been red hot, up nearly 100% so far this year investors will soon have a new way to bet on bitcoin. the company is set to report earnings just moments from now we'll break down the results as soon as they are released and we will certainly bring them to you. digus wright is joining the conversation mike, i'll give you the first bit of reaction to the market today. it was a restful day, maybe a breather before we find out where we're headed next. >> i do think that it makes sense to ask having come this far and showing that you're overbought, having investors both retail and institutional very fully invested i think at this point in equities, whether in fact in the short term it's going to be a littl

i'm wilfred frost along with sara eisen a mixed picture on the back of key inflation data which cameound 1% hire higher johnson & johnson is weighing on the dow after the cdc recommended a pause in the administration of the company's vaccine out of an abundance of caution following blood clots in six women who received the jab that's leaving investors weighing the stay at home versus

i'm sara eisen along with wilfred frost. stocks on the rebound after two days of selling. the major amples firmly in the green with the smau caps leading up % they have been under pressure lately reopening plays are getting a boost following optimistic analyst commentary larnsz and cruise right side making up ground after a rough start to the week. ten days down for the airline stocks stay-at-home favorite netflix is the biggest loser in the s&p 500 receipt now on back of disapointing subscriber numbers. we will get analyst reaction in just a moment. and strength in the ipo market shares of ui path jumping. >>> coming up, lemonade hits the road we will speak with the ceo dan schreiber as they take up space in the car insurance place plus earnings on many companies, including whirlpool. that stock up 30% this year. first let's get to the market action as the major afternoons see sizable rebound today though still down for the week as a whole. mike santoli tracking the action for news the market sort of found its footing. it was a two-day decline, about 1.5% from friday's hi

i'm sara eisen with will frost the dow is inching into the green, the s&p 500 is flat any close positive the nasdaq or s&p 500 would be a new record close let's look at what's driving the action now one hour left of trading a number of names seeing big moves on a packed day of earnings season. ups is surging on blowout numbers. 3m, eli lilly, t

i'm sara eisen along with scott wapner who's in for wilfred frost.etting intraday records the nasdaq is up more than 1.5%. we are tracking for two record closes sentiment starting off on a high note following friday's blowout jobs number. march jobs increasing by 916,000 with the unemployment rate falling to 6%. tesla among th

. >> thank you very much welcome to "the closing bell," everyone, i'm wilfred frost along with sara eisen lower and losses are accelerating the dow down 315, the russell 2000 down 3% earnings remain center stage with reports from j&j, travelers and p & g. reopening trades are taking a step back. airlines on the back of united results and cruise stocks are sinking as well.

i'm sara eisen along with wilfred frost. session for stocks but the s&p 500 did hit a fresh record intraday high during the session an we are higher right now. the nasdaq leading the gains up about a percent as we head into this final hour of trade let's look at what's driving the action fed chair jay powell addressing inflation in a panel i hosted earlier for the imf saying in the most likely case, this period will show temporarily higher prices but not persistent inflation. we'll have much more of his dovish assurances from that pa

i'm sara eisen along with wilfred frost. averages lower following record highs on friday one hour left of trade earnings season kicks into high gear this week coca-cola out this morning, ibm and united airlines reporting after the bell today more on all of these names strayed ahead. b bitcoin on watch with prices down 20% from the peak the nasdaq is down

i'm sara eisen along with wilfred frost. the major averages lower following record highs on friday one hour left of trade earnings season kicks into high gear this week coca-cola out this morning, ibm and united airlines reporting after the bell today more on all of these names strayed ahead. b bitcoin on watch with prices down 20% from the peak the nasdaq is down around 1% facebook, amazon taking a step back tesla is off 4%. we'll talk about that in a moment 59 minutes left to go in the session. >> we'll talk about that and so much more coming up on today's show we'll talk about the move in tech and the key earnings reports to watch from the sector when we're joined by dan niles plus we'll discuss tesla's tumble following a deadly crash in texas over the weekend. david friedman will join us from the national highway and traffic safety administration. sara has a closer look at coke's earnings mike, let's start off with you >> a little soggy and not very news driven. i think really the context is the catalyst here. we talked

i'm wilfred frost along with sara eisen a mixed picture on the back of key inflation data which came in above expectations the nasdaq around 1% hire higher johnson & johnson is weighing on the dow after the cdc recommended a pause in the administration of the company's vaccine out of an abundance of caution following blood clots in six women who received the jab that's leaving investors weighing the stay at home versus reopening trade. bitcoin hitting arecord high breaking $63,000 as coinbase will have a direct listing tomorrow 59 minutes left in the trading day, sara. looking at session highs. ahead on today's show, two great guests to help us break down the johnson & johnson vaccine news we'll talk to dr. ofer levy. he's a member of the advisory committee that makes the recommendations on authorizing these shots. we'll also hear from allerganceo. plus is the housing market about to crash that's one of the top searched on google right now. we'll discuss with mega investor and landlord steve witkoff first, let's focus in on the big stories we're watching mike santoli tracking the mar

i'm wilford frost along with sara eisen and mike santoli.n this hour of the show big, big tech earnings coming any moment now alphabet and microsoft in particular visa and starbucks as well and of course don't forget mondelez, sara's favorite. >> i like oreos. >> we like it all. >> no favorite company >> so much to discuss. we'll break them all down. pinterest, texas instruments, also to come a&d. mondelez we'll be joining by the ceo of mondelez before his earnings call tomorrow lee is still with us as is anastasia a.moroso there's a bit of a tentative nature as we wait for numbers. of course markets fairly fully valued near those record highs >> the day was a push, and i think we've had this prolonged hesitation it's neither necessarily bullish nor bearish. it shows you there's not a lot of selling pressure, even though the market is teed up at a high and a lot of folks, as you say, have full allocations. i wouldn't make much of it the treasury move today is somewhat interesting, it's been consolidating for a while. you have the 30-year clo

i'm sara eisen along with scott wapner who's in for wilfred frost. the dow and s&p 500 setting intraday records the nasdaq is up more than 1.5%. we are tracking for two record closes sentiment starting off on a high note following friday's blowout jobs number. march jobs increasing by 916,000 with the unemployment rate falling to 6%. tesla among the biggest winners after the company beat expectations for first quarter deliveries we'll have more on that in a bit. and the president's infrastructure and jobs plan remains type of mind for wall street along with those tax changes. to that end janet yellen pushing for a global minimum corporate tax rate in remarks today. 59 minutes left to go in the session. record close watch, scott for the s&p and dow. >>> coming up cleveland fed president loretta mester joins us following friday's big jobs number we'll ask her how a stronger than expected rebound could impact policy. plus world bank president david malpass joins us as well let's get straight to the big stories we are watching this hour mike santoli is t

i'm wilfred frost along with sara eisen stocks trading in a very tight range again today with the dow and s&p 500 still near record highs as we head into the final hour of trade. let's look at what's driving the action minutes show fed officials expect it will be some time before it starts tightening policy jp morgan's ceo jamie dimon out with his share holer letter saying he is optimistic about the u.s. economy as it begins to reopen and vaccines get distributed. moran that letter coming up. >>> and some of the reopening plays like cruises and restaurants are rallying in today's session. we have 59 minutes left of the session. sara, sort of mixed on the headline indexes as we send. >> s&p up about .1%. we have a great lineup of guests coming your way. the fed governor lael brainard will give us her outlook and how strong data could impact policy. plus the deputy treasury-second, we will break down the report on the taxes that would pay for the biden infrastructure plan. plus an interview with the carnival ceo arnold donald, a report out today saying bookings are accelerating >>> firs

i'm sara eisen along with wilfred frost. stocks starting the week mostly in the red following record closes on friday the major averages all lower the nasdaq is down a little more than half a percent as we head into the final hour of trade microsoft says it is buying nuance communications, a deal valued at $16 billion. it's the largest acquisition since it bought linkedin in 2016. >>> the reopening trade taking a step back today. cruises and airlines are lower, even as the united states did hit a vaccine record this weekend, 4.6 million doses administered on saturday. >>> check out intel, plunging today on the back of in indi nvidia's day today 59 minutes left to go in the session. wilfred. >>> lots of chip-paced news today. executives from the semi conductor industry meeting at the white house. they're talking with -- plus aphria down double digits. irwin simon will discuss the quarter and where he's looking for growth throughout the rest of the year. first of all, let's get straight to the big stories mike santoli is track

i'm sara eisen along with wilfred frost. mother mixed session on wall street on a jam-packed news day. the dow setting a record high, small caps are rallying. but the nasdaq and s&p 500 are in the red bitcoin is at a record and dome coin all the way up to 14 cents it's all about the base. crypto trading platform coin base making its highly anticipated wall street debut. the whole market is getting a lift setting a fresh high around $5,000 the federal reserve releasing its last beige book saying that the economy is recovering at a moderate pace. 59 minutes left to go in the session with the energy sector currently in the lead. wilfred. >> but off its highs ahead on today's show, two can't miss interviews on coin base and the future of the crypto market. we will speak with the coin base cofounder and board member fred ehrsam about the currenty to the market a great day for him. of course. another great day for early investor rashawn williams from manhattan venture partners he will join to us weigh in on the valuation and the c

i'm sara eisen along with wilfred frost.y in the red following record closes on friday the major averages all lower the nasdaq is down a little more than half a percent as we head into the final hour of trade microsoft says it is buying nuance communications, a deal valued at $16 billion. it's the largest acquisition since it bought linkedin in 2016. >>> the reopening tr

i'm sara eisen along with wilfred frost. the s&p 500 topping 4,000 for the first time ever.let's look at what's driving the action investors continuing to digest president biden's more than $2 trillion infrastructure plan he laid out yesterday afternoon and wall street is weighing in on the consequences of

i'm sara eisen along with will fred frost stocks rebounding today from thursday's tax shot.ges in the green with the nasdaq leading the pack but all are still in jeopardy of closing lower for the week breaking a four-week win streak. let's look at what's driving the action investors digesting a possible ramifications of a reported capital gains tax hike for wealthy americans. we'll talk much more about that in a moment. those tax concerns are having a big impact on crypto today bitcoin fallin

i'm wilfred frost along with sara eisen stocks trading in a very tight range again today with the dowrecord highs as we head into the final hour of trade. let's look at what's driving the action minutes show fed officials expect it will be some time before it starts tightening policy jp morgan's ceo jamie dimon out with his share holer

i'm wilford fast along with sara eisen.i'm not meant to be moving now i'm in shot. the dow has slipped lower. the nasdaq and russell 2,000 leading the gains with small caps up more than 1% as we head into the the time trade. opening trades are getting a lift, airlines getting higher on a restart of travel to europe for vaccinated americans and movie theater stocks are climbing and bitcoin is recovering, up 9% after touching th

i'm wilfred frost along with sara eisen stocks gaining steam the major averages all with gains, the nasdaq monday's open any close higher for the s&p 500 will be a record the dow set for one, the nasdaq not quite. president biden unveiling details of his first budget proposal to congress laying out a $1.5 trillion road map we'll break down the

i'm sara eisen along with wilfred frost. stocks on the rebound after two days of selling.rmly in the green with the smau caps leading up % they have been under pressure lately reopening plays are getting a boost following optimistic analyst commentary larnsz and cruise right side making up ground after a rough start to the week. ten days down for the airline stocks stay-at-home favorit

i'm sara eisen along with wilfred frost.reet on a jam-packed news day. the dow setting a record high, small caps are rallying. but the nasdaq and s&p 500 are in the red bitcoin is at a record and dome coin all the way up to 14 cents it's all about the base. crypto trading platform coin base making its highly anticipated wall street debut. the whole market is getting a lift setting a fresh high around $5,000 the federal reserve releasing its last beige book saying that the economy is recovering at a

i'm wilfred frost along with sara eisen stocks gaining steam the major averages all with gains, the nasdaq up more than 2.5% since monday's open any close higher for the s&p 500 will be a record the dow set for one, the nasdaq not quite. president biden unveiling details of his first budget proposal to congress laying out a $1.5 trillion road map we'll break down the highlights in just a moment the producer price index, a key measure of inflation, jumping in march by 1%, well ahead of expectations the year-over-year gain was the most in nine years dow transports are higher today and higher for the week as a whole on pace that their tenth straight weekly gain for the first time since 1989. 59 minutes left to go in the trading week, sara. >> we've got a big show coming your way in just a few minutes an exclusive interview with christine lagarde. we'll talk about the pace of recovery in europe, the battle against the virus and what's keeping her up at night. >>> plus shares of pager duty of more than doubled getting a boost from the work-at-home trending we'll discuss the wild ride with the c

wilfred frost along with sara eisen. by 227 points or 0.7% but off its highs about half an hour earlier, 331 points the s&p up 1.1%. the nasdaq at 1 1/2. all three of those indices lower by less than half a per yent-cent for the week as a whole. financials and materials and tech were all up with 1 1/2% two sectors lower utilities and staples. coming up former fed vice chair alan blinder on how fears of high corporate and capital gains taxes could hit your investments and the economy. plus j&j shares closing higher ahead of the cdc advisory panel's decision on its covid vaccine pause. we'll bring you that outcome as soon as it's released. chris ver rone from strat gus partners is still with us as is sylvia jab lonsky. and joined now by courtney gibson from luke capital as well christopher, just on that sort of finish there we talked about the sort of highs of the session when you joined us obviously closing off those. negative week. but decent end to the week regardless >> decent end to the week. little best a curious wee

i'm sara eisen along with wilfred frost and mike santoli double record close.at a new record high. closed above 34,000 yesterday for the first time ever. solidly above there as well. you had a shift into the value in cyclical names which helped some of the larger cap stocks and the s&p 500, which closed at its own record high up 0.4 of 1% materials the best sector. the only two losing sectors were technology and energy. but for the week every single sector closed higher utilities came up on top along with materials the nasdaq finished up about a tengt of 1%. it's not too far off from its own record high. also closed higher for the week. and the russell 2000 closed up a quarter of one percentage point which makes it a full percent for the week for the small caps. treasury yields have pulled off a bit recently after a huge run-up to start the year coming up, bridgewater's co-chief investment officer on sustainability on why she thinks rates will remain low and some of the opportunities that could create for investors. >>> we are just moments away from president b

i'm wilfred frost along with sara eisen another day, another record high for the dow and s&p 500. stocks firmly in the green with the nasdaq leading the pack, up more than 1% bang on 1% for the s&p 500, just above 34,000 on the dow. the economic rebound producing some very strong data this morning. retail sales surging 9.8% in march and jobless claims came in at their lowest level since the beginning of the pandemic. earnings remain in focus as investors digest results from citigroup, delta and pepsico and yields making a sizeable move lower. the faang stocks all higher. apple outperforming as well. 59 minutes left of a very positive session, sara >> and a big move lower in treasury yields, even despite the data coming up on today's show, bank of america's ceo brian moynihan joins us to talk earnings. also his outlook for the rest of the year later we'll get a fix on the retail sector on the back of those blowout march retail numbers when we talk to the incoming ceo of stitch fix, elizabeth spaulding. it's her first interview since the transition was announced earlier this week. >

i'm wilford fast along with sara eisen. a new week mostly in the green i'm not meant to be moving now i'm in shot. the dow has slipped lower. the nasdaq and russell 2,000 leading the gains with small caps up more than 1% as we head into the the time trade. opening trades are getting a lift, airlines getting higher on a restart of travel to europe for vaccinated americans and movie theater stocks are climbing and bitcoin is recovering, up 9% after touching the lowest level since early march on sunday. coin base moving higher as well. and a rare miss, orders return to growth rebounding by 0.5% but did miss estimates, 59 minutes left to go, sara, a little bit of a decline and the rest in the green. >> coming up on today's show, art gets in on the esports game and skills are up 40% in the past week. this is a roller coaster 10% today as kathy wood builds a sizable take in that company we'll talk about the shareholder in just a moment and later tesla kicks off a jam packed week of earnings with reports after the bell and we'll g

i'm sara eisen along with wilfred frost. another mixed session for stocks but the s&p 500 did hit a fresh record intraday high during the session an we are higher right now. the nasdaq leading the gains up about a percent as we head into this final hour of trade let's look at what's driving the action fed chair jay powell addressing inflation in a panel i hosted earlier for the imf saying in the most likely case, this period will show temporarily higher prices but not persistent inflation. we'll have much more of his dovish assurances from that panel later. weekly jobless claims did come in at 734,000. the previous week was revised higher as well. >>> technology is outperforming as bond yields inch lower. the faang stocks largely lower 59 minutes left to go in the session. >> right at session highs as we speak. coming up on today's show, european equities hitting all-time highs we'll speak with mark mobius about where he's finding opportunities across the globe. >>> plus the chamber of commerce tweeting support for the biden

i'm wilfred frost along with sara eisen another day, another record high for the dow and s&p 500.een with the nasdaq leading the pack, up more than 1% bang on 1% for the s&p 500, just above 34,000 on the dow. the economic rebound producing some very strong data this morning. retail sales surging 9.8% in march and jobless claims came in at their lowest level since the beginning of the pandemic. earnings remain in focus as inst

. >> welcome to "closing bell," i'm wilfred frost along with sara eisen today stocks starting the dayt range, but taking a sharp turn lower as you can see intraday, just a couple of hours ago. some tax-related headlines out of washington, the major average is in the red as we head into the final hour of trade. let's take a look at what's driving action stocks plummeted after that afternoon report said president biden is considering to hike the capital gains tax to as high as 43.4%. we'll talk more much about that in a moment shares of at&t gettin

. >> welcome to "closing bell," i'm wilfred frost along with sara eisen today stocks starting the day in a tight range, but taking a sharp turn lower as you can see intraday, just a couple of hours ago. some tax-related headlines out of washington, the major average is in the red as we head into the final hour of trade. let's take a look at what's driving action stocks plummeted after that afternoon report said president biden is considering to hike the capital gains tax to as high as 43.4%. we'll talk more much about that in a moment shares of at&t getting a nice bump after beating an eps and revenue and americans and southwest and alaska air all came in above estimates. data continues to come in strong, weekly jobless claims once again better than expected, showing strength in the labor market recovery. 59 minutes left to go in a choppy session, the dow off 260, sarah. >> ahead on today's show, is a sri ta will join us to discuss tax headlines, plus a closer look at corporate esg plays on this earth day more earnings are on the way after the bell, including intel, mattel, snap we'll

hawkish which is no what i heard jeremy siegel said to us the other day the conversation he had with sara eisen, which i have referenced every single day since she had it, was he had never heard a fed chair more dovish than jay powell was on that panel that sara moderated so are we trying to figure out again where the fed chairman currently stands, what it means for stocks >> i think it is just trying to get too cute, scott, honestly. as a long-term investor, if we get the pull back, nobody knows what the reason of the pull back would be it could be geopolitical at this point. it could be oil goes to $90. i think fundamentally in the short term you could get something like that, but longer time i am bullish. if tony dwyer is right, you get more money to put it to work if not, you will have -- >> what i'm trying to think is do you have a pullback or not. you have to put money in the market are you buying or waiting for a pullback what are you doing >> i'm buying stocks i put fresh money to work today as well, you know, in the last week to a new stock. >> oh, what was that one >> a pullback, grea

i'm wilfred frost along with sara eisen record highs for the s&p 500 for its fourth straight week of. a key early read of consumer sentiment hitting a one-year high for april and housing starts jumped to a 15-year high. morgan stanley and pnc among today's reports. next week we'll have a

that to me lately i have the fed chair, he's been on tv a couple of times, whether it was with sara eisen or on "60 minutes. he is dovish jeremy siegel comes on and says we're in the third inning and there's nothing to worry about until the fed signals it is going to do something and that's not coming between now and the end of the year. now we're getting cautious this sounds like a different tone, joe. >> so what i'm communicating to you is what the risk is for the market and the reason behind why we would see a pause on the other side of earnings if the economic strength continues, if the economic optimism continues to be reflected both in consumer and corporate activities, i don't see how the federal reserve can continue to grow the size of its balance sheet. there will be a point of reckoning at which if the federal reserve needs to communicate that they will pause the growth of the balance sheet, risk assets will pause at that time as well it will ultimately be a pause that refreshes, but that to me is the risk on the other side of earnings in an environment that you are correct, sco

next tuesday with consumer prices fed chair jay powell in discussion yesterday with cnbc's own sara eisenorary mantra. >> we have a situation where the economy's reopening. there's -- there will be a surge in demand, perhaps, that will be bottlenecks perhaps. it seems unlikely that that will change the underlying inflation psychology that has taken deep roots over the course of many, many years so that's what we think. we think that there will be upward pressure on prices which may be passed along to consumers in the form of price increases we think that that affect will be temporary before that idea, it cooled off since the end of march you can see that little decline there reversing a steady climb upward and coinciding with the latest march higher in stocks. now the headline of the producer price index is expected to rise up to 3% year on year for another strong gain. it comes the day after gm said it would announce car shortage it had racked supply chains and manufacturers around the globe and threatened to push up prices what's unclear and what's important here, how much of that inds

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is expected to grow by 6.4% the euro by 4 .4 and china by 8.4% let's bring in sara eisen along with economist take it away >> morgan, thank you so much good morning, geeta, thank you for joining us >> a pleasure as always. >> 6% growth i don't think we've seen that a rate like that for the global economy since the early 80s. what's driving the forecast? >> so a big chunk of that is a consequence of the u.s. 1.9 trillion stimulus that was deployed that's half of the upgrade and the remaining half is if you look around the world, it's still very much the case that countries continue to adapt to living with the pandemic and so even though virus cases are high, the effect on economic activity has not been as bad as one might have anticipated i would say these are the two big factors. >> for the u.s., the outlook some say is a little conservative at 6.4 % growth for 2021 is it vaccine in stimulus? talk us through what could get us even faster along some of the wall street firms have us north of 7 % growth for this year. >> we haven't included anything from the more recent proposal of the infrastru

i'm sara eisen along with wilfred frost. the s&p 500 topping 4,000 for the first time ever. the nasdaq is up 1.5%. let's look at what's driving the action investors continuing to digest president biden's more than $2 trillion infrastructure plan he laid out yesterday afternoon and wall street is weighing in on the consequences of those proposed tax hikes in order to pay for it. >>> jobless claims coming in a bit higher than expectations but a key reading ofu.s. manufacturing activity jumped to the highest level since the early 1980s. >>> and technology winning today as yields pull back. faang stocks are all higher. microsoft gets a boost off the back of a $22 billion contract with the u.s. army 59 minutes left to go in a holiday-shortened trading week things are looking strong. >> very strong indeed. coming up on today's show, tom lee will join us with his outlook on the second quarter and why the trading action the past couple of sessions could be a bullish sign for the month ahead. >>> plus the ce o of wyndham resorts on what he's expecting for the travel season. and paris

i'm sara eisen along with wilfred frost and mike santoli, cnbc senior markets commentator.ow we finished up the day on wall street, the dow closed lower by half a percent 161 points the big story there, weak earnings or at least reaction to earnings from amgen, which took 119 points off the dow microsoft, another 48. the s&p 500 closed down just a bit. it looked like we were going to close higher as a record close but couldn't quite get there energy the best performer. technology the worst performer we will still looking at her best month since back in november with two days left of trade for the month of april the nasdaq down a third of 1%. we talked about some of the weakness in some of the tech names. a mixed picture. winners, google, amazon, mondelez microsoft, amgen, apple, tesla all some of the losers the russell 2000 small caps higher, the only one of the big four, by .1% now brace yourself for a bhild hour of earnings apple, facebook, ford, qualcomm. e-bay. all set to report results shortly. we will break down the numbers for you as soon as they are out. first let's

. >>> welcome back, let's get to sara eisen along with coca-cola chairman and ceo, james quincy. >> good doing this. >> you're welcome. >> the big headline this morning is that march volumes returned to march 2019 volumes, which is a key milestone. my question is how did you manage to do that when so much of your business is away from home and so many parts of the world right now are still in the throes of covid-19 >> clearly we're not out of the woods yet, but we focus very much, i mean, a year ago we sat down and we said we want to emerge stronger, we want to get back to our pre-pandemic levels, well ahead of the economic recovery around the world, and so we were very focused over the last 12 months focusing on really improving our marketing we cut the portfolio of brands in half. we got really focused on our innovation pipeline. we worked with our bottlers to really support the customers in new and different ways, where they're open and the sum of all of that, along with a new organization we've stood up as allowed us, as you say, to come back to the pre-pandemic levels in march, desp

i'm morgan brennan in for sara eisen along with wilfred frost also mike santoli.the major averages the dow is down half a percent, 181 points, low up for the month of april a similar story for the s&p as well the s&p closing down about 0.7 of a percent or 30 points. 4181 is your level there however, it just finished its best monthly gain since november the nasdaq as well finishing the day lower, down 119 points or 0.8 of a percent or also higher on the month of april i'd also just point out the dow transports, which are finishing their 13th straight week of gains. we haven't seen a run like that of the transports in more than a century. meantime twitter shares tanking on week user growth and guidance coming up, jeremy lu on the outlook for social media stocks as the economy continues to reopen plus shares of columbia sportswear under pressure despite an earnings beat the company's ceo will break down those results and give us his take on the state of the consumer. >>> meanwhile, barbara doran is still with uls and liz young joins the conversation now as well but f

yesterday, on the recovery at yesterday's virtual event, presented by the imf, moderated by our own sara eisen, interesting comments from powell talking about the unevenness of the recovery, but also this notion of when do you really know the pandemic is not going to come back to bite you again, bullard had the same comments earlier and i saw a piece on the tape earlier that herd immunity globally is probably not something we're going to get for 22 months. >> right and with the fed that is already very clear about saying it's going to err on the side of staying more easy than not and wait for the actual economic data and the full employment evidence, and even inflation running hot for a while, before they try to anticipate it. it's not a proactive fed anymore. they won't assume the end of the pandemic or mission accomplished with the economic recovery until it is right in front of us >> there's the opening bell, guys, final trading day of the week as we see breadth fill in, a look at the nyse and the nasdaq as well we did talk about briefly some of these upgrades in the industrial space, david

i'm sara eisen along with wilfred frost and mike santoli take a look at how we finished up the day on242 points, near the highs of the session had a nice final hour of trade there. for the week we're pretty much flat week to date. keep in mind we're going in one last trading day of the month of april. we are set for the strongest month for stocks since back in november s&p 500 closes up about 0.7 of a percent and closes at a new all-time high. what took us there communication services, thank you, facebook, and a number of other media names. financials also at the top of the list technology and health care were the two losing sectors as for the nasdaq, it set an intraday record high earlier today, closed up about a quarter of a percent, a little less than that we saw an intraday high for transports and the dow jones industrial average the small caps actually lagged today. they finished the day lower. >>> investors are now turning their attention to a trio of big earnings we will have instant analysis of results from amazon, twitter, gilead as soon as all of those numbers come out first

. >> thank you very much welcome to "the closing bell," everyone, i'm wilfred frost along with sara eisen. stocks lower and losses are accelerating the dow down 315, the russell 2000 down 3% earnings remain center stage with reports from j&j, travelers and p & g. reopening trades are taking a step back. airlines on the back of united results and cruise stocks are sinking as well. two blue chips dragging the dow down, boeing on news of a cfo change and after saying it's extended the mandatory retirement age for its ceo nike is pulling back on a downgrade from citi. energy down sharply, banks down sharply, s&p down 1%, sara >> worst day for the dow since early march. we've got a great lineup of guests coming your way in just a few minutes a can't-miss interview with the new citigroup ceo, jane fraser her first interview being the first woman to lead one of wall street's banks >>> the biden administration is looking into nicotine caps for cigarette makers, moving those stocks lower. >>> and netflix, csx, interactive brokers all gearing up for earnings after the close. we've got an interview