. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if wereate our own energys beautiful placup >>> welcome back good morning it's kind of warm here it's, like, 50 degrees, but raining in new york. happy april. >> in the meantime, one of the great economic stories of the past few years has certainly e renovation americans are spending huge amounts of money to fix up their houses, but now home remodeling is expected to shrink to its weakest level in three years, and there are three big reasons

it's then sent to the data truck for real—time analytics. truck is where data is analysed, enriched, and visualised for broadcasters and teams. there's even enough data for machine learning algorithms to get to work. the depth of data analytics produced from simply a gps device is staggering. contextual data such as 3—d maps, weather, gradient and rider information is also added to bring the data to life. during the race, riders wear earpieces and, following close behind them, is the data car, where the team analyst is dissecting the data and feeding them live information. and so what happens in here, it's quite an important place, isn't it? imagine if you have a comms office when you're trying to fly a rocket to the moon, and just feel like we're that place in nasa where all the details come in and they come in from all directions, and then we send out one message to the riders. hundreds of datasets are analysed, from competitor tactics to live course conditions. so we analyse all the climbs, the gradients of the climbs, the road surfaces,

data. we do need to work with system providers and other hospitals to give us at that time an data an. that one individual that i shared never hit our system but had gone to st. francis emergency many times. we actually didn't know about it until we had to follow that information. once we to this unified system as well as this collaboration within the data sharing and emergency room reviews that we do with people who are using the system that help us a lot. it's something that needs to be improved. >> supervisor mandelman: the other question that keeps coming back, 5150, they don't need to be there for the full three days because their symptom clear. it's taking up a ton of space and you have people sitting in chairs. i've heard the idea of having sort of some other kind of separate, essentially meth sobering facility this will be place to send that particular set of folks. they need to be in a loxed facility. they need to have tricks around but they artrick --doctors arou. is that something you're interested in having? >> we do have detox. we have substance treatment, we have urgent ca

. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if weour own energy, we can take care of this beautiful place that i grew up in. ♪ ♪ ♪ our new, hot, fresh breakfast will get you the readiest. (buzzer sound) holiday inn express. be the readiest. >>> the whole market got slammed, i think it's worth considering the other side of the trade. we just got some hideous china numbers. the gdp grew at 6.6% clip. i've got to tell you that may sound like a lot, but that's actually, get this, it is their slowest growth since 1990. keep in mind, these are the official government sanctioned numbers. in the fourth quarter, china's consumer spending in car sales slowed substantially we know the trade war has been terrible for the people's republic when the united states hits them with tariffs, it hurts this is a no-win situation for china. either they make concessions to president trump and open their markets, or they maintain the status quo and continue to get devastated by the tariffs. how can the chinese get out of this so if you're investing in chine

is it time to take profits the call of the day is next. >>> before the break, our data partners at kensho on the small caps they are up 10% year to date even a 5% january gain has only happened three other times that's led to a february rally in all cases for moreha go to cnbc.com/kensho to have a hundred percent renewable energy goal. if we don't make this move we're going to have changes in our environment, and have a negative impact to hawaii's economy. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if we can create our own energy, we can take care of this beautiful place that i grew up in. ♪ unstopand it's strengthenedting place, the by xfi pods,gateway. which plug in to extend the wifi even farther, past anything that stands in its way. ...well almost anything. leave no room behind with xfi pods. simple. easy. awesome. click or visit a retail store today. >>> hey, everybody my favorite part of the halftime report is when you send your questions in and we get to answer them. send us a question cnbc.com/halftime. we'll answer it on air i

. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if wereate our own energy, we can take care of this beautiful place that i grew up in. ♪ >>> chips ripping higher today the smhetf rallies with materials and higher after profit beats from a number of stocks in the group. this ahead of mega chip maker today. the semispike just getting started or ready to fade todd gordon with trading analysis.com and mark tapper with strategic wealth partners it's been an impressive bounce here pretty good move off the lows but seems like still some distance to where they traded let's say ten months ago how does it set up for you >> absolutely, michael a lot of precedence to the once wey seen significant corrections. this is about 29% back in 2011 this is 27 and just did another 29%. it's actually very much, it's very typical it's not anything excessive. i like this and think they've stabilized, heading into intel, earnings tonight, i like the look of this as we pop over here, beautiful level around the 50 level. look at how many times they try to break thr

we've got the european central bank meeting coming up in a couple of hour's time, but we've had a batch of data. the pmi numbers from france choomg it's double in four years. germany. right now we just saw the composite numbers coming out for all of the euro zone let's go through those the flash composite tmi number has come in at 50.7. this is much lower than the reuters poll of 51.4 it's also a drop from where we were back in december at 51.1. just to give you some context, these pmi numbers are the lowest since july 2013. the services pmi numbers, again, the lowest since august 2013 the manufacturing pmi numbers, the lowest since november 2014 we really have seen a bit of a dip in terms of overall activity in the background, and i think this is a very interesting setup as get into the ecb meeting. let's not forget back in december dragi did mention that the risks were broadly balanced. since then the data has deteriorated, and it will be interesting to see whether or not they incorporate this latest batch of weak pmi numbers into consideration. nancy. >> regarding the money laundering scanda

. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if wee our own energy, we can take care of this beautiful place that i grew up in. ♪ that rocking chair would look grahh, new house, eh?e. well, you should definitely see how geico could help you save on homeowners insurance. nice tip. i'll give you two bucks for the chair. two?! that's a victorian antique! all right, how much for the recliner, then? wait wait... how did that get out here? that is definitely not for sale! is this a yard sale? if it's in the yard then it's... for sale. oh, here we go. geico. it's easy to switch and save on homeowners and renters insurance. >>> the ftc considering a record fine for facebook over the social network privacy practices, effecting more than 2 billion users. the ceo sat down with us at davos to talk about tech ceos and what needs to change >> we're nar debating a crisis of trust ceos don't help us if they're not helping the homeless or people that need them, and certainly if they're abusing product or data they're collecting, those ceos need to als

that's why xfinity mobile lets you... ...pay for data one gig at a time. ts included, you'll pay even less for data. or, if you need a lot, we have unlimited too. plus get $100 back when you buy an lg or moto phone. it's simple. easy. awesome. click, call or visit a store today. >>> shutdown, day 35 both sides start talking again, but still no deal as two votes in the senate fail hundreds of thousands of government workers miss another paycheck political crisis in venezuela. how much should the oil market worry about massive unrest in the opec nation. chips and coffee reaction to earnings reports from intel and starbucks. it is friday, january 25th, 2019 "squawk box" begins right now. why is andrew still there then >> more interviews, i think. we're going to see maybe through the morning? >> i think so too. >> somebody has to pack up all the equipment. you know is it really all those times they do the health care conference and say, oh, everyone really -- the real stuff gets done three days beforehand no one sticks around we'll ask andrew about that. we wil

verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if we canreate our own energy, we can take care of this beautiful place that i grew up in. ♪ >>> good morning it is 5:00 p.m. at the world economic forum in davos, 11:00 a.m. on wall street. "squawk alley" is live ♪ ♪ morgan brennan, jon fortt at the new york stock exchange. first up, breaking data on eia inventory. leslie picker has that >> hey, carl that was delayed a day by the monday holiday oil inventory shows a build of 8 million barrels compared with estimates of 750,000 barrel drop gasoline inventory up 4.1 billion barrels con sense us called for a build of 3.1 million barrels. gas spiking up 3% on that news, natural gas. >> thank you for that. >>> moving to the big story, wilbur ross telling cnbc that the u.s. is miles and miles from any trade deal with china. take a listen. >> there's been a lot of an ' s anticipation, but we're miles and miles from getting a resolution, and frankly that shouldn't be too surprising. trade is very complicated. there are lots of issues, and structural r

time. >> but the vix is responding to data that we're seeing, whether it was the china ism or the u.s. ism and china data points. if we find ourselves at 20, it's because something has changed, not because the vix has changed. >> yeah, but i think there's a lag effect on this hedge fund adjust their position sizes based on the level of market volatility but they don't do it on where the vix is today, they do it on a rolling one month or two-month basis if the vix has been drifting lower, that means that over the next month or two, hedge funds are going to reflate their position sizes and buying those nasdaq kind of names they sold out of i think if you have a slow drift down, it's like having a really strong tailwind. i don't think you need the vix to get down to 12 in order to have more upside. >> we're just about out of time. what is the one thing that confuses you >> there's total inskicconsiste in the underlying earnings data. the earnings are moving toward zero for the first quarter 2.5% expected growth the revenues are knock-the-lights out good and the margins are horrifically ba

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. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if weate our own energy, we can take care of this beautiful place that i grew up in. ♪ when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. >>> welcome tobacback to "squaw alley. after the bell, we have another big slate of earnings, including facebook sheryl sandberg, ceo, is going to be sitting down with our own julia boorstin at 6:15 p.m. eastern tonight. you can catch that live streaming on cnbc.com. >> and on cnbc asia, if you want to catch it there. if you're in asia. >> tomorrow on our air >> of course a big earnings report from them, given all of the volatility that we've seen in that stock >> it's up 2%, heading into earnings, down more than 20, though, over the last 12 months. a lot also expected out of washington today investors keeping an eye on the fed, of course, expecting to hold steady on rates in its announcement this afternoon. a

negative impact to hawaii's economy. ♪ verizon provided us a solution that lets us collect near real time dataid. ♪ if we can create our own energy, we can take care of this beautiful place that i grew up in. ♪ do i use a toothpaste that whitens my teeth, or one that's good for my teeth? now i don't have to choose. from crest 3d white, the whitening therapy collection with new spearmint and peppermint oil. it gently whitens, plus it has a fortifying formula to protect your enamel. crest. healthy, beautiful smiles for life. >> get you up to speed on your markets futures. a lot warmer than the wr the dow futures up 77 right now. s&p and nasdaq futures are higher as well you know what's been hot >> gold has basically been ignored the past five years. gold on pace for its first four-month win streak. all the way back to 2016 u.s. trade talks kicking off today in d.c there is a lot at stake. both nations coming up against a march 1st deadline for any kind of a trade deal. joining us now is paul markham, global equities portfolio manager at newton investment management paul, when you got into this b

. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if we create our own energy, we can take care of this beautiful place that i grew up in. ♪ this is it guys. you ready? to have epix? absolutely. woooo! you'd laugh. oh, ow. [ chuckles ] you'd cry. look, look, look, look, look, look, look,. maybe even laugh while crying. what the fertilizer? sounds pretty great, right? riiiiiiiiiiiiiiiight! just say, "add epix" and it can all be yours. it's easy to upgrade. and you don't want to miss out on everything epix. >>> the market seemed to have gotten exactly what it wanted from the fed but is this one on done from the rates and back in field play once again, steve liesman joining us now with more >> there is a big question first, go to the two commentaries, i think the two commentaries do a very good job of setting the stage barkley said it sends a strong signal that the interest rate cycle as complete, there it is yesterday. hyperdata dependence means a reactive fed, whip sawed by market movements and absent clear direction. highlighted to dissate

the system once it's in place in 2020 when that system is up for the first time it will have real-time data on how the rate writers actually use the system to create huge opportunities to improve service to think differently about fares and routes and pricing to modernize operations to better serve customers and create a truly customer focused transportation infrastructure. second, to make the investment of public infrastructure over the next generation zero emission vehicles and autonomous vehicles. setting this right would have unprecedented collaboration with local governments and her neighbors as well as innovative partnerships with the private sector. to reduce greenhouse gas emissions within the transportation system with the mid-atlantic partners should have a capital investment system to mirror our successful model of energy that is a largest program of its kind in us history. [applause] and finally to more fully appreciate the relationship of where people live in where they work and those policies how they affect their ability to get from one area to the other i have spoken more th

negative impact to hawaii's economy. ♪ verizon provided us a solution that lets us collect near real time dataour power grid. ♪ if we can create our own energy, we can take care of this beautiful place that i grew up in. ♪ >>> welcome back to "fast money. we've got an earnings alert on intel. the conference call is under way right now. the stock is down 7% josh lipton is in san francisco with the details josh. >> so, melissa, i quickly checked in with a couple of analysts to get their take chris roland he talked about the business unit ccg, chips for pcs, modems, $9.8 billion was weaker than expected apple is a customer there. chips for servers, $6.1 billion. that was also weaker than expected in part cloud customers not spending as much i asked why he remains a bull. he said, listen, they are still a leader in the data center and growing opportunities in memory and networking markets i also caught up with reuben roy from mkm he thought intel was likely leaning on the side of conservatism as they did in 2018 he acknowledges he did expect a higher revenue guide for the full year. he said intel

. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if wereate our own energy, we can take care of this beautiful place that i grew up in. ♪ ♪ ♪ move to the enterprise-grade cloud that's built to handle all your apps. ♪ ♪ the ibm cloud. the cloud for smarter business. the ibm cloud. and the army taught me a lot about commitment. which i apply to my life and my work. at comcast we're commited to delivering the best experience possible, by being on time everytime. and if we are ever late, we'll give you a automatic twenty dollar credit. my name is antonio and i'm a technician at comcast. we're working to make things simple, easy and awesome. >> here's a quick look at stock futures where we are indicating a drop of about 130 points on the dow right now. again, a lot could change, but still, dow futures off 130 points s&p and nasdaq futures, a similar story. maybe because of this story. >>> the imf sounding the alarm over global growth let's get right now to sarah eisen live in davos at the world economic forum with a special des. sarah. >> good

. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if we create our own energy, we can take care of this beautiful place that i grew up in. ♪ unstopand it's strengthenedting place, the by xfi pods,gateway. which plug in to extend the wifi even farther, past anything that stands in its way. ...well almost anything. leave no room behind with xfi pods. simple. easy. awesome. click or visit a retail store today. >>> welcome back to "fast money. shares of amgen falling on the back of its earnings report. let's get to frank holland back at headquarters with wall street's reactions to the results. >> good afternoon, melissa we spoke to five analysts and none of them surprised despite solid beats on revenue and on eps. the weaker guidance has been part of a pattern for the past six quarters where they eventually ended up beating. yi saying we think the stock is down and expected reaction but the guidance is ultimately conservative he's say conservative, not weak. ken is saying the beat was largely due to legacy products, which won't see shareholder

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negative impact to hawaii's economy. ♪ verizon provided us a solution that lets us collect near real time datar power grid. ♪ if we can create our own energy, we can take care of this beautiful place that i grew up in. ♪ >>> welcome back about seven minutes before we get started with trading here at the new york stock exchange. time for a mad dash. >> do you remember how jerry pitched one of my favorite actors the idea -- >> i saw bob ballaband last night. >> what did he say the show seinfeld was about >> nothing >> this guy not son-in-law he a great reporter, but hoe's also incredibly funny he's saying that this narrative not so good. that's the sale of the leasing, aircraft leasing. >> a very valuable asset that ge has. it does have a good amount of debt that is associated with it or liabilities that are. but what's the conclusion here. >> derivatives exposure thing. every time we read the filing and discover a number that stands out as large, what he's saying is this move shouptd have occurred this thing is not going anywhere. >> the reason for this move, he's the reason for the move >> he

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. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if weate our own energy, we can take care of this beautiful place that i grew up in. ♪ amazon prime video so when you say words like... show me best of prime video into this... you'll see awesome stuff like this. discover prime originals like the emmy-winning the marvelous mrs. maisel... tom clancy's jack ryan... and the man in the high castle. all in the same place as your live tv. its all included with your amazon prime membership. that's how xfinity makes tv... simple. easy. awesome. >>> we're going to talk about a great american success story amd shares are up sharply this morning in reaction to a dynamite quarter and fabulous guidance. the stock is up around 50% so far this year, very unusual for most of the semiconductors, by the way. this is an exclusive interview, total treat. we have lisa su, congratulations on a much better than expected quarter. >> good morning and good to be talking to you and david >> david is from queens. i'm from philly. all right. lisa, a lot of people felt

when that system is up, for the first time, the t will have real-time data on how its riders actuallyse the system. this creates huge opportunities to improve service, to think differently about fares and routes and pricing and to modernize operations to better serve customers and to create a truly customer-focused transportation infrastructure. second, we must make the investments in public infrastructure that will enable the next generation a zero emission vehicles and autonomous vehicles to thrive here in the commonwealth. getting this right will require unprecedented collaboration with local government, our new england neighbors, as well as innovative partnerships with the private sector. third, reduce greenhouse gas emissions within the transportation system. the work we're poised to do with our northeast and mid atlantic partners should produce a capped investment system for transportation that mirrors our successful model for energy. it will be the largest program of its kind in u.s. history. [ applause ] and finally, we need to more fully appreciate the relationship between wh

. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if wereate our own energy, we can take care of this beautiful place that i grew up in. ♪ and the army taught me a lot about commitment. which i apply to my life and my work. at comcast we're commited to delivering the best experience possible, by being on time everytime. and if we are ever late, we'll give you a automatic twenty dollar credit. my name is antonio and i'm a technician at comcast. we're working to make things simple, easy and awesome. zbliefrmt crude prices tumbled on thursday in terms of slowing growth, but the commodity has now tumbled over 20% in the past three months for more let's welcome michael worth, chevron chairman and ceo. thanks for joining us in davos this morning if you could wish and it would come true, what's the perfect level for -- we'll talk, i guess, wti since that's what we've been talking about where would you like it to be? we're probably not that far from that kind of a price right now >> are we good enough to get it out of the ground where it's a profi

that's why xfinity mobile lets you... ...pay for data one gig at a time. s included, you'll pay even less for data. or, if you need a lot, we have unlimited too. plus get $100 back when you buy an lg or moto phone. it's simple. easy. awesome. click, call or visit a store today. >> it's 5:00 a.m cnbc global headquarters 5:00 a.m. also in the nation's capital where some 800,000 federal workers are waking up this morning without another paycheck frustration growing. the government shutdown now in its 35th day we are live in washington. whether there is any impasse that is going to break is straight ahead breaking news out of venezuela the state department ordering all non-emergency personnel out of the country political tensions on the rise we have got the latest on this rapidly unfolding situation. intel shares are down big this morning, and it has a lot to do with china we'll explain. big banks headed to the hill o

" added more details to the story, including detail on the timing of the data transfer and its nature. according to "the times," manafort transferred this data from the trump campaign to kilimnik in the spring of 2016. "the times" further reports it was both manafort and gates who were involved in transferring that data. and the transfer involved not just public polling data, but also private polling data that was internal to the campaign, which of course is among the most highly prized data any campaign has. why would you give data like that to someone in another country in the middle of the campaign? why would you give data like that to a guy who is linked to russian intelligence? as intelligence committee chairman adam schiff told abc news today, quote, the question is why? why would russians be interested in polling data on an american campaign? why would that be of value? how would the russians make use of that? and of course, why did manafort lie about it? last night "the new york times" reported that the russian intelligence guy, kilimnik, he passed on t

negative impact to hawaii's economy. ♪ verizon provided us a solution that lets us collect near real time datagrid. ♪ if we can create our own energy, we can take care of this beautiful place that i grew up in. ♪ ♪ >>> to own the industrials or not own the industrials that is the question when the federal reserve announced they were willing to strangle the life out of the economy, to stamp out inflation back in october the whole industrial cohort started rolling over these are companies that rely on strong economy any that causes a slow down puts their stocks through the meat grinder then the fed eased up and talked about the need for patience when itcomes to the needs for raising interest rates to create a benign environment but now data suggests the rest of the world is in bad shape china with a slow down going to european union and government shut down doesn't help does it how to approach the smoke stack or heavy tech manufacturers that are very much hostage to the business cycle want you to consider the curious case of emerson electric, emr for you home gamers, this is a diversified indust

either silos or real-time data, pulling it together to take business decisions about how to best runlair businesses. for example, chrysler-fiat, they're using it to do things like identify tiny fixes early in the manufacturing proceedings that could save them later by doing basics. like repairing one wing aetna costs maybe a couple of cents as opposed to something that if you wait six, seven months, it could cost a couple thousand dollars so going in and finding hat information. emily: is having a sales teem work income terms of gentle remaining revenue? > right. it's too soon to say globally. they pull their finances tight to them with you in europe, we reviewed some documents that showed it is paying off in europe and it's up significantly, up to $135 million for 2007, which is the last filing that we were able to access so it is paying off but the larger question about culture is still undetermined. it might have been tricky to have the c.e.o. and leader of your company saying they're an engineering first, engineering-only culture and bring in a sales team after 15 years. that's t

parents shouldn't fixate on time data since her some information on how much screen time is too much screen time. >>> it gives you goosebumps. especially after we put those seats in there. just sitting down and taking in everything. it was amazing. >>> the golden state warrior's new home is starting to take shape. the step towards completion that happened today. >>> in weather, not a drop of rain so far, but that will change rapidly. we are talking about multiple systems and strong wind and rain . hebreakfast makers, takers, step counters, outdoor explorers, faith restorers, appointment keepers, fantastic creatures. farmer's market goers, cholesterol lowerers cell phone silencers. the new lease on lifers, and the positive thinkers. here's to you all that see every day as an opportunity to thrive your way. >>> a big change underway at at&t park in san francisco. the scoreboard has been dismantled and a huge rain will be installed right there. it will cover more than 10,000 square feet. more than three times the size of the one ever places. top notch visuals are an important part of th

mention government shutdown and what that means for lack of timely data that investors do rely on here, especially with the fed data dependent. is that going to be something that could dent the confidence of investors in what we're looking at right now, a risk driven rally? sandip: history has told us government shutdowns are not an economic event. the lack of data, those will all be minor inconveniences. the event runs and -- assumed unusual proportions because it happened just before christmas. we went into the partial shutdown on the 22nd of december. the fomc announcement had raised a lot of question. james mattis retired -- resigned that week. a created this arab confusion and chaos and, therefore, took on greater importance than it normally would have commanded. i'm trying to put this into the anegory of not quite alarming event, but the more trivial impact. scarlet: sandip bhagat thank you so much. the cio of whittier trust joining us from los angeles. that does it for the closing bell and for me. romaine bostick will be stepping ison looking at a market taking a turmoil turn. t

that's why xfinity mobile lets you... ...pay for data one gig at a time. lions of wifi hotspots included, you'll pay even less for data. or, if you need a lot, we have unlimited too. plus get $100 back when you buy an lg or moto phone. it's simple. easy. awesome. click, call or visit a store today. booyah. >>> i'm just going to come out and say it, maybe we need to stop acting like wells fargo is some kind of pariah. the major banks have done fabulous this earnings season. but you only hear about the feds cap on a company's growth or senator elizabeth warren demanding heads rolling or the cross selling scandal from years ago, which was a bad scandal i'm not denying that earlier, i got a chance to sit down with tim sloan, wells fargo's president and ceo. i want you to hear his side of the story. >> tim, you became ceo in october 2016 you vowed to turn it around. where are we in the turn >> we're making a lot of progress, jim. by the way, thanks for having me on the show. >> of course >> it's good to see you. when i stepped in, jim, i promised that we were go

under the compromise we worked out, law enforcement has access to license plate data for a brief period of time, but then the data is erased if the vehicle is not linked to a warrant or alert. to me, that seems like the right kind of balance between utility and privacy, although i will bet now that my law enforcement folks would argue we still have not gotten that balance exactly right. what are the reasons a company would need to store data for longer? how do we balance holding data for the possibility of using it for purposes such as innovation with the possibility that holding onto data could mean that one consumer information -- more consumer information would be released in the event of a breach? i will start with you and then ask the others to weigh in. dr. jelinek: regarding the gdpr, if you store the data longer than you need it, you don't act in accordance with the law. that is the first thing. the second thing is you just have to hold the data for the issue you are professing it. so the best limitation is if you don't hold it long so you won't risk a breach. sen. hassan: anybody else

. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if wereate our own energy, we can take care of this beautiful place that i grew up in. ♪ >>> welcome back to the "closing bell." industrials top the list, materials doing well, also, but technology is lagging. communications services, technology itself, the be the tom. consumer discretionary suffering. s&p's down 0.2%. >> yeah. sector to continue to watch with the apple earnings after the bell but meantime, we have a news update with sue herera sue? >> hello, everyone here's when's happening at this hour huawei executive juwanzhou at a canadian court and fallout continues between china, canada and the u.s., canadian prime minister trudeau said he'll hold firm on the rule of law. >> we are focused on fulfilling our international obligations, treaty obligations, making sure that the rule of law is consistently and sbintegral applied and the law is respected. >>> new charges for the man accused of killing 11 people at pittsburgh synagogue bowers facing 19 additional federal hate crime and fire

times . despite data being leaked in december in the form of for the advent callender the cyber attack only came to light last week the investigation is continuing and questions about the security of the german government's digital infrastructure half yet to be answered. joining me now is christoph abos he is head of the cyber security research program for police when eight it's a berlin based think tank because of it's good to have you on the show let us talk a little bit about what we're dealing with here where the suspect is a twenty year old high school student still lives at home with his parents described by police as not a great computer expert. what he must be good at something if he was able to do what he did right i think is that collecting data as far as i'm aware of a lot of these information were out there on the internet at some deep of the web and so if let's about technical expertise and more about commitment and actually the motivation to do harm or if he was still able to get things such as e-mail addresses and fax numbers for i'm going to make over the german chancellor how is

times . despite data being leaked in december in the form of for the advent callender the cyber attack only came to light last week the investigation is continuing and questions about the security of the german government's digital infrastructure have yet to be answered. well davies frank often has been following developments for us frank what more do we know about the suspect and why he might have done this. well as we just saw in our report he's he seems this us because this twenty year old young man from the state of hesse in central german a and he is cooperating fully with the police he confessed towards the investigators and as much as we know from the police he also said that he was angry about these public figures mainly mainly parliaments parliamentarians of german parliaments media people and celebrities and that's that seems to be the reason why he did not i think one thing is very important to point out is this hack seems to have been targeted against individuals social media accounts and not public infrastructure public internet infrastructure of germany for example not against a ne

negative impact to hawaii's economy. ♪ verizon provided us a solution that lets us collect near real time data we can create our own energy, we can take care of this beautiful place that i grew up in. ♪ so, servicenow put your workflows immhm. cloud, huh? your employees must love you. [ chuckles ] thank you. you could say that. i love you. servicenow works for you. >>> all right. we're back time for final trades. pete, appreciate you braving the elements leaving the house today. give me your final trade >> yeah, it's going to be interesting. we all talked about what the earnings coming up i saw some great paper today on facebook i already own the stock, scott so facebook is my final trade. >> good stuff. see you back here soon, i hope >> we haven't discussed banks so far. that's unusual in front of the fed. i'd highlight citi which trades at seven times earning 7.5 dividend yield citi is headed to be a structurally better company. >> saudi imports to the u.s. at a low not seen since 2010. concho energy. >> their cxo getting a nice bump today. >> our favorite call right now is consumer staples.

. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if wean take care of this beautiful place that i grew up in. ♪ the latest inisn't just a store.ty it's a save more with a new kind of wireless network store. it's a look what your wifi can do now store. a get your questions answered by awesome experts store. it's a now there's one store that connects your life like never before store. the xfinity store is here. and it's simple, easy, awesome. >>> welcome back to the "closing bell." the s&p 500 is up 12% since its christmas eve close. mike santoli joins us on what this bounce back means for stock valuations mike >> yes, morgan particularly relative to treasury yields. this is the equity risk premium. a measure of equity risk the earnings yield of stocks compared to the treasury yield the 10-year treasury yield when this is high, stocks are relatively compared to treasuries and you see back here this was around the early 2016 lows stocks did look cheap and performed very well from these levels when were they expensive last year. obviously sto

negative impact to hawaii's economy. ♪ verizon provided us a solution that lets us collect near real time datae can create our own energy, we can take care of this beautiful place that i grew up in. ♪ >>> let's get to jim and "stock trading. >> a lot of times it was the best of times, the worst of times, dave, it was the age of wisdom and age will foolishness. epic of belief and incredulity i think the snack business is really on fire for them, not the chip business. not taking the intel job despite her work with frito lay. one person has better candy, one guy is a better snack store. >> one wanted to buy the other don't forget that. >> that was the spring of hope, david. turned out to be the winter of to spare at hershey's. >> yeah. that's not been a good quarter what's on "mad" tonight? you mentioned elizabeth warren. >> i've not paypal, maybe they can tell a better story and senator elizabeth warren she's not a fan of wells fargo not a fan of howard, so we've got some work to do. got some wood to alcohol i wonder if jpmorgan stock is down because i have her on tonight. >> consider herself a

. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if weergy, we can take care of this beautiful place that i grew up in. ♪ it's the first day of school. yeah, he's so nervous. tom is letting him know it will be alright. i know, it's a big day. i'm so proud of him. gotta go. ♪ good luck on your first day. just as we help companies advance in the digital era, cognizant is helping people do the same, by investing in skills training in communities nationwide. ♪ >>> welcome back to "squawk on the street." i'm diana olick from the national association of realtors existing home sales in december down 6.4% month to month to a seasonally adjusted annualized rate of 4.99 million units that's a huge miss, and a very unusually large drop or even move for a monthly figure. sales also down 10.3% year over year realtors say they're not sure why the big drop in december mortgage rates were higher in october when these sales would have been contract signings but also high in september and august as well sales down across the board. in the northeast down 6.

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