tyler matheson will join me in a moment stocks rebounding after yesterday's tax bombshell.h stocks are leading the way. nasdaq up 1.5% bitcoin below 50,000 it was back and forth all day. look at ethereum light coin. intel is falling after the results and this industry going through turbulence but could

i'm tyler matheson with kelly evans. welcome.ent now the draft is back. the pandemic knocked us down last year but it could not knock us out it couldn't keep us down for 2021 we are here socially distanced and in a new studio and you can see all of the teams are joining us remotely. there they are on the big wall ready to get started all of them one way or another on the clock starting line. >> very exciting we have a supermodel, athletes and stars from twitch and tiktok and the first pick of the cnbc 2021 stock draft belongs to tim seymour on the clock we need to get to dom chu to introduce the participants and the rules. dom? >> the ten teams making two picks each from 60 investment. 56 stocks plus oil, gold, bitcoin. we have the blue chips the big tech stocks like facebook, alphabet, appling amazon and microsoft and the new kids on the block zoom, draft kings, roblox and door dash and there's a gamestop, tillray. all that and more on the board the team will have the biggest stock appreciation not including dividends. the game

i'm tyler matheson kelly evans will join me there's reports that president biden will propose a 43% capitalns tax for high income earners. we'll break down the numbers and whether this is in any sense a surprise or whether he is saying it all along we all know the housing market is super hot right now prices are up. who's buying the homes a hint is your new neighbor may not come with two kids and a dog. i don't know whaat

i'm tyler matheson with kelly evans. reserve's decision on interest rates. the s&p 500 just barely in the red. basically flat the 10-year yield about 1.65%. there's the benchmarks as we see market reaction from today's fed decision on interest rates let's get straight to the panel. led by mona mahijon, david kelly is chief global strategist and jim karen is global fixed income portfolio manager. nod your heads if you agree the fed isn't going to do anything today. so, we can just end it right here, can't we i guess -- i guess, david, the real question obviously is, what is the text that accompanies this you suspect that the fed is going to have to take into account some of the more positive economic numbers that have hit the tape since the last meeting. >> yes it's going to be hard to stay quite so gloomy here the first thing is literal to have to do something about the statement about inflation. because twice in the statement they say it's running below the objective of 2%. so i think they'll change that i'm going to be

i'm morgan brennan with tyler matheson amazon wins a vote to keep the union out of the warehouse in alabamahere it goes from here. >>> vegas is back, baby! we get the latest on the reopening from the ceo of mgm resorts. >>> and it is safe to get back to the beach this summer

i'm about to say some words that make me very map pi, with kelly evans i'm tyler matheson watching the market sliding right now but is there a reason to be really worried we'll talk to mario gab elli about that and the economy and what he is buying right now, an interesting list you won't want to miss. johnson & johnson, peloton, tesla facing potentially serious image problems what are the ceos of those companies need to do to manage the issues to get the so-called messaging right? "power lunch" starts right now >> i am happy to say, thank you, ty we'll be in studio together tomorrow, right? >> tomorrow i will join you. i'm sorry i'm home off today and welcome back we missed you one and all. >> i missed you likewise and nice to be here. stocks are falling from record levels today with the nasdaq hardest hit down 1%. bob pisani, that's nice to say has more for us. hi, bob. >> so great to see you again any warm my heart every time i see you. welcome back modest declines -- we love kelly. did i say modest what's half a percent with a 5% increase in the s&p in april alone? no particular he

i'm about to say some words that make me very map pi, with kelly evans i'm tyler matheson watching theg right now but is there a reason to be really worried we'll talk to mario gab elli about that and the economy and what he is buying right now, an interesting list you won't wan

i'm tyler matheson seema mody joins us for the hour in a moment.ing all-time high just the dow, s&p records after a blowout jobs report last week. and strong economic data today pointing to a rebrown in america's economy. >>> plus treasury secretary yellen calling for a global minimum tax on all corporati

. >>> good afternoon i'm tyler matheson literally alongside kelly evans today.night live" next month we'll talk all things musk as they report results in a couple of hours. >>> ceo pay is a hot topic several companies shelling out big bucks while the companies struggle through the pandemic. >>> cowboys and crypto how did wyoming become a haven for cryptocurrency companies we have all that and more as "power lunchst

i'm tyler matheson seema mody joins us for the hour in a moment. stocks are soaring all-time high just the dow, s&p records after a blowout jobs report last week. and strong economic data today pointing to a rebrown in america's economy. >>> plus treasury secretary yellen calling for a global minimum tax on all corporations. how likely is it what does it mean for u.s. companies. >>> virgin joinlgs, a cruise line calling on the cdc to let us sail with fully vaccinated crews and passengers the ceo joins us as "power lunch" starts right now. >>> welcome to "power lunch. two hours left to trade and we begin with the markets at record high just the economy's recovering the fed on the side. hardly get better for the stock just let's get to mike santelli. when everything looks so good could that be at peak? >> at least time to start asking the question whether things can improve from here or whether everything is priced we thing to be on alert for is when the market stops responding positively to good news. this is a two-year chart of the s&p 500. you see

i'll join tyler matheson for "power lunch" after a quick break.ert we know responsible investing is hard. if you're concerned about the environment and climate change, how do you find companies that are driving the right outcomes? if you care about economic equality and social justice, which firms are addressing it in their workplaces and their communities? for nearly 40 years, calvert has delivered competitive returns by investing in companies making a difference because we see value in doing good. for more information, visit calvert.com/earthday. >>> good afternoon welcome to "power lunch. kelly evans will join me in a moment stocks are rebounding today but what's left to buy at peak everything are investors saying get out of the at home trade? netflix tumbling we'll look at the names one by one and see which could have some staying power. >>> economic opportunity of the billions of dollars in vc money, only a tiny percentage to businesses owned by blac

. >>> welcome, everybody, to "power lunch" far thursday with morgan brennan, i'm tyler matheson if you build it will it pay off? will the president's infrastructure plan build jobs and what impact could tax increases have on corporate spendingsome we'll talk to the ceo about trimble about that cathy wood is snapping up shares. >>> and why is the jobs market so tight right now we have heard lots of companies saying they're struggling to find workers where's the disconnect we'll explore that as "power lunch" starts right now. >>> welcome to "power lunch. i'm morgan check the markets at this hour the s&p 500 did hit another record high today but the real action is in the nasdaq. new highs once again for some of the big tech names payment stocks also higher whether with an app or paypal, squar, mastercard and visa president biden continues to aggressively push the massive infrastructure plan saying yesterday the country must take bold action. all right. we wanted to break it down from two key angles kayla tausche working out how to pay for it and steve liesman answering will it help or hur

with rahel solomon i'm tyler matheson the s&p 500 topping 4,000 for the first time ever. offices are reopening. wokkers rehired. a blowout jobs report expected tomorrow. >>> every stadium will host fans today for baseball 100% capacity in texas even met fans have hope but the game with washington has been canceled for this evening. that means big business for the sports betting companies and the legendary sports caster brent will join us we'll also be join by one of the most successful female angel investors, ai and vc and spacs with kim perell. "power lunch" starts right now >> indeed it does. welcome to "power lunch. i'm are hell solomon america is working to reopen as cities lower restrictions we see more and more restaurants and stadiums as tyler mentioned opening the doors and we are hitting every and l of the reopening. steve liesman looks at the return of the job market meg tir looking at employers. >> shepard smith and i just talking about that detroit game in the snow so yes baseball is back, a great sign for spring but snowing right now. take a look at the marke

i'm morgan brennan with tyler matheson amazon wins a vote to keep the union out of the warehouse in alabama. we'll tell you where it goes from here. >>> vegas is back, baby! we get the latest on the reopening from the ceo of mgm resorts. >>> and it is safe to get back to the beach this summer but is your body bikini read did? we are all trying to lose the covid 19 "power lunch" starts right now >>> so this is "power lunch. we'll get a check on the markets. once again creeping higher amazon shares are higher today after the company wins a key vote among workers at the warehouse in alabama voting against unionizing but there's more to the story. hey, d. >> plenty more, morgan so the union cam pane voted down by a large margin and that secures a victory for amazon in the u.s. and the fight is not over the retail union, the rwdsw, will challenge the results claiming illegal behavior by amazon saying we won't let the lies, deception and illegal activities go down and that's why we are filing charges against the illegal actions taken by amazon in the union vote amazon releasing its own statement

tyler matheson will join me in a moment stocks rebounding after yesterday's tax bombshell. tech stocks are leading the way. nasdaq up 1.5% bitcoin below 50,000 it was back and forth all day. look at ethereum light coin. intel is falling after the results and this industry going through turbulence but could there be an opportunity down the line "power lunch" starts right now >>> we have our reporters all over this potential capital gains tax hike dom, let's start with you. >> the bounceback is sharp and big on a relative basis. if you look at the dow industrials, the s&p 500 and the nasdaq composite, this is a one week chart and almost flat but for the major indexes we are back to where we were before the headlines with regard to biden possible tax cuts and a one-week basis off a little bit but still a big bounceback from the lows we saw yesterday what's leading the charge higher, technology stocks, financial stocks and the cyclicals like materials these are among the best performers so economically sensitive are the ones leading the charge higher and some stocks to keep an

along with frank holland, i'm tyler matheson the fed minutes breaking right now. what were they thinking at the last meeting steve liesman is digging through that. >>> georgia is on everyone's mind it seems. businesses are caught in the middle over that new voting law. >>> and two heavy hitters teaming up rick caruso with the winkle boss twins. caruso will accept rent payments and more in bitcoin. he'll join us with tyler winklevoss frank? >> thank you. >>> we await details from the fed minutes. you might think today'squiet based on the numbers but there's always action somewhere and today it is in the big mega cap tech names you probably already own, talking google, facebook and microsoft all hitting all-time highs today let's bring in bob pisani with what's working today and what isn't? >> frank, things are flattish. that's good news things have been going great the vaccine rollout is really strong so it's certainly good news to move sideways at record highs. everything is rotating through really nicely. you mentioned the tech stocks with leadership overall and

tyler matheson and "power lunch" will pick it up next with some breaking news. >>> thank you, my frienddy, to "power lunch" for a monday. we are going to start with that breaking news. kayla tausche has the details from president biden's meeting about the chip supply chain and josh lipton will look at the chip companies that could stand to benefit kayla, we start with you. >> it is clear thaes

tyler matheson and "power lunch" will pick it up next with some breaking news. >>> thank you, my friend good to see you. welcome, everybody, to "power lunch" for a monday. we are going to start with that breaking news. kayla tausche has the details from president biden's meeting about the chip supply chain and josh lipton will look at the chip companies that could stand to benefit kayla, we start with you. >> it is clear that president biden is going to be using the global supply shortage of semiconductors and the desire to dominate once again in chip manufacturing here in the u.s. as a galvanizing issue to try to bring bipartisan support together for his infrastructure plan or the plan that he is calling an infrastructure plan that he is going to be meeting with lawmakers later today to discuss again and meeting first with the chip executives from car companies, tech companies that use the chips in their consumer goods and then meeting with lawmakers where there's support to reinvest in this type of manufacturing capacity and real disagreement over whether that needs to be part of a br

>>> good afternoon i'm tyler matheson literally alongside kelly evans today. the celebrity ceo elon musk, that guy, will host "saturday night live" next month we'll talk all things musk as they report results in a couple of hours. >>> ceo pay is a hot topic several companies shelling out big bucks while the companies struggle through the pandemic. >>> cowboys and crypto how did wyoming become a haven for cryptocurrency companies we have all that and more as "power lunch" starts right now >>> stocks are higher today, more than 100 of the s&p 500 companies hitting 52-week highs today. let's go to dominic chu for more. >> out of that 100 some, 70 some are hitting record highs to give you an indication of where we are, just a stone's throw away from record highs in the s&p 500. still though take a look at the sampling mega cap, alphabet up and microsoft just about flat on the day and hit record highs in trading today and capital one still holding on to 2% gains stanley black & decker is weaker but a play on home improvement trade that stock hit a 52-week high toda

along with frank holland, i'm tyler matheson the fed minutes breaking right now.digging through that. >>> georgia is on everyone's mind it seems. businesses are caught in the middle over that new voting law. >>> and two heavy hitters teaming up rick caruso with the winkle boss twins. caruso will accept rent payments and more in bitcoin. he'll join

with rahel solomon i'm tyler matheson the s&p 500 topping 4,000 for the first time ever.ning. wokkers rehired. a blowout jobs report expected tomorrow. >>> every stadium will host fans today for baseball 100% capacity in texas even met fans have hope but the game with

i'm tyler matheson kelly evans will join me there's reports that president biden will propose a 43% capital gains tax for high income earners. we'll break down the numbers and whether this is in any sense a surprise or whether he is saying it all along we all know the housing market is super hot right now prices are up. who's buying the homes a hint is your new neighbor may not come with two kids and a dog. i don't know what that means but we'll tell you. >>> plus the yolo economy. not the j.lo economy the pandemic spurring many people to make life changes. "power lunch" will tell you about that and more as we begin right now. kelly? >>> thank you, ty. breaking news, shook the markets in the past hour stocks are sinking now on news of a big hike proposed to the capital gains tax especially for the wealthy. w ylan, what do we know? >> bloomberg reported that the white house is looking at raising the top rate on high income earners to 39.6%. they would then tax capital gains as ordinary income at that higher rate for wealthy households also reporting that the administration would keep in plac