women in corporate america and on wall street coming up on "closing bell," including the ceo of williams sonoma. a lot of women rocking in their fields, and talk jobs as well. great lineup today on "closing bell." all week long, especially today. >> good. i like it. any men at all >> i'll invite you, and let wilfred and mike be there too on the desk >> thank you >> if you deem it appropriate, we trust you, sara >> i will limit their talking time. >> you always do that. >> true. >> "squawk alley" is next. don't miss masa son on uber. his interview with david, the dow cut losses in half

ceo of williams-sonoma is optimistic. >>> we have 6:30 left until the close.nto the close down just 33 points on the dow we were down as much as 300. >> will we go positive seven minutes. what do you think? i don't know we need steve grasso here to make a call. >> not quite. >>> after the bell, we are going do talk to a former ford ceo mark fields about the state of manufacturing, trends in the industry "closing bell" will be right back don't get mad. get e*trade, dawg. >>> sara, if you're watching, i might lose this bet. the dow is very nearly positive. s&p still down .2% the dow, though, essentially back to the flat line. it was down as much as 220 points there's been an encouraging final couple of hours of the session after a negative week. particularly the last few hours. the other thing that's happened today for the first time this week the u.s. outperformed the rest of the world. shanghai down 4% the nikkei down 2% europe down half to 1% it means a number of sectors are positive, as well. we had all the sectors in the red earlier today. defensive in tone

william sonoma seeing a nice pop on a strong earnings beat.is also upping its buyback by $500 million and increasing its dividends at 48 cents per share. william sonoma shares up 6% in the premarket and guess shares are plummeting on mixed results. the retailer reporting a top line heat, but missing on earnings yes, also issuing weak guidance. those shares, you can see, off by 14% in premarket trading. the dow would open lower by 85 points if the futures losses hold into the opening bell the s&p off by about five points, and the nasdaq slated to open higher by just about two points let's bring in tim seymour at asset management he is a cnbc fast money trader thank you so much here bad news is good news. the stocks aren't reacting in that >> it's more dovish. you think about it, and we really have a fed that downgraded 2019 to zero hikes and maybe one someone out there. dynamic and 51 on the ten-year i think equities -- certainly i have to be really that cautious downgraded the economy the economy all at the same time low rates are one thing, a

williams-sonoma up 2.5%, levi not trading yet. >>> the good luck to the oregon ducks. they play tomorrow. >> i appreciate it. >> final four? >> what is that? >> are you going to the final four? >> they are 12 city. if they win one game i'll be happy. >> miracles can happen jason. thank you. >>> don't worry if you didn't hit the powerball last night. >> you get another chance saturday and it's getting bigger. the jackpot will be an estimated $625 million. that is the fourth biggest payday in powerball history and the odds of winning, let's say 25,000 times more likely to hit a hole in one. but there is always a winner. >> why not us? >> because we don't play. >> i actually bought one last time. $1.6 billion. >> then you didn't win because you are still here. >> i promise that if i win i will take us all out for breakfast. >>> checking the roadways right now, it is busy along the freeway. the earlier crash at coming has cleared out and that is good but the damage is done. backed up to at least highway 4. stop and go through hercules and brake lights into richmond. a litt

. >> williams sonoma up 4% that comps were a slight miss div hike and a buyback >> morgan stanley isshe's too optimistic, haur laur alberts. west elm is great looking. the comp acceleration was good i like the story very much she's a very good executive, continuing to be underestimated by wall street. >> a lot of news in cannabis today and cbd. jim talked to the ceo of cvs. >> as you took at the cbd products, we're going to be carrying them in eight states. we're going to be carrying the topical products only. >> branded by cvs. >> not branded by cvs. we've heard from our customers that have used those products say it's helped with pain relief, with arthritis and other ailments we're going to walk slowly but we think this is something the customers are going to be looking for. >> secular shift >> definitely. when canopy came out they went into hemp. people want this they want it in place of companies like icy hot i don't mean to pick on them because when you go there, there's a whole aisle of things that work for some and don't work for others. they want to put the patch in there. th

williams sonoma beat on the top and bottom line.a new $500 million buyback and 12% dividend hike it's pared some of its gains. >>> we've got more news now on boeing phil lebeau with the latest. >> sara, we knew this was coming the first of the congressional hearings will be next wednesday, according to reuters the senate commerce committee plans to hold a hearing to discuss the certification process for the 737 max. among those expected to be there, the current head of the faa as well as the head of the ntsb no indication who from boeing will be there, whether it's ceo dennis mullen berg or other executives as well but the first hearing on capitol hill expected to begin next wednesday. guys, back to you. >> that's the hearing on whether or not to ground the planes post the recent crashes >> they're going to say it's about the process. it's supposed to be about the process, at least that's the indication from this reuters report >> a dovish statement, initial jump, banks pulled it back down again. >> the reaction after a fed decision

often how you get to a bottom and inexpensive spot i like the semiconductor decent number from williams-sonomare good and some are bad every time you hear there's about to be a trade deal someone else says, wait a second there may not be a trade deal because of all the things the chinese have to do that they won't do i always say that's a bull market somewhere i promise to find it right here for you on "mad money. i'm jim cramer i will see you tomorrow. get ready for 26 models, 26 cases, and infinite possibilities. it's the game where risk, reward, and timing combine for an hour of endless excitement. the only thing tougher than this strong, powerful woman... - that is aggressive. that is very aggressive. announcer: ...may just be these two strong, powerful women. - we're fearless, okay? we are fearless. - you're really good at this, mom. - for real. announcer: tonight... - this is gonna be amazing. - no deal! announcer: ex-marine jade thomas and her mom, cheryl myles... - we are here to bring families together.

. >> international women's day we have a great lineup of guests including the ceo of williams sonomaany other powerful women in finance ♪ ♪ e*trade core portfolios is an easy, automated way to get invested. we'll save you time by building, monitoring and managing a portfolio for you and provide all hands-on deck support when you need it helping you become top dog. ♪ when yowhat do you see?itical issues facing our world, we see breakthrough medicines getting to patients in record time. we see harnessing natural gas unleashing the promise of clean energy. we see engineers simulating the future to improve today. at emerson, when issues become inspiration, focusing core strengths to create a better world isn't just a result, it's a responsibility. emerson. consider it solved. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... sim

construction, whereas the xhb has a lot of retailers in there like home depot and lowe's and william sonomaetter but has more leverage to a recovery in the housing starts. by the way, i know you know the inside guts. one of the top holdsings is "i, robot" so key to the housing market is ihbs >> you buy a new house, you buy a vacuum. >> trying to cast a wide net not that many pure home builders and not that much market cap so they had to pad it out. >> got to look to pad it somehow. mike, thank you. mike santoli. >> papa john's got an upgrade this morning from hold to sell the quote optimistic sentiment comes from a highly engaged board of directors coupled with a brand new spokesperson shaquille o'neal can reverse the declining traffic and ebitda traend we spoke with shaq last week after this big announcement and more on the trend. >> it's a big opportunity. we want to create a culture there now where people are loved, welcomed and accepted we don't want to have any problems listen, peace is fun everybody knows that shaquille o'neal, they know that i'm in the fun business, and we want to ge

women in corporate america and on wall street coming up on "closing bell," including the ceo of williams sonoma women rocking in their fields, and talk jobs as well. great lineup today on "closing bell." all week long, especially today. >> good. i like it. any men at all >> i'll invite you, and let wilfred and mike be there too on the desk >> thank you >> if you deem it appropriate, we trust you, sara >> i will limit their talking time. >> you always do that. >> true. >> "squawk alley" is next. don't miss masa son on uber. his interview with david, the dow cut losses in half if you're turning 65, you're probably learning about medicare and supplemental insurance. medicare is great, but it doesn't cover everything - only about 80% of your part b medicare costs, which means you may have to pay for the rest. that's where medicare supplement insurance comes in: to help pay for some of what medicare doesn't. learn how an aarp medicare supplement insurance plan, insured by united healthcare insurance company might be the right choice for you. a free decision guide is a great place to start. call toda

now william sonoma is up in premarket, they posted strong quarter numbers and guidance from 2019.hat stock in the premarket look at the gain, almost 6% right now. well, switching gears let's talk about this, the trial of former nissan chairman carlos goshn expected to start in september according to japan's public broadcaster, could come on may 23rd as part of the trial preparation, goshn is accused of underreporting salary of nissan by 82 million of over nearly decade, goshn who was finally freed on bail this month, still denies any wrongdoing. then there's this, if you're into powerball, $625 million, nobody won yesterday's drawing, one in 300 million, the next drawing saturday night, i have a better chance of winning powerball than getting ncaa bracket correct. maria: maybe you have to be in it to win it? >> we will try. maria: quick break and the federal reserve is in focus, chairman jay powell yesterday with growth fears are what will bring -- probably no more rate hikes in 2019. closer look at exactly what powell said yesterday about the economy and arnold schwarzenegger is

williams-sonoma raising its dividend, up 3.3%. that's almost $2 higher. the chip maker micron forecasting lower demand but the stock is up 5.5%. i will check that back later. gun stocks. new zealand is banning military style semiautomatic guns. that's over there. over here, gun stocks, no movement whatsoever. how about bmw? luxury car maker, obviously. bombshell from them. they are expecting lower profits this year and they are down again this morning. look at that. they were down yesterday, down 2% today. the other auto makers, they got hit on that bmw news. let me ask you this. would you buy any auto stock at this point? >> not that i want to harp on china but china will produce a million electronic cars this year. they have laws that are pushing their consumers into them and i think it's going to be one of the few pockets of strength. stuart: so give me an electric car maker you like that does business in china. >> you got me now. look, global auto production peaked out in 2017. we saw similarly down news out of mercedes a few weeks ago. as we saw out

william sonoma earned $2 .10 a share beating the consensus estimate, which was $1.96.o above the house retail went to 48 cents a share. dovishness which financial th'somg up in th next half hour. >>> welcome back you're watching "squawk box" live from the nasdaq market site in times square. good morning among the stories front and center levi strauss goes public today after its initial offering was priced at $17 a share. that was above the expected range, which was $14 to $16. it values the company at $6.6 million. it will be fun to see if it's a strong open. that could be the case the "wall street journal" will be part of apple's planned subscription news service, but the "new york times" and the washington post will not, and that is according to the times it says that apple has been asking publishers for about half the subscription revenue that the service generates. treasury secretary steven mnuchin will visit china next week they're going to lead a trade delegation in the next round of trade negotiations. a light saber sound. those will be the -- those will be the