Street really is power lunch starts right now and we do welcome you to power lunch. Im bill griffeth, were going to look at where the markets have been standing today we have been in rally mode for the most part, but as we all know from last weeks epic volatility, things can change very rapidly with any particular headline, but as you see, more than 1 gains for all three of the major averages nasdaqs wiping out last weeks losses at this point the s p, thats still 3 from record highs but you can see that some of the safety sectors have been hitting alltime highs today as bond yields rebound we have Consumer Staples, real estate, and utilities doing very well today that means theyre expecting even lower Interest Rates. I would imagine, melissa bill, thanks. As you mentioned, stocks rebounding bond yields also bouncing bab. Whats behind these moves . Lets get to bob pisani at the new york stock exchange. Important thing here, its been quite a rally in the last couple days. Look at some of
Social security is my lifeline. Is my lifeline to remaining an independent person and being able to live my life, happily. Those of us who have worked all our lives and paid into Social Security expect Social Security to be there because we paid into it. Not a gift. We earned it. Its Household Finances and it goes into the checkbook and its use for every day Living Expenses. It will have a Significant Impact on our life because we want to run her house and does well is to do other things in retirement. That would be a serious cut in our income. Please welcome are chief executive officer joanne jenkins. [applause] cemented morning and welcome to this bipartisan discussion about the future of Social Security. We are honored today to hear from to congressional leaders who have put forth ideas to save and protect Social Security. Republican senator dell cassidy from louisiana and democratic congressman john lawson who represents the First District of connecticut. As a lookout over this roo
Blade runners disappointing response this weekend. Look at amc down 7 , and regal down 4. 5 . Only did 31 million over the weekend, they were expecting double, more than that well talk about that. And a massive unity rally being held in sfan this weekend. Were going to look at what this all means for the countrys relationship with catalonia and its place in the European Union. Former head of the European Central bank, jeanclaude trichet, himself, will join us is a cnbc exclusive coming up looking forward to that very mump. First, Goldman Sachs out with a new note saying tax enthusiasm will outweigh an earnings slowdown this quarter a feud between President Trump and a key republican senator could put tax reform in jeopardy cnbcs editor at large john harwood has the details. Let me put it in a bigger picture. The feud with bob corker is one of many challenges facing this tax bill first of all, it doesnt help to antagonize the Committee Chairman as the president did over the weekend and
But we begin this morning with a look at todays eye opener, your world in 90 seconds. I hear he had a good reputation. I think its more than a little curious that it appears that the president is trying to change the topic. The president nominates a new fbi director. Just 24 hours ahead of the testimony of former director comey. Its possible trump is going to be sitting there live tweeting this event. It seems like its the super bowl in washington. Every time you tweet, it makes it harder on all of us who are trying to help you. Dont get in the way of an investigation that could clear you. Russian hackers may be behind the diplomatic crisis between qatar and other key u. S. Allies in the persian gulf. In a controversial tweet, President Trump appeared to take credit for the crisis. Deadly attacks in the capital in iran. The first in Irans Parliament, the second at the sloo shrine. The woman accused of leaking nsa documents once called President Trump an orange fascist on twitter. Prose
Winner, is scared they would make her disappear. But we begin this morning with todays eye opener, your world in 90 seconds. What message do you have for james comey ahead of his testimony. I wish him well. Thank you, everybody. Washington braces for comeys testimony. Its possible trump is going to be sitting there live tweeting this event. It seems like its the super bowl in washington. Every time you tweet, it makes it harder on all of us trying to help you. Dont get in the way of an investigation that could clear you. Russian and the diplomatic crisis between qatar and others in the persian gulf. President trump appeared to take credit for the crisis. Whats your response to the president of the united states. It speaks for itself. Deadly attacks if the capital of iran. Of course, the iran parliament, the second at the khamenei shrine. She once called him an orange fascist on twitter. What she told me was that she was terrified. She was afraid they were going to make her disappear. P