Nasdaq is poised to make history. The index poised to make gains for 11 of the 12 months this year for the First Time Ever some of the stocks leading the charge, well, you know them well dont you, of course, when were looking at some of them there. These you dont know at all. Align technology, vertex mercadolibre, whats that mean, free books, free something free markets not the typical names that we see. Those are the percentage winners, the ones that essentially doubled this year. If its one that stands out, its wynn. Its not a Bio Tech Company that, obviously, had an amazing run. In terms of who added the most market value this year, of course, those familiar names like the f. A. N. G. Stocks, apple, as well. Alibaba up 96 this year. We were talking earlier in the show on squawk on the street, of course, about the increase of market value at a 440 billion value. Interesting, tech sector almost 24 for the s p average waiting for the past ten years, 19. 6 that speaks to the rally weve
Coffers were looking at politics in the u. S. Firmly. This is what the data is telling us, you can see stocks in Europe Holding high. A global rally pretty much saying the same as yesterday. It did pick up speed a little bit. Concernedares were about what is happening in north korea with the artillery drills but that also did little to ruffle financial feathers. Gold down a touch as well. Riskonn the mood mood. Donald trump calling for tax cuts to individuals and lowering the corporate rate 15 . From plans to make public the broader lines of what he plans to change in the tax code with details left until late in the negotiations among officials from the treasury. Stepping downis as head of the National Front party in order to be the candidate for all of the french people. Facesve comes as she centrist Emmanuel Macron on may 7 in a battle between nationalism and globalism. Norons candidate says he is clear policies, he would be here for you are good for europe. In other of unsold london
Will cover all the commodities. Caroline hyde in paris on a warning by the oecd, and Ryan Chilcote in vienna previewing the opec meeting. We begin in asia where Prime Minister shinzo abe has decided to postpone an increase to the sales tax. Delayed once, it is twice, and i am wondering if we will ever get it. Enda i think it just shows you how nervous the outlook is for japans economy. Japan has the biggest debt burden and they have been trying crying out for the government to do more to tackle debt. Minister day has had to step back again and surrender and say, we need to do more spending and try and get growth going. The economy keeps flirting between contraction and expansion. It is also interesting in terms of what it needs means for the bank of japan. We have already seen the reaction, a big gain in the end today as it takes pressure off Central Banks in the yen today as it takes pressure of signature banks. It shows you that japans economy remains on quite narrow footing. The dol
The First Quarter of the next year but this time may be different and well talk about why coming up here. Plus retail reality check. Jcpenney, the latest Department Store stock for a pop this earnings season and the government retail numbers less than expected. Well dig deeper into what is going on with the u. S. Consumer right now. So herky jerky. First, there were major problems for delta as we know this week with thousands of Flights Canceled. Now, another airline experiencing turbulence. Literally this time. 24 passengers needed medical treatment because of it. We have details and the fallout for the Airline Industry coming up. That is a nightmare story. Hillary clinton releasing her 2015 tax returns today. Trying to pressure donald trump to release his tax documents, but will it make a difference . Thats coming up, as well. A lot to get to. Lets start with the market moves today. Stocks pulling back just a bit of yesterdays record close. Bob pisani behind us looking at the financi
We read the tea leaves on the data thats driving down the market this morning. Cbs and time warner are on the move both after reporting earnings. Were going to dig into those quarters. Well also talk to cbss chief executive. Tim cook calling the u. S. Government dysfunctional on mad money with jim. Well hear from the apple ceo and dig in on what last nights primary results may mean. Stocks are poised to open lower a day after falling to their lowest levels in three weeks amid concerns about slowing economic growth. Speaking of the economy, data from adp shows the private sector added 156,000 jobs in april, that is below consensus and marks the smallest increase in three years. 156, we were looking for 196. And everybody wants to know, jim, what this might mean for friday. Yeah. I think that were back into a mode which says this roving bull market that weve had in cyclicals maybe give that a break. Go back into the clorox market. Remember, it is just bull, bear, bull, bear, we rotated o