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Transcripts For CNBC Squawk On The Street 20150506

Road map this morning, the markets coming off a weak day especially for the nasdaq but pointing to a higher open. Adp does miss. An 8 billion deal in bio tech. Its market value more than doubling this morning and were going to have more on sales for us and that continued speculation. And looking ahead to earnings from tesla and alibaba sliding to an all time low. First up data from adp shows they added only 169,000 jobs in april. Meantime, Oil Prices Continue to rise. Wti topping 62 sense since the first time in december. Once again, cant hold 2,100 although, i think youre probably interested in the bio tech stuff today. What can i say. These companies, you look at the variations and its a look at the actual market. I got labor running too hot. Oil going up way too fast for this market. Over the last week a lot of money being lost in bonds world wide. 400 billion. Not a good set up. Not a good set up. Madp 169. The estimate was 64 k. This is tempting. Is that what they said . Sometimes

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