Criticism and says he will finish the job. Jay powell is losing patience rallied for at third day while the dollar fell. Asian markets looks set to ask and the gains. Facebook aims to liberalize International Payments with a new digital coin. We hear from Sheryl Sandberg. As we look at the market close in the u. S. , the bond market is where we saw so much action. Looking to the two year treasury note, reflecting jay powell and the individual forecast showing whether they expect to hold her cut rates confirmed what markets have been betting on. The 2year note had a drop of 12 basis points. That is a big move for a piece of paper. Stocks pretty much expecting the fed would be somewhat dovish. You can see some nice gains across the board. The s p 500 near an alltime high. Futures ago the reporting a little bit negative. Look at this green, seems to be growing by the moment. Im wondering, as you look at the asian markets, are we starting to see this optimism . Sophie we are ready to track
Good friday morning. Welcome to squawk alley. Im Carl Quintanilla dow is at 44 the Trump Administration gearing up for a major push on tax reform as you probably know. Chief economic adviser gary cohn giving a wide ranging interview to the Financial Times saying the president will start being on the road making major reasons to justify the reform. U. S. Managing editor for the Financial Times is here. Good to have you with us great to be here. A lot to unpack in this interview. Im curious to know what you consider to be the lead at this moment two keys. One key is obviously grabbing a lot of attention in the american political world is the fact that gary cohn has made it very clear that he disapproves of what the president said about the bill. Hes wrestled with his conscience about staying in his person or not. But as a jewish person he doesnt want to be pushed out neonazis chanting jews shouldnt replay us. But were interested as a Financial Times this new push on tax the fact that the
Rising. We are not getting the volume yet. I am looking at the volumes, 4 below the 10day average. A surge at thee close with the expectations of futures contracts. The s p of one half of 1 . The dow is leading in percentage terms, up 6 10 of 1 helped by nike and United Health, the biggest contributors to the game after nike announced a 2for1 stock split and a buyback. Theyre bouncing back after yesterdays decline that it may pull back from its Affordable Care act coverage exposure. It was ae analyst say buying opportunity. Susquehanna says they do not think this will be a material event for united house. The dow is turning positive for the year to date. Not by very much, just of a 100ths of ajust 8 percent. We have positive numbers from retailers. It seems like it is give and take. Somethingre might be said for people coming in because they are so battered. The outside gains may be because they have been down so much. Abercrombie is showing evidence that its turnaround is finally star