Early investor will join us to talk air bnb power lunch starts right now the markets are at all time highs. Usually means great things on wall street but means much worse on main street these days. Well get to Steve Liesman for more on that lets start with bob on the market the low print was at the open were 25 points above that its the same pattern that we have seen for a while now. That is Technology Leading and consumer discretionary, amazon mostly, pushing the market to be upside industrials, energy and banks and energy has been on a downtrend for the last six or seven trading sessions and so have bank stocks they had a brief rally about two weeks ago. They have been down on trend for the last six or seven trading days i mentioned the ten new highs but were at new highs its because the megacaps continue to move the market forward. You get the big five moving up that pushes the market up even if the rest of the market is down semikwuk semiconduct iors are down trending we have nvidi
Out of congress as opposed to just these executive orders from the president that are taking quite a bit of heat over the weekend. Yeah, look, david, i think that there is a sense initially that it was a white house grab and it kind of went through the weekend, there was a recognition that, wait a second, maybe it is a grab if youre going to give 400, 100 has to come from the states and many of the states including red states are in trouble. The thing that is most compounding people is that 12 of the people who make 80 to 100,000 get this bizarre payroll tax cut when the problem is not the people employed but the people who are unemployed. I think that its arer so counterintuitive our old friend larry kudlow always believed in that. We have secretary mnuchin right now, which is terrific lets do it lets do it. Go ahead, jim. Mr. Secretary, always good to see you on squawk on the street. We get a little bargaining done on the show. How have you been . Good morning. How are you . Im doing
Sharing demand, david, and today grocery delivery. Yeah, thats what we will be talking to him about of course, was it their second choice is certainly a question we will want to explore and when will the company get to cash flow positive. Remember prior to the pandemic, carl, there had been some important promises made by uber in terms of when they were actually going to get to that point and then of course its all had to change as a result of what theyve seen in their core business which we also will talk about as well. As we take a look, mike, as a market that is going to at least open lower, although certainly unclear whether that will hold incredible momentum yesterday and some of these names, i mean, that we talk about so often, but just this morning, looking at the market caps of amazon at over 1. 5 trillion or tesla at 254 billion it really is quite something. It is, and those are the names, thats the area of the market called secular growth, you know, call it, you know, actuall
To oil, but again, we are at 63. 18. Boeing, on some concerns it might need to issue more debt because of the next prices, is down 0. 8 . And seeok at europe where we are on the stoxx 600. Not many groups are higher in europe, and among them, probably the defense names. We are seeing travel and leisure on higher oilit prices and increased geopolitical tensions. Below rightd dollar now the high of the day. Lets get right to the latest from washington following president trumps decision to kill iraqs top general. Irans top general. The funeral is ongoing in iran. What are the nsa advisors to the president telling the president today . Kevin good morning. Iran saying that they would be a disproportionate response, and saying that the u. S. And allies are on full response. They say they feel iran has behaved with an expansionary Foreign Policy that is a nonstarter for them, particularly given the threat of additional sanctions that have been placed on iran as part of their maximum economic
By the way, you cant be in the kitchen without a hat, well, command the chef, what should we do, first, wash your hands well, im glad that were all gathered at this amazing table, brunch or an early lunch it doesnt matter, the important thing is that i want to say the most important words in my life, dad, mom, its good that you came, come on, come on, come on katya, honey, surprise me. The best thing is, i want to live my whole life with you, raise children with you and grow old with you, you agree to be mine, the most real. The most beloved, most beautiful wife, spirited, oh, oh, hello, live news from the studio oksana kuvaeva, the main thing for this hour. Arsenals, military airfields, Equipment Security sites, and militant locations were hit. Results of a massive attack on the military infrastructure of ukraine. Aeroflot will extend flat Tariff Program for the twenty fourth year. The head of the countrys largest air carrier told the president about plans for the results of work for