Americans are open for business and we are competitive once again. Thats the president making his case for u. S. Economic growth at the World Economic forum. Good friday morning, welcome to squawk on the street. I am Carl Quintanilla and jim cramer and david faber well have more on trade, the dollar and International Cooperation and we still have earnings to get to starbucks and intel both moving in different directions. The ceo of starbucks is also coming up with us a the president just finished at the World Economic forum in davos. He emphasized the new trade stance in his administration the United States will never turn an eye on economic planning these and other behaviors are harming businesses and destroying the Global Markets and harming businesses and workers around the globe went onto call regulations still taxation and talked about how it has been around the world. Americas first is not america alone. Look, i think that he made a great sales pitch for america. I think thats no
Abigail doolittle is here to tell us what is moving. Abigail we have nice gains for the major averages, and for the doubt, another record high. We dont have that you can that yet, at least for the s p 500 and nasdaq. Interesting if we see more of the volatility we have had the last two days from where the s p 500 and the nasdaq have woven into small declines. The day is young, but the bulls are out. We have weekly gains once again. Lets hop into the bloomberg and look at g btv 6636. We have all the gains so far in 2018, and not surprisingly, that has led to the best month of the s p 500 of 6. 6 since march 2016. That was the big rebound after the correction we saw earlier in the year. Pretty bullish action for stocks. Hoping today some earnings winners. Lets look at the likes of intel, among other stocks. Intel trading higher, and its highest level since 2000. They also offered an optimistic avi, thea drugmaker, up 6. 6 but 8. 6 . And we have a report out where companies are beating th