European trading resumes on monday. Our road map begins with the market. Stocks looking for new highs a day after the dow closed above that 18,000 mark. Plus, on second thought, never mind. Sony changing course and letting select theaters show the interview after all. Now were waiting for the next big news, where you can watch it online. And uber overseas expansion taking another hit this morning. Why the ceo may not want to head to south korea any time soon. But first up, you saw it here yesterday on squawk on the street. The dow hitting 18,000 for the first time ever. Blue chips and the s p each going on to post alltime closing highs. One full quarter of the s p hit new 52week highs yesterday. 125 names, jim, although people still talking about the russells nonconfirmation, the nasdaq, which for the first time in several years is in danger of underperforming the s p. Well, you know what, it should. The run in the nasdaq is something that distinguishing this market from are the 1999 f
Those greek elections. Well talk futures, oil, the euro all bouncing off overnight lows. Americas largest home builder up more than 6 that is the stock and the premarket. And Apple Earnings on deck a report that apple sales in china exceed those in the u. S. Plus is apple pay at a Tipping Point . More on those stories in a few moments. First up though lets talk about these markets. Obviously a lot of people wondered what this morning would look like after the greek elections. The serisa party taking two seats short of an outright majority, but looks like they are going to have a working coalition partner. Are you impressed that europes not in the red . I think that the partner might be this greek far right wing. I know yes. And i feel that what this says to germany once again is look, this is the future. Unless you get it right, youre going to see extremism in these countries, which is making it so that draghi won last week in terms of qe. Now we see this. It just seems like everything
The deadline is this week. And the tenyear personal spending was below expectations and the savings rate up yet again. Our road map a trio of multibilliondollar pharma deals. Were going to break them all down for you. Tim cook penning an oped against indianas religious freedom law. While the ceo of angies list explains his halting of expansion in the state. Ford reviving the iconic Lincoln Continental, and we will start to ceo mark fields live in just a few moments. Stock futures up after a chinese central stock bank owner said he saw more room. About 12. 8 billion in cash. And then of course the personal income rose. 4 but spending was up a weaker than expected. 1. You were talking about these deals with joe back at hq. A bunch of deals this morning. I think whats worth watching is how much the acquirer is going to go up. You have a deal like horizon had them on mad money because of their tax status. Its a terrific deal. An orphan drug. They tend not to go into orphan drugs, but thats
Lawrence lindsay saying we could see a bond market tantrum if janet yellen and the fed dont raise Interest Rates. A new Study Finds Companies may be buying back stock at a record pace. However, corporate insiders are not. Thats interesting. Coming up well discuss whether thats a sign that executives believe stocks are starting to become too expensive right now. Watching the insider trade. Heres what we see, right now with an hour to go the dow is up 16 points. Buffeted by earnings today. The s p adding about 4 points. Nasdaq up 19 bill as we continue to get the pulse of the u. S. Consumer today. Lets get to whats going on in the world today in the world of finance. Our Closing Bell Exchange with some of our favorite people Jack Bouroudjian, Keith Fitzgerald from moneymorning. Com. Susan fulton from fbb Capital Partners and our own Rick Santelli. Rick, ill start with you because the markets response is interesting, maybe instructive. After the minutes came out, nothing happened. And in
Live from new york where business never sleeps, this is quarterback. Squawk box. If you can get mork and mindy from happy days, theres something to be done there for sure. Good morning. Welcome to squawk box on cnbc. Im Michelle Carusocabrera along with joe kernen and Steve Leisman. Stock market is closed today for good friday but there will be some trading. Equity futures will be open until 9 15 a. M. Eastern time and you can change on globe x until 11 15 a. M. Brent crude is trading. As for the jobs report forecasters say the economy likely added 248,000 jobs last month. The Unemployment Rate is seen as Holding Steady at 5. 5 and hourly average earnings expected to rise. 2 . So the Labor Department works on good friday. I think a portion does. Here are the other stories were watching at this hour. Iran, the u. S. And other world powers reaching a deal on a framework to curb tehrans nuclear program. This comes after eight days of marathon talks in switzerland. Details to be worked out