Stocks started out the week, well, on a down note. Nicole it was pretty unbelievable we have had a lot of volatility recently. Today the index is up about 2 . That is a loss of one third of 1 . The s p a loss of eight quarter of 1 . The tech heavy nasdaq has an up arrow. Fractionally higher. We are keeping an eye on so many names. We will hear our first, formally known as Humphrey Hawkins on the dow having an upgrade. Connell president obama is hosting the french president. This comes as some economists are saying that the United States is in danger of becoming more like france when it comes to our economy. Dagen peter barnes is at the white house to explain. The organization of economic collects all of the data. It looks that social expenditures. In 2013, it found that france spent an estimated 33 of its gdp on these kinds of programs. The u. S. About 20 . The oecd average about 22 . The u. S. Has been moving up. That 20 in 2013 ranked it 23rd among developed nations in this kind of s
Stock of the day, groupon, the company posting a loss. Just heard jim cramer talking about it the company reveal it had began to take a smaller cut of the revenues on daily deals during the holidays. It sacrificed revenue and profit to attract and keep merchants. All right. We will show you what just one quick thing, what these guys in the back do when they have Nothing Better to do. They put me they put leaseman into my hair. If anybodyist th if anybody thinks leaseman should get hair dont you think . I like people the way they are. Dont change. Dont change. Stay golden, ponyboy. Do not do the ron insana. Keep it off. Make sure you join us tomorrow. Squawk on the street is next. That was an image could i do without. Im carl quintanilla, melissa lee, jim cramer, david faber. We begin 89 points from the alltime closing high. Just this side of positive and chicago pmi on the way. Europe has gains this morning. Tokyo rebounded along with the rest of asia. China pmi is out tonight. Our roa
Myself. And new details from those close to james comey. The phone call he received from trump and how he tried desperately to avoid this moment with the president. The hug is entirely onesided and comey was just completely disgusted. Plus, go for joe, the president could announce a new fbi director this morning. Former democratic senator Joe Lieberman, now leading the pack. I think he would be a good choice. I think its a mistake to nominate anyone who has ever run for office. We begin today with the president just hours away from embarking on his first foreign trip. It is the president s major opportunity to put some distance between himself and the relentless wave of rough headlines here at home. We got a great team this morning to break all of this news down and i want to take you first to nbcs Peter Alexander live at the white house. Peter, we know that the president met with his lawyers about this new special counsel and hes also talking about it. What can you tell us . Yeah, ste