A News Conference is scheduled, a standoff with mexico looming. Plus, its a busy day for earnings. We have alphabet, microsoft, intel, all moving in the premarket. And as weve mentioned starbucks Howard Schultz joins us this hour with his companys earnings and a lot more. First up though, another busy day on tap for the president one week after his inauguration. Trade will be among the big issues on the table when he meets with uk Prime Minister may at the white house. Their joint News Conference slated for 1 00 p. M. Eastern time. Still a lot of buzz surrounding the mexican president canceling that meeting with President Trump scheduled for next week insisting that mexico would not pay for a border wall. Within the last hour the president tweeting, mexicos taken advantage of the u. S. For long enough. Massive trade deficits, little help on the very weak border, must change now. Former mexican president fox on with the guys with squawk this morning saying we dont worry about trade. Wev
Classes for you. Futures in the United States, the s p 500 on a three day losing streak. Look at the euro. 1. 08. The politics, the risk diminishes a little bit. A confluence of different pressures taking us there. Alix part of that has to deal with the new pressures. The pound, look at that, 1. 24. That is up 0. 8 . Gold is going nowhere. It is treading water. Crude oil is up about 0. 6 . Jonathan we start with the French National debate last. Macron and le pen coming out on top. Our Deputy Europe chief covers french politics joining us now. Lets start with macron. Where did he strike his blows . I would caution you on saying this is an actual win for him. He went into this as a potential frontrunner, tied with le pen. What he needed to do was maintain that position. It is fair not to say that he maintained that position. Two polls since the debate last peoplehow that 29 of thought macron did best in the debate. That is better than anybody else. That is a good thing. He probably conso
Good friday morning. Welcome to squawk alley. Im kaylee towshe. Rick santelli joins us as well. Carl quintanilla has the morning off. Executive editor kara swisher. Good morning to you too. How you doing . Im in d. C. , actually. All right. Lets get to our top story today. I think well work on karas audio there. Shares of microsoft at alltime highs this morning for the First Time Since 1999, the company beating the street on the top and bottom lines and showing Significant Growth if the cloud. Former microsoft ceo Steve Ballmer joining our friend op squawk box talking about the stellar quarter and a potential acquisition of twitter. I have never, ever, ever wanted to buy twitter myself. I mean, come on. Ive got a good life right now. I dont need to do that. Of course, mike, they asked the question because he is a large twitter shareholder, not just an outside tech observer. Interestingly on microsoft this morning, people are joking that it only took 17 years to get yours. If you were h
There is nothing wrong with them. David co and they have the capacity to borrow. Vonnie yes, and lets make it clear. They are the third to have cut this. Jonathan this as brent climbs to be fourmonth high. Lets check in on the markets. Futures are positive ahead of the open. The ftse up around two points, there is a story on the luxury goods in there. If you switch up the board quickly, the dollaryen, a sevenday losing streak. Can we break that . Up. 5 inflation as a 15 month high. And april it skews the number a little bit. We will get to that. There it is on the screen. 7 and brent crude making a fourmonth high. We have lots of news to get to. Lets get to david with the first word news. Both menosecutors say involved in the brussels bombings were involved in renting apartment. 16 victims died in the attack 16d suicide bombers killed others at the airport. Forces in syria are working on the strategic Hilltop Village. The area has been held by groups opposed to the government since 201
Double over the past two years. And tyler will introduce you to him. We have all that and more tonight on nightly Business Report for wednesday, january 15th. Good evening, tyler will be along later. Well, stocks are on a roll. Another tripledigit gain today for the dow blue chips and the s p 500 and the dow transportation index all rose to fresh alltime highs. And the nasdaq closed at its highest level in more than 13 years. It looks like stocks have shaken off the stumbling start to the new year. They got a big lift this morning, from bank of america earnings. The banks profits shot up eightfold from a year ago. Also helping . A big surprise boost in manufacturing and a World Bank Forecast calling for a stronger Growth Outlook not only for the u. S. , but the Global Economy as well. On wall street today, the dow jumped 108 points, the nasdaq was up 31 and the s p added nine points. John manly joins us, chief equity strategist at wells fargo funds management. John, is this really a tu