Here. Good morning. Maria you have gdp, adp, alphabet of numbers and economy that is front and center in the 2020 election, right, lee . Question, theres no question about it, a lot of people are talk how its giving the president so much cover right now with everything that is going on, the democrats have to be careful how they treat this because this is an issue that the American People find dear to their hearts, a lot of Economic Data in favor of the president. Maria if theres one person thats coming across as well as anybody opposite the president would be Tulsi Gabbard and i know that youre a big supporter of Tulsi Gabbard, omid, does she look at the economy as driving force, is that part of her platform as well . Theres no doubt about it. The way she gets there is difference, start with foreign policy, we wasted 6 trillion over 18 years on regime change wars, we have a trillion dollar deficit, but 6 times that have gone to wars have havent made us safer, what can we do with money
Few minutes ago. Lets get to Jackie Deangelis kat the commodities desk. The drawdown crude inventory was 6. 4 million barrels. Both numbers were steeper than expectations. The gasoline drawdown almost 3 million barrels. Thats adding to the boost youre seeing as well. Crew traders are watching for trumps announcement on climate change. Maybe some of the regulations will roll back and it will be good for the drills are in the country. A little bit of mixed circumstances taking us higher today. Big story to watch today. Thank you, jackie. Some of the top names in media taking the stage at code last night including Sheri Redstone and time warners tom bewkes. Take a listen. You have a joining set of b subscribers with different bundles. Thats where we see it. Well have to see how the new parts of the media or the video infrastructure, whether they mitigate the loss from the old infrastructure. And for more we are joined now by founder and chairman of the Case Foundation and krp eo of revolu
Thoughtful about, but i benefit massively from our benefit team. You cant do anything alone. That continues to prove out every single every single industry and every single role. I just have the best teams on the planet. Meantime, match group over at the nasdaq today going public. Shares in the green as well. About 13 gain after pricing at the low end of the range. With more on square, lets bring back swrak steinberg and a cnbc contributor. A net positive for the tech community, for the ipo community. Yeah, i think when you see the two ipos in concert, both 3 billion dpz companies, both trading at Single Digits of revenue, this is the new norm. Most companies will now adjust the private rounds. I think the given where these two were at, they both kind of thread the needle and made the best of the situation. Its interesting, though, to hear the anecdote from behind the scenes, how they not the book, what investors were saying, john. Sources were telling me that it was really the mutual
Stocks soaring yesterday on all of this news about a potential deal out of washington. Yesterday, the market was up by better than 2 . A gain of 323 points for the dow. Thats one of the best market days all year. The futures this morning after that big rally are actually, believe it or not, indicated slightly higher. Barely up there, but you did see a downturn earlier in the futures that turned around after it looked like a deal was at least a very good possibility. As for the publics opinion on the whole situation, americans are saying fire them all. Theres a new nbc news wall street journal poll that finds the majority wants to toss out the entire congress. Just 14 say the nation is headed in the right direction. Thats about 0. 5 of who felt that way just a month ago. 78 call the country on the wrong track. That tells you a little bit about how bad things got in the last couple of weeks and that might tell you why the two sides sound more willing to negotiate. John harwood is going t
Lifetimes. Market with little changed coming off the massive rally in the secret meeting off the fed. It says its just misunderstood. Daytime at ebay. Carl icahn drops his campaign to split the company in two. Gets a new board member. The biggest ipo of 2014 finally prices the low end of the range. Is this the top of the ipo way . The ceo will join us. Walmart goes all in for organic while other retailers report negative news. Can you blame it all on the weather . First up, though, just what the doctor ordered for the bulls. All three major stock indices each rose more than 1 in yesterdays session after minutes from last months fed policy meeting indicated the central bank may not raise Interest Rates any time soon. One of the socalled momentum stocks was the biggest gainer on the s p. Facebook up 7. 5 . We watched that thing climb all day, jim. A lot of talk about how many growth guys are actually just taking refuge in fb. Yeah. The Analyst Coverage started with jordan rohan. Youve go