Makes him so bullish. This name just delivered a strong quarter, strong guidance, the stock is up 3 , but its a crowded space. The closest competitor just entered the public market. The ceo is not worried, not pulling any punches, either. Hell join us live ahead. We begin with the markets with dom chu. Its red and getting worse. Were just near session lows right now, and the dow industrials, that means a 414 point decline, 1 to the downside. 37,971. The broader based s p 500, 5,065 the last trade there, down about 1 , as well. And to give you perspective, at the highs, were down 353 53 poi at the low. The nasdaq, down about a percent or so, 15,798. Big technology trade, amazon is going to be the big focus because the earnings report. Were putting a big circle around that 1 decline around amazon shares. But broadly speaking, big technology, microsoft down 1. 75 . Apple, the standout to the upside, its up 0. 1 . Nvidia down 1 . Alphabet down 1 , as well. So that Mega Cap Technology trade
Maria good friday morning. Thank you so much for joining us this morning unite maria bartiromo. Friday april 26, adm on the east coast. I hope you have a good friday morning. The Supreme Court open to granting some level of immunity to protect over President Trump from prosecution and a civil fraud trial. And the hush money case. Trump praising the highest court yesterday. Watch. I think it was made clear and i hope it was made clear the president has to have immunity. You dont have a president or at most you can say a ceremonial president , that is not what the founders had in mind when the justices were on their game, president ial immunity is imperative for you practically want have a country anymore. Maria this on the heels of the initial arguments that we heard yesterday. The scotus warning that the Supreme Court is seen a dangerous precedent in trumps case if president can prosecute their political rivals. The president may be criminally prosecuted by a bitter political opponent.
Charge power lunch starts right now well, it might be a new week but its the same old good news story for your stocks. Modest gains and enough earlier for all three major averages to make more new highs. The nasdaq, if it finishes up, will be up for a fifth straight session. Crude oil down 2 . Wow, bitcoin, it continues its record run its above 9500. Its inching closer to 10,000. Check this out it took just seven days for bitcoin to go from 8,000 to 9,000. Its up 900 this year were going to drill down more later in the show. Thank you very much welcome, everybody im Tyler Mathisen we begin with washingtons big week now its the senates turn senator rand paul today says he will vote for it five influential republican senators meet with the president right now. Eamon javers is outside of the white house. Reporter tyler, we believe that meeting is a lunch and we believe the lunch is going on right now at the white house take a look at the senators scheduled to be here for the lunch. Some k
The senate floor republicans making lastminute changes to the tax bill before voting begins, and its 11 00 a. M. Here on wall street squawk alley is live good morning, welcome to squawk alley. David faber, Morgan Brennan joining me here this morning carl and sara have the morning off. All right, lets get to the markets this morning kind of a mixed morning for the major averages, following yesterdays recordsetting session which saw the dow break through 24,000 for the First Time Ever on its first daily performance since early march. The nasdaq the only one of the major averages that is in the red right now. The s p had been down most of the session, but recently went into the green beneficiaries of tax reform, certainly, a part of that. Joined right now by brian beltski, as well as Portfolio Manager tony crisenzi. First, a lot of whats been driving the markets is, what i said, expectations we will get a vote on tax reform and it may be one that passes the senate lets get to you monitori
Were they up, you ask . Lets take a look. Yes, spain and italy, i always like to see the ftse over in the uk, wilfrieds home, the only one that is up this morning. The big outperformer this month as well. Playing catchup for the year more than any other specific factors. But its been a good month the rest kind of flat for the month. Lets take a look at the tenyear yield and of course, oil Oil Important yesterday. Having climbed above that 60 mark for wti you can see its slightly below. Lets call it not much of a move this morning, flat or so and 2. 42 on the tenyear note yield. Lets get to our road map this morning. In it, it does start with those two trading days that are left for the year u. S. Futures are pointing to a higher open, buoyed by gains in the utility and real estate sector and the cryptocurrency tumbling after new regulation talk in south korea. And its the year of the global ipo, 2017 saw the most Companies Going public since the financial crisis a lot of them right her