Any new stimulus in sight. And that tiktok trade, you cant really trade it, can you, because its not a public company, but bytedance is formally seeking chinas approval for a deal with oracle and walmart, those are two publiclytraded companies. Yes, they are, jim lets talk markets lets start with that. You know, its funny, i dont know what you make of the pull back today, to the extent we are going to have one or what weve been seeing in apple lately. I keep wondering coming back to that softbank option purchase that we kind of we talked about it for a day or two and then we moved on. Right. You know, a number of people have come back on it with me, jim, and sort of said maybe it had a bigger impact than we realized in terms of the run up of some of these names. It did jack the market up in 1999 fashion which, you know, you know, led to 20002001 which was a disaster and it was frankly unnatural other than zoom almost every one of those stocks that they took up have been crushed apple t
Striking distance, stocks are on track for what would be well see, the first loss in four sessions, but really cant get much of anything out of the future moves right now plus, deal or no deal, tmobile sprint battle heads to court. 13 state attorneys general led by, of course, california and new york are seeking to block that merger. And it is an m a monday, we have two big premium deals in biotech, sanofi and merck. Im going to get to that jim does too stock picking so important there in terms of figuring out where those premiums are going to end up stocks overall set to look for a modest open this morning, this after fridays jobs report rally. That resulted in the s p erasing its losses for last week trade once again in focus here, heard jim talking about it on squawk box. The next round of u. S. Tariffs against chinese goods set to go into effect, this sunday so we are now counting down. And new data Shows Chinese exports to the u. S. Fell 23 in november i dont know how much more th
Awaiting janet yellen at 2 00. Plus, trump versus the house gop or not, two days until the inauguration and the president elect now suggesting that the border tax could be back. Trouble at target, Retail Stocks moving lower after target cuts its outlook on weak holiday sales. But stocks are looking to rebound one day after the dow and nasdaq each posted their lowest closes of the new year. Wall street digesting Bank Earnings today, citi beats on bottom line but misses on revenue, goldman exceeds consensus estimates. Stay tuned for exclusives with Goldman Lloyd blankfein and j. P. Morgan jamie dimon. Thats coming up later today on squawk on the street. Jim, you tweeted earlier today nothing is good enough mode on the fins. Yeah, look, these stocks ran a great deal and i thought the goldman quarter was exceptional. My travel strus owns this next one, if you adjust revenue for citi for international because they have a Huge International business, if you adjust for the dollar turns out th
We are looking at records, stock coming off of a record yesterday and we begin there once again. Dow, nasdaq, s p 500 even the index closing at new highs yesterday. Take a look. We are looking at the rally continue with another gain this morning of about 88 points, the dow likely to hit 19,000 level right at the opening of trade this morning. Oil prices this morning extending yesterdays gains, take a look. Oil now up and a quarter percent up to 48. 86 on crude, 49. 68 on brent crude, Global Markets on the rise as well. Ftse up 1 right now. The others up between twothirds and three quarters of one percent. That really is looking at the mining stocks among top performers in euro zone this morning. You will see nikkei up and hang seng in hong kong up one and a half percent. A Deadly School bus crash to report in tennessee. The driver has been charged after six people have been killed including five children. Authorities are looking at the speed of the bus as a factor, details coming up as
The warning one coach has to any player who choses to sit out the national anthem. Lets check markets today as we await a whole host of Economic Data this week. Futures expected to show a market thats opening fractionally lower this morning. Check out performance in europe right now. Stocks moving between gains and losses, investors on somewhat of an edge after european decision. In asian overnight market ange, fractional move in all of the above. At first you dont succeed, try again. Sony raising offer to daniel craig to return to the Silver Screen as james bond. Here to talk about it Dagen Mcdowell and recon capital kevin kelly. Kevin you had a front runner. Dagen i think that daniel craig, i saw him on stage here in new york he looked like old cheese. I know. So i cant imagine i cant imagine the price tag that they come up with i know what theyre offering them. Hes an idiot if he doesnt take it. Kevin worked out for him. Im always for a blond bond. [laughter] maria i bet. The presid