Good thursday morning. Welcome to squawk alley. Im jon fortt with morga brennan, david faber, here at post 9 at the New York Stock Exchange carl is on assignment. And were going to begin with todays rally. Stocks surging all of the major indices up more than 1 . Our dom chu is back at headquarters with a look at what is driving the gains today dom . So, jon, we are right near highs of the session right now the dow is up about 458 points, 452 at this stage. And as you can see here, almost 1. 5 to 2 gains at this stage for the major indices. The s p 500 really the laggard there. A lot of tlechnology and communication stocks powering that nasdaq composite to a 1. 5 gain overall with regard to whats driving the action, take a look at the sectors that areat most at wor and at play. Financials, industrials, technology, meanwhile, consumer staples, real estate, and utilities really lagging behind. The key level that we wanted to watch earlier on was 2945. That had been an area of resistance o
Cohesion. But weve always had people who have understood how to overcome those differences. And so to kind of reflect on this question about what does enable us to overcome the distinctions in any kind of free society, we are delighted today to be joined by oscar munoz. He was appointed in 2015. He is a true american success story. And well talk about that a little bit. Growing up with eight siblings in california. First member of his family to go to college. Hes had a number of rather remarkable leadership roles, worked at at t, cocacola, pepsico prior to joining united, president of the cxx corporation which moves a lot of heavy stuff around the country. But the focus of this discussion will be oscars focus on people. As i prepared for this discussion, the consistency with which the descriptions of your leadership have been kind of just anchored in both your employees and your passengers as really kind of shone through. And i think, you know, im particularly interested in a field tha
Arts, advocates, to understand the circumstances and characteristics that enable some people to overcome real differences and lead. Our imagination at the Bipartisan Policy Center is not 200 yearscountry was of cohesion. But we have always had people who understood how to overcome those differences. So to reflect on this question about what does enable us to overcome the inherent distinctions in any kind of free society, we are delighted today to be joined by oscar munoz. Oscar was appointed president and ceo of United Airlines in september 2015. He is a true american success story. Growing up with eight siblings in california, first member of his family to go to college, he has had a number of rather remarkable leadership roles with at t, cocacola, pepsi co. , prior to joining united as the president and ceo of the csx corporation, which moves a lot of heavy stuff around the country. This discussion is going to be a lot about oscars focus on people. As a prepared for this discussion,
Post nine of the New York Stock Exchange Morgan Brennan has the morning off. Dow session low was about 150. Well start with this rally in tech leading the s p to record closes yesterday these regulatory headlines out of d. C. Not slowing down the momentum out of the valley evaluation partners, early facebook investor, Roger Mcnamee is with us to talk about facebooks print they cant lose. No. What would it take to slow these guys down . To be clear, i think from an investor point of view, theyre delivering exactly what investors want and as long as that goes on, the stock is going to be fine to me, the question is the policy one that all of us as citizens that our government has to ask, which is, should there be some limit on what businesses can do when the actions of that business affect public health, democracy, privacy, and competition. And, you know, were wrestling with that right now and the governments getting its gears moving, but it goes slowly and until i guess its going to nee
The sense that theres not enough of it is something that is wildly shared among many of us in washington, and the ambition for this series is to call on leaders from national and local politics and business leaders, folks from education, arts, advocates, to try to understand what are the circumstances and the characteristics that enable some people to overcome real differences and lead. Our imagination at the Bipartisan Policy Center is not that the it was passive cohesion. Democracy is not a gentle game, but weve always had people who have understood how to overcome those differences to kind of reflect on this question on what does enable us to overcome the inherent distinctions in any kind of free society, we are delighted today to be joined by oscar m oscar munoz. He was ceo of united airlines. He is a true american success story, and were going to talk about that a little bit, but growing up with eight siblings in california. First member of his family to go to college. He has had