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Transcripts For CNBC Squawk On The Street 20170425

Big earnings out this morning set to weigh heavily on the averages, cat, mcdonalds, dow, dupont, 3m and coke all on the move. Wow express scripts shares falling down hard on news it is likely losing one of its biggest contracts. Well dig in on that and the companys earnings. The trade war is heating up. The u. S. Will impose a major tariff on canadian softwood lumber. Hear what the commerce secretary says about that action. Futures are getting a lift, earnings from dow components adding to the momentum. We mentioned cat, blowing past expectations with its results, raising their full year guidance, 3m exceeding consensus helped by renewed strength on latin and asia. The story of the morning may be cat, jim. Nowhere near what analysts were expecting, almost double the estimate. Whats happened with caterpillar . We call it leverage and a lot of people think leverage, what does that mean, leverage with the president with congress or leverage leverage as in debt, how we typically refer to i

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