The netherlands. Yeah, were watching that story today. Also today on the fourth anniversary of the controversial dodd frank financial regulation, the two authors of the bill are here exclusive. The law by many measures still incomplete in many areas. We will get the reaction of chris dodd and barney frank to where the bill stands today, the impact that its had and a lot more. Looking forward to that very mu much. Also, netflix bucking the trend today, trading higher by about 1 ahead of earnings that are due out about an hour from now. Netflix kicking off an avalanche of major earnings from some of the biggest and most Influential Companies on wall street. We will have the numbers, we will have the analysis, the market response, all of that that only closing bell can do, so dont go anywhere. Yeah, were really getting into the thick of earnings this week. After hours today. It picks up tomorrow morning. A lot to watch for. Heres where we stand on the markets right now heading toward the
He calls it, they pulled a congress. Waiting for goodow, and a lot of others said sticking their heads somewhere else. Its trough. Jim, thanks for coming on. Well see you on the set in pebble. Thank you for having me here. I appreciate it. Thank you for coming. Join us tomorrow. Squawk on the street is next. Good wednesday morning. Welcome to squawk on the street. Im melissa lee, with carl quintanilla, jim cramer and david faber here at the new york Stock Exchange. Take a look at u. S. Futures. We should note the dow is posting its bst january in 17 years. We are looking to go higher on the dow here. Investors are awaiting the house vote this afternoon on postponing the debt ceiling. News in europe, David Cameron vowing a referendum on whether britain remains in the eu. In japan, longest losing streak in two months. China awaits data, thats out tonight. The road map in the u. S. Starts off at the golden arches. U. S. Samestore sales up 9 for mcdonalds, helped by the dollar menu and mcr
Term fixes as they kick the can down the road. And thats what the mark set expecting. Further moves down the road rather than a deal. Right. You wont get the big deal. I dont think you will get that grand bargain, bob. We may get some kind of deal that avoid the worst consequence he of the sequester. I think that likely to happen. Always the eternal optimist. Ty, back to you. Sue, thank you very much. Shop until you drop. At least for the month of january. Big name retailers reporting strong january sales after offering new merchandise. This despite consumers taking a hit to take home pay to higher payroll taxes which is part of the fiscal cliff resolution. Courtney reagan here on the retail beat. Hi, courtney. Welcome back from dallas. January an interesting month. It is promotional. Make way for full price spring merchandise. But that means many goods sold are sold at rock bottom prices that replaces it. Of the 18 drugstore retailers, Thompson Reuters has a gain of 5. 8 , year over y