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Transcripts For CNBC Squawk On The Street 20161214

we are inches away from the record. futures steady as we wait for the fed at 2:00. tech titans will meet with donald trump today at trump tower. we re going live to midtown manhattan, watch them as they walk in. two new names officially announced to take a spot in goldman. more on the changes. first, 89 points, that s how much it will take for the dow to hit 20k. the blue chips coming off their 16th record closing high. s&p and nasdaq hitting record territory. all aed head of the fed s rate announcement at 2:00. live coverage will begin right here on cnbc at that time. we will get the forecast. we ll get the dot plots and the q & a. i have to tell you that interest rates are down today. you can see how this market is changed. oil is not up. interest rates are down. the futures are not higher. the banks have a lot of people feel like that the banks are the ones for this rate hike. even the rate hike is now baked in or maybe feel that some people feel the economy has

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Transcripts For CNBC Squawk On The Street 20170109

with stocks and the march to dow 20k, as you know was less than a point away from making history on friday. plus, coke and p&g getting downgraded to sell this morning over at goldman sachs. and a busy week on capitol hill, confirmation hearings for the president-elect s cabinet picks are ready to get underway. first up, once again the dow will take a shot at hitting 20k. there s a call out of goldman not helping a pair of blue chips the firm downgrades coke and p&g to sell saying it sees headwinds from a stronger dollar as well as sluggish and market demand. not often you get two sells on two dow components from one firm in one day. these are companies these are great american companies. it s obvious that this is a call setting self up for much stronger economic growth. now, it is the wrong time for the call because interest rates are down big today. so that s going to put pressure on the banks. so if we re trying to get to dow 20,000, you may see on the tape in the b

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