five-day losing streak and nearly the same position since a very similar budget battle. jeff bezos saying he doesn t care if his new kindle makes money when they buy it, only when they use it. and jpmorgan avoiding a wave of separate litigation. and alibaba planning to list right here in the old u of a. if the s&p finishes to the down side, it s the index s first five-section losing streak sinces fiscal showdown at the end of 2012. one of the recent headwinds about a government shutdown. republican governor ted cruz of texas and allies have been on the floor, but do threaten to strip a defending provision of obama. harry reid has scheduled a test vote today at noon, like live one of several procedural votes. there is an increasing amount of chatter that we might get a continuing resolution. it does seem like there is something hidden going on, even so we have the s&p down five, the depth of decline is not that great the nasdaq was up yesterday, transports were up ye
good morning. it s tuesday, march 5th, 2013, and squawk box starts right now. good morning, everybody. welcome to squawk box here on cnbc. i hope this song gets stuck in your head, too. i m becky quick along with joe kernen. andrew ross sorkin is on assignment today. our focus this morning is the markets. after yesterday s close at the second highest level of all time, you can see this morning the dow futures are indicated up about 39 points. i believe that is exactly how far away we are from yeah. 38 points from the all-time highs. so we ll see. if things were to open right now, you d bust through that level right about right now. we ll see how things are headed up. the number to watch is 14,164.53. that is the all-time high that was hit back on october 9th, 2007. the s&p 500 nearing records. it is fewer than 50 points away from its record close at 1565. yesterday, by the way, was the s&p s first monday gain of the year. i didn t know that. dedication to mondays. i
we were not expecting the president to speak to reporters, he did on air force one a short while ago. he s in the building behind me, set to speak at a fundraising event any minutes. when he spoke to reporters, he spoke about the new york times op ed and wanting to know who is behind it. president trump: doesn t seem to be anybody high up, everybody high up said, it wasn t me. very hard [indiscernible] i will say this, for somebody to do that is very low. that is the investigation of the op ed president trump: i think so, i think it is national security. i would say it should be investigated and the author of that piece, i believe it is national security. the president is in fargo to help republican representative kevin cramer raise money for his senate bid. heitkamp is up for re-election in november, republicans want to take her seat, the president came to help cramer and hold a rally in north dakota. today s event aiming toward the same thing, takeing that s
WASHINGTON, D.C.- A local Shreveport man spoke to a U.S. Senate panel about prison labor conditions. The man, Terrance Winn, gave a personal account of his almost thirty years spent