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CNBC Squawk On The Street August 29, 2013

India. The ruby, best day in four years. Road map begins with the markets on the heels of that strong gdp number. Futures are higher although concerns over syria weighing on investors. Telecom deal potentially worth up to 130 billion. Weve got details and what it means for the sector. Shares of one retailer on fire this morning after reporting stronger than expected guidance last night. Were going to tell you which one that is. Lets start with the mark markets. Second quarter gdp revised up. Previously estimated, thanks largely in part to an improving trade picture. And claims down 6,000 to 331, signaling a slight slowdown on the pace of layoffs and worries about military intervention in syria. A lot of places we could go, jim. What is most interesting to you . Well, im glad you see that the gdp is finally keeping pace with what has been the jobless claims. I couldnt understand why our gdp was so low given the fact the jobless claims have been best in five years. That is a positive sto ....

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