the month of kicking off with a rally. another record high, 29th record close of the year. the dow industrials up 236 points at the close yesterday. tracking isaias. downgraded as tropical storm after making landfall in north carolina. we will take a look at the storm s path this morning. president trump boosting health care in rural areas. the president trump expanding telehealth services as the coronavirus spreads beyond big cities. health and human secretary alex azar will join me live at 7:30 a.m. eastern. 25 years ago i made debut on the floor of the new york stock exchange. today a look back at key moments from my time reporting there and the honor of marking the anniversary by ringing the opening bell. mornings with maria is live right now. maria: global markets are mixed. ftse 100 up 1 and a half points. dax index is lower by 42 points. uk federal government looking to boost economy by invests $1.7 billion in building projects. in asia overnight. green across the bo
some level of that in the numbers. it s hard to say how much when the countries are meeting and talking, it is better than not cook telling me he sees no evidence that his products are being boycotted in china and that he has made no significant changes to his supply chain in response to potential new tariffs. we also talked about services up 18% when adjusted for currency in a one-time gain last year i asked cook about his new video streaming service that s on the way and how he will judge its success by what metrics, cook saying the most important thing is one, the product, and two the number of subscribers and whether we are going to announce that or not, i don t know. we don t aspire to have the biggest audience working in cook s favor for these new services leveraging that massive install base or the number of active guys devices in people s hands he says the active install base of iphones reached a new high. i asked cook about new regulatory scrutiny here in the u.s. he
good wednesday morning welcome to squawk alley. i m carl quintanilla, morgan brennan, jon fortt, both back at post nine. yeah. good to be back we begin with the story of the morning, apple reclaiming the top spot as the most valuable company by market value. shares up 6% after reporting better than expected earnings. josh lipton sat down with ceo tim cook for his take. josh so, jon, tim cook is excited about the trends he s seeing in china. that s what apple s ceo is telling me yes, greater china revenue did drop more than 20% in the quarter, but trends are improving, cook says march was better than the average for the quarter, he said the adjusted price as we got into the quarter, we adjusted it to sort of take back the weakness in the currency and then some. we rolled out our trade-in program that had gotten some success in the united states and the trade relationship, he said, i don t mean a tariff, i just mean the tone, is much better today than it was in the
you got me you got me got me, got me, baby good wednesday morning. welcome to squawk alley. i m carl quintanilla with morgan brennan at the new york stock exchange jon fortt, of course, out in san francisco at our one market bureau after a couple of days of great coverage on the west coast. we re going to begin today with the markets. stocks rally again today, extending yesterday s gains as u.s./china trade optimism drives the major averages even higher with us now on where stocks going from here is keith lerner, chief market strategist at sun trust and jack avelin with crescent wealth advisers good to see you both good morning. jack, let me begin with you 2760 here, as more optimism about u.s./china trade and the border win assu border, i assume, is driving things how much do you think the rally we ve had since christmas eve needs to be digested here. or is this going to create a little more fomo having reached that 200-day i think we were a little bit to the
a new mobile network in japan. our top story sprint and t-mobile in the hot seat in washington as lawmakers grill them of their proposed merger. t-mobile ceo john legere and the before a appeared house subcommittee defending the megadeal against claims it is a threat to competition. our opponents are wrong when they claim that the merger will lead to higher prices. in fact, the opposite is true. consumers will win with lower prices and better services. how? out costs will drop sharply and the network capacity will expand tremendously. senatorsne democratic called for the deal to stop in a letter on tuesday, saying it would hurt consumers. toning us from washington discuss is georgetown law distinct fellow gigi stone, and a reporter who covers the sec. what was legere s message today? s message was simple and one we have been hearing for a while, that it is good for because of such great advancements that it will make the company a stronger competitor to at&t and verizon