Meanwhile, home sales the highest read since september, as builders pull back on prices, and offer incentives we old ll talk to the ceo of h hughes holdings. And tesla, the stock hitting a 52week low yesterday. But one shareholder finding a few Silver Linings and a vote of confidence for elon musk what has her bullish, coming up. Before we get to that, lets get to dom chu for a check on the market action. Oh a strong folio lineup to yesterdays rally, a solid 2 above the levels that we saw just on friday so a twoday bounceback for the markets overall. The dow up about 240 points, half of 1 , 38,480 the s p 500 is at 5,066, up 56 points, north of 1 gain, and its been a positive day even at the lows, we were up 17 points in the s p, up roughly 61 at the highs so tilting toward the higher end of that range. The nasdaq composite, pacing the advance off 1. 5 , 225 points, or 15,675, the last level for the nasdaq index three earnings movers headlines, among the many two generals out there Gen
Bloomberg surveillance. Manus is in the hot seat. We have cpi, ppi coming up next on the late. Because Bank Earnings we have Bank Earnings. Manus when the call ended at this morning to join surveillance, what a moment. No guidance is going to be revised higher because we are in a higher for longer weight. But going to jamie dimon says come he is not completely sure. 70 to 80 chance the market thinks there is a soft landing and i think the odds are lower. What is the rhetoric and guidance . Lisa that is what people are going to be watching for. We are expected to get jp morgan, wells fargo come at it click get citigroup. Markets are fascinating because we are looking at a situation where bonds are stuck in everything are still kind of really reeling. It raises a question, is this a market that can withstand peoples where they are withstand yields where they are . Annmarie and you siemens coming out about this no landing scenario. The reason earnings is so important is because of the dat
This video is not from finland or sweden. Its the lower 48 and could be in your neck of the woods as mr. Roker says very soon. Weather a huge story across the usa today. Thank goodness you dont live in buffalo, sue. They got feet of snow. They got a lot of snow and it is very cold down here. Everybody bundle up and watch power lunch. Its the perfect thing to do at lunch time. If you are waiting for falling oil and gasoline prices to bring on cheaper air fares you will be stuck on the tarmac for a long time. United airline ceo on squawk box this morning. You are going well with fuel prices right now. And we are pricing our product today so we can make a reasonable profit. We are not the level of profitability we should be at united. We will get there. It isnt just pricing the product. There is lots of opportunities for us in ancillary services and ancillary products to make good margin. Those are things that customers value and will pay for. And we want to hear from you. Will Lower Oil
You look around and you have obvious uncertainties. There are fewer questions but the saudis are concerned. You dont have a stable leadership in iraq. In terms of actual coverage problems in kuwait and bahrain. I get worried about the idea of continuity here. I get worried about how well the kingdom can deal with a king and new foreign minister minister, but i have concerned. On the job sight looking at the five year plan data and the budget plan data, theyre not making progress and it is critical. Women are a key aspect of a productive labor force when theyre more than half the population. There is amazing lack of correlation between education and job creation. Education for jobs when the economy is creating them is very valuable. Education for the sake of education has almost no Historical Impact in moving countries toward development. And this is not popular but it is unfortunately where nobody trots out numbers to contradict it and the kingdom has to face this. Just to go back to t
He does it in a way that is professional and effective. I am also told there is a unanimous belief among the president s allies the president s best legal strategy at this point in the obstruction of justice investigation is to exert executive privilege and not answer the kinds of questions detailed in the New York Times this week. One attorney involved in the Mueller Investigation told me today that the release of the questions to the New York Times was a, quote, inside job designed to get through to the president. More significant perhaps, two sources tell me that emmet flood is don mcgahns hand picked successor as white House Counsel. One adding that mcgahn views flood as a, quote, wartime consigliary. Three describe him as calming and competent figure this west wing badly needs. And one source close to mcgahn says of flood, quote, you dont want a successor who is going to stab you on the way out the door. Don envisions a transition of a couple of months. We should make a bubundantl