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Transcripts For CNBC Squawk On The Street 20160129

And holiday sales up 22 but profit falls short. Shares of microsoft are up after beating the streets expectations. The Company Recording more than 25 billion in revenue for the quarter. And carl icon getting three seats on the board. First up, the dow and s and, p on rise for the worst january. Gdp up. 7 and that comes after the surprise rate hike by the bank of japan. And the nasdaq is down 10 here today. Dow is nearly 7. 8 decline and s p down. And the russell is worse 11 or so. And utilities and telecomin the green. Its very telling. Its just a terrible month and youll see numbers that are fabulous, like american airlines. Four times earnings, like, i could not believe down to 726 million shares but then theres a virus by mosquitos that makes people not want to travel. Just in time for the olympics this summer. And suddenly you have a situation where i dont care how good it is. I use that as a metaphor. Apple, china, wait a second, i dont care how good it is. Drug companies, i dont

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