First time since october stocks look to close out the month in the red. April showers leaving the dow soaked and got them down 444 at the moment but for the month down 4. 6 followed by the s p 500 which looks to end the last 30 days with a loss of 3 , the nasdaq in a shower but on pace to get clipped by 3. 5 but it is the small and midcap that took the worst dunking, the russell 2000 on track to have lost 6. 6 on the month. Overall no one should be surprised or worried considering the runup by the bulls that theyve enjoyed since november with the backdrop of stubborn inflation which brings us to right now, Federal Reserves Committee Meeting huddled behind closed doors and while the fed is expected to leave borrowing rates to 5. 5 for the sixth meeting in a row, simmering inflation weighing heavily on chairman jay powell. Cutting rates would be a tool used to stimulate spending but with consumer demand sizzling the Central Banks original plan to cut 3 times, 6 times this year is on ice. That ice got colder with fresh data showing firstquarter Employment Costs as measured by the eci came in at 1. 2 harder than the 1 effort. It is starting to truly weigh on consumers. The burger chain reported a profit miss and lowerthanexpected Quarterly Sales growth and executives admitted high prices for combo meals have begun to result in declining restaurant visits. Customers no longer want to absorb price hikes the company and plummeted in the past year, shares are flat all session long. After the bell, how intolerant consumers are getting of high prices from the starbucks report quarterly numbers, they are joined by big names on deck, lets get to the floor show to interpret this. Jack is making the case to purchase mcdonalds for one specific reason and Goldman Sachs is here on whether to make the same case for energy which is the worst performing sector. How should investors read this . Its a reflection of what the bond market is telling us. We started the year expecting six rate cuts and after tomorrow it would be 0. Thats one of the factors and the rate hike going from 3. 9 to 4. 6 undercuts a lot of the multiple expansion that weve had in the s p 500 but im thankful that the s p is ahead year to date but all things being equal, a rate hike like this would suggest the equity market could be down 5 to 10 . Liz for once oil is not rising, gasoline is not rising but today, we had them moving down lower than they are in the aftermarket session but still down a buck at the moment 80 one 70 one but if you look month to date you can see that everything is either flat or slightly lower, so the inflation picture is altered when it comes to energy. Give me a sense of what is driving it down even though it is year to date, we have most of the upside. The modest declines we have seen in the last couple weeks are driven by three factors. Some reduction, there are signs of a potential escalation at the eastern conflict, second, as a result of upside, high us Interest Rates and higher value of the dollar, seeing and impact of the stronger dollar on Commodity Prices and third at the margin i would characterize the fundamental data in markets over the last few months as somewhat bearish because weve seen modest increases in the global market. Julie have a slight deescalation in the middle east not to mention as you said rising inventories which are bearish. You like an oil name here, which one is it and why, when things look a little bit unstable when it comes to bearish versus bullish do you feel it is time to go into that . Chevron is a highquality company with a strong dividend yielding 3. 9 but the key here is that we expect Dividend Growth to be 5. 5 for the next three years so here is a way to capture a solid dividend that will likely grow in excess of inflation. Liz when we bring this into the focus of china, there is so much news going on, middle east, whats happening in the us, demanded depending on high prices are not, when you talk about the china demand, it almost looks like it has stabilized here. Last year china demand for oil grew very quickly as the economy reopened. We are not seeing a moderation in demand growth in china, china demand numbers have disappointed expectations as such and one interesting trend we are starting to see in Chinese Energy data is low Natural Gas Prices are incentivizing some trucks to switch from diesel to natural gas so you are seeing spillovers from bearish natural gas markets to the oil market. Liz natural gas is below 2 on british thermal units those started to show signs recently. Let me go to earnings season. Weve got a tugofwar between Federal Reserves big meeting at the announcement tomorrow when it comes to Interest Rates. We will stand half a the sixth time in a row but they are waiting to see inflation come down. Inflation was very much a piece of the narrative for mcdonalds earnings. We are starting to see people say no more. We do not want double digit dollar costs for these combo meals, remember the one Dollar Hamburger . That is no longer a thing but you like mcdonalds, is it similar to chevron where you have a yield are Great Company going through a little bit of an event. The theme is highquality, quality quality quality, underlying everything we do now, solid dividend, 2. 5 yield and we expect dividends to grow 10 per year for the next three years so i think we have to use this pullback as an opportunity to get in and capture a solid dividend. Liz everyone is waiting on amazon to show a dividend, to pay out a dividend, we will know in just about 53 minutes when amazon reports numbers along with a bunch of other companies, smc i, advanced micro devices, starbucks coming out with numbers, earnings on deck, do you think amazon is going to announce a dividend and it would be the last s p 500 company with the trillion dollar market or more the doesnt pay a dividend. Im not an expert on insider but i would expect following googles lead, start issuing a dividend, certainly a symbolic one. Lauren 1 you look at a lot of oil companies, they do pay dividends, they always have, you just got to hold on for what could be a wild where id. We do think investing in oil futures and oil equities remains an attractive proposition. On the oil side i would emphasize two significant benefits, one is significant carry and second, geopolitical hedging benefits. If we were to see supply disruptions in the middle east or russia or opec were to keep production lower longer, or youll would do well and those scenarios were equities where there. And on Equity Research do emphasize the fact that different returns, different yields are quite high for companies and you want to purchase the dip. When oil equities are cheap and similarly when oil is cheap i think it is the right time to do oppositions. Liz i want to let viewers know if they were shocked when they saw transocean, a lot of that has to do with the fact they posted adjusted share loss. Thank you very much. Tech folks, tech focused or not, just about every company is ramping up spending on ai. One company is putting ai to workforce 8100 Global Customers which include companies from microsoft a craft hines over those and thousands more. The ceo of service now, Bill Mcdermott telling us how digital platform is harvesting the most Intelligent Knowledge ever. This is a fox business exclusive. The nasdaq is selling off, we got it down just about, looking at the nasdaq, one hundred 88 points but the stocks at the top artech, paypal, dex. Com and adp. The claman countdown is coming right back. Everybody wants super straight, super white teeth. They want that Hollywood White smile. New sensodyne clinical white provides 2 shades whiter teeth and 24 7 sensitivity protection. I think its a great product. Its going to help a lot of patients. Your shipping manager left to find themself. leaving you lost. You need to hire. I need indeed. Indeed you do. Indeed instant match instantly delivers quality candidates matching your job description. Visit indeed. Com hire liz we have a down market. Investors are backpedaling on stellantis, down 11 . Those shares are the largest percentage of austin two years. The global automaker, chrysler, fiat, dodge, jeep, reported a 12 slide in firstquarter revenue citing lower sales. And Foreign Exchange effects. Stellantis did announced plans to launch a total of 25 new models of this year including 18 electric vehicles. No weight gain for patients on eli lillys weight loss drug, big gains for the stock, up 5. 3 , demand or for the drug led the farm a giant to raise its annual Sales Forecast by 2 billion and expect significant production, increases in the second half of the year, also related diabetes drug, demand for both eli lillys market soaring above 700 billion, greater than tesla and walmart. Shares of Ge Healthcare looks likely down 13 sitting at the bottom of the nasdaq 100. They recently spun off from ge reported lowerthanexpected financials for the First Quarter at a drop and a drop in revenue. It did however affirm its fullyear outlook expecting its growth trajectory to be weighted towards the back half of the year and warner bros. Discovery calling for a foul by investors, the stock is sinking 9 on news it could lose broadcast rights for the National Basketball association. Comcasts Nbc Universal is jumping in offering to pay an average of 2. 5 billion a year to broadcast basketball games with tnt network paying 1. 2 billion in its current deal. W bd was unable to reach a new pact before an exclusive negotiating window expired last week. Warner bros. Discovery shares are below 8 by a longshot, 7. 43. Breaking news from the crypto world, the founder and former ceo, one of the biggest Crypto Exchanges has been sentenced to four months in prison for Money Laundering after entering a plea deal. Prosecutors recommended 4. 3 billion to settle allegations. Bitcoin dropping with the rest of the market here, down 5. 5 to 59,815. 2391 getting clipped by 8 . One iv leagues reputation dying on the vine, Columbia University on full lockdown at this hour as propalestinian and antiisrael protests barricade themselves in Hamilton Hall. The president of the university has issued a statement. We are going to get that to you and go live to the new york city campus for a look at their demands and the bigmoney at risk for all institutions of Higher Learning dealing with rampant antisemitic rallies. Just about every University Student uses online books, education tech company the leader in all of them tumbling 27 in the final hour of trade. After announcing the departure of its ceo and secondquarter forecast missing expectations. Dow jones industrials down 450 points. We are coming right back, taking you to Columbia University for the rest. I have type 2 diabetes, but i manage it well jardiance its a little pill with a big story to tell i take oncedaily jardiance at each days start as time went on it was easy to see im lowering my a1c jardiance works twentyfour seven in your body to flush out some sugar. And for adults with type 2 diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. 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Visit findyourindependentadvisor. Com liz Benjamin Netanyahu vowing to rid the Southern Gaza city of rafah of hamas terrorist whether a ceasefire agreement is reached or not, he says in a statement, quote, the idea we will stop the war before achieving all of its goals is out of the question. We will enter rafah and illuminate hamass battalions with or without a deal. Netanyahu not the only one refusing to back down. Propalestinian protesters at Columbia University ignoring a letter released in the last few minutes on columbias president who has confirmed the any student occupying the Hamilton Building on campus which they broke into last night will face expulsion. The activism could come at a high cost, not just a blemish on the record but lets go live to the scene of Columbia University in new york city and madison alworth. Lydia we are moving with the protesters standing outside columbias gates, those gates closed because of the actions last night. They are marching now, standing outside of 116 and broadway. The campus closed because of the invasion of Hamilton Hall last night. The big news that the students have occupied that building face expulsion. I want to bring you some video from last night and bring you the news. The students broke in just after midnight breaking into the hall, breaking glass to get in, moving metal gates and forming a barricade with their bodies to secure the building. Columbia announcing 12 hours after they broke in that those didnt, quote, occupying the building face expulsion. The campus has been closed because of these actions. Only students that live inside and essential staff can get in. Some of columbia columbias Biggest Library spaces are located on this campus and with it currently being finals period we spoke to students who said this has been an imposition and they are worried about the final results in their education. Take a listen. Early monday next week it seems the only thing we can do is virtual training. And kind of worried because we complete our protests. Reporter that students saying he has finals on monday and they are not working on that. They cannot physically get to it because it is on the campus. All of this happening as the backdrop with big l cardona testifying on capitol hill, that focus on fiscal year 2025 budget but multiple questions with antisemitic behavior. They have an investigation, they dont have staff on campus. Back out here live, protesters marching to the other side of the building, something weve been saying is to open the gates. The campus is closed. Protesters not inside, only those who live there. The question is whether they will attempt to get inside as we follow them this way. Liz many of them especially those who stormed hamilton have their faces covered. Some would argue their faces are covered because they know what they are doing is wrong, defacing school property. The president has said those students still in that building will face expulsion. Any word or any sign that theres going to be an effort to remove them . Reporter on the mask point, when i was interviewing students they told me they would put on a mask before they spoke to only in part to conceal their identity. When it comes to removing students from the encampment which the tents on campus are there, students threatening to be suspended and also in Hamilt