We have a forecast coming up. We start with the tail end of earnings and all those predictions that we would see negative Earnings Growth. We had the report and since then the s p 5 hundred index is up about. 9 . Bob pisani is live with where we saw gains and losses and what expected from retail this week. First up the answer to this question. Did we see growth this earnings season . We are pretty close to seeing an actual Earnings Growth picture for all of this season. Lets take you to the score cart. Through this morning, we have got about 447 of the 500 companies in the s p 500 that have reported earnings. Among those, 67 beat estimates. The caveat there as always is maybe its on lower expectations. They have about one in four will say close to 23 missed estimates. We talk about the idea that we might see growth if things go on track for the remaining 10 or 11 yet to report. We could see about two plus percent Earnings Growth. Thats not robust but we were expecting a decline into the season. Something to keep an eye on. If you look at whats going on happen this week tuesday, tomorrow you got zillow and aleons. Ralph lauren and cisco a big tech name. Kohls and nordstrom on thursday. That will be key. Remember it gives us good picture about whether or not the economy is doing all right. Tyler, more than 2 3 of our economy comes from consumer spending. I like my earnings blended, not stirred. Stocks roughly stead tow begin the new week. A little bit lower for the dow by about a quarter of a percent. The nasdaq is flat at 5,008 and change. Lets check in with bob pisani on the floor. Stocks having trouble because Interest Rates are moving up. The 10year is a problem for stocks. Stocks weakened a little bit. I want to respond to what don was talking about. He is right. We are about six Percentage Points better on earnings than at the start of the quarter. Normally we beat by about three Percentage Points and a lot better overall. They had a rough time and Commodity Prices are down. They were expose and they suffered. Now commodities are turning around. Thats why materials are Market Leaders and up 5 . Energy stocks and oil is off the bottom. Energy say Market Leader because oil has come up. Financials are up because Interest Rates are starting to come up. Things are turned around for the sectors hit most in the First Quarter. The material and energy names. Let me talk about the retailers. We will have ralph lauren and kohls and dillards this week. The hope is that maybe they will be better than expected. These numbers were cut dramatically because generally we had pretty poor february and march numbers. Remember their quarter ends in april. They have another month. The hope is that business was good enough so that they came out with comments better than expected much the final 1010 of the market that hasnt reported. They had a bad quarter. Dillards and nordstrom and kohls is up but they had a terrible quarter. They are down 3 to 4 . The hope is that maybe the commentary will be better than expected. Back to you. Thank you very much bob pi season. The economy and rate hikes. We will have an interview with San Francisco fed president don williams and he is a Voting Member this year so we take extra special care in listening to what he said. Where exactly does he stand on the rate debate . Thanks. The fed president is from San Francisco. Breaking news in our exclusive interview. He explained details of what the often used phrase dated depend dependence will mean when it came time to hike Interest Rates. They will get no rate hike warning from the fed unlike in 2004. My personal preference is that we dont have the most telegraphed decisions in history like in 2004. I do believe the data dependence is what we should be doing. Can we come together discussing what the outlook looks like and the decision in that meeting and the policy going forward. On the economy, he saw the First Quarter weakness as an anomaly anomaly. He is confident they are on a path towards full employment and seemed confident the numbers will turn up soon. That would lay the ground work later this year and they wouldnt take it off or on the table. Heres what he did to prove the point that the fed is really datadependent. I brought you one of my now famous monetary policy,idatedependent tshirts. Hold it up so people can see that. This is for you. Thats the answer to your question. Williams said he was willing to accept more volatility around the data that could be created by the strategy. They said this is better than the risk created by the fed, telegraphing rate hikes ahead at every meeting. Back to tyler. Thats right. I want to see you in that tshirt, your next music gig. He left one for me. I like that. Call your band the data dependence. I like that. Is this the end of 100 oil . Opec thinks it is for a very long time. Take that as you may. The fallout from that. Jackie . Prices are falling and brent is taking it harder on the session. The headline from the journal is that opec does not see oil prices consistently trading at 100 a barrel at the next decade and they are considering production limits. Citing a draft of the latest report due out tomorrow. The most optimistic scenario, they see oil prices at 76 in 2o 25. It is concern that producers will continue to pump product as they have been and cope with this low price environment. Remember opec strategy as reported by the market was to reduce prices and keep production high. It doesnt really seem like this has been an effective strategy because the producers right now in the u. S. Production numbers are over 9. 3 billion barrels a day. On a mundamential level, it seems to make sure that prices will stay low. It only takes one spark, one geopolitical event to create worry in the market place. Then we see the prices rise. Im not saying thats whats going to happen but thats the caveat when you look at a scenario like this. More on that report when it is released from opec. Thank you very much jackie. China making an Interest Rate move cutting rates for the 30 time to help fuel growth. Its raising questions about how bad the slow down is getting there. The former secretary is speaking with cnbc about his fears. China is facing some real structural issues with regard to its economy. They have been much too reliant not only on experts, but investment and infrastructure which led to a very rapid increase. No doubt growth is slowing down. The chinese talked about the new normal and that may be optimistic. Lets bring in Michelle Caruso cabrera with more on chinas latest move. What are they trying to do . Are they getting desperate . This move told us what economists and china watchers have told us. The economy is slowing and you dont cut rates three times in six months unless thats the case. The smartest i know said the bank is making smaller moves than what the bankers would want them to do. Dont expect them to stimulate to the gogo days. They will go bad no matter how cheap money gets. When you let things fail its going to be a hit to chinas growth. The bank of china is sim uling the economy to make sure the slow down doesnt get severe. Forget too big to fail. Companies never went bust. They were rolled over in the extent and pretend. They know that needs to change. If they make it easier and easier, the companies that should fail wont. Whats the impact . Suppliers of commodities are suffering for sure. Is there Systemic Risk to the economy and hence to the world . Very, very dwight the on this question. Dont think of these companies. Think of china, the entire country as a balance sheet. They have a ton of money. They have been able to paper over it. Do you think they let lots of Companies Fail . Lots of companies, no. Some companies, would be a lot. You will suffer this. They feel this is not the last of the moves you will see. Its quite possible. They have different levers they will do. Et cetera etc. If things get worse, you can expect more. Michelle thank you very much. Stocks we are watching this hour shares of the dow member caterpillar up about 2. 5 . The earthmoving equipment maker upgraded and saying the worst may be over. Baird also up greating joe and global to out perform as well. Sewing joy there, up about 6 despite the big move. The stock is down about 4. 3 so far this year. I a mixed quarter tie. The biggest milk processor revenue missing estimates because of falling milk processes. They have weak demand from china. The ban on imports is affecting demand. Shares are up and they are down about 10 so far this year. Executive changes to tell you about. Temper seely ceo stepping down after shareholders voted to remove him from the board. The chief operating officer will take over temporarily. The stock is up about 12 this year. Panera bread hiring two new execs. One the focus on strategy growth, and innovation. They are both mildly to the downside. Lets go for a quick market flash. What are you looking at . Shares of cal maine. They are hitting a record high as cases of bird flu mount in the midwest. They are talking about it benefiting. They are largely located in the southern u. S. They have not been exposed to the virus. As supply pushes egg prices higher, this company could see higher profit. Over the past month, the stocks jumped about 28 since this bird flu outbreak escalated. Back over to you. Flight delays and mishandled bags and what its like to fly in the u. S. Right now. You will be surprised. Looking for a new home . One area of the Housing Market is on fire right now. Robert is here with more. Homes priced at one million or more. We will show you the most expensive home sold in the in the country. It has its own glass elevator coming up. Opinions. Theres no shortage in this world. Who do you trust . Whose analysis is accurate . How do you make sense of it all . A simple unbiased stock score consolidated from the opinions of independent analysts. Is that too much to ask . Nope. Equity summary score powered by starmine, will help you execute your ideas with speed and conviction. And its only on fidelity. Com. Open an account and find more of the expertise you need to be a better investor. Shares of risko systems moving higher. Sutherbees swinging to a First Quarter profit due to a rise in auction steal sales. Its higher by about a half percent. Morgan citily removing sales force. Com from the best ideas list from the low probability of a buy out deal. Its off about 1. 1 right now. It has surged about 20 year to date on that speculation. Tyler, over to you. To the help of the Housing Market in america, of two markets. The luxury market is booming. With sales of homes soring. Robert frank is here with who and what are driving it. They jumped 13 . 14,000 . They are compiled by red fin. The prices fell 1 half percent after four four straight quarters of gains. The ke klines of a sign that overpriced homes are coming back down to reality and rising inventory in the patch. Up a chopg 48 in houston, texas. New york is not included in the data because of a lack of mls data, but outside of new york the community with the most million plus sales was la jolla and laguna beach and san jose. All west coast. The most expensive home sold in the quarter is called lion gate in bel air, california. 23,000 square feet. 11 bedrooms, 17 bathrooms, a glass elevator and a master bedroom that is 3,000 square feet. The official price was 46 million, but the furniture and everything in the house was included bringing the total to 50 million. Out in bel air and they still have green grass. For that price you get your grass green every morning. I would love to know who owns that. Flight delays and lost luggage. What its like to fly these days. The state of air travel in america. You are going to be surprised. Wild weather slamming into the united states. Tornados ripping through iowa and flash floods. Incredible video is next. Its more than a network and the cloud. Its reliable uptime. And multilayered security. Its how you stay connected to each other and to your customers. With centurylink you get advanced technology solutions, including an industry leading Broadband Network, and cloud and hosting services all with dedicated responsive support. With centurylink as your trusted Technology Partner youre free to focus on growing your business. Centurylink. Your link to whats next. Ameriprise asked people a simple question can you keep your lifestyle in retirement . I dont want to think about the alternative. I dont even know how to answer that. I mean, no one knows how long their money is going to last. I try not to worry but you worry. What happens when your paychecks stop . Because everyone has retirement questions. Ameriprise created the exclusive confident retirement approach. To get the real answers you need. Start building your confident retirement today. Building aircraft, the likes of which the world has never seen. This is what we do. Thats the value of performance. Northrop grumman. Look at this dramatic video. An Iowa High School took a direct hit. Look at the roof go. The roof of southern calhoun high went flying when the tornado hit late yesterday. More than 100 people were inside attending an awards ceremony at the time. They were huddled in the basement. The building suffered that direct hit. The damage extends for several blocks. Allaround the school. Look at that violent weather. Several residents and drivers had to be rescued because of flash flooding. You can see the truck overwhelmed when this river overflowed the banks. The driver and passengered to the roof threatened to sweep the truck. They attempted a ground escape but the water was rising too fast. The National Guard arrive and a crewman was lowered to the trucks hood and he was able to attache harness and one at a time they were lifted to safety. Look at that picture. More violent weather is expected in the south and midwest. If you are in the area do stay safe. Ty . That is some kind of courage. Flight delays and mishandled bags and a new report on the state of air travel in america. Is taking flight in chicago. Not a good report card. Complaints jumped 55 in the month of march according to the department of transportation. We like to look at the on time arrivals and who is the best and who is not doing well. Hawaiian and alaska and delta topped the list. The average for the sfrea is about 78 . Frontier and jet blue struggled in terms of on time arrivals. The airlines did better in march of this year compared to march of last year. Again according to the dot, the number of complaints about the airlines in march up 55 and tyler and mandy, in the First Quarter, complaints to the dot about what we see on the airlines and how we are handled are up 14 . Everyone we know lost a bag at some stage. Youre the 1one, but a patiently not. They had a big rally over the last few weeks to near a fivemonth highs. Today its not getting a lift to the outside. Flat numb moving down. To the bonds market rick is tracking the action at the cme. Ricky . Mandy, the conversation goes that equities and weaknesses derived from the rise in rates. I somewhat agree. Rates have risen this much recently. The issue is that they are not coming down. If you look at a 24hour chart, we have been building selling pressure putting rates up. The minute we trade above the 2 time 20 and a high of interday fame on friday we zoomed up close to the 224. You see the issue. We basically broke 40 basis points. If you want to look at the real comfort, it might be the Foreign Exchange markets. If you look at dollar. The style is called holacracy. What is it and does it make good sense . Smart ways. They are getting long on earnings season. Which stocks are left to report typically beat expectations and go up on that day . We will have those games next on power lunch. Keep it right here. At chase, we celebrate Small Businesses every day through programs like mission main street grants. Last years grant recipients are achieving Amazing Things. Carving a name for myself and creating local jobs. Creating more programs for these little bookworms. Bringing a taste of louisiana to the world. At chase, were proud to support our grant recipients and Small Businesses like yours. So you can take the next big step. Heerds the news update for this hour. The strain of bird flu has been confirmed in indiana. This is the first time this strain appeared in the state. A different strain had been preding across the midwest and resulted in nearly 30 million birds dying or slated to be killed. They will open in Berkeley CountySouth Carolina bringing 4,000 jobs to the state. They are confirming the news in a conference and volvo will invest 500 million with the First Vehicles expected to roll off the Assembly Line in 2018. A joint navy drill in one of the black sea ports. They said the exercises will focus on maritime defense. Dramatic video of a stage collapse while a choir was singing in china. The stage suddenly fell and eight people were injured. No one was killed. Back over to you. Whoa that was something. Earnings season was almost over. That doesnt mean there winning trades in the days ahead. Dominic has a look at three stocks that almost always beat on earnings. Wow some people use a guide of patterns. There is no predicting it but it may tell a story. She looked for only the companies that are yet to report the earnings. Here are three of the names. You think of the snowmobiles and that kind of thing. On average. The earnings expectations. And on average, they are up about 2 after they report earnings on the bay of. This is over the past few years. Macysa one of the big retailers set to report. They beat earnings almost 90 of the time. A slightly lower average. Its up about 3 4 of 1 . Another one here. Symantec. The Cyber Security and that typ