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Tom is in washington, d. C. Tom it came out widely as expected. There were some nuance francine through the night. It was fascinating to watch the political derby at about 10 00 last night, maybe 10 30, particularly the tension among rubio of florida on the republican side. Lets go to some of those results. I think we know seven states in seven states for donald trump and Hillary Clinton the opening frontrunners but then it gets a lot more interesting. Well get to the secretary in a moment. For mr. Trump it is simple. Mr. Cruz of texas wins throw states. Really quite a speech from him and mr. ...

Announce its new smaller iphone. The move comes one day before the apple and the sei meet in court. Lets head straight to the market desk where julie hyman has been keeping and i. Julie breaking economic data. An annual pace of 5. 0 8 million. It had the sales of previously down homes in 2007, coming at a threemonth low. Sales lower than the most pessimistic forecast in the survey of economists. It probably will not affect the large portion of trading. The company is coming out in making a number of announcements , saying ceo mike pearson will be stepping down today until his placement is foun...

Were getting the move. There is two primary ones. Better china trade data, particularly on the exports. Then bank earnings, jpmorgan, lets call it good enough. Thats my phrase. People were expecting downbeat commentary. We didnt get that. That helped move the financials and the overall markets. High cash positions forcing a lot of people into the markets, Short Covering going on. Look at the china trade data. The news on china has been relentlessly bearish for a year. Everybody said, oh, my heavens, maybe the news isnt so bad. Short covering rally and hang seng, up 3 . Japan up, france up, eve...

0. 6 . After falling 4 present yesterday crude oil prices right now pulling back even further, down 1. 3 . A new fox poll shows ted cruz narrowing the gap with donald trump. We have the numbers for you. The fbi hires an israeli firm to unlock an iphone used by a terrorist. Dirksen Senate Office Building National Football League owners crackdown on player conduct during games and Alex Rodriguez reveals when he might retire but later he backtracks a bit. Those stories and more coming up. 5 01 eastern time, welcome to icao. Dirksen Senate Office building thank you for joining us. And intense manh...

Cnbc. And we have a great lineup. We have our host for the hour with jim chanos, and david rosen will be here as well as carson block from muddy waters. And jim, you have had a long history here at sohn and we will go through some of the picks through the years later, and before we get to that and get to some of the thoughts on china, and get to the breaking news of john kasich leaving the president ial race, and it appear appears that though the dance floor is cleared for the trump clinton ticket. What are your thoughts . Well, scott, first of all, thank you for having me here, and it is a pl...