Page 5 - Gary Thayer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

the sector of the day, financials and check out the major european banks all lower as you would expect after news of the cypress bailout. banks, deposits come here, who knows? but at least as far as today headed lower. i want to thank our guest ben pace. thank you, ben. make sure you join us tomorrow. "squawk on the street" begins right now. good monday morning. welcome to "squawk on the street." i'm melissaly with jim kramer and brian sullivan. we are live at the new york stock exchange carl kibt niia and david faber have the week off. the nation of cypress adding pressure to mar...

melissa: time for stocks now as we do every 15 minutes. our own nicole petallides is standing by. nicole: yesterday we had these major market averages at multi- year highs. the dow closed at the highest level since 2007. the nasdaq 12 year highs. we are really at crucial levels here. going nowhere fast. they had to adjust the week job numbers. stocks pulled back a little bit. i want to take a look at two names weighing on the dow. that is intel and kraft. looking at intel in particular. they gave their revenue outlook for the next quarter. it is very weak. they are saying they are se...

nice to see you again. >> good to be here. >> susie: so you were pretty upbeat in your forecast. are you expectsing a strong global demand for aluminum. it's hard to imagine that given the gloomy forecast out of europe, out of china, even out of the u.s. so fell us where you see the demand. >> well, we expect 7% demand goals this year. we also expect that the-- we see a very strong regional premium which show there is a tight innocence the market. where is that coming from? it's coming from aerospace. we have aerospace market these days with eight years of order backlog that's very ...

nice to see you again. >> good to be here. >> susie: so you were pretty upbeat in your forecast. are you expectsing a strong global demand for aluminum. it's hard to imagine that given the gloomy forecast out of europe, out of china, even out of the u.s. so fell us where you see the demand. >> well, we expect 7% demand goals this year. we also expect that the-- we see a very strong regional premium which show there is a tight innocence the market. where is that coming from? it's coming from aerospace. we have aerospace market these days with eight years of order backlog that's very ...

nice to see you again. >> good to be here. >> susie: so you were pretty upbeat in your forecast. are you expectsing a strong global demand for aluminum. it's hard to imagine that given the gloomy forecast out of europe, out of china, even out of the u.s. so fell us where you see the demand. >> well, we expect 7% demand goals this year. we also expect that the-- we see a very strong regional premium which show there is a tight innocence the market. where is that coming from? it's coming from aerospace. we have aerospace market these days with eight years of order backlog that's very ...