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Angela merkel could be out of office by next year. Its not the most likely outcome, but it is possible. Thatin that in itself is extraordinary. This is why the pressure is on. Since the election, the chancellors cdu party has been trying to form a coalition with the liberal fdp party and the greens. Well, the fdp has pulled out of talks. Ms merkel has now told german broadcaster zdf she does not rule out new elections and is ready for a new candidacy, and that shes reluctant to form a minority government. Broadcaster asks, what now, and they may ask. The election in september delivered a shock...

Good thursday morning, welcome to squawk alley. Im Carl Quintanilla with john fortt. Julia boorstin joins us for the hour at post 9 sara eisen is off. A lot to watch today the dow breaking through 24,000, now up, intraday record and strong day for the nasdaq, too getting news john mccain is on board regarding the Senate Tax Bill of course, it is the last trading day of the month joining us, dan morgan, senior Portfolio Manager. Before that, elon with more on mccain senator john mccain is a yes on the tax reform bill he had been one of the key undecided votes on the republican tax plan, but he ...

Senate mcconnell has promised as a doc a bill and amendments will come up in a fair way when it comes to those issues on immigration and very soon paul ryan has promised no such thing paul ryan says he will bring up issues to the floor if donald trump would sign them and thats a hard line and im glad hes sticking to that and steve are there any details on the infrastructure number i know that theyre talking about including that in there but if you heard any numbers. No i remember you and i after the state of the union discussed that it will probably come down to two hundred. Two hundred Millio...

In the meantime, this is what im looking at. The euro having a little bit lower. Spain continuing to be on edge after its Prime Minister moved of thethe authority region. The nikkei up 1. 11 . Sent thees election region to elect to a record. Thats your market check. Lets get to the bloomberg first world news. Catalan separatists are meeting today to formulate their response. Catalan president is set to be ousted, but he vowed to fight on. His allies are signaling he could be declaring independence this week. Rex tillerson is calling on european allies to support new sanctions on iran. He is wa...

A look at where european equities are trading, 30 minutes away from the end of the wednesday session. Stocks rallying across the board. The stoxx 600 up for the fifth day. August the 10th 2015. The gauge still 4 below the april 2015 record. All of these currencies are falling against the dollar. We are awaiting the fed and the next fed chair nominee. That could happen maybe we are hearing in the next day or two. We will see if that the two realizes. Lets shares were lower and recovered most of their losses and now they are up. 3 today. Expect Earnings Growth to remain at the same paste. Same p...