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The impact on the markets. Fed chair jay powell steeping out on cap hill. He signals the fed will keep raising rates. On that note lets go to senior economics reporter Steve Liesman for more highlights. Thanks very much. Yeah, fed chairman Jerome Powell in his first testimony before Congress Says that he doesnt believe this is going to happen, but one of the risks out there is an overheating of the economy. And he opened the door in a very subtle way to a possible fourth rate hike. Saying, you know what, the economy is strong. Weve had fiscal stimulus. His view on the economy strengthening as ...

We now given them the tools to go out and win theyre coming back. I believe i brought hundreds of billions of dollars with me. They would never have come in fact, in the opposing party had won the election, you would have had tremendous new rules and regulations put on everything and other things would have happened and instead of going up almost 50 , your stock market would have fwoen down 50 i really believe that. The dhangs to our business tax is expected to raise average Household Income by 4,000 roughly three million workers have already received tax cut bonuses and raises totaling thousa...

Got the jobs number a half hour ago. European markets have been negative lets take a look at how they are doing at this point. They perhaps have been tipping us into a negative territory and they continue to be by a roughly percent. 10yr new yield, thats a key, of course, look at that, 2. 822 people are keeping an eye on that after that jobs number. There is a look at crude oil back over to you, carl well start with the road map with futures pointing sharp lilo ly lower today the s p 500 could post their worst week in nearly two years apple reported weaker than expected revenue guide numbers j...

Almost every day these Large Companies continue to beat expectations and their stocks hit new highs. Some of the things that stuck out to me today, transports came off. Theyve had this incredeible run this week, they took a break u. S. Stocks did well s p up 4 this week, but International Cons to outperform the all country world is up 1. 7 on the week and the eem is up 2. 6. Hang sang, new high new highs in staples, which is an area no one is talking about this week then the big stuff. Intel is is breaking an 18year high september of 2000 is the last time they broke these levels there is no re...

Somewhere, and i promise to help you find it. Mad money starts now hey, im cramer. Welcome to mad money. Live from minneapolis. Other people want to make friends. Im just trying to make you some money. My job is not just to entertain but to educate and teach so call me at 1800743cnbc or tweet me jimcramer. We got rocked today. And we need to talk about the significance of this break down. By no means was this a garden variety selloff. Not some shrug your shoulders no harm no fall selloff nasdaq plummeted 1. 96 how do we get hit with such a brutal decline if you are experiencing such a placid m...