it is 5:00 a.m. here at cnbc global headquarters and here is your "five@5." i'm frank holland. we begin with investors looking to close out a wild week with the s&p at the all-time high. the stocks are set to do something for the first time since the 1960s. jay powell not mincingi wors in the second day of testimony. showing a clear vision. president biden in the state of the union laying out his case for the second term and the economic achievements.

we have thetake away. the tesla tumble as a new stock takes its place. getting set for the final jobs report before the next policy decision. the key demographic driving the higher trends. it's friday, march 8th, 2024. you're watching "worldwide exchange" right here on cnbc. good morning and welcome to "worldwide exchange." thanks for being with us. we will get you ready for the trading day ahead. we check the u.s. stock futures with the s&p coming offanother record close. futures are green across the board. dow opening 20 points higher. the nasdaq moving higher right now up over .30% in the pre-market. we are looking at the gainers on the s&p after yesterday's record

close. take a look. a very big concentration on tech. nvidia at the top up 3% in the pre-market. intel and micron in the list. adobe down here as well. also this morning, we are seeing 81 s&p stocks trading at 52-week or all-time highs. the highs are broad based across industrials and materials and more. we are checking the bond market as well. the benchmark as well at 4.07%. it has fallen 15 basis points from the start of the week. similar story for the long bond which is a read on inflation exe expec expectations. we go to gold. it is continuing the record-breaking rally. gold trading at $2,175 an ounce. you see the run-up here. this is since 1973. huge run-up since december 30th

of 1973. gold is up over 1,700%. that's the morning money set up. attention back to the markets. s&p and nasdaq with the all-time highs yesterday. jay powell says the fed is just not far from a move and the ecb strikes a dovish tone. the s&p is up 1% this week. if it holds these gains, it would have posted gains in 17 of the last 19 weeks. that is the first time that has happened since 1964. the focus on the monthly jobs report. investors look at those numbers for insight into a rate cut. let's bring in robert teeter. great to have you here. >> great to see you, frank. >> s&p hitting a high. nasdaq hitting a high. you are focus odd valuation. you are focused on trailing

12-month valuation for the s&p coming in 23 times. you said that means we have to have a cut. why? >> we have seen it in treasuries as you pointed out with the yields coming down the past few weeks with the rally going on and broadening out. expectations are for a fed cut in june. that is required to keep the rally going. the longer the fed waits, the more pressure it puts on the economy and valuation. we are dependent on the rate cut in the summer to keep the rally going. >> you are saying we are dependent on the cut happening in the summer. it is keeps getting pushed out more and more. does it matter how deep the cut is or the fact we get a cut? >> the fact we get a cut under way. you look at the year ahead and expectations of where fed funds will be, i'm 100 basis points lower. once that rate cut cycle is

univer under way, you can get more comfortable in valuations. we thneed that rate to keep the rally going. >> the state of the union address from president biden last night and he focused on the strength of the economy and low unemployment. you are looking at a relal-time number from the atlanta fed. the read came in before the state of the union addressed was scheduled. it came in at 2.5% growth for q1 of 2024. what does that mean for the economy and market sentiment? >> that is a positive signal. we will get more indication on that with the payroll numbers this morning. that is where the strength is coming from. consumers have more income and the economy has been more resilient than people have predicted with the jobs continuing to grow. that level of economic growth at 2.5% is positive for earnings. that puts you in a world of high single digit earnings gains with

that gdp growth. that continuation of job gains is important for the economy and earnings. >> robert, first crack at the question i'll ask a number of guests. the job report coming up later today. are we back to good news is bads in if this comes in hotter than expected? does that give you a concern with the rate cut in june? >> i think we need to see a bit of economic weakness. we heard powell say he is ready to cut on the basis of not being overly restrictive. he wants to see strong jobs and inflation coming down. >> robert teeter, thank you. >> thank you, frank. turning attention to washington, d.c. president biden vowing to raise taxes and announcing the plans to hike corporate minimum taxes and cut deductions for executive pay.

president biden proposing a new tax credit to help americans buy a first home or trade up to a larger one. the measures are part of the budget plan to lower the deficit by $3 trillion over ten years. >> i'm not anti-corporation, but i grew up in a moment where trickle down economics did not put much on my dad's kitchen table. i vow to turn things around so middle class does well. when they do well, the poor still does well. >> let's talk about the big take aways from the speech. courtney gilman is here with from strategas investments. >> good morning. >> you believe the style in which the president delivered the state of the union was substantial for investors and may be more important than what he had to say. how do you think investors will view the president's performance? >> we believe there may have been proposals that president

biden discussed last night which may have surprised investors. the important thing is the delivery of the speech. we think it provided some buyancy to the candidacy. >> you run two different portfolios. one is a republican policy focused portfolio and you have a democrat policy focused portfolio. on the democrat side, you have infrastructure and green energy and tech and cannabis. the republican portfolio is out performing the democratic one. do you see this leading to a shift and where investors are putting their money? will they put more in the infrastructure? >> year to date, we have seen a narrow out performance from the republican portfolio over the democratic portfolio. the portfolios are not telling us too much right now. it does look like a 50/50 race when we run them against each

other. we see investors having a hard time price in the election with the issues with the candidates. age and criminal cases and unfa unfavorability. there are probably firm investors which are optimistic about his candidacy and the optimism of winning the election. there is a boost to the biden companies. we see going into any election, we see stocks leveraged to the candidate moving. we saw that in the midterms with green energy. i expect green energy to move with investors with how they are thinking biden will do going into the election. we expect energy and cannabis moving over the next couple of months. >> msosetf up 3%. courtney gelman, thank you. a long way to go before november. w

we'll have you back. thank you. we have more to come on "worldwide exchange," including the one word investors need to know today. first, the stock taking tesla's place as elon musk's company has fallen from grace. and the stocks that goldman sachs thinks will have major upside ahead. later, the big money movers and why the digital pen is mightier than the sword. a very busy hour when "worldwide exchange" returns. what if one partner could do it all? that partner is ontario, canada. with all the critical minerals to make electric vehicle batteries. 65,000 stem graduates per year. one of north america's largest i.t. clusters. a fully integrated supply chain. all powered by one of the cleanest grids in north america. ontario. your innovation partner. ( ♪♪ )

welcome back to "worldwide exchange." a market flash from japan. reuters is reporting that the bank of japan is considering ending the negative rate campaign as soon as april. let's see how europe is shaping up as its trading day is under way with arabile gumede in the london newsroom with more on the early action. arabile, you didn't tell me we were wearing black today. you are supposed to tell me. >> frank, it is an every friday thing. i do this look every friday. if we are doing market reports on friday, you will find me in it. nonetheless, let's get into the market picture. you are looking for black, we are in the black for markets across europe. it is really the ftse 100 and dax that are actually in negative territory.

hellofresh is a decliner with the german market. around 40% weaker on the back of the profit guidance dip you are seeing. it is a big fall on that front. overall, a mixed picture. the european central bank decided to keep interest rates unchanged yesterday. d downgraded the inflation forecast for 2024 which is good news for those looking at the inflation print to see when the next cut or a cut in interest rates would come from the ecb. it looks like june is the date. the market has priced in that significantly. if we stay on the equities front, specifically on the sectors, this is what is moving things along. you will take a look at the retail space on the back of the hellofresh story and then financial services managing to move a little bit higher. if you take a look at the healthcare stock, that is down marginally on the back of novo nordisk. they are pulling back in pre-market trade. particularly after surpassing tesla in market cap on positive

early trial data. it is on the nordic trading picture that novo nordisk beating out tesla. not necessarily on the u.s. listing. that is quite significant as well in the market movement trade. happy friday, frank. >> arabile, thank you. arabile gumede. we will go to our big money movers. costco shares are under pressure this morning. the big box retailer missing holiday revenue expectations despite growth and sales. customers spent more time on shopping trips in the quarter. they added sporting goods and gardening. they will have falling freight costs. mongodb issued weak guidance and it invests in key products and go to market initiatives. shares down more than 8%. docusign popping.

the company offering strong guidance for the current quarter driven by enterprise and small business customers. i.t. spending is improving and strong billing figures were faster than expected. speaking of the big money movers, our colleagues are highlighting stocks that have more room to run after notching solid gains. looking at the goldman sachs note and others, they found allied financial and shell and tesco have more than 30% upside potential. first solar could surge 67% this year. for more and other stories like this, head to cnbc.com/pro. coming up on "worldwide exchange," a key beneficiary of the key bipartisan law is up since president biden took office. we speak with the ceo next.

he will tell you why trehe is more room for the stock to run. stay with us.

welcome back to "worldwide exchange." shares of wesco this morning are closing 3% higher from the upgrade from oppenheimer. the full-year guidance with the mid range above estimates.

it supplies electrical com components for businesses. joining me to discuss his outlook for the supply chain is john engel. john, good morning. >> good morning, frank. pleasure to be with you. >> you are having a bit of a busy week. you had the upgrade from oppenheimer esterday. you released updated full-year guidance and you released the common stock dividend under 38 cents a share. what are you seeing in the business? you have a lot of confidence going forward. >> we're a leading fortune 200 distribution and supply chain management company. we had a great run over the last three years. you mentioned three strong businesses. our future outlook and current momentum is fueled by

infrastructure and public sector investments along with the strong secular growth trends. a.i. driven data centers and electrification and utility investment with generation and grid modernization efforts as well as near shoring and re-r re-shoring to the u.s. global supply chains are impacted. we see a shift back to the u.s. which bodes well for the u.s. market. >> a lot of tailwinds for the market. you mentioned public investment and infrastructure. i want to play a sound bite from president biden in the state of the union address. i want your reaction on what he had to say. >> my policies attracted $650 billion in private sector investment. in clean energy and advanced manufacturing creating tens of thousands of jobs here in america. thanks to the bipartisan infrastructure law, 46,000 new

projects have been announced across your communities. >> president biden touting some of the investments in infrastructure through his policies and private investments with the chips act. what does that mean for your business? where are you seeing the benefits or more revenue coming in? is it fiber optics or security? where is the impact? >> the u.s. market is the largest market in the world and it is showing resilience. these investments are occurring in all three of the businesses. first with our css business. fiber optic investments and broadband and utility and power generation and grid modernization. our electrical business with the overall electrification impacting the economy and industrial. it is the start of the industrial super cycle fueled by

near-shoring and re-shoring. >> john, we hear a.i. is the transformative force in every industry right now. today, right now, how is a.i. impacting your business? >> huge impact. positive. first with our customers. we serve directly the tech companies building out data centers. hyper scale data centers are the direct customers. we serve 90% of the fortune 900 companies directly. we have a leading global solution. a.i., more specifically, gen a.i. is an accelerate to the growth of data centers. is impa. >> john engel, great to have you here. thank you very much. >> thank you, frank. coming up, going for a clean shave. wall street looking to drop its 5:00 shadow with the hot new ipo reportedly getting banks on board for the debut.

if you haven't already, follow our podcast on apple or spotify or other podcast apps. more "worldwide exchange" coming up after this.

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ahh! it is 5:30 a.m. in the new york city area. there is more ahead on "worldwide exchange." here's what's on deck. the s&p hitting another all-time high. key to the market action today. the jobs report released as jay

powell signals they may be closer to cutting rates. and president biden addressing the difficult relationship with china in his state of the union address. it is friday, march 8th. you are watching "worldwide exchange" here on cnbc. welcome back to "worldwide exchange." i'm frank holland. let's get you ready for the trading day ahead and we pick up the half hour stock futures with the s&p coming off another record close. the s&p will open higher. in the pre-market, shares are moving higher. the dow would open up 40 points higher. the nasdaq easing back off the highs of earlier this morning. checking the gainers on the s&p after yesterday's close. nvidia at the top. shares up 3%. another chip maker, intel, in

there as well. alexandria real estate is up there. and apple marking the seventh straight day of losses. if you take out the pre-market action, the stock is down 6% over the last week. year to date down 12%. we have katie stockton stating if this stock breaks below the 100 support level, it will be a setback for shares. we have to continue to watch it. we are watching the bond market with the yields at the lowest level in three years. the ten-year yield at 4.07% which is down 15 basis points over the last week. similar for the long bond which is a read on inflation expectations. that is the money set up now. let's turn to the report coming out later today. the jobs report out at 8:30 a.m. the economists expecting hiring

to lower with non-farm payroll to come in at 198,000 compared to 353,000 in january. the unemployment rate expected to hold steady at 3.5%. the key for wall street here is the hotter than expected reading which could help the central bank's first cut in years. here is jay powell speaking to the senate on that topic yesterday. >> what we expect and what we are seeing is continued strongistrong growth. if the economy evolves over that path, we feel removing restrictive stance policy will begin over the course of this year. >> joining me now is stifel managing director lindsey

piazza. >> good morning. >> are we in a situation where good news is bad news if this jobs report comes in hotter than expected? do you think that gives the market concern about the cuts? >> i think if the report doesn't come in hotter than expected, and comes in on consensus, that perpetuates the notion of the solid labor market and gives the fed cover to remain on the sideline as it waits to see further improvement in the inflation data. the market consensus right now is for about a 200,000 rise. that is still very strong. it is a loss of momentum, no doubt, from the earlier out sized increase, but at 200,000, that leaves the moving average closer to 300,000. very much in line with jay powell's notion we are seeing a tight labor market and they can take the patient approach. >> we are seeing rising pages. we are showing the audience the

forecast with the 4.4% increase of wages. powell made it clear they don't need to see 2%, but more reports where the trend continues. do you believe that will not only give investors confidence, but the fed confidence to make the cuts in june? >> absolutely could. i don't think that is what we will see. if you look at the latest inflation data, not only are we bouncing along as opposed to seeing the dissflationary trend. waging are expected to remain well above 4% on the annual basis which per petpetuates the sticky inflation. to your point, the fed doesn't need to see inflation reach 2%

before initiating rate reductions. they want to make sure the momentum is clearly established to the downside and the latest data does not support that. >> lindsey, today is international women's day. one thing in the report is women ages 25 to 54. it hit a new high in the last report. bolstered to the shift of remote work and hours. what does that mean when you see more women back in the workplace? >> this perpetuates the market seeing improved conditions. it is pulling workers from the sideline, but women specifically from the sideline that were previously unable to participate because of elder care and child care or other issues. so we're continuing to see businesses increasing the incentive to move back into the labor market. this is a net positive

particularly when we talk about reshaping the participation rate back to the pre-pandemic level which could help to create a more sustainable level of growth in the labor market to continue to perpetuate this recovery in the u.s. economy. >> lindsey piegza, thank you very much. >> thank you. switching gears, the fed is not only looking at the jobs report, but inflation is top of mind as retailers close out another busy week of earnings. mastercard data shows spending is resilient following the holiday season. joining me now on the first on cnbc interview is the senior adviser of mastemastercard. steve, good morning. >> good morning, frank. >> thank you for bringing this report to us on cnbc first. i'm looking at the numbers. i have to say, i was taken aback here. we're seeing stronger growth than we saw during the holiday season. online sales up 9%.

purchases online of clothing up 14%. out pacing the broader number. what does that say clothes is up 14%? >> consumer is out shopping and they want newness. they were cooped up in january. we had tough weather in january. they want spring clothing and they are buying in store and online. you look at the 2% growth in the in-store retail, that is healthy. the 9% growth online is strong. apparel is quite good. restaurants are strong. what it is saying is you came out of the fourth quarter earnings season as you said with the consumer shopping and earnings why relatively healthy. most of the companies beating on expecting takes. this is now the first quarter of this year, 2024, and are you seeing the consumer is still shopping. >> 2% of in-store shopping is healthy. i want to lean on the experience

as formerly being the ceo of saks. mall retailers had a tough quarter. nordstrom and foot locker. macy's closing stores. what does that mean about the future of what used to be an american staple? >> now i'm talking about my own perspective. this is not mastercard numbers tore t or thoughts. the middle of the markets where the stores are sitting have to reinvent themselves. they are looking at different formats or different types of relationships with the vendors such as concessions. they have to change their game. the value players are doing exceptionally well. those are the number of brands that fit within that are tjx and ross and burlington are all performing well. the department stores have had a

tougher game. you will see changes going on. a number of brands in the middle, the department stores, are creative in what they are doing. i think change is what they need to be doing. >> i want to come back to the report. restaurants were up 6% year over year. over the last couple months, we have seen more people go to the experience as opposed to physical things. where is the consumer right now? credit cards are at historic highs with the rates and amount owed. where is the consumer and how important is it for the consumer to see the rate cuts? >> i think the consumer is stretched. experiences still matter. during the pandemic, people were stuck at home. they still are in the mode where they want to get out and travel. the luxury consumer is very much still experiencing restaurants and traveling. you see it in trying to get a reservation in new york city which is tough.

i think the consumer is feeling a pinch, but it varies by segment. the high-end consumer is tied to the stock market which is performing well. the lower-end consumer who has lost the support programs from the government is very stretched. >> steve sadove, thank you. your latest report shows online sales up 9%. in-store stopping up 2%. thank you for being here. turning attention back to washington, d.c. and president biden laying out his plans to further reshape the country's tax system and tout the economic accomplishments. the president reiterating his call for a so-called billionaire tax and pledging to end tax breaks for executive pay over $1 million. he used the state of the union to crackdown on junk fees and drawing a fine line on the growing competition with china. sd >> i'm saving american families

$20 billion with all of the junk fees i'm eliminating. folks at home, that's why the banks are so mad. $20 billion in profit. i'm not stopping there. my administration with propose rules to make cable, travel and utilities and online ticket sellers to tell you the total price up front so there are no surprises. >> i've made sure that the most advanced american technologies can't be used in china. frankly, for all of the tough talk on china, it never occurred to my predecessor to do any of that. i want competition with china, not conflict. we're in a stronger position with the conflict of the 21st century with china than anyone else for that atter. >> we will talk about the state of the union and how it is seen by investors later in the show. coming up, shares of marvell

and broadcom sell off. a look at the other big money movers coming up next. and netflix is taking a big right hook in the sports arena. it will exclusively stream mike tyson and jake paul's head-to-head in dallas. mike tyson's first fight since 2020. age proving to be just a number for rupert murdock set to get married for the fifth time. it is theis not just presid biden making a headline. george santos is seeking re-election again. he is the sixth member of orwi ehae"o be dismissed. "wlddexcng is back after this.

welcome back to "worldwide exchange." we start off with shares of gap moving higher. earnings coming in better than expected boosted by the old navy's return to growth in more than a year. the ceo citing the market share on "mad money" last night.

>> we exceeded top and bottom line market share. all of this is driven by the two largest brands. the efforts we are making is showing up in the numbers. marvell falling on the underwhelming forecast. it is warning of weakness and infrastructure and enterprise networking. a.i. is doing little to prop up the stock as they look to the the revenue decline in quarter. broadcom is leaving the revenue outlook unchanged after the first quarter results were unchanged. higher deal costs weighing overall on net income. shares down 2.5%. we have a market flash on the big story the last few weeks. the mood around new york community bank is changing.

moody's changing it to review from upgrade over review from downgrade. this weekend marks the one-year anniversary of the collapse of silicon valley bank and the shocks in the financial system. the biden administration is finding itself in a tough position to better regulate banks a year out. megan cassella joins us with more on the story. megan, good morning. >> good morning, frank. the push to raise capital bank requirements has been years in the making and one of the most concrete efforts to boost bank regulation since svb failed. the reporting shows opposition to the proposals is on track to delay finalization by what analysts say would be another year if not longer. regulators are left with two tough options at the moment. move forward with the rule as they have it with modest changes

or face litigation from big banks or they could withdraw and start over. jay powell acknowledged for the first time this week that that is a real possibility. >> i will say we haven't made that decision. if and when we get to that point and that is the appropriate thing, we won't hesitate. >> you won't rule that out at this stage? >> not at all. i think it is a very plausible option. it depends on how things lie when we reach that point. >> the bank policy institute tells cnbc they believe it is necessary to restart the process given the amount of changes needed to win industry support. frank, banks and fed officials have have been careful to note this

basel was pre-svb turmoil. this shows you how difficult it is to tighten bank rules. >> this is a big fight. basel rules are not the only point of contention. >> actually not. this is an adversarial time. there are lots of things they he a are fighting about. banks and lobbyists are gearing up for a fight although we have not seen the specific rules yet. we expect to see them in a few months. i will say one analyst told me banks have so far refrained from suing regulators, but we think this time could be different. >> megan cassella, thank you. coming up, the one word that every investor needs to know today and tech stocks our next guest says could provide

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welcome back. time for the "wex wrap-up." we start with shares of rivian looking to extend the 13% gain yesterday. it is pausing on construction of the factory in georgia and will

build at the existing plant in illinois. shares are up 2.5% in the pre-market. united healthcare services is coming back online after the cyber attack. parts of the network which handle payments and medical claims should be back online later on this month. federal regulators are investigating the boeing 777 max flight with stuck rudder pedals. nobody was hurt. china is working to raise $27 billion for its largest chip fund to date. the report says the move would aim to accelerate the cutting edge technologies to counter u.s. chip curbs. and razor maker harry's is making moves for a u.s. ipo according to reuters. it is tapping goldman sachs and wells fargo to prepare for the debut. the company was valued at $1.7

billion in 2021. shares of novo nordisk are looking to push deeper into record territory this morning after is surpassing tesla in market value. this is after positive trial data for a new obesity drug. shares of novo nordisk falling in the pre-market. up over 30% year to day. you will hear more from the ceo on "money movers" at 11:00 a.m. at 8:30 a.m. eastern today, the big market event of the week. release of the february jobs report. we get fed speak from john williams. he delivers comments in the 7:00 hours. the jobs report is the catalyst for the market as we close out the whipsaw week for stocks. the stocks are in the green. the dow would open 20 points higher. nasdaq off the highs of earlier today. for more, let's bring in tiffany mcghee.

good morning, tiffany. >> good morning, frank. >> it's been a wild week. jay powell on the hill. jobs report and state of the union address. a lot for investors to consider. also the s&p hitting a new record. what do you see happening today? what is your "wex" word of the day? >> my word of the day is indifferent. lots of chatter all over cnbc and other news networks about the state of the union. i don't think the market is moving based on the state of the union address. it was a spirited address. i don't think we will see any permanent movement around the election until closer to november. >> indifferent? i wasn't expecting that one. not worried about it either way. >> i think there are other headlines on the docket for today. jobs report. we have been talking about that all morning. it is moving the market today

over the state of the union. >> right now, you are looking at what moves you want to make going into march. we have guidance from jay powell. the cuts are coming, but it is not clear when. how are you moving portfolios? what are you looking at right now? what considerations do you have? >> i think we can look at what's been going on for the last few months. the fourth quarter earnings season has been strong. it is really good evidence that should support stocks moving forward. we look at the magnificent seven as we have been talking about for weeks now with a lot of the stocks are not really doing well. tesla, apple, google are all down. that may be a sign that leadership is broadening. maybe an opportunity for investors to diversify. of course, you have been talking about bonds today. it might be an opportunity or entry point for investors to look at longer duration bonds with the yield news >> you are looking to broaden

the portfolio in general. your picks are solidly in the tech space. one is broadcom. the other one is a chip maker. why buy these now? chips are trading close to all-time highs minus earnings. generally, chips are moving higher. why buy now? >> listen, i think you have to be in these stocks. i like the idea of diversifying. not putting all your money in nvidia. micron and broadcom are good ways to play the chip market. you look at micron and it is under performing its peers. the third largest supplier of chips. 23% of the market share. fifth largest supplier of nan chips. 11% of the market share. it is almost about year to date 16% in contrast to nvidia which

is sky rocketing. a bit of a sale comparatively speaking. when you move to broadcom, they beat on earnings. the stock was down. i think investors have been used to the nvidia-like news where the company's guidance is much higher. guidance was in line with the street. maybe we're just a little bit used to higher guidance. that was reflected in the movement of the stock. this is a good buying opportunity. >> i want to go back to the broadening of the market. a note yesterday referenced madonna with the material world. is that a sector you would put money into or is there another your eyeing? >> say that again? >> would you put money into materials right now or is it a different sector you are eyeing as you look at that broadly?

>> listen, when i'm talking about the broadening, i'm not talking just wherabout the sect. i'm really talking about di diversifying outside of the big name stocks. healthcare. i talked about that on the show. you know i love the promise and delivery of the glp-1 drugs. i think the healthcare is another sector i would look at as well. >> another sector to watch. tiffany, great to see you. that's going to do it for us. thank you for watching. we have quk x"omg next.o cinup have a great weekend.

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good morning. president biden outlining his plans to reshape the tax system and promising lower costs for americans. we have the big takeaways from the state of the union address. buy partisan panel advancing the bill to force china's tiktok to divest. and its jobs friday. hiring is expected to cool in

february after that red hot january number we he had. we'll tell you what it could mean for the fed and your money. it's march 8th, 2024. "squawk box" begins right now. good morning. welcome to "squawk box" here on cnbc. we are live from the nasdaq market site in times square. i'm becky quick along with joe kernen. andrew is off today. happy friday, everybody. >> yes. yeah. >> end of the week. all these weeks seem very long. >> they go fast, but they're long. >> weekends are short. >> it stopped raining. >> we'll take that. good morning. we have jobs friday. jobs report coming up. you can check out the u.s. equities. they are indicated higher after the gains we saw