Stocks start the week with the a bang, as the Dow tops 18,000. Plus, Netflix and IBM earnings are on the way. Catch the Final Round with Jen Rogers and editor-in-chief Andy Serwer.
Netflix, IBM after the bell
After-hours action include the highly anticipated reports from Netflix and IBM.
JPMorgan and Detroit
The financials have a had a better-than-expected earnings season thus far, and one area of improvement is lending, which is aiding recovering cities like Detroit. Of note, JPMorgan Chase is going to invest $100 million to revitalize Motor City. Andy Serwer spoke to JPM CEO Jamie Dimon and Detroit Mayor Mike Duggan on how the company is aiding the city's comeback.
Betting on Zero puts focus on Ackman, Herbalife
The ongoing drama between nutritional supplement maker Herbalife and hedge fund activist Bill Ackman is now playing out on the big screen. The new documentary, Betting on Zero, follows Ackman’s three-year campaign against Herbalife. It premiered at the Tribeca film festival last week, with sold out performances. The director, Ted Braun, joins us to discuss the film's inside look at activist investing.
- We'll get a read on the housing situation with new starts data for March. The prior month saw nearly 1.2 million new housing starts.
- We'll get big earnings reports from Dow components Intel, Johnson & Johnson, and Goldman Sachs.
- Finally, polls open tomorrow for the New York presidential primary elections. Donald Trump is widely expected to dominate on the GOP side, whereas Hillary Clinton is expected to have a narrow victory over her rival Senator Bernie Sanders.