It's Jim Kramer here. You're listening to the opening bell of CBC Squawk on the Street.

Don't miss a minute of the action. Good Friday morning. Welcome to Squawk on the Street. I'm Carl

Kintzineo with Jim Kramer, David Faber, Post 9 of the New York Stock Exchange. Futures wrapping up

an historic week in a prior day session that almost got us to S&P 6K. Invidia and Sherwin

Williams joined the Dow this morning. China stimulus under

Wilms again. Our roadmap begins with the big week for investors. Dow S&P eyeing their best week

in a year. The Fed cuts again. The chair stands defiant on the face of possible pressure from Trump.

Plus China unveils a new $1.4 trillion stimulus package.

It is designed to help shore its economy, particularly at the local level, but it may be short of many expectations.

And Nvidia becomes the first company ever to hit a market cap of $3.6 trillion, closing at a record high,

officially joining the Dow as well, along with

Drew and Williams this morning.

Let's begin with this post-election rally in the China stimulus, Jim, $1.4 trillion in a debt swap.

People are calling it more stabilization than stimulus.

I think that's right. I think that one of the things we keep thinking is that you're going to wake up one day

and they will do something nuclear to get this thing going.

And it's just not going to be that.

They'll keep doing things until it does go.

So those who are playing this game, you probably want to buy Alibaba

because it's down betting that there will be still one more.

They'll keep stimulus going, Carl, until they win.

And they have a command economy.

...