Market insight and analysis. You're listening to the opening bell of CNBC, Squawk on the Street.

Good Friday morning. Welcome to Squawk on the Street. I'm Carl Kington, Ian with Jim Kramer, David Faber at the New York Stock Exchange.

Futures up nearly 100 as we inch closer to all-time highs. Dow needs less than 180 to get there. Retail sales for

August pretty solid. Europe is green. Bond sell-off continues as the 10-year yield hits

183, and Michigan sentiment is on the way. Our roadmap this morning begins with records within reach.

The Dow aying eight straight days of gains on growing optimism around U.S. China trade.

Plus, we work's rocky road to an initial public offering will bring you the latest developments.

And the Democratic face-off, Warren, Biden, Sanders dominating the debate stage,

just what their plans could mean for your portfolio.

Stocks are chasing history this morning, the Dow and the S&P, each within 1% of hitting record intraday highs.

The blue chips in the midst of a seven-day win streak for the first time since May of last year.

You have signs of a healthy consumer. Government data shows retail sales up four-tenths in August, double expectations.

Core Jim was unchanged, looking for one-tenth.

But July, even after that upside surprise, revised hire.

They are.

Is this ever putting the pressure on the point?

I mean, Jay.

I think that Jay Powell is uniquely faced with a difficult decision.

You posted some stuff the other day about, hold it, you raised rates and the economy's not really being hurt.

So why should we just want to cut them?

I have been continuing to say that he raised rates too much, and I want to go for the full-on 3% unemployment, get those people who have, David's always

talked about, who are not part of the workforce, in the workforce. But frankly, this is going to

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