Welcome to squawk box. Im becky quick along with joe kernen and Andrew Ross Sorkin. Futures are indicated higher this morning, triple digit gains for the dow up by about 167 points but yesterday was a big down day for the markets. Dow was down by over 400 points, 1. 4 the s p and nasdaq done evz nasy even more. This morning s p indicated up by about 25 and nasdaq looks like it would open up by over 100 points fairly significant obviously everybody watching what will be happening with the stimulus talks with the deadline that nancy pelosi has said for later today. Lets take a look at the treasury markets ahead of that, you will see that the ten year looks like it is yielding 0. 777 so a little stronger yields for the treasury markets right now but andrew, obviously washington is where people are watching and that is exactly where well go because House Speaker nancy pelosi and Steve Mnuchin are saying that they are making progress in their latest stimulus talks with time running short of
Commissioner to see if she needs help. President bernal with the quorum present, we move on to the next item. The approval of the meetings of the minute of september 1st. Wrong date, im looking at the minutes. The minutes of the meeting of september 15. Upon reviewing the minutes and without amendment, do we have a motion to approve or any amendments from the commissioners . So moved. Second. Before you all vote there is nobody on the Public Comment line, so there is no need to take Public Comment. I can take a roll call vote, commissioner. President bernal yes. Commissioner green yes. Commissioner chung yes. Commissioner chow yes. And lets see if okay, i will call her as we move into the next item. That looks like the minutes passed. The next item is the directors report. Director colfax. Good afternoon. The director report, grant cocolfax. One item of note, september 30, state department of Public Health released details regarding a Health Equity metric to help continuing efforts to
Back to an eight day holiday. They are putting much playing catchup. We have gains across the board. Shanghai is up 1. 6. These services pmi rising for a fifth month. The you on getting 6. 73 versus the dollar. This was stronger than expected. This is a weak dollar story. Some yen strength there. The bank of canada governors has negative Interest Rates remain an option. Courts seems like a lot of the action is in the shanghai markets here today given that robust reopening after the eight day holiday. We will speak exclusively to the Everest Medicine ceo. This is 27 right now in its debut in hong kong. The Trump Administration signaling that the administration is again leaning toward a largescale stimulus bill. That comes after nancy pelosi pushed back on the idea of peace for a. She is excepting refusing to accept help for airline without wider bill agreed. We want to help the airline workers. There is legislation that we had ed the cares act that we hope we could continue for the next
On this stuff. You all remember you are watching this that you had a bunch of folks showing up at the State Capitol with guns because governor was trying to protect people from covid well we are proud of her. Oh yeah, i wish we have so many more voices here but, as you can see, the role of the attorney general, expansive sony things and as soon as you said republicans are trying to entice covid we are seeing a shout outs, we need an attorney general in texas and in florida. We know and we need you to help us with that. I do want to switch gears a little bit. I want to talk about daca and what general becerra has done out in california. You lead the fight to protect the daca program from trump and the chance to illuminate it entirely. Can you share why this fight is so important to you . It is to me. But it also appears that this has been a [inaudible] continuing on their attack on dreamers. What steps come next to preserve the daca program . For me this was a very personal case, being
Investment savings again as tensions continue to rise. Selling underway this morning. Dow futures down 50 points duh the nasdaq is up 4 and a quarter. S p 500 right now down 3. Growing concerns over coronavirus spikes and what it could mean for the recovery fueling a selloff yesterday. Nasdaq and s p 500 snapping 5day winning streak with declines in double digit. Facebook not getting a like. Walmart says retailer reportedly to offer freeday delivery and customers willing to pay a 100 a year. Defund police, this as crime is rising across america. We have you covered coming up at 7 30 a. M. I will speak with new york city mayor Rudy Giuliani, dont miss that. Secretary of Homeland Security chad wolf will join me. Secretary is live at 8 30. Mornings with maria is live right now. Global markets this morning are mixed. Take a look at european indices across the board. Dax lower by 86. Uk finance minister announced that the latest Recovery Plan lathe today later today is expected to open pubs