Good morning, everybody. Welcome to squawk box on cnbc. Im becky quick with joe kernen and Andrew Ross Sorkin well start with the markets after the dow fell for the first time in four sessions. Airlines, cruz and retailers all fell during yesterday sessions those have been the volatile stocks if you look at u. S. Equity futures this morning, youll see green arrows the dow indicated up by 28 points nasdaq up by 24 and s p up 4. 5 yesterday, the dow was down 170. During the course of the morning, we were watching the futures and up as much as 250 in the morning. Weve been keeping an eye what is happening with the treadsry markets. Right now, it looks like that 10year yield is just at 0. 71 andrew good morning. Thank you. United states pulling out of talks with europe to tax tech giants Steven Mnuchin saying international talks have hit an impasse and there wasnt even room for an interim deal it threatened retaliation if they move ahead with plans of their home a number of European Compan
We welcome you in different localities around a beautiful and recovering new york city. You see that on the stock market this morning, with equities up nicely, and yields higher. Safe havens a little bit in retreat. Jon, what is your observation on a tuesday as we move through the week on how this market is doing . Jonathan the focus quite clearly, reopening. Views are still polarized because the near term are so binary. Either reopening is a success, or it fails and we get a second wave. It is one or the other in a nearterm, at least. Tom one of the things that is so important is when i look at the recovery that we are in, it is predicated on the next round of stimulus. Why do i need a round of john norman at j. P. Morgan is telling me we are in some form of recovery . Lisa a lot of people are expecting the federal government p enhanced Unemployment Benefits. There is expectation baked in that that will continue. My question is, how much pressure will they be on washington to continue
With some cemeteries refusing to accept the dead plus. Short d. M. U. Dead. A chilling warning from the philippines president anyone who violates the lockdown. Welcome to aljazeera a 6 week old baby in the United States is amongst the latest victims of coronavirus as the amount of people who are infected around the world approaches 1000000 in the u. S. Theres been more than 5000 deaths and Vice President mike pence has compared the situation to italy which has been overwhelmed by cases President Donald Trump is considering limiting domestic air and rail travel between hot spots but hes resisting calls for a National Shutdown even as infections pass 200000 state governors are pleading for more equipment to tackle the outbreak but federal stocks are said to be near empty like hanna has more from washington d. C. A number of u. S. Governors have been pleading with the federal government for more medical supplies in particular ventilators a state like new york says it needs as many ventila
Pentagon to allow his cruiser leave the infected warship. Greece quarantines a migrant camp after 20 Asylum Seekers test positive for the virus. And a Pakistani Court overturns the magic conviction of a man accused of killing wall street journal reporter daniel. Im joining us though with the sports top tennis players say they devastated out of this years Wimbledon Championships a cancelled but the delay in the season is also leaving many players financially. Now spain has just recorded a record jump in daily deaths from corona virus anywhere in the wild 950 people as weve been saying have died in the past 24 hours bringing the toll there to more than 10000 with another 8000 people infected in the last day the number of confirmed cases its now surpassed 110000 these latest numbers put spain on par with italy well now most are rare is joining me live from madrid even more sobering figures today not only a new record for spain but the while too. 150. 00 coronavirus dead in spain seems yes
Restrictions on doing business with the government. Developing news this wednesday has come out of libya where the internationally recognized government has pulled out of ceasefire talks in geneva after warlord Khalifa Haftar forces attacked the port in the capital tripoli at least 3 people were killed in the assault on the port which is a major entry point for supplies food fuel all of these things coming into libya and there are warnings of major disruptions to schools hospitals and power stations his forces say the target of the shelling specifically was and he has repeatedly launched these assaults on tripoli going back to april the tripoli based government insists the u. N. Mediated talks cannot continue until the worlds takes a quote clear stand on what it calls after violations lets start with this report james bays our diplomatic editor is at the talks in geneva. The port in the libyan capital tripoli under attack general half his forces carried out the rocket strikes about the