Started arresting protestors ahead of the Third Straight weekend of protests in Hong Kong Shanghai composite finishing the day in red european european equities here we are higher across the board german dax is up by almost 1 and almost 1 gains in france as well as for treasury yields, amazing to think that the ten year yield was at a three year low earlier this weekend 1. 443 were now at 1. 526 with the two year 1. 544 so the inversion remains exact. A new journal piece says that states attorney generals are taking issue with that proposed opioid deal with purdue. It will settle with a 2 billion settlement it will link much of that with future sales of oxycontin. Some states want the family itself to guarantee a larger cash payment up front. Others didnt like parts of the plan that calls for purdue to claim bankruptcy and emerge as a Public Benefit company theyll ask for an update today about where negotiations stand, he said he wants at least 35 states on board although a deal can move forward without meeting the threshold. As part of the deal to buy fox, disney sold its stake in the yes network to an Investor Group that includes amazon they required the 80 stake of yes that wasnt already held by the yankees. It was valued at about 3. 5 billion chinas version of uber is preparing to launch a robotaxi service. Users in shanghai will be able to hail Driverless Cars from the app. The vehicles are designated as level 4 which means they have a high degree of autonomy but a human back up drive could still take control if necessary. Didi didnt say when the Pilot Program will start. In every county in florida theres a state of emergency as we prepare for what may be the strongest hurricane to hit that state in nearly three decades. Catlin joins us now with more. Good morning good morning. Were continuing to keep an eye on dorian. A category 2 storm with the sustained winds at 105 Miles Per Hour currently sitting at 260 miles east northeast of the southern bahamas now it will continue that north westerly motion as we head throughout the day today but then High Pressure will build to the north and that will push dorian farther west toward the florida coast as we head toward the start of next week that being said, there is still a lot to be determined and exactly when and where we can expect landfall if we can expect landfall theres still a few scenarios that keep dorian out to sea a bit longer it will continue to push toward florida. The bahamas under the gun as we head through the second half of the weekend as well. So lets talk about the latest and what we know new this morning. Now hurricane watches are in effect for the northwest bahamas they are expecting it saturday and sunday dorian a category 2 storm, expected to become a 4 before possible landfall early next week and theres still multiple scenarios in play. What you need to know if you live in florida, the time to get a plan in place is now thats the latest on Hurricane Dorian, back to you. Thank you well be checking back coming up, the new developments of hong kong overnight as a pro democracy activist and weekend protests were cancelled. Well take you live there. What is this four Straight Days well be above where we were in the averages when the latest round the latest trade war were once again back closing and not that far from all time highs. We head to break, heres a look at the biggest premarket winners and losers were talking specifically about the dow. Kevin, meet your father. Kevin Kevin Kevin KevinKevin Kevin KevinKevin Kevin Kevin trusted advice for life. Kevin, hows your mom . Life well planned. See what a Raymond JamesFinancial Advisor can do for you. Introducing a razor that works differently. The Gillette Skinguard has a guard between the blades that helps protect skin. The Gillette Skinguard. Was in an accident. When i called usaa, it was that voice asking me, is your daughter ok . Thats where i felt relief. Were the rivera family and we plan to be with usaa for life. See how much you can save with usaa insurance. See how much you can save that could allow hackers devices into your home. Ys and like all doors, theyre safer when locked. Thats why you need xfinity xfi. With the xfi gateway, devices connected to your homes wifi are protected. Which helps keep people outside from accessing your passwords, credit cards and cameras. And people inside from accidentally visiting sites that arent secure. And if someone trys well let you know. Xfi advanced security. If its connected, its protected. Call, click, or visit a store today. A very highly anticipated protest this weekend protestors remain defiant and they say theyre going to turn out to the streets regardless. That raises even more conflict between police and protestors. Protestors last weekend resorted to throwing bricks and cocktails. Police for the first time pulled out the water cannon and fired a warning shot into the air and even pointed the weapons directly at the protestors now all of this is unheard of. Hong kong instability and order. Ominous distinct for the protest taking place here in hong kong in fact, now everybody here is asking how will these protests end . In violence or in peace . Melissa. Chris, thank you. At least right now, who knows. Anyway, stocks push higher on this and i dont need to go into what happened, right its the only one set to end the month in the green utilities, real estate and Consumer Staples are worst sectors, Energy Financials and materials. Cio, cetera. And president and cio at nation shares, our guest host this morning. I saw something in the notes low Interest Rates are good for stocks, are they not earnings are great for stocks and we had a really good earnings season. We had a nice quarter. Most people expected to see Earnings Growth and they would say earnings arent growing. Were having a couple of great years. We had a little bit. The problem is the other 10 of the equation its not trade of whats going on in hong kong or dorian. Overtime, you have to, you know, get through the week you know who they are look at them and one guy in particular, one where the s p is 180 one where the s p is kind of flat at 165 of earnings and one where you see a 10 or 15 drop a you have a wide range of where it could be by the end of the year. The problem is how much lower can rates go we dont want to see it. And more easing. Nobody likes whats happening but we just keep moving along. And you think the fed does continue to ease is that your view . We think so its obviously very important. Everyone hates this economy. No one believes in it but in our opinion its going to muddle along for a long time. See think about who hates it you have Bond Investors pushing yields lower and inverting the yield curve. Look at Equity Investors throwing volatility much higher and even commodity investors are doing economically insensitive trade by buying gold and selling copper even the fed think about the fed. They sprayed raid on this cockroach economy nine times in the last three or four years and now they dont believe its going to last. Were worried about the fact that the fed funds is trading higher than the treasury thats something that suggests that the market wants more rate cuts than the fed is really talking about. So you are saying, youre getting ready to pop out and were not there yet. Yeah. Remember, joe, we talked about being cautiously optimistic. One thing that were watching, volu volatile ti voltai volatility is super dovish were just cautious and telling our advisers clientds to really look to take some profits. And its a 6040 investor. And stocks 17 in bonds. And diversifying and up 10 this year and within fixed income fixed income is your safety of a portfolio but yields have been so low for a long time everyone has been jumping in with high yields. A lot of the things that you cited in terms of where we have negative yields, the rotation from industrial medals to gold, all of those things point to a slowing Global Economy at some point doesnt the u. S. Economy get hit by a slowing Global Economy and with tariffs go into effect on midnight on sunday, shouldnt corporate profit numbers be adjusted accordingly at least for this Third Quarter. Well, i think they have already. Of course we have gone from basically 3 growth a year ago or so to about 2 right now and when you look at the details, exports have clearly weakened and we have been seeing slightly negative export numbers and along with that manufacturing section is weaker but the overall economy while slowed has obviously not collapsed. Thats where we are. And Going Forward, if theres enough of a hit to confidence broadly and equity markets then that could drag us down a lot lower but as of now, trade tensions remain a bit of a drag, Global Growth remains weaker but it hasnt completely collapsed then we could continue to get more of the same of 2 type growth which would be consistent with what you have been saying there but for sure theres vulnerabilities here and with the trade tensions and with the global numbers still being on the weak side. Scott, how do you assess how we enter the month of september . Unfortunately we know that volatility is lumpy. It gets volatile and stays volatile for awhile. Well have to put up with that we do have good news on the trade front. The spokesman for the Chinese ForeignMinistry Today earlier today said some things that sounded conciliatory that theyll continue to talk. Right now thats all the market wants is for them to continue to talk. Were going to end it there keep saying lumpy. Thats what happens when you get to our age, scott. You go back i wish we had pop up video so that we can have the definition of things that youre talking about. Because half the time, i think people have no idea. You can be a little bit hard on jerry mathers. Oh. Leave it to beaver. Now i remember so you do remember . Well, its not like the forefront of my brain. A lot of things going on. You didnt know about that . You should have known. Maybe i missed that good response the question is, did eddie haskel was he a cop or a porn star thats the real question anyway does one procollude the others no, there were rumors that there is a policeman. I dont know if hes happy with how he spent his life or not. How about you . Are you good thank you, youll be here for hes like keep me out of here when is this hour over thank you. Well tell you how tariffs and the falling yuan are taking a toll on tesla, thats next at fidelity, we believe your money should always be working harder. Thats why, your cash automatically goes into a Money Market Fund when you open a new account. And fidelitys rate is higher than etrades, td ameritrades, even 10 times more than schwabs. Plus only fidelity has zero account fees and zero minimums for retail brokerage and retirement accounts. Just another reminder of the value youll only find at fidelity. Open an account today. Introducing a razor that works differently. The Gillette Skinguard has a guard between the blades that helps protect skin. The Gillette Skinguard. Its more than 2 . Its currently all cars it sales in china its estimated that it sold more than 23,000 cars in china through july tesla is building its first overseas factory in shanghai its due to start production later this year. The Company Expects to build about 3,000 model threes a week. Marvell technology. Shares are down sharply. Second quarter profit in revenue topped estimates on strong sales of Network Equipment but the company sees Third Quarter revenue falling below forecast as the u. S. Ban on selling parts to huawei hurt the chip maker. The ceo said they also anticipate a worsening Macro Economic environment shares of Semi Conductor company ambarella are surging. The Company Reported better than expected earnings. The outlook is strong despite Geopolitical Uncertainty coming up, more big stock do you want me to sing it yes, please. I called your bluff. Anyway, we got more movers to talk about well tell you about cosmetics you know what im talking about. Do you see this . Ulta. Do you see the percentage loss 20 in the after hours yesterday. You dont want to get up today. It is, okay computers in a Discount Retail right after the break and then later, Jeff Sonnenfeld will join us to talk about trumps trade tactics and the push back from ceos as we head to break heres a look at yesterdays s p 500 winners and losers through the at t network, edgetoedge intelligence gives you the power to see every corner of your growing business. From finding out whats selling best. To managing your fleet. To collaborating remotely with your teams. Giving you a nice big edge over your competition. Thats the power of edgetoedge intelligence. Great riches will find you when Liberty Mutual customizes your car insurance, so you only pay for what you need. Wow. Thanks, zoltar. How can i ever repay you . Maybe you could free zoltar . Thanks, lady. Taxi only pay for what you need. Liberty. Liberty. Liberty. Liberty. They do this. Thats chicago this is the syrupy sweet, they started with great promise i dont know if you remember we had gene goldman from there thats why were doing this. Anyway no i appreciate it i think its fun we all i like it. Its friday its labor day, right . Labor day weekend, yes. Dont come to work on monday. Do you know what that means its a four day week next week so not only do you get monday off and the three day weekend, but you also only have to work four days. Thats how it works. Thats the best but instead of a friday off. Id rather have a monday off. Good morning. U. S. You too, right u. S. Equity no, i think you like working 8 hours a day or 6 hours a day. How many are you doing today . Three shows today. Doing three shows today. You could have said no. No, i cant say no. Why would i say no. Its why were here, right . Thats why were here to be on tv u. S. Equity futures at this hour are indicated up about 190 points after yesterday kept Getting Better and better and then the day before, we made up all of those losses from last week and the trade war is not settled so figure that out everyone that thinks that the market is ive had people say that the trade war has ruined the economy and ruined the market and they point to the market he wrote the editorial the market isnt down. The market is off from its highs, what . 2 yeah. 2 . Ultra beauty shares are plunging after Second Quarter results missed forecasts the cosmetic retailer is cutting its profit outlook and warned shares will slow this year citing a drop in the sales of Color Cosmetics. Shoppers spend more on skin care and other products so thats an 82 we have seen this trend before in the other sort of cosmetic makers, cosmetic retailers. The troubling thing is that the ceo said the trends in terms of buying cosmetics because there arent any big trends right now, fax trends is that things got worse in the past few weeks. So thats what you dont want to hear you dont want to hear things got worse in the most recent few weeks of the quarter so were seeing that. Its been a heck of a now, where are they are they in malls or is it a different than sephora do you know . I believe theyre in malls and trstrip malls. Got nothing on this you got the fed. How is the fed effecting is the yield curve effecting ulta well, ulta, im not sure. I want to buy a consonant and make it ultra. We already have retail sales data between q2 so thats strong and this morning were going to get personal income and spending for july and pretty strong Consumer Spending number for july and despite that the numbers on the consumer side are pretty good. Thank you, jim, well talk to you more in a second Second Quarter earnings beat forecasts on higher demand for desktop computers. Lower demand across industries in china but it offset that by focussing on higher margin deals in the country a new journal report says activist investors are circlie groupon pushing for a stock buy back or sale of the company. Investors and outside groups have been increasing their positions or aligning to gain influence. Company stocks have been declining since it hit an all time high of 26 just two weeks after it went public way back in 2011 a far cry from there. 2. 57. You cant can you margin that you cant margin the 2, though. I mean, im not recommending that. Its getting closer by the day. Right. Coming up, 300 billion worth of chinese imports are set to go into tariffs on 300 billion of chinese imports set to go into effect on sunday well get you up to speed on the latest in the trade front. Stay tuned youre watching squawk box on cnbc want to freshen your home without using heavy, overwhelming scents . Introducing febreze one. It eliminates odors with no heavy perfumes, so you can feel good about using it in your home. For a light, naturalsmelling freshness, try new febreze one. Welcome back, u. S. Equity futures at this hour are sharply higher indicated up triple digits again 186 points on the dow after a good session yesterday on thursday and the day before. The s p indicated up over 20 nasdaq indicated up about 54 treasury yields backed up a little bit today and its probably a little bit of strengt