Dow indicated up by about 200 points, s p up by about 20 and nasdaq up by about 59. The dow closed above 26,000. S p was actually up about two points ant the nasdaq up about 32 treasury yields about where weve been 10year around 0. 7 . This morning, it is at 0. 715 overnight, twitter adding a warning to a post by President Trump. The tweet is a video of two toddlers running down the side walk that had been altered that said racist baby probably a trump voter. Twitter tagging that as manipulated media with a link that the original was cnbc story about a friendship between two toddlers the continued battle between social media and some of the social Media Companies and President Trump. Facebook removing Trump Campaign ads that used a banned hate group symbol to identify context. It issued a red triangle symbol used by nazis. The campaign used that symbol as it denounced antifa, a group of protesters the president has blamed for vandalism during the protests a lot of back and forth in terms of free speech, censorship facebook getting it from both sides. They are not doing enough and Trump Supporters think they are doing too much and getting it from advertisers too who are boycotting for other reasons that they are unhappy. Difficult place to be. We had that interview yesterday with the head of the Antidefamation League this comes on the heels of that effort as well there is a lot of things going on that do make the business story. Those advertisers and how much pressure will be applied in the next coming months beijing reporting 25 new cases of the coronavirus once again, tied to a wholesale food market. We think they are getting it from people but here we are with the wholesale food market again. You think in all of beijing, it is a small number. Thats the way these things start. Publishing the genome data submitted to the w. H. O you can theoretically figure out origin but i dont know if we know exactly how this happened is there salmon in the market . European strain of the genome in the wholesale food market. It is hard to make the case even the idea that it would stay on packaging for weeks as it shipped overseas is ridiculous what dr. Gottlieb has talked about is look, maybe there are conditions that are not right in these markets in terms of sanitation and safety and maybe there are practices that arent great. You are right, it may be Something Like they are saying this came from europe but it originated from china, spread to europe and now it has come back. Constantly going between europe and china, china and europe why wouldnt it be likely that it was a person. That doesnt make it anymore comforting to think about it people can spread it pretty well too. Instead of fish. In trade news, a report that china plans to accelerate purchases of u. S. Farm goods to meet the requirements of that trade deal some people are talking about an easing of sign of u. S. Tensions as a reason for the market being up again following discussion between top diplomats from the u. S. In hawaii china agrees to buy soy to corn and even ethenol chinas two biggest e commerce giants handled 136 billion on the 618 holiday alibaba racked up more than 98 billion. Also the creator of another big shopping holiday called singles day. Governments hoping up. Made me think of this. You dont get papers anymore, do you . No. The New York Post decided with all the things going on im not saying they are totally wrong but, we are coming up to where we can all finally get our hair done, fixed or whatever on monday it says time to cut loose. Sorkin, i dont know if you are being honest about cutting your own hair youve never looked better becky, is somebody coming in okay. You are doing it yourself im doing it myself i bought a new flattening iron, curling iron and hair drier. Do you get up at 1 00 a. M 3 45 to commute to my basement for all you doubters, there would belong stretches of gray roots if this was died if you had hair if i had hair and this was not a too pay, there would belong stretches of gray in here. My are hair salon is opening up on monday the one im opening. You are going to be i could see that now that i know how to do it, im opening up shop. You can come up here and get im offering a discount. Squawk discount. Ive got visions of johnny depp remember edward skcissor hands im talking a major u. S. Newspaper thought this was the headline today coming up, covid cases surging in some states governors are taking new action to halt the spread well get an update from dr. Scott gottlieb hes looking high and tight this week u. S. Equity futures have accelerated with sort of the friday frifality, i guess. Well be right back. Can i find an Investment Firm with a truly longterm view thats been through multiple market cycles for over 85 years . With capital group, i can. Talk to your financial professional or consultant for investment risks and information. Talk to your financial professional or consultant there are times when our need to connect really matters. To keep customers and employees in the know. To keep business moving. Comcast business is prepared for times like these. Powered by the nations largest gigspeed network. To help give you the speed, reliability, and security you need. Tools to manage your business from any device, anywhere. And a team of experts here for you 24 7. Weve always believed in the power of working together. Thats why, when every connection counts. You can count on us. Welcome back arizona, california, florida, oklahoma, South Carolina and texas all reporting record high singleday increases of coronavirus. Arizona reported a spike in cases of icu beds. The governor announced a new policy that will allow local officials to require people to wear masks in Public California reported new cases with more than half coming from Los Angeles County govern governor newsome made an order to require masks florida tally of 3,200 more higher than the weakerlier new york governor is considering travel ban on travelers arriving from places like florida florida imposed a quarantine from new york travelers in march. Even rhode island didnt want to see travelers going through either so take that. Late yesterday, we should tell you nevada regulators said they would require gamblers to wear masks at gaming tables that dont have partitions and will require signage saying masks are available. In clark county where vegas is located. President trump weighing in on masks in an interview saying his problem with masks is that many people figit with them which increases the odds of infection. President said he thinks some americans are wearing these as a way to signal disapproval of him as a political statement my n95 has all kinds of stuff on the inside of it now. Stuff what do you mean it starts fraying but there is threads lots of threads. When i have it on, i do figit. The minute i get out i get it off quick. There is a lot of fidgiting with me with this thing it is probably not supposed to last that long are you still cooking it in the oven i gave up on that put it in the window in the uv light i think i sent it to you, a picture of time square with all the covid, i no longer think the outside world looked like that for a while, i was thinking it was everywhere i was putting it in the oven, i stopped i worry about that because im not sure im wiping things down from the super market as well i used to wipe individual avocados i know. I used to do the same thing and gotten lazy. When you are outside taking bike rides with the kids, you see so many people without masks on i get it it is hot. It is summer watching things happening where they are not requiring masks out in public. That is cause for concern. You get fatigued with being quite as obsessive come pulsy about everything if we order pizza, im out there with gloves on and it is like the box is radio active. It never gets in the house just want to eat whats in the box. Then in the super market, thank god everyone is wearing a mask people sneeze all the time who knows. I will tell you, i took a bike ride the other day. I was out. I took a big sip of my water it went down the wrong pipe. I tried to hold it in. I spit the water all over. People were horrified look at me i would have been too. I wasnt within 10 feet of anybody. In vegas, everybody has to wear a masks the card counters are like, yes, they wont know us or recognize us happy days are here again. I wouldnt open a bank perfect for all the bank robbers. Anyway a new study published in nature medicine says covid antibodies may last only two to three months antibodies to other covid viruss are said to last over a year comparing 37 asymptomatic people found others mount weaker response if you havent had the test yet, there are two lines. You can get a currently you have it or you can get an antibody line very faint on the individual i knew that had it so the antibody response was very faint sand seemed to indicate it was months ago joining us now dr. Scott gottlieb, former fda commissioner, serves on the boards of illumina and pfizer. Does it make sense to you the antibodies in this case would not last as long what determines that from what you know about science and medicine the circulating antibodies may not last as long it is highly variable. It may be that the cases there are t cells and memory b cells. There are a lot of different cells that may have adapted besides just is the circulating antibody studies the fact that there are 37 patients there are two types of antibodies they are looking at the igg that they didnt have a lot of it is hard to draw a conclusion from this study. It just said you didnt havea lot of circulating antibodies as the same level that are symptomatic. So many of these studies. We dont know whether it is our fault, the medias fault this was measuring circulating antibodies what do memory b cells do . What do they remember what they saw and make antibodies if they need them again . Exactly you could have memory cells in your lymph nodes you dont necessarily have circulating antibodies but you have cells that would adapt. And showing that asymptomatic people could shed the virus. It wasnt clear whether the virus they were shedding was alive. It might suggest that asymptomatic people, part of the reason they are they are not developing the immune response, so they maintain and dont develop as robust immune because they kind of live with it in harmony rather than having a revved up immune response. Thats what these suggest. Nature medicine is that different from nature . It is part of the nature family but not nature one of the best, obviously. Im sure this is a good one too. Dr. Gottlieb, you said the asymptomatic people may live with it or she hd it longer. Does that mean they are more contagious it is very unclear. It is unclear whether or not they are shedding live virus other studies have shown a similar thing. What is unclear is is it live virus, it cant really spread the infection. They continue to shed live virus. They are shedding more virus than someone who is asymptomatic the only question it answered was that it is shedding some type of virus. It shows that they could be contagious but not necessarily more contagious than somebody who is symptomatic the ceo of amc saying they are going to reopen but arent going to require customers to wear masks gs. Saying he doesnt want to, quote, be drawn into political controversy after the president says wearing a mask could be signaling a position against the president. What do you think about that i dont think this is a political issue. There are few things we can do to prevent the spread. This is one of them. Universal masking is one of the simplest steps we can take i think youll see people start to change their position there is a few that imposing masks and telling them they have to stay at home and denying their businesses and stay on an airplane you are seeing governors now requiring masks. Governor of texas now doing the same thing i think amc will do the same thing when they find nobody is showing up the ceo does they will sell masks, encourage masks and encourages masks themselves and would allow others if they didnt want to and having conversations about masking and how my mask protects you and your mask protects me. Would you go to a theater that wouldnt require a mask people show up and require a mask i think theaters will do the same thing if you go into a theater trying to be careful. You see people unmasked, youll be uncome font for theable going in again thats a highrisk setting anything in doors, poor felt operation, those are higher risk settings theyll have to make some accommodation here vug the popcorn at this point. If you cant have drinks on a plane, you cant constantly be one more question for you, doctor, do the icu rates in these states and hospitalization rates indicate it is more than just testing you can call it testing saying thats why we are seeing increase, thats not going to affect hospitalizations and icu bed spikes it is clear they are spiking. Hospit hospitalizations are one thing even california looks like it is ticking up now as well what we are seeing, hospital asati ization rate going up. The 10day lag is about 10 days. As a percentage of total cases is going down. Probably a number of reasons number one, older people, people with comorbid conditions are doing better chance of protecting themselves. Younger people, higher percentage are younger people. Thats the case in texas 25 are under the age of 30. We are also doing a better job of preserving life in the hospital weve talked about that before well see death rates come down. As long atsz we can protect the Health Care System have you heard of people having dexamethasone prescribed in this country . Ive talked to doctors changing practice in the icu doctor, happy friday. Good to see you this morning relax this weekend do me a favor, are you going to put tie on tomorrow it is permanent with you you are not going to tomorrow, do you promise breath no tie i promise sounds good im going to wear one anyway i think i look better. Thank you, joe when we come back, we are marking the juneteenth holiday with a closer look at challenges felt by minorities in the marketplace. As we head to the break, take a look at the biggest premarket gainers in the s p 500. Apache leading the way and kohls right behind. Well be right back. vo since our beginning, our business has been people. And their financial wellbeing. Its evident in good times, with decisions focused on the longterm. And crucial when circumstances become difficult. That continued emphasis on people our advisors, associates, clients and communities gives us purpose, strength and a way forward. Today. And always. We hope you find these Digital Solutions helpful to bank from almost anywhere. Deposit a check with your phone or tablet. Check balances, pay bills, and more. Send money to people you know and trust with zelle. Explore all you can do with our Digital Tools from almost anywhere. Pnc bank. You have the support of a,. Probiotic and the gastroenterologists who developed it. Align helps to soothe your occasional digestive upsets twentyfour seven. So where you go, the pro goes. Go with align. The pros in digestive health. And if stress worsens your digestive issues, try new align digestive destress. It combines aligns probiotic with ashwagandha to help soothe occasional digestive upsets, plus stress that can make them worse. And try align gummies with probiotics to help support digestive health. Welcome back, juneteenth is being observed by a growing number of major company. In the call for racial equality and Research Shows how minorities view equality in the work place elon joins us with the results good morning. Juneteenth took place 155 years ago. For many black voters, america is still a land of unequal opportunity. Our polling with change Research Across six key battleground states found the overwhelming majority does not believe minorities has the same Economic Opportunities. Less than a quarter of black voters, 23 say there is an equal percent of advancing in the work place standing out because the opposite is true for latino and latina voters. 64 believe there is opportunity sat the same level of white voters that depth of discontent within the black community is a warning. 85 believe businesses can do more not on their own, latin x and white voters agree people of all races believe companies have a lot more work to do. Back to you. Elon, those numbers are stunning how does that compare to the way black voters view their Economic Opportunities within other institutions as dismal as the work place starts, opening the apiture, they are even worse. When you look at the nation as a whole, only 9 of black voters believe there is equality. What is really interesting about that National Number is that for white voters, latino voters, they agree only about a third of white voters believe minorities have the same access to opportunity when you look at the nation as a whole. What you are starting to see is a consensus that there is disparity in the way that a black voter and worker is treated. This is something that does need to be addressed head on. When did this poll take place . This was conducted over the weekend after the killing of george floyd after weve seen a lot of the protests. We started to see some announcements by businesses of investments they are making in social justice and steps they are taking we keep doing this poll all through the summer well see if some of these numbers start to move as Corporate America starts to take action as well elon, thank you it is good to see you. Thank you coming up in just a moment, well talk strategy. Futures, look where we stand 185 points up on the dow, nasdaq looks to open up 62 points higher and s p about 19 points higher take a look at yesterdays s p 500 winners and losers a grandfather of 14. A newlywed. A guy who just got into college. Thats why behind these masks, Johnson Johnson scientists are working to accelerate development of a covid19 vaccine, drawing on decades of experience responding to Public Health emergencies like ebola and hiv. For the life behind every mask, the clock never stops and neither do we. music anncr give customers access to precisely what they want, when they need it the most. With adyen, the payments platform that delivers convenience for all. Adyen. Business. Not boundaries. Good morning take a look at u. S. Equity futures. Dow up about 180 points, s p up about 18 points and nasdaq up about 61 points. The market coming to