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That because there are a lot of people who just think if we can break through that then were going to be able to say when we get a vaccine its just going to be game, set, match for the bulls because we are already at this level without the vaccine i think that today is a confluence of goldman puts citi, wells fargo and jpmorgan in the rearview mirror. Its the old Goldman Sachs model. We have moderna talking up a blue streak this morning on squawk with meg making us feel like inject my left arm, please. We have the Goldman Sachs number that looks like the old days david faber, goldman reminds m...

Down again that reopening trade getting slammed. You can see that in the airlines there all taking a hit today later, check out this ride shares of avis budget, up 300 from the march lows. Getting a boost in the red hot used car market. The ceo will join us power lunch starts right now thanks energy and financials are leading the declines today they are down way more than that stall worth technology sector. Bob has more on this Early Morning reversal same story. Teches still out performing energy, financial, other cyclicals. Not a good start to earnings season big miss on earnings and very poo...

New york, Edward Lawrence in washington. But jackie, we start with you. Reporter can we say party like it is 1999 . Fourth quarter 1999 is the last time we saw a quarter this good. That is positive given the fact weve been through so much this year because of the coronavirus pandemic. You can see the dow is up 17. 7 for the second quarter. S p 500 almost 20 . And the nasdaq composite, really the winner there, 30 for the second quarter. So we are watching those numbers as were processing what happened today, a 215 point gain on the Dow Jones Industrial average. Youre seeing more optimism in thi...

Cap. And flight path trouble. And amazon Banning Police use of facial recognition technology. It is a very busy thursday june 11 this is Worldwide Exchange here on cnbc good morning. I am brian sullivan. Thank you for joining us on a very busy thursday and one that could be a tough day for investors. On the screen,down 635 points right now. Some thinking the reopen rally may have been overdone and health data up in texas. Texas is siege about 2 to 3 daily growth in cases. Not that outline in the last couple of weeks but a slight up tick there and other states like arizona. That has got people ...

Social Media Companies ylan mui has more on the story reporter the dojs proposal strikes at the heart of the Business Model for platforms like facebook, google and twitter, section 230 of the communications ccc act the first is what theyre calling the bad samaritan bill, for platforms that facilitate or solicit illegal activity, and the second specific exemptions for child exploitation, and actual knowledge of elicit activity the doj cannot do this alone they would need congress to act to change the law. Big tech doesnt have a lot of friends on capitol hill these days just today, republican se...