Speaking out on social justice what amazon and facebook are doing this morning stay ahead of the conversation youre watching Worldwide Exchange right here on cnbc. Good afternoon, and welcome from where ever in the world you may be watching. Could be another very, busy week in the markets and otherwise the big question today really for the markets is whether this incredible rebound rally will roll on. Futures right now are showing that it might. A price like that its the first record closing high since february 12th really number one optimism that the American Economy will recover faster than expected with data point ceos and all coming back quick. And trillions of dollars around and finally the old t trade, there is no alternative as bonds lose their luster. And bonds in the last few questions absolutely dumped. Investors selling treasuries and buying equities and of course moves inverse to price rose 40 last week from bonds from yields this weeks fed meeting will also be huge if theres any sign the fed will likely keep the stimulus going it is possible stocks could keep running to the fed, big this week all right. Now lets go around the world. Well see if asia and europe are following our friday rally you have matt taylor in singapore. Juiliana is in london. A lot of green on the screen overseas as well i would imagine. Absolutely. Another green on the screen but it wasnt really anything to write home about if we show you some of the closing numbers. We did only have modest gains for the likes of hong kong essentially around a tenth of 1 as well. And it was up about 1. 4 and we have revised gdp numbers showing that the contraction that we saw in the first three months of the year was not as sharp. We saw a contraction of 2. 2 against the preliminary estimate of 3. 4 . So not avoiding a technical recession. We had a contraction in the Fourth Quarter as well thats not as sharp as anticipated. The economicrecovery may not b on a recovery. 3. 3 in may and this followed a rise that we did see in the previous month in april. On a year ago as well that was worse than expected. And rallying up by some and new zealand reporting zero active cases of coronavirus and as a result its going to start easing the lock downs and reopening the economy. From midnight tonight there will be no social distancing. The new Zealand Market up sharply and airlines rallying by some 9 . Back to you. Good news there for new zealand as well. Thank you very much. Now lets get the early trade in europe as well everybody is watching the german markets, the u. K. Markets, especially the banks guiliana has more with how theyre looking. Good morning. We started out on the back foot but we bounced off the lows this morning. Lets put this into context. Last week was an incredibly strong week. The german market, the French Market all put together gains of more than 10 here in the u. K. The ftse 100 traded 7 higher last week and in terms of the trade this morning, another Strong Demand for the most unloved part of the market so oil and gas stocks, banks, autos are very well bid this morning. On the down side the more quality part of the market underperforming so the likes of health care, Household Goods and technology so a continuation of that trade and a lot of the momentum coming from jobs report in the u. S. But also last weeks announcement from the European Central bank and expansion and extension of their Pandemic Emergency Purchase Program so more support from the central bank along side more support from fiscal authorities here in europe all of that providing a supportive backdrop for equities back to you. Well see you in a bit. Thank you very much. Well, back home here in the states there is big progress in the push to reopen the American Economy. The epicenter of the coronavirus outbreak entering phase one of the reopening plan today what exactly does that mean . Good morning. Hi, brian, good morning its been a Long Time Coming after nearly two months the big apple begins its phase reopening plan today allowing construction, agriculture, manufacturing and trade to resume operations. Retail stores can begin to offer curb side and in store pick up economists expect 200 to 400,000 people to be able to return to work today for the First Time Since the pandemic began in the wake of the recent social unrest and protest over Racial Injustice and Police BrutalityRoger Goodell admitting that the league was wrong for failing to listen to players that protested social injustice on and off the field. But also admits fault for not listening to players. The spacex ceo is telling his employees to accelerate progress on its next generation star ship rocket dramatically and immediately according to a company wide email this weekend. So in the email musk said please consider the top spacex priority anything that could reduce drag and return risk to be tarship it aims to be fully reusable and launch as many as 100 people at a time on missions to the moon and mars so yes, new york City Reopening today. Its been a Long Time Coming so good to see it. Back to you. Been a couple of months it feels like a thousand centuries. It doesnt matter how fridays jobs report is analyzed the recovery of the economy started at the beginning of the reopening of the economy and underlying momentum can go undetected the dow jumping more than 800 points you have to recognize when you open the economy, especially in the United States being so dynamic, you immediately get recovery it speaks to the restart of the economy, rehiring of people and restocking of inventory and youll see this today the same in new york city all the people come back in and youll see a big jump in capacity and i think this is what the market is saying. And this is why the market is rallying. I like the optimism but the reality is that nobody is suggesting that well wipe out all the job losses in the next couple of months its for much higher unemployment by the end of the year you did start at a trough. There was stimulus to get the market recovering it and open the economy and at least the record highs to get above it and the fully recovering economy will take further time before we can really say that were back at full capacity here and employment is back to where we came from so where is there room to make money . Theres room to go where is it . And thats where the option still is and the financials too. Now were going to get the program really kicking into the economy. So plus thats a reflection of future growth. Thats all very supportive of the future sectors by the way, a big faf rit now has gone up 50 and 60 in a couple of weeks. Thank you very much. We appreciate it. All right we are just Getting Started here when we come back a rare sight a united opec making the call to keep it under oil. Why your next guest says the focus now shifts to you the consumer plus a wild weather warning as Tropical Storm making landfall on the gulf coast. The latest on its strength and track in a moment and later on, much more on new york citys reopening including an exclusive look at the virus Prevention Technology inside of one of the cities most high profile real a ryte developments. Ve busy hour still ahead when Worldwide Exchange returns. Hey lily from at t here. Im back and while most stores are open, im working from home and here to help. Heres a tip get halfoff the amazing iphone 11 on at t, americas Fastest Network for iphones. Second tip you can put googly eyes on your stuff to keep yourself company. Uh for example, thats heraldo. Hes my best friend. Oh, sorry nancy, i forgot you were there. Get the amazing iphone 11 for halfoff on at t, americas Fastest Network for iphones. Communities of color have always been underrepresented in the u. S. Census. That means less federal funding for schools, hospitals, libraries, and other Public Services for Diverse Communities and less representation in congress. This year, its critical that you participate in the 2020 census. Its safe and confidential. Lets make sure everyone is counted in our community. For more information, visit getcounted. Com, and to participate, go to census. Gov. You say that customers maklets talk data. S. Only Xfinity Mobile lets you switch up your wireless data whenever. I accept 5g everybodys talking about it. How do i get it . Everyone gets 5g with our new data options at no extra cost. Thats good. Next item corner offices for everyone. Just have to make more corners in this building. Chad . Your wireless your rules. Only with Xfinity Mobile. Now thats simple easy awesome. Switch and save up to 400 a year on your wireless bill. Plus get 200 off a new Samsung Galaxy s20 ultra. Surprising nearly everyone with a quick and drama free virtual meeting. The group held by the strong hand of the Saudi Energy Minister agreed to continue its Current Record supply cut of 9. 7 Million Barrels a day. They were also able to get iraq and nigeria to agree to enforce their own quarters both are been seen as cheating to raise output and will revisit the deal in one month and will raise output by 2 Million Barrels a day. With american production dropping the focus now turns more to the demand side and how fast the American Economic recovery and how much inventories are getting drawn down clay joining us nice and early this morning from texas. We love that very much thank you for joining us we talk about inventories and ships being loaded and how much have inventories come down according to your analysis according to our data they have come down a bit off of their highest levels in april. So were looking at about 150 Million Barrels of crude oil thats still in storage. We still have 85 Million Barrels. Theyre starting to be pulled in as Economic Activity picks up post lock down but the story really varies region to region. Okay. So is there any reason to still be concerned about tanks overtopping or ships all of these people paid 200,000 a day to store the oil, are they going to get their shirts i almost said Something Else handed to them . This is part of the supply and demand rebalancing in order to find that equilibrium price so as transportation picks up post lock down so its less economically possible. You can still see that taking place where european markets have pulled in some of those products and have gotten them to consumers picking up their activity people are going to be looking when it comes to the oil markets which of course moved the equity markets the equities move in advance is it comes down now to jetfuel and driving . Do we have to look at all the transportation data and how planes get back in the sky. Its emerging right now with gasoline but all margins are under pressure in this recent move overnight selling prices of oil it has the potential to get a head wind to this recovery that youre referencing but when it comes to gasoline i see a Silver Lining in the United States those east coast refinery systems and fuel systems are starting to increase their gasoline again a lot of our viewers say why are we still importing so much oil given that we have an american industry which by the way is better off at 40 barrel but thats no saving grace for an industry dripping in debt and shedding jobs. Why are we still importing so much oil we still need to make gasoline but what we do see for the industry is these companies in the United States that are especially involved in crude exports have done well one of the really interesting findings is that throughout the lock down period, throughout the price downturn, u. S. Crude exports remained pretty robust so it is finding home in the market as long as theres demand and the price differentials justify it and well continue to export our oil in china, far east, india and europe thats what we have been seeing in may okay. Great stuff there. Good analysis as always. Clay, good to chat with you. Talk to you again soon thank you. Thank you, sir. All right as we head to break, look at apple and maybe a big sign of the time apple winning a patten that could generate what it calls Synthetic Group selfies as a way to take a group photo even when users are trying to stay socially distant no indication of how or when apple would decide to use the software but its interesting, remember the synthetic cdo the synthetic selfie he said by the seashore were back right after this. Dow futures up 169 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 okay, give it a try. Between wisdom and curiosity, theres a bridge. Between ideas and inspiration, trauma and treatment. Gained a couple of more pounds. Thats good for the babies. Between the moments that make us who we are, and keeping them safe, private and secure, theres webex. Beautiful. 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. Futures are up 160 points on the dow. Any gain in the nasdaq or nasdaq 100 is a new record high for the markets. Coming off an 850 point gain on friday right now with a big fed meeting on top this week that momentum looks set to continue theres so much going on right now. You also have to get a check on some of the National Stories francis is in new york now with those. Family, friends and the public will say their final goodbyes to george floyd before he is layed to rest on tuesday in minneapolis where he died, a veto proof majority agreed to dismantle the citys Police Department at a Community Meeting the president of the counsel called the citys relationship with the department toxic one said the counsel would work to dispand the department and its current iteration police have not responded to the announcement the confirmed global death toll from coronavirus reached at least 4,000,000. The grim milestone coming a day after brazil broke standard protocol and stopped reporting the number of deaths in the country. The south American Country has been devastated from the virus Tropical Storm cristobal made landfall just hours ago and moved along the gulf coast the eye of the storm came ashore with powerful winds and driving rain to cause flooding in some areas. Many roads have been swamped and low lying areas are evacuated. Louisiana declared a state of emergency. So hopefully Mother Nature will be cooperative with them to help them out they need it straight ahead. Why the stay at home trade is over as the market powers back two all time highs Jenny Harrington is here the best ideas of where to put your money to work maybe some of you start to go back to work new york citys phase one reopening begins today were back right after this. Need better sleep . Try natures bounty sleep3, a unique trilayer supplement that calms you, helps you fall asleep faster and stay asleep longer great sleep comes naturally with sleep3. Only from natures bounty. Sawithout evenon yoleaving your house. Just keep your phone and switch to Xfinity Mobile. You can get it by ordering a free sim card online. Once you activate, youll only have to pay for the data you need starting at just 15 a month. There are no term contracts, no activation fees, and no credit check on the first two lines. Get a 50 prepaid card when you switch. Its the most reliable wireless network. And it could save you hundreds. Xfinity mobile. More new highs for Technology Futures coming off of fridays 850 point gain. In the face of the markets race back to records were going to reveal the one stop, just one out of the s p 500 that is missed out on the come back plus big tech taking a stand on social justice in a big way. What does it mean for the equities monday june 8th and youre watching Worldwide Exchange here on cnbc. All right welcome back and good monday morning. Thank you for joining us on Worldwide Exchange and starting or ending your week with us depending on where in the world you may be theres two stocks that we want to focus on to kick off this half hour of coverage on a monday morning both linked to the reopening of a growing economy and that v shaped recovery a faster Recovery First look at the airlines in the premarket. Those are just the trades right now. American up 10 . United, 9 jet blue, spirit all soaring many of these stocks up 50 or 60 just this quarter. Travel the tsa numbers continue to come up he is optimistic that theres a good chance that well have a vaccine by the end of this year and lets certainly all hope so. Look at the travel and casino stocks theyre also higher. Similar story there. Are people going to go back to vegas . It looks like reports from steak houses and the win that they were not only full but booked solid with major waiting lists as well. One weekends data points, things could turn. Cases in arizona nearby. Theyre starting to look like theyre spiking a little bit higher got to Pay Attention to the health data but that recovery and reopening trade does seem to be working the question is overall will last weeks big rally continue today. Theyre about 160 points some market stats from the Investment Group that are random and interesting. The average stock in the s p 500 is now up 54. 7 since the march 23rd low up more than 50 in the average. But there is one stock in the s p 500 that is actually down. Just one were not picking on cody but out of 499, whatever number of stocks that are in the index, one name has not participated and that is coty its just about flat it hasnt tanked but it is down 1 . Bonds have been getting dumped investors have been selling treasuries and buying equities this weeks fed meeting is huge. If theres any sign that jay powell and the fed are going to keep the stimulus going and keep their feet on the gas pedal its possible that stocks could keep running as well. The fed certainly big this week. Early action in your top stories in europe. See if they are following us higher and by the look on the screen, mostly looks like you are. Mostly thats right brian. We started out the morning on the back foot but we actually bounced off the lows and now we have patches of green on the board. The ftse 100 up. 04 so were seeing a rally come together in the u. K. And also green for italian and spanish markets. The dax big german index also clawing back earlier losses were just approaching the flat line and to put these moves into context were coming off of a remarkable rally last week. And all gain more than 10 the u. K. Market gained 7 last week a combination of factors optimism around the reopening. The ecb delivered an expansion and extension of their Bond Buying Program and then on friday of course we have that job report out of the u. S. And created even more demand for european equities. And what the break down looked like this morning. The strong bid for the most unloved parts of the market. And to put money back into the sectors. Financial services and health care retail and Household Goods. Quality parts of the market and going to work in the more cyclical value parts of the european market. Thats a picture for us. Well hand it back over to you. All right thank you very much. The fed and what can be maybe the end of the stay at home trade. A cnbc contributor first off, individual stocks and the stay at home or i guess now phase one reopening leave your home finally trade and maybe we could start that how much of this, there you are. Its trillions in physical stimulus being pumped out versus the reopening trade if you will. I think a huge part of it is the fed and the liquidity that they pumped in because to me what they did was they built a foundation that we can actually move off of. The money thats come in and the foundation that they built they allowed us to have the conversation that were about to have were building this market rally on the back of trillions of dollars and we talk about it last week. The number of equities dramatically the fed bailing out etfs directly buying these credit market concerns that were so worried about this has been a backstop rally but how long can it continue jenny . I dont know. I think it can go for quite sometime i always taub about one of my favorite strategists and i read a piece of his this morning and i think he might be right that this will ultimately just be a continuation of the bull market that we were experiencing and that there might be a lot of upside from here that being said we have seen a rotation over the past few weeks. Everybody knows that so as the market continues to move up it might be in the have notes in whats underperformed it might not be a rally the way we have seen it over the past several years. For me as a value leaning investor its pretty exciting to think that the companies that were invested in might actually get some love and the rally and the Market Building from here might be in there. We called it the stay at home trade. Its probably passed us and by the way before someone else has the ability to and not the reopening rally can we just agree that thats us you and i believe your home rally. Totally. Is stay at home. I would add it. Stay at home safely. Im going to go with the stay at home safely trade what is that . What does that add into the mix. So for us when were talking about stay at home safely, it could be a continuation of home depot where you want to get out but youre still mostly home stay at home places and going to big road trips and driving more. So it could be as discussed and we see a lot of movement in the energy stocks. We could continue to invest in chevron and you travel safely and your road tripping and that could come back that advertising on billboards could come back strongly my brother was open for a barbecue. We own car max in the portfolio. He lives in brooklyn and he has always been a real city guy and he hasnt wanted to own a car. He bought a car yesterday on car max. So as you stay home safely and get out safely things like car max could benefit. And start to get out safely but i think that the real lock down stay at home trade the zooms t video gaming i think thats over. I think that were starting to eat out. I think grub hub could lose share from this as we start to more safely stay home and get out. We got it we got to get out. How many more dishes can we all do, right . I like that. By the way, your brother, who could have predicted that used car salesmen stay right there on a more serious topic i want your opinion to touch on a couple of big stories when it comes to recent social unrest and technology certainly, first off, facebook and Ceo Mark Zuckerberg doing an about face over the decision to not moderate or take down some of president trumps more controversial posts. They will review current policies and sharing an email exchange doubling down on the back lives Matter Movement and breaking on amazon 3,300 or 2,700 and a new wall street high. And customers are making 2 to 3 purchases a month. And that is down 67 of the Customer Base up and is there a trade here on facebook or amazon the success of both of these companies has transcended the founders i dont think it has any impact on our investment thesis or either of these companies. We own facebook because we think that their longterm earnings should be in the 20 plus percent range. It has been more plentiful than ever everybody wants to get their personal narrative and message and personal thoughts out right now. Facebook is a big winner for the longterm. On amazon for us, we do not own amazon i know thats a crazy thing to say. Prime has been great but people are sick of sitting home too theyre going to get out and shop anywhere they can and i think that takes from amazon so we are long facebook. We dont own amazon. Neither of those have to do anything with the founders okay. Yeah good stuff there you know what a trade is and the biggest box maker in the world or the United States, they have to be just printing money as well. And by the way, jeff besos network just passing approaching kansas take care. Coming up, new york city beginning phase one of the reopening trade. Well tell you what to expect on phase one, what can you do and still not do well talk about it. Dow futures doing what they do were back right after this. 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Talk to your financial professional or consultant for investment risks and information. Welcome back to Worldwide Exchange new york city beginning phase one of its reopening plan today. We have full Team Coverage taking a look at what technology will be used to try to keep people safe and we begin with contessa that is live in the financial district with what we can expect with some 200 to 400,000 people return to work today including you in lower manhattan. Good to see you. Yeah were expecting to see a few streaming in here. This area surrounding the World Trade Center is a major transit hub and wall street is a couple of blocks this way and this area is packed with shops and restaurants. They have all taken a big hit because this city was the epicenter for coronavirus. At one. 800 new yorkers per day were dying from the virus. More than 200,000 have gotten sick this was a big turning point starting today as many as 400,000 workers could return to new york from their jobs in retail action construction and manufacturing, retailers can offer curb side or in store pick up however some stores like the iconic macys store in Harold Square rnlt reopening yet even though its allowed. They posted social distancing markers and masks are required on the subway and of course a lot of people are anxious to reopen after months of being closed by covid but new challenges have emerged after nearly two weeks of unrest in the city a lot of these stores around me are boarded up but parts of the economy that bring dollars here to new york city are still shuttered. Theres no museum. Theres no dining in fancy restaurants and even Outdoor Dining wont be allowed until phase two that may be early july while the city council is trying to push that through i talked to Business Owners in this neighborhood that said they just have to weigh the cost of reopening against the potential for customers and look wall street customers arent back just yet so theres a lot of questions about whether it makes good Financial Sense to do so. A lot of questions nobody nobody i know has to get back any time soon. We see the boarded up building right next to you. Pretty dramatic stuff there as well lets talk about budgets its a good day. Its a phase one theres a reopening. Thats a positive but i have to imagine the budget of new york city has a long way to go. Look, we have a tough climb back because new york city is expecting a billion dollar hit in sales tax revenue alone the budget short falls anticipated to be 9 billion so this economy engineer cant get started soon enough. Its very important for the city they have begged the nation, the federal government to come in. Theres going to be widespread cuts here. They have to be able to open up restaurants outside. Closed streets make it possible to put tables outside. Well see if that happens. Live there in the financial district all day long and were better off for it. Thank you very much. Thanks. As new york begins to reopen, cnbc got an exclusive tour of the citys newest complex hudson yards and diana has the story of some new virus Protection Technology that is being implemented there. Good morning. Good morning, as we move into new phases of reopening nationwide were seeing new technology to keep Office Workers safe hudson yards one of the nations largest and newest complexes took us on a tour of their new operation and ceo said office will be back. The days of 8 00 to 8 00 zoom calls, its really not that productive and i think great creativity and innovation happens when people are together and so i do think that people are ultimately going to come back to the office if your temperature is over 100. 4 you are retested with a hand scanner and if its still that high you have to go home. You swipe your hand for security through the turnstiles you dont need to touch the buttons. Hudson yards had state of the art air filter systems but they will pump up the circulation and they may actually see more demand for current tenants for space. Whether its Trading Floor or bench seating and have decided that ultimately they want to have more separation hudson yards is also asking its tenantcompanies to stagge their work times and they expect offices will start at 25 capacity and then rides from there. Any indication of when theyre talking about semifull or full capacity whatever i guess that would even mean these days. Thats going to be up to their tenant companies i asked for the time line and they said were going to have to see how it goes when people come back in. 25 , 50 staggering different times. Its going to be up to the future i guess of the virus and how it all works out with the reopening and people going back to see when we get to full capacity but i think its going to be awhile. Ive seen studies where its going to take a couple of hours to get people up and down on elevators. Just 2 at a time really interesting stuff have a good day. Thank you very much. All right on deck, one of the nations top ranked Wealth Advisers tells us what you should be doing with your money right now dow futures are soaring. Nasdaq just turned negative but is cash actually king . Well talk about it and a quick programming note, join us for a special event on tuesday outspoken expert all in the industry david ramsdenwood will join me for his special 45 minute conversation. But you can sign up for a special 7day free promo and tune in. Were going to do a deep dive in the oil industry totally off the cuff take some of your questions. That is tuesday, tomorrow noon eastern. If you want to sign up, go to pro talks oil. Cnbc. Com protalksoil. Cnbc. Com were back after this. Dad, im scared. Its only human to care for those we love. And also help light their way. Its why last year chevron invested over 10 billion to bring affordable, reliable, ever cleaner energy to america. Its like walking into the Chocolate Factory and you won a golden ticket. All of these are face masks. This looks like a bottle of vodka. But when we first got these, we were like whoa [laughing] my threeyearold, when we get a box delivered, screams mommys work mommys work. With this pandemic, safety is even more important to make sure we go home safe every single day. Dow futures up 112 points already. And new record highs joining us to talk more about this market. He is managing director and wealth adviser at Morgan Stanley and a top ranked wealth adviser. We need your advice right now because listen you stayed in the market and you made much of what you lost back. You timed it well, congrats to you. Are you a believer in this reopen rally whatever you want to call. Especially when it comes to for an example and discussing 40 barrel and once the airlines and people begin to move around and cross in large cities continues and youre going to find that the price of oil is going to move up. It needed to move up though probably 25 and that is going to be the big part of this industrials or another area and will be an excellent opportunity. And big cap energy stocks. Thats correct i feel that Interest Rates are going to remain low for the next 2 to 3 years and were going to continue to see unemployment at these levels and its going to come down over time over the next two years i think the fed as you have been discussing with your prior guests are not going to remain accommodative and the federal government is going to continue to provide physical stimulus what from a market perspective any good Tax Strategies for tax related investments that we need to consider right now yeah. I believe in indexing. You want to develop a customized index. You want to make sure that you manage portfolio to the opportunities. I think the most important point is that we now have a 265 or death to gdp ratio and thats quite high because of all the trillions that you stated earlier that have injected into the system its more likely than not that income tax rates are going to go up depending on whether we have a new administration or not. I think people should expect at the upper end for tax rates, income tax, personal income tax rates are still available. Also state level by the way, its probably going to be the locality level as well. 45 seconds left. Give us one of your other besides big cap energy other best ideas for your clients right now. I would say if Interest Rates remain low, tech and health care which are very lofty in their valuation at the moment would be what i would call income surrogates and they will continue and they provide the most output into the u. S. Economy and they will continue to be prosperous and cash will be good over the next several months and an opportunity to buy in at potentially lower prices. Microsoft is the new ten year treasury note. Take care. Dow futures up 125. We will see you tomorrow squawk box picki ingt up on a monday have a great one take care. Need better sleep . Try natures bounty sleep3, a unique trilayer supplement that calms you, helps you fall asleep faster and stay asleep longer great sleep comes naturally with sleep3. Only from natures bounty. You say that customers maklets talk data. S. Only Xfinity Mobile lets you switch up your wireless data whenever. I accept 5g everybodys talking about it. How do i get it . Everyone gets 5g with our new data options at no extra cost. Thats good. Next item corner offices for everyone. Just have to make more corners in this building. Chad . Your wireless your rules. Only with Xfinity Mobile. Now thats simple easy awesome. Switch and save up to 400 a year on your wireless bill. Plus get 200 off a new Samsung Galaxy s20 ultra. [ scoffs ] are ythe weirdest. You make everyone around you crazy. People are normal then they hang out with you and then theyre Jack Nicholson in the shining. Im gonna tell my mom you tried to drown me. Its an above ground pool youre like eight feet tall pushing higher again after a gain of 6. 8 and much more on the fall out and reopening america, new york city, phase one today beginning with as many as 400,000 people returning to work. Plus the first weekend back from vegas is now in the books. What we learned from sin citys reopening straight ahead its monday june 8th, 2020 and squawk box begins right now. Good morning, everybody welcome to squawk box on cnbc. And we have been watching u. S. Equity futures this comes after a crazy week last week. Topped by a crazier friday dow futures are indicated up by 120 points 829 points per gain of 3. 15 that was the best performance. Just may 15th. 3. 85 . And with a we watched on friday was phenomenal it came at the end