Maria this as millions of americans are in need of aid which may not come until september now, at the earliest. Vice President Joe Biden calling for a nationwide mask mandate as President Trump fires back. More on that plus new fox new polls out this morning. White house brokered historic peace deal coming together in what President Trump is calling a huge breakthrough. The u. S. Has seized iranian fuel cargo at sea. Take a look at futures in the red. Dow futures indicating decline of 130 points nasdaq down 12 and s p 500 currently by 10 points after slight losses yesterday, dow, nasdaq and s p 500 on track for a winning week despite decline yesterday. Nasdaq was up 30 and s p lower by 6 points. Fortnite battle royale. People evacuated from Los Angeles County this morning more than 10,000 acres scorched in less than 24 hours. No flights to nowhere becoming a trend. We will tell you all about it. Ask maria is back this morning and time to turn the tables and ask me the questions and tim
About with joe, andrew and becky and the degree to which walmart can post a 74 increase in ecommerce it looks like the big guys won. You basically had them cordoned off as essential services. So many other companies, little companies, medium, small, just couldnt compete this is what happens when you have a survival of the fittest economy. This is darrwin playing out. These numbers are astounding if the stock had not run up every day, i wouldnt know what to do. Add back 60 cents for home depot and before you start selling it thats the costs they said home depot had to keep traffic back they had to hold back traffic because they were trying to do it safely. Walmart had these big stores, they were set, ready, and their dotcom, ever since they bought jet. Com has been amazing they also can do a lot of food these are Great American companies that are on fire the move in walmart is stunning ever since he decided doug mcmillan, who is on squawk tomorrow, decided to creator the earnings in ord
Freely u. N. Trade more and u. N. Falls against the dollar. An interesting shift in the market. David they dont have to worry out it like they did. Breaking news. Continental is in talks with advisers saying it is going to explore a possible holding structure. This could be the biggest overhaul ever for this very large Auto Component maker. Tos appears to be an attempt break it up so the individual parts of the company could trade separately. They be some of the tire manufacturer could rise on the news and it is tied perhaps to the move to Autonomous Vehicles and the electric vehicles. Ag will be exploring a holding structure. Alix those are the super fancy tires. David they are very nice tires. Time for the morning brief. At 10 00 this morning Minneapolis Federal reserve chair Neel Kashkari ways in from minnesota. President trump meets with bipartisan members of the senate on immigration issues. At 1 00 tonight states auctions 24 billion in threeyear notes. Alix heres emma chandra. Th
Hurricane irma is a category 4 sthoorm cou storm. The path is still you unseuncer puerto rico and florida are areas of interest. Here are the big corporate stories. United technologies buying Rockwell Collins for 23 billion. Under the deal, rockwell Share Holders will receive 140 per share in cash and stock. Thats an 18 premium to the Closing Price on august 3rd. The Companies Say the Aerospace Systems segment would be combined to create collins Aerospace Systems which would save 5 billion by the fourth year of completion greg hayes will join our colleagues on squawk on the street later this morning that happens at 9 30 a. M. Eastern time. Lego announced plans to lay off 8 of its work force lego reporting a 5 drop in revenue for the first half of the year the company said most of the 1400 job cut also happen s wille end of 2017. And Rovio Entertainment is planning an ipo. The mobile games studio will list shares in helsinki in a move looking to boost growth the Company Finally returned
Stoxx 600 as Morgan Stanley cuts the chipmaker to underweight. Good morning. Lets kick you off with some Eurozone Services pmi numbers. The final december composite pmi was 54. 4. Pmi pointing to Fourth Quarter gdp growth of 0. 4 and prices charged rose at the fastest rate since july 2011. Finally inflationary pressures coming through. Lets look at some of the services pmi. Eurozone december pmi at 53. 7. The forecast was for a print of 53. 1. Easily beating expectations. To tell you across the regions we saw in germany a services pmi at a fivemonth high. Italian services pmi was below expectations and showing slowing in december. We did see an uptick in spain and in france an 18month high. Mixed picture here. This following a Strong Manufacturing pmi earlier in the week. Prices ticking up. Thats something we have been seeing in the uk. Lets give you a view of the european bourses an hour into the session. Mixed trade with softness on the ftse 100. Basically the uk main market is flat