Cnbc im becky quick with joe kernen and Andrew Ross Sorkin the market has come under significant pressure this morning. And the nasdaq off by 143. Its all coming this morning a rough week for wall street 5. 5 that was the worst week since march 20th and all three are coming off of their biggest weekly losses and last month after last week. The dow and nasdaq for the month of june would be down with the projected losses that were looking at this morning. S p is already down for the month of june. Also keeping track of the treasury market this morning lets take a look at that. Treasury yields yielding 0. 08 crude oil prices under pressure this morning too this is a sign of how much is anticipated in terms of a come back not only here in the United States but around the globe and right now wti down about 55 cents. Still trading 35 though at 35. 71 andrew. Thank you, becky. I hope everybody had a great weekend despite some of these losses that were looking at in the market i want to start
Ali. The session high was 3088, we lost a fair amount of ground from the first high this morning, the 200 day moving around is 3013 that got violated briefly and we will see if this hospitals. Yeah, and the stocks, we will see if it holds. Bob, good morning, good to see you. Thank you, happy friday happy friday, now you said that to you, yesterdays decline was no surprise. What about todays pop which is quickly fading now what does that tell you about what investor strategy should be i think when you i did klein the amount that we did yesterday, and have some sort of bans, that is not out of the ordinary at all. Im a little surprised it is not Holding Better we were very over bought as i heard in the last interview and i agree we had speculation cream in it felt like because the market was a v bottom that the market was off and running and it is off of the bottom but it will not be a straight line, it will be bumpy im more concerned about the election than the last interview. China, yo
Now more than 47 off the march low. The nasdaq closed at the record highs as well. This morning, seeing give back the dow indicated down by 345 points the s p indicated off 35 and the nasdaq off by 70 points. If youve been watching cha is happening with treasury yields, a lot happening. The 10year at 0. 82 we had been at 0. 9 . We had been at 0. 7 . We are seeing a little give back with oil prices seeing wti down just 0. 5 . We have another big show. Three squawk exclusive interviews taking place. Finding solutions for economic racial inequality. The highlight is ceo of e sen sur. And from barrons with a lot to say. Dick parsons will be joining us. A lot on tap thank you getting an update now on the reopening. Movie theaters in california can reopen on friday only if they obtain approval from county officials requiring imposing safe guards including limited attendance to 25 or 100 people, when whichever is lower. New york mayor bill de blasio is planning to make parts of manhattan, bus
Jobs falling by almost 3 million but much less than what economists were expecting. Coming up on todays show, as more companies address the rising tensions in america, well seek with ursula burns, the first black ceo of a fortune 500 company, about how Business Leaders can work for real equality and change. Well Talk Solutions with her. Plus the ceo of etsy will join us to talk about what his company is doing to address societal issues and how the coronavirus has changed his business the big stories we are watching in this final hour of trading, as we look at session highs, mike santoli tracking the market rally. Leslie covering boeing and more on the vaccine front. Mike, start us off with another day and another big rally. A big one this was a day it seems you had a lot more people who decided they had to quit fighting the rally. An acceleration to the upside. Take a look at a oneyear chart of the s p 500 weve been talking about this in here, 3,130 the number. Weve been pointing out t
Good morning, everybody welcome to squawk box on cnbc. Im becky quick here with joe kernen and Andrew Ross Sorkin. A gain of just over 1 the dow now at 25,000. Now the dow is indicated up 162 points the nasdaq closed at its highest day. Now about 2 from its alltime high thats the run youve seen since the lows back in march treasury yields. Theyve ticked a little higher the 10year looks like it is yielding 0. 75 crude oil prices yesterday, crude was up about 4 percent on this expectation that opec plus especially russia will extend those cuts put in place that was good for 4 as seen yesterday. Crude up by 1 to 37. 16 all of this against a tricky back drop. It is powering higher well talk to a lot of folks that will help us through this the need for Solutions Former white house and ceo of j j and they have big news on all of this. Getting an update of what has gone on. Reporting a day of mostly calm in washington, Late Afternoon in st. Paul, staging the protesters protesters ran past the