Good morning, everybody. Im becky quick and welcome friyay were watching the equity futures. Three down days in a row, but the dow did make a pretty stunning recovery, down actually over 300 points after the numbers at 8 30 yesterday that showed that initial jobless claims were higher than anticipated. Ended down by 20 points at the end of the session this morning dow futures down about 13, s p s p are flat lining, nasdaq basically flat lining too well be watching this closely to see how people shoring things up you as we head into this weekend. And also take a look at what is happening in the treasury market the ten year which yesterday fell back below 7. 0 and now is 7. 26 . Lets talk about what happened last night. President trump and former Vice President biden making their case to the American People on dueling town halls i was sitting there with my remote going back and forth, both events focusing on the Trump Administrations handling of tGlobal Pandemic. Do you support herd immu
Leaning on big cap tech. Once again ass an anchor s p 500 First Time Since february, microsoft, tiktok in the news schumer says the democrats in the white house have started to move a little closer on a stimulus agreement, and of course david disney tonight, which will give us all kinds of information about the progress of parks, studio entertainment, advertising and more as we have said many times over the last few months, disney in some ways a reflection of the economy, certainly the consumer side of it to some extent. I know julia is going to be following that closely after the bell expectations cant be particularly high but we are looking for a lot more data when it comes to the parks and the attendance, when it comes to directtoconsumer of course with disney plus and the exhibition of motion pictures, which is not something thats going on right now. Absolutely, david, i mean, i think it will be really interesting to get some more insight into the success of that streaming business
Starting the quarter with gains. The nasdaq was up more than 1 by an alltime high. S p was up half a percentage point. The dow was up slightly. A decline of about 0. 3 . Burke buckle your seat belts a lot to come. We have been watching what is happening with the futures at this point, all three in the green. The dow up almost 200 points all coming before the big jobs report the last trading day of the week before a long Holiday Weekend for the 4th of july. You could see some activity happening here a quick look at the treasury market youll see right now, the 10year looks like it is yielding 0. 676 . It is that jobs preview people are waiting for to get a sense of what is happening in the economy. Lets bring you the preview maybe not the numbers itself but get ready for them markets in the u. S. Are closed tomorrow in observance of Independence Day today is jobs thursday forecasters expecting an addition of 2. 9 million nonfarm jobs in june Unemployment Rate expected to dr drop calling
2027488000. Mountain and pacific, 2027488001. You can also send us a text at 2027488003. You can also post to twitter and facebook. With thoseis morning numbers courtesy of Johns Hopkins university. The total number of confirmed cases in this country approaching 1. 7 million. On the right side of the screen, there is that figure, the death 98,929, 98,000 929. Nearly 100 thousand americans have died. A special pullout on the usa today, these are 100 people out of the 100,000 americans who have died from the coronavirus. Different ages, races, and backgrounds they point out. The next 100 days could define a new era, right usa today. It did not take longer than 100 days for the virus to claim the lives of nearly 100,000 americans. Thenimaginable toll, since first person in the u. S. Died from covid19, which is thought to have been february 6 in california. Borne out by the diminished rates of new infections and deaths in may is not enough to keep the u. S. From reaching that grim mileston
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