Allocated but hasnt gone out to anybody yet. So this bill will pass with basically democrat support, so reconciliation that allows them to squeak it by on 51 votes. And the compromise and unity that we heard so much about are not a priority at this white house so far. Republicans say this is a liberal wish list. President biden says that he will be the most progressive president in history. He told us that on the Campaign Trail and a promise that hes making good on and progresses are thrilled with it. Heres one progressive senator that said biden has been very good at the ending the garden so far. So are these passages about covid or about expanding the government here in the United States over the longer term . As this plays out, in the background of all of this about the money, theres a shift going on in the country. Take a look. Cases have dropped 47 since the daily average peak january 8. Very good news about where this virus is headed. Think about this. The governors that have rea
Good Tuesday Morning welcome to squawk alley. Were with you for the hour, what a fascinating market day, john walmart and home depot tickiki things off then for awhile there a bit of a tumble the dow briefly at its biggest loss plenty of dynamics to watch as we watch the retail earnings and the progress on stimulus big stocks and big tech in particular apple is fractionally higher amazon perhaps riding that retail news overall. Up better than 2. 5 . Alphabet up about a percent. Microsoft lower, and then there is oracle. In the news because of this tiktok bid, perhaps, carl. I dont know if there is anyone not bidding for tiktok lets start off with exactly that as a source tells cnbc that oracle has entered the race to buy tiktoks u. S. Operations. Walt, you know what my first take was on this microsoft was telling this story about their focus on the enterprise now theyre bidding for tiktok and oracle, how does it facility them at all . Does everyone just have to have a look microsoft ba
One hundred thousand cases a day. New york expanding the list of states on quarantine list as well. Markets this morning the first day of the Third Quarter, futures indicating this morning we are going to see a decline at the start of trading to kick off Third Quarter. Dow futures down 109 points and s p futures down 9 and a quarter. Yesterday u. S. Markets closed strong Second Quarter in the green in hope of additional stimulus. S p 500 yesterday up 47 points at 4 00 oclock on wall street. Markets had their best quarter in more than 20 years, take a look. Secondquarter numbers, up 17 on the dow, 30 on the nasdaq. Defunding the police, new york city cutting the Police Budget by 1 billion, some including like alexandria ocasiocortez says it isnt enough. Ray kelly will join me live at 7 30 a. M. Eastern joining me on the movement and what it means for already rise in crime throughout the country. A new era of trade begins the u. S. Mexicocanada trade agreement is in effect. Wilbur ross w
Well be looking at the crippling problem and what can be done to alleviate. All that and more on making money. Charles break out the nasdaq 9,000 hats, folks. It has been a decade for technology, which now, influences all facets of our lives and the process has created wealth beyond anyones imagination. Even not too long ago, think about this, after the Technology Bubble burst, the nasdaq composite, slipped into a form of purgatory if you will. But once technology really began to catch up, the hype began to impact the daily lives, sparked a modernday gold rush that shows no signs of slowing down. Considering this, total volume of nasdaq, in 20,173,000,000,000,000. Now almost 18 trillion, even todays session, the big names in tech are leading nasdaq even higher. The question, can the biggest winners of the session of the year, of the decade, keep it going into the next year, even the next 10 years . Here with me jackie deangelis, money map chief investment strategist, keith fitzgerald.
Spotlight. Some are calling the most interesting summit in years. Our own Brian Sullivan is on the ground there call it an amazing turn of events as steve cohen is reportedly heading to queens as Worldwide Exchange begins right now. Good morning and welcome to the show we have breaking news out of the European Union Joumanna Bercetche is live from london with those numbers. Good morning so this is the third reading weve had for the eurozone Third Quarter gdp. 0. 2 versus quarter two year on year we have the retail Sales Numbers for euro eurozone at 1. 4 versus expectations of 1. 2 the picture for europe has been some what dimmed by weaker retail and the Global Trading environment. One of the economies we are looking at closely is germany. The numbers there, exports have been moving in lock step with global trade you may remember in the Third Quarter, germany managed to skirt a recession coming in at 0. 1 with an expectation of 0. 2 for this time being eurozone is averting a recession n