Welcome to squawk box. Im Andrew Ross Sorkin along with joe and melissa lee, becky is off the s p looking to open about 12 points higher. Well explain why some of this is happening and lets show you treasury yields as well the ten year note right now looking at 0. 931 . But maybe a little bit of an explanation coming up here, melissa . Yeah, some optimism Mitch Mcconnell said that compromised deal was within reach and well get a live report from washington at 6 30 a. M. And we heard it before, but it seems like btoth sides are comig a little closer. On a much lower number. And im just thinking about, i dont know, andrew, what did we do to deserve this i mean we are living right or i mean, who ushered in the new week on squawk box on monday who is helping us usher out the week that was on squawk box . A monday and a friday. Is this46 w was this planne melissa, what did we do to deserve this not wouldby not by me how long has it been, stimulus vaccine i guess the election, although we do
The s p up 11 the dow up nearly 13 on pace for its best month since january of 1987. The nasdaq up about 12 . Check out the small caps because the russell 2,000 is up almost 21 in november alone. Thats the stock world but, melissa, our other favorite topic, bitcoin thats been moving a lot, too. Maybe joes favorite topic, at least bitcoin after recently hitting 16,000 were seeing it recoop some of those losses in recent days its up by almost 2 today, above 18,000, 18,540 guggenheim is reserving right for 5. 3 billion Macro Opportunities Fund to invest up to 10 in the Gray Scale Bitcoin Trust which is only invested in bitcoin and of course this follows many large investors including stanley drunken miller voiced support for this krip cro currency, joe. Yes, it has been getting traction interesting recent trading and good to see you, melissa and andrew its tough to come back from vacation, but having you here, melissa, i dont know, it just makes me feel very, very comfortable, happy my he
The ceo that just passed warren buffet this is Worldwide Exchange right here on cnbc well, good morning, good afternoon and good evening from where ever in the world you may be watching. Happy monday its good to be back with you after a couple of days off and with all due respect to the bengals it may be another manic market monday. Futures up higher 125 points now speaking of earnings, investors dont seem to care major averages they have been on a tear the nasdaq 100 is up nearly 7 in just 7 trading days this month. With ten stocks in that index up more than 10 in july alone thats lead by the remarkable 43 jump this month. You have bank of america, johnson johnson, and all set to open up their books this week now to date more than 180 companies in the s p 500 have completely pulled the Earnings Guidance in the wake of the covid19 induced crisis. Wall street now staring at the widest dispersion in earnings estimates among analysts its all the way back to 2007. With earnings projecting
Men and women here, cases pending in the department and about judges before whom we have cases make it impossible for me to do my job. Harris i want to slide this and because this is just happening, we are getting word from one of our correspondence that a person familiar with conversations is telling fox news now that attorney general barr had complained to President Trump privately for weeks about his tweets and Public Statements that criticize the doj and its branches. Also today, Senate Majority leader Mitch Mcconnell weighed in on of this. The president made a great choice when he picked bill barr to be attorney general and i think the president should listen to his advice. If the attorney general says its getting in the way of doing his job, maybe the president should listen to the attorney general. Harris despite the advice, the president taking to twitter. The president has never asked me to do anything in a criminal case. This doesnt mean i do not have the legal right to do so
The esquire. [laughter] melissa i cant wait to get started. President trump set to speak of the nations largest gun rights group, where for Third Straight year he is the keynote speaker. These are part expected to go after the growing number of democrats seeking to take him on in 2020. Including former Vice President joe biden. Yesterday a former vp taking on the president in his announcement video, and earlierg the white house the president had this to say. I think we beat him easily. I feel like a young man. Im so young i cant believe it, of the youngest person i am a young, vibrant man. I look at joe, i dont know about him. I dont know. Hes too old i would never say anyone is too old, but they are making me look very young. In terms of age and in terms of energy. [laughter] melissa theres a lot of smiling there. A short time ago on abcs the view, former Vice President biden responded. If he looks young and vibrant compared to me, i should probably go home. [laughter] look, Everybody