Good morning, welcome. Today we are very fortunate to have a very special guest with us, miriam pawel. However, i would like to introduce myself first so you know who to complain to later. My name is greg berrios. Im a former book editor of the san Antonio Express news. I worked for many years in los angeles for the Los Angeles Times. Ive written for the new york times. Currently i write for the los angeles review of books and im on the board of directors of the National Book critics circle. Im also the author of a book of poetry that deals with lacausa. In fact, its called, lacausa. At this time i would like to introduce miriam. Miriam is the former Pulitzer Prize winning editor who spent 25 years working at newsday and the Los Angeles Times. Her book, the crusades of cesar chavez, a biography is the First Comprehensive biography of the iconic, charismatic leader. She has also written the union of their dreams, a widely acclaimed and nuanced history of chavezs United Farm Workers Move
Good morning welcome to squawk box. Im becky quick with Andrew Ross Sorkin and joe kernen. Welcome back both of you some big moves we are looking at today. Lets look where things stand with the markets dow futures are off by 34. The big news is happening with technology stocks. Down 343 points. Thats big you are talking 3 of the market or 3 decline for the index. Thats a big deal when you look at what happened last week on thursday, nasdaq was off 5 on friday, another one and a quarter percent. You are taurking 6 and a quarter decline. Because of what is happening with the biggest stocks in that. Tesla indicated down 11 in the premarket Asml Holdings down nvidia down advanced microoff off 4 . Those that have boosted that weve seen selling off today you are still looking with these declines at a market at higher levels weve run up quickly and we are seeing it now joe. Watching it head higher watching it ever day, we are like this tech stuff is insane benefitting from what we are all liv
Congress still stuck in a stimulus stalemate not even at work. Turning to markets futures are rallying this morning. Tripledigit gain on the dow industrials, both s p and nasdaq hitting another round of alltime highs. The dow turning positive for the year. Take a look at the markets this morning. Wash, rinse, repeat, House Speaker nancy pelosi breaking San Francisco coronavirus rules getting her hair done in a salon. Where is your mask, nancy . The backlash ahead. Plus a Retirement Plans that starts at birth. Mornings with maria begins right now. Checking Global Markets, european stocks rallying as well following wall streets record run. Look at french and german markets more than 2 , in asia overnight markets mixed, both to plus side. President trump vowing to help the city of kenosha, wisconsin rebuild amid protests. Cheryl casone has more. Good morning, cheryl. Cheryl that is right, good morning. President trump making pledge to Business Owners and Law Enforcement officials there. I
My name is greg barrios. Im a former book editor of the san Antonio Express news. I worked for many years in los angeles for the Los Angeles Times. Ive written for the new york times, currently, i right for the los angeles review of books, and i am on the board of directors of the National Book critics circle. I am also the author of the book of poetry that deals with la causa. In fact, its called la causa. At this time i would like to introduce miriam. Miriam is the former pulitzer prizewinning editor who spent 25, with the Los Angeles Times. The crusade of cesar chavez, a biography is the First Comprehensive biography of the iconic, charismatic leader. She has also written the union of their dreams, a widely acclaimed and nuanced history of chavezs United Farmworkers Movement. She recently received a humanities endowment of fellowship to support the chavez biography. Please welcome miriam powel. [ applause ] thank you. Hi, miriam. Hi, greg. Thanks. Can you hear me . Im on. I want to
Nasdaq is going for its second day in a row josh, we got within a point. Same narrative here. What now we figure were going to hit new high for the s p those stocks are really all you need to get it done like a nominal new high its been 122 days since the last time the s p 500 had an all time closing high. If you think about the media number of days between making those closing new all time highs its about 90 from one year to the next i guess i would say this is pretty average year all Things Considered i would not be surprised to see an all time record close for the s p very soon. What you need to get there is all working. One other thing i would grow into the mix is put to call ratios have collapsed. Its a historic collapse i think its indicative of sentiment out there. People are just no longer afraid of a resurgence in the virus or a spate of negative headlines that will send this lower. The evidence of that is if you look at a 50day moving average you have to go back 15 years to f