He. Live from new york where business never sleeps, this is squawk box. Good morning welcome to squawk box on cnbc. Im becky quick along with joe kernen andrew is off today. Weve been watching the u. S. Equity futures, things are still in the green dow indicated up by 60 points. The s p up 7 and the nasdaq up 27 the dow and the s p 500 for the month of june are Still Holding on to their gains. For the month, dow above 26,000. Look at what happened overnight in asia. The nikkei was down by a half percentage point the stocks were flat for the hang seng and shanghai composite. In europe in some early trading, there are green arrows across the board. The biggest gainer of the three major averages is the dax in germany, up 0. 4 in italy, stocks are up 0. 6 watching the treasury market in the United States, the tenyear is yielding 2. 112 . The u. S. Navy is assisting two tankers reportedly attacked in the gulf of oman. According to the fifth fleet, u. S. Navy forces in the region received tw
It began with a Defendant Flipping in the racketeering case against donald trump. Defendant ellis tearfully. We got a Bombshell Piece of news mark meadows has been granted immunity in special counsel jack smiths election interference case. Mr. Meadows reportedly told smiths team he long believed trump was dishonest about his claims he won the election, which is certainly something new. That report has not been confirmed by nbc news, and meadows lawyer is denying it so well have lot later in this hour. We start with the absolute debacle of republicans in the house of representatives, which is entering its fourth week fourth week without afo speakerf the house. Right now republicans are holding a vote Behind Closed Doors to choose their fourth nominee for speaker in less than two weeks. This morning after five rounds of voting behind cleeds doors, the party nominated its third speaker candidate, congressman tom emmer, and four hours later he dropped out the race. A source familiar with t
September 14. Minutes from now House Speaker Kevin Mccarthy is expected to meet Behind Closed Doors with three Committee Chairs who have been tapped to lead the Impeachment Inquiry into President Biden. 16 hours from a potential Strike Thousands of members of the United Auto Workers union could walk off the job if they dont reach a deal before midnight tonight. And this. Republican senator mitt romney calling for a new generation of leaders as he announces he will not seek reelection next year. The utah senator slamming members of his party saying a large portion dont believe in the constitution. And Human Actions pushed the earth outside the, quote, Safe Operating Space for humanity according to a scientific report that warrants the world surpassed thresholds. The Labor Department releases key inflation numbers. Some insight on where the u. S. Is on all of that. This hour of cnn this morning starts now. We are still very far apart on our key priorities. We do not have offers on the ta
Outcome of this election. What these lawmakers do next week will be etched into history, and the only thing theyll accomplish is causing a spectacle. Cnns Boris Sanchez joins us from the white house. Boris, President Trump and some of his most fervent supporters still seem to leave the election can be overturned but anyone with political sense knows this is over. Whats in it for josh hawley and ted cruz and these other senators . Reporter well, specifically for josh hawley, hes a rising star in the republican ranks. It is widely believed that he is anticipating a run for president himself in 2024, and this elevates his profile with Trump Supporters who still remain the bulk of the republican base. You could say the same about ted cruz. He has made a number of moves in a recent year in anticipation of a potential 2024 run, but for many of these other lawmakers, its simply about survival, ana. President trump has gone after republicans who have said they will not object to the Election R
For more. Phil, a pretty remarkable last hour. Tell us what happened. Reporter yeah, and it wasnt even close. Lets first talk about the policy, and it underscores why this was a fight the president shouldnt have picked to begin with. This is the National Defense act. It is the defense bill as outlined by legislators and for the last 60 years it has been passed by congress with pretty wide bipartisan margins. The difference this year was President Trump who opposed the bill, not necessarily on defense policy grounds, which is the core of what it is, it also protects the pay raise for troops, i might add, he opposed it because it did not include online appeal of section 230, not only the those who drafted the bill tried to tell him incessantly. It also authorized the change for army bases named after confederate soldiers. It was just a small component of this bill. The president complained pretty regularly that this bill was soft on china and russia, something the enactors of this bill s