Minute look at quick u. S. Equity futures at this hour show you how things look to be opening up in about 3 1 2 hours from now dow would be off about 20 points nasdaq looking to open up 15 points s p 500 looking to open off a little off well call it 3 1 2 points right now and also show you whats happening overnight in asia right now as we speak. Youre looking at red arrows across the board but well call it marginal except for the hang sang take a quick look at european equities as well as we flip that board around youre looking at mostly red picture, except the ftse 100 looking up 1 right now and finally treasury yields, tenyear notes unless youre looking for a 30year fixed right now the tenyear note is at 2. 060 joe . Big deal of the morning. Big. Big. Mylan, potential pharma deal to tell you about. Unit of pfizer with mylan. Thats right. Were expecting this news to be announced sometime this morning. What were hearing is that pfizer plans to spin off a unit called up john, off patent
himsel a pictuf in a taco bell. but just before that, biden tha made an announcement that stunned everyone in washington, washand his and staff. work t o we ve got a lot of work to do. and i m and i m doini g a major preo conference this afternoon,n, so i love you all. but i ask d like to ask you to leave swingtown. it was breaking news.. yeah, that was joe biden announcing he was giving a major press conference tonight. p full now, joe biden s handlers knowfn he isn t capable of holdingerene a major press conference. white he h can barely answer questions on the white house law n. so the white house quickly worked to cover up biden s fake announcementance fak. ke. they said the president misspoke by no noww, biden s own staff have come to expect his gaffes, but they didn t expectnl them from the vice president ,hr kamala harris. shis e was supposed to be the insurance policy. they didn t know.ey didn what e getting. officials in the bidenns administration were probably h
Legendary radio host great to have you here. My pleasure to be here. I should be getting ready for a show but thrilled to be here i watch you guys every day as i said for years and years as a guy who likes to dabble in this stuff, but i watch you experts all the time and yell at the screen, especially cramer. I was going to say thank you for spending the first day of the rest of your life for us. Looking forward to it for months pleasure to be here. You love sports but you love the market really into stocks. I had a guy who used to handle all my stuff and now i do a lot of it myself and i learn a lot by watching you guys and i watch religiously. I watch at 7 00 in the morning and him when he first comes on and at 12 00 when im getting red for the show every day we watch you guys. Certainly appreciate it a pleasure to have you. My pleasure. Jimmy, everybody wants to know as we hit new records across the port, another 200point gain, were a little bit off that how high can we go look, i l
Weaker looking at europe this morning, the early trading taking place, at least at this hour things are flat there the dax is slightly higher, the cac and ftse are slightly lower. Spain up by a tenth of a percentage point crude oil prices were up yesterday to a twoweek high, up at 51. 87 this morning those gains continue with wti for november delivery up by 21 cents to 52. 08. Wow dow component United Health is reporting. Stock has been on a tear for years, right in fact, the stock getting close to a new high, 1 186 billion market cap, almost 1 187 billion market cap reporting 266 a share. Thats tencents above expectation. For the year, they see 2017 adjusted net at 10. Medical loss rates, they call it Something Different now. They call it medical care ratio, 81. 4 thats like the inverse of profit margin. Revenue, 50. 32 billion you cant necessarily compare apples to apples, i like the earnings per share or the earnings increase. 26 . 26 earnings increase. That is what do you do with t
There. So much more to talk about, but i hope to check in with you over time. I hope so, too. David, appreciate your time. Bob bakish, ceo of viacom. Carl, back to you for the start of squawk alley. Good stuff, david. Thank you so much, david faber. Its 8 00 a. M. At twitter headquarters in san francisco, 11 00 a. M. On wall street, and squawk alley is live. Good thursday morning. Welcome to squawk alley. Jon fortt, sara eisen and myself at post 9. Dows up 101. Record highs for the dow, the s p and the nasdaq, as yields and retailers are climbing. Weve got this meeting between the president and key Airline Executives in washington, d. C. For that well go to phil lebeau. Hi, phil. Reporter hi, guys. I want to bring in gary kelly, ceo of Southwest Airlines. Thank you for joining us after coming out of a meeting with the president. Give us a summary of what you talked about. This meeting went on longer than you expected. It went on it was a very good meeting. We talked to the president an