Tiktok positive covid19 treatment news eli lilly starting phase three of an antibody drug. Well get into that and we have better than expected manufacturing data which along with better than feared earnings is helping lift sentiment. Were on record close watch for the nasdaq 59 minutes left trade. We certainly are. Its up 1. 6 lots to come on todays show well discuss the fast moving developments in the talk between microsoft and tiktok and what a mean would mean for other social media stocks with chris kelly. The plus, big Testing Companies like quest and lab corps warn of back logs and delays, well talk to Gravity Diagnostics ceo we have big Earnings Reports coming your way. Virgin galactic, taketwo and chegg and more well bring you the numbers as they cross and analysis as well. Lets focus in on the big stories. Mike santoli tracking todays market action. Mike, lets start with you. Not far off session highs really not that far all time highs. About 3 below that right now. And weve ki
Tenyearyearo yields around 2. We sit down with Warren Buffett at 11 30 this morning. Dow futures up making up for almost all of fridays losses after the jobs number. You heard on squawk on the street them calling the fed irresponsible but said the u. S. Is not poised for decline. The i think the u. S. Market is fairly valued, and i think the markets in europe, are several years behind the United States. Europe is a bit more interesting. We see japan with qe infinity being interesting. Thats a relative waiting. Would we expect europe to perform the u. S. And japan outperform . Probably. Had some other choice words for Mary Joe White on the up tick rule. Saying all the volatility were seeing with the swings is not the way its supposed to work, and says that rule should come back. Hes been critical for some time, also of lie frequency trading through the years and various market mechanisms. He has been a vocal critic of the infrastructure of the markets or the lack thereof, i guess, in so
Ecb regarding that waver. Jobs number tomorrow. 15 billion deal in pharma pfizer buying hospira in allcash acquisition. Soft outlook for michael kors has the stock reeling. Keurig, l brands and dunkin moving as well. Tomorrow earnings after the bell from twitter. Interview with Dick Costello tomorrow on squawk on the street. Futures on the rise as stocks look to shrug off concerns on greece. Lost on the news ecb greece couldnt use bonds as collateral. Claims raise 11,000 to 278 but the increase less than expected estimate 290. It has been 15 years since weve had two consecutive weeks below 280. Wow. Look, the cross currents here 327 yesterday the market looked like it was going to have not one, not two, but three maybe plus 200 dow days. A beautiful thing, setup great. One headline out of europe and kiboshes the rally. Headlines 330 and 4 30 headlines get better. Down day to up day. Back in that european miasma driving everything crazy. In the end, there will be a deal. But do you . I
Good morning to you and everyone at home. Its being revealed which obama officials between 2016 in President Trumps inaugural. Usually the u. S. Citizens that, and attorney general william barr said the fbi probe was not legitimate. Sandra john roberts joins us now as we had this list may be made public as early as tod today. It was white house officials a moment ago said that they do expect that list could be made available today. We do now know why they acting dni ric grenell was over at the department of justice last week, it was to deliver a declassified list of names of Obama Administration officials who were behind the unmasking of general Michael Flynn after flynn was picked up during the president ial transition and intercepts of phone calls that he had with the Russian Ambassador to the United States. Susan rice requested the unmasking of several trump transition officials were picked up in various intercepts. The rice is oak fiercely denied ever licking those names to the med
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