Good thursday morning, welcome to squawk alley. Stocks did take a leg lower at the open the s p bounced right off of the 50 day well watch that closely but were off of the low levels of the early session. Here is the president yesterday on oracles deal with bite dance stands you said it was important that a u. S. Company buy tiktok. Were going to find out about that were looking at that from the standpoint of bitedance. We dont like that conceptually we dont like that. That has not been told to me yet. That has been reported but not told to me speaking of reporting, david faber has more of that for us. Not a lot of insight on that key question siting a source close to the deal, the conversations, that have been ongoing for awhile now. The president is most likely to make a decision in the next 24 to 36 hours. Not likely today, but prior to the weekend, im told, by someone familiar with the situation that he will make a decision as to the future ownership of tiktok here in the united st
A flight to moscow prompting western media speculation of the kremlin to foul play even as moscow offers to send him abroad for treatment. Of broadcasting live from our studios in moscow this is R G International thomas certainly glad to have you with us now it is day 12 nationwide on rest in belarus in the wake of the disputed election earlier this month large crowds on both sides of the divide are making their voices heard those who support president Alexander Lukashenko and those who want to see him gone. People here chanting for the president to resign in the city of goma well but in contrast youve got a convoy of the president s supporters driving past them with the official red and green flag antigovernment demonstrators also gathered in the capital minsk where activists lined up along a Central Avenue meanwhile in eastern. And ampitheater in vitebsk packed earlier in the day with fouls and the people chanting their support for president lukashenko progovernment marchers were see
Looking at the biggest weekly loss since late june the s p both with interday trading. The nasdaq is on track the fourth week in a row on higher prices dow futures indicated down at this poirchlnt looking at yields for the 10year. New this morning, china and the u. S. Have agreed to review the progress of the phase one part of the trade deal well do that in the coming days talks are scheduled from last saturday the review comes as u. S. china ties have deteriorated just summarizing you know that. Thats one of the reasons why. We knew that yes we have seen a series of things that show the relationship has deteriorated if you were to try to put the different segments of the rift, you are up at almost double digits how many Different Things have become bones of contention and the second largest, largest some days economy in the world. A global nightmare we need them, they need us on a certain way it is official taking advantage on what the administration would argue from the markets persp
The fed warnings on risk theres a lot to watch the and an airbnb ipo is now officially in the works. You were just talking about becky about claims and this onagain narrative, the split between Public Companies and smaller businesses. When you keep thinking about what target said, brian with a tour deforce performance, talking about taking 5 billion in share you know he took it from somebody i keep thinking about that, thats the 5 billion that probably would have gotten into Smaller Companies that dont trade or companies that are starting to lay people off or file bankruptcies. The i call to attention estee lauder today you dont expect that perfume or skin care gets hurt. Hopefully lipstick sales are better usually when other things are weaker were not seeing that. Were ripe for stimulus, but nobody is talking. Yeah, jim, thats interesting, estee lauder layoffs, american dropping 15 minutes. But covid cases are lit rally collapsing shouldnt this be going in the other direction . Yes, b
Recognizeey i myself. The warnings we had and decisions made about the most recent worldwide Intelligence Committee in january of 2019, and i quote, the United States and the world will remain vulnerable to the next pandemic where large scale outbreak of contagious disease that could lead to massive rates of death and disability, severely affect the world economy, strain international resources, and increase calls from the United States for support. We must ask ourselves what are the warnings are going unheeded, and what can we do right now to protect the American People from other threats . Before the unthinkable happens in the future, how can we exercise strategic and precisive foresight to the best of our ability today to ensure are a nation prepared for tomorrow . That same worldwide threat assessment Cyber Attacks is a top global threat with china, russia, iran, and north korea, raging a silent war capable of shutting down with such Information Systems and critical jeopardizing cr