Countries, targeting the development of treatments and vaccines. You heard it here first, back in april, when senator tom cotton joined me on sunday morning futures. You believe that they are stealing intellectual property right now as we speak. I have little doubt that the Chinese Intelligence Services are actively trying to steal americas intellectual property as it relates to the virus that they unleashed on the world. Maria and now we have the of usual word. Breaking the official word. The u. S. Ordered china to close the consolate in houston as reports come in of documents being burned on the site. We have the late echt. Markets looking at a lower opening for the broader averages, futures indicating a decline at the start of trading, 88 points lower on the dow, nasdaq lower 17, s p 500 lower by 10 and a three quarters. The dow and s p 500 continued a winning streak yesterday. The nasdaq took a breather. The nasdaq was down. Its one of the busiest days for earnings this morning, bi
Good morning welcome to squawk box. Im becky quick with joe kernen and Andrew Ross Sorkin weve been on a bit of a winning streak up four days in a row. Yesterday the dow was up this morning, you are seeing a little pull back dow down s p down and nasdaq off by 172 yesterday, Goldman Sachs helped. Good news from moderna godm goldman came out with much better numbers than anticipated. Also looking at the trezy yield. The 10year is sitting about 0. 622 good morning. As joe mentioned earlier the twitter shares are lower after the company showed dozens of users were part of a twitter hack targeting some employees who had access to systems and tools. Among those hacked joe biden, jeff bezos, bill gates, elon musk all telling users to send massive amounts of bit koip to an address they are diagnosing the problem and will share everything once the picture becomes more clear if they got in through employees with tools and access to accounts that raises questions about security procedures at tho
Wineries and more citing rising covid19 numbers. Several other states are also slowing their plans to reopen. This is happening even as the economic destruction from the lockdowns has become more clear. The web site yelp carries reviews of restaurants and other Services Companies and reports that as of mid june, 140,000 of its listed businesses remain closed. But the biggest debate this week and perhaps the most important has been about opening schools in the fall, the two biggest districts in california los angeles and sand way ego have announced they will not be holding inperson instruction. Several other cities are looking at hybrid classes. And democratic new york governor Andrew Cuomos Education Plan comes with a lot of conditions. Were not going to use our children as guinea pigs. James but members of the medical community are warning that not opening schools would put children at greater risk than the virus itself which doesnt affect youngsters the way it does adults. Former Sta
Set to expire and white house chief of staff mark meadows is here with an insiders look from the white house as the screws keep turning on china. Attorney general bill barr calls out Corporate America for beijing and senator john kennedy will join me with what his move will be next and also Global Investor ray dalio is here responding to ag barrs warning about china plus what does all of this mean for the 2020 election former white house chief strategist steve bannon for his message on President Trump on what it will take to win in november. All that and a lot more as we look ahead right here right now on sunday morning futures. Maria all that coming up but first, flags across the capitol are at half staff this morning in remembrance of civil rights icon, john lewis. The long time georgia congressman passed away friday night after a battle with pancreatic cancer he was 80 years old. Lewis was the last living speaker at the 1963 march on washington where dr. Martin luther king jr. Deliv
Burning documents, not shredding them burning them, China Threatens to retaliate and feels and looks like a new cold war. We have a significant turn in the fight against a virus, President Trump says its going to get worse before it gets better. A clear sign that the economic effects will drag on past the election. However, the trump team signed a contract with pfizer with 100 million vaccine doses. America gets the vaccine first, they pay pfizer 1. 1 billion and the cost to you, 0. Two stocks, got to watch them all day long, microsoft and tesla, the Financial Results reported around 4 00 oclock eastern this afternoon, in advance of that those stocks are on the upside. By the way, as of right now tesla is the most valuable car company in the world worth more than gm, ford, and honda combined. And microsoft at 1. 5 trillion is the second most valuable company right behind apple. We have big news on real estate two, applications for mortgages to buy a home of 19 over last year. Refi appl