The cac is up and the footstsef. The yields something weve been watching closely ticking up a little more like it was yesterday and that was a big difference in yesterdays market rally compared to the risk on tone to the sector performance. Thanks for that if youre looking for a negative, we did come off the highs. A couple of offsets, but it was a more constructive. Were getting back. Ill tell you. I can tell you week ago whats a week ago when i was sitting in for melissa, everyone was bearish. Really . Monday was a big week. It was the s p 500 and nasdaq both down. But that had been after six straight five or six straight weeks, so everyone was bearish the guy from Morgan Stanley, very bearer . Oh, i remember. Swell see. Bo jo, ten more people backing him. He had powder all over his nose. Thats derailed his campaign. Really . Theyre down to ten candidates. Ten. Boris johnson will make the final two. Less than the democrats you know, watching what happens in italy and all these other
Targeting base technology, House Judiciary Committee Holding First hearing today over anticompetitive practice, 450 milliondollar mystery solved. Wait till you see this. Many begins right now. Maria looking like the rally is continuing this morning, strong move this morning with dow futures up and nasdaq up 51. U. S. And china at odds over potential deal. President trump spoke yesterday on the negotiations which could happen at g20 summit after earlier threatening tariffs. I think president xi of china, great relationship with him, i think he will be there, we are scheduled to talk and to meet. Right now we are getting 45 from 250 billiondollar worth of goods, a lot of money pour to go treasury, weve never got 10 cents from china and now we are getting a lot of money from china. Maria joining me right now mitt romney chairman director. Good to be with you. Maria whats your take on the standoff of u. S. And china at this point . Well, look i think the dynamic is interesting because both
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
Prices sharply higher this morning, 3 . Chaos, at least 2 dozen Police Officers injured during crash officerinvolved shooting. Questions this morning for facebook Ceo Mark Zuckerberg, report suggests he might have been aware of practices in company. Fallout coming up. Mornings with maria begins right now. Maria oil prices soaring this morning, report attack in golf of oman, two oil tankers hit one operator said, it believe ship was hit by torpedo and the crews on board safely evacuated. The u. S. Navy is assisting here after receiving distressed calls, Price Futures Group phil flynn, thank you so much for weighing in this morning. Prices of oil 3 , how do you see the situation today . This is highrisk situation because this is one of the critical choke points in the oil market, maria, because of the tensions this could be replay of what we saw in 1908 with 1980 with the tankers because insurance and security for tankers will go up. Maria we are still getting more information on who is
To the south, weve seen low 60s, santa clara valley. 55 in santa cruz. 40s in the santa cruz mountains. Overall being look if a nice pat were to continue probably all the way into friday. Does look a little warmer once this low eject out. It wont change too much. Our temperatures, just subtle day to day changes. Now, it is like the commute all of a sudden woke up and there are a number of did you have rent problems to tell you about. One in eastern contra costa county. Well go to highway 4 at bailey road in the westbound direction, westbound highway 4 at bailey road, a two vehicle collision. You can see it is creigh its august backup that he can tend past pittsburgh. You are all going to have a tough drive coming from fremont on 880 down to the south bend because of a number of issues. The fast left lane is blocked by a crash. Southbound 880 did you op landing road and westbound, there is a collision as well. Backup extend into richmond from this weekend an highway 4 and lafayette, thi