Good morning, everybody. Welcome to squawk box on cnbc. Im becky quick with joe kernen and Andrew Ross Sorkin well start with the markets after the dow fell for the first time in four sessions. Airlines, cruz and retailers all fell during yesterday sessions those have been the volatile stocks if you look at u. S. Equity futures this morning, youll see green arrows the dow indicated up by 28 points nasdaq up by 24 and s p up 4. 5 yesterday, the dow was down 170. During the course of the morning, we were watching the futures and up as much as 250 in the morning. Weve been keeping an eye what is happening with the treadsry markets. Right now, it looks like that 10year yield is just at 0. 71 andrew good morning. Thank you. United states pulling out of talks with europe to tax tech giants Steven Mnuchin saying international talks have hit an impasse and there wasnt even room for an interim deal it threatened retaliation if they move ahead with plans of their home a number of European Compan
Katrina, a look back at the storm that devastated new orleans and part of the gulf coast. We begin night with unease by Global Investors as stocks start in the red. Markets in hong kong and china are dropping. Japans nikkei is dropping another amount as well. Slowing economy, the wall street journal says that chinese is pumping money into the markets to ease drops there. Week saw major lasts that followed 530 point drop. U. S. Markets havent tropped that far that quickly in four years. Were going to have much more on this story, coming up a little later in our broadcasts. We go to france where three american men are going to be recognized for acts of bravery, french president Francois Hollande will present them a medal of bravery, this man they subdeed wasubdued had hundreds s of ammunition. When most of us would run away, spencer, anthony and alex ran in. Is. It was either do something or die. Reporter Airman First Class Spencer Stone and alex scarlatos, are being recognized as heroes
The stakes are raised in tabcorp with reports tatts a major player may enter the game. 30 minutes away from the start have atrading day, lets look at what is happening. Haidi it is all about the oil patch as we head into ministersns, oil flying to russia for talks, saudi arabia saying a supply cut may not be necessary. That has taken some wind out of the recent rally in crude. Wti falling over 4 friday, extending losses. We are holding above 45 a barrel, but just. , 46t looking similar, off tilde . 67, so it is about the energy space. If we do get that supply cut announced and the details come through, markets have priced it in. If you look at where we are sitting three months out, weve come off that rally builtin after we started hearing about these potential supply cuts. This is what we are looking at in terms of the broader markets, a mixed picture, but the wind taken out of Japanese Equities. The nikkei 225 close to session lows. The topix snapping its streak of gains on account of