Making a new case to walk away of the 16 billion buyout of tiffani. The real morning grind. What krispy kreme, starbucks and more have in store for you that youll need at 5 00. That and more here on Worldwide Exchange on cnbc. Wherever in the world you would be watching. Good morning or late night to tampa bay. Some people may still be partying social distanced and spo responsible of course because tampa bay beat the dallas stars to win the series 42. The second cup raised in tampa bay history. Hopefully next year, fans will be there congrats to the nhl for just getting it done. Here is how the money and the Global Markets are setting up for their tuesday. After the dow and s p rallied into the close yesterday posting their best day in more than two weeks. For the month, a different story. The dow, s p and russell are still on pace to snap five month win streaks. Sectors to watch today, energy after logging a gain oil and gas stocks actually made a little money random but interesting m
Flat tire. He is on the squawk news line. What happened . Flat tire first day back with my driver. We are on 78 which leads to the new jersey turn pike which is where andrew was the other day we are getting close to the lincoln tunnel i had to wait and have another driver pick me up. That worked. The only problem was we got a flat in the express lane we had to pull over on the median with semis going by on both sides the whole car was shaking. I was like, okay, ill never be there again. So i take it, you changed the tire i could have. The first thing i did was say, look, youve got to go over that median and get over to the right. Thats just asking for a problem. Seriously dangerous at 6 30, i will be there at 6 20 there might be a correction coming you guys can explain to me honeywell . I thought it already was it was in, it was out and back in i think this is the First Time Since 2013, well see three dow components come out. Now good luck. We are going to see changes coming i will tel
When you say a line, more than two people i think they have to be at work at 6 00 or something. I was upstairs getting my coffee everyone had a mask on but there were six or seven people out there waiting. Were you one of them . I was notone of them. Much better smelling. That would be from your standing and not max cutting the losses in half. Im willing to give that to him . I have to say, Brian Sullivan puts on a very good show i appreciate the lead in i listen because i do my hair and make up about five feet from here energetic at 5 00 a. M he brings it every day. You could be up or down up 2. 3 . S p was up 1. 5 . Both of those averages now on track for the Third Straight gains. This has been an impressive quarter. All the way back to the Fourth Quarter since 98 we have seen three months in a row that have been impressive. If things went south, you could see the s p 500 wipe that out. Those gains are in the green for the month of june. You can see dow futures are down only about 35
Typically this is the time you would see investors plow back into their equity safe havens like tech names. The sectors outperforming our the two that have been hit the hardest so far this year, financials and energy. Financial still off 24 . Energy down 30 year to date. Well asbank index doing regulators rollback some of the rules put in place after the great financial crisis. Banks will no longer have to set aside money when trading derivatives with their affiliates. That frees up capital, and that is always a good thing for banks. Regulators are modifying the volcker rule to allow banks to increase investments in funds. Do not watch not forget to watch for the fed releasing stress test results. Watch apple and disney, apples closing other seven stores in houston after closing 11 last week because of increased virus counts across different states. Disney delaying the opening of disneyland in anaheim indefinitely. It is not the cake and get approval from state officials in time for th
States are now open in some capacity, some states requiring that visitors and residents who are returning from other states selfquarantine before they actually enter that state. Joining me now to talk about the reopening of america and the real and permanent changes to the country that we can expect is the chairman and ceo of the Starwood Capital group, barry, always a pleasure to see you. Thanks for joining us this weekend. Great to be with you. Maria so now weve got all 50 states open in some capacity. I know you were out and about this weekend. What can you tell us . Assess this first week of the reopening. How do you see it . You know, i was on tv march 13th, and i was fairly bullish on the speed of the recovery. And everything ive seen only reinforces that. So ive been taking weekend drives im in miami right now where ive spent my covid quarantine [laughter] but ive driven to naples, and i was up in georgia the weekend before last, and ive been in northern palm beach. The island o