Live from new york where business never sleeps, this is squawk box. Good morning welcome to snark box. And whats new about that andrew is off today sitting in with us for the hour is Peter Boockvar, editor of the boock report very clever. Well done. Boock report yes i like it also a cnbc cribber we have a lot to talk about. Lets start with the u. S. Equity futures. Rattled rattled. Dow was down by 16. The s p was off by 3 nasdaq down by 10. Its the first time the nasdaq and the s p have fallen in 2018 it had a sixday winning streak up to that point well watch things this morning. Right now modest advances with the dow futures indicated up by 20 points. S p up by 4. Nasdaq up by 7 well see. Still early in the session well see as we head towards that opening bell what will happen overnight in asia, stocks in hong kong closing higher for the 13th day in a row, extending the record rining stre inwinning st index. Shanghai up by 3. 2 the dax is the biggest decliners of europe, down by 0. 2
Departments. The chair is authorized to have five days to submit materials for inclusion in the record. This hearing is entitled examining the operations of the committee on Foreign Investment in the United States. I now recognize myself for five minutes to give an opening statement. The free flow of capital is a bed rock tenant of a United States economy. Ensuring that free flow worldwide has always been a bipartisan goal and im proud to serve as cochair of the Global Investment in america caucus along with our colleagues mr. Holding, mr. Himes, and mr. Meeks. It promotes Global Investment in the United States economy and helps educate members about the importance of Foreign Direct Investment. Today, the United States is both the largest Foreign Investors and the recipient of the largest amount of capital investments. That capital has provided a good deal of the energy that kept our enemy vibrant. Compensating to some extent for our low National Savings rate to provides the fuel for g
A new omes race well right certainly there are growing tensions between the worlds two keen euclid powers the United States and russia with both sides frightening to upgrade their nuclear capacities and china is also expanding its Nuclear Arsenal not to mention other countries with Nuclear Ambitions such as of course north korea so our question here on quadriga this week is the new race a more dangerous world and to answer that question or to discuss that question im joined here in the studio by Constance Miller who is an expert on International Relations and Security Policy with the Brookings Institution in washington she says the world has become a lot more dangerous in the last twelve months problems with effective arms control oh only one of several reasons also with us is mosul naming an author and editor of the berlin based daily newspaper. He argues that none of the great powers profits from any kind of military installation the world is getting very unpredictable but not necess
High for the day. We should not get too complacent. We have continued to see swings. If you look at the gains, they are pretty broadbased. Only energy is lower. That has been the Weakest Group throughout the day. Utilities recovering as we see a little bit of a back up and yields today. Tech shares also strongs. Also strong. If you take a look at the weekly performance, we are setting up for the best week for stocks overall in quite some time. For tech specifically, and the xlk, it could be the best week going back to 2011 with a 5 gain this week. That would be even bigger if you counted the rally which began last friday. Cisco is helping lead the technology gains. That company is trading at a 17year high. The company came up with revenue that rose for the first time in eight quarters. The forecast was also positive and the company said revenue in the current period will climb as much as 5 . We have seen other companies and related businesses also on the rise. On the call today, the ce
The worlds two keen euclid powers the United States and russia with both sides frightening to upgrade their Nuclear Capacity and china is also expanding its Nuclear Arsenal well to mention other countries with Nuclear Ambitions such as of course north korea so our question here on quadriga this week is the new race a more dangerous world and to answer that question or to discuss that question im joined here in the studio by constance who is an expert on International Relations and Security Policy with the Brookings Institution in washington she says the world has become a lot more dangerous in the last twelve months problems with effective arms control oh only one of several reasons. Also with us is mother naming an author and editor of the berlin based daily newspaper to target. The argues that none of the great powers profits from any kind of military escalation the world is getting very unpredictable but not necessarily more dangerous. Found a warm welcome to to something old from t