For some information about those events coming to you shortly. In the interim im so pleased to welcome my guests Douglas Murray to our event this afternoon. Douglas is a journalist and i am sure many of you, if not all, have read his work in the pages of the National Review or wall street journal or the associate editor for the spectator. Most recently he wrote the madness of crowds and was with us in person at the Manhattan Institute in early 2018 and that was just after the publication of this book, the strange death of europe. Douglas is a Formidable Political critic and while he is an observer of all things uk and, i think, the u. S. Im not sure he knew the subjects of his most recent book and this one would come into play so much during this particular moment in time but they have and it is for that reason and many others that it is my pleasure to welcome y you, douglas, to our event this afternoon. Thank you very much, vanessa. Its a pleasure to be with you and all your members.
Good morning, everybody welcome to squawk box on cnbc. Im becky quick here with joe kernen and Andrew Ross Sorkin. A gain of just over 1 the dow now at 25,000. Now the dow is indicated up 162 points the nasdaq closed at its highest day. Now about 2 from its alltime high thats the run youve seen since the lows back in march treasury yields. Theyve ticked a little higher the 10year looks like it is yielding 0. 75 crude oil prices yesterday, crude was up about 4 percent on this expectation that opec plus especially russia will extend those cuts put in place that was good for 4 as seen yesterday. Crude up by 1 to 37. 16 all of this against a tricky back drop. It is powering higher well talk to a lot of folks that will help us through this the need for Solutions Former white house and ceo of j j and they have big news on all of this. Getting an update of what has gone on. Reporting a day of mostly calm in washington, Late Afternoon in st. Paul, staging the protesters protesters ran past the
Care names among those moving higher, mckesson, amer source better again, centene, seen some of them on a tear following news theyre in talks for possible 50 billion or thereabouts settlement related to Opioid Lawsuits Health care versus technology and whats happening with other names, it is an interesting proving point as markets are near record high levels whether theres more momentum. In the past week or so, more trade headlines, not just between the u. S. And china, and brexit this morning, moves more sensitive sectors in the economy. Semiconductors, home builder Stocks Health care you want to keep an eye on, carl back to you at the New York Stock Exchange to everybody, good morning it is 8 00 a. M. At netflix headquarters in california, 11 00 a. M. On wall street. Squawk alley is live. I am Carl Quintanilla with Morgan Brennan and jon fortt at the post nine. We start with netflix, another miss on subs well off session highs mark mahaney joins us to talk about that with Julia Boors
The regions are targeted by the gulf carrier estate. Acrosss 8 00 a. M. Emirates, 4 00 a. M. In london. I am shery ahn in hong kong. It, a sea of red. I dont know how else to describe this. Take a look at the function on bloomberg. You can see the red across the board. Japans nikkei down 2 , plunging. We have seen the yen strengthened for its seventh consecutive session. That is playing into the markets. 3 million leading the declines among asian currencies. We are also seeing sovereign bonds, the yields continuing to rise. Treasury yields falling in asia. The fourth executive session. A lot of people have tried to explain this coming from wall street. Look at this chart that i have for you, it shows that it might not really be. This slum may have very little to do with trump or washington at all. Investors have not been betting on potential changes. You are seeing multinational gaining around at the top panel. Stocks are underperforming the s p 500, and so on. This trade may be off ri
For hikes in 2017 may be latest to protect the economy from overheating. Electioning french will be typical for europe, permanent risk. That is according to the italian finance minister. Lesson have half or less than half an hour. Very slight gain this morning. Euro stocks 50 futures of. 5 . 05 bond yields. T bonds, are selling off very slight move but it looks like it could be a risk. Lets walk everybody overnight. Focus on foreignexchange rights now. The dollar being bid this morning. Something to Pay Attention to as well. A better day yesterday against the euro than the dollar. Starting to reverse a little bit. We will see how trade plays out over the next couple of hours. Juliette thank you. Brexit may offering a deal. The eu is challenging her attempt to tie a freetrade deal. Some coverage hands of the great repeal bill intending to adopt eu rules in british law. Donald trump will be briefed today on various ways to implement conference attack us tax code. Possible options by a gr