Edition of squawk box, which is starting right now. Good morning, everybody. Welcome to squawk box on cnbc. Im becky quick along with joe kernen and Andrew Ross Sorkin. Weve been watching with the u. S. Equity market and things are under pressure dow was down by 600 points on friday and adding to those losses today dow futures right now down by 273 points earlier this morning we were down by 350, so this is some improvement from a half an hour ago. The s p is down by 28 points the nasdaq off by 61 lets get rightto our big stor of the morning that is, of course, the Berkshire Hathaway meeting that was health over the weekend. Warren buffett speaking out about the Global Pandemic and his recent investment moves. This was a little different this year no crowds. Usually theres 40,000 people there. This time it was just buffett and Berkshire Hathaway Vice President on stable but his message was still received loud and clear. Buffett made the case that you should never bet against america, b
Home order. Republican lawmakers accusing the governor, gretchen whitmer, of abusing her power. Would be anxious. Nba players and staff have this is fantastic. I think everybody should be. Been asked to help with a new mayo clinic study that aims at scent and fire the signs and symptoms all parents need to know. A candle company, a one man identifying antibodies on the demanding justice. Band, this woman is awesome. Monisha edwards, produces, who do we run with . Protests grow louder after coronavirus. Ships, packs from her disturbing v were starting with a grimmer picture were getting when it onebedroom condo. Comes to the viruss toll on the she suffered from depression and anxiety, and turned to holistic ways to alleviate stress like economy. Jo ling kent has a closer look aromatherapy months later, still no arrests. Theres actually a code at the just ahead our interview with top, and thats our response to his mother. What mains me the most is at the numbers. A play list. That he was
Rare illness that may be linked to coronavirus. Dozens of children falling ill across the country. Dr. Ashton here with what parents need to look for. Fast food future. As supplies run low, the ceo of mcdonalds joins us live. Burger giant. Wildfire emergency scorching more than 2,000 acres in florida and forcing more than a thousand people to flee from their homes. More than a dozen structures damaged or destroyed. Were tracking the latest on the new threat this morning. Demanding justice. The family of Ahmaud Arbery speaking out. The unarmed, young black man chased by two white men in georgia, shot to death in the middle of the afternoon. His mother only on gma this morning. Pray you wont fade away the real allstars. I will use my voice. To showcase a real hero. How some of the sports worlds biggest heroes are honoring them from drew brees to carli lloyd. Thank you for bringing your a game. Halo, halo, halo halo, halo, halo hafr yay. Yes. I want you to take a look at this which makes
Say, someone who believed that things may not bottom. And i think hes switched. He may say its not in dramatic fashion because its near the middle of his piece, not at the top. I do believe what were seeing is a gigantic amount of liquidity put in by the fed, when it looked like things might go back down that mattered a lot. A lot of companies that dont have great credit are getting money. Thats important we saw the retailers go up last week it wasnt because retail sales were good, but because their credit was so bad, maybe they get a chance to raise money. Ge raising money a lot of companies are raising money that would not be able to raise money. That is going to be a major change to keep a lot of companies out of bankruptcy and in the same way that the oil deal might Keep Companies out of bankruptcy david, you know theres so much debt being issued now. And theres some opportunities for people who want to buy debt, but holy cow, is the government wide open to buying anything on thurs
Sunshine and chilly temperatures with low to mid50s at noon and mid to upper 50s with isolated showers and a lonely thunderstorm or two. All right, thank you, mike. Now to the latest on coronavirus. The Labor Department says more than 3 Million People filed for Unemployment Insurance just last week. The Senate Unanimously voted to pass a 2 trillion economic stimulus package overnight and that is to help people really get through this economic downturn. The bill will now move on to the house for a vote that is set for tomorrow. The deal will help millions of americans who are suffering financially. Now, the numbers that we mentioned from the Labor Department, they show 3. 2 Million People applied for unemployment in one week, which is the largest ever number documented by the weekly jobless claims report. More than 1,000 people have died in the u. S. Because of coronavirus. Nearly 70,000 people have been diagnosed. About 1,200 cases are here in the bay area and 27 people have died. A st