Good morning welcome to squawk box. Im becky quick along with yoe kernen and mike santoli. Andrew is off today. Well start things off with the stock futures after some positive vaccine news drove the dow and s p 500 to record highs. Dow giving back some of that ground, down by about 100 point, but remember how far they have marched for the last three weeks. S p is indicated down by about 14 points and then the nasdaq is indicated up by about 12 points. We do have some breaking news from amazon and better that coocoo Bertha Coombs ohas that story they are launching a full Online Pharmacy building on its acquisition of pill pack the new pharmacy is innetwork with major insurers and medicare and patients can pay for their prescription copays with funds from their Health Savings accounts just like they were at any pharmacy and they can confer with pharmacists online or over the phone about their prescriptions. Prime members get free two day shipping, patients who needs meds right away with
Today. That adds to the fire danger, mary. Thats right. Here we go again, dealing with extreme heat, dangerous fire weather conditions as we go through the day and into tomorrow. In fact it gets even hotter still. First, looking at that red flag warning in effect for the areas highlighted in red, inland valleys, Santa Cruz Mountains already seeing gusts 50 to 60 Miles Per Hour. The peak winds with the offshore wind event is happening now. I am continuing to watch winds ramp up this morning. Low relative humidity values and extreme fire danger and a wind advisory because of the strong wind gusts for north bay mountains, foothills, possible downed trees and power lines, record breaking high temperatures. This is 20 degrees above average for this time of year and tomorrow we will see temperatures sky rocket and get even hotter tomorrow. Well talk more about what you can expect in your neighborhood coming up. Lets check with gianna who is tracking the hot spots including the altamont where
Well also hear from thom tillis, rick gates and arkansas senator tom cotton. Markets this morning look like this. Futures indicating this morning a decline at the start of trading. The dow industrials down right now 276 points, the nasdaq down almost 201, as you see, and the s p lower by 38. Markets finished near session lows wednesday on fading stimulus hopes of. Earnings season meanwhile rolling on. This morning we hear from walgreens, Morgan Stanley and Charles Schwab among others. All the numbers as soon as they hit the tape this morning. The nfl is back in business, you can watch the biggest games on fox, fox nfl lead analyst and three time hall of Famer Troy Aikman is here previewing whats next for the super bowl and beyond. Mornings with maria is live right now. European markets this morning look like this. Weve got a negative showing there as well. The fq100 down 133, the cac down 107 and dax index lower by 363. This as we learned covid cases in europe have surpassed those in t
Nominating President Trump as the 2020 nominee as the commanderinchief kicked off Liz Harrington will be here and lets say there aint no party like a trump party. What he is calling a major breakthrough in the treatment of covid19, convalescent plasma. Dr. Nicole saphier is here to explain what it is and how beneficial it might be. All that and much more on making money. Charles all right. It is official, the rnc officially nominating President Trump for reelection today as their Convention Kicks off. Hillary vaughn live in washington with more. Hillary . Reporter charles, President Trump showing up in charlotte, north carolina, the host city for the rnc today, is in part a dig at democratic nominee joe biden after President Trump criticized biden and Kamala Harris for snubbing the host city of the dnc, milwaukee, wisconsin, choosing not to show up there. The rnc is a multicity event, part virtual and part in person. President trump is already capitalizing on the moment to deliver his
Investors are increasingly pinning their hopes to a virus recovery on the vaccine so modernas news is helping the market this monday morning. And its own stock, of course. The dow industrials, probably going to go up a few points, maybe 70. S p up about 12. The nasdaq, up 85 points. Green this monday morning. Next headline, gold. The price is now at an alltime high, closing in on 2,000 an ounce. A weak dollar plus the fear of a postvirus bout of inflation, plus the u. S. china escalation, all pushing the price to, what, 1956 per ounce as of right now. Were expecting the republicans to detail their trillion dollar stimulus plan perhaps today. 1200 checks, Liability Protection for business extended but reduced emergency unemployment bonuses. Larry kudlow on that later on todays program right here. Now, look at big tech. Top executives from four of them virtually testify to Congress Later this week. This is important. What are we going to do with the crown jewels of americas business . Ta