Earlier lossers. Well start in washington as several goernls decide to move forward. Roughly a dozen state ags are part of this effort. That number could grow this is expected to be bipartisan im told state ags discussed this when they met back in july. One of those at that meeting sent us this statement saying the attorneys general involved will consider the data telling us they will talk about the status of the state and the own anti trust debut they said they will be working together to ensure Big Tech Companies are being held accountable. Both the doj are being held to their views. Still question about the action and the scope of where they will be for the tech industry, the message is definitely clear. Regulators are watching and they are tired of waiting back over to you definitely will keep on watching this. Joining us now with the stock impact, founder and ceo of the international. I want to get your take on the market where we are at here i think right now, not talking tech bu
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
The subcommittee on communications and technology will now come to order. And the chair recognizes herself for five minutes for an Opening Statement. And i do want to welcome each and every one of you. Obviously a hearing of interest as we have a full room in front of us. And it is our first hearing in 2017 with a fully formed federal Communications Commission as often seems to be the case, the senate takes their dear ever loving time to get things done, but im pleased to see that the commission is back up to speed and ill tell you i am pleased that we have five members of this commission and they have different points of view to bring to the discussion on all things telecom related. I think that is healthy for the telecommunications and technology industry. Were here today to conduct oversight of the agency which is this subcommittees primary role. It is very important that we fulfill these obligations because we have given the fcc a Critical Mission and critical task to fulfill. From
Communications in technology will now come to order and the chair recogs ins herself for five minutes for an Opening Statement and i do want to welcome each and everyone of you obviously a hearing of interest as we have a full room in front of us. And it is our first hearing in 2017 with a fully formed federal Communications Commission as often seems to be the case, the senate takes their dear ever loving time to get things done but im pleased to see that the commission is back up to speed and ill tell you i am pleased that we have five members of this commission and they have different points of view to bring to the discussion on all things telecomrelated and i think thats healthy for the telecommunications and technology industry. And were here today to conduct oversight of the agency which is this subcommittees primary role. It is very important that we fulfill these obligations. Because we have given the fcc a Critical Mission and task to fulfill. From the commissionss Disaster Res
2017 with a fully formed federal Communications Commission as often seems to be the case, the senate takes their dear ever loving time to get things done but im pleased to see that the commission is back up to speed and ill tell you i am pleased that we have five members of this commission and they have different points of view to bring to the discussion on all things telecomrelated and i think thats healthy for the telecommunications and technology industry. And were here today to conduct oversight of the agency which is this subcommittees primary role. It is very important that we fulfill these obligations. Because we have given the fcc a Critical Mission and task to fulfill. From the commissionss Disaster Response efforts to supporting rural broad band to its efforts to streamline and modernize the regulatory environment, impacting some of the greatest recreators and innovators. Youre all doing important work and we appreciate what you do. One of the many jobs is to regulate broadca