An antitrust lawsuit against google, characterizing its search and advertising business as a monopoly. Shares shrugging it off, up 2 well speak to a top analyst about what it could mean Going Forward for big tk and Tilman Fertitta is seeing bright spots in the country. Hell tell us where and why. Power lunch starts right now let me welcome you to power lunch as well take a look at some of the big names we are watching today. Netflix slightly higher ahead of its earning reports, that stock down about 4 . And no earnings boost to ibm, thats the biggest drag on the dow after reporting its Third Straight quarter of revenue declin declines and financials one of the best performing sectors thanks to regional banks, helping the rest of the group kelly. John, thank you we begin with the two big stories out of washington today. Elan has the story but first Kayla Tausche is tracking new developments on stimulus aid reporter today marks the end of the 48hour window that nancy pelosi set to reach
Who outperforms when it comes to the smallcap. Taylor we tech about the theme of the week, theme of the month. Back into gold and further out of dollar weakness. I heard you ask that really smart question about the dollar a few institutional banks trying to question that idea. That, thatr told you the dollar is for now still the reserve currency, at least in his lifetime. Big picture when we talk about flows, that will be one to watch. Romaine lets bring in linda. We are inthis market right now, at least off some of the record highs of the industry . Is this a market you want to buy and hold or do you become more of a trader in this environment . Linda i dont believe that any of us are particularly any good at being traders. It is an unprecedented time we are living in right now. We still have very high unemployment. We would like to have more belief that the virus is under control. I think powell made that comment to us as well, that the virus is going to decide much of this. Bulls on
He. Live from new york where business never sleeps, this is squawk box. Good morning welcome to squawk box on cnbc. Im becky quick along with joe kernen andrew is off today. Weve been watching the u. S. Equity futures, things are still in the green dow indicated up by 60 points. The s p up 7 and the nasdaq up 27 the dow and the s p 500 for the month of june are Still Holding on to their gains. For the month, dow above 26,000. Look at what happened overnight in asia. The nikkei was down by a half percentage point the stocks were flat for the hang seng and shanghai composite. In europe in some early trading, there are green arrows across the board. The biggest gainer of the three major averages is the dax in germany, up 0. 4 in italy, stocks are up 0. 6 watching the treasury market in the United States, the tenyear is yielding 2. 112 . The u. S. Navy is assisting two tankers reportedly attacked in the gulf of oman. According to the fifth fleet, u. S. Navy forces in the region received tw
Moldova and Alexander Mavridi, accused of murdering moscow businessman vladimir morugov, armed with a wrench, twisted all the locks in the temporary Detention Center and freely left the guarded building of the ministry of internal affairs. The visiting thiefs did not rejoice in freedom for long, some were caught immediately, others gave themselves up a little later. Most of the Law Enforcement forces were sent to search. Mavridi, it was he who was suspected of organizing the daring escape from istra. How did the wrench end up in the isolation cell . The escaped criminals had accomplices in which country did the killer of the sausage king, Alexander Mavridin, want to hide. We took charge of this case and conducted our own investigation. With one wrench, several attackers managed to loosen four bolts on the lock of the istra prison cell temporary detention, then the criminals freely left the subdivision of the Moscow Region Police Department and disappeared into the darkness. Nights, the
Facebook or tweet us at wusa 9. First alert chief meteorologist topper shutt joins us now. This was sent by Suzanne Jacobs in bluemont, virginia, further out than leaseburg. See pretty good size tree went down. Suzanne, thank you for taking the picture. Sorry about your tree damage. The beach forecast, great, i mean fantastic, sunshine, saturday sunday and monday, mid 70s. Upper 70s on sunday. Monday looking at temperatures in the low 80s with pretty much full sun. Closer to home, if you have plans, fantastic, tomorrow morning, 7 00, cool temperatures, 62 gaithersburg. 63 in buoy. 62 when we come back we will talk about when the 90s reappear and the next chance of storms. Arlington, a former juvenile probation officer is charged with two attempted abductions, this man, justin poe of wood bridge, virginia, in may a female victim woke up on her home to find a man sexually assaulting her. Dna evidence and a composite sketch linked the case to attempted abduction and another attack at a th