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Becky is off we have a lot to get to. The s p 500 flirting with the new record high. Closing seven points lower futures pointing to a pull back the dow looks like it is off nasdaq off about nine points showing you stocks in europe also under pressure talking about why this would be. Closer to 2 in britain. And treasury yields look at the note looking at. 696. We are starting to see in covid cases pick back up in europe, which may impact here. Well try to talk to dr. Scott gottlieb about that. Fortnite maker epic games taking on apple and google over what it calls anticompetitive behavior giving users a discount and cutting out the e map services which cuts out the ability to take a 30 cut from sales. New users will not be able to download the game and existing users wont be able to download any updates. Google followed the lead and removed the game from the app store and was also hit with a lawsuit. The feature was not reviewed they did it with the express intent of violating the guide ....
Out of congress as opposed to just these executive orders from the president that are taking quite a bit of heat over the weekend. Yeah, look, david, i think that there is a sense initially that it was a white house grab and it kind of went through the weekend, there was a recognition that, wait a second, maybe it is a grab if youre going to give 400, 100 has to come from the states and many of the states including red states are in trouble. The thing that is most compounding people is that 12 of the people who make 80 to 100,000 get this bizarre payroll tax cut when the problem is not the people employed but the people who are unemployed. I think that its arer so counterintuitive our old friend larry kudlow always believed in that. We have secretary mnuchin right now, which is terrific lets do it lets do it. Go ahead, jim. Mr. Secretary, always good to see you on squawk on the street. We get a little bargaining done on the show. How have you been . Good morning. How are you . Im doing ....
All report Record Numbers of daily deaths. We are getting set for samsung results. We will find out how the pandemic has hit south korea smartphone makers later in the show. A look at how we are shaping up this thursday session. We will start with u. S. Futures. All eyes really looking at the fed, looking at jay powell. He said this is particularly the biggest economic shock in memory for the u. S. Prospects for further monetary stimulus, just incremental progress when it comes to negotiations, more fiscal stimulus, i should say. Chicago nikkei futures looking unchanged. It is a massive earnings day in japan, expecting results from hitachi, panasonic, as well as waiting on japanese retail sales. Retail sales coming out of hong kong later on. That is expected to be another grim picture. The yen, wonderful 97 is where we are. Steady below that one of five handle, the dollar coming under pressure from that super dovish fed and the dov ....
Markets looking to start the week to the upside. Futures inching higher this morning take a look there. The dow jones up about 71 points the nasdaq up about 63, and the s p 500 indicated higher by just about 10 points. This after markets finished a little change on friday. Retail, of course, and focus this week earnings expected from heavy hitters including walmart home depot lohse and target fighting back former mcdonalds ceo steve easter brook is slamming lawsuit from the company over his severance his defense later this hour. And heat wave, brutal temperatures hit the west, threatening the power grid in california. Plus, the state of travel airports bracing for a whole new world of changes at checkin what you need to know before heading to the airport. Mornings with maria is live right now. And were taking a look at the european markets edging higher as well. Take a look there the ftse higher and now investors are keeping the focus on travel restrictions, and u. S. China trade tensi ....
Hackett was brought in, he was a board member, previously he had done a great job at steel case the Office Furniture company in michigan and when he came in and he said, look, we are going to transform ford, get it ready for the future for Autonomous Vehicles, for electric vehicles. That hasnt happened ford has been mired in really not being making the move that its needed to make since 2017 they are starting to change that a little bit some of that because of the moves that jim farley has made as coo, he becomes the ceo effective october 1st and the marching orders are pretty clear. Transform this company, get ready for a future with electric vehicles, Autonomous Vehicles at some point, not immediately, but at some point, but, guys, this is the most interesting stat that i can find. If you go back over the l ....