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Transcripts For CNBC Squawk Box 20171120

The dax in germany up by. 2. The cac in france is up by a quarter percentage point the ftse is flat crude oil ended down by about 19 cents for the week last week this morning its down another 17 cents to 56. 38. A couple big stories were watching geopolitics. Germans chancellor Angela Merkel said efforts to form a Coalition Government has failed. Merkel has been working for more than a month to work with the, quote, free democrats and the greens after losing ground to a far right party in the september election if a coalition cannot be formed merkel could form a minority government or call for a new election youre looking at the euro down. Big questions about whats going to happen in that country. Also, in Corporate News, Marvell Technology is reportedly nearing a deal to buy chip maker cavium for 6 billion. Its going to create a bigger competitor for chip makers like intel and broadcom it would be comprised of 50 cash and 50 stock valuing cavium at 80 per share. Possible deal was firs

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