Announcement for plans to protect nursing home residents. Were working very hard on that. Were doing very well all over the country. And also about contracting with pfizer, we made a big, big beautiful contract with pfizer. We think theyre very close, but we have a lot of companies that are very close to produce a vaccine. And i wanted to come out again today to share some additional news with you. This afternoon, my Political Team came to me and laid out our plans for the convention in jacksonville, florida. Its a place i love. I love that state. The drawings look absolutely beautiful. I never thought we could have something look so good so fast with everything going on. And everything was going well. A tremendous list of speakers. Thousands of people wanting to be there and in some cases desperately be there. They wanted to attend. People making travel arrangements all over the country. They wanted to be there. The pageantry, the signs, the excitement. Were really, really top of the
Straight night of unrest in the city. Arsonists starting several fires around the federal courthouse despite federal Law Enforcement officers presence. Rioters threw flares, fireworks, molotov cocktails at those Law Enforcement officers. The leftwing mob injured at least three federal officers, protecting the federal courthouse. One of them t burned by an unidentified chemical. Portlands radical dem mayor, ted wheeler, showed up at the riot. Apparently he thought he would receive something of a heros welcome because he has made this violence possible. He was there to support the mob, who then turned on him, jeering and mocking wheeler. The mayor, thinking he was safe, taking part in a listening session with members of antifa and black lives matter, near that federal courthouse. The lawless activists tearing his city apart made it very clear, they dont like him either. [booting] [shouting] quit your job lou loud calls for wheelers resignation. Demanding wheeler withdraw more money from
Diego, it will be Online Learning only for the rest of this year. That is shut down. The l. A. Teachers union demanded medicare for all and the defunding of the Police Department as a condition for reopening. What has that got to do with education . Leftist politics rules and the largely minority student body in Southern California will be deprived of a meaningful education. All right. Lets talk about money. Earnings season has begun. Look at delta. Lowest revenue in 30 years, 3 billion forked out for virus expenses, burning through 27 million a day. That shows you how tough it is for airlines these days. The stock down a little premarket. Overall, a tiny bounce back for the overall market. Big tech largely in the red this morning. We do have some decent earnings from some big banks and thats giving the markets a very very modest boost. The dow is looking for a very small gain, maybe up 10 or 12 points. And we have the s p and nasdaq on the downside. Thats premarket. All right. Now loo
Im back. Great to be back. Back in the stacks with the books. Yes, yeah the Library Stacks are nice i wanted to show everybody where things are headed on this monday morning. Is it always up . I guess maybe it opens it feels like that i was told not to invoke his name when i mentioned him the other week he says everything goes up and it all seemed so crazy dow about 160 points nasdaq looking to open about 69 points higher in the s p 500 looking to open about 16 points higher treasury yields right now, lets do it. Lets show you the ten year note as we speak youre looking right now at the ten year at. 636. Melissa has news happening overnight. News out of china overnight beijing announcing sanctions and a spokesperson and the move comes after a top member of chinas Ruling Communist Party and three other officials over human rights a b abuses. Bo well ask senator rubio about this when he joins us live at 8 00 a. M. Eastern time on squawk box. Separately the u. S. Asked its citizens to be
Hurricane season. Unemployment emergency. This weekend millions of americans benefits are set to expire. Hear whats holding up a new round of support in congress, plus find out what the president just said he regrets. And chief decision. The first medical doctor to play in the nfl opts out of the 2020 season. Hear the super bowl champs reason why, and find out how much he stands to lose from the move. First, we begin this morning with a look at todays eye opener, your world in 90 seconds. Tropical storm hanna could very well become a categoryone hurricane making landfall somewhere around the Corpus Christi area. South texas is bracing for a possible hurricane. Warnings are up along the 200mie200 200mile stretch of the gulf coast. Hurricane douglas is starting to weaken. Thats good news. Reporter nearly 74,000 americans tested positive for covid19 in just 24 hours. It will take a few weeks, maybe three weeks or so, to see the downturn. And once youre on a downturn, dont declare victory.