Friends weekend. Starting with this, Vice President harris hitting the Campaign Trail pushing this message. Obviously im not Joe Biden. I offer a new generation of leadership. We will chart a new way forward. Pete but after three and a half years in office, is the new way forward just more of the same . Will and i go Off The Wall to compare and contrast her policies from joes. Rachel plus, from True Blue to red. A long time California Democrat joins us and explains why shes changing parties and she now backs trump. Will splashdown official commercial Space Mission comes to an ngdz. The third hour, though, of fox Friends Weekend it starts right now. Rachel you guys are looking at a beautiful shot of wisconsin. On a gorgeous fall morning. Were so happy youre here with us it is 8 00 a. M. Here in new York City and im joined by will and pete the band is back together. Will for now just ranked us on Pop Culture Roundup and yints i didnt win. Rachel now no breakfast because he sent it to the
Welcome to squawk box. Im Andrew Ross Sorkin along with joe and melissa lee, becky is off the s p looking to open about 12 points higher. Well explain why some of this is happening and lets show you treasury yields as well the ten year note right now looking at 0. 931 . But maybe a little bit of an explanation coming up here, melissa . Yeah, some optimism Mitch Mcconnell said that compromised deal was within reach and well get a live report from washington at 6 30 a. M. And we heard it before, but it seems like btoth sides are comig a little closer. On a much lower number. And im just thinking about, i dont know, andrew, what did we do to deserve this i mean we are living right or i mean, who ushered in the new week on squawk box on monday who is helping us usher out the week that was on squawk box . A monday and a friday. Is this46 w was this planne melissa, what did we do to deserve this not wouldby not by me how long has it been, stimulus vaccine i guess the election, although we do
Candidate. It is september 9. This is Worldwide Exchange here on cnbc announcer this is cnbc breaking news market selloff. Good morning. Good afternoon good evening thank you for joining us on an important morning. We are glad you are kicking it off with us. Futures this morning are higher. The dow is up 142. It is early. Nasdaq futures, they have been the one to watch they are up right now 170 points more than the dow. The markets taking another big hit yesterday. This is the continued selling we had from last week it appeared to be ramping up to begin our week here. Not just with Technology Names the dow falling 630 points yesterday, s p 500 closing down 100 points to end the worst and first threesession losing streak since june. Big tech taking the brunt of the impact notable declines apple down nearly 8 or 7 microsoft shedding 11. 5 a share, also on the rebound this morning. The stock everybody cares about that the market cares about is tesla. Tesla yesterday losing 88 a share. Mor
From the market today, even do see the that, we higher than yesterday, and volume down 6 or yesterday. Same time lets bring back darrell kronk, ells fargo Institute President to give us a little more insight off what we should be looking for next week. Its april jobs report, it will midmarch to midapril, so asically a more clear picture of what happened when the lockdown really took effect. Will that data point matter to investors. Its backwards looking, yes, but its going to e really paint out for us in black and white the damage from the pandemic. Darrell yeah, its a great point, scarlet. It will matter. It always is, if not the most important Economic Data point, one of. Y it looks less like on the math 22 millionhere around jobs would have been lost through the month of april on payroll report. To put that into perspective, thats basically all of the jobs in the u. S. Ed economy through the 20092020 expansion period. The Unemployment Rate is going willeak to 16 , 17 , which far sur
Barbara duran from bd8 capital markets. Thank you for joining us today weve got a lot of forces at play again another kind of side waist market, but some Risk Appetite if you look at whats moving higher today i agree with that i think that the action has been very constructive. And i think whats going on is youve seen the earnings expectations come down you had just a little sample last week, but majority of Companies Beat earnings and the most important thing, i think, was jpmorgan and American Express talking about the strength of the consumer in loans and spending and thats really the underpinning to the economy. And so we also know the fed, they have a meeting coming up. Im not expecting them to cut rates, but they have made it clear they stand ready and i think that forms an underpinning for the market. And not to mention china we have a little truce there i think we were all expecting some more down babeat commentar from what weve heard so far but so far, its been okay maybe rest