France threatens to get out of the rescue plan altogether. 11,000 jobs slashed, the german giant fights for survival. Welcome to the program. Looking at the futures, reflecting the way the european and u. S. Equity markets closed yesterday. Futures down in europe, mixed in the u. S. , reflecting what we saw yesterday were the u. S. Wobbled into the close at the end of the session. New york schools closing seems to be the factor. Breaking news, some commentary from astrazeneca in connection phasehase two, not the three news we have been waiting for. That is expected to come within weeks. This is more detail on the phase two data. They are confirming the vaccines immune response in older adults, that is crucial considering who is most vulnerable to the virus. The lancet is publishing the findings. A lot of stuff we have heard already from phase three trials more advanced than this from other drug companies. It has not been peerreviewed or in journals. We are getting the phase two study,
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
Forces, their size in afghanistan, will be 2,500 troops. Our force size in iraq will also be 2,500 by that same date. The announcement was made by acting u. S. Defense secretary chris miller. He replaced mark esper, who was fired by President Trump after joe biden won the electioner in this month. Troops have been gradually reduced as part of a peace deal struck earlier this year. U. S. Media reports say 4,500 soldiers are now believed to be deployed in afghanistan, and 3,000 in iraq. Republican Senate Leader Mitch Mcconnell is raising concerns about the timing of the latest move, and warned against any earth shaking changes to defense or Foreign Policy in the coming months. The planned reduction comes amid a recent resurgence of violence in afghanistan. The government and the taliban are engaged in ongoing peace talks, but they have yet to achieve a breakthrough. Turning to the latest on the coronavirus here in japan. Infections continue to spike across many parts of the country. Its
National Defense Authorization act, and a measure ealing with the boeing max 737 crashes. Requested votes will take place after 6 00 p. M. Eastern. Live coverage of the house here on cspan. The speaker pro tempore the house will be in order. The prayer will be offered by chaplain father conroy. Chaplain conroy let us pray. Loving and gracious lord of mercy, we give you thanks for giving us another day. In this single week, after a Long Campaign season and before breaking once again for thanksgiving, bless the members of the peoples house with focus and purpose on the issues facing them. We ask your blessing as well on those newly elected who will be joining this assembly for the 117th congress. May their transition into office be smooth and marked by the civility of Democratic Change of government which is the rightful pride of the United States of america. Lord, our nation continues to be besieged by the plague of the coronavirus. Send your spirit of peace that our people might be bro
To suck it up and concede the election. Well get reaction. Well hear from captain america, steve rogers is in the house. On how freedom isnt free all that and more on making money. Another. Charles another intriguing session, with tension in the air, financial media. Certainly not maxed for the market, right . You think about the socalled fear gauge, the vix for instance. It is coming down but you dont sense that, do you . Heres the thing, Goldman Sachs, their chief equity analysts look out for the roaring 20s, 2020s. Famed Hedge Fund Manager bill ackman betting against the market. We have gary kaltbaum, phil blancato, we have joanne feeney. Barry, whose side are you on here, who has it right, Goldman Sachs or bill ackman . Im still trying to figure out todays action, let alone the 2020s. Let me say this, i will give us a little bit of a negative, i wonder in the next year or so finally what Central Banks are doing is up and the markets finally, you know, give it the little repercussio