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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 ....
Talks continue into today. The s p global is in advanced talks to buy ihs mobile markets in what would be one of the biggest deals of the year. A very warm welcome to the program, everybody. Just under one hour away from the start of cash equity trading for European Equity markets. Good to be back in the studio. Thats have a look at the future is and what they tell us about where we are headed this monday morning. Futures dont look great. European features move to the downside. The Asian Session has been fairly negative. These have been record months for global stocks. Rebalancing at the end of the month perhaps is part of the story here. We will talk to the market live team about this shortly. Lets take a look at what is going on on the gmm. Some of the weakest in the weakness in the Asian Session, down one point 3 on th ....
Thank you very much for having me. Its a real treat and feedback even if only virtually at fordham. Many years ago in a fit of youthful idealism as dave mentioned i got a phd in philosophy and that was great and my father was always terrific and said will never have to worry about a job because they just opened a bunch of philosophy factories by the interstate and you will be fine. I was very lucky to get a post doctorate at wharton and have always taught in Business Schools but i want to recapture today, if i can, that sense of optimism and idealism in the shadows of this awful pandemic and the really devastation that has occurred in the world and in many communities. I still remain incredibly optimistic that we will find our way out of it that we will find our way to Racial Justice and that we will build a better world which is what all of us, i think, would like to do. I ....
Than 1 as many of the cloud and socalled stayathome stocks get hit. It was the announcement that Pfizers Covid vaccine is more than 90 efficient thats what really set the market on fire we got more on that in a minute. Meantime, lets send it over to kelly. Thank you, sir. It is a huge day for the markets and a potentially historic one in a fight against the Chris Christie we have full Team Coverage for you. Bob pisani looking for the market reaction. Meg tirelli and bob pisani, lets start with you historic move for the s p 500 and big volume were going to do twice normal volume on the markets. We havent seen that recently, big volume on big up days. Thats a change on market sentiment. You mentioned small caps obviously vaccine, better reopening story. That would help small caps, look at this up almost 7 more than twice the ....