China trade talks are off. President trump says hes postponing any talks as leaders, xi jinping reportedly facing opposition from within his own party. Its another big day for retail earnings this morning. We are waiting on lowes, target and tjx opening before opening bell this morning. We are talking with apartment ceo after reporting double beat yesterday. He will talk about the pandemics impact on Consumer Habits and concerns over stimulus checks drying up. Markets this morning looking for another recordbreaking day, take a look at future, indicating a gain, dow futures up 51 points, nasdaq futures up 18 and s p and nasdaq continuing in record territory as you see there they are up this morning after hitting alltime highs yesterday. S p 500 scoring fastest rebound from a bear market in history. Yesterday the dow was down 66, but the nasdaq was 81 and the s p up 7 points. New york city is about to get sweeter, krispy kreme opens Flagship Store in times square, ceo live here at 7 20 a
On this afternoon. In asia, the nikkei was down the hang seng was up 0. 23 for european markets, the dax is slightly lower you see slight gains for the cac, the ftse 100, stocks in italy and in spain look at the Treasury Department. The tenyear is yielding 2. 090 . We have a very busy day going on in the markets. From wall street to washington, lets get you through the squawk planner. On the earnings front, three big banks on the docket starting with jpmorgan that will come at about 6 45 a. M we have Goldman Sachs coming in with its earnings. Those should be announced around 7 30 wells fargo earnings should cross the tape at 8 00 a. M Johnson Johnson will also report at 6 50 a. M. Eastern time well bring you a first on cnbc interview with the cfo right after that report. On the data front, we will be getting june retail sales, import and export prices as well that all hits at 8 30 a. M. The other big event on the planner is big tech is back in washington today the house judiciary subco
How its changed the conversation about sexual abuse and harass manhattan. And a world war ii veteran keeping active. Meet the neighbors who put out chairs to keep him moving. But we begin this morning with todays eye opener, your world in 90 seconds. I was stun and brokenhearted at what i saw. John kelly defends President Trump. He called four people the other day and expressed his condolences in the best way that he could. Said to him, sir, theres nothing you can do to lighten the burden. Amid the controversy over President Trumps call there are serious questions about the attack itself. Do you feel the administration has been forthcoming up to this point about what happened there . Of course not. The u. S. Senate has passed a budget plan. A major effort to overhaul the tax code. Bigotry seemed emboldened. Former president s bush and obama are blasting the politics of america. Instead of politics affecting our values theyre disrupting our community. A protest at the university of flor
Down a bit, as for the 10year note yield and oil, really oil and perhaps becoming more important yet again to our broader equity markets it is up rather sharply extending gains from oh. From friday after the strong jobs number. To our road map and it starts with walmart buying jet. Com for 3 billion in cash and 300 million worth of walmart shares. That will be paid over time. The biggest acquisition of an Ecommerce Company ever. More on the deal coming up. Plus, delta trying to get back to normal after all flights were grounded across the world due to a computer problems. Shares lower this morning. And from the pool to the beach, all the highlights from rio, including Katie Ledecky and michael phelps, both of whom wowed the crowd last night. I could watch that swimming all the time. Just love it. Being thats what i do. More important on the troubles of brazil. Just watch the competition. The competition is incredible. It is. Moratorium on the life. Heres the problem with the water, the
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