one season coronavirus relief speaker pelosi says she and the treasury secretary talked again tonight about trying to figure something out and we are about an hour away from the vice presidential debate between kamala harris and vice president pep pence. you can see it on nbc. now yokn . it is 5:00 a.m. in d.c. and here is your top five at 5:00. one sector not named technology hits an all-time high. and optimism stems from the possibility of more relief as the talks are apparently on again. and also in d.c., new controversy as the president returns to the west wing he showing no signs of covid, that is sending shares of two drug makers surging and hurricane delta looking to make history as a category 2

storm threatening the gulf coast. and on the campaign trail, vice president pence and kamala harris facing off in their first and only debate, the highlights next on this thursday, october 8, and this is "worldwide exchange." ♪ who is playing asia? yes, spin eoff. they always surprise me with the music. ♪ i would fall from grace anyway, good morning, good ev afternoon. welcome from wherever in the world that you are watching. thanks for joining us. and we've almost made it, folks.

stock markets may make you money today. the dow coming off its best day since mid-july with a more than 500 point gain on the dow. the s&p and nasdaq also coming off more than 1% gains and other good signs it is the transports gaining another 2.5% yesterday, an all-time record high and overall, the dow is less than 5% from its all-time high, s&p about 6% to go and nasdaq also about 6% from its record high as we claw back from those market declines a couple months ago. around the world, stocks in asia hitting one month highs, the hang seng one of the lone underperformers maybe because the shanghai is closed and look at that snazzy new graphic. it is informative and a mamap. that is where singapore is okay

and look, this is all new, i love it. got the umptk is red is that norway turkey in the red as well. all right. so the first and only debate between m mike pence and kamala harris much more civilized debate, but the two still taking starkly different stands on issues from china to the coronavirus >> if the public health professionals, if dr. fauci, if the doctors tell us that we should take it, i'll be the first in line to take it but if donald trump tells us that we should take it, i'm not taking it. >> i would like to xwhoe bago b because the reality is that we'll have a vaccine in record time, in unheard of time, in less than a year we have five companies in phase three clinical trials. and we're right now producing tens of millions of doses. so the fact that you continue to

undermine public confidence in a vaccine, if the vaccine emerges during the trump administration, i think that it is uncshen only. stop playing politics with people's lives >> you lost the trade war with china. you lost it. what ended up happening is because of a so-called trade war with china, america lost 300,000 manufacturing jobs farmers have experienced bankruptcy because of it we are in a manufacturing recession because of it. >> lost the trade war with china? joe biden never fought it. joe biden has been a cheerleader for com new mist chiew communi a >> and the deadly and fast moving asian flu virus had a

vaccine created in a couple months point of note. and the president makes his return to the white house less than a week after diagnosis and touting the experimental therapies he perceived as cures and needed broader use. much more on this coming up. and back now to the markets and your money as stocks come off another stimulus fueled rally, ib swres toinvestors pinning the on either intervention from capitol hill or the fed, maybe both and so sven, good morning, good to see you and i'll start off with a little humor and a line from the late great mitch head beg wdberg woud that i find a duck's impression of me is greatly swayed by whether ornot i have bread

and i think that we all know what he means. and so i thought is the fed the bread and is the market the duck because if the money is there, you're going to go to it >> hey, brian, good to be with you. perfect analogy. that is the game we've been on the last three years one intervention after another 2018, it was tax cuts, 2019 it was balance sheet expansion, and this year we have unlimited qe and of course rates at zero and a market continues to run from stimulus headline to headline. and we saw it again this week. stimulus optimism, it goes up. pessimism, it goes down. the market is conditioned and entirely dependent on ever more liquidity to support the valuations that we have right now. we just came out of a 10% correction on the s&p, 15% down on the nasdaq, so we just had a rally here obviously assumed by

oversold conditions going into early october. but keep in mind even if we get stimulus, we're still looking at historic highest valuations in history, which is kind of ironic because at the same time, we have fed governor after fed governor come out and warn of dire consequences if there is no stimulus and that is how fragile the construct in this recovery really is underneath so i think participants are really dependent here on believing that ever more stimulus will continue to support ever higher valuations . >> as you pointed out, it affects the dollar and the dollar looks like it might be turning around higher how important is the u.s. dollar to the equity market >> it is fascinating

late august, the bullish pattern broke out and equities dropped and so it was a really clear relationship and the bottom in equities came exactly at the point where the dollar hit the march low so it reacted and now we see the bounce so what is happening with the dollar is incredibly important to continue to watch my technical view on this is there is potential for the dollar to use this weakness, good that is so, and it is not confirmed at this point, we may see a surprise push hire in the dollar which could hit equities again. so depending what happens on the stimulus front is tremendously important on the dollar and there by equities. >> and so even with the means behind it, which is the fed and stimulus, at some point that may run out, who knows, money

printing doesn't necessarily have to run out, do you see any end to the market rally however distasteful or based on the fed it may be? >> i think that the seasonal script that we typically see is that there will be a year end rally, let's suppose if all the moves, i think the big question marks are what is happening with the virus. we again see virus spikes in europe we see continued announcements of permanent layoffs the jobs picture is not as bret as we would like to see. the jobs recovery has stalled in a major way. and, you know, if the market really is that dependent on stimulus and that stimulus gets delayed into sometime next year for example, february or march or beyond, we didn't though won political construct, we may find

ourselves in a situation that the recovery is slowed tremendously and again, we're looking at massive high valuations and volatility despite the fact that we're close to all-time highs here, v volatility index is not priced out. on so we still have a potential of a massive vix spike >> sven henrik, always open and honest and even sometimes dare i say a little humorous on the twitter. but we all need a little humor these days and we do appreciate it. sven the sarcastic, thank you very much. appreciate it. and when we come back, much more on the president's return to the west wing as drug companies look to fast track their covid treatments facebook wants to fight fake news ahead of the election what it is doing and later, a small slice, the american economy working hard to

adapt to the changing time, we'll talk fast food and lee he's famous chicken. ready to take your immune support to the next level? famous chicken famous chicken nt b's famous chicken has everything you need to help keep your immune system strong. immune support comes naturally with nature's bounty. that's why i take osteo bi-flex,

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welcome back let's get you caught up to speed on some of the other top rtha cf mind on this thursday. >> shares of regeneron trading higher once again this morning company announcing that it has filed an application for a emergency approval of its experimental antibody cocktail to treat covid president trump received that treatment and in a video late yesterday, he hailed it as, quote, a cure. facebook says that it will stop running political ads in the u.s. for at least one week after the polls close on election day. the change comes as the company looks to stop the spread of misinformation on its platforms, including the premature calling of election results. and samsung says that its earnings likely rose 58% in the last quarter, that topped

estimates by quite a bit among drivers, a rise in smartphone sales and also benefiting from u.s. restrictions on huawei got to admit, i'm definitely an ios person i've tried the android, but somehow i wound up with iphones. >> if you got your photos and the music and all the apps you already maybe bought and all your stuff, how are you ever going to change. >> and i -- my brother swears by android. he is android all the way. i don't know one of those things, once you go one direction, you just stay there. >> it is like a metaphor for america. once you're on that team, you can't be on the other team right? that is the next -- >> but we can still be friends

>> we can still be friends but we can't share information on our phone all right. thank you. coming up, buckle up again louisiana, because now it is hurricane delta making its way to you, set to make history and bill karins has the latest track. so you're a small business,

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that's why i take osteo bi-flex, to keep me moving the way i was made to. it nourishes and strengthens my joints for the long term. while helping with occasional joint stiffness. osteo bi-flex.

welcome back good thursday morning. here on "worldwide exchange," we continue to stay honed in on the business of meck whiamerica, whs small business, not just the stock market restaurants have been one of the hardest hit industries by the lockdown, but the quick service, call them fast food if you want, have actually done largely okay because everybody wants to stay in their cars. but it doesn't mean that the industry won't change because of what is going on joining us know with a firsthand take is chuck cooper, president and ceo of lee's famous recipe chicken, they have 120 store,

but sadly none in new jersey we have to hhave to resolve that talk about how the straurrestaut business has changed for the locations that don't have drive-thru, what will happen to them, what has happened to them >> good morning, brian thank you for having us on the good news is most of the -- the vast majority of our stores have drive-thru. those who don't have continue a lot of takeout business, we still deliver, and we've started curbside through this process. and we do that in all of our store, but i think the challenge is going to be as we come back into full capacity and dining rooms, is really going to be capturing those customers, making sure that they are taken care of. but fortunately most of our business is drive-thru >> i was talking with our restaurant correspondent reporter kate rogers a couple

months ago and i was driving around looking at all the fast food places and i thought why would i have a dining room if i owned a taco bell or a mcdonald's, i'm rethinking everything and i'm thinking why not just have a tiny footprint, cut real estate costs, why deal with the hassle even post-pandemic, why deal with the hassle of indoor dining >> i think that that is a question that we're all asking ourselves in the business. and that is what do we do with real estate in the future. and we're really envisioning double drive-thrus, a place to actually come in, park for curbside delivery, and either no dining rooms or very little space. it is just not utilized like it used to be it is different with full service obviously, but with quick service, you're right on the money. our business is looking at the future very differently than we are today. >> and i'm going to date myself. i grew up in california in the

'70s and '80s and something called the fotomat, you drove through and gave them your film. a tine any tiny little shack an you'd come back a couple days later and pick up your pictures. and kind of the same thing, the real estate costs will shrink. >> absolutely. return return on investment is where location and that is the challenge for us i do see double drive-thrus. of course there are some burger concept out there that have that now. and i think all of us in qsr are thinking about those same things and how do we either retrofit current buildings or when we remod or build new buildings, how much of that will be for

dine-in. it has been a small portion of lee's chicken sales for a long time, maybe only 15% and before the pandemic, we were doing about 65% through drive-thru and now almost all the business is drive-thru, delivery and curbside he cam cat and it has very much changed >> and i'm looking at this video and i'm so hungry. looking delicious. you are in wausau, wisconsin but not new jersey have to fix that so we're six, seven months into this so we've had time to reflect and adapt. what has been maybe the most surprising thing about this unfortunate experience from a business perspective, what have you learned, what have you discovered >> great question. i think that we really think about that lot

it has been very surprising, even though we had an app for online ordering and it was in process before the pandemic, that has blown up about 300% since then people are -- they don't really even want to call anymore. it is online ordering which we like and that has been -- our customer even though we are a fried chicken concept and sometimes our customer, it is definitely an evolving customer, but 8% to 10% of our customers are brand new to us. and so a lot of those have come through online and that may be old hat to some brand, but we've been around for about 55 years we've gone through the ups and downs. and so we're just introducing this app technology and online over the last year or so but the pandemic has put a lot more opportunity there we've seen that really become adapted by most of our customers. and that is very interesting to us it is a lot more data.

>> i've been on this fast where i only eat between noon and 7:00 i'm looking at that video and thinking i'm going to break that fast i'm going to leave now and drive to ohio and get some a pleasure to have you back on and thank you very much for joining us, the american business is the business of small business and we appreciate you coming on. best to you and all your team members everywhere around the country. stay safe and we'll see you at a drive-thru soon. >> i hope so thank you very much. straight ahead, back to the capital of capitol, d.c., of course, where renewed stimulus hopes are giving stocks a reason to rally plus could appl ple amazon or facebook get broken up by the government the report not getting nearly the attention it deserves, next.

ready to rally, your money set to pop again as congress creeps toward another trillion dollar relief package. call it a cure, or not, new controversy around trump's comments about his coronavirus treatments and plans to fast track at least two drug cocktails for public use and possible metropolitan metdown, o do

meltdown, the biggest real estate bubble risks. is it new york, is it hong kong? it is your morning rbi and it is coming up on this thursday, october 8. this is woris wide "worldwide exchange." ♪ >> we're playing that song for a reason welcome back, everybody. it is about 5:30 and here is how your money and investments look right now stock futures are solidly in the green. up 91. nasdaq futures up 61 points. the dow yesterday though coming off its best day since mid-july, a 500 point gain s&p and nasdaq also coming off more than 1% gains but this week, it is the

transports that aare outperforming and hitting all-time record high in technology, 95 the nasdaq 100 rose yesterday on hopes for more stimulus two stocks to watch this morning, eli lilly and regeneron, both big winners on coronavirus treatment hopes. much more on that with meg tirrell coming up. and also, watch shares of tesla. new street research in-grading the stock to a buy with a $578 bryce target saying that there is a decade of what it calls hyper growth ahead of tesla. this call makes the firm the second highest price target on the street tesla, new call, new price target, from street research all right. from wall street now to washington where lawmakers are once again trying to hammer out a series of smaller stimulus package designed to target specific sectors of the american economy. the president voiced his support

of those types of deals just hours after calling off talks entirely a roller coaster ride to be sure the sun not yet up over the capitol, but ylan mui is up. maybe she doesnidn't even sleep i know i didn't. ylan with the latest on where stimulus talks stand g good morning. >> and the big deal might be dead, but there could still be a lifeline for the airline industry the treasury sect aretary and speaker of the house were back on the phone yesterday and the topic was a standalone bill to aid the airlines in both the house and senate, there are proposals that would provide the industry $25 billion this relief and extend the payroll support program through march. the house did try to bring up this measure last week, but it was quickly blocked by republicans for procedural reasons. in the senate there is a bipartisan bill with two

republicans and two democrats sponsoring it, and i'm told that after the president tweeted, roger wicker started polling his colleagues to see if there was any hope of moving that legislation forward. but beyond the airlines, there appears to be very little interest in compromise and a lot of hard feelings on capitol hill in a letter to her caucus, pelosi said that the president shutting down the negotiations was harming america's children she said that there was money for schools in this deal and that the president walking away was an act of cruelty. brian, secretary mnuchin and palelosi have cut many deals before and they are supposed to get back on the phones today, so we'll see if there is one more deal to go back over to you >> layoffs already happening, we're seeing that across the country in a variety of industries you've got disney and goldman sachs as well as others. how soon could this deal get done with the current time line?

>> well, we'll see where the talks take us, but just practically speaking, the senate is notscheduled to be back in session until october 19 and they will be busy dealing with the supreme court nomination on the house side, lawmakers are back in their districts trying to campaign while the negotiations over the bigger deal were still understand way, democratic leadership had talked about bringing members back next week for a potential vote on a big deal, would they do that for a very, very small narrowly targeted deal? that is a question but it would be a monumental effort to get all the members of congress back in order to make something happen before the election >> all right elylan mui, thank you very much. we will stick with d.c. news, but switch gears to the scathing report on big technologies, big sway over our daily lives and the competition. the house sub committee behind the report recommending several

ways for congress to rework antitrust laws that might apply to the likes of amazon, apple, google, facebook potential changes could have major implications in how they do business and their massive influence on the market. joini ing us now is jason ware oig. neither of us is antitrust attorneys as far as i'm aware. that said, from an investment perspective, this keeind of pope up out of nowhere. as an envirgin islaninvestor, du think any investments in these vows >> good morning, good to be with you. so we're always rethinking and re-evaluating the investments. we've owned these large technology companies for many years and have done quite well in them. but the landscape is always changing both from a technology

and competitive landscape point of view as well as from a regulatory one yes, the report was 449 pages of various recommendations from the house sub committee on how to, you know -- their view, really their big takeaways is that there is monopolistic forces at play here for each of the four companies and they have recommendations on how t address that probably doesn't changes investment thesis for all four of them. we don't think anything is imminent in terms of breakup or any major new regulations, but it is something that bears watching and it is not terribly surprising, this was a 16 month investigation that reviewed over a million documents and interviewed over 250 experts so something that we knew was coming and ftc and doj is also working on independent investigations as well and i think the market is well prepared for the report that was

released >> do you know shares of google? >> we do >> so yesterday a cnbc pro event and i asked david jrue about it and he said i prefer to be broken up. he thinks the value of google is more than the sum of its parts would you agree with that? >> i watched that event, you did a great job of discussing that i was is business surprised by that response as well. i'm not sure that it would be a uniformly positive event for alphabet i do understand the position that was taken that, you know, if you were to say spin out youtube away from core google, that you might be able to unlock some value there in terms of allowing youtube to trade at a higher valuation than it is getting when paired with the larger search business at google i'm not fully convinced that

that is something that would be -- i think the gentleman said that the stock would be up on that day when they announced a breakup of the company again, our investigation, the analysis of the company doesn't necessarily point to a clear positive for that. but at the same time, google is a big business -- sorry, youtube is a big business for google and a growth business for them and if it does allow youtube to trade at a higher valuation, it may not be all bad so we'll see what happens if we get there. >> apple as well, i think the criticism was that they take a 30% cut on more transactions on the app store, again, i refer to it as a walled garden because once you are in one system, it is kind of hard to move unless you are willing to give up everything you've already bought i'm assuming that you like everybody else owns apple. does congress' concerns spook you at all as an investor? >> we look at the four companies

in the crosshairs here and we would rank them at facebook as the most risk, alphabet second most probably a hard line below alphabet, a bit of space and then probably amazon and apple in the fourth spot so we're not daterribly concernd about appleple sub consuming too much but it is on par with what android is doing and other provide errs of those services it might be frustrating if you are an app developer, but it is also giving you access to some of the best economics in the app store. so not sure that the case against apple is so clear cut. they probably have the least risk of the information based on the information that we saw.

>> all right jason, appreciate you coming on and appreciate you tuning in and if anybody out there wants to go back and see it, it should be up on cnbc pro. and outside of the are market, another major story we're watching is hurricane delta, it is now a category 2 storm and when it makes landfall on friday, it will make it a record ten major storms to hit the gulf coast in one season we're also watching crude oil move higher because the area still not fully done from hurricane laura. and bill karins is joining us now. i saw a stat yesterday that this will be the 25th named storm of the season, only the second time since 1851 that has happened >> yeah, and we only need three more storms to break the all-time record this was back in the horrific hurricane season of 2005 so let me give you the latest on delta. just the big headline is lake

charles. they have dealt with a strong category 4 laura, some people just got power on, about 10%, 20% of people still have tarps covering their roof. and this storm looks to take almost the exact same path that is unheard of, two hurricanes in the same landfall in the same spot six weeks apart. and let me get you to the new update from the hurricane center warnings go from the texas/louisiana border over la e this is a category 2 and landfall looks like tomorrow late afternoon into the early evening. worst case scenario would be category 3, most likely category 2. and you see the timing there, approaching the coast late friday afternoon, and you can see how close that center red line is to the lake charles

area right now supposed to go just east of there, which means the worst storm surge would be toward the east. and then it rains itself out in the south. so with storms like this, the biggest concern is storm surge, we could see 4 to 7, maybe 6 to 11 feet. and the expected gusts, 86 miles per hour so you got your house, you will get 6 to 8 inches of rain and you have a blue tarp protecting your house from all the rainwater and you are expecting 86-mile-per-hour wind, i feel horrible for all the hundreds of thousands of people that live there that they will go through this again >> and i've been down there is a lot because i cover oil and gas, and they are some. toughest and by the way nicest folks you will ever meet you wonder how much more of a pounding they can take how rare is it in your experience to see two storms within really two months or a month of each other follow almost exactly the same path

>> exactly the same path is -- i referenced back to the 2005 season i was in central florida at the time and we had charlie, francis and gene three storms that chris crossed through central florida in about 6 to 8 weeks and everyone thought that was crazy but they didn't all take the exact almost same path they didn't have the same landfall position. they traveled over the same area so yeah, to have a category 4 and then followed by a category 2, same landfall location, that has never happened before. you know, you want to talk about how incredibly unlucky that is, i don't know what the odds would be, but astronomical. >> and best wishes and thoughts to everybody down there. and by the way, dealing with the collapse of the oil and gas industry as well, so an economic whammy as well bill karins, thank you very much coming up, shares of

regeneron searching once again, we'll find out why and as we head to break, some of your other top headlines on this thursday, chevron officially overtaken exxon as biggest oil maker in terms of market cap streaming video service fubu it tv set to trade today. the company valued at just over $620 million and jpmorgan chase is making a $30 million commitment it says will help address u.s. wealth inequality the pledge is a combination of loan, investment and philanthropyoff fi over five yes dow futures in73 ready to take your immune support to the next level?

nature's bounty is here for you. the number one herbal supplement brand has everything you need to help keep your immune system strong. immune support comes naturally with nature's bounty. welcome back good thursday morning. regeneron filing for emergency approval from the fda for its experimental antibody cocktail to treat covid meg tirrell is joining us. >> and we just saw that regeneron presented its first data last week and then friday of course this is the cocktail that president trump was treated

with regeneron saying that it filed for emergency use authorization of this medicine, this follows just hours after eli lilly said it had also applied for that authorization early yesterday morning very quickly after its initial data and there is more in development. we'll see how quickly the fda acts here, but if they do reach the market, there will be limited supply regeneron says there is about 50,000 doses now one dose is one course of treatment. they aim to get that up within three months and they have a barda contract that would provide initial at no cost to americans and the government would control supplies so a similar situation to remdesivir and lilly has one antibody, not a cocktail, and they say that they could have 100,000 doses of that in october and a cocktail that they will file for in

november but this is limited supply so we'll have to see how quickly the fda abiliticts and then thel have to be decisions about who gets the drug. >> two questions what is a barda contract, and who might these drugs be for, who could get them, just the president? >> well, a great question. sorry i didn't spell that out. barda is part of the government that makes contracts for defense purposes and research and development. so they are very highly involved this all of these relationships through "operation warp speed. and they made this partnership to support manufacturing of this drug and through that, they will get these initial doses and they will be provided at no cost to americans. now, who gets it, that is a great question lilly said that it applied for emergency use authorization in high risk patients recently

diagnosed that could be stratified by age or conditions like obesity and regeneron, they actually test people to see if they mount their own immune response before giving they will the drug. so we have to see if that is the way that figure out who benefit the most many people suggest that the drugd appeared drug appeared to have helped the president, but of course we can't know that. >> so how long might it take for the sfchltfda to rule? >> some were predicting within days after it was used with the president. we know the fda can act quickly. we'll have to see. meg ttirrell, thank you very much on deck, decides aroucities with

highest risk of a real estate bubble here is a hint, two are in the same country and they probably aren't what you think. and you can always watch or listen to us live on the cnbc s&p.

your rbi is the afternoons to the question, what cities around the world are at the biggest risk of being in a real estate bubble that goes pop?he n the world are at the biggest risk of being in a real estate bubble that goes pop ubs assigns their score and the top three bubble city, number three, toronto, canada real estate has ben red hot there as well. and what is up with germany? frankfurt number two, and then

the most bubble is munich, germany. so germany number one and two. and maybe a little good news in all of this for the united states ubs says that despite a long term property price hit, new york city ultimately will still be attractive to wealthy buyers in years to come and also chicago got a score of negative 66. chicago has a lot of problems. but look at that, it is still a spectacular city how do you say random but interesting in germany [ speaking foreign language maybe that's french. i don't know let's take a look at the marketses a weekly jobless claims are due later on this morning and three are more fed presents everyone day, like five or six fed people just speak and joining us now with what he's watching is rob morgan with

citi companies, rob, being a little tongue in cheek, but when you have 17 fed speakers in a week, it is getting a little ridiculous >> i agree, brian. that is a lot of fed speak going on and of course -- >> focus on the fundamentals, right? >> absolutely. but it certainly adds some possibility of uncertainty with the markets when so many fed presidents speak so we'll see what they have to say today. >> so what do you focus on obviously the political drama, covid, the president, the fed, what is key to you, what do you look at every day? >> well, i think if we start with the economy, we're probably going to get a really good number for gdp growth in the third quarter. that will come out later in the month.

so that is good. but it is also a backward looking indicator. and unfortunately, in the second quarter, only 53 of the 500 companies in the s&p 500 gave any guidance so that is continuing to provide uncertainty going forward. the economy does seem to be improving though if you look at a number of indicators, you know, certainly housing and nonfarm payroll, unemployment, consumer confidence. and probably the most important thing right now, the fed will continue to print money until they reach their dual mandate. and that won't happen anytime soon so that really is underpinning a lot of things right now in my opinion. >> when we look at sort of equities to buy and all this, some people say you buy the safe sort of big consumer discretionary company, walgreen a name you like, koesk cococa-c another name you like.

dividends look okay. >> yeah, just to hit on the points you made there, in this low yield environment, i continue to think that dividend payers and companies that grow their dividends will continue to look attractive. walgreen's has been hit a bit by the pandemic, but their yield is over 5% and they grow that yield. and you mentioned coca-cola, jchlgt jpmorgan chase, their yields are over 4%. and those are certainly some names that look attractive to me right now. >> you like the financials, and they have been left in the dust. as the yield curve might haves, knelt intere net interest margins have compressed, 0.71 on the ten year yield. i don't see how these companies make a lot of money. >> yeah, well, but they are so

cheap though that is the thing. there is not -- i don't really think that there is necessarily a lot more down side risk here and so yeah, i come lido like financials >> rob, always appreciate your views, my friend have a great day down there in philadelphia thank you very much. folks, that does it for us tomorrow we'll do our inside buyer segment, we bring you five insider buys of the week, biggest companies. tune in for that and your rbi tomorrow will be a great one thanks for watching. "squawk box" is next

stocks set to advance modestly after the 500 point gain yesterday we'll take you live to washington if the latest odds

some of kind of stimulus measures maybe some piece meal, maybe some airline that is straight ahead and facebook trying to combat misinformation good luck. it is thursday, october 8, 2020 and "squawk box" begins right now. good morning, everybody. welcome to "squawk box" right here on cnbc i'm becky quick along with joe kernen and andrew ross sorkin. yesterday the dow up 531 points, that is its best day since july 14th it is now just 5% from a record