gdp will be up andrew ross sorkin, are we doing a pool, like an office pool? >> we tried to do an office pool yesterday on facebook. >> i remember. >> where we will end the day >> we were waiting on the close of facebook. i think we all agreed it would do marginally better >> what is everybody's gdp guess? >> he's going to 4.1 where are you? >> 4.0 >> scott wapner who is here today, we're doing "price is right" rules >> wapner will do 6.2. >> wapner going big, 4.4 t because i'm mean and the game is -- i will go 3.9. >> you did not see the president's tweet. >> you don't want to go low. >> can't be -- no. if i wanted to be mean i with go at 4.5 >> you don't want to go below. somebody did that once as a blooper. >> i will stay at 4.2. >> i assume -- >> we know it's big. >> the president said anything over had he would be happy >> i'm 4.1, you're 4.0 >> wapner is here, that's a good reason to watch "squawk box. we have big earnings to react to amazon, starbucks, exxonmobil. mohamm mohammed elarian will be in the house. a lot going on >> andrew, thank you very muc

i'm becky quick along with andrew ross sorkin and mike santoli.st host this hour is ed lee of the "new york times." he's here because we have a lot to talk about in technology. yesterday we set things up at the end of the session for an incredibly strong day. we are looking at the nasdaq setting a new high the s&p closed at its highest level since january and the dow closing at the highest level since february, then we heard from facebook. facebook shares getting slammed and the rest of the f.a.n.g. stocks following that's why the nasdaq is down by 108 points you can see the dow was up by 64

nasdaq as well andrew ross sorkin joins us now.eling the markets and maybe just a bit about google and alphabet could be a part of "squawk box. that's a wild guess. >> that's a good wild guess. we'll talk a lot about earnings. google, alphabet -- or i should say alphabet, the parent company of google will be perhaps the main target. a couple other companies on the list we'll talk about verizon this morning. we have harley davidson. we have a lot of earnings to get to then we will preview at&t as well that will be an interesting one. this will be the last quarter effectively before we get the time warner numbers combined >> can we call it game of phones >> game of phones rather than "game of thrones." that was quick so yes >> i have been up for like four hours already. andrew, thank you. >> that's all we got see you in a bit >>> oil in focus tensions rising between the u.s. and iran joining us now is helema croft from rbc capital markets, cnbc contributor and a birthday girl. happy birthday >> thank you >> all the best people born i

i'm michelle caruso-cabrera along with andrew ross sorkin and mike santoli u.s. equity futures a flat open. the s&p would open up by 2 the dow jones flat, and nasdaq up by 4. overnight in asia, big news out of the bank of japan policymakers kept their rates unchanged but signaled they would allow more flexibility when it comes to a key interest rate it would go to 0.2 rather than 0.1? >> bank of japan micromanaging >> that's the world we live in >>> japan's knnikkei closed flat shanghai composite was slightly higher last week there was all this speculation that pushed the ten-year u.s. yield higher as a result european equities at this hour ahead of the open are also flat across the board >> you said the u.s. open -- my brain was in another mode. >> i thought you were talking about golf >> that's the other one. >> that's over >> let's show you what's going on with treasury yields. ten-year yield at 2.947. yesterday got up to 2.97 moments it touched 3%. >>> apologize for my humor at this hour. here's what's on deck. the federal reserve kicking off a two-day policy

i'm becky quick along with andrew ross sorkin and scott wapner joe is off today let's look at the u.s. equity futures. right now it looks like there are green arrows across the board. dow indicated up by 38 points. nasdaq up by 45. that's significant when you think about what happened yesterday. s&p 500 indicated up by 12.5 yesterday the nasdaq was down it was almost all because of facebook we'll talk more about that later. we did see the largest single day decline in a stock ever, a loss of 1$119 billion after the aftermath of those disappointing earnings numbers let's look at treasury yields. the ten-year yielding 2.971% very close to 3% two-year at 2.677% today we get the second quarter gdp. that is due at 8:30 eastern time this is a big deal because we're talking about a big potential reading. in fact, those polled by dow jones are looking for the economy to have grown at a rate of 4.4%. estimates are all over the place. a lot of people are weighing in on this. the president saying anything with a 4 handle in front of it is a good reinading. this is the reading that we'll be watch

i'm joe kernen along with andrew ross sorkin and melissa lee. becky is off today mr. ross, mr., or mr. sorkin you decide >> this is in reference to amlo. you can just call me ars >> we do call you ars. you're a huge ars. >> you said amlo >> you can go with ars but not -- >> not the ars >> no. >> i don't even want to give you this jrk. >> yeah. you're right >> no comment. >> i forgot about that >> i'm an idiot. why do i even -- the futures right now indicated off -- >> thanks. >> you're welcome. >> even better than yours. >> down 127. or joe ker people go with that. >> the other is better >> 128 or so treasuries, it's not a silver lining but we certainly aren't at 3.5% yet. we're at 2.83 tr%. for people that thought we were, you know, adding gasoline to an already hot economy with tax reform, maybe that's the time. i don't know how i feel about this i'm swayed sometimes on both sides of whether now is the time to address some of these inequities or if it's always a bad time to start a trade war. i don't know do you do you have any doubts -- you're a democrat you're supposed to l

box" on cnbc we're live at the nasdaq market site in times square i'm melissa lee along with andrew ross sorkinnd joe santoli. let's check in on u.s. equity futures. the dow lookingto lose right now 8 points at the open the dow yesterday broke a three-day winning streak we should note notable levels on the nasdaq which is poised to open higher by 6 points. the nasdaq yesterday with a fresh all-time intraday high in asia, sefsh watchieverybody that the shanghai brushed a one-month high to close slightly lower there. the nikkei is up by a half percent. the hang seng was up by 0.9% in europe, all eyes on this key crucial meeting here stateside between president juncker and president trump. we have the dax down by a quarter point. ftse down by 0.6%. treasury yields continue to back off those six-week highs we continue to hit. we have the ten-year note at 2.939% the two-year is at 2.654%. >>> news just breaking we mentioned this at the top of the show fiat chrysler says its former ceo, sergio marchionne has died. phil lebeau joins us now on the "squawk" news line to reflect on his life and career an

i'm joe kernen along with andrew ross sorkin and melissa lee. shortened trading day for wall street. the markets are going to close at 1:00 p.m. eastern time today. that helps a lot of people means nothing to us, though, really what about you, melissa? you doing your show at 3:00? >> no. there is no "fast money. i am only working -- >> there's no "fast money" at all? >> only working for you guys >> wow >> so you're here. good, good because you still -- >> i would still do "fast money" even if there were -- >> i know you would. let's get a check on the futures which are solidly higher wow, even better than before despite all of our guests saying that, you know, i don't know they weren't very patriotic on independence day today america can't grow again at anything above about 1.5%. that's all we get. the 10-year right now. with rates this low, we can't do better than we're doing? i don't know no one's going to stop investing at 2.8%. that was the point i was trying to make, you guys. is that in the past the way capital is treated in a system and a

we're live from times square i'm becky quick with andrew ross sorkin here to cover this historic meeting with president trump, we have nicholas burns, former u.s. ambassador to nato, and fred kemp, the ceo and -- thank you for being here today. >> we'll talk about the summit in a moment. but first, vladimir putin just arriving in helsinki president trump is set to arrive shortly. later this hour, they'll begin a summit that is expected to last 90 minutes we'll bring you more as it happens. >>> a check on markets the u.s. equity futures. indicated higher after two weeks of gains the nasdaq closing at a record high on friday you can see the nasdaq indicated up another 13 points the dow futures indicating up by 35 points. the s&p futures up by 1.5. >>> over night in asia, japan's nikkei was closed for the marine holiday. growth came in at 6.7% that met expectations. but it was down a tenth of a percent from the first quarter print. the hang seng was relatively flat the shanghai composite down by .6 of a percent early trading taking place you will see a mixed picture dax slightly higher. the

i'm becky quick along with andrew ross sorkin and wilfred frost. joe is off this week let's look at the u.s. equity futures. it was a mixed picture yesterday for the markets with the dow down about 13 points the s&p up by 5 points the nasdaq up by 21. this morning green arrows across the board. the dow indicated up by triple digits if we were to open now, the s&p would be up by close to 12 points the nasdaq up by 63. in asia overnight, you will see that after a rough day monday for asian stock markets, that yesterday -- or overnight the session was a strong one hang seng was up by 1.4% the shanghai was up by 1.6%. in europe, early trading has taken place. there were also green arrows across the board there the dax is up by 1.5%. the cac in france up by 1% the ftse up by 0.80% markets in italy and spain higher looking at treasury yields questions about what the bank of japan will do pushing yields up across the spectrum. the two-year now at 12.629% ten-year yielding ining 2.95%. >>> on earnings agenda we will hear from eli lilly, united technologies

i'm becky quick along with joe kernen and andrew ross sorkin. let's look at the futures.xed day yesterday, you will see this morning that the nasdaq is coming under severe pressure down by 53 points below fair value. thank netflix and amazon prime for some issues yesterday. s&p futures down by 4.5 points the dow indicated higher again it was bank of america that powered things for the dow yest

i'm andrew ross sorkin along with joe kernen and melissa lee is hanging out with us today our guest hosts morning is joe terranovterranova. you guys hang out a lot, right >> we do >> oh, boy >> we're not on the same show, but -- >> oh, boy >> joe and i go way back >> we go way back. >> i know. >> you do? >> i think of them as

. >> great interview >>> citadel's sitting down with our own andrew ross-sorkin he's joining us now withore. hey, andrew. >> hey, thanks i did speak with ken griffin this morning, one of the largest hedge funds in the world, one of the best performer this is year. and citadel securities now trading one out of every five stocks that crossed the exchanges every single day we talked to him about a lot of issues we started, though, with where the market was headed. and he was rather bullish. listen to what he had to say >> the current prognosis next six to nine months is we are going to experience strong growth so i think that in the short-run, absent a material catastrophe in the trade front i think we're looking at very strong growth the next six to nine months. i think we have pulled forward through the tax cut and the stimulus that goes with that some amount a demand some out of capex, we'll see it play out this year it makes 2020 and 2021 much murkier. >> we talked about the fed interest rates and the yield curve. he has a pretty special somebody that has an opportunity to talk about th

i'm michelle caruso-cabrera along with andrew ross sorkin and mike santoli u.s. open. the s&p would open up by 2 the dow jones flat, and nasdaq up by 4. overnight in asia, big news out of the bank of japan policymakers kept their rates unchanged but signaled they would allow more flexibility when it comes to a key interest rate it would go to 0.2 rather than 0.1? >>

i'm becky quick along with andrew ross sorkin joe is live in washington, d.c.ying the music for you all set up, looking presidential today. >> thank you thank you very much. >> west wing >> this music, we only pull it out at certain times it is worth -- you have to be here right when the sun is starting to come up with the white house in the background. it's -- i did get a little bit emotional. it's nice. we have a lot of great stuff coming up, as you know the launch of an inter-agency national council for the

in becky qui i'm becky quick along with joe kernen and andrew ross sorkin.of speakers at the conference including national economic council director larry kudlow. also mary erdoes, we will also hear from former white house strategist steve bannon. he will wrap things up for us this afternoon and this morning marc lasry will be joining us at 7:00 a.m. eastern time >> markets are still happening, even on -- i thought they would take a pause, they're not. let's check the markets on delivering alpha day now up 28 points on the dow. up two on the s&p. nasdaq

i'm andrew ross sorkin along with joe kernen.ee is with us becky quick is off today look at u.s. equity futures this hour the dow look like it will open up about 140 points higher the nasdaq opening up about 32 points higher. the s&p opening up about 14 points higher.asury yields at this hour the ten-year note, 2.862

i'm becky quick along with joe kernen and andrew ross sorkin. it is jobs friday. forecasters are looking for an increase of 195,000 non-farm payrolls the unemployment rate is expected to hold steady all the way down to 3.8% let's look at the u.s. equity futures. despite the beginning of the tariffs being placed on chinese goods by the united states and on u.s. goods by china, you can see that the futures are down, but not by a lot looks like the dow is down by 41 points s&p is off by 2. nasdaq off by 3. this comes after a positive day for the markets yesterday. dow was up 181 points yesterday. s&p up by 23

it's a hot market at times square i'm andrew ross sorkin joe kerr anyone is back in town.ky quick is hopefully enjoying time off in the heat. look at u.s. equity futures. dow will open off. we'll explain why. nasdaq off about -- the hang seng was closed for a public holiday. the nikkei and shanghai markets down falling more than 2% take a quick look at european equities we'll show you there what's going on as well across

box" on cnbc we're live at the nasdaq market site in times square i'm melissa lee along with andrew ross sorkin u.s. equity futures. the dow lookingto lose right now 8 points at the open the dow yesterday broke a three-day winning streak we should note notable levels on the nasdaq which is poised to open higher by 6 points. the nasdaq yesterday with a fresh all-time intraday high in asia, sefsh watchieverybody that the shanghai brushed a one-month high to close slightly lower there. the nikkei is up by a half

we're live from times square i'm becky quick with andrew ross sorkin here to cover this historic meetingrump, we have nicholas burns, former u.s. ambassador to nato, and fred kemp, the ceo and -- thank you for being here today. >> we'll talk about the summit in a moment. but first, vladimir putin just arriving in helsinki president trump is set to arrive shortly. later this hour, they'll begin a summit that is expected to last 90 minutes we'll bring you more as it

i'm andrew ross sorkin along with joe kernen. melissa lee is with us becky quick is off today look at u.s. equity futures this hour the dow look like it will open up about 140 points higher the nasdaq opening up about 32 points higher. the s&p opening up about 14 points higher.asury yields at this hour the ten-year note, 2.862 >>> the imf is cutting its forecast for german gdp growth to 2.2%. it argues rising protectionism and the threat of a hard brexit has exposed the economy to short-term risks markets in europe are a bit higher the dax is up by 1.25% the cac is up by a percent green arrows in italy, spain and the rest of europe checking the markets in asia it's been a tumultuous week for asia overall we are continuing to see red over there as the yuan tests 11-month lows. pobc coming out saying it will -- its pledge to stabilize the yuan, but still the shanghai composite down by almost a percent. >>> president trump is calling on opec to reduce pricing now. this was from a tweet yesterday. the president said the opec monopoly

i'm becky quick along with andrew ross sorkin joe is live in washington, d.c.s morning joe, playing the music for you all set up, looking presidential today. >> thank you thank you very much. >> west wing >> this music, we only pull it out at certain times it is worth -- you have to be here right when the sun is starting to come up with the white house in the background. it's -- i did get a little bit emotional. it's nice. we have a lot of great stuff coming up, as you know the launch of an inter-agency national council for the american worker to try to close the skills gap the guy heading it up we'll have off the bat, wilbur ross i think you mentioned some others, peter navarro, kevin hassett, ivanka trump with a student of what's possible in terms of trying to take the jobs of today and match up the education with what people will need mick mulvaney, he had about six different jobs we'll talk to him and alex acosta working on some other guests we'll see what happens all that is coming up. >> i was thinking about it yesterday at delivering alpha. things kicked

. >>> good morning welcome to "squawk box" right here on cnbc i'm andrew ross sorkin along with melissand wilfred frost this morning take a look at u.s. equity futures at this hour we have red arrows nasdaq off about 35 points and the s&p 500 looking to open down six points hasbro one of the morning's premarket winners. reporting a quarterly profit of 48 cents a share that beat by a wide margin revenue also coming in well above street forecasts and the most widely anticipated coming after today's closing bell we'll get the latest number from alphabet this afternoon. analysts there looking for earnings per share of $9.50 per share on revenue a little over $32 billion. that would be nearly 24% above year ago levels. we'll also get a latest read on home sales national association of realtors releasing its report for june at 10:00 a.m. eastern time. >>> top corporate story this morning, fiat chrysler is replacing ceo sergio machionne phil lebeau joins us with the latest. >> there had been rumors he was not doing so well in terms of recovering from surgery about three weeks ago. we heard abo

in becky qui i'm becky quick along with joe kernen and andrew ross sorkin. we have a big lineup of speakers at the conference including national economic council director larry kudlow. also mary erdoes, we will also hear from former white house strategist steve bannon. he will wrap things up for us this afternoon and this morning marc lasry will be joining us at 7:00 a.m. eastern time >> markets are still happening, even on -- i thought they would take a pause, they're not. let's check the markets on delivering alpha day now up 28 points on the dow. up two on the s&p. nasdaq indicated up 3. let's look overnight in asia i saw some mixed results over there. yes pan is up a half point hang seng and shanghai down. in europe, saw some positive action earlier see whether that is still the case with all the general news backdrop it's just the normal news cycle. >> the new normal. >> the new normal. >> that was smart when he coined that phrase. >> works in a lot of different situations it's not fancy or profound >> he was the first one to figure that out. we're stil

i'm becky quick along with joe kernen and andrew ross sorkin. it is jobs friday. the forecasters are looking for an increase of 195,000 non-farm payrolls the unemployment rate is expected to hold steady all the way down to 3.8% let's look at the u.s. equity futures. despite the beginning of the tariffs being placed on chinese goods by the united states and on u.s. goods by china, you can see that the futures are down, but not by a lot looks like the dow is down by 41 points s&p is off by 2. nasdaq off by 3. this comes after a positive day for the markets yesterday. dow was up 181 points yesterday. s&p up by 23 the nasdaq up by 83. let's look at what happened overnight. the hang seng was up by a half percentage point so was the shanghai. in japan, the nikkei was up by 1.1% let's look at what's happening early this morning the trading that's already taking place in europe for the most part you see green arroei arrows finally looking at treasury yields the ten-year, 2.58%. >>> president trump launching the opening move in a trade war. the u.s. imposing tariffs on $3

. >> it speaks to what lloyd told andrew ross sorkin you talked to him awhile ago, david. >> yeah.n my last interview with david solomon that took place, it was at the end of april of this year we talked about what we typically would. he has been a banker focussed, in part, on ceos and on companies in terms of their needs. this now will require, of course, a more broader view on his part that's been going on he's known he's going to get the top job. here is what he had to say in terms of conversation we typically have had about the environment as it relates specifically to mergers and acquisitions. >> a lot of these transactions make sense the world is changing because consolidation because industry lines are blurring it's important for people to main ta maintain their competitive position i think ceos have to balance what do we need to be well positioned in an increasingly dynamic environment versus the fact it's harder to get the stuff done. >> solomon era will soon begin at goldman sachs. >> i want to point out that investor banker is regarded as less episodic as trading people

. >>> good morning welcome back to "squawk box" here on cnbc i'm andrew ross sorkin along with scottapner and michelle caruso-cabrera let's look at what's going on at this hour. right now dow looks it would open up higher s&p looking to open up margely hi -- marginally higher. here's what's taking place overseas you're looking at red arrows across the board not terrible, but down nonetheless pretty much everywhere as we said on the banner right there the dow s&p 500 still on pace for their best month since january. >>> we're going to get a fresh read on the housing market this morning. the national association of realtors will release its june report on pending home sales that measures the home contracts signed but not yet closed. >>> dow component caterpillar expected to report its second quarter earnings bottom of the hour analysts believe they will report on revenue of $13.9 billion. we're going to have those numbers for you as soon as they're out. stock so far year to date higher by 25% >>> walmart is said to be exploring the subscription video streaming service. however the proj

i'm becky quick along with joe kernen and andrew ross sorkin. let's look at the futures.fter a mixed day yesterday, you will see this morning that the nasdaq is coming under severe pressure down by 53 points below fair value. thank netflix and amazon prime for some issues yesterday. s&p futures down by 4.5 points the dow indicated higher again it was bank of america that powered things for the dow yesterday. this morning the dow up by 10 points we have three dow components that will be reporting during the course of the morning. overnight in asia, stocks were lower. the shanghai was down by a half percent. stocks in hong kong, the hang seng off by 1.25%. the nikkei was up by 0.4%. this morning in europe, mostly green arrows these are moderate advances, everyone but but spain higher. spain down 0.2%. treasury yields yesterday, the ten-year note at 2.864 this morning. >>> president trump enduring criticism from high ranking republicans and his closest personal allies for a summit in helsinki where he side stepped an opportunity to confront vladimir putin he equivocated on w

i'm becky quick along with andrew ross sorkin and mike santoli.oe is off this week our guest host this hour is ed lee of the "new york times." he's here because we have a lot to talk about in technology. yesterday we set things up at the end of the session for an incredibly strong day. we are looking at the nasdaq setting a new high the s&p closed at its highest level since january and the dow closing at the highest level since february, then we heard from facebook. facebook shares getting slammed and the rest of the f.a.n.g. stocks following that's why the nasdaq is down by 108 points you can see the dow was up by 64 points check out what happened with the f.a.n.g. stocks. facebook down by 17% believe it or not that's an improvement. that stock was down by 24% overnight. talking about at one point 1$151 billion in market capitalization being wiped off that stock mike and i were talking about this earlier, it closed yesterday at 620 billion >> 625 around. based on what we know how many shares they have out there 217 was the price. looking to open