thank you very much, andrew ross sorkin no time for the rbi. we'll do it tomorrow morning stock futures are up big the crypto collapse. you have oil ace big slide just getting started on cnbc we'll see you tomorrow have a great monday. xfinity mobile is a new wireless network designed to save you money. even when you've got serious binging to do. wherever your phone takes you, your wireless bill is about to cost a whole lot less. use less data with a network that automatically connects you to the most wifi hotspots in millions of places and the best 4g lte everywhere else. saving you hundreds of dollars a year. and ask how you get xfinity mobile included with your internet. plus, get $200 back when you when you buy a new smartphone. xfinity mobile. it's simple. easy. awesome. click, call or visit a store today. >>> good morning stock futures rebinding at least at this point after they had the worst decline since 2011 we'll have a rundown of the biggest movers straight ahead. >>> elon musk revealing how close tesla came to failing during a recen

when we come back, general motors ceo mary barra speaking at the deal book conference with andrew ross sorkin and a ton of other interviews you won't want to mitss "squawk on the street" will be right back dow is up 174. don't go away. >>> one top investment strategist has three reasons stocks will rally into year end. find out what they are on tradingnation.cnbc.com more "squawk on the street" is coming up. >>> gm's mary barra has taken the stage at the deal book conference she's sitting down andrew ross sorkin talking china let's listen in. >> not only do we have a significant business over there. cadillac, luxury, even though there's parts of the markets that are declining right now, luxury is growing and we're playing a significant role with cadillac not only would it hurt from a sales perspective but we have a strong joint partner that we do work with from a development perspective so that would impact as well. >> you've spent time with the president. i imagine you tell him these things what does he tell you? tell us about those conversations. >> [ laughter >> i haven't necessarily had a

andrew ross sorkin has a preview. >> we have a big show for you.g to you live from lincoln city ron baron, one of the great legendary investors has his annual conference today. we'll be with him talking about markets, stocks and we will be talking about tesla. elon musk and that company just yesterday announcing a new chairman we will have a discussion about that later in the program we'll talk to ken molis here on set a stand-out star in terms of the wall street banking world. from the old milken diaspora you always go out to that milken conference we have a lot more >> the cell phone company? >> yes >> we talked about them 20 years ago. that company has a heck of a history. >> it's got a heck of a history. ron baron is a bull on that company. we will talk to that ceo and ron. >> still bullish on tesla? >> still bullish on tesla? we'll find out he's putting up his fist in success. i think that's a success fist. beginning of success is what he's screaming out to me bullish on tesla we'll talk about that. >> looking forward to it, andrew >>> still t

i'm becky quick along with joe kernen and andrew ross sorkin. let's look at u.s. equity futures.ings are in the red. dow indicated down by 44 points. s&p off by 6 the dow and s&p turned in positive sessions yesterday. the nasdaq was down as apple was down again this morning it's indicated down by another 25 points

i'm becky quick along with joe kernen and andrew ross sorkin.st host is ian shepherdson from pant hshg e tpo economics. let's look at the u.s. equity futures. we are giving back some ground we picked up yesterday yesterday the dow was up by 354 points s&p was up by 40 points. the nasdaq up by 142 points. this morning dow futures down by 55 nasdaq off by 36 s&p futures down by 9 points the rally yesterday was the best we've seen in three weeks for the dow and th

andrew ross sorkin, what is coming up? is coming up you know what is coming up >> nope. >> david sazlov and tiger woods. >> tiger woods is on the show? >> there you go. can you hear me? >> yeah. >> have i just stopped the tape for you? that's basically the end that is all i got for you. >> that's a lot. >> you know what i want to talk about with you what will happen this friday i hear people talking about -- you're mr. opec. people are talking about this g20 thing as the real opec, because you will have putin there, mbs, i want to know what you think will happen with oil this weekend >> don't say it's the real opec, because we're goingto austria next week. i want to make sure that trip means something. to your point i will say this, it's anextremely important g20 meeting, not just with the trade issue, you are correct that the president has been aggressive on opec however opec is less opecy because the friday after opec and russia and the saudis meet, that may be the real opec. it's all shifting. >> is anybody going to car

andrew ross sorkin has a preview of the show today.terday will be front and center >> that is the story of the day. it was the story yesterday we'll try to figure out whether it's a story that can keep on going. jason trenner it will be with us for two hours starting at 7:00 this morning we'll talk about the economy it may get political austan goolsbee also will be joining us and melissa lee is our guest host for all three hours >> i heard she would be sitting next to you. >> given the fan base, i wanted to make sure that's what everybody knew was happening >> i get to sit next to melissa every day of my life, her desk is about five feet from mine >> you lucky duck. >>> some other stocks to watch, wynn resorts third quarter earnings missing, they are warning of a slowdown in their business in macau. >>> square's q3 profit beat, but fourth quarter profits are forecasted below expectations. >>> and take-two interactive reporting strong second quarter results. the video gamemaker is raising its guidance for the year on the heels of a mons

i'm becky quick along with joe kernen and andrew ross sorkin. let's look at u.s.res at this hour it is the last trading day of november check it out you'll see right now the dow futures are down about 60 points s&p futures are down by 5 points the nasdaq off by close to 16 points right now believe it or not we're in this final trading session, and if things don't go south with any major market disrupting news you might get from the g20 meeting, we may just end for the dow

i'm becky quick with joe kernen and andrew ross sorkin u.s. equities.he markets but this morning things are starting out rather tepid. dow futures are down but only 8.5% s&p futures down by less than a point and nasdaq up 11 points. the wild time that we saw last weekended with the dow, s&p and nasdaq all up over 2.3% for the week the s&p had its best week since march 9th. a lot of different factors that were playing into things on friday we had a better than expected jobs report

i'm andrew ross sorkin with joe kernen and melissa lee is hanging out for all three hours this morning becky is off today look at u.s. equity futures after what was a heck of a day yesterday in the green looks like right now dow would open down off about 40 points. nasdaq looking to open off by 41 points s&p 500 looking to open off by 10 or 11 points right now. let's see what happened overnight in asia after what was an unusually great day for the markets. the nikkei up close to 2%. hang seng up a little bit. shanghai off marginally. let's look at europe overnight you're looking at a bit -- can i call it a mixed picture? most of that is in the red with the exception of the uk with the ftse 100 treasury yields, this is the number that a lot of people are focused on right now you can look at the ten-year at 3.223. >> we're following breaking news out of california. police are reporting at least 11 people are dead after a gunman opened fire at a bar in thousand oaks authorities say the shooter is dead hundreds of people were inside the bar at the time of the shooting the bar was hosting a

i'm becky quick along with joe kernen and andrew ross sorkin.e'll start this morning with the markets. the dow dropping by 600-points yesterday. it got dragged down in the close. all session long it was dogged by apple negative reports coming in from one of apple's iphone suppliers and by goldman sachs following new reports about the bank's possible connection to a massive fraud scandal in malaysia. more about those two stocks in a moment let's check out where the u.s. equities are shaping up. futures are indicated in positive territory dow futures indicated up by 105 points s&p indicated up by 14 points. the nasdaq futures up by 50 points losses across the board. the steepest declines came with the nasdaq yesterday in terms of percentage points. across the board, weakness in the tech sector. let's look at what happened overnight in asia. the nikkei closed down by 2% the hang seng up by 0.6% shanghai composite up by close to 1%. in europe, where we're already seeing the early trading taking place, there are mostly green arrows the dax up 0.7%. t

i'm becky quick along with joe kernen and andrew ross sorkin.s joe said, it's been a strong week for the markets the best week we've seen since early march. the dow is indicated up by 175 points the last three days without these gains this morning, the dow has added more than 900 points a big back swing upwards after the losses and volatility a couple weeks before. the s&p is indicated up by fin last three days which hasn't happened in quite awhile right now the nasdaq is indicated up by 6 points let's look at treasury yields. you will see the treasuries now, the ten-year is yielding 3.165%. if you check out what's happening in europe, at this hour you can see we are looking at gains across the board. biggest gainer of the major averages is the dax in germany, up by 1.1% italy is up by 1%. stocks are higher in spain, too. wti yesterday closing down another 2.5% to a seven-month low. another 16 cents lower this morning. 63.52. >> you got that from santoli >> yeah. >> we have a cnbc contributor joining us today, andrew ross sorkin >> thank you wel

i'm becky quick along with joe kernen and andrew ross sorkin. let's look at u.s. equity futures.ight now things are in the red. dow indicated down by 44 points. s&p off by 6 the dow and s&p turned in positive sessions yesterday. the nasdaq was down as apple was down again this morning it's indicated down by another 25 points we've had 18 midterms since world war ii one-year later every single time stocks have been higher, on average by 17% if you look from the yearly low the year earlier, they are up averaging about 32%. we'll see what happens today and then over the next 12 months let's look at what happened overnight in asia. the nikkei ended up by 1.1%. hang seng was higher shanghai was down by a quarter of a percentage point. if you look at what's happening now in europe, right now red arrows across the board. mostly fairly modest declines. italy and spain both down. spain is down by close to 1% treasury yields, look and you'll see the ten-year now is yielding 3.193% crude oil prices, which settled down barely yesterday, settled at 63.10, the lowest settlement in seven months

he went to the conference and spoke to andrew ross sorkin as the lockout was happening, literally, anded about the anger that he himself feels, and also said that he does not run the company by referendum, that even though employees feel empowered, this is not going to necessarily determine how they view the company. how do we square that? brad: he is in a tough position. the way all of this unfolded, andy rubin, who was really succeed larry to page, he left the company in was elevatedar to ceo the following year. so the allegedly inappropriate behavior did not happen after his watch. he is able to share the outrage of the employees and endorsed the -- the lockout. the difficult decisions will come when he has to address some of these five demands the employees have, like ending arbitration. it could open up the company to liability, so the top decision for him still remains. emily: and it did happen to larry page's watch, who is still bossf alphabet and sanders . brad: that is definitely some awkwardness there. emily: in general, may not come have you ever seen this kind of employee o

i'm becky quick with joe kernen and andrew ross sorkin u.s. equities.t week a pretty wild ride for the markets but this morning things are starting out rather tepid. dow futures are down but only 8.5% s&p futures down by less than a point and nasdaq up 11 points. the wild time that we saw last weekended with the dow, s&p and nasdaq all up over 2.3% for the week the s&p had its best week since march 9th. a lot of different factors that were playing into things on friday we had a better than expected jobs report the issue was really moving things we have mid terms coming up this week all of that will be in focus take a look what happened overnight in asia. going to see that the nikkei ended down by 1.5% hang seng was off by even more decline of 2%. the shanghai composite was down by .4% in the early trading you're seeing right now in europe across the board, all the major averages are slightly higher relatively flat for both the ftse, the cac and the dax. italy the stocks were down by .4 of a percent stocks are up by the same amount finally, take a look a

i'm becky quick along with joe kernen and andrew ross sorkin. look at u.s.quity futures at this hour. yesterday was a big down day for the markets. dow down almost 400 points a decline of 1.5%. s&p down by 1.6% nasdaq down 3% you might have expected a rebound this morning, you're not getting it dow futures down by 143 points s&p futures down by 15 the nasdaq off by 59 should say yesterday was the worst day the nasdaq has seen since october 24th put that index at the lowest level since april 25th watching very closely to see what happens if you thought we were out of the woods after october, not yet. we will continue to watch this a big part of the decline is because of technology stocks apple closing in bear market for the first time since july of 2016 all of the f.a.n.g. stocks are now in bear market territoriment we' ter toyterritoriment ter toy territory we'll talk about that in a bit. over in europe, red arrows across the board declines of 1% from the dax and cac. in london the ftse is down 0.6%. stocks in italy off 0.8% in spain, off by 1%. the big lose

i'm becky quick along with joe kernen and andrew ross sorkin.ur guest host is ian shepherdson from pant hshg e tpo economics. let's look at the u.s. equity futures. we are giving back some ground we picked up yesterday yesterday the dow was up by 354 points s&p was up by 40 points. the nasdaq up by 142 points. this morning dow futures down by 55 nasdaq off by 36 s&p futures down by 9 points the rally yesterday was the best we've seen in three weeks for the dow and the s&p 500. it moved the s&p 500 out of correction territory though the nasdaq and the russell 2000 remain there. we'll continue to see what happens with this. the dow and s&p having their best day in three weeks. also look at what happened overnight in asia. you will see the nikkei ended the session up by 0.6% stocks were weaker in both the shanghai composite and for the hang seng with stocks barely down for the shanghai. the hang seng off by 0.2%. if you look at europe and the markets trading there, mostly red arrows the dax is down by 0.2%, so is the cac in france. the ftse down by

i'm melissa lee along with joe kernen andrew ross sorkin is reporting live from the annual baron investmentonference, he will join us in a bit with guest host ron baron. and i guess he will talk about tesla, which you eluded to >> maybe, maybe not. we'll see you later. >>> let's check the markets. joe mentioned the dow lower by triple digits. down 120 points. s&p looking to open lower by 15 1/2 nasdaq down by 62. still digesting the fed meeting yesterday where there were minor tweaks to the language, particularly concerning business investment we'll get to that in a moment. overnight in asia, that trajectory is still lower. the nikkei down by 1%. hang seng down by 2% shanghai down by 1.40% in europe, let's see if we're taking cues from the asian markets. we are we have red arrows across the board with the italian minute down by 1.25%. as for treasury yields, we're watching that closely. on the ten-year up to 3.22 or so right now at 3.028%. >>> shares of disney moving higher shares of the entertainment giant are moving higher. disney reporting a record profit last quarter disney also announc

i'm becky quick along with joe kernen and andrew ross sorkin. let's look at u.s.quity futures at this hour it is the last trading day of november check it out you'll see right now the dow futures are down about 60 points s&p futures are down by 5 points the nasdaq off by close to 16 points right now believe it or not we're in this final trading session, and if things don't go south with any major market disrupting news you might get from the g20 meeting, we may just end for the dow, the s&p finishing november with some small gains. we ended down slightly yesterday. the first three trading days of the week wiped out most of the losses we had seen the previous week we'll see what happens on this friday as we head into the weekend especially with this g20 meeting. let's look at what happened overnight in asia. you will see right now, the nikkei was up by 0.40% hang seng was up by 0.20%. the shanghai was up by 0.81% in the early trading taking place now in europe, you can see red arrows across the board. not massive losses the ftse is down by 0.70%. the dax is off by

i'm becky quick along with joe kernen and andrew ross sorkin. let's look at u.s. equity futures. it's been a rough week so far. dow is down 950 points for monday and tuesday sessions. right now we are indicated up by 65 points. nasdaq is indicated up by 37 points after its rough sledding over the last couple of days, down 1.7% yesterday, down 3% the day before s&p is indicated up by 8 1/2 points if you look at the damage at this point, the dow, the s&p 500 have both lost their 2018 gains. the dow is now down by 9.2%. the s&p and the nasdaq are in correction territory with the s&p down by 10.2% from its highs and the nasdaq off by 15%. the russell is also in correction territory let's look overnight in asia you can see the nikkei ended down another third of a percentage point stocks in china were stronger. the hang seng closed up by half a percentage point in europe, some early trading taking place, you will see that right now it looks like there are green arrows across the board. these are modest advances given some of the concerns we've seen over the last couple of sessions righ

i'm becky quick along with joe kernen and andrew ross sorkin. the u.s.quity futures on this cold and snowy morning here in times square are indicated lower. dow futures down by 71 points. that comes after a 208-point gain for the dow yesterday and a reversal of fortunes across the board. yesterday the s&p was up 28 points and the nasdaq was the best performer, it was up by 122 points this morning down across the board. the dow futures down by 70 points s&p futures off by 10. nasdaq down by 62 as we slide into the end of this trading week look at what happened overnight in asia. the nikkei down by a half percent. stocks in china higher shanghai up by 0.4%. hang seng up by 0.3% and then in europe where you're seeing early trading activity taking place, things are flat to mixed. the cac and the ftse both relatively flat. dax is up by just over a tenth of a percentage point. italian stocks up by 0.25% the ibex in spain down by just over a tenth of a percent. if you look at what's happening with the treasury yields in the united states, the ten-yearnot yieldi

i'm becky quick along with joe kernen and andrew ross sorkin.ur guest host is peter boockvar from bleakly advisory group. lots to talk about today today's top story a divided congress democrats picking up seats in the house of representatives to take control, but republicans adding to the majority in the senate eamon javers will bring us the big headlines in a moment. u.s. equity futures are up sharply. dow futures up by 250 points while it was expected that you would see a split in congress with the house going to the democrats and the republicans taking the senate, the majority really was probably a surprise by just how strong the number of republicans were in the senate we saw some of those key senate races called, you saw the futures up by 100 points >> i'm surprised at the consensus. we said maybe presidential elections, the consensus can go topsy-turvy. this is what people thought would happen add to the senate. >> very much what people thought would happen looking at the s&p futures, they're up nasdaq is up by 120 points s&p futures indic

i'm becky quick along with joe kernen and andrew ross sorkin. the u.s.tures on this cold and snowy morning here in times square are indicated lower. dow futures down by 71 points. that comes after a 208-point gain for the dow yesterday and a reversal of fortunes across the board. yesterday the s&p was up 28 points and the nasdaq was the best performer, it was up by 122 points this morning dow

i'm becky quick along with joe kernen and andrew ross sorkin. for the markets the best week we've seen since early march. the dow is indicated up by 175 points the last three days without these gains this morning, the

i'm becky quick along with joe kernen and andrew ross sorkin. our best host is j.j.inahan from td ameritrade thank you for being here >> my pleasure. >>> things are indicated up with the dow futures up by 89 points. s&p futures indicated up by 9. the nasdaq up by 34. at this point, you are looking at the potential for stocks to erase their declines that they've seen for november. already you have the s&p 500 and the nasdaq back in positive territory for 2018 with the gains that we saw yesterday and on monday. though the nasdaq is still pretty firmly in correction territory. we'll talk more about all of these things a few more days left in trading for the month of november. so far the dow is down 1.5% for the month. the s&p 500 is down by 1.1%. the nasdaq is down by 3.1% look at what happened overnight in asia, stocks were higher in japan with gains up 1% the hang seng and shanghai closing up by 1% in europe you're seeing some of the early action taking place, it looks like a mixed picture for the markets. big gains for the cac, up by 0.4% the dax up by a quarter perc

some still remain concerned, though blackrock ceo larry fink spoke about his fears with our andrew ross sorkin in new york today. >> if the path remains the same in the next few weeks, we're going to have a full-fledged trade war. >> you think a -- what does that look like? >> the $200 billion tariffs the president proposed i think china is a very strong, very proud nation. i would have -- i think they're going to stand pretty firm i think privately, they will negotiate, but i don't believe it has worked for them at the moment look, we had similar problems with our negotiations with mexico and canada. that was stalled and stalled and stalled until we came to a resolution let's hope i'm wrong let's hope that china and the u.s. come to an agreement. >> let's bring in jimmy. great to have you with us. moments ago, we understand, from chinese state media that the phone call was at the request of president trump. i'm not sure if that changes how you're thinking about this conversation this is what president soxi sai about the meeting. mutual benefit and win/win are the target and the two countries

i'm becky quick along with joe kernen and andrew ross sorkin. let's look at the u.s.quity futures. yesterday markets down once again. dow closing down by 200 points after being up by 300 points or more during the session. s&p was down by 20 the nasdaq was down by 64. this morning we are starting out in the green with the dow futures indicated up by 44 the s&p up by 4. the nasdaq up by 32. we'll see what happens >>> let's look at what happened overnight in asia. the nikkei was down by 0.2%. you did see stocks higher in china. the shanghai was up by 1.3, the hang seng was up by 1.75%. in europe, markets are mixed the dax is flat. the cac is down by 0.3%. the ftse in london is up by a tenth of a percent stocks are weaker in italy and spain. finally check out treasury yields here today. after some comments from jerome powell yesterday looks like right now the ten-year is yielding 3.1%. we'll talk about powell's comments in a moment >> we have some brexit breaking news overnight the pound sinking against the dollar after the uk's brexit minister resigned putting more press

i'm becky quick along with joe kernen and andrew ross sorkin. let's take a look at the u.s. equities this hour you will see things are indicated higher dow futures indicated up 250 points the s&p up 28 and the nasdaq indicated up by 106. this comes after some new lows that were set last week, at least month-long lows for the dow and the nasdaq the dow on friday closed at the lowest level since july 3rd. the s&p was at its lowest close since may 3rd. the nasdaq not at a month's long low but it is down 5% for the month of november so far and that's after dropping 9% for the month of october that shows you a little bit of the carnage we've seen at this point. just last week it was down 4.4% and the nasdaq off 4.3%. this morning we see green arrows across the board take a look at what happened overnight in asia. going to see that in asia stocks closed higher in japan, up by 3/4 of a percentage point hang seng was up by 1 3/4% and the shanghai was down. gains of better than 1% for the cac and dax. ftse up by almost 1% and then in italy stocks up by better than 2.7% in spain, stoc

i'm becky quick along with joe kernen and andrew ross sorkin.with the markets. the dow dropping by 600-points yesterday. it got dragged down in the close. all session long it was dogged by apple negative reports coming in from one of apple's iphone suppliers and by goldman sachs following new reports about the bank's possible connection to a massive fraud scandal in malaysia. more about those two stocks in a moment let's check out where the u.s. equities are shaping up. futures are indicated in positive territory dow future

we're live at the nasdaq market site in times square i'm melissa lee along with joe kernen and andrew ross sorkin we set up for this holiday-shortened session. markets do close at 1:00 p.m. today. we have a few hours of trading dow looking down by 124 points s&p is looking to lose about

i'm becky quick along with joe kernen and andrew ross sorkin. look at u.s. for the markets. dow down almost 400 points a decline of 1.5%. s&p down by 1.6% nasdaq down 3% you might have expected a rebound this morning, you're not getting it dow futures down by 143 points s&p futures down by 15 the nasdaq off by 59 should say yesterday was the worst day the nasdaq has seen since october 24th put that index at the lowest leve

. >>> a few names andrew ross sorkin talked to yesterday at the deal book conference talked about-facek from wayne blankfein to the criticism of the platform take a listen. >> it's worrisome and bothers all of us on the board spending time making it better they've made a lot of changes. it's a complicated thing to get right. >> the body politic resents that and finds mechanisms for curtailing that and maybe it's a good thing for the rebound >> they have created an environment where that behavior thrives. >> google addressed the walkouts taking place yesterday over office misconduct. >> we don't always get it right. that's partly why today is important. i think a concrete step is coming out for me i want to acknowledge those who step up and do this. it shows courage and it's a process. i'm committed to doing better and i want to make sure google sets the bar >> after the remarkable pictures andrew did give pichai props for showing up saying he could think of a lot of executives who would have canceled on him >> a place of transparency, that he would support his employees want to have a

i'm becky quick along with joe kernen and andrew ross sorkin. let's look at the u.s.dow closing down by 200 points after being up by 300 points or more during the session. s&p was down by 20 the nasdaq was down by 64. this morning we are starting out in the green with the dow futures indicated up by 44 the s&p up by 4. the nasdaq up by 32. we'll see what happens >>> let's look at what happened overnight in asia. the nikkei was down by 0.2%. you did see stocks higher in china. the shanghai was u

i'm becky quick along with joe kernen and andrew ross sorkin. let's look at u.s. equity futures. rough week so far. dow is down 950 points for monday and tuesday sessions. right now we are indicated up by 65 points. nasdaq is indicated up by 37 points after its rough sledding over the last couple of days, down 1.7% yesterday, down 3% the day before s&p is indicated up by 8 1/2 points if you look at the damage at this point

the time this is an issue -- the bigger issue is that their ceo is willing to sit down with andrew ross sorkinut not doing what cheryl sandrock and jacks doorsy and show up on capitol hill. that's coming to them in 2019, one of the reasons why when it breaks breaks 1,000 is li it spends time below that as analysts invest what higher spend looks like to combat the issues >> i don't think google has facebook's issues. but i green with brian oh on the par site ig centralized numbers. the third quarter numbers were solid. but tough ask why does this company with as solid and predictable why does it trade at this multiple. i think it's too cheap that tells youing. >> to me my biggest complaint with google is the management of the balance sheet. it's ridiculous. if you look at what the microsoft has done and how the stock reacted, same for apple it's not ridiculous they're not giving that back to shareholders. >> for more on the issues playing google you can head over to cnbc maybe you will find a op-ed by tim here is what else is coming up on fast. >> it's going to be a big party. >> that's what a

. >>> coming up, andrew ross sorkin live from the next neighborhood over. ahead of today's dealbook conference. i like the combo there, andrew i do the tie, the shirt, the suit >> thank you, sir. we'll talk about it in a little bit. >> those are superficial things. we've got the latest read on jobless claims coming up at the bottom of the hour stay tuned, all you millennials. "squawk box" will be right back. alpha seems more elusive today. is it because so many go after it the same way, chasing after short-term returns? instead if getting caught up with the crowd, the investment managers at pgim take a long term view. uncovering opportunities for alpha across public and private markets, while anticipating unforeseen risk, has powered our rise to a top ten global asset manager. partner with pgim. the global investment management businesses of prudential financial, inc. the global investment management businesses of checkout is at 4pm. plenty of time to enjoy your ride. (bicycle bell sound) ♪ ♪ (bicycle bell sound) ♪ ♪ (bicycle bell sound) ♪ ♪ explore more wi

we're live at the nasdaq market site in times square i'm melissa lee along with joe kernen and andrew ross sorkinr test host is dana telsey let's get to the markets as we set up for this holiday-shortened session. markets do close at 1:00 p.m. today. we have a few hours of trading dow looking down by 124 points s&p is looking to lose about 14. nasdaq looking lower by 47 overnight in asia, we had a selloff in shanghai. japan is closed for a public holiday. hang seng down by a third of a percent. in shanghai, down by 2.5%. european equities are digesting german pmi, which was delow expectations a check on treasury yields, ten-year at 3.052% the twos at 2.82%. >>> it is the biggest shopping day of the year. this is a live shot of the mall of america in minnesota. the doors just opened. traffic at the malls and stores expected to peak later this afternoon. many stores open on thanksgiving courtney reagan will give us the rundown in a few minutes >>> nissan's board voting unanimously to remove carlos ghosn from his post. he was arrested earlier this week on allegations of financial misconduct there ar

to "squawk box" right here on cnbc we're live at the nasdaq market site in times square i'm andrew ross sorkinkernen. we are watching stocks pointing to a lower open on wall street mike santoli will join us in just a moment with more. two, oil rising about 2% at the highs of the overnight session after saudi arabia said that opec and its partners believe demand is softenening. we'll bring a live report from one of the energy conferences in a bit. >>> three, deadly wildfires in california more than 200 people are missing today. we're going to head there on the ground for a live report >>> but first, this morning's top corporate stories. s.a.p. is buying data analytics start-up qualtrics for $8 billion in quash qualtrics was named a cnbc disrupter last year. the ceos will join us at 8:00 a.m. eastern time for a first on cnbc interview >>> athena health has agreed to be bought for $135 a share or $5.5 billion the deal is announced today. owns a 9% stake in athena health and pressured the company to sell itself. you see the shares up over 3%. >>> alibaba will send more than a billion in relation t

i'm joe kernin along with becky quick and andrew ross sorkin and futures right now are down, kind of they were down 50. they were down 100 now down 80. we're down 42 on the nasdaq which had a good day obviously, the tech did rebound. a little fullback on the opening it looks like. s&p down 12. treasury yields, on the ten-year, anyway, right at 3%. the 3.012. and oil is weak again. interesting cross-currents it's not only about the equity markets. there are interesting things happening across the board >> we're watching three big stories this morning one, midweek rally the dow and s&p 500 turning in their best day since march after jay powell said they thinks the interest rate level is near a neutral level. we will learn more today from the fed. we'll get the minutes of its last meeting which are due out at 2:00 p.m. number two, a raid at deutsche bank offices in germany this morning sending shares of the bank lower reports say that the surge was directed towards two staff members who were accused of helping clients set up offshore businesses deutsche bank confirming the case is relat

"squawk box" here on cnbc live from times square i'm joe kernen along with becky quick and andrew ross sorkine morning. 33 points for the dow. the nasdaq almost nine, the s&p indicated down a little over four right around four points the treasury yield curve, you see 3.08% now on the 10-year and the dollar has fallen a little bit yeah >> last week we were unwinding the idea we're nowhere near neutral. that we are near or at neutral coming from the vice chairman of the fed. >> with liesman. right. yeah >>> in headlines this morning, nissan chairman carlos ghosn has been arrested. the executive is under investigation after he allegedly violated japanese financial law. nissan said over a period of many years, ghosn and board director greg kelly underreported compensation amounts. check it out this morning, nissan shares down by more than 8.5% renault shares down by over 10%. and we're going to have more on all of this. the automaker is expected to take steps to oust ghosn >>> we're also watching shares of apple today apple suppliers are suffering after the technology giant is struggling to forec

i'm joe kernen along with becky quick and andrew ross sorkin futures now just barely positive the nasdaqematic is now negative dow indicated up 16. was up earlier s&p flat lining. andrew, it's time for the big three stoisries exactly three. >> here's the top one. crude sliding to lowest level since december of last year. two on the list, a big moment for the uk and european union. they have now reached a provisional agreement but big hurdles do remain. and three, boeing having a tough morning. the latest on a potential flight has around and reaction from a pilot straight ahead >>> we'll tell you what else is in our headlines at this hour. the white house will be holding off on opposing tariffs. at least for now after the president met with his trade team at the white house. the president had reportedly threatened to impose a 25% tariff on all four >>> snap says it believes the investigation is probably focused on statements it made related to competition the class action lawsuit claims that snap did not reveal how much instagram was hurting its growth >>> and a read on consumer prices at