i'm joe kernen along with becky quick and andrew ross sorkin u.s.though we are seeing all three in the red now. see the dow down 30 points nasdaq off 29 or so. s&p down 5 and change. you can say the earnings parade is slowing but today not a lot netflix important. stock's down verizon, 10-year note .81. there was a time i thought an 8 handle was good. >> decades and decades ago i know their first mortgage was 8.5%. >> double digits. >> now look. >> .8. surging. cranking the economy >> right let's get you caught up on some of the stories that investors already talking about today. some of the things joe just mentioned. verizon earnings out a couple of minutes ago. beating by 3 cents with quarterly profit of $1.25 a share. verizon also increasing its full year guidance and adding a greater number of phone subscribers than wall street had expected stock is up by 0.4%. don't miss the first on cnbc with interview of hans vestberg. netflix taking a share after they posted a lower than expected profit. it was netflix worse ever miss the company saw the wea

welcome to "squawk box" here on cnbc i'm andrew ross sorkin with joe kernen becky is off today all breaking five-month win streaks with the dow the big loser. still a good quarter i should say a very good quarter. the dow gaining 7.5% take a look at u.s. equity futures this morning let's show you where things stand as we speak. the dow up triple digits s&p looking to open higher nasdaq about 140 points hire overnight, tokyo stock exchange suspended trading after a glitch blaming a hard wear problem followed by a failure to switch over to a backup device. the first full-day closure of the tokyo markets since trading began in 1999. too much partying like in 1999 >> also in 1999, the year after was the year 2000. that was the last time the nasdaq had two quarters as good as this. it has been 20 years the nasdaq was up 45%. so it has been pretty unbelievable yesterday, we had worries about coronavirus. even in new york and elsewhere where there is high infection rates. we had sort of just the aftermath of the debate, which people said was unsettling just watching then we had one person say the

i'm becky quick look with joe kernen and andrew ross sorkin. and if you want to take a look at equity future, you will see green arrows it looks like the dow is indicated up about 90, s&p 500 by close to 10 and nasdaq up by 42, this is after a down day yesterday for the markets. but that is the first time in the last five sessions we've seen the markets drop and gains are outpacing the losses so an evening out. and take a look at the treasury market, you will see right now at least, it looks like the ten year is sitting right around 0.719% andrew >> and we have numbers to bring you this morning from united health group just out with its quarterly numbers. reporting quarterly earnings of $3.51 per share. it beat the consensus estimate of $3.09 revenue also above forecasts, saying that medical care trends that had been disrupted by the pandemic are moving closer to normal you are looking at that stock up just marginally this morning and we have three more financials, bank of america this hour, goldman sachs in the 7:00 hour and then wells fargo i

"squawk box," here on cnbc live from the nasdaq market site in times square i am joined by andrew ross sorkincasa sorkin, casa evans, i thought you were setting up a shot, kelly, of the two little ones. man, you know about kids, they were so cute >> i said come visit >> their eyes, the one on your left, his eyes were so bright and so excited was it to see you or did he get a shot of me in the monitor? w why was he so happy? >> we saw himself in the monitor, and i think we know where he gets that i'm a little worried we're setting him up for, i think this one likes the camera a little too much. >> that's one of the great things about being at home anyway, i see you hustled him off. i don't know where they are now. i hope they come back and mess up a shot at some point. anyway. >> they went for a walk, but i would love for them to i know, we got to get to this news we have breaking news on a biotech company with a covid treatment. let's get straight to meg tirrell who has all the details this morning meg. >> hey, kelly. this is another antibody drug, this one from biotechnology, which is partne

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 high the s&p and nasdaq also saw strong gains and this morning you will see that there are green arrows once again, the dow indicated up by about 88, s&p by about 9 1/2 and the nasdaq indicated up by 48 points if you watched what happened in the treasury markets, we did get a lot of fed speak and it sounds like there is a little bit of confusion. you can see the ten year note has ticked up a little bit, 0.769% is the latest yield andrew >> and let's take a quick look at the dow transports, gaining another 2.5% yesterday, also hitting a record high, the two as to beings to watch this morning, eli lilly and he regeneron both big winners on covid treatment hopes. and president trump touting both of those in a video that he released over twitter late yesterday. we'll tuck a lalk more about th. but also take a look at shares of tesla, new street research upgrading that company stock to a

i'm becky quick along with joe kernen and andrew ross sorkin. we are seeing green arrows this morning when it comes to the u.s. equity futures. dow futures up by 127 points the nasdaq up by 91. the s&p up by 16 this is a big deal it's been a strong four weeks for the market strong october, but you're looking at four weeks in a row that we've seen gains for the nasdaq even though it was down 4 out of 5 segs laeout of 5 segs s out of 5 segs laessions last we. a lot of that potentially around the possibility of vaccines. we'll talk to dr. scott gottlieb about that pfizer already saying that it's made several hundred thousand doses of its vaccine they could have 100 million ready by the end of the year if they receive approval. let's look at what's been happening in the treasury market this morning as well last week you did see those treasury yields under some pressure this morning back a little higher yielding 0.774%. >> thanks, becky busy day ahead let's look at the "squawk" planner. a group of oil ministers are meeting today. they'll be talking a

i'm andrew ross sorkin along with becky quick and joe kernen. let's show u.s.gs news crossing the wires literally as we speak that this is all moving around right now, the dow looks like it would open higher, 101 points higher, nasdaq up 55 points, the s&p 500 looking to open about 15 points higher. becky. >> andrew, thanks, we've got all the major stories affecting your money covered this morning phil lebeau is covering jet blue results. we start with meg tirrell who has a break down of all the earnings from the big drug makers so far it's a bit of a mixed picture. >> it is let's start with pfizer, that company reporting a bit of a mix, beating on the bottom line but missing in terms of revenue, sort of tightening its full year guidance, and of course everybody is looking for pfizer's commentary on its covid-19 vaccine we are expecting data potentially this week on that. stock down less than 1% now. it's recovering from where it was earlier. merck was a beat across the board. revenue coming in at 12.6 billion, versus 12.2 billion a huge beat by about $0.30 in

i'm andrew ross sorkin along with becky quick and joe kernen. take a look at u.s.r. they have been banging around, up and down, all friday morning here, now it looks like the dow is going to open 63 points higher, nasdaq up 10 points, the s&p 500 up about 6 points. joe, let's talk washington >> let's do because i don't know, yesterday looked like it was going to be an ugly session, and as it turned out, the market, you know, paired almost all of its losses and i don't know whether there's stimulus scuttlebutt or what. president trump, treasury secretary steven mnuchin giving some ground to the democrats for a stimulus deal, but prospects remain dim i don't know it's hard to gauge what the stock market and what's actually happening, i don't know, seems desensitive. anything positive. you're giving and you're taking away >> look, there was a scooch, which is a technical term of progress yesterday when we saw that the republicans at least, the secretary mnuchin and the president would accept some of the language around testing for nancy pelosi, but newscast about it w

i'm becky quick along with joe kernen and andrew ross sorkin.ures are indicated higher this morning, triple digit gains for the dow up by about 167 points but yesterday was a big down day for the markets. dow was down by over 400 points, 1.4% the s&p and nasdaq done evz nasy even more. this morning s&p indicated up by about 25 and nasdaq looks like it would open up by over 100 points fairly significant obviously everybody watching what will be happening with the stimulus talks with the deadline that nancy pelosi has said for later today. let's take a look at the treasury markets ahead of that, you will see that the ten year looks like it is yielding 0.777% so a little stronger yields for the treasury markets right now but andrew, obviously washington is where people are watching >> and that is exactly where we'll go because house speaker nancy pelosi and steve mnuchin are saying that they are making progress in their latest stimulus talks with time running short of course to reach a deal before that 2020 election and ylan mui is joining us with

i'm becky quick, along with joe kernen and andrew ross sorkin.'s take a look at what is happening. we're seeing green arrows that come after gains for the markets yesterday. yesterday in both the dow and s&p up by about half a percent the nasdaq up by a little less than half of that. this morning the dow futures up about 88, s&p by close to 10, nasdaq up by 4 1/2 but the dow and s&p 500 both down about 0.9% this week. they are on pace to break three week winning streaks nasdaq is due to break a four week winning streak. treasury yields, this has been where it has been interesting. 0.855%, we haven't seen that in quite some time, andrew. >> we haven't. but right now, want to get straight to of course the big story, i don't know how late you stayed up, but i stayed up until the very end president trump and joe biden facing out last night in their final debate before the election joining us now to focus on the issues that matter most, political strategist frank luntz. let's get straight to it, some of the top moments from the debate take a look at t

i'm becky quick along with joe kernen and andrew ross sorkin. u.s.quity futures are under pressure once again. dow futures right now indicated down by about 228 points, more than the 140 they gained yesterday. s&p futures are indicated down by about 30 points nasdaq indicated off by about 160 points and the nasdaq was the big winner yesterday, it was up about 180 points, a gain of 1.6% but on this last trading day of october, month to date the dow is down by about 4%, s&p down by about 1.5% and the nasdaq is up fractionally however, it has been an ugly week for stock du do dow down nearly 6%, s&p 4.5% and nasdaq more than 3%. oil prices have taken a big hit too. we've been watching that all week there has been more volatility there as we've seen. but wti is down to $36.34 after being around $40 earlier in the week treasury market, you will see the ten year note is sitting right around the yields that we've been watching. 0.82%. we've been in between 0.7 and 0.8 and we're pushing a little bit above that this morning. guys, i will say the momentum this

i'm becky quick along with joe kernen and andrew ross sorkin. and as joe mentioned, we are looking at a higher open this morning after the gains that we've seen the last several sessions yesterday the dow up by 122, a gain of more than 500 points the day before that and right now dow futures indicated up another 113 points this comes after the dow closed at its highest level in a month yesterday. oil prices picking up by about 3% more of a supply picture but the s&p 500 indicated up by about 13, nasdaq up by 31. and treasureky my market, te yielding 0.765%. andrew >> let's talk about stimulus this morning because house he speaker nancy pelosi and treasury secretary steven mnuchin spoke about a broad stimulus plan yesterday and speaker's office says that the treasury secretary made it clear that president trump had interest now in finding an agreement on a comprehensive relief plan, that conflicted with comments from the white house communications director who said that the white house wants to address stimulus checks, small business loans and th

i'm becky quick along with joe kernen and andrew ross sorkin. stocks were down during yesterday's session after president trump tweeted that he had instructed white house officials to halt negotiations on further coronavirus stimulus until after the election the dow, which had been up, turned around and actually closed down by about 375 points. it was down by 1.3%, s&p down by 1.4% and the nasdaq off by 1.5%. however, this morning the stock futures are sharply higher this started last night around 10:00 p.m. when president trump posted a flurry of tweets, one of them calling for airline and small business payroll support immediately. and another calling for a standalone bill on stimulus checks he was saying that he would sign these bills immediately. and as a result, take a look at the futures, dow futures indicated up with fair value by close to 200 points. ylan mui has been following all of this and has more >> good morning. and just hours after the president walked away from the bargaining table, he appeared to take three steps back calling o

i'm becky quick look with joe kernen and andrew ross sorkin.nt to take a look at equity future, you will see green arrows it looks like the dow is indicated up about 90, s&p 500 by close to 10 and nasdaq up by 42, this is after a down day yesterday for the markets. but that is the first time in the last five sessions we've seen the markets drop and gains are outpacing the losses so an evening out. and take a look at the treasury market, you will see right now at least, it

good morning, welcome to squawk box right here on cnbc i'm andrew ross sorkin becky is off today take a look at the u.s. equity futures across the board let's show you what's going on ahead of a very eventful news weekend we lating to the health of the president and so many others the dow looking like it would open up about 174 points higher right now.

welcome to "squawk box" right here on cnbc i'm becky quick along with joe kernen and andrew ross sorkinerday the dow up 531 points, that is its best day since july 14th it is now just 5% from a record

i'm becky quick along with joe kernen and andrew ross sorkin.e mentioned, we are looking at a higher open this morning after the gains that we've seen the last several sessions yesterday the dow up by

i'm andrew ross sorkin along with becky quick and joe kernen.nts lower right now on the dow. the s&p 500 looking to open down about 36 points. nasdaq down about 105 points there's pressure on oil this morning. reports obviously of increased covid cases here in the united states and europe and even questions about lockdown so all of that, plus the election is going to be what investors are going to be watching joe. >> thanks, andrew. investors will be watching as you say, and waiting for additional fiscal stimulus news from washington. mike santoli is watching the market, but we begin with ylan mui and the latest in the stimulus talks, ylan, i'm mad at the messenger. next time they start telling you stuff, oh, yeah, just tell them you're sick of this crap you know what i mean aren't you i mean, here we are again. we're on ef dvery day saying th same stuff can you push back on them saying let's go stop giving my this crap. >> they're still talking so we are still covering it. house speaker nancy pelosi says she is expecting to get answers today fr

i'm becky quick along with joe kernen and andrew ross sorkin.ooking at strong moves yesterday primarily with the nasdaq and s&p was no slouch, it was up by about

i'm becky quick along with joe kernen and andrew ross sorkin.cks were down during yesterday's session after president trump tweeted that he had instructed white house

i'm becky quick, along with joe kernen and andrew ross sorkin.look at what is happening. we're seeing green arrows that come after gains for the markets yesterday. yesterday in both the dow and s&p up by about half a percent the nasdaq up by a little less than half of that. this morning the dow futures up about 88, s&p by close to 10, nasdaq up by 4 1/2 but the dow and s&p 500 both down about 0.9% this week. they are on pace to break three week winning streaks nasdaq is due to break a four week winning

i'm becky quick along with joe kernen and andrew ross sorkin.ng green arrows this morning when it comes to the u.s. equity futures. dow futures up by 127 points the nasdaq up by 91. the s&p up by 16 this is a big deal it's been a strong four weeks for the market strong october, but you're looking at four weeks in a row that we've seen gains for the nasdaq even though it was down 4

welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew ross sorkin.monday morning we're checking out the futures. joe mentioned, markets are under pressure this morning. pick your poison on this looking at futures lately tends to be your average chest dow is indicated down by 312 points s&p futures are down by 40 points and the nasdaq is off by 117. you could say this is because of the rising covid cases both here in and in europe you could say it's because of the election firming up trying to

i'm becky quick along with joe kernen and andrew ross sorkin. u.s.y futures are under pressure once again. dow futures right now indicated down by about 228 points, more than the 140 they gained yesterday. s&p futures are indicated down by about 30 points nasdaq indicated off by about 160 points and the nasdaq was the big winner yesterday, it was up about 180 points, a gain of 1.6% but on this last trading day of october, month to date the dow is down by about 4%, s&p down by about 1.5% and the nasdaq is up

welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew ross sorkin andr a little different than what we were watching yesterday. things have stabilized a bit for now. you can see the dow futures up by 14 points the s&p futures up by 6. the nasdaq up by 36. but this comes after a very rough session yesterday. the dow at one point was down by almost 1,000 points yesterday. it's now coming off

andrew ross sorkin with joe kernen and melissa lee becky is off today we'll go straight to show you how the markets are reacting on the back of that news. s&p looking to fall 60 points. the biggest pre-market decliners on the you dow looking at boeing, intel and apple off in some cases more than 2 or 3% eamon javers has been covering this story all night and joins us now with the latest >> good morning. some very tough news for the president, the first lady and their family as the president and first lady have tested positive first, there was a report of bloomberg that hope hicks, the campaign aid to the president, travels with him a lot, tested positive she was seen traveling with the president on air force one, often photographed without a mask as with we watch some of those pictures of hope hicks traveling with the president a lot of the senior aids there shortly after 1:00 a.m. east coast time sending out a letter saying the president and first lady are both well at this time and plan to remain at home at the white house. we don't know whether or not the president is symptomatic or

i'm becky quick along with joe kernen and andrew ross sorkin. and we were looking at strong moves yesterday primarily with the nasdaq and s&p was no slouch, it was up by about 1.6% and the dow up over by 250 points and this morning you are seeing green arrows for the s&p 500 and nasdaq, nasdaq right now up by about 122 points in the future market and that is pretty impressive you are now talking about four days in a row that you have seen gains for the major averages all are within 5% of their 52 week highs and in fact the transports set a new all-time high yesterday too. right now the dow futures are indicated a little down by about 61 points. we're watching a lot of things that have been happening including news with johnson & johnson, and earnings are coming out too. and if you want to take a look at the treasury market, right now you will see that the ten year seems to be sitting just around 0.759%. so not far from where it has been >> yep, earnings are supposed to take the baton from stimulus hopes, which i don't know whether those are flee

i'm joe kernen along with becky quick and andrew ross sorkin u.s.s indicated down 460 points after dropping almost 900 on monday and tuesday. the s&p indicated down 49 or so. nasdaq down 147. still only down maybe 4 or 5% on the s&p and as it has been pointed out, there are, take your pick, no stimulus, covid concerns, election uncertainty, all these things playing into it but i guess this first fact, andrew, is probably you take europe, you take the united states and then you take the possibility of lockdowns on top of just rising cases and that's where -- and oil and everything else, that's where you get to where we are -- where we're at. >> i think that's how you get to where we are >> now why people didn't think this was going to be a possibility to me is a bigger question, but as you know, let's just walk through some of the math on covid right now. concerns are such a big part of the market story in the united states, the seven day average of new cases topping 70,000 for the first time. hospitalizations city hitting their high since mid august

i'm joe kernen along with becky quick and andrew ross sorkin now we're actually up, u.s.the dow have turned positive about 17 points as you can see the nasdaq started first in the green, kind of, up about 36 points right now that's acdc, i'm trying to figure out why we played that. >> back in the green, back in the black. >> nothing to do with tesla. anyway, the treasury yield is 8. oh, my god, 8. wow, batting down the hatches, we could be at 1% some day is this me yeah we have a big final hour of the show with three big guests, florida senator marco, becky, marco. >> polo. >> no. >> never mind. never mind >> rubio. >> marco rubio, tesla analyst, to tony, and billionaire investor, paul tudor jones next time i'm going to ask andrew you know, you can't -- go ahead. this is you. >> lots of corporate earnings out this morning let's run you through some of the numbers that we have already been talking about this morning. at&t's third quarter profit matching the street's expectations, sales actually beating expectations the company says that the pandemic impacted revenue across

. >> when i -- i forget, andrew ross sorkin was talking about the genius bar i find when i go and buyids that is not an apple, i want to ask a question there is people at best buy and they can answer questions. carl, it is more fun when you're older to go to a best buy than when you're younger and kids don't need anyone. they know so much. we know so little. i mean, i know i got a camera here on my phone. >> take your kids with you, that's all they'll help you. >> huh >> take them with you. >> it is a surprise. >> that's what i do. >> all right >> jim, ten-year now, 86 basis points, going back to june is it time to start selling home builders and start buying banks? >> i've been -- pulte homes is the one you want to watch. if pulte home cannot rally, then i think, yes, yesterday was the beginning of the regional bank rally. i thought that was premature because one day does not a trend make but i will say that that this is a group, the home builders, i think is reacting more to a supply shortage than it is to rates. because rates are still very, very low you may have the best of both w

. >>> good morning, welcome back to "squawk box" right here on cnbc i'm andrew ross sorkin along withck and joe kernen, take a quick look at u.s. equity futures after what has been a tough couple of days if not longer looks like we might have an update, 111 points higher on the dow, nasdaq up 107 points, s&p 500 up about 20 points we've got gdp numbers coming, but we have earnings crossing the tape as we speak joe. >> yeah, might not be a dow component but feels like a super dow component to me. earnings just in from nbc universal parent comcast io comcast adjusted quarterly profit at 65 cents a share. revenue competed wall street forecasts and this is a fascinating report because it's so multifaceted. and i guess the bright spot for the company continues to be this focus on broadband and how well broadband is actually doing. in fact, because of broadband, the company was able to add 633,000 customers which brings the number of new customer relationships to a net 556 so you know, all of these companies like comcast are dealing with cord cutting and everything else, but when you've got

good morning, welcome to squawk box right here on cnbc i'm andrew ross sorkin becky is off today take a look at the u.s. equity futures across the board let's show you what's going on ahead of a very eventful news weekend we lating to the health of the president and so many others the dow looking like it would open up about 174 points higher right now. the s&p 500 looking to open up higher as well 20 points higher the nasdaq up about 100 points higher meanwhile, president trump remaining at walter reed medical center entering his third day of treatment. he left to greet supporters from a distance inside his suv. white house doctors say the president could return to the white house as early as today. although others questioning conflicting comments around his health over the weekend. and all of this. moment by moment throughout the weekend. he joins us this morning what's the latest. >> good morning, andrew, we did not get a lot of clarity over the weekend. but meanwhile not providing key information here including when the president's last negative test was before thursday the white h

good morning and welcome to "squawk box" on cnbc, i'm joe kernen, along with becky quick, and andrew ross sorkinost of the session, up almost 70 on the dow, and the nasdaq is the strongest of what the averages that we're watching sharply higher now it's been adding to gains since early on, and s&p indicated up about 24 points, bond traders have the day off and i'm going to say it, it's in the prompter, i don't want to trigger anyone, but they have the day off for columbus day offered without any type of opinion whatsoever, becky. >> as aullways with you, joe. >> yes >> in the meantime, here are stories investors will be talking about today. confirmation hearings are set to begin on the nomination of judge amy coney barrett to serve on the u.s. supreme court several senators will be attending virtually today because of positive covid tests or concerns over safety. congressional democrats and presidential candidate joe biden have called on republicans to delay filling the late justice ruth bader ginsburg's seat until the next president is sworn in the financial times says european regulators could

. >>> good morning, welcome back to "squawk box" here on cnbc i'm andrew ross sorkin along with beckyoe kernen. we are in the red this morning in large part on the back of some red in europe as concerns continue about potential lock downs there. the dow looking like it would open down about 252 points right now. s&p 500 looking to open off about 34 points and the nasdaq looking to open down about 168 points we're going to keep our eyes on the futures for the next two hours, two and a half hours before this open to see where things continue to head one way or the other becky. >> thanks, andrew. this morning the business round table which is made up of over 200 of america's largest employers is going to be announcing a new corporate initiative to try and help create more equitable access to economic opportunities for black americans and other communities of color for more on this, let's bring in our guest this morning, joining us now is doug mcmillan. he is the president and ceo of walmart. he's also the chairman of the business round table overseeing this initiative, and doug, it's goo