ben kauffman tells us about air-conditioners are demand. begins right now. ♪ >> good morning, everybody. welcome back to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. another record day of closes. the the dow futures are indicated down 27 points. s&p off 4.5. nasdaq down by 11. the yield has picked up from some of the lower levels we had seen last week. in our headlines this morning, we'll be watching shares of hillshire brands. pilgrim's pride increased its over to $55 a share from $45. hillshire is planning to go ahead with his own acquisition of pinnacle foods. it says its agreement with pinnacle doesn't allow it to terminate on the paves of the bids for hillshire. also take a look. u.s. automakers will release may sales numbers. expected to be up 7.3% compared to a year ago. g.m. is seeing posting an increase of 6.7%. ford is expected to report 0.9. and chrysler is expected to see sales up 14.4%. seattle city council has improved an increase in minimum page to $15 an hour. however, a local busi