but times square, no one there, but the lights are at least on joe kernen's rolls-royce will be pullingp there soon dropping him off. love you, joe. welcome back turning to that developing story out of new york city, a tragedy for many kids and families the government shutting schools and sending kids home. katherine creag is live outside city hall with the story that broke overnight and this is terrible news for tens of thousands of new york city families >> reporter: it really is. because we've heard from parents and most tell us that they are frustrated, they firmly believe that the school buildings are the safest place for their children and even though the covid positivity rate, the 7 day average, is at 3%, within the city school buildings, the covid positivity rate is less than 1 pr and why we're here at city hall, this is where a large rally will take place a little later this morning with hundreds of parents and their children gathering here and they will hand over a petition or at least get it to the married's office, it has 11,000 signatures on it with families saying that the

>> i'm ron burgundy. >> i'm ron burgundy along with joe kernen and -- no, i'm joe kernen, becky and andrew is here u.s. equity futures have paired their losses to some extent. but it has been a big week let's get to the state of georgia where joe biden took the lead early this morning and i guess that is one of the advantages of being here it would have happened in the middle of the night, but it happened as we were sitting here contessa brewer is joining us with more. >> joe biden now leads by 917 votes. let's show you the state map at this point, the counties that have come in red and those that are coming in blue we guilot a big boost from clay county last night. there you see how close the race remains in georgia but now with yb in the lejoe bie lead clayton county had been represented by icon john lewis and 85% of the voters there went blue we have seen that where these rural counties like the one that i'm in now went for trump with these large majorities but biden wins the urban developers and of course there are more people living and voting there biden preached patience and certain

i don't know anyway, jim keenan, getting interviewed by joe kernen, people at home are like, what, who's's good to see you. >> thanks, joe, you too. >> andrew? >>> coming up, when we return, senator ben cardin on small business and the need for stimulus he's going to join us in just a couple of minutes. as we head to a break, check out the winners and loser on the s&p 500. we'll be right back. at calvert, we know responsible investing is hard. if you're concerned about the environment and climate change, how do you find companies that are driving the right outcomes? if you care about economic equality and social justice, which firms are addressing it in their workplaces and their communities? for nearly 40 years, calvert has delivered competitive returns by investing in companies making a difference because we see value in doing good. talk to your financial advisor about investing responsibly with calvert. talk to your financial advisor about investing responsibly i made a business out of my passion. i mean, who doesn't love obsessing over network security? all our techs are pros. they k

good morning welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew rosskin. joe mentioned u.s. equity futures looking sharply higher this hour. this comes after joe mentioned the worst week we have seen since march for the dow. not just the worst week but the worst month for the dow. last week down over 1,800 points for the month it was down 4.5%, the worst month since back to march. and this is two down months in a row we have seen for all three of the major averages. just a moment ago, the dow up by 500 points above fair value. s&p 2350u67s up by 55. anything goes. we'll watch what happens really big moves ahead of all of this >>> if you want to look at what's happening with the treasury market this morning you'll see it looks like ten-year is yielding 0.865%. the yields picking up for treasuries as well crude oil prices are under pressure as we look at lockdowns taking place in europe right now you'll see that crude oil is down by 2.6%. of course, this comes after big declines last week, too. wti down to $34.86 and andrew, a lot because of what happene

good morning welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew rossoned u.s. equity futures looking sharply higher this hour. this comes after joe mentioned the worst week we have seen since march for the dow. not just the worst week but the worst month for the dow. last week down over 1,800 points for the month it was down 4.5%, the worst month since back to march. and this is two down months in a row we have seen for all three of the major averages. just a moment ago, the dow up by 500 points above fair value. s&p 2350u67s up by 55. anything

thank those who served us in the past and continue to serve us today i'm becky quick along with joe kernenng with andrew ross sorkin things are in the green once again. looks like the dow is indicated up by about 181 points and if we were to open at these levels and hold it through the session, you would be looking at the dow closing at a record high it has been up six out of the last seven sessions. up another 626 points yesterday. dow futures are up, s&p futures up by about 26 and then the nasdaq, which has been the weaker part over the last several sessions, down more 1%, actually indicated higher today as well. up by about 130. the bond market today the is closed in ob sservance of veters day. we'll talk with david petraeus later this morning andrew >> thanks. and an important day in the united states of course. but there is also a holiday going on in china, very different kind of holiday, made up of a shopping -- a made up shopping holiday i should say called singles day and much like amazon prime day, singles day started november 1 and culminates today on 11-11. and we want to get ov

welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew ross sorkin.come back >> nice to see you you know what, in this someone, it doesn't feel that i was -- at least for me, that far away because i'm sitting in the same seat all over again. >> exactly here we go again in fact let's check out what is happening with the markets you will see that morning there is a bit of a pullback for the futures and this comes after two down days for the markets. right now s&p down by about 11, dow by 96, nasdaq off by about 47 we were so close to you dow 30,000 earlier in the week, but that seems to be slipping away a little bit 29,400 and change is where the dow is right now and again, down two days in a row, down again this morning and after yesterday's declines, all three of the major averages are in negative territory for the week a lot of things happening with covid and we'll talk more about that in a moment, but some of those concerns creeping back into what you see in the markets. if you are looking at the treasury market, the yield on the ten year right now

i'm becky quick along with joe kernen and andrew ross sorkin. we'll start with the movement we've been watching in the stock futures over the last 12 hours it has been a pretty wild ride we were down as much as 470 points at the lows and then up as much as 300 points at the highs. things have since settled out. if you are checking out where the dow is, be implied open of down about 50 points right now and s&p up by about 18 and nasdaq up almost 300 points. and there are all types of theories some people were saying this is the new flight to quality. and we'll look at treasuries in a moment but tom lee may have been the best reasoning for what i heard. he did have underperformance on those technology stocks the last several weeks and there was a concern that if there was a blue wave, there would be higher capital gains so it would make sense to sell some of your big winner, tech stocks in player if you wanted to get ahead of that. if it looks like there won't be a blue wave, so maybe it is worth jumping back into those names. treasury dwreeyields

i'm andrew ross sorkin along with joe kernen, who is back from a much-deserved vacation and melissa leehappy thanksgiving, everybody. becky is off today as joe mentioned, let's show you u.s. equity futures at this hour and where things stand right now. looks like we're going to open down right now the dow off about 153 points nasdaq looking to open up marginally higher, seven points higher and the s&p 500 off about 12 point should mention today is the last day of trading for november. here is how the major averages stand as of right now. the s&p up 11% the dow up nearly 13% on pace for its best month since january of 1987. the nasdaq up about 12%. check out the small caps because the russell 2,000 is up almost 21% in november alone. that's the stock world but, melissa, our other favorite topic, bitcoin that's been moving a lot, too. >> maybe joe's favorite topic, at least bitcoin after recently hitting 16,000 we're seeing it recoop some of those losses in recent days it's up by almost 2% today, above 18,000, 18,540 guggenheim is reserving right for 5.3 billion macro opportunities fund t

i'm becky quick along with joe kernen and andrew ross sorkin. and the u.s.res are higher for the dow for now we saw the dow up by about 200 points earlier this morning, right now up by just 74 points and there is big pressure coming on the nasdaq, it is down by 260 points jo

i'm becky quick along with joe kernen and andrew ross sorkin and we're watching the markets and thingsooking pretty active after big gains yesterday, dow picking up once again. yesterday a gain of about 420 points this morning you can add another 380. so 800 points after the 1800 points that we lost last week. right now dow futures up about 379 points s&p by 38. nasdaq up by 72. >> meantime cnbc reporters, we are spanning the country really to bring you live of coverage from washington in key swing states this hour we'll be hearing from phil lebeau in wisconsin the scott cohn in north carolina later in the program, we'll take you to pennsylvania, florida and position michigan. we've got a huge lineup of guests to get you ready for today's election results we have congressman kevin brady, president trump's former chief of staff, election coverage will be continuing all day and we should say through the night as you would imagine. and then we'll see you back here at 5:00 a.m. tomorrow morning for an update on

i'm andrew ross sorkin along with joe kernen, who is back from a much-deserved vacation and melissa leeoff today as joe mentioned, let's show you u.s. equity futures at this hour and where things stand right now. looks like we're going to open down right now the dow off about 153 points nasdaq looking to open up marginally higher, seven points higher and the s&p 500 off about 12 point should mention today is the last day of trading for november. here is how th

welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and mike santoli. off today. been watch offing the u.s. equity futures and after a down day yesterday, where both the dow and s&p were down by about half a percent and the nasdaq down by about 0.2%, you will see green arrows this morning. dow indicated up by about

welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew ross sorkin beenfutures and things are up sharply once again this is continuation for what we saw for at least four sessions last week. you see right now the dow futures indicated up by over 400 points s&p futures up by 51 the nasdaq up by 220 and last week was

welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew ross sorkin beenatching the u.s. equity futures and things are up sharply once again this is continuation for what we saw for at least four sessions last week. you see right now the dow futures indicated up by over 400 points s&p futures up by 51 the nasdaq up by 220 and last week was incredibly strong week for the markets in fact it was the strongest week since back to april. however, you have to put that in context. two weeks ago was a lousy week in fact, two weeks ago the dow lost just over 1800 points, down by 1833 points last week the dow was up by 1821 points so that was a give-back for the dow kind of starting things over if you look at the other major averages, they got back much more ground than they had lost the previous week. last week the s&p was up 329 points after being down 195 the week before and the nasdaq was up by 983 points last week after losing 636 points the week before but again these gains this morning are significant ones they are adding to what we saw last week. also, take a

saw a number of other higher-level pentagon civilians resign, some expected like retired admiral joe kernen by trump loyalists. that's what has people concerned here. what senior defense officials who i've spoken with are looking for is is there some common thread between these people who they've brought in, the white house has pushed into the pentagon? is there an agenda item they may be pushing? there's been a concern that president trump was going to try to pull troops out of afghanistan before the end of the year. the reality is he tweeted it only a few weeks ago. he said he was going to bring all troops home before christmas. carol lee and i put out a story about that with some comments from administration officials saying that, yeah, he means that. that is senate majority leader he would like to do. one of the individuals who the white house installed this past week was retired army cornell doug mcgregor, a frequent fox news analyst and favorite. he's been very outspoken about several things. one of those is the idea of pulling troops out of afghanistan and syria and actually several

joe kernen, someone else expected to resign or retire around the transition time so that's not a big surprise, but -- he called the russia investigation a hoax. he's been very outspoken in his defense of president trump and is clearly very loyal to him and his policies the one you really need to watch though is kash patel and the reason is he's again, another trump loyalist, but he's in as the new chief of staff to chris miller that means he is the person who sets the agenda for the new acting secretary of defense. he sometimes will control access to the secretary he will be the one who puts issues and policies and ideas in front of the secretary and even sometimes controls who actually gets to see or speak to the secretary of defense he's got the proximity, he's got the access and he's someone if he's going into the pentagon with any kind of an agenda he could actually push some of that through in the next couple of months, shep. >> interesting are there real danger, courtney of such a late change of leadership >> there's certainly a lot of concern and it's sort of in two buckets. o

i'm andrew ross sorkin along with becky quick and joe kernen. take a look at u.s.s hour they appear to be slipping the dow looks to open down about 146 points, the nasdaq looking to rise 45 points as the work from home, stay-at-home is flipping around once again the s&p 500 looking to open down about 6 points joe. >>> stock market sentiment has been dampened as covid cases continue to rise and virus related restrictions are being reimposed. mike santoli joins us with a market playbook. back into the docusign, mike >> well, at least for a couple of days. yesterday was the big nasdaq stocks did all the work in trying to support the s&p 500. what is interesting, though is just how the overall index has managed to make it work either way. it seemed like the cyclical stocks needed cooling off. at least for a day, the nasdaq stuff did it this is the way the year-to-date chart is shaping up. you see this here, the september 2nd high, 8 points below the closing high it's pretty much right there at this point this looks like, as i keep saying, a pretty favorable set up if y

i'm joe kernen along with becky quick and andrew ross sorkin u.s.y futures welcoming the new 5:00 a.m. start time and it has been ticking higher since we opened this morning now we got a four handle, up about 416 points on the dow. i don't want the market thinking that this is permanent the two handle on the alarm clock is just two frightening for everyone involved. i might as well stay up. nasdaq up 333, s&p also up a little bit the ten year has mod rated its yield, it was above 0.8. >> good patriot doing your part for the country and markets. let's get to the latest on what has been happening to the electoral college map. eamon javers has more on that front. >> good morning again. the count continued late in the day yesterday in states across the country. take a look overall at the battleground map you see joe biden at 253 and trump 214. so biden needs 17 votes to get to 270 you see the gray states there, where the vote still has not come in. let's start in arizona and tell you how the play of the land looks there. arizona, they are continuing to

welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and mike santoli. andrew is off today. been watch offing the u.s. equity futures and after a down day yesterday, where both the dow and s&p were down by about half a percent and the nasdaq down by about 0.2%, you will see green arrows this morning. dow indicated up by about 92, s&p by 11, nasdaq up by about 42 there were a few areas of the market yesterday that continued to outperform including the small caps russell 2000 coming off an all-time intra day high. and then there is the khodow trs trading at a record high and right now it looks like the ten year is yielding just about 0.8% the transports a lot of times, they are an early indicator of what is to come, but maybe more difficult to glean what is happening this time given the overall virus situation. >> yeah, it is and it is really not things like airlines so much driving the transports actually fedex and u.p.s. are arguably kind of stay-at-home plays and they are also big components of the transports so really just kind of gone sideways in the

i'm joe kernen, along with becky quick and andrew ross sorkin u.s.res at this hour indicated up 373 points on the dow after a strong session yesterday. it got back 40, 45% of last week's 6% drop treasury yields continue to inch higher not at 1% yet but getting close to .9% anyway, and it's election day. i think. joe biden haves president donald trump. about 100 million voters have cast their ballots early, doubling 2016's total: and here you can see in-person voting in houston, live. and i am told in arkansas. oh, that's philly, thanks. thanks for -- jimmy kimmel center he's a young guy, he's had a big influence on the arts, i think i didn't realize it was that big. is that next to the colbert center i probably should call it the fallon center. >> i am unfamiliar with the kimmel center. i'm looking it up as we speak to try to understand the history of the center i'm sure some of our viewers may know the center. i'm unfamiliar we are on the ground around the country to try to bring live reports from important battleground states. we're going to tell y

i'm becky quick along with joe kernen and andrew ross sorkin. and the u.s.quity futures are higher for the dow for now we saw the dow up by about 200 points earlier this morning, right now up by just 74 points and there is big pressure coming on the nasdaq, it is down by 260 points joe mentioned the dow up 830 points yesterday, but the nasdaq was down yesterday it closed down by about 1.5% and thin this morning you see additional pressure down by about 255. s&p was up you yesterday by about 1.1% this morning indicated down by about 21 and then if you want to take a look at the treasury market, you will see that the ten year is sitting at this point right around 0.942%. so yields have picked up pretty significantly, you are getting up towards dare i say 1% in the ten year and that is somewhere we haven't seen in a very, very long time. yesterday big gains but it was a little disappointing great news about the pfizer vaccine. we saw futures take off, the stock market take off. and then give back some toward the end of the session >> so interesting to me, the v

. >>> good morning, and welcome back to "squawk box" here on cnbc i'm joe kernen along with becky quickquity futures down home depot accounting for a lot of that after reporting results that were so good that i think people are thinking they can't stay this good it's almost turned into a stay-at-home stock anyway, we've got the other biggie out now, becky. >> that's right. walmart earnings crossing the wires. bertha coombs has those numbers. >> reporter: good morning, becky, yes, walmart earnings came to $1.34 per share. that's compared to an estimate of $1.18 revenues topping expectations at 134.7 billion compared to 132.2 billion estimate same store sales excludeing fuel were up 6.4% that was well above the analyst estimate of 4% comps and 570 basis points or 5.7% of that was percentage points of that was made up of ecommerce ecommerce once again up nearly 80% year over year after nearly doubling in the second quarter amazon ceo jeff brigs says the company has seen the equivalent of three to five years of ecommerce growth this year, and he sees that momentum continuing, that whole omn

box" right here on cnbc i'm andrew ross sorkin along with becky quick brian sullivan is in for joe kernen ahead of thanksgiving. take a look at u.s. equity futures a day after we crossed the 30,000 mark. dow looks like it would open down off 45 points nasdaq looking higher, 32 points and the s&p 500, off marginally in the red right now brian? >>> breaking right now are the weekly numbers on mortgage applications let's find out if the housing market remains red hot diana olick joins us how do the numbers look? >> reporter: it does brian, look, mortgage rates have set new record lows more than a dozen times this year and they did it again last week that caused mortgage demands to refinance applications to the highest since pay level. volume was 79% higher annually, and that's because the average rate on the 30 year fixed fell to a survey low of 2.92% from 2.99 from a 20% downpayment. while more than 4 million borrowers have already refinanced their home loans, more than 19 million more could save substantially still through a refinance. that's according to a recent calculation by black knig

i'm becky quick along with joe kernen and andrew ross