i'm joumanna bercetche >> i'm julianna tatelbaum. here are your headlines. >>> investors brace for more job tightening u.s. futures point to more weakness on wall street. >>> a selloff in tech stocks brings the nikkei into the red >>> german utility giant uniper falls to the bottom of the stoxx 600 after the bailout application and fears rise france's finance minister tells cnbc the block must take precautions. >> you have to take all options into account that getting gas from russia is one of the key options. >>> and elon musk mocks twitter on twitter taking to the platform to blame inaccurate user data for his attempt to terminate the $44 billion deal sending shares sharply lower in frankfurt. >>> good morning happy monday welcome to "street signs." let's get to the data on friday. all of the action dominated from the non-farm payrolls which came in higher. 372,000 which in a way was a bit of bad news for markets. they priced in a more aggressive fed tightening cycle we'll talk more about that on the show as far as the week is conc

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i'm joumanna bercetche >> i'm julianna tatelbaum. these are your headlines >> european markets look past recession fears and start the week on firm footing investors are cautious ahead of the ecb meeting when the central bank is winding a decade of ultra loose policy. >>> and haleon debuts in london. the ceo tells cnbc the company is poised to prosper >> with inflation and other things happening in the world and we are uniquely positioned in categories that really matter with great brands to do well in any environment. >>> president biden faces criticism over interactions over crown prince mohammed bin salman he hails increased cooperation, but leaves the kingdom with no progress on oil prices >> we will not walk away and leave a vacuum to be filled by china, russia or iran. we will seek to build on this moment with active principal american leadership. >>> and boeing forecasts stable aircraft demand as they look to secure orders and sustain rivalry airbus at the air show >>> good morning welcome to "street signs." we're kicking off

brian, we are clearly keeping a close eye on everything stateside. >> julianna tatelbaum, i appreciate that. thank you very much. >>> let's get a check on the top stories like julianna said including the latest in the strange saga of elon musk now trying to kill his deal to buy twitter. silvana henao has that >> brian, good morning elon musk is looking to terminate the deal to buy twitter. according to the letter sent by his legal team to the company on friday among a host of issues, the letter alleges twitter breached the agreement claiming the document holds inaccurate representations specifically with bots on the platform. musk agreed to pay $1 billion if he backs out twitter is hoping to keep the deal alive with the chairman bret taylor threatening legal action shares of twitter are down 7% in pre-market. >>> beijing slapping tech companies with fines over the weekend. including alibaba and tencent for failing to comply with antian anti-monopoly rules. >>> and casino stocks getting slammed. macau is closing all of the businesses for one week starting today. this as authorities look

more about this with samantha dart soon let's get some headlines on the market's trading is julianna tatelbaumulianna, this natural gas and electric prices, they're stratospheric. what kind of attention is this getting in the british media right now? i just don't know how people are going to afford to heat their homes this winter. >> you know, brian, it is absolutely a top story and a major concern not only here in the uk but in continental europe what's interesting, though, is markets have been pretty resilient, which perhaps suggests a lot of the bad news is priced in or perhaps investors are waiting for more clarity on how the government or uk government will react if the gas situation worsens from here. as for trade this morning, we aren't moving high e so a lot more focus on earnings right now. for the most part, earnings have been relatively upbeat, relative to expectation, so every market is trading higher. we're seeing 0.4% of a gain. a bit of outperformance in italy, ftse up about half a percent. this comes after the italian market pulled back yesterday in an outsized way, losing abou

i'm julianna tatelbaum >> i'm joumanna bercetche. these are your headlines uniper shares rebound from monday's near 30% plunge after reports the german government is preparing to bail out the struggling utility firm. >>> oil and gas workers in norway officially start the strike with energy output set to decline. the push for higher wages is necessary. >> these members cannot achieve a better income through local negotiations later on. the union opted to go on strike before it knows the final settlement that is strange. >>> scandinavian airline files for chapter 11 bankruptcy in the united states as a pilot strike is the final straw for the loss on the carrier. >>> rebound on u.s. services data janet yellen holds talks with beijing there at u.s. will cut tariffs in a bid to ease inflation. >>> good morning warm welcome to "street signs. the biggest news of the day is joumanna is back. >> it feels like i have not missed much with news. what happened in the nine months i've been off? >> a quiet nine months >> it is great to be back. i'm

dom, back to you >> julianna tatelbaum in london. thank you very much. >>> let's get to the top corporate stories with contessa brewer good morning >> reporter: good morning, dom amazon taking legal action against the administration of more than 10,000 facebook br groups the groups are paying members to generate fake reviews on amazon in the u.s. and uk and germany and france, italy and spain. one called amazon product review which was removed earlier this year by facebook parent company meta had 43,000 members. it calls into question the reviews we rely on >>> apple facing a class action lawsuit claiming it is denying access to the technology the lawsuit filed on behalf of financial institutions and credit unions in san francisco federal court seeks unspecified damages and wants apple to stop the anti-competitive conduct. >>> embattled crypto platform celsius is defending the decision to halt customer withdrawals last month lawyers for the company tell a bankruptcy court saying the company was safeguarding customer interests how? la

set to raise rightates for the t time in 50 years dom, back to you >>> julianna tatelbaum, thank you. back to the developing story now with natural gas resuming through the nord stream 1 pipeline after being offline for a week for scheduled maintenance. the operator confirming the news brian sullivan has more from frankfurt, germany i've heard the reports, brian, that around 40% capacity is going through the pipeline right now which was roughly what it was before minaintenance happen. >> it is not the worst-case sce scenario it is good, dom. maybe less bad we are here in the frankfurt tourist spot a lot behind me. the church bells were chiming over here. 11:00 a.m. here. the bells did not toll for germany today because that pipeline let's go through the headlines here sorry. a lot going on in the background headlines is the nord stream 1 is flowing 40% capacity really what this does, dom, it takes us back to where we were prior to the shutdown on july 10th we are back to where we were fair to say this germany and much of europe avoiding the worst-case scenario outcome. that's where we

and for that, let's bring in cnbc's julianna tatelbaum who joins us live from london. good morning.res tumbled this morning after all major averages reached their highest point since early june yesterday. what do you think? could reports, profit reports lead to a good day on wall street again? >> well as of now, u.s. futures are in for a downbeat start to trade, perhaps a little bit of profit taking after yesterday's strong session. and the tech heavy nasdaq gain about 1.6%. on part on the back of the netflix results which came out after the bell in the previous sessions. and the s&p 500 also gained yesterday 0.6%. and global investors seem to be breathing a sigh of relief that the fact that russian gas flows into europe have resumed in part, and there was concern that we could, from today, see the taps not turned back on at all, creating a very precarious energy situation in europe. so a little bit of positive news on the energy front. but overall as you said investors are taking it easy today and stocks are indicated lower. >> a lot of big headlines out of europe today, certainly

cnbc's julianna tatelbaum, live from london.uch jnkts still ahead on "way too early," vladimir putin is making headlines for a rare trip outside of russia. we'll break down what his summit in iran could mean for the future of the war in ukraine. we'll be right back. future of the war in ukraine future of the war in ukraine we'l alice and long lasting gain scent beads. try spring daydream, part of our irresistible scent collection. discomfort back there? l be instead of using aloe, try spring daydream, or baby wipes, or powders, try the cooling, soothing relief or preparation h. because your derriere deserves expert care. preparation h. get comfortable with it. age is just a number. and mine's unlisted. try boost® high protein with 20 grams of protein for muscle health. versus 16 grams in ensure high protein. boost® high protein also has key nutrients for immune support. boost® high protein. >>> the white house says it has new information that russia is millsaping to annex additional ukrainian territory, including forcing residen

and with that, let's bring in cnbc's julianna tatelbaum who joins us live from london.ck futures in the green this morning, after of course the major averages finished another losing week. what are the early signs today? well, good morning. and hopefully you had a safe trip back stateside. as for u.s. futures, they have been dancing around this morning. it has been a choppy start to today. the first day that u.s. traders and investors are back in action after the long weekend. and it's a big week for data. so it would make sense that u.s. investors are in a little bit of a holding pattern. the things to watch, you've got the survey coming out on wednesday, the private payrolls report on thursday, alongside weekly jobless claims, and then on friday, the big event of the week, nonfarm payrolls report for june, that is going to be a big one to watch and all of this of course central to what the federal reserve does from here. so as you said, coming into the session, all three of the majors were down for the week, last week we saw them end in positive territory on friday bu

we'll wait and see. >> thanks, julianna tatelbaum, live from london, thank you very much. >>> still aheadision on abortion rights has created confusion from state to state for women and providers. we're going to break down the latest legal battles, "way too early" is coming right back at you. battles, "way too early" is coming right back at you. (man) [whispering] what's going on? (burke) it's a farmers policy perk. get farmers and you could save money by doing nothing. just be claim-free on your home insurance for three years. (man) that's really something. (burke) get a whole lot of something with farmers policy perks. (dad) bravo! (mom) that's our son! (burke) we should. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ >>> as people of child-bearing age and health care providers alike attempt to figure out their legal responsibilities in a post roe world the battle rages on in several state courts over restrictive abortion trigger laws. nbc news correspondent anne thompson has more. >> moves on the state level to restrict abortions hitting legal obstacles, florida's abortions after 15 w

. >>> and time for business, let's bring in cnbc's julianna tatelbaum who joins us live from london.lied yesterday after all eyes were on jerome powell and the federal reserve indeed signalled it would move aggressively to tame inflation. lay out for us, how will that move impact consumers? >> well, john, i think what was interesting about the fed decision is yes that jerome powell and the committee maintained their committee to tackling inflation which of course is a huge concern for consumers but they think they might be more supportive, less aggressive than previously expected. and we saw a manic rally in equity marks. we saw bond yields move lower and particularly strong buying in the tech sector. and we saw the nasdaq close about 4% higher, typically this index of stocks does move with interest rates expectations, so as investors make the assumption that interest rates will not potentially move as high as quickly as previously anticipated, we are seeing a strong demand for those tech stocks, but will the rally prove short-lived is the question we're all can asking, today, u.s. f

cnbc's julianna tatelbaum live from london thank you as always. >>> still ahead fist bump backlash.s to criticism of the greeting of the saudi crown prince and we will play that for you and more on the controversial trip to the middle east. "way too early" will be right back. on the controversial trip to the middle east. "way too early" will be right back derriere discomfort. we try to soothe it with this. cool it with this. and relieve it with this. but new preparation h soothing relief spray is the 21st century way to do all th even touch free. preparation h. get comfortable with it. (man) [whispering] what's going on? (burke) it's a farmers policy perk. get farmers and you could save money by doing nothing. just be claim-free on your home insurance for three years. (man) that's really something. (burke) get a whole lot of something with farmers policy perks. (dad) bravo! (mom) that's our son! (burke) we should. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ (vo) right now america deserves the network more people rely on. introducing welcome unlimited from verizon. at our best pr

. >>> time now for business and for that, let's bring in cnbc's julianna tatelbaum live from london, moment for us, to get the most up to date news, futures are flat overnight after stocks closed in negative territory yesterday. what are the early indications? what can we expect today? >> well, good morning. it is set to be improving this morning. what i was underlining there were fresh lines with jamie dimon, which we can touch on later, the ceo of j.p. morgan, the sentiment yesterday was driven lower by a combination of weaker than expected u.s. bank earnings, a rise in political risk in italy, and now overnight, we've got some information out of china that is much weaker than expected, due to gdp growth disappointing relative to expectations, but as you said, futures this morning are up. we are looking ahead to some key data. u.s. retail sales, industrial production, with capacity utilization and fresh consumer sentiment in july, citigroup reporting results today and we're going to get goldman sachs and bank of america numbers. >> you mentioned jp, and dimon, and kicked off with d

cnbc's julianna tatelbaum, we appreciate it anyway. live from london.icron is now the dominant strain across the globe including here in the united states. we'll talk about b a.5 and what makes it difficult from other versions of the virus. that's next on "way too early." . . that's nexotball games to work and trying to balance it all. so, wht on "way too early? i see a person that's caring. sometimes i care too much, and that's when i had to learn to put myself first, because i would care about everyone all the time but i'm just as important as they are. botox® cosme is fda approved to temporarily make frown line, crow's feet and forehead lines look better. the effects of botox® cosmetic may spread hours to weeks after injection, causing serious symptoms. alert your doctor right away as difficulty swallowing, speaking, breathing, eye problems, or muscle weakness may be a sign of a life-threatening condition. do not receive botox® cosmetic if you have a skin infection. side effects may include allergic reactions, injection site pain, headache, eyebrow,

action and headlines and find out if they fared any better in the first half of the year with julianna tatelbaum in london julianna, good morning >> brian, good morning first on the trade this morning, we started out the quarter and half in negative territory as you see here, things have turned positive. momentum building throughout the course of the morning. we got some decent gains on the dak and cac 40 modest, but in positive territory. spanish and italian in positive. ftse 100 crossed into positive territory in the last half hour. swiss market is down 0.5%. you asked how we did over the course of the first half stoxx 600 traveled 16% lower in the first six months of the year that masked divergence here in the uk, ftse 100 was particularly resilient we ended 3% lower for the first half that is in comparison to the dak dropping 20% uk market index energy to financials we know what happened to energy in the first half of the year. back to the day's trade. this is the picture. a split board. retail bouncing back retail has suffered in recent trade. we had a couple of big profit warnings the last

many coins and tokens are early on the session let's get to julianna tatelbaum with the latest in london. good morning, julianna >>> dom, great to see you. european equities are extending losses to the session today. it is red across the board we are seeing resilience in the german market. we see under performance recently the cac 40 in france down 1% ftse 100 down .80% the european commission cut growth forecast for this year and next still looking optimistic 1.4% growth next year. 2.6% growth this year. it is really italy that is focus on the trade the market down more than 2% italian banks are selling off and bond yields are rising all of this as the political situation becomes more tenuous we are seeing the ruling coalition risk collapse. we are seeing a big market reaction from the sector perspective, you got the bottom of the board with real estate down 2%. we are seeing resilience in media. come, a check at yields in europe, dom. specifically italian bond yields trading up nearly 3.5% a lot of focus in italy and all of this in the context of the european central banks the risk of

our julianna tatelbaum is in our newsroom with much more on the trade in europe. >> frank, it's great to see you. here in europe the equity markets are on the rise, on the monday after yesterday's steep selloff. we've got greens across the board. we're seeing a little bit of the shine come off this rally. yesterday the stoxx 600 dropped 2% we didn't get that big boost from rate expectations changing for growth stocks. instead we saw stocks trade lower. the energy crisis firmly in focus here in europe and also recession fears. the eurozone pmis yesterday painted a grim picture for the continent. we're seeing green across the board from a market perspective. we go to the top of the board. media up 2.5%. also strong demand for the retail sector, up 2.4% technology catching up 2.1. travel and leisure up. on the downside we've got banks underperforming. overall it is a positive session coming together. here in the uk, investors keeping a close eye on the political situation and i know you've got steve to give you the latest there. >> thanks very much on the early trade over in europe. >>>

green arrows around the world as well let's check in with our julianna tatelbaum who's live in london with the latest there. good morning, julianna. >> dom, good morning that positive sentiment you saw on wall street yesterday, that mammoth rally, seems to be having an impact on trade around the world. in asia overnight, it was green across the board in particular, the japanese market, nikkei hitting 2.2% higher hong kong, 1.1%. a little more modest in china where covid continues to be part of the market narrative. ending 8% lower. similar story in europe where we do have a lot of green arrows on the board. for the most part we're seeing stocks move higher the spanish market, the only exception, down just slightly. we're seeing investors hold on it was a strong session here in europe not as strong as you saw stateside. the german market gained 2.7% on the hopes we could see gas flows resume from russia into europe i want to also take you to fixed income markets where italian bonds are in focus this morning. all eyes on mario draghi this morning he addressed the senate in italy, and he

. >>> let's go worldwide jp ong is in singapore with the action in asia julianna tatelbaum is in the london newsroom with the look at the early trade in europe. jp, let's start with you >> good morning, seema an interesting tuesday and encouraging for the asia pacific region it is not without the level of frustration. we got the encouraging reports that you talked about a while ago with regards to the talks by janet yellen and liu in china and possibility of tariffs lifting in china we got china reporting that june pmi is strong. and announcement of $75 billion infrastructure to bolster the sagging chinese economy. despite this news, mainland chinese stocks close in the red. shanghai and shenzhen stepping back hang seng and hong kong with the down turn and escaping with meager gains the nikkei 225, seema, extending recent wins. we see a win for the taiwan wei weighted we have a key inflation report from south korea pulling the trigger on a 50 basis point rate hike. the third consecutive rate hike by the officials in sydney the second time consecutively. the governor saying they might

. >>> let's get around the world with julianna tatelbaum in the london newsroom with a like at the earlyde and key headlines happening out of europe julianna, good morning >> brian, good morning we are off to a decent start after the stoxx 600 sold yesterday. we had a risk off session. recession mounting further and italy in the shpotlight the ftse mib bouncing back 1.6% today after falling 3.5% yesterday. there's a look at european bond yields 10-year treasury trading at 3.31%. we saw a move higher yesterday and widening with the italian and german bonds today with stabilization with yields coming down the situation being the president in italy rejected draghi's attempt to resign now the move forward is uncertain. it comes as a time when the situation in europe economically speaking, was precarious the european central bank getting ready to raise rates next week. that is complicating the situation further and adding jitters to the european story. markets are trading higher right now, brian. >> good-looking green on the screen we like it julianna, thank you. have a good day and great wee

been everywhere ♪ ♪♪ >>> time now for business and for that let's bring in our friend cnbc's julianna tatelbaum indexes closed higher after yesterday afternoon's rally. what are you watching as markets look to recover after a very rough first half to 2022? >> a very rough first half, john? a very rough day yesterday. it was a tumultuous 24 hours for markets. recession fears dominating the market in an area of once again the on going global energy crisis and political instability in the uk. what am i watching specifically? well, one thing is the treasury curve. yesterday we saw bond markets flash recession signal, meaning that the two-year treasury yield rose above the ten-year treasury yield. this suggests investors are concerned that interest rates could be lower in the future. signaling a recession may be imminent. as a result of the fallen bond yields overall, we saw tech stocks perform really well yesterday. you mentioned we saw two of the main indexes end the day sharply higher. nasdaq closer 1.7% higher. we also saw tremendous volatility in oil. the price of oil plunged 10% yesterday as r

. >>> time now for business and for that let's bring in cnbc's julianna tatelbaum live from london.r walmart cut its earnings forecast, sending other retail shares lower as well. how does wall street reacting so far to these declining numbers? >> well, john, good morning. congratulations on the book launch first and foremost. on to markets, these numbers out of walmart really did rattle investors. walmart came out with its second profit warning in just ten weeks earlier this week, signaling a further deterioration in the u.s. retail environment. and as a result of walmart's warning paired with some weak data that we've had recently, the market narrative has shifted to focus much more on fears of a recession than concerns around inflation getting out of control. and all this is really interesting as we are now just hours away from the federal reserve's interest rate decision. the market is expecting the fed to raise interest rates by 0.75%, but clearly there is an incredibly difficult balancing act between raising rates to control inflation and the impact that higher rates will have