a new $15 minimum wage cvs health ceo karen lynch joins us for her first ever broadcast interview. she just got the ceo job in february and uber, roku, etsy, ea, we'll speak with roku's ceo ahead of his analyst call right after those numbers break. >> such a big lineup looking forward to all of it let's focus on the big stories we're watching today bob pisani is tracking the market action. kate rooney has a closer look at robinhood's move higher and phil lebeau covering the plunge gm shares bob, let's start with you. >> wilf, two problems the market is dealing with. one is the peak everything story. this sis as good as it's going t get. the adp weakness plays into that the delta variant possibly changing behavior. you see the sectors here we see the retreat of the cyclical reopening trade remember, industrials, materials, banks, a lot stronger earlier. energy oil below 70 see that all weak here tech that growth sector outperforming on a relative basis. if you look at what's been going on in the third quarter, the defensive sectors have been the ones the leadership group. this sugge

mary barra john zimmer, brian cornell karen lynch. the parade goes on and on. big day.vitt, invesco north america and katarina siminetti let's start with you, katarina as we talk about markets at record highs, do you still feel comfortable on behalf of your clients being long or committing more capital to this market? >> dom, thank you for having me on this market certainly keeps investors on their toes. they can't ignore the fact that we had such a big run up to get a short time time frame. now in additionally with higher corporate taxes and investors are worried and the question is what would you do? would we advocate for our clients this rotation to quality? currently we favor health care over cap we favor consumer staples over discretionary. financials is a good place to be do you risk the portfolio? what we're expecting is some sort of correction in the context of the bull market this market is going to continue to grow. it's very well stimulated. >> they're not exactly the ones that are the leadership that we've seen over the course of the last several months here

you could hear a lot more about this when the ceo karen lynch is joining "closing bell. p.m. eastern time in a cnbc exclusive interview. >>> when we return, china imposing travel restrictions we have a live report from beijing next. >>> and we'll talk to the ceo of dow component honeywell and how the drabelta variant is making impact all the things, all around you... where you learn, work, and fly... we help make them healthier. we are the people of abm. for more than 100 years, we've been a leader in making spaces cleaner, from the things you touch to the air you breathe. today, more than 100,000 of us are innovating to ensure spaces are more efficient, healthier and safer. abm. making spaces healthier for you. >>> welcome back to "squawk box. as covid cases rise china is putting restrictions on subway traffic. eunice yoon joins us live. we were looking through the numbers. big jump there but not relative to what we've seen here. >> yeah, that's right. there were 96 new cases in china today. the overall number they say of infected people is 400 so the numbers are quite