your mover, rob, he's on the scene and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, like asap! so basically i can pick the right plan for each employee. yeah i should've just led with that. with at&t business. you can pick the best plan for each employee and get the best deals on every smart phone. >>> good morning, everybody. welcome back to "squawk box" here on cnbc it's a monday morning and so far futures are looking up when you're looking at the equity markets. dow futures up by 137 points s&p up by 13 nasdaq up by 37. it was down week last week but you did have higher trading on all three of the major averages on friday. on this week's squawk planner. the retailers reporting, home depot and walmart tomorrow then target and lowes on wednesday. and alibaba and macy's on thursday we'll get retail sales and import prices tomorrow housing wednesday and jobless claims on thursday >>> president biden is preparing for his first virtual meeting with china's president xi jingping i don't know if it's like in

talk about last night's elections in the current battle over the spinneding bill, republican senator rob portman, a, i wonder what you think it means, what happened in virginia in general maybe for 2022 a although like so far away. we know how fickle the pendulum swings fast, doesn't it what does it mean in general and what does it mean for the prospects of the infrastructure bill on the reconciliation bill this week? >> joe, i think it was a victory for common sense, you look at the polling, it shows republicans are winning on a lot of issues, including the economy. the highest number there in three decades. that was reflective of what happened in new jersey and virginia last night. people are looking for stuff other than the big tax and proposals democrats have been making here. it's a great race in virginia. glenn youngkin run a trick campaign there were education issues and others but the national wave also helped his polling numbers got better when president biden's numbers went down, particularly on economy and inflation in the economy ban the to shift so i think it's a good sign f

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your mover, rob, he's on the scene and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, like asap! so basically i can pick the right plan for each employee. yeah i should've just led with that. with at&t business. you can pick the best plan for each employee and get the best deals on every smart phone. ♪♪ care. it has the power to change the way we see things. ♪♪ it inspires us to go further. ♪♪ it has our back. and goes out of its way to help. ♪♪ when you start with care, you get a different kind of bank. truist. born to care. >>> good morning, and welcome back to "squawk box. live from the nasdaq market site in times square. checking the futures again, where they were. the dow is up 260 points or so, nasdaq up 190. s&p up 44 points or so meanwhile, we are -- got our ear and our fingers up in the air for these wall street firms putting out notes on the potential market impact of the omicron variant. dom chu joins us with more i know you've been monitoring that, and i know, dom we're not goin

your mover, rob, he's on the scene and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, like asap! so basically i can pick the right plan for each employee. yeah i should've just led with that. with at&t business. you can pick the best plan for each employee and get the best deals on every smart phone. reducing our carbon emissions to net zero may be our biggest challenge yet. there's no single action that will lead us to carbon neutrality. but there is a single source of essential sustainability intelligence. s&p global sustainable1. >>> good morning, everybody. welcome back to "squawk box. it's friday, and right now it looks like the dow futures are even under more pressure than they were half an hour ago right now dow futures indicated off by 145 points. this is the second down week in a row for the dow. it's on pace for another down week after being down yesterday. s&p closed at a record high, indicated off by 5.5 this morning. the nasdaq is indicated up by about 63 chi chinese electric car maker xpeng r

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your mover, rob, he's on the scene and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, like asap! so basically i can pick the right plan for each employee. yeah i should've just led with that. with at&t business. you can pick the best plan for each employee and get the best deals on every smart phone. >>> welcome back to squawk this morning. to washington and what investors need to know about what's happening in the nation's capital. the senate set to battle over the build back better plan and the ks tas to pay for it and with that robert franks joins us on why politics may be prevailing over math what do you mean >> the question around the house bill is whether it's a tax cut or a tax increase for high earners, bernie sanders calls it more tax breaks for the wealthy yet it raises $600 billion from top tax players. an analysis shows more than two thirds of taxpayers who make more than a million dollars a year will get a tax cut in 2022. the main reason is the s.a.l.t. change lifting the cap from $10,000 to