SQUAWK BOX, FRIDAY 11TH SEPTEMBER, 2020

The S&P 500 and Nasdaq are on track for their second week of losses. Market sentiment is dampened by the U.S. Senate voting down a GOP virus stimulus bill. London and Brussels are at loggerheads after the UK rejects the European Commission’s ultimatum and threats of legal action against the British government over its attempts to unpick the Brexit divorce treaty. Rio Tinto CEO Jean-Sebastian Jacques is stepping down after investors push for more accountability over the miner’s destruction of two Aboriginal sites in Western Australia. President Trump warns that he will not extend next week’s deadline for Chinese tech firm ByteDance to sell its TikTok assets in the U.S.