SQUAWK BOX, FRIDAY 25TH JUNE, 2021

President Biden hails a bipartisan deal between senators on his $1.2tn infrastructure deal but he faces criticism from Republicans over further spending plans. The news buoys Wall Street with the S&P 500 and Nasdaq hitting record highs as construction stocks lead the way. In Brussels, there is a rift between the 27 EU nations, with Poland and the Baltic States rejecting France and Germany’s calls for a leaders’ summit with Russian President Vladimir Putin. And Chinese ride hailing firm Didi Chuxing seeks a New York listing which could be valued in excess of $60bn in what could be the biggest IPO of 2021.