SQUAWK BOX, TUESDAY 24TH AUGUST, 2021

U.S. markets have had a strong start to the week with the Nasdaq reaching a new record high. Asian indices follow suit on Tuesday with Chinese tech firms rebounding from recent lows, giving the Hang Seng a boost. In vaccine news, the U.S. FDA fully approves the Pfizer/BioNtech vaccine, prompting President Biden to call on companies to encourage employees take up the jab. Meanwhile, U.S. Vice-President Kamala Harris continues her tour of South-east Asia where she reaffirms American support and cooperation for the region, in the face of Chinese ‘coercion’ in the South China Sea. We’re also in Dresden where German electrical giant Bosch has reopened a new semi-conductor factory. CEO Harald Kroeger tells CNBC that current supply chains are not sustainable. And, as the situation in Kabul continues to deteriorate, President Biden will consider extending the U.S. troop withdrawal from Afghanistan after attending a G7 emergency meeting on the issue. The Taliban has warned the 31st August deadline is a “red line” that should not be crossed.