SQUAWK BOX, THURSDAY 8TH OCTOBER, 2020

Kamala Harris faces off with Mike Pence in the Vice Presidential Debate. The Senator accuses President Trump of the 'greatest failure in American history' in his Covid-19 response, but Mike Pence says Democrats are excessively pessimistic. Meanwhile hopes of a skinny stimulus package from the White House, helps the Dow rally more than 500 points to post its best day since July. In Europe, infections continue to rise with France reporting a new all-time high for coronavirus cases, as 19,000 people test positive over the last 24 hours. President Macron warns new restrictions will be put in place. Over 500 people are admitted to hospital in the UK as the infection rate doubles in a week, with Prime Minister Boris Johnson defending his local lockdown strategy. And in corporate news: Samsung says third quarter profit likely rose almost 60 percent driven by demand for devices and increasing chip orders.