SQUAWK BOX, TUESDAY 7TH JANUARY, 2020

Knock-on effect… Wall Street pushes Asian stocks into the green after the Nasdaq posts its biggest intra-day comeback for three months, with Alphabet hitting a new record high. Geo-political fears keep gold prices at a seven-year high as Iranians hold mass funeral processions for Qasem Soleimani throughout the country. NATO says that a full-blown war between the U.S. and Iran is in nobody’s interest and Washington denies it will be withdrawing U.S. troops from Iraq due to the recent unrest after an internal memo leak. And in auto news, Tesla’s market value reaches $80bn for the first time as the Model 3 saloon car rolls off the production line in Shanghai.