President Trump has rejected Iran’s counteroffer in the effort to end the war. In the UAE, CNBC’s Dan Murphy reports on the negotiations and the energy prices hanging in the balance. In Beijing, CNBC’s Eunice Yoon awaits the arrival of President Trump–and tech leaders–for a meeting with President Xi. In the U.S., hantavirus patients have arrived in Nebraska. Former FDA Commissioner Dr. Scott Gottlieb discusses the risks of the illness, as well as the rumored potential departure of current FDA commissioner Dr. Marty Makary. Ed Yardeni discusses the market records, despite geopolitical headwinds. Dan Murphy - 04:28 Eunice Yoon - 12:58 Ed Yardeni - 19:00 Dr. Scott Gottlieb - 35:30 In this episode: Eunice Yoon, @onlyyoontv Dan Murphy, @dan_murphy Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Hantavirus Risk with Dr. Scott Gottlieb 5/11/26

Squawk Pod

# Full Transcript

**Podcast:** Squawk Pod

## Participants

- **Becky Quick** (CNBC)
- **Joe Kernan** (CNBC)
- **Andrew Ross Sorkin** (CNBC)
- **Dr. Scott Gottlieb** (CNBC)
- **Ed Yardeni** (Yardeni Research)
- **Daniel Murphy** (CNBC)

## Transcript

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[SPEAKER_10] Bring in show music, please.

[SPEAKER_06] Hi, I'm CNBC producer Katie Kramer, today on Squawk Pod. Hantavirus patients have arrived in the United States. Former FDA Commissioner Dr. Scott Gottlieb explains how it's passed forward and how worried we should be.

[SPEAKER_16] Net-net, this is going to be something that public health officials can't contain. They're keeping an eye on all the people who are exposed to it.

[SPEAKER_06] Markets hitting record highs despite stress from the war in Iran. Ed Yardeni says he's been bullish, but not bullish enough.

[SPEAKER_01] I think the big story is productivity, and I've been talking about this being the roaring 2020s and the similarities with the 1920s. It was a tremendous technological innovation that led to enormous productivity.

[SPEAKER_06] Plus, President Trump has rejected Iran's counteroffer to end the war. And CNBC's Eunice Yun on the ground in Beijing ahead of the president's visit with a number of CEOs in tow. The visit of tremendous symbolic significance. It's Monday, May 11th, 2026. Squawk Pod begins right now.

[SPEAKER_19] Stand Becky by in three, two, one. Cue, please.

[SPEAKER_03] Good morning, everybody. Welcome to Squawk Box right here on CNBC. We are live from the NASDAQ market site in Times Square. I'm Becky Quick along with Joe Kernan and Andrew Ross Sorkin. And Joe, welcome back.

[SPEAKER_02] Thank you. Should come back on a Tuesday.

[SPEAKER_03] Mondays are rough, particularly when we come back.

[SPEAKER_02] They're already rough. You know what? You guys did such a good job, though, on the S&P and related issues. We worked hard on it. Makes it a little, 7,400?

[SPEAKER_03] Yep. S&P 500 and the NASDAQ closing at new highs once again. Feels like a broken record saying this at this point on Friday....

The Hantavirus Risk with Dr. Scott Gottlieb 5/11/26

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

The Hantavirus Risk with Dr. Scott Gottlieb 5/11/26

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.