Squawk Box Europe Express

Autonomy in question: The U.S. government declares it no longer considers Hong Kong autonomous from China in a decision that could end the territory's special trade status and further raises tensions with Beijing. The Dow crosses the 25,000 mark for the first time since March, as back-to-work stocks boost U.S. averages. In Brussels, EU Commission President Ursula von der Leyen unveils a €750bn recovery fund of grants and loans to help the bloc fight the unprecedented Coronavirus crisis.