Good wednesday morning welcome to squawk alley. Im Carl Quintanilla joining us this morning former ceo with us, a mentor at index ventures good to have you with us were down 85 points some of the selling is intensifying although the losses are not huge, the dow and s p are having their biggest oneday drop in about seven weeks. Worst performing sector is telecom. Thats a small sector, big move on at t, causing after earnings miss last night. A few other earnings movers to speak of, were seeing weakness there. Utilities, financials, industrials, broadbased selloff here when it comes to s p. Tech holding up relatively well. Ge getting hit again. Yes opened below 22. Were going to get to the markets with dick in a moment. First up, dick, social media and regulators, twitter saying it will add labels to political ads including who bought them, how much they are spending, ahead of representatives facebook, alphabet and twitter all testifying on capitol hill next week and follows prodder conc
Our lives. Democratic candidates square off. Hillary clinton spent most of her time talking about trump. What is your answer to creating jobs . Im going to create them, they are going to be great, but im not going to tell you what it is im going to do. People are looking at this race thinking its just going to be scorched earth. Both of use negative tactics, no doubt about it. Try to beat the other down. Extreme west in the west damaging thunderstorms, occasional tornado. Tsa plans to try and ease the marathon security lines at the nations airport. People are missing their flights. President obama presented the medal of valor to 13 police officers. We could not be prouder of you and couldnt be prouder of your families for all the contributions you make. Due to the Massive Wildfire burning out of control in canada, about 8,000 oil workers told to leave the area last night. A man strips naked at a metrolink station after a bus driver thought he had a grenade. Israel discovered statues an
Low clouds but nothing compared what we saw this past weekend. A few high clouds above and trend is warming up. If you are going out to tailgate the warriors game at 6 00 or the as game at 7 05 looks good. It will cool down quick and maybe patchy low clouds. Temps going up in by thursday back down. It will go really fast one extreme to the other but today on the move up to warmer temps. Mostly sunny and warmer and by thursday we drop 10 to 15 degrees by friday and saturday. An interesting pattern. Low clouds clearing from north to south. 40s for a few and 50s. A lot of upper 40s menlo park and woodside and stanford and close for others as well. 53 san mateo. Okay breeze and now,. Things have collapsed. The sierra looks much quieter today then over the weekend. High pressure a few days and then a cooling trend later in the week. 60s, 70s, and 80s. Slow traffic out there and lets see what we have. With the crowding on the freeway you will see traffic getting busier and drive between carq
Spent most of her time talking about trump. What is jr. Plan to create jobs . His plan is, im going to create them, theyre going to be great, but im not telling you what it is im going to do. People are looking at this race thats coming and thinking its just going scorched earth. Both of them are going to use negative tactics. Theres no question about it. Try to beat the other one down. Severe weather in the u. S. The occasional tornado. Its coming at us. The tsa plans to try and ease the marathon security lines at the nations airports. People are missing their flights. President obama presented the medal of valor to 13 Police Officers. We couldnt be prouder of you or your families for all the contributions you make. Due to the Massive Wildfire burning out of control in canada, about 8,000 oil workers were told to leave the area. Divers in israel have discovered statues and thousands of coins in a ship wreck said to be over 1600 years old. Tigers manager gets thrown out. He wouldnt go
Out run, but Hillary Clinton spent most of her time talking about trump. What is jr. Plan to create jobs . His plan is, im going to create them, theyre going to be great, but im not telling you what it is im going to do. People are looking at this race thats coming and thinking its just going scorched earth. Both of them are going to use negative tactics. Theres no question about it. Try to beat the other one down. Severe weather in the u. S. The occasional tornado. Its coming at us. The tsa plans to a tryndas ee the marathon security lines at the nations airports. People are missing their flights. President obama presented the medal of valor to 13 police officers. We couldnt be prouder of you co your families for all the buntritions you make. Due to the Massive Wildfire burning out of control in canada, about 8,000 oil workers were told to leave the divers insr iael have discovered statues and thousands of coins in a ship wreck said to be over 1600 years old. Tigernas mager gets throw