Another day of dragged on stimulus talks, john. Intel not a small factor in the trade. When i think of volatile tech stocks, i tend not to think about intel. Look that two year chart ups and downs. Its like an obstacle course, a tough mudder or something. Last quarter, it was about the supply side and intels manufacturing. This quarter the surprise was more around demand and the extent to which enterprise and government just isnt buying in the data center. Cloud picking up the slack that has an impact on margins. Of course, we have the pc stuff going on which is largely a tail wind they havent for a long time but theyre not buying them in the enterprise as we would expect people are not in the workplace. People are adjusting the way they work. That does have an impact on intel. A lot of balls in the air here this volatility predated, bob swan particularly on that manufacturing side but now hes got all of these other things to deal with as well investors looking for clarity around what
Gus gusts mt. Hood 19 miles an hour that will change, 11 00 a. M. Sunday to 11 00 am tuesday. It covers valleys and hills. Gusts up to 50 at the lower elevation, 60 and 70 over the ridges and humidity 5 to 15 . Critical to extreme fire conditions are expected. Damaging winds are possible. A high wind watch until 10 00 am monday. There is a possibility of downed trees and power lines as you look at the hour by hour wind forecast, the winds pick up first in the north bay and then spread late sunday night into monday. Were going to toss to cornell bernard with more on how people are preparing for the upcoming fires. Reporter hey, sandhya, were in santa rosa where this air attack for cal fire is very busy. Check it out. This tanker just returning from fighting that wildfire in rural napa county. Planes have have been coming and going about every 15 minutes. Its about 4 00 p. M. Reloading with retar dent. Done the for but extreme fire danger is ahead for a lot of firefighters all over North
Its 11 00 a. M. On wall street and squawk alley is live good Tuesday Morning welcome to squawk ally im Carl Quintanilla markets are seeing a fair bit of chop today as we keep pace with powells comments a few moments ago. Any progress on stimulus and, of course, the president s recovery as he returns to the white house. For that were going to turn once again to eamon javers hi again yeah, hi. What were learning this morning is that a military aide who works closely with the president has now also tested positive for the coronavirus. According to nbc news, the president within the past few minutes also issuing a new tweet saying he is going to the next president ial debate. We have that wednesday vicepresident ial debate and the president is tweeting that he is looking forward to the next president ial debate. He is cleared to travel or optimistic about the plans to travel thursday by october 15th in miami the president saying there it will be great. No word whether were going to see the
Should be defunded, the left is worried that the president may rally the countrys morale and they cannot have that, Speaker Pelosi, treasury secretary mnuchin, they will talked again about the stimulus plan, the far apart on the size of the package but they agree on extending emergency payment, they are still talking, nbc held a town hall for joe biden last night, no questions about packing the court, offering statehood to puerto rico in washington, d. C. , who the democrats were put on the Supreme Court, it really was soft ball city, maybe that changes in the Vice President ial debate tomorrow night, mike pence faces off against Kamala Harris, plexi glass screens will separate them. 910 minute segments, the president s leadership on covid and mike pence pushing hard on the issues, this could be the turning point in the election which is four weeks away. All of that is politics, now money, big gains across the board monday for the stockpackas morning, the dow industrial looking at 130p
And trying to keep the lessons going to meet the pandemic the lengths theyre going to remote areas of indians. And foreign belgians Thomas Peters is new to the lead on day 2 at the u. S. Open hes overtaken Justin Thomas who had a course record in his helping round on their estate. So then taiwan has scrambled 18 fighter jets to track nearby Chinese Military planes in an escalation of tension over the visit of a u. S. Official china says the drills were necessary accusing the United States and taiwan of colluding to stir up trouble from abroad explains. Taiwan scrambling gets jets after 18 Chinese Military aircraft entered its Defense Identification Zone before turning back. As its done previously in the Taiwan Strait this military exercise by china was its way of showing displeasure at increased diplomatic exchanges between the u. S. And taiwan it comes as u. S. Undersecretary keith crock the most Senior State Department official in decades continues his visit to the island that follow