Arrows dow futures indicated down by about 260. Weve seen down 300 this morning. Nasdaq also down sharply down by 200 points and the s p 500 down by about 37 so significant declines after two other days of losses also playing out in the treasury markets as well. If you want to take a look at what is happening there, yields have gone down, right now the ten year is yield iing below 0. a lot of this has to do with renewed lockdowns in europe. Lets get to karen cho who has more on what is happening there. Thank you very much we are witnessing losses across the markets as we contend with more news flow around more severe restrictions. Weve been hearing the last couple hour 24s that there may moves announced later on today, reports from various Media Outlets suggesting that london will move to a tier two restrictions the london mayor has spoken suggesting that the Health Secretary will reveal the changes in the house of commons. No mingling between households currently there is a rule of si
Dom . How many of us wish we had more time, not just 48 hours but more time in general anyway, the markets right now are in a Holding Pattern thats what well call t. Marginal losses in the s p 500, dow and nasdaq, as you can see there. Just about a quarter to a third of a percent across the board here, but we were positive at one point today so a lot of that uncertainty playing out, but not a lot of reason to wholesale buy or sell so thats what were seeing in markets. One place where were seeing a good amount of positivity today is in the internetrelated names. Social media specifically. Check out this First Trust Dow jones internet etf ticker fdn is off the highs of the day, off twothirds of 1 small of the smaller social media ones are there as well helping to power this particular move remember from the lows up to here, it was up about 96 , and then it fell about 15 here and then up another 12 from there, so thats a move there for the social media stocks that were watching as well, a
You remember that . Joe was willing to sacrifice american lives to placate the radical left open border extremists, and we saved tens of thousands of lives, probably hundreds of thousands of lives, and we saved millions of lives by doing the closing and now the opening the way we did it. Joes decision to publicly attack the china ban proved he lacks the character or intelligence or instinct to do what is right. Lou biden, the radical dems, the rinos and the leftwing National Media have exploded over Bob Woodwards new book. Woodward reporting President Trump intentionally downplayed the china virus in the earliest stages of what later would be a pandemic. And a deadly one. President trump addressed woodwards claims head on today, and in the process smacked down abcs illmanneredded, disrespectful jonathan carl. Why did you lie to the American People, and why should we trust what up to say now . Thats a terrible question and the phraseology, i didnt lie. What i said is we have to be calm,
Joe was willing to sacrifice american lives to placate the radical left, open border extremists and we saved tens of thousands of lives, probably hundreds of thousands of lives. We saved millions of lives by doing the closing and now the opening the way we did it. Joes decision to publicly attack the china ban proves the he lacks the character or intelligence or instinct to do what is right. Lou biden, the radical dems, the rinos, the leftwing National Media have exploded over Bob Woodwards new book. Woodward reporting the President Trump intentionally downplayed the china virus in the earliest stages what would be a pandemic. And a deadly one. President trump addressed woodwards claims head on today and in the process smacked down abcs ill mannered disrespectful jonathan karl. Reporter why did you lie to the American People and why should we trust what you have to say now . President trump that is terrible question and phraseology. I didnt lie. I said we have to be calm. We have cant
Welcome to squawk alley for your wednesday morning im Carl Quintanilla with julia bore steen, mike san tolely with us for the hour dow is lagging down 60 jackson hole tomorrow, of course, were watching hurricane laura, the retailers but mike, crm, continues to astound. We thought 20 gain was impressive its now at session highs of 27 today alone on what bloomberg called the best revenue surprise in a decade. Yeah. Its pretty remarkable obviously the results themselves are emboldening people to say that this was as expensive as the stock has always looked undervalued or misvalued or didnt appreciate the durability of what theyre doing on the market share side of things for the longterm. What is interesting, too, if you look at it compared to some of the other software bell weathers over the last couple years, as big as todays move is, its kind of a catchup if you look at how microsoft and adobe in particular their anointing crm into that class inpenetrable areas that seem like theyre goi