Welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan and jon fortt at post 9 of the New York Stock Exchange giving back about half of yesterdays relief rally as breadth remains poor and the volatility continues and we are going to begin this morning with todays market selloff stocks remain volatile, the dow falling sharply after yesterdays gains, and thats the coronavirus concerns that continue to ramp up. Organizers around the world canceling conferences an trade shows over the outbreak. Ibm joining Companies Like facebook and google in canceling their own events yesterday evening whul others like apple and netflix have pulled out of conferences that are for now still moving forward like south by southwest were joined by Jeff Richards of ggb capital and j. J. Kinehan of td ameritrade. Good morning good morning, jon j. J. , first, what do you make of this volatility, the Market Reaction especially given weve been through months and months of trade concerns that didnt lead t
Africas most effective economic ministers along with Deputy Ministers heads of chambers, in total, we will host about 80 officials from the african continent, which is a new arrangement and a very happy event in the relations between iran and the african continent. Face to face or now without you. Among our private sectors, the private or public sectors of african countries, according to the head of the trade Development Organization , government officials and economic activists from 80 countries will be present at the 6th iran expo export capabilities exhibition. This period of the republics export capabilities exhibition islamic iran from the 8th to the 12th of ardbehesht in the permanent place of international exhibitions. So far, more than 2,800 people have registered to attend these two events, of which 2,600 people have been confirmed and are in the process of obtaining visas and tickets. Iran will be our guest, more than 400 countries will attend this program with a highranking
Balloons and a lawn chair to soar into the sky. So high he says he was looking down on passenger planes. Why his stunt is capturing the attention of the public and the police today, tuesday, july 7th 2015. From nbc news this is today with matt lauer and savannah guthrie. Live from studio 1a in rockefeller plaza. And good morning, welcome to today on a Tuesday Morning. Savannah having some holiday time this week. Were joined by hoda kotb. That guy with the helium balloons was up in canada it was a 10 lawn chair. What on earth was he thinking . You can watch this video a thousand times. I know hes trying to promote his cleaning products but hello. Well have more on that story in a little while. We want to start on a Tuesday Morning with breaking news out of washington state. A deadly ice cave collapse at a National Forest thats really popular with hikers. Nbcs jacob rascon is at a local hospital. What can you tell us . Reporter matt good morning. The three most critically injured patient
3 00 p. M. Well have showers and thunderstorms building in the northern and western suburbs and through philadelphia. 78 degrees currently and muggy as i mentioned under partly cloudy skies. 71 in allentown, 73 in wildwood. Were dealing with oppressive humidity if we get sun out from behind the clouds later on, it will feel darn miserable. 79 degrees by 8 00 a. M. Noon 87 degrees, 3 00 p. M. 90 degrees that he is the high. Ill track the thunderstorms in just a couple of minutes. Reporter pretty darn miserable, youre making me not look forward to the rest of the day. Traffic not miserable weve seen worse mornings, but the volume is building on i95 as you can see. It has built on the westbound side of the vine street expressway were stacked up heading toward the schuylkill expressway again just normal volume. On the schuylkill expressway itself not so bad thats the top left corner of the screen. This ramp from Spring Garden coming away from the art museum coming from the westbound schuyl
That is Something Congress is trying to work on once more. Well come back to that a little later in the discussion. Same question, dave over to you. I think there is a real opportunity for us to be able to accelerate. The challenges we need to be more deliberate around the way that we are experimenting with this technology. The dialogues ive been having with some leadership is a renewed enthusiasm around taking emerging technology and the war fighters getting together we were trying to figure out what is the potential of the technology but in many ways, like my house, i cant anticipate how they are going to use it. They have far better ways to see it then we do. Its the sitter of brain storming process that allow you to adapt the procedures that you are going to use to employ the capability and feed that back into the acquisition process. Then you can tighten up the cycle time. Its its a co evolution of the solution. To have an example of the kind of things youre talking about . At lea