Good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla with jon fortt and Julia Boorstin on this election day markets are continuing the rally we got on monday were close to session highs right now. Dow is up 665. Best day since june 5th for the dow and s p 500. Best breadth since april 8th nasdaq and s p 500 erased their october loss, jon, as were seeing things like yields go higher as well and the dollar weaken which is another sign that some of the imbedding on emerging markets going out of this election. Yeah, carl. Looking at tech overall and particularly big tech, its interesting the gap between microsoft and amazon lagging behind apple, thats narrowing a bit. Remember, you had apple above 2 trillion in market cap and around 1. 5 trillion now thats come down apple is below 2 trillion those two are still around 1. 5 alphabet lagging all of those year to date so what is surging today tesla is up 5. 5 sales force, cisco, micron, dell, if you look at enterprise space, tho
The declines in technology and real estate shares on the stoxx 600 and then the Pound Holding on to declines we saw yesterday as figures show that the u. K. Economy contracted more than any other in europe in the Second Quarter. Plenty more of markets shortly now lets get straight will raise more questions over the governments handling of the pandemic. There are worrying signs the bounceback may run out of steam. Hard times are here. Hundreds of thousands of people have already lost their job and sadly many more will. But i will say to people, although tough decisions lie ahead for all of us, no one will be left without hope or opportunity. Up ina plans to bring tiktok in talks with the u. S. It is likely to take place as soon as this week. We are not certain what beijing hopes to achieve when bringing up the app. It comes just days after President Trump signed a ban on transactions using the app on National Security grounds. Protests in belarus. Protesters took to the streets to have
Through the borders of belarus the relevant person understands this, not only the president of poland and the heads of the baltic states, but also putin, and he wants to organize such an operation under a foreign flag, that is, to push belarus. The relationship is formally presented by the russians to the state , although putin admitted that it was financed by what kind. Thus, it was wagnerov, and the troops of belarus. In fact, there was a time of war and the armed forces of the European Countries strengthened, they help us, thank you, and also strengthen the potential of their armed forces, therefore, with them , in general, with the alliance, he does not want to, he cannot, he would like to, but there is no possibility, and that is why the force is already there enough to provoke both the poles , some baltic countries and the armed forces of ukraine. They really know the situation, and that is why it is definitely related to supporting ukraine, first of all, in order to fulfill the
The participants in the communication used a public connection. The allies complain furiously about the germans unreliability. Berlin makes excuses and threatens russia with punishment for making it public. Contents of the conversation in they hardly discuss germany, and they certainly dont talk about thon. I would say its pretty loose in the way its being conducted. General gerhards, inspector of the air force. Calls the taurus a superweapon that the bundesfer has in service, well, although he didnt say its a prodigy, but thats the point, other interlocutors proudly talk about the unique advantages of the german product, compared to the british and french ones, which kiev already possesses. There are many versions in connection with the leak, and, as always, directly opposite. Lets be honest, nothing we didnt learn anything fundamentally new. Except that yes, the everyday tone with which the German Military discusses attacks against russian targets is jarring. By the way, an indicativ
Yes, the elections are commemorated in france as well, the situation is similar, according to polls, the European Parliament will be primarily supported by marine lupins supporters, sworn enemies of macron. According to the figaro newspaper, the belligerence of the president and the government is caused by the desire to intercept the agenda, to direct the attention of voters to the topic of war and peace instead of socioeconomic problems. We will keep an eye on france, but for now lets return to germany and talk to maria harolskaya. From mmo, an expert in german political cuisine. Maria, hello, there is a lot of debate about the reasons for the leaks in germany, and the conversations are very alarming, but the content, it seems that no one is at all i was surprised whether this means that support, military support for ukraine is now, well, the norm for the establishment, yes and no, that is, on the one hand, there is a consensus among the political elites. From the csu they are for, ye