Thats the worst performance in two weeks. The dow has been down. Nasdaq have been down five out of six the tech selloff was worst it continued down 3 led lower by stocks like apple the same old story big volatility coming. Those are really the tail thats been wagging the dog for a while. Youll see the nasdaq is lower once again the other two averages hanging in there the s p on the flat line nasdaq down another 50 points. Fur watching what is happening over the last two months they closed. Dow at the lowest level since the third. The 10year sitting at 0. 66 the story that seems to never end, tiktok. Here we go the owner bytedance applying for an export license in china as it pushes for a deal in oracle and walmart. They did not mention the pending deal and technology it was seeking to support calling the deal dirty and unfair they have no reason to approve it all of this raising questions about that prospect and what that would ultimately look like. What happened earlier in the week we
Coming after yesterdays euphoria that is part of the momentum growth trade materials and industrials are the only sectors in the green. We have a few more ipos and awaiting more news on tiktok and oracle it will be busy coming up on todays show, mohammed elerian will join us on the on going stimulus stalemate and well speak with Jim Fitterling and shares of Cybersecurity Firm Palo Alto Networks up 80 from the march lows as companies boost protections for employees working from from home the ceo will join us to discuss that trend and much more lets focus first of all on the big stories youre watching. Mike santoli is tracking to days volatile Market Action we have the latest on stimulus in washington and sara has new reporting on the oracletiktok sag yachlt mi saga mike, markets down 1. 4 . The ive been heavy tape all day. We continue this process of sort of undoing that august overshoot to the upside. Ive been focused on levels that we saw back on august 11th thats about 3333 we closed
Terrific rally. But your 401 k has taken a hit. I think election chaos is largely to blame, and well bring you that debate throughout the show today. Look at this, as of right now, well, we had a huge selloff yesterday, and heres where we stand this morning, were way down again. A hot more selling. More a lot more selling. More worries about a second wave in europe, and there has been an uptick in virus causes here. Look at this, the dow down maybe 160 points. Youre back to 26,500, s p down 25, and look at that nasdaq, 10,600, down 150 as of right now. Premarket. Were on it. And heres what youre looking at right now, a uhaul truck in louisville, last night. It had been prepositioned, loaded with protest signs. The Kentucky Attorney general will not prosecute two of the three officers involved in the death of Breonna Taylor are. After the decision came down, the uhaul was unloaded, and violent protests began. Who paid for the signs . Who organized this protest . Two Police Officers shot
It will be sunny but not very warm today. Temperatures will be below average. 32 Miles Per Hour and higher for winds towards cordelia. Low clouds and fog will be stubborn. Temperatures today will be below average. As much as 10 degrees and santa rosa. Even into livermore. Lets head over to sal and see if theres anything that is new that is popping up on the screens. Good morning, sal. It is still pretty quiet. Traffic is moving well. The fog i was there yesterday is not there today. I suspect it is because of the wind that you spoke of on the golden gate bridge, it looks good and clear. Traffic is moving along okay. There are no problems on the richmond bridge. Getting over to marin is easy. At the bay bridge toll plaza it is light. Lets go back to the headlines. The spare the air alert is still in effect in the bay area, and it has been extended until tomorrow. We are joined now with more of the record breaking days of poor air quality. Good morning, sara. Reporter good morning, pam,
The wind of change was up early and it has been kicking up its heels here for many, even gus 37 at the altamont pass. Cordelia reports sometimes and it doesnt last. I thought it was 37 miles per hour. Some of the bridges, you will feel that breeze come up in asia bridge, maybe. Morning fog, hazy, below average High Temperatures today, but they are ready to get above. Well have more that in about 10 minutes. Over to sell now. The bay bridge toll plaza is that better or worse . We have better news there, steve. Better news at the bay bridge. That crash that we had on the st. We do have a bigger backup than normal, but at least things are moving now. The crash is gone. It was a motorcyclist and a car that got into it at about the 6 00 hour. It was clear just about 10 minutes ago. It is better now. Because of todays volume, if this were the pandemic, we would be done before the pandemic, we would be done for the morning, but this is just lighter than usual conditions, even at the bay bridg