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Transcripts For CNBC Squawk Alley 20170821

Now theyre back downtown for the start of squawk alley. Hi, karm all right seem yashgs thank you very much. Good morning it is 8 00 a. M. In newport, oregon the First North American city in the path to have days total eclipse. Its 11 00 a. M. On wall street squawk alley is live. Good mo. Welcome to squawk alley. Were at post 9 on the New York Stock Exchange jon fortt has the morning off. The dow is down off the lows we did see some pressure this morning, particularly on stocks in the nasdaq continuing to underperform that index coming off a four week losing streak mid morning here, sarah, we won wondered whether we would test the lows the vix didnt manage to spike. That made somebody moderate selling pressure after two weeks of decline a lot of people also talking about the rustle 2000 index of small caps underforemaning down four straight weeks in a row. Now also for the year, a lot of people saw that as the trump trade. The Smaller Companies that would really benefit from lower corpo

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