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Transcripts For CNBC Squawk Box 20140411

Right there at 13,960. This started thursday. The nasdaq felt the worst of it, down by 3 , closing at 4054, the biggest oneday decline since 2011. The nasdaq is down 7 from the recent high on march 5th. Its down by 2. 6 for the year. For the s p 500, that index down 2 for its biggest drop in two months. Were below where we ended the year. So youre looking right now 1833 after yesterdays declines. Its first close below its 50day moving average since february 10th. The index is flat for the year to essentially slightly down. Its down 2 . That index, the dow, dropped 266 points closing at 16,170, a decline of 1. 6 . The dow is on pace for its first weekly drop in four weeks. For the year, the dow is down by 1. 8 . And in yesterdays selloff, only two dow components finished higher, at t and mcdonalds. If it was 3 on the dow, it would be 500 points which sounds like a lot. 500 was the 87 crash but it was from 2000. It wouldnt be the end of the world but it would get your attention. We said

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