Message in the market that we need to Pay Attention to i think its interesting because last weeks the markets were so weak and everyone felt so despondent that this week was going to be just a replay of last week. I think that as the election is here today, people are settled, i think, into the fact that we will have a result i thisnk the market thinks we will have a result in the next 24 hours i think we all have fatigue from this election and i this i just havi i think just having a decision is what the market is pricing in now and after the decision, well go from there. I think the market is positive for clarity. It may not be clear but well see tomorrow what actually happens. Unless the market is getting ahead of itself. If you go by our cnbc states of play poll, only one in five think youre going to have an answer tonight on election night. The market seems to be acting over the next couple of days like were going to go to bed knowing who the next president will be or donald trump
Warning. Really watching the gusty northerly to northeasterly winds throughout the entire workweek. Looking at the daytime highs in to the mid80ss. Low 09s for concord and the mid to upper 70s to low 80s for around the bay and looking at mid to upper 60s along the coast. Hour by hour on future cast as we go through the week tracking those winds coming up in just a few minutes. For now lets check in with traffic. I havent got the confirmation that the meters lights are uno you but we are seeing brake lights as we work westbound into San Francisco. The bulk of the delay around that 880 overpass and up the incline. A slow ride as you head westbound into San Francisco this morning. We have a slow ride on the westbound side of 580 out of tracy in to the pass with your travel times now 40 minutes to go from 205 toward 680. Im tracking brake light as long the freeway southbound near oak port as you head there. We had a trouble spot off to the side and looks like traffic is slow in that area.
Conocopillps acquiring contra resources. The largest deal this year and well have conoco ceo join us this hour. The 737 max or comeback european r regulators saying it is safe to fly and planning a december return to service. Carl jim, heard you just talking to becky about stimulus as we continue to kick this around it does not sound like this new sense of urgency, quote unquote, will do much to push the package forward. We are too close to the election and either side gives then the other side. I think has them so, lets say the president gives a little bit more than i think that Speaker Pelosi will make it even tougher because the president wants to get that check to you to the least amount of money donald j. Trump wanted. I know that is something that a lot of people, wow, the president gave it to me. I think what we should be owning and trading and buying are companies that are about to go through an Earnings Period that i think is going to be rocky but overall positive and i think
Pandemic . The ceo of opentable will be my guest. Rents are plummeting. Ceo joins us to talk about his ambition next. First, lets check of the market. The u. S. Stocks climbing today led by big tex. Big tech. We are waiting on the last jobs report before the election. How are investors handling this . Volatility is the theme of the year. Up dow at one point was nearly 1 , then down. That tells you theres a lot of uncertainty around the fact that we dont have another round of stimulus. The jobs report tomorrow, jobless claims today came down a little bit but still above pandemic levels. It looks as though september is expected to be less good than august. 875,000 jobs are expected to have been added in the month of september versus 1. 3 7 million added in the month of august. We will be looking for revisions also. Be aob picture is going to huge key to the economy going forward. All of this as we might be on the cusp of a second wave of layoffs. Yesterday, Goldman Sachs announced they a
Night because i cant forget welcome to squawk alley for a wednesday morning im Carl Quintanilla with jon fortt, Julia Boorstin joins us for the hour for which were appreciative interview with intel ceo bob swan later this hour later exclusive with nfl commissioner Roger Goodell a lot to get to. Well start with the s p and nasdaq notching another record intraday high. Got 12k on the comp. Former ceo of twitter now general parter in of owen advisers Dick Costello is with us great to kick off the morning with you. Great to hear you all i dont see you. Julia and i did our first live tv interview together back in 2009 when i joined twitter so to julia. Great to hear you. Thats worth celebrating, dick wow. Takes us all back. Youve had some i always tease you about Capital Management and you had some great tips in recent months that the mongo dbs of the world and theyve worked how long do you think theyre going to continue to work . Yeah. Its a great question. I got to tell you, when i was on