Innovation planning a two Day Conference like this one Record Number of colleagues across the region and for the First Time Ever we had over 1200 registrations and those looking at the keynote address or vs cspan we are absolutely thrilled wherever you may be a Technical Team to get us here team of colleagues and 17 campuses and the metropolitan region volunteering their time and energy we nearly asked him to stand and be recognized by know thats not possible we nearly asked him to stand and be recognized by know thats not possible in various capacities please take a moment to thank them for their work. Also to take a moment to recognize the enormous effort with the assistant director Jennifer Mchenry and director of instructional design work at these amazing women i am over time with i and i get to work with them we would like to personally thank the university of st. Louis leadership the high value on teaching and learning without support we cannot do what we like to do and then to i
Unchanged policy. Coming back from the typhoon slower by 116 points. We are talking about hsbc, one of the laggards here, missing out. The largecaps under pressure, 4819 right now. We are looking. When it comes to dollar dynamics, we did see a stronger dollar, which led to a hit. 379 right. 7 now. The china 10 year yield, we just got the pricing on the dollar bonds. Gold taking a retreat. Brent crude Holding Around 42. Tom lets bring you back to the top story in this region. Xi jinping will bring a major policy address later, in the next 20 to 30 minutes or so. Across the border in shenzhen, to talk about an integrated tech corridor to rival silicon valley. Stephen engle is following the story and joins us from hong kong. Steve, what are you looking for in this speech . Stephen i am looking for a better tagline. They are calling this a chinese socialist pilot zone with chinese characteristics. I think the greater bay is the grander scheme. And xily china wants to jinping with a trip so
Good morning, it is 8 00 a. M. At apple park in coopertino it is 11 00 a. M. On wall street, and squawk alley is live. Good Tuesday Morning welcome to squawk alley. Im jon fortt. Were going to kick things off with apple, just under two hours away from a big event this afternoon where we expect to see a new ipad and a new apple watch. I argue this is the most important launch for those products since their debut why . The environment that were for the ipad it is all about covid productivity people are trying to buy devices for work from home and school from home. They are trying to extend their lead on the tablet space and what about the watch its all about Health Monitoring as people work out from home and now look for additional tools to monitor their vitals during covid. Apple might provide the knockout punch and make things like googles proposed deal for fit bit irrelevant if it was a fortune 500 company, that would have put the ie had alo alone ahead. One star of the show today cou
I see Energy Leading the way welcome just like tyler said, tech is lagging the Broader Market right now. You can look across the sector board behind me. Financials down only 1. 3 . Look at technology its the worst performer down 5. 6 today even as the nasdaq hit a record high yesterday, its not just the big cap tech stocks selling off. The momentum names have been struggling for a lot of this week already take a look at zoom. The stock is up nearly 500 this year the this amounting to a pretty big pause. Same story with tesla. Its down 18 . Finally docusign is down about 10 . About 8 today 10 in two days and it reports earnings after the bell. Well have more on that in a moment first, lets get to bob for more on this market sell off today. Bob. Youre right, kelly this is largely momentum driven. Not external news events around the economy or vaccines like that the news has been positive let me show you the momentum etf. These are the Largest Holdings in the momentum etf. Look at stuff t
Utility. How we may be soon making our own power. And sugar rush halloween candy flying off the shelf. This is Worldwide Exchange here on cnbc good morning, good afternoon, good evening welcome to wherever you may be watching lets get now to why you are probably here. Your money and the markets Technical Levels are barely holding up they are holding up in some cases. Futures are mildly in the red for the dow. The nasdaq futures are down 58 something to watch we will throughout the morning broad based indices. It was the fifth drop in six sessions here is truly your nasty stat of the morning. Nasdaq posting the fourth drop down 10. 55 this month why are we so precise. That makes the nasdaq 100 on base for the worst month since november 2008. The nasdaq 100 now officially doing worse than it did in march when the pandemic and lockdowns first hit. It wasnt just stocks. Also watch the medal gold cratering more than 2 . Gold down about 18. 57 per ounce. It was silver that stunk up the joint