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Alley and jon fortt is at post nine, and along with kayla tausche, and joining us is steve case. Great to be with you, good morning. And lets talk politics, with Hillary Clinton widening the lead in the general election and a new poll gives her a 12point lead over donald trump, 4937, and 55 said they would never vote for trump compared to 33 for clinton and steve, we have been over the potential impact on the entrepreneurships and the vc and the changes because of immigration, and trade, and what is your read on the election overall right now . Well, i was over at the capital this morning meeting with the senators and the democrats and the republicans to the ask about the innovation, and entrepreneurship which is front and center, and frankly so far, not front and scenter. A lot about the topics, but not how the nature of work is changing, and the next wave of innovation is going to be requiring a different mindset from entrepren ....
After defeating south korea and the Golden State Warriors. The historic comeback coming out. As paul suggests british voters will choose to remain in the European Union. Investors initial reaction well initial reaction lots of innocent asian markets heavily in the green. The e. U. Said the concern leading european markets to head to the upside. More than 3 gains in france and germany. 2. 5 gain and the in london. Future future markets right now at home. U. S. Stock futures looking bright as well. Again for the nasdaq futures pretty much one and a quarter gain across the board. 201point game and features right now. He was made a break to saw down this morning because it is a busy morning. I was transfixed. By the way, shes excited. Michael blocker turned democratic strategist harlan hill. Good to have you. What is your take . Dagen ggolf an nba finals. Adding that the h ....
Of chesapeake, the second today. Bob pisani on the floor. This is different. Im in front of the host for chesapeake. This is news pending. Recall earlier, these were halted for volatility. That is intraday volatility. And thats sort of a mechanical halt that happens. This is the news pending, so well find out what, if anything, the Company Might have to say at this point. I just want to mention whats going on with some of the overall market right now. Because were sitting not far from the lows for the day here. Sectors in terms of the declines were seeing, financials, consumer discretionary, tech and energy. And, of course, utilities down a bit, but not down nearly as much. Its been a remarkable time here. I want to put up some of the financials and show you. Were having rather notable declines, including Morgan Stanley and bank of america, some of the money center banks, weak ....
Welcome to squawk alley for a tuesday, jon fortt, Kayla Tausche and myself at post 9 along with investor jason who were going to check in with in just a moment. Some moderate chop as a pilot might say, dow is down about 97 points. Were going to get to jason in a second. First Morgan Brennan with some breaking news. Carl, thats right. Railroad headlines for you. Canadian pacific planning to abandon its proxy fight for Norfolk Southern according to dow jones, also mulling proxy revolutions to push norfolk into takeover talks. In other words Canadian Pacific considering a potential shift in strategy to push the Eastern Railroad to engage in these takeover talks. This, of course, comes on the heels of three re ....
A flurry of retail results. Some good, some bad. I wonder if restoration or maybe its devastation hardware. Its brutal and they blame the market. Maybe thats the final proof that the high end customer has rolled over. Has pulled back at least. I dont know necessarily were talking about rolled over but theyre blaming the market and theyre talking about volatility and all the things going out on the markets each and every day and i they when you go through the retail environment its good to see howell home depot did and tjx did also. When you look at the names doing well they have some form of exposure to the housing world and where the spending is going on and maybe other names. Macys surprised us sitting here on the desk. Expectations have been so low. They could have gotten over that bar. But they did. That was the real key. Thats why that stock reacted the way it was. They have been punished and pricing in a lot of the negativity. Youre helping me make my point though steve. Restorat ....