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Good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla with jon fortt and Julia Boorstin on this election day markets are continuing the rally we got on monday were close to session highs right now. Dow is up 665. Best day since june 5th for the dow and s p 500. Best breadth since april 8th nasdaq and s p 500 erased their october loss, jon, as were seeing things like yields go higher as well and the dollar weaken which is another sign that some of the imbedding on emerging markets going out of this election. Yeah, carl. Looking at tech overall and particularly big tech, its interesting the gap between microsoft and amazon lagging behind apple, thats narrowing a bit. Remember, you had apple above 2 trillion in market cap and around 1. 5 trillion now thats come down apple is below 2 trillion those two are still around 1. 5 alphabet lagging all of those year to dat ....
Spacex, and it is actually playing out in the market. Because spacex is privately held but if you look at the handful of more pure play space names, virgin galactic, not affiliated with any of this right now but represents Space Tourism play is higher today also the ufo space etf is trading higher ahead of the launch its scheduled to happen a few minutes after 4 30 p. M. Eastern right now but well see how the weather and Everything Else plays out here, john. You talk about space a lot, its a an important story, an Important Technology story also. I cant help but look at whats happening to silicone valley and tech at large over this incredible year especially that weve had. If you think back over the past decade, the elon musk brand of tech that is hardware, big hardware, difficult engineering, its tesla, spacex, th ....
But also you do see many people in shirts and ties there obviously a lot of Office Workers here amongst the protesters people who work in the blocks around here this is just region runs right through central parts of this side district. And gradually the crowd has been down pounding street went in to say other large roads youre looking at their exact total road ahead but they dont have the numbers to block that was they will get nervous because. Some of the protests weve had was this weekend but this is right in the heart was the hong kong stock its going to be there and cetera remains to be somebody if this remains peaceful. Clashes these protests earlier this week in clashes down in chinese own banks it remains to be seen what happened with this one this is what we know it has been unprecedented you people are being surprised every day by what happens next with this we didnt think for example at the beginning of this week that w ....
Hospital and we have as i say also seen and numerous rockets emanating from gaza throughout the course of the day Islamic Jihad promising to expand the circle of its response from what weve seen in recent months and indeed there have been rocket alerts in communities quite close to jerusalem which is not typical of what weve seen over the last months and years and israel is very much saying that this is an operation targeted at Islamic Jihad changing its policy hitherto which has always been to hold hamas responsible for anything that comes out of the gaza strip saying that this is about punishing and deterring Islamic Jihad. The course in hong kong is deciding whether a university can stop police entering its campus after fierce clashes with student protesters overnight demonstrators are blocking streets in the city center ....