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Transcripts For CNBC Squawk Box 20141016

First, lets get you caught up to speed on the markets this morning. If you thought the wild ride was over, think again. Futures are selling off sharply this morning. Right now, dow futures close to 200 points below fair value. The s p 500 futures down by another 30 points. This is not something thats been constant through the morning. At one point this morning, futures were in positive territory. You can get we will continue to see wild swings up and down. A lot of volatility. In fact, if you add up all of yesterdays swings, the dow moved by about 1300 points during the session. It was down 460 points at the low. The blue chip index eventually closing off by about 1 . The this was the heaviest volume weve seen in nearly three years. If you were watching the yield on the ten year, it dropped below the 2 before coming back. This morning, it is below 2 again, 1. 995 . Asia following wall streets leadover night. You can see the nikkei closed down by close to 2. 25 . The shanghai down by 0. ....

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