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Julie im not sure what he was doing in that car. He is a tall guy. Squeezee were trying to something out of the markets. Julie losses are accelerating as we head toward the close. Accelerating commodities selloff. All three major averages are trading lower now. The nasdaq losses have accelerated, down nearly 1 . Same goes for the s p and dow. Energy shares are doing the worst today. Energy shares as a group are down 2 , followed closely by material financials. At the same time, we have seen more selling in stocks, were seeing more buying in bonds. Rates are going lower today, 1. 87 , despite the fact that we heard from the federal reserves James Bullard today that he thinks it is more likelier than not that we will see a sooner increase in rates, but that is not pushing a great in the treasury market today p ushing up rates in the treasury markets today. We are seeing a steep decline in oil. Leg down coinciding with the leg down in ....
Into this final hour. We are starting to see some selling intensify here. We have to figure out whats going on here. The s p, to give people a sense of the broad market gauge, thats down by. 25 . The nasdaq is off by. 5 . The typical correlations having been falling into place. A lousy 30year auction today which sent yields skyrocketing. The 10 and 30. But that took its toll early on. We got to figure this out what this selling is about. We are tracking two stocks that are nowhere near their alltime highs. Tesla getting crushed today off almost 11 off earnings that were reported giving investors a reason to hit the brakes on this momentum stock. Stabilizing a little bit today, it is up. 5 . Remember it lost 20 of its market cap yesterday. Someone coming up on the program who says whole foods is still an incredible brand and the stock is a buy right now. Bull and bear time on whole foods coming up. Breakup, breserkshire hathaway. Warren buffett says no way. But it would unlock billions ....
Federal prosecutors said Onur Aksoy, 40, of Miami, Florida, sold hundreds of millions of dollars' worth of counterfeit Cisco networking equipment that made its way into schools, hospitals and onto fighter jets such as the F-15, F-18 and F-22. Aksoy also holds citizenship in Turkey. ....