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Good wednesday morning. Welcome to squawk alley. Our john ford sought side trump you toer in manhattan as the president elect meets with those tech ceos. It does bring us to our top story, donald trump hosting top executives from Silicon Valley including tim cook, cheryl sanldzberg and elan musk. What is the latest . Carl, the ceo of oracle just showed up about 10, 15 minutes ago. You might note it is quite a bit ahead of when we expect that actual meeting to be this afternoon. So interesting that shes coming early. Im trying to get some insight into what she might be doing here at this time of the morning. But its a meeting that is remarkable for the heavy weights of tech who are showing up. We mentioned jeff baez yoez, tim cook, larry page, Cheryl Sandberg from across the whole spectrum of consumer tech, social, En ....
In california this morning. Were thrilled to see them. Theyre going to be talking to a number of people in the world of business and politics. Well talk a little golf, see how joe is doing out there. Joining me in pseudo, our own Steve Liesman and book brusca. Then in the next hour, Jeremy Siegel is going to join us on set to make his bullish case for the numbers and then, nemo, the powerful storm taking aim at the east coast. Forecaster res warning it could be among the worst ever, more than two feet of snow possible in boston. Many cities are telling residents, dont travel if you dont have to. Airlines are now warning the blizzard could cripple travel and hundreds of flights have already been canceled. Were going to check in one on friends at the Weather Channel. Just a couple of minutes for their latest forecast. Also ....
now we are starting to go lower again here. overall a broad-base sell-off though. all ten s&p sectors in the red despite the midday rebound. sheer what the trading pattern looks like for the day. sharp sell off on the open. lots of selling out of europe, i can imagine. problems with greece going on there. then a she move back to midday levels. and now we are heading lower again here, down 98 points at 12,722. nasdaq down 22 points. decline of about three quarters percent at 2911 and s&p at this hour down almost 12 point at 1341. 1340 is the level to watch on that one there, maria. that s considered support for the s&p. dangerously close. we ve been watching shares of groupon today. apparently 20% ahead of earnings after the bell but today the company lost half ofity value since going public back in november. so this stock lost an incredible amount of value but ahead of the numbers after the close tonight. we are actually seeing some strength. groupon bucking the marke ....