Its ceo Michael Wirth will join us exclusively this hour tesla shares set to hit a new record at the open as the electric carmaker delivers its first china made model 3 to customers. 24 hours ago looked like the selloff might continue on monday and reaction to those middle east tensions but stocks did erase earlier losses to finish yesterday in the green. Major indices saw their third positive session we watch gold, jim, are we betting this is short in duration and limited in scope . You used to work for zilian i keep thinking about that word over and over again thats the word that define this is market. Because yesterday when we were down very bad, ugly down 200 dow points, the dow is down that much, it did look like the beginning of something big, and you know what you saw . Shorts pressing, thinking this is it, this is the big one it wasnt the big one and i almost feel like that unless something happens thats completely out of left field, if you read what iran wants to target, peopl
Of squawk alley. Good morning. Its 8 00 a. M. In san francisco, 11 00 a. M. On new york city, and squawk alley is live. Im listening to the kind of music she doesnt like neath shell never know your story like i do she wear short skirts i wear tshirts shes cheer captain im on the bleachers dreaming about the day that you wake up and find out what youre looking for has been here good morning. Jon fortt has the morning off. All hitting record highs this morning again as investors shake off the unexpected Election Results out of the uk antined uncertainty in washington. Were watching the vix hitting a 23year low. For David Rosenberg chief economist, david, are you surprised at the markets constant ability, especially this week, to brush off some big political shock, from comey to may, and reach report heights yet again . I think that the market is certainly heading into really expensive terrain, almost pressing against a 19 forward multiple. But remember what bob farrell told you and the t
Street, the trading perspective. Roger from the economic perspective. Well bring you the results as soon as they are released. Kate kelly is standing by with all of that. How about twilio soaring on its debut. Its just under 28. Granted thats not saying much. But a hello they debut here for twill owe. Well discuss whether it could spark a new rush. Wow, did they leave money on the table. I dont know. In this climate . Priced above the range. Its the indication. Its a Business People can understand and theyll like. We will see. Lets start with our full Team Coverage of the historic brexit vote. Everybodys in london this week. Wilfred frost has the latest numbers for us. Kayla tausche also and sara ice never. The betting has moved. We were as long as 7 1 for an exit. Its now 5 1, implied probability expecting to remain, 83 . But a slight improvement. They havent had any polls for quite some time. Now its 4846, leave. What does the next few hours hold for us . As you said, polls close 5 0
Talked about it. Cooler heads prevail. Probably stay in. I i dont meant to if thats the point. Many of these types of discussions Going Forward. The first crack in my opinion, in the eu and leading to many cracks down the road. Not the first crack at all. Weve had greece, potentially a vote in spain. A number of different places wherein, in fact, what most people should know, if though dont already, the eu ranks et in terms of euro skepticism. Mypoint, we know that europe san imperfect solution, that these guys are going through major issues on migration. Certainly going through issues on their various economies, but to say were going to be in this brave new world because britains gone to the polls. Think about it wait, wait. I asked a question on top and need an answer. In our out . Of course in. All right. And this poll isnt legally binding. Voted by parliament then, even on a exit, theyll be in. In with conditions no matter what happens, my view. In or out . I see see you and made t
The uk to vote to stay in the European Union, even though polls in recent days have characterized the vote as a coin toss and reports say there are deep divisions throughout the country. As weve reporteds market held captive by the vote moving higher with every poll that favors stay and twitching lower with every one that favors leave. Today the Dow Jones Industrial average closed back above 18,000, gaining 230 points, the nasdaq eed added 76 and the s p 500 rose 27. A final outcome of the referendum wont be known until early tomorrow morning but a new poll out tonight and we have the reporter polls in the uks historic vote on its membership in the European Union close 10 00 p. M. Local time. The vrs first indications coming from polling firm puchlt gov, the poll carried out today of around 5,000 people have not an official exit poll suggesting remain is just ahead. 5248. The same companys last poll was a riding of 5149, suggesting a slight increase in recent days towards the remain ca