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Good wednesday morning welcome to squawk alley. Im Carl Quintanilla sara eisen is here as well the dow is down 59 points following the best day since april. And techs best day in just over a week nasdaq is now lower for four of the past five trading days for more on all of this, we are joined by the chief Investment Officer john rutledge. Good morning, carl. You put more credence on the action yesterday or today, john . I think the risk is the thing you have to watch out for. So i guess that mea...

This comes as a relief to a lot of people around this country. Sheriff joe had a career that spanned over two decades. He was tough on illegal immigration, facing six months in jail after conviction with no jury. I think a lot of people would be very relieved to see a pardon. He wasnt just beloved in arizona, but people around the country feel he was being treated unfairly by not being given a jury. We will see what happens there. Trump definitely pleased supporters at the announcement. Lauren t...

Nafta commission on the government of the border wall is not funded and he was critical, very critical as Senate Republicans for not passing his agenda appeared on that issue, the New York Times says the relationship between the president and republican leader Mitch Mcconnell has fallen apart. , but the president can salvage the presidency and august 9th became a profane shouting match. That split is not good for taxcut legislation. And its not a plus for the stock market. Down in the opening be...

Peninsula. 82 san jose. Thats spot on for this time of the year. East bay numbers 90s at the delta. Increasing winds late day up to 20 and 25 miles per hour. North bay numbers at the 80s. Good morning. Its been a busy start to your wednesday morning commute. Take a look at interstate 80 westbound direction. We are tracking a major backup all due to an earlier accident. This is near Central Avenue all lanes reopened but that backup is stretching towards mcdonalds so you need to give yourself some...

Valley and santa rosa. Were getting a good push on the fog. Which means it may be a couple degrees cooler today. There is a delta breeze. Not roaring but it is there. Thunderstorms over the sierra. Except for north of bodega bay, were looking for a pretty good fog bank that will take the peel back to the coast later on. Thunderstorms erupting over the sierra. The low has been keeping our weather tranquil here for a couple days. It will kick out on friday. Warmer weather on the weekend. A few 60s...

Our sky scan and no shortage of lightening worse by 12 30 this morning. Fire officials believe lightening sparked this overnight house fire in sellersville bucks county at height of the storm just after 12 30 on the 600 block ofe temple road, flames were contained to mostly upper floors, fortunately there were no injuries reported. We are getting reports of the down trees so lets check with meisha and Chelsea Ingram , good morning. Good morning. So great to have you with us this morning. So much...

Barely any rainfall and its just starting to move into montgomery county. Just moving through chester brook on the way to norristown. You see a few sprinkles but you might get away without an umbrella because most of the day it will be clear. Theyre seeing some breaks in the clouds over Lehigh Valley. Reading is about to get a little more rainfall before you see that sunshine take over. Easton, you can see the clouds have broken, the glow of sun light. Once it comes up well see temperatures clim...

Righters is reporting that softbank is preparing to approach tmobile. David faber has been covering this story. He joins us at this late hour at post 9. David, what is your take . Interesting. Excuse me while i get rid of that phone call. I really wanted that phone call, too. That was the key one. Why right now . Why right now . But, you know, kelly, i cant confirm what is being reported by reuters specific to whether or not they are preparing to approach tmobile. That thing, softbank which cont...

Happy friday to you, im frances rivera. A potentially lifethreatening storm is expected to drench Southern California with the heaviest rain in six years. Lets get to meteorologist Bonnie Schneider who is tracking the storm. How bad is it going to get . Very bad. Its just beginning now. The Flash Flood Warning in effect as we watch the rain work into Southern California. The watch will go straight through saturday morning. Watch for mudslides. This is going to be the strongest storm of the seaso...

Lawson muse. Were following breaking news, a complicated story happening right now in last half hour. White House Press Secretary sean spicer responded to a report from the Associated Press that report says the president is considering using National Guard troops to round up undocumented immigrants. It says the plan could involve as many as 100,000 troops. However, spicer says that report is quote 100 not true. Its false. Thats a quote. The ap says asked the white house for comment before publis...