Technology Bubble News Today

Good morning, everybody. Welcome to squawk alley. Im Carl Quintanilla with jon fortt a fortt. Weve seen risk off behavior in europe we watch both covid19 developments and system husband hopes. Dohm is going to break this down to start the hour. We were down in the early parts of the session so far. Just after the opening bell. 300 point decline. You can see here were still hovering near. 75 decline for the dow and s p 500 about 1 p as it has been for the past couple months now, the nasdaq has re...

Nasdaq up 151 points and looking to open about 31 points higher it has been a wild ride for investors all week the dow and s p are down over 2 the last three trading sessions the s p on pace for its worst twoweek performance the nasdaq has been a big mover. A lot to chew on after a tough week true, andrew. Tough in that it had been up so much we sort of glossed over september 11 19 years when you say it, dont you say, oh, my god, september 11 for you, it is about half your life for me, about a t...

Nasdaq is negative by 30 points. Our focus today on apple you see it on the right. Was in the green now its in the red. Pete, is apple vulnerable. Down 6 this week. Down 12 month to date yes its had great year. Is it now vulnerable like anything, theres so many different variables that everybody is look at as they decide to exit so many of the high flyers and obviously apple is one of those names. Thst no doubt it could be pressure on it i still believe in the company in terms of all the things ...

Workers. He said the democrats are still blaming america first. And washington and beijing hold talks on phase one trade deal with u. S. Saying both sides saw progress. This comes as chinas foreign minister arrives in europe today. 6 00 a. M. In london, 7 00 a. M. In paris, good morning to you. Have we reached the top . Have we hit the high . Were in a pecklative bubble. Morgan stanley said were hop hev top heavy, ann marie. And theyre worried about growth. Ann marie annmarie the sales force. Co...

Shortly. Onhave got hopes of progress a vaccine and signals that they are making progress in terms of the u. S. China trade tensions. Both of those really firmly supporting the risk rally that we are seeing. Let me show you the state of play with the stoxx story. The back ofming off record highs in u. S. Stocks. The good times might not last, according to morgan stanley. They are saying the market is vulnerable to shocks, especially rising rates. Treasuries are on the back foot as we speak. We a...

People disappear from westminster and it is quiet. You have been reading about the problems, and that is something on the social scene i suppose, and the controversy over which songs should end the problems, a musical event that happens every year. Of course it is much scaledback. I am preoccupied by the latest comings and goings. Tom we have Economic Data on thursday, jobless claims. What is the trend of the economy that you see . Right now in america aims to be almost a two art economy, very s...

Tom up mount marcy, down mount marcy, across saranac lake. Unbelievable. Jon ferro still on sabbatical. People say, why are you here . To be honest, its because i was moving. Theres a lot of that going on. While you were gone, we got some housing data. One of the things we got out there is a booming Housing Market with the haves. Lisa people who can buy houses will, although people who can be at work and avoid being tormented for being off for one week may do so. Maybe jon will prolong his vacat...

Tiktok launches a legal bid to stop President Trump from imposing a ban in america. He says the app is a threat to National Security and tiktok says the bands peer politics. The president marks the official nomination at the Republican National convention by criticizing mailin voting and saying the opponents his opponents want to steal the election. Shery u. S. Futures are opening flat after solid gains for u. S. Stocks in the new york session. Record highs for the s p and the nasdaq. We had opt...

General just moments ago upping the charges against Derek Chauvin now to seconddegree murder. The question will the others be charged with aiding and abetting . Were still awaiting that. George floyds death, the nation aweakening to the role Corporate America will play when it comes to leveling the Playing Field for all of our citizens. All that and so much more on making money. Charles all right, folks, the stock market rebound continues as buying spreading to more sectors tied to economic grow...

0. 769 a little lower than weve seen in weeks leading up to this. Joe, the most important thing youve said is it is friday. Is it friday . The days are all it has been months. And then again, it feels like one whole long day for the week. In this new bull market we are in we will see, hopefully. Three days im not saying that we are they make no sense anymore. I guess it is possible we could look back a year or two now and say, wow or as Paul Tudor Jones said. Are we opening he said we could prob...