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Good wednesday morning welcome to squawk alley. Im Caro Quintanilla with jon fortt. Deirdre is with us for the hour. Nasdaq is trying to come back after a couple of days of losses as we turn our attention once again to covid levels in the United States. Were going to start the hour, though, with alibaba, a big drop for the stock despite these new sales records on this singles day. Hi, eunice hey, carl live streamers in china are wrapping up whats been a very long day pitching to Chinese Consumer...

The territory it is occupying the region were trying to peace and harmony. Also stepping into the ring donald trump and joe biden face off for the 1st time in the u. S. President ial debate. And with Valerie Still gripping a political crisis the french president meets the countrys self exiled Opposition Leader and agrees to mediate in negotiations. A warm welcome to you this is our c. N. N. International with me. Our top story the u. N. Security council has called for an immediate end to clashes...

Tiktok bid jim, we will start with the retail numbers lowes is a good one to start with, its been called depots quarter on steroids today. Look, i think that Martin Ellison has taken a Company Making it anything but an also ran. 35 camp is terrific hes really got finally hes got the e com down Marvin Ellison is a turn around man par excellence and this is an amazing quarter we dont want target to overshadow it too much because i like the stock and i love the fact it wasnt up big early on its a b...

That china would take more measures to bolster its economy. Companies from adidas to tyson are spelling out what the impact will be on their bottom lines and the pace of homebuilding fell less than expected and it surged to a 13year high our closer today, with the debate just showers way, former chair sheila bair willbe here to discuss a wealth tax, financial transaction tax and how markets are responding why she says as a republican shes voting for warren. Thats all coming up after the bell joi...

Should change it swept up but he leaves the door open to further told with the u s. Ill call the police and fire tear gas to disperse filing time to government protesters and arrest hundreds this after hundreds of thousands took to the streets to call for greater democracy. Im phil gayle welcome to the program. As wildfires rage through australia 7 people have been confirmed dead over the last 2 days and nearly 200 homes destroyed this brings a death toll from this seasons blazes to 17 the bigge...

Down from yesterday. We can see the glaring red in australia, that is what is following the u. S. Treasury move we saw overnight. 10 year aussie bonds up 10 basis points. They yelled at the moment. Yield at the moment. Take a look at treasuries. Yield, we areear well above 2 at the moment. We are slightly lower in the asian session. 2. 13 for your 10 year yield. With the japanese 10 year, jjb at 10 basis points. Speaking of the trade data, it hasnt looked pretty in china. China,prise index for e...

Pharmaceutical ingredients, of which 95 of imports of ibuprofen are from china. I just want to lay that out for this administration to consider. I think it is another opportunity for us when we talk about nearshore rain and friendshoring, that could be a good strategic partnership. The committee stands and recess. Thank you. The committee will come back to order as you know, ambassador, trade policy is incredibly important to me and my district and my constituents. I represent the heavy agricult...

The king of bahrain. Andreevka was liberated, a new success of our dpr defenders and details assault on rabotina in the zaporozhye direction. Interview with fighters of the dnepr group. They raise the stakes. Secretary of state blinken proposes that the white house allow the kiev regime to decide for itself how to use american weapons and what kind of strike map was shown in congress. Reasonable progression, parliamentary hearings to customize the tax system, a proposal for participation in the ...

Santoli. The initial shock has given way to, oh, wages didnt rise as fast. Thats what the fed really cares about. Absolutely. Offsets within the data as well as i think that initial reflex Market Action tested the bounds of where weve been in stocks and bonds over the course of the week. 488ish on the 10year yield, touched it and came back. 4216 on the s p. The intraday pinball, that was a successful test. Beyond that, i do think that, you know, the markets unwilling to extrapolate this pace of ...

Principal economist, and also chief Market Strategist with dyna. And also a portfolio manager. Great to have you three here. Ron, lets start with you. Yeah, take this where you will. Im tempted to say it is a sign good news is good news again, although plenty of people are maybe looking through it and questioning just how much to rely on this report. Yeah, i rely on it. I know Carl Quintanilla brought this up this morning, there are concerns about the sample size and number of respondents and Pa...