CNBC Squawk Alley May 17, 2017
Getting hit the hardest, financials. The explanation there is the tenyear yield drops to lows. The low we are watching now is 217. Thats the low point of the year. We last hit it in april. There is clearly a flight to safety and out of some of the groups that have been winning the most, technology. Apple is one of the worst performers in the dow. In the dow. I am interested in how badly semi conductors are doing. Amd down some 8 . They didnt get more details on Gross Margins out of a company meeting. Invidia down 4. 3. Applied materials down 3 plus. These are significant moves in those stocks....