Kate Moore News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Welcome to squawk box. Im Andrew Ross Sorkin along with joe and melissa lee, becky is off the s p looking to open about 12 points higher. Well explain why some of this is happening and lets show you treasury yields as well the ten year note right now looking at 0. 931 . But maybe a little bit of an explanation coming up here, melissa . Yeah, some optimism Mitch Mcconnell said that compromised deal was within reach and well get a live report from washington at 6 30 a. M. And we heard it before, but it seems like btoth sides are comig a little closer. On a much lower number. And im just thinking...

For those two companies, it was a tale of two different big tech quarters alphabet has certainly been the laggard this year. Underperforming not just its big tech peers, but the nasdaq amazon has been a standout, 70 gains. Alphabet had a low bar and amazon had a high one. Did they deliver we can look at a number of metrics, what i want to drill down on particularly is cloud. These are the companys newer growth engines cloud numbers came in only in line with expectations revenue up 29 year over year. Love large numbers but google cloud, revenue was up 45 and now the company is going to break it...

Thematic global team if you were looking for big tech to come to the rescue today, youre going to have to look somewhere else that is your picture right now with the nasdaq getting hit the hardest, down more than 300 points, 2 3 4 look, this is not what we wanted people like me have been talking about the broadening of the rally. You were getting that but this week youve had the down side, which we didnt want to see of tech giving up gains its been the whole week, right. Microsoft had a bad reaction to earnings having said all that, i dont think at all that youre supposed to throw in the towel...

It today here is how things look now. We are in the green. Look at the small cap stocks the russell 2000 we are still coming off four down weeks for stocks. A pretty louse si month. Now, the s p 500 is on pace for its best two day gain since all the way back in june did you follow that kate moore w were in a four week down street were on our best two day stretch since back in june bp the volatile till has really grown. What are you expecting ahead im told theres an election in 36 days. Is it just 36 days . It feels like its going to be any moment at this point we have this down market there is...

Switzerland, surprised to see the news come from th the blog. Gently axel weber nudging this dialogue forward . Francine it is a publication that doesnt break that much news that often, which is why we are taking it with a pinch of salt, but we understand it was well sourced, and this will be a conversation spearheaded by the two chairman of ubs and Credit Suisse combined. That would be extraordinary. Tom for an american arlenes that for an american audience in the Early Morning for an american audience in the early one, could you imagine bank of america and j. P. Morgan combining . That is th...