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It hit its highest level since the election here in the u. S. It is calm. The dollaryen pretty much goes nowhere. The vix is down by over 1 . Gold, which you would think is a real safe haven bid, is going nowhere. Jonathan and just a moment, the Prime Minister of the u. K. Will be heading over to Buckingham Palace to meet with Queen Elizabeth ii. This is largely seen as a formality. Its historical theater. She does need to form a government. She will have to reach out and she has done that with the ireland Unionist Party to form a government. That will happen. It she has to do this is the head...

The lowest level since the end of april in the stocks. Led down by technology companies. ,overeign bond yields are your final two columns. Sterling fell by 1. 6 , which boosted the ftse 100, the more domesticcentric. All three indices are falling ponder thevestors a, primary search recent may, and b, of a, Prime Minister theresa may, and b, the path of brexit. They need to pay a premium of roughly 105 basis points. On friday, the premium reached as wide as 194 basis points before closing at 130. Sterling is lower. Option traders are less bearish. This is certainly one of the chart of the day. ...

Good monday morning. Welcome to squawk alley. Obviously watching the markets this morning some of the big tech stocks taking out their loss from friday as they are under pressure for a second day in a row. Analysts issued a rare downgrade for apple saying the stock has limited upside potential fang is under pressure we thought friday was a one day dynamic, some of these names are proving otherwise. A bit of a rebound, though, in tech. I watch a grouch tech stocks and i was looking at one points in the 10 00 hour there were about 39 of them that were down 3 or more im looking now and its six ar...

Answer to the question how long is this unravel going to last . First of all, these are intriguing levels. The problem is as we were talking about during the break before we came over is that we had some fabulous bounce offs in the morning, but anybody who bought those in the morning who was brave enough, it was scalped now and take period of time, i care more about what happens between 245 and 3. Its too early really got to be in there just wait a little this was a huge bounce if it gets ugly for these names they have the auto desk just gets such a great quarter. Theyve withbeen waiting and w...

Happy friday welcome to Worldwide Exchange on cnbc. Im sara eisen im mike santoli in for wilfred frost. Before we get to the markets, breaking news to tell you about. The Russian Military says it may have killed the leader of isis in an air strike in syria. The Russian Defense minister says he may have been killed in an air strike late last month just outside of raqqah the u. S. Is not confirming these reports. Well continue to follow developments on this breaking story. Now we can check on the Global Markets. After another selloff on wall street, tech stocks moved lower yesterday as has been ...