Thank you guys guys. Stocks mostly lower this afternoon giving up an early rally as

earnings fed commentary and UK drama remains center stage. This is the make or break hour

for your money.

Welcome everyone to Closing Bell, I'm Sarah Eisen.

Take a look at where we stand right now in the markets.

We're lower.

We lost that earlier rally.

Actually, the Dow is as high as 399 earlier in the session. It's not extreme though in terms of the

selling right now. Down on the Dow about 82 points. The S&P 500 is down 3 quarters of 1%.

You've still got two positive sectors right now. Communication services and

energy. Communication services, you can thank AT&T for a change off better earnings.

That stock up almost 8%. Also, some of the media names, Brothers Activision Blizzard Twitter all working today

The Nasdak down about six-tenths of a percent higher yields are still the name of the game

those higher Treasury yields a sell-off in bonds check out today's earnings movers. Tesla pulling back after

a revenue and margin miss. We're going to have much more on that straight ahead. AT&T I mentioned

jumping after beating on both the top and bottom lines better outlook too.

IBM reporting strong results, higher revenues,

and American Airlines beating on both top and bottom lines

but the stock is moving lower.

And of course here is a look at the British pound, story of the day.

Giving up some of its earlier gains, though it remains slightly higher

as Prime Minister Liz Truss resigns,

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