Good Thursday morning. Welcome to another hour of squawk on the street. I'm Sarah Eisen with Carl

Cantania and David Faber live as always from post nine of the New York Stock Exchange. Take a look at stocks here in the early action.

We're a bit higher across the board. SMB is up a third of 1%. NASdax up 4 tenths of a percent. So we've got tech back in the lead

today. And treasuries, the trend has been higher treasury yields. And we've really seen that

post the last Fed meeting when the Fed cut 50 basis points. Looks like it continues again, just below

4.1 on the 10 year, on the two year, just below

that 4%. So we haven't really broken out of the range, but we are seeing firmer yields again

after better numbers, especially on retail sales. 30 minutes here into the trading session.

Here are some movers we're watching this hour. Shares of Taiwan Semiconductor rallying.

The world's largest contract chipmaker easily beating earnings estimates,

guidance, also topping expectations. We're going to go deeper into the semis this hour.

Shares of Elevins Health, though, getting crushed. The worst performer in the S&P right now,

down almost 14%. The insurer cutting its profit forecast in what it calls, quote, unprecedented

challenges in the

medicaid business and then uber and expedia are both on the move reports that uber has

explored a possible bid for expedia and what would be by far uber's biggest acquisition

ever more on that to come as well very busy dave sorry david what no sorry nothing

very busy day for uh ecodata let's get some more with Rick Santelli crossing the tape.

Yes, Carl, indeed. We're looking at business inventories for August, a Q3 number. If it builds, of course, we may add a bit to GDP, although I will point out that we get our first look at third quarter GDP on Wednesday, October 30th, right?

For Halloween, up three-tenths of a percent.

As expected in rearview mirror, up four-tenths becomes up three-tenths.

And all you Fibonacci guys out there, that means five out of eight readings and business inventories this year have been up three tens. And retail sales,

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