Good Wednesday morning. Welcome to Spock on the Street. I'm Sarah Eisen with Carl

Kintania. We are live from post nine of the New York Stock Exchange. David Faber has the

morning off. As for stocks, are you gaining some momentum this morning, at least on the S&P 500,

up quarter of 1%. The NASDAQ doing better. SoQ is leading today up 8 tenths of 1%. The Dow lags down 200 points. And Treasury, some drama overnight, which we'll talk about with the Longbond, but there's buying. So we've got a little bit of reversal in yields. They've calmed down. The 30-year, 4.9%. The two-year yield lower, 3.62%. Today, a major

clearing event for Alphabet after a court ruling helped the tech giant avoid a breakup.

Top analyst Mark Mahaney tells us what is next for the company. And Treasury's Joe LaVorne

will give us his first reaction to today's economic data. Tell us more about the Treasury's tariff plan.

Plus, Fed Chair contender, Chris Waller, speaking to CNBC earlier today.

We'll get reaction from another Fed Chair contender, Jeffrey's David Zervos, right here at Post 9.

Let's get some jolts with Rick Santelli.

Hey, Rick.

Hi, Carl and Dee.

You are watching Neal's move lower on the curve and

that is primarily because job openings and labor turnover known as Joltz comes in on the

light side expecting the number close to 7.4 million this is July read comes in 7,181,000

that would be the smallest job openings number going all the way back to D's of 2020.

Now, if you look at factory orders for July, comes in exactly as expected at minus 1.3, which is actually the strongest number since it was positive in May at over 8%.

There is a revision in the rearview.

No, no revisions yet.

Fact you orders X-Trans up 610s, also exactly as expected.

Now when we get to durable goods, these are final reads.

We had mid-month reads.

...