 And welcome to the 2 p.m. Update with me David White here at TFNN of course as we Really just taking a big step back and waiting for chairman Powell to make Comments I don't think anybody is going to be surprised when he remains rather Hockish we're down what 10 points on the S&P cash now something like that and Just kind of light and variable NASDAQ of course down a little bit more down and 54 points or so half a percent but probably on hold until then not a lot of reasons to get too excited of course we are on the cusp on the eve of fun Buying but generally not a lot of people wanting to be too brave in front of what Chairman Powell is going to say so it's a lot of hurry up and wait we continue to See some of the bigger techs stocks that have been down for a while like Apple Down another 2% today Microsoft not so bad Dan about half a percent but a lot Of people a lot of reasons for Apple to probably be weak and that probably should Factor in to anybody trading the indexes as they are the biggest single Contributor to all the big indexes the Dow the S&P the NASDAQ the NASDAQ Composite they literally infect everything and it's a hard day to get a market up When Apple is down as I said 2% some of the other ones out there that we're Going to talk about on the show today is Intel they've come out with some new Server chips we'll talk a little bit about that and kind of as AMD used to Be kind of a joke in the server business they did have some business but it Wasn't much Intel only up into about 18 months ago owned about 90% of all Server business I think that's going to change fairly quickly we'll be back in A minute and we'll have go on with the show the reality