that was alan patricof, primetime partners.u back to the fed event, jay powell making headlines as he speaks in amsterdam, saying that trade policy is a hot political issue and not the job of the fed. not controversial to say big deficits should be dealt with sooner rather than later. we will of course continue to monitor the event and bring you headlines as we have them. let's take a look at how the markets are reacting with abigail doolittle. abigail: mixed markets at the moment, s&p 500 turning down fractionally. if it has to do with powell comments, i'm not so sure about that. equal index less weighted towards tech, outperforming slightly with the nasdaq 100 about to follow the s&p 500. take a look at where we had the big outperformance. the russell 2000 up. a lot of it has to do with the meme rally. meme stocks on the day, gamestop is 100%, double on the day after gaining 74% yesterday. amc, soaring of course on the possibility that roaring kitty, whose name is i believe kevin or keith, a big part of the meme rally, maybe

primetime founder alan patricof joining us to talk about thatened a the tech.t. axios co-founder mike allen will join us. "squawk box" will be right back. with tailored education. get an expanding library filled with new online videos, webcasts, articles, courses, and more - all crafted just for traders. and with guided learning paths stacked with content curated to fit your unique goals, you can spend less time searching and more time learning. trade brilliantly with schwab. something amazing is happening here. students are inspired and engaged. that's because school districts consulted with cdw to design modern classroom solutions with preconfigured hp devices making education immersive, accessible and secure. now, when researchers study elephants, kids learn from 9000 miles away. make amazing happen. hp and cdw. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> welcome back, everybo