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What's On: Getting Defensive, Talking Tech and A Hot Jobs Market

Getting defensive. That's just what we're talking about on Thursday's "Squawk on the Street" starting at 9 a.m. ET.

Will the utilities and pharma sectors provide a little cover if the market takes a hit? We’ll assess the situation by looking at stocks like Consolidated Edison, Exelon, Constellation Energy, Abbott Labs and Pfizer .

Meanwhile, BMC Software recently acquired Coradiant to gain additional exposure to the “cloud.” Can the $8 billion market cap company compete with tech giants like IBM and Oracle, though? The CEO will join us on the big show.

Also Thursday morning, big news for the price of your house.

If you're looking for a job in Silicon Valley, you may be in good shape. While the U.S. unemployment rate sits at 8.8 percent, Silicon Valley is one area looking for new talent. Tune in to see if companies like Yahoo! , Google, Intel and Apple will be taking your resumes.

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The weak jobs market is not hurting the rich, though. A new study shows the rich are getting richer. And globally, emerging markets are minting out new millionaires faster than developed markets. Could the growing wealth gap create the next revolution in developed countries, like North America and Europe? Click here to tell us what you think.

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Squawk on the Street comes to you live from the New York Stock Exchange each weekday morning at 9 a.m. ET.