Employees. Bank of america and Morgan Stanley among big banks reporting. Dow component Johnson Johnson right here. Futures in the red. We are standing by for retail sales and jobless claims this morning at 8 30 a. M. Eastern. Stocks edging higher, Investor Sentiment over covid19 vaccine pushing markets into the green. The dow industrials up 227 points, nasdaq up 62 and s p up 29. The state of travel today airlines in the midst of a sharp downturn as pandemic fears keep travelers grounded at 7 30 a. M. Eastern ill be joined by ceo of delta edward bastian. Plus this, drink up, how moderate Alcohol Consumption can protect against cognitive decline. Mornings with maria is live right now. Maria european markets on the decline. Standing by for the ecb decision for the next hour, rates are expected to stay unchanged. Ftse 100 is down 36 points, new data this morning from the uk shows half a million workers were furloughed in the month of may. Thats in response to the pandemic shutdown. This m
Are moving slowly. Were down 1. 5 on the s p with one, two, three four sectors down more than 3 as we stand. Coming up on todays show, a rare and exclusive interview with the apollo manager and ceo, leon black well get his tack on this volatile market. Plus the big push with air mark to support new York Health Care workers. Well also speak with germanys minister of health as that country grapples with when and how to reopen its economy. A a better performer in a relative sense with handling the virus to come European Countries and coup tris. Lets focus on the big stories bob is tracking the sell off meg has new details on the rush to find a treatment for the virus. Phil is watching the airlines. Brian sullivan covering the historic opec deal its lack of impact on oil prices so far bob. And a great rally of last week, 12 on the s p fizzled a little today, but no surprise. Let me just show you today so banks were going to get earnings tomorrow. No surprise ch banks usually wilt a little
Earth if theyre looking for inflation. Its wednesday, july 17th. Worldwide exchange begins right now. Good morning, good afternoon, good evening and welcome from wherever in the world you may be watching. Im Brian Sullivan thats shot of the beautiful u. S. Capitol in washington, d. C. Thats where facebook will get ready for a second day of testimony over its contested libra Digital Currency well go there live in a moment. First your markets and the global money stock futures are slightly higher now dow futures are in the green, up about 30 points now. The dow, s p and nasdaq failing to close at record highs yesterday. The blue chips turning in their first down day in the last four. Bond yields remained steady. The tenyear yield is trading at about 2. 10 . Exactly on the tenyear. Around the world, you look at asia, a theme the last few days. Not a lot of big market swings japan reopened down 0. 3 you could see slight moves here. A similar story in europe. Not a lot of numbers on the mov
Unexpected rant about gridlock in washington. Boy, was he well hear what he said. Well let you listen to it. And wells fargo shares are under pressure after the banks disappointing revenue numbers. The companys cfo will join us. And after the bell, paypals chief executive officer will join us in a cnbc exclusive. That stock hitting an alltime high earlier in the wake of its new apple partnership. Well get more details in the next hour. Lets start though with this news that broke in the last hour regarding sprint dow jones reporting that the Telecom Giants chairman engaged with Warren Buffett and cable mogul john malone about a cable investment those talks reportedly happened in sun valley, idaho, at the ellen and Conference Company conference where Julia Boorstin has been packing up and getting ready to go and hang around, julia. There may be more news breaking here so we all know that they were there but you havent been able to confirm whether the conversations we were talking about t
About 0. 6 hang seng down almost as much. The shanghai turned in a positive day up by 0. 1 and in europe, in the early trading, at least at this hour, you will see that the markets are weaker as well the cac is the big loser down about 1. 4 . You can see declines of over 0. 7 for the dax, similar decline for the ftse alltime low on the fix yesterd vix yesterday. We kept saying complacency we cant go down suddenly the nasdaq is up. Midday reversal. Everybody told us yesterday that for some reason the vix wasnt the indicator it used to be for volatility or for complacency. If its an alltime low, dont you think people are not worried about anything doesnt that usually set things up for a rise in volatility. My god these things can move around vix up 6 yesterday. We want to get to washington we have breaking news overnight. That could add a bit to the vix. Senate republicans failing to repeal obamacare in a dramatic latenight vote on capitol hill. Kayla tausche has more reporter it was a l