For our audience worldwide, this is bloomberg surveillance. Alongside tom keene and Lisa Abramowicz, im jonathan ferro. The s p is positive by 0. 2 . It felt like we were on the brink of a full Ground Invasion all we can. Tom im using the Live Services of all the different news sites and it just migrates forward, waiting. Waiting for what . You could see the politicians. I think the most interesting, jacking near to keep their options open. Jonathan we intended to follow this war through the weekend. Rockets fired at tel aviv and some in israel as well. Back channel talks between the United States and iran. Lisa there is a feeling of a frantic diplomatic relation, the idea of iran, who does not have any formal relation with the u. S. Having back channel talks, also having back channel talks in some capacity with israel. Nobody wants this to percolate out of control. And yet the pressure keeps building and no one can come to any resolution at a time where there are hostages, strikes and
Rebounding from the downward dog days, and bitcoins big bounce, whats driving the crypto climb, and a serious snap back for snap. I havent gotten to you guys yet. Is it a surge or just just poof, just disappeared like that. Im Tyler Mathisen in for melissa lee. On the desk, dan nathan, and guy adami, we start with the market jump. The dow up 314 points, blue chip index now up six of the last seven days. Nasdaq and s p 500 bouncing more than 1 , wall street embracing earnings season optimism and shrugging off those rising treasury yields which were higher today. Among the biggest winners, retail, the s p retail etf rallying almost 3 , solid rebounds, since its been down nearly 8 over the past three months. A lot of those names really limping. Another encouraging move higher in transports, rising 2 today, transports struggling since hitting 52week highs over the summer. And these gains today came even as yields ticked higher, so could this be the start of a seasonending melt up for the m
Player. And ferrari is brushing off the chill of the 2020 crypto winter. It is monday, october 16th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Im frank holland. Lets get you ready for the trading week. We check on the u. S. Stock futures with the s p riding a twoweek win streak. Futures are in the green across the board. Dow would open up 90 points higher. S p up. 25 . The nasdaq is up the nasdaq is up 1. 5 for the week. You see the down turn from the down day we were just talking about. It closed down more than 1 on friday. We are checking the bond mrarke. We start with the 10year treasury. Yield is 4. 68. Off the high of 4. 80 this month. Down 20 basis points. Important to know the 2year treasury is above 5 . Trading at the highest level since 2007. The 30year treasury is trading at the highest since 2010. This is a read on Inflation Expectations and Investor Confidence. It is not just treasuries. Investors are looking at gol
A rumor that was debunked that the sec had approved Blackrock Bitcoin etf application coming up in the First Exclusive appearance since the news broke we have blackrock Ceo Larry Fink. Larry is going to be here live in the back half of the show to give us the exact word on what truly is going on with the Blackrock Bitcoin etf, were the cadet in an extraordinary session as we head into the final hour of trade the Dow Jones Industrial through hundred 36 points, the s p nice move of more than 1 or 49 points, the nasdaq up 176 and look at the russell shooting higher by 1. 59 or 27 points but it is not so much the presentence gains that deserve the extraordinary description it is the fact that they come as hundreds of israeli tanks and hundreds of thousand troops en masse at the border and gaza in preparation for a ground offensive to take at the terrorist group hamas. Day ten of the hamas israel war which began on october 7 when hamas terrorist invaded israeli civilian enclaves in the fest
Shery you are watching daybreak asia live from new york, wellington and hong kong. Annabelle australia has just come online. Haidi asian stocks are set to follow wall streets gains in an effort to contain the israel hamas conflict. Israels defense minister warns of a long war as Antony Blinken returns for further talks. World leaders arrive in beijing for the belt and road forum. Facing an uncertain future as the economy slumps. Annabelle we had the open of a sx starting the day. The focus is on currency because we are keeping an eye on the aussie and kiwi dollars. Near lows against the greenback even though we saw a softer dollar in the prior session. Weve got rba Meeting Minutes due out later and that well plus understand why the new governor elected to keep rates on hold in our first meeting as chair. We had new zealand inflation data for the Third Quarter that came in softer than expectations, so it boosts the case that they will keep rates on hold at the end of november. And cut i