For boeing from one Major Airlines ceo. His comments coming up in a cnbc exclusive. Later on, the stock that could replace tesla in the magnificent seven and why today may be the opportunity to get in at a discount price. It is friday, march 15th, 2024. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Thank you for being with us on this friday morning. Lets kickoff the hour with the check of the u. S. Equity futures after the first down day for the dow on the last four on the back of the ppi. The dow implied higher by four points. S p by three points. The nasdaq down by eight. Very, very steady for the time being. Heading into the final trading day of the week, the major averages are holding on to thinner gains. 50 gain for the dow. S p is in a similar move and the slight discounted gain for the nasdaq. You have to not so far for the nasdaq 100 overall on pace for the first backtoback weekly loss since october. Checking on bond market yield
Notched the first record close since november of 2021. It was up. 90 . It wasnt the only index to set a record. S p was up, too. The 14th record of the year. The dow broke a threeday losing streak and trading off. 75 . Nasdaq 100 set a record yesterday. If you look at treasury yields on this first trading day of march, you see the tenyear yielding 4. 227. Twoyear yield at 4. 58. And Congress Passed the shortterm funding bill sending it to President Bidens desk last night. It averts a partial Government Shutdown that would have happened this weekend. It is part of the broader bipartisan deal to push back the deadline for 6 of the 12 spending bills tofund the agencies until next friday and the remaining six until march 22nd. New York Community bancorp shares plunge after replacing the leadership. Leslie picker has the latest. Reporter andrew, good morning. The latest news is just salt in the wounds of investors who held on to new York Community bancorp shares through the year. The stock
Morning. This bloomberg surveillance. More than a decade since the last one, s p Global Rating the gene the top rating for u. S. Of america. Fitch follows up after the close yesterday with this quote, the written downgrade of u. S. Reflects the expected physical deterioration over the next three years. The erosion of governance relative to aa and aaa rated peers. Whether it is justified, and if it matters, are two different questions. Lisa i would agree as this is the second Major Company to downgrade u. S. From aaa rating. The response arbitrary and based on outdated data. That is janet yellen. Larry summers the idea that it is a decreased default risk is absurd. Here is the question, is there Something Real behind this in terms of how much Interest Rate expenses are going up and like a convention there is on capitol hill . Jonathan theres governance issues u. S. Has that is inconsistent with other aaa rated peers like germany. Lisa i would agree because we were talking about u. S. Po
To the red sea shipping risk . And bulls waking up with new reasons to wake up early. Its tuesday, december 26th, 2023. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Hope you had a Great Holiday weekend. We kickoff the hour with the check on the u. S. Stock futures after a long Holiday Weekend. Taking a look right now and the dow is looking like it would open up 70 points higher. Nasdaq and s p the solidly in the green. Wall street is coming off another winning week. The dow extended the win streak to eight. The longest since 2019. And s p is up as well. The big part of that story is big tech with the nasdaq up more than 50 this year and on pace for the best year since 2009. Ahead of the open, it is. 50 away from the alltime high. We focus on the tenyear yield at 4. 88 this year. And this is the wti check coming in at 73. 30. Down. 30 . Brent crude down 79 a barrel this morning. With europe closed for boxing day, we are checking o
And chinas Country Garden appearing to avoid default and making payments on its debt. In washington, d. C. , lawmakers are set to return to work with a very lengthy todo list. And President Biden weighing in on a potential strike by u. S. Auto workers. The positive prognosis he is giving. It is the day after labor day and everyone is back to work. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Im cdominic chu in for frank holland. Lets check on the futures following the long holiday weekend. We are off a bit. Dow jones industrial average implied lower 50 points. S p lower by 11. Nasdaq down 71. Checking in on the bond market right now, yields in focus here. Relatively steady around the 4. 2 for the 10year treasury note. Currently 4. 216 for the 2year treasury. In energy, oil prices are stubbornly high, but off a bit this morning. West texas intermediate is off 18 cents. Brent crude futures are d down. 23 . Nat gas prices off 5 right now a