Battlegrounds to watch in washington, d. C. Is senate is set to vote on the confirmation of judge Amy Coney Barrett after clearing a key hurdle over the weekend. Time to make the donuts. A possible 9 billion deal topping this mornings news that is sure to get your coffee brewing. Its monday, october 26th, 2020. Youre watching Worldwide Exchange right here on cnbc good morning welcome to the show im dominic chu kicking off your monday morning with stock futures pointing towards losses right now. As you can see the implied open for the dow is roughly 308 points to the downside s p is implied lower by about 39 and the nasdaq down by 129 points if these futures holds into the opening bell for regular cash Equities Trading the major averages coming off their first down week in the last three the nasdaq taking it the hardest with more than 1 loss on that side of things on the flip side, youve got the russell 2,000 small caps continuing its run higher. Seeing third positive week in the last f
The broader markets are approaching previrus levels. Passed . Or crisis has tiktok is seeking another legal and to curb the use of the out in america. Shery lets get a quick check of the markets. We are seeing u. S. Interest, on the market pretty flat. Had hopes for reelection preelection stimulus, and those hopes are fading away. We have mixed banking reports. The s p 500s song for a second session. Communication stocks are leading decline. As oil rose in todays sessions. Take a look at what oil is doing right now. It rose to the highest level in nearly one week. We got a weaker dollar. The u. S. Shares turned negative. It was a weaker dollar. We had expectations for supply declines in u. S. Inventories, and that really pushing the oil price higher. Lets see how things are shaping up, here is sophie. Stock futures are pointing to more losses, after it pulled back from a march hike. Japan watching reports in , and over in south korea, the agency they hit makes it trading debut after an
News cribber john solomon are here, joining me in the you 8 0. Earnings season rolling of on. Big banks on deck this morning. All the numbers as soon as they hit the tape and impact on markets. Broader markets pointing to a gain at the start of trading, dow industrials up 84, nasdaq up 28, the s p 500 up 10 o 10 poin. Yesterday stocks were sluggish over weak Quarterly Earnings and halted covid19 vaccine trials. At the end of the day, the s p 500 was lower by 22. Shiny now apple, the Technology Giant unveiling four new iphone 12s ss for your convenience. Coping tips from outer space, astronauts have isolation advice for the weary public and its making a buzz this morning. Mornings with maria is live right now. European markets in the green, take a look. The fq100 up 14, the cac is up 1 andahalf and the dax index higher by 15, fractional moves this morning in europe but to the upside. A mixed story overnight in asia, as chinese president xi jinping is calling for young People Living in h
This is the exact moment where Boris Johnson may be about to speak to eu leaders. We understand that most of it is virtual. We are expecting the Prime Minister to give his response on whether he is continuing to negotiate. There was that selfimposed deadline on october 15. We dont know whether he is happy with the progress or whether he thinks even if there is not progress, he still wants to give it a shot. Tom there is your update this morning. Lot, like about the map of the fisheries. Its like a big deal, right . In the north . Francine i remember being a young reporter a million years ago showing up in brussels and actually going to at the time, it was not much to talk about, but our editor said watch out for fisheries, because nobody talks about them. Its always a fishing problem, as we see with brexit in 2020. Tom there we are with your update. Ritika gupta just nodded off. Lets start the show with the bloomberg first word news in new york. Ritika good morning. President trump and
Cfo about why all the m a is going on and how billionsof dollars vanished in hollywood as the screening giant shuts down completely it is thursday, october 22, and this is Worldwide Exchange. I think video killed the video star, answer that the anyway, welcome from wherever in the world you may be watching. Thank you for joining us well get to that squibby story in a few minutes but right now here is how the Global Markets are setting up their day. Stock market, well call them done to maybe flat nasdaq a little bit in the green, all this after stocks closed down yesterday, dow slipping 100 Investors Holding out hope for a stimulus deal and also starting to worry more about the election more on that in a few minutes. Major indexes all on pace to snap their multiweek win streaks. Nasdaq down slightly more. And today well get jobless claims number out at 8 30 as they always are on a thursday. For the first Time Applications may be coming in at 875,000 like they did in the latest week. Las