Shortterm virus aid fix both sides face more uncertainty. Shares of qualcomm as it does a deal with Chinas Huawei thursday, july 30. This is Worldwide Exchange here on cnbc good thursday morning im Brian Sullivan the busiest day of your earnings season the busiest day of the nasdaq even with those big tech ceos being raked over the coals again, it is early we are in the red right now. While also staying hot has been the yellow metal gold is up close adding the 2,000 mark we are down to 1,945 per ounce indicating the recovery will be at risk. Not only keeping rates low but will likely do whatever p it takes to make sure the American Economy is propped up as much as possible that could be bad for the u. S. Dollar and good for gold u. S. Futures are down. Lets get to some of your trades around the world and top stories. This is Worldwide Exchange, i am told. Lets go worldwide julianna tatelbaum, i think they call that a sea of red it wasnt a sea of red to start. We kicked things off the o
Both sides claiming progress joining us for the entire hour, Karen Finerman, ceo of metropolitan capital welcome. Thanks for having me. This looks like a strong way to end what has been a strong week for stocks. What stood out to you in the rally . To me its the volatility that stands out to me. Volatility both up and down. Im always long bias, no matter what, which is a blessing and a curse. To me this is a scary time i think im a little more in cash than i would be and desk y definitely more protected. I want to be more hedged. So youve been buying puts . Yes over the last week i think the volatility i think it doesnt fully reflect the volatility that is out there, the tweet that could come at any moment. Why do you say its a scary time to me trade is really the issue here, not the fed. I think what keeps cfos up at night is not are we going to get 25, are we going to get 50 its what does our supply chain need to look like, how much can we pass on, how much do we need to absorb. Thos
Confidence and on behalf of my family, here and gone, i accept your nomination to run as serve as Vice President of the United States of america. Maria name outcome of protests erupting out of the contest including a group that burned the American Flag. The latest on the security concerns as donald trump prepares to take the stage tonight. A tense situation in new york city right now. Police are in a standoff with the band reportedly threw threw a suspicious device at a police car. The bomb squad is on the scene now in new york. A headache for travelers, the glitch that caused 600 southwest flights to be canceled or delayed. Markets continue a record run. The futures this morning pointing to a pullback from another record high. The dow industrial hitting and more earnings this money from big names such as General Motors and Southwest Airlines. Well bring you those numbers. In europe, investors awaited decision from the European Central bank cut Interest Rates do in the next hour. And a
Seismic jitters about the middle east, central europe, u. S. Central bank policy, took a back seat to news from portugal. That countrys government threw a lifeline to one of its biggest lenders. That was enough to spark a rebound from last weeks steep losses. The worst in two years for the s p 500. Unwinding of short positions bets the market will fall a little bit today. At the end of the day, the dow was higher by 76 points. And the s p added 13. Stocks seeing a healthy bounce back, at least for today, a lot of people are asking whats driving the markets right now. And whats the mood among traders. It was the best day in two weeks for the s p 500, the rally began in europe where the portuguese government bailed out its largest banks, bond and stockholders took a big hit. Stocks started the week in the u. S. The absence of bad news for europe and the ukraine lifted commodities stocks. Energy stocks also rose as oil moved up for the first time in four days. For the rest of the week, tr