States. Hes at the Scranton International airport just outside the hometown of his opponent, joe biden. Former Vice President biden, step for step in pennsylvania at this hour. He just wrapped up an event in monaca, and will be heading to pittsburgh for two events later. Both candidates hoping lastminute stops in the keystone state will be the key to victory tomorrow. Lets curate crucial charts and numbers for you. The gravitational pull for stocks going both north and south, although with the nasdaq we look like we are going to go back up north for the moment after suffering its worst week since march, you can see the Dow Jones Industrials back on track for the bulls, up 423 points. Of course, on this first day of november trade, you have the nasdaq whipsawing up and down. Right nows t its down three points. Low of the session, a loss of 80. A high of 159. Trying to figure out the direction for that index. The vix or wall street fear gauge complacent at this hour. It actually, as we l
So as we await those developments, weve got the dow, lets check it here, up 52 points. The s p better by 15. The nasdaq, up 58. All three of these indexes were down double to triple digits earlier. Right now, the nasdaq has been on fire. Now, since the march lows, its been the winner, right . The home of apple, facebook, microsoft and so many of the tech blue chips is a stock that is up. Nasdaq ceo is here to tell us where she sees big tech and all the other sectors in the nasdaq heading in the near future. And what might happen after the november 3rd election. Plus the zillow cofounder is not house hunting, hes Company Hunting. Hes here to tell us what hes looking for for his blank check company, his spac called super nova which just blasted off. Selfdriving cars, speaking of blasting off, roaring into the future and the present, hitting the streets of San Francisco without a backup driver for the first time. Gms cruz ceo here with how its going and should he convince you guys to get
Strengthened antiMoney Laundering levels. Rising virus cases across europe as the u. K. Government says it cannot rule out a second lock down and the white house grants tiktok another week to seal a deal with oracle and walmart as President Trump gives them his blessing but says they must create a 5 billion u. S. Education fund. It will be a Brand New Company and it will have nothing to do with any outside land, any outside country. It will have nothing to do with china. It will be totally secured well, a very warm welcome, everybody. Lets kick off with a look at markets. It was a brutal start to trade you have the dax trading down more than 2 the ftse underperforming down by 2. 5 and the cac 40 coming under massive selling pressure and a couple of sectors baring the brunt of the hit amid concerns around rising case numbers and further lockdowns across europe and the u. K. In particular and then the Banking Sector taking a hard hit down more than 4 and a couple of banks in focus but th
Shocking news, an outspoken founder leaving the company. And beta bearing down on the gulf coast as they brace for another storm. This is Worldwide Exchange right here on cnbc good morning, good afternoon and good evening thank you for joining us to start your week and lets get a check on your monday money and its looking like the sell off we have seen recently. Its early but stock futures are down 500 on the dow. Nearly 200 on the nasdaq theres a ton of news out there today. Well get to all of it in a moment but theres two big and important things happening that you have to Pay Attention to right now. Number one, the s p 500 has fallen three weeks in a rowand it just flows below its 50 Day Moving Average for the First Time Since april two, the biggest stocks are beginning to underperform. Some of them meaningfully. Take a look at these the s p 500 dropped 5 this month. But the biggest tech names, names that you know, theyre down 11, 12, 13 apple, down 19 in the month of september. Rem
To beat this disease maybe it even needs a bear market which is where we are today and the dow plunged and s p and nasdaq nose dived 4. 7 coron as coronavirus is a Public Health crisis wreaking havoc all over the country and it hasnt effected that many people yet but we know it will. And we thought we could keep it out and then thought it could be contained and then as it kept spreading we were told there was no big deal. Theres so few cases and so few why all the fuss and we discovered the Term Community spread we heard about the outbreak in Washington State and then the suburbs of new york and then the fiasco it dawned on us when they say novel as novel coronavirus, novel means we have no immunity to it. We have no vaccine if you dont, try not to get it. We have no tamiflu once you get it were all against this unseen nightmare. Novel, steven king novel all right. Were cancelling big Public Events what happens next. The two ways to do this, two ways to play it, pile on once again and