What do you have coming up, and hows the weather . So far, so good on the weather. Actually last time we were doing it outside on the island. Today were doing it inside on the off chance the weather does worse than it has been. Were at the annual Sports Complex conference going on. We have a huge lineup of guests throughout the broadcast. Bruins ceo george pine is going to be with us and arcs cathie wood. We can have a debate about bitcoin with her. So much going on in her world. Then well have a conversation with ceo ted leonsis who weve been talking about because hes been involved in that deal in washington, back and forth. And at 8 15, an exclusive interview, First Time Ever on cbc, steve cohen, now, of course, the mets owner, but maybe better known to those on wall street as the chairman and ceo of point 72. So many folks in the sports world. We have many of the commissioners from all over the league. I think we have michael rubin, arod, i saw last night. Corbin is trying to buy th
Isnt lost. It may be found. What do we think about where we might go . I think were still stuck in a range, were battling with the emotions of feeling better, seeing corporate earnings do better than we expect. Were seeing goldman say things like, hey, were decreasing the chance of a recession. Then were fighting the math on it. I dont see how the multiple on the s p gets above 20 times. With that you have a heavy cap on the market. Were stuck in this range and it might take time to get out of it. Investors are impatient. Theres so much we still need to digest. Were digesting 18 months of rate hikes, the fed reducing their balance sheet, the inflation reduction act, unemployment levels that are changing, inventories. Everything is distorted. We want it to happen all at once, get back to high growth but its important to do that. I think were stuck. Joe, are we stuck . I think it rallied from the 4 low. Youve built in a cushion. I think jenny is on to something. Weve priced in the fact t
Evolve, and heres how policy evolved should occur, but you have to maintain this ready position. Teslas stock hitting a reverse, losing around 30 billion in market value. This is after deliveries declined for the first time in nearly four years. Disney reports it secures enough votes to defeat nelson peltz. Its set to meet with the gm later today. And the swiss re ceo will hands over the reigns later aspergeas b b b berger is sets to take over in july. Lets start with the big board and show you whats going on with the european markets. Lets bring up the board. Weve got the ftse 100 down at a downside of half a percent and the ibex in spain. The citi sitting there as well as switzerland. The u. S. Futures saw quite the soggy day with the dow posting their worst day since the 5th of ma march. Also backtoback losses. You can probably point to whats happening with yields as the culprit here with the 10year hitting the highest since november. Weve got more data coming out overnight in the f
Previously targeted. Ed we take a look inside while way quality haiway. How digital regulation is going to be unveiled in terms of the gatekeepers. Lets check in on the markets. We are getting reality check on what is a macro picture that is ugly. The 10 year yield rising after a day of rest and play in the u. S. Trade picking up as we see more investment. I am looking at the bloomberg dollar index. Dollar higher at the moment as it tries to find work safety in the current macro picture. Also the Federal Reserve will be keeping higher rates for longer. We look at what is happening in terms of bitcoin, when you see the dollar outperform, down by one third of a percent. Getting into the needy gritty of the movers. Ed we were talking about how there is not that much action. Airbnb of 6 , the best performer in the nasdaq 100, news that it will be included in the s p 500. With huawei, we will bring you something fascinating. A move to the downside is the theory being that if huawei gains ma
And company. Shares of Donald Trumps social media falling yesterday. The staggering stat on how much of value the former president lost in the wipeout. Our look at the best ideas for q2 and beyond. The magnificent seven member our next guest says will keep delivering returns to shareholders. Its tuesday, april 2nd, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you for being with us. Lets get you ready for the trading day ahead. We kickoff the hour of the check of the stock futures after the mixed start to the trading week. The dow and s p posting the neg negative. The dow would open up 170 points lower. We will watch that throughout the morning. And the bond market with the yields popping on the back of the pce report and hfmanufacturg data. This is more than ten basis points higher than yesterday from the premarket. Another thing we are watching and talking about during the market discussions and we are checking oil.