Covid19 virus it is monday, april 6, 2020. You are watching cnbc. Good morning welcome to the show. Im dominic chu live at cnbc headquarters dow futures pointing toward a surge at the opening bell. If all things hold true, we could see an 838point gain for the Dow Jones Industrial average, 101point gain for the s p 500 and 320point gain for the nasdaq a big surge after down moves last week. Also keeping an eye on the bond market as well we are seeing some movement there in terms of yields on benchmark u. S. Treasury bonds and notes. Twoyear, 26 basis points or 0. 26 . A tick higher there. Tenyear benchmark treasury yields a hair over 65 basis points, or 0. 65 you can see sell off of government bonds, those yields rising crude also moving at least to the downside right now wti, 26. 60 after logging its best week in history well have much more on that trade in a moment. We have Team Coverage from around the world to kick off your monday morning. Julianna tatelbaum is standing by in our l
Parliament ahead of the brags that deadline defied the nation further. Tensions escalate between israel and lebanon following an exchange of missile strikes across the border. Joining us watching the weekly here on r. T. Sunday marks the 15th anniversary of the deadliest terrorist attack in modern russian history it happened at a school in the north a city and town of beslan in russias north caucasus region where more than a 1000 people were taken hostage 334 were eventually killed many of them children. Victims of being commemorated in beslan today people have been laying flowers near the school which has become among many monuments to those events words of condolence came in from all around the world for beslan the 1st days of september each year have become a time for grief and mourning may find some of the images coming up now disturbing. Meanwhile the school candles have been let to commemorate the victims correspondent Daniel Hawkins reports from the scene. For nearly 3 days most
Debates. While she focuses on the border, the economy is expected to play a significant role six hours from now, as warren and nine other hopefuls explain their position on all topics, social and economic and business. We will get you on the ground in miami coming up. Plus, is it a diamond in the rough, as bitcoin finds its feet again and sprints into the final hour, even higher. Could a new crypto currency tied to the precious stone be an investors best friend . You got to hear about this one. Remember the time billionaire David Mccourt was a cable tv employee and didnt get paid for his work laying cable . How he responded and what he did to get his money. He says its a lesson you should take to become a top disruptor in whatever youre doing, in whatever business. Hes here to share his secrets to success. Whats elon musk doing to get teslas stock up 18 this month alone. Charlie gasparino says cbs and viacom may be about to press the reboot button in their remarriage talks. Less than a
Can the consumer hold up the economy . Or will a Strong Economy give the fed cause to raise rates one more time . Kelly . That is the question. Lets get a check on markets, tyler. Because we changed direction once again. Perhaps because of that concern about another fed hike now. The dow is down 77. The s p 11 both quarter percent drops. The nasdaq down under more pressure down half a percent. Is it rates or the fact that the chips have been one of the weakest trades today. Share of nvidia falling after the u. S. Puts new trade restrictions on chips exported to china. Its specifically targets some of nvidias most cutting edge products. Those shares down 5 today. More on that in just a moment. And activists are getting more active. Engaged capital built a stake in the company up 13 . Down 33 for the year. Wyndham hotels says its rejecting a takeover offer from choice hotels. Wyndham saying the deal involved significant Business Risks a nond in the best interest of shareholders. Wyndham
The year where were overloaded with earnings information, most companies in the s p report this week. Remember that the professionals listen to every Conference Call check every model and do deep dives in each quarter which means that unless they get up at 4 00 a. M. And work until 11 00 p. M. They simply dont know about what should be bought and what shouldnt be, and i have to tell you, thats why a lot of mistakes are made. Thats why i tell you at home to stop, look and listen during these periods. As we try to run the gauntlet created by the cacophony of earnings season. Whats exactly in store for us for the rest of this week. Tomorrows all about apple and ten days ago the company made a major push into china and the worry is the sizeable chunk of buyers may have been margined out of this stock positions in the great crash of china and they migrate to the expense of iphone 6. Not this quarter, since it didnt include the chinese debacle and thats why it is so important not to trade of