With significant amounts in option transactions , the investigation resulted in the issuance of a decision. According to mr. Malek mohammad, each of the managers, according to the extent of the violation, was fined 145 and 300 million tomans and the license was suspended in the Derivatives Trading department. They were sold on bonds. Mr. Malek mohammadi said these companies are contrary to the regulations and without checking the sufficiency of the customers operational accounts and through the verification of shares and registration of credit allocation. In a syrian way , he acted on the accrual position of the sale of the option contract with significant amounts in the customers account. At the end of mondays trading, the colores index of tehran securities decreased by 10,320 points, and 374 billion tomans of real money was recorded. The main representative of the stock market on mondays trading performance. Ended and with a decrease of 1002 units, it reached the level of 2 million 2
Stock wave in a record high. And federal prosecutors saying boeing is possibly on the hook for as much as 2. 5 billion. Its wednesday, may 15th. Youre watching Worldwide Exchange right here on cnbc. Good morning. Welcome to Worldwide Exchange. Thank you for being with us on this wednesday morning. H lets kick off the horde with the u. S. Futures after a mostly positive day for stocks yesterday that saw the nasdaq close at a fresh alltime high. Meanwhile you are seeing some marginal gains implied at the opening bell today. The s p 500 higher by roughly 2 to 3 points and the nasdaq up 1 to 2. Ahead of the opening bell, at least 31 s p 500 companies are now at 52week highs or better or alltime highs across the economic spectrum, across ought of them, including qualcomm, bank of america, freepo freeportmcmoran. At least oneyear highs. Also checking the bond market ahead of todays inflation rate, yields are ticking lower. The 10year ticking solidly below the halfway mark. The 2year note yie
Strike. Well talk about what the markets have to concentrate on as we get into the next quarter. From a technical perspective, our next guest says the 20 of the s p now above the 50day moving averages brings the market one step closer to an entry point. Joining us, fair leaf managing partner katie stockton. Great to have you. Walk us through what an entry point might mean, in your view. A lot of corrective phases unfold in this a, b, c format but three ways. We think were in the third wave, the final wave of that corrective phase. But that would require, of course, some kind of oversold entry point. Were not convinced we have that quite yet. The shortt term momentum is ve strong. We do have some minor signs of downside exhaustion including that market breadth you cited. Theyre not widespread to give us enough confidence. We do think theres a good possibility that entry happens either this week or next week. What would really help is that is a pullback in yields. The market doesnt like
The 10 year yield going in the other direction. A little bit of a lift in yields. 457 on the day. We will keep our eyes on that. There was a bit of a messy auction people had looked forward to. A lot of dynamics going on under the bond market. Midday movers. We will look at shares of rent the runway. It reported fourthquarter revenue and topped average analyst estimates. The for your outlook was mixed relative to wall streets expectations. Shares slid 90 in the past year through wednesdays close. We are looking at a stunning gain in that stock. Alphabet shares are climbing as investors are becoming more optimistic about its ai strategy. The companys market cap inching closer to the 2 trillion mark. Nvidia, microsoft, and apple are the only other companies that hit that milestone. Back to the economy. That is driving the story. The Producer Price index increased by the most in 11 months in march. Still below wall street estimates. We will discuss how it impacts the feds Interest Rate pa
For this weeks clash. So youre giving up sausages. 7 so youre giving up sausages . Save the planet because im not. No, im not. I had a very nice sausage sandwich on sunday morning. I enjoyed it. And i think another one this weekend. Weekend treat excellent. Now talking of sausage sandwiches, should you have a relationship the Office Relationship in the office because boss of bp did just because the boss of bp did just that and the shares have plummeted this morning plummeted down 2 this morning because hes had to resign. Were going to be talking about the office romance. The ethics of office romance. First, though, here is your latest with lisa hartle. Latest news with lisa hartle. Good morning. Its just after good morning. Its just after half nine. Im lisa hartle in the newsroom. The chancellor says the government is sticking to its plan to halve inflation as the economy shrinks by 0. 5 in july. Jeremy hunt remains confident about the future , confident about the future, saying the co