Ive taken this quarantine times to update a couple of bathrooms. Not. Light bulbs i have always wanted to be handy. These numbers are expected to be insane i did change a couple of light bulbs. They are all different so finding the right one for all the Different Things my wife has, it is not easy. I have changed a couple of them but thats about it. Rising to the challenge, im sure before we get those numbers from home depot, lets start with the overall markets. The s p 500 finished the session just shy of the high just shy, we are talking 4. 15 points away from the record it is sitting at at this point. 3,386. 15 is where it closed. The record from february is 3,393. 52 the record close of 2020 up another 1 to 11,129. Looking at record futures. Two dow components reporting home depot and walmart big numbers expected from both of those dow futures up by 64, nasdaq up by 40 and s p up by 7. Dow component reported 4. 02 a share. Consensus was 3. 71. I noted revenue gain was over 23 . Com
Restrictions in one city, but investors are brushing that off. As well, up firmly part of the Semiconductor Story, looking forward to samsung earnings. Looking at currency, the dollar story almost the weakest in terms of the bloomer dollar index, for close to two years bloomberg dollar index, for close to two years. Down for tense of 1 . Hasonshore yuan strengthened. The aussie dollar up as well. On the next board, looking at gold, futures breaking through 2000 announce. You have the likes of bank of america predicting you could get 3000 in therice next 18 months. Wti up 3 10 of 1 . The 10 year yield has edged up marginally at 62 basis points. You can see there has been a marginal rotation out of chinese 10 year as well, more risk on sentiment in the mainland. Rishaad all right, lets look at one of the biggest movers, 7 . Shares up around one at one point. We have a company that has become the worlds 10th biggest stock. Our guest from aberdeen standard investments. Thank you for joinin
42yearold record what is that speaking with one band taking Live Performances out of the clubs into your living rooms it is friday, july 24. This is Worldwide Exchange on cnbc good friday morning, afternoon or evening welcome from wherever in the world you may be watching. I am brian sullivan. Thanks for ending your week here let us start with how your money is shaping up. Futures are lower right now. It looks like a continuation of steep declines the s p 500 snapping the fourday win streak. 85 or 85 of the nasdaq 100 dropping yesterday the socalled work from home trade getting hit hard citrix systems, zoom all falling back in the premarket with stocks down, what has been working . Gold gold just keeps running higher in fact, the highest trade up again today. 1,894. Well dive into the gold rise later in the hour. Lets see how the rest of the world is doing on this friday. For details, here is juliana in london good morning, brian we have a lot of red on the board here in europe as stoc
Have a relatively dormant market starting to see a little more activity. We will see how that folds in with the general Risk Appetite we have seen over the past couple of weeks in equities. Taylor record treasury issuance, the 10 year up 15 basis points for the week, the most weekly increase you have seen going back in two months. And the 30 year, that curve really starting to steepen, up 20 basis points. Remember when the 30 year was below 1 and now we are coming up on 1. 5 . Caroline so juicy. Romaine thats one way to describe it. What see how jason katz describes it. To go off treasuries for a second and back to equities because i want to get your general sense of where the opportunities are right now as you see them in the equity markets given the s p 500 is flirting with that record high, the nasdaq also right near its record high as well and you are starting to see a rebound in the dow jones in the russell as well. I think you dont want to abandon what has taken us to the party.
Cash trade is less than an hour away. Here are your top headlines. Republicans unveil a 1 trillion aid package to bolster the u. S. Economy. More direct payments to americans and Liability Protection for businesses. Keeping the borders close. Bloomberg learns the eu is set barriers to travelers outside the block amid rising virus infection rates in spain and germany. Plus, better than bad expectations. Michelin reports operating profit at the highend of estimates despite swinging to a net loss. The delivery here was one of the big delivery hero is one of the big winners. Dont miss our interviews in this program today. We are seeing the ecb, breaking news. The ecb asking european banks to freeze dividends. You can always get the latest ecb headlines on your terminal. Type ecb go for a great dashboard. The ecb is saying it wants european banks to freeze dividends for the rest of 2020. The remaining four months of the is saying ite ecb least not pay at dividends until january 2021. There