The s p and dow. Nasdaq gains which it saw on friday. For the nasdaq and s p and russell 2000, it was the worst month in the year. For the s p and nasdaq with the dow slumping 3 . Nasdaq down 5. 8 for the month. Treasuries is the big picture. This is why we see the weakening. Treasury markets are picking up. 10year is now 4. 74 . The 2year treasury is up at 5. 11 . Mortgage prices are ticking higher. If you want a 30year fixed mortgage, you are looking at 8 . Check out the price of crude oil. Crude oil prices with energy back on the rise. Up to 91. 50 for wti. Brent at 93 a barrel. Joe talked about bitcoin. Picking up to 28,300. Up 4. 4 . Joe, the reason behind this is because gary gensler etf comments. I saw any Government Shutdown would delay any consideration for the spot etfs that everyone wants. Because the s. E. C. Staff would have been out and nothing gets approved. Does that mean i think they are thinking about it. They have been thinking about it check your watch. Thats a big
Hello and welcome to daybreak asia. Interesting to see you in singapore now. You are all over the place. The markets are all going in one direction. By oneinto the trade hour, pointing to a higher open. But show the board where we ended up on friday. Another record run. The s p above that 2500 level. The dow and nasdaq higher. That is the picture in asia right now. Focus onabout the Central Banks with the boj and the fed going into that fed meeting, still under 50 on expectations of a move in rates. The focus is on the details of this Balance Sheet unwind. Thing is interesting we are focusing on geopolitics. ,e have campaigning in germany reports that there might be a snap election in japan. Kiwi dollar,d, the that will be tethered to the outcome of this weekends election. It is to tie to call. We are counting down to the open in australia and korea. Aussie futures up 16 points. Dollar Holding Onto Gains of . 80. In japan, a Public Holiday today, a chance for markets to them over the p
Good morning welcome to Worldwide Exchange on cnbc. Im dominic chu in for wilfred frost. Im Morgan Brennan in for sara eisen its new music friday, were getting your weekend started with a brandnew song by zed and liam payne called get low. What do you think . I kind of like it its firing me up for jobs friday also makes me feel like im in a club on a saturday night i hear get low, im thinking lil john and the east side boys for sure lets check the Global Markets there is some stuff going on ahead of this big jobs friday. If you look at the u. S. Equities picture, its generally flat, maybe to be expected after a down day yesterday things are Holding Steady ahead of that 8 30 a. M. Eastern time jobs report. You can see the implied open for the dow, just about one point. The s p about two points nasdaq up by about five. As we look at the tenyear treasury note yield, a key focus for traders and investors over the past week or two, given the bank stock run, global rates all over the place,
Lately is because the market changed its tune, gone are the days when you beat the bottom line it was enough to send your stock higher. Gone are the days when you beat the top line, gone are bit pitting the bottom line and raising guidance is enough to raise the share price. Now you need to best the earning numbers and guide them dramatically higher vndz a stock thats got low expectations or heavily shorted. Thats right, the gauntlet is demanding because the economy is slowed and getting slower according to much of the recent data. So lets go over whats worked this year. All right . Whats emblematic of success as we know it lately so you can rule out a lot of other stuff . Im talking about under armor, netflix, wynn, facebook, google, chipotle and michael coors, because those are all the stocks that flew to new highs, defying the averages that brought so many other stocks crashing to earth. We know a bunch of things going into the ar under armors quarter, which launched the stock into
Iron Mountain: With more businesses upgrading their cloud infrastructure, bigger investments are made in data centers despite elevated borrowing costs and sticky inflation.