New and all electric hummer to the world, but you got to hear the price tag. And it is once again time for you to speak out, this time on the election. And which matters more to your money . The white house or the senate . It is wednesday, october 21, and this is Worldwide Exchange on cn cnbc welcome from wherever in the world you may be watching. Happy wednesday. Im Brian Sullivan here is how your money in the Global Markets are setting up. Stock futures are down, dow and s p trying to post back to back days of gains, but dow futuresf about 100, nasdaq iabout 70 mtum is the cute ticker, coming off its fifth straight down day. Its longest losing streak since late february. That etf tracks names like te a tesla, apple, microsoft and more, all the names that really control the entire market. Same story with the faang stocks First Trust Dow jones, the fdn, also seeing 2350five down days row now, first time that has happened since february. So you have to watch tech, some of the big name e
Road map begins with this trade stumble for stocks some lingering china trade concerns plus, ecommerce boom alibabas 24 hour shopping extravaganza breaks its single days record of more than 30 billion in sales and still climbing. And goldman facing an investigation over allegations of sexist credit decisions at app apple card stocks are set to open lower this morning on some dampened expectations surrounding u. S. China trade talks as well now as this escalating violence in hong kong meantime, the s p is in the midst of a five week win streak for the First Time Since march 6 if you look at the nasdaq. It has been a nice ride over the past month. It is so amazing because the some of the bigger runs are companies you would expect no trade deal, we would unravel a lot of the companies that do a lot of business in china it continues to happen one thing i would say is that people seem to care more about the fact that Interest Rates are going up than they care about what is going on in china
Tom this is bloomberg and i am tom mackenzie. These are the stories that set your agenda. Asian shares fall in the fed has more reasons to delay cuts. The boj is set to hike rates for the First Time Since 2007 as traders i crucial data. Vladimir putin extends his rule in russia. We discussed that and what another term will mean. Lets check in on markets. Risk off. A second downside. Steamy prices and disconnect from cpi, pbi and dovish commentary from jay powell. Markets pricing in a full cut in july. European futures off by 1 10 of a percent. The ftse 100 is flat. Investors are adjusting to sticky inflation, setting up for negative session. A big day for japan, expecting a press conference from japan and an update on Wage Negotiations. Speculation increasing that the boj could go with its first hike since 2007. He saw the selloff across treasuries on the back of Producer Prices and a 10 basis move higher. The yen is in focus. Not a lot of movement but that could change. Copper is the
Today, a leading Silicon Valley company tries to level the Playing Field by launching an Internship Program for Community College students. And not just any Community College, it is the one embraced by the late secretary of state colin powell. We will talk to the bloom energy ceo and an intern about the unique opportunity. Also zoom is now employees to return to the office. We will talk to our media partner, the San Francisco standard, which has seen employees messages on this new policy. First, a new uc berkeley study shows even though california has made boating easier, many younger people and people of color are still not making it to the polls. Joining us with the details and the impacts is paul mitchell, Vice President of Political Data inc. Thanks for having me. Kristen this new survey was done by uc berkeleys institute of government studies but you provided some of the data . Yeah, our Company Provides the data for their polling. We were able to provide them with the Contact Inf