Changes ahead of its big hong kong listing. New controversy for one of wall streets most powerful Investment Banks this time over Sexual Misconduct allegations. And then ditching sin city, yes, ditching it, one of the biggest casino operators in the world on a plan that would focus the company entirely on mccaw and singapore. Youre watching Worldwide Exchange right here on cnbc on tuesday, october 27th, 2020. Viva las vegas good morning im dominic chu in for Brian Sullivan today. Lets begin with stock futures right now showing relative stability after big losses yesterday. You can see here the s p implied higher by just about seven points the dow implied higher by 37 and the nasdaq by 36 not large gains by any measure implied. However, after yesterdays losses they could be viewed as somewhat stable. A closer look at the dow futures over the past 12 hours were well off our session highs as you can see here and just a hair below the lows of the level we saw in the overnight session as yo
Across india over the gang rape and death of 2 women from the dalai community. The e. U. Formally launches legal action against the u. K. Over its plans to breach parts of the brics it divorce agreement and scores of arrested in hong kong even as new laws and coronavirus restrictions cause protesters to create. Global come to the program we begin with the conflict between azerbaijan and armenia and the disputed nagornokarabakh region where its alleged syrian fighters have now joined the battle that france and russia are saying they have evidence the fight has traveled through turkey to join the fight on behalf of azerbaijan adorn a car by his internationally recognized as part of azerbaijan but its controlled by on media and separatists a flare up in fighting over the past week is the deadliest for years robin foresee a walker reports. The spoils of war shown by as every Public Television of a 1000000 tanks and other hardware proof the army says of terror troops taken in the disputed l
Its spinning off one of the most highly sought after assets. A possible move that could help the Company Steer clear of investor scrutiny and astrazenecas trial is back on track. Youre watching Worldwide Exchange right here on cnbc. Good monday morning. Heres how stock futures are looking on this monday morning you can see a solid amount of green on the screen. The s p higher by 32 and the nasdaq by 127. The key index to be watching over the last several months now this after the s p posted its worst week since late june and coming off the first two week losing streak since may but the focus remains on technology. Closing down more than 4 since the worst performance since the weekending march 20th and the first two week losing streak since july the nasdaq is now down more than 10 from the most recent 52 week high it was also a record by the way. A number of key events in the week ahead for the markets and your money they include a very big day tomorrow and a few fomc a new fomc meeting
Commentary plus back off the worst day and week of the week, the Company Reportedly looking to boost its efforts in a. I and elon musk and Mark Zuckerberg seemingly agreeing to that cage match, but some hurdles still ahead. Lets begin with the markets. The s p, nasdaq, as we said, coming off their worst week since march, jim that reversal friday didnt feel great. Oh, my. It took your breath away and i was watching them just saying, what happened . Is there some event . Did something happen that was exogenous . But then again, look, lets remember, bonds having a nice move today they were down 36. Now theyre only down 11 i thought that friday was one of those days where people just said, okay, weve had a great year now, lets just sit here and sit on our hands and that was what i was thinking to start my show tonight is to just sit on my hands, and i may do it. I just felt that weve made a lot of money, and maybe thats what were going to make for a month. Youve been pretty leery of this p
The latest trend in fashion. , whichs a trend growing are u. S. Companies bringing their cash back from abroad. We know apple is the big one. They are going to be bringing billions of dollars back, which means theyre going to pay 38 billion in taxes. And that is really, for lawmakers to pass the tax reform, that is the eyes on the prize. They have built up this much money overseas, when are they going to bring it back, and how much is it going to bet go back how much of it is going to go back to the economy. In creating jobs, which is most important to the white house. Those numbers that were highlighted in the press release if you look underneath the hood, theres questions of how much is going to be repatriated back and where it is going to go . A lot of the money is in the denominated dollars. And will other Companies Follow as well . In the meantime, another note on that, apple is spreading the joy, with employees getting bonuses. We also have overall stocks up, and a wild ride that