More in payroll pay. And ford unveils the new f150 with new options including handsfree driving it is friday, june 26, 2020. You are watching Worldwide Exchange on cnbc. Good friday morning. Im dominic chu in for Brian Sullivan we are seeing a bit of negative activity right now, the s p is implied lower by about 12 points the dow would open down by 170 and down another 14 points for the nasdaq this represents moves off the low so far on the treasury yield side of things, we are seeing movements across the yield curve slightly lower at 67 basis points or. 67 ticking higher at 18 basis points or. 18 there the fed announcing it will force big banks to suspend share buy backs and cap Dividend Payments for the Third Quarter. The firms must resubmit their pay back plans the fed found several banks could get too close to capital levels amid the pandemic induced slow down. Shares of nike, dow component as well the company posting an unexpected loss. Was hurt by Retail Store Closures the wholes
Already starting today . Today but better for the rest of the weekend. Yes, and we are going to see lets head outside as we check out dublin and parts of the some of those temperatures along the coastline staying cool but trivalley that will be heating up again today. We have some temperatures that will start out in the upper 50s still heating up inland. And low 60s here at noon. We are in for hot weather as we were at 78 degrees. Some low 80s as we go into the check out dublin and our temperature trend in the upper 50s to start the morning. Afternoon with a wide range in temperatures still. Its all about location as well and then we have to get in the see some low 60s near the coast Outdoor Activities early before it heats up. And highs over 100 degrees for the far north bay. We will talk about whats ahead we are looking good before noon and the 90s. With the winds picking up in the right now, mike, the winds are full microclimate forecast. Not too much of an issue as mike has a look
Details straight ahead on the third hour of today in the bay as it continues right now. Good morning. Third hour because we get up pressing pause. The situation is bad in the bright and early or dark and health care crisis. Early, starting at 4 30 in the nearly three dozen states reporting new spikes in the past morning. 6 00 right now. Look at that, Smiling Faces all week. Around. Everybody happy its friday . The cdc warninthe true scope oh, yeah. Of the crisis may be drastically underestimated suggesting nearly friday, friday, bring it on. Im Marcus Washington for you this morning. 25 mmericans have covid. Mike is keeping an eye on that and a former Health Official says it may be too late. The time for prevention friday commute but we want to measures was a month ago. Talk about the friday forecast for you. Meteorologist kari hall has been tracking that and, kari, going to be warm moving into cooler now the wheels are coming off. The latest from across the temperatures this weekend.
Which is indeed making a comeback. The latest numbers show a sharp increase in new cases, running to about 40,000 a day. The virus task force reconvenes today for the first time in two months. Some states are pausing their reopening program. That is a warning to the nations economy and the rebound. The wall street journal, this is an important warning for the president. The powerful Editorial Board bluntly said hes heading for defeat. Thats a warning for wall street, too, because a biden win would be a real challenge for stocks. So where are we this morning . Warnings duly noted. Ive got some red arrows there. The dow is down about 180. The s p down about 10. The nasdaq down about 15. Red arrows for three indicators. All right. Im going to call this a positive. Remember the mob that threatened to take down the lincoln emancipation memorial . They were supposed to attack it at 7 00 eastern last night . Well, it rained. The limited number of people who showed up retreated to shelter. The
Vergiverg diverging in a different way retail is an important part of apple strategy overall, but what youre saying about the markets being down in the midst of the pandemic, it is not easing off as quickly as some had hopes, carl indeed, one last part of all of this the journal now with a couple headlines on the tape saying that china is telling the United States that crossing red lines could put the trade deal at risk. So sort of a continuation of what were talking about all week trade risk when it comes to the u. S. And china which is not a new story at all lets talk about the markets, the founder and managing partner at full cycle. Which is really focused on, ibrihim, and restoring technologies and all of that is coming to light, it is not just about whether or not people should be moving around, but whether or not people can how can this pandemic, working from home, which i think fits into your portfolio thesis, how is this playing out for you and where do you think it goes from h