Chairman of the Federal Reserve Jerome Powell is right now explaining why his committee has left near zero rates untouched. Our fed panel is monitoring every single word of what he sees and says as far as stresses on the economic system. Speaking of stress, tensions are still running high from arizona to pennsylvania. This video just in as crowds form in two states, where the administration is launching vigorous challenges. All right, heres the current electoral picture vote. Weve got four states, the key to the presidency. Nevada, pennsylvania, georgia and north carolina. They are still up for grabs on the path to 270. Biden leading 264 to President Trumps 214. Weve got new numbers in nevada showing that joe bidens lead has expanded to 12,000 as team trump seeks legal action there. But keep your eye on the dow and on the markets here because weve got team fox business standing by with up to the minute developments inside both the trump and Biden Campaigns. Blake burman live at the whi
Themselves on the wrong end of a judges decision in california it is friday, october 23, 2020 and you are watching Worldwide Exchange on cnbc good morning, everyone. Im seema mody in for Brian Sullivan we kick off your friday morning with a look at stock futures, the dow up currently about 75 points the major averages august coming off their second positive day in three. But looking to end the week in the red. Here is how were set up the dow and s p are on track to snap a three week winning streak, the nasdaq on pace to break a four week winning streak for its first worse week since september. Part of that is apparent rotation out of Technology Take a look at the ishares and momentum etf, it is down more than 2 this week. And on pace to snap a five week win streak the etf tracks tesla, apple, amazon, invidia and microsoft. But not to be out done, First Trust Dow jones Internet Fund is now down about half a percent for the week eyeing its first down beak week in five financials and regi
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
Dom . How many of us wish we had more time, not just 48 hours but more time in general anyway, the markets right now are in a Holding Pattern thats what well call t. Marginal losses in the s p 500, dow and nasdaq, as you can see there. Just about a quarter to a third of a percent across the board here, but we were positive at one point today so a lot of that uncertainty playing out, but not a lot of reason to wholesale buy or sell so thats what were seeing in markets. One place where were seeing a good amount of positivity today is in the internetrelated names. Social media specifically. Check out this First Trust Dow jones internet etf ticker fdn is off the highs of the day, off twothirds of 1 small of the smaller social media ones are there as well helping to power this particular move remember from the lows up to here, it was up about 96 , and then it fell about 15 here and then up another 12 from there, so thats a move there for the social media stocks that were watching as well, a
Didnt exactly do wonders for Hillary Clinton four years ago. Were on the latest theme park controversies going on in california. Walt disney land not open yet. Doesnt look to open anytime soon, even though businesses in and around the Magic Kingdom over there are beginning to reopen. Meanwhile the Magic Kingdom on the other side of the country, florida, disney world, very much open. Were on top of all of those developments including getting ready for the the big debate tomorrow. The markets have an interesting way of playing off of that. We have the latest with Hillary Vaughn with the what is in store for the final president ial clash. Hillary. Reporter neil, the stakes are clearly high because both campaigns have indicated their internal polling shows that the race is much closer than what public polling suggests right now. In a new survey from the university of New Hampshire might explain why. According to the survey there are a lot of shy Trump Supporters that feel like they need to