Wear something new from starbucks could ramp up the nonmeat meat wars it is tuesday, june 23 good afternoon. Welcome. Inbri i am Brian Sullivan futures are up triple digits again. Dow indicating a gain of about 200 points it is early but it wasnt always this way you had comments from white house advisor Peter Navarro yesterday telling fox news the trade deal with china is over. Do you think that president sort of he obviously really wanted to hang on to this trade deal as much as possible and make good on the promises because there had been progress made given everything that has happened and all the things you listed, is that over it is over. Apparently he had some comments there but what he said was that the trade deal was over that sent stock futures down nearly 400 points last night the white house quick to walk back those comments, however, and put markets at ease. The president tweeting last night, the trade deal is still on if china can live up to its terms and in a statement to
Probe into alleged fraud at the firm beijing hits back saying there will be consequences to safe harbor as they continue to work on punitive measures you are watching street signs. Im going to take us through the hour of trading. Picking up on the vaccine story, early stage trials with encouraging signs. The market is running with it. You can see a bit of pop and shares along with asia but some components trading higher. We have a lot of jobs to weather today. We have had lumpy old numbers to read through in recent times the payroll report would breakthrough this is how they fair. You can see the green across the board. The dax has been an early performer. Choppy in the early session. This morning, a gain of 2 in front for the rest of the 1 plus gain we did notice there was early appetite we look for signaling functions in the market, italy and spain demonstrating strength being demonstrated today we see optimism with gains of more than 2 on the spanish stock market by sectors, here is
Theyre buying up parts of it. The advertising boycott enters with Corporate Giant starbucks joining a slew of names to with draw all ads from facebook the coronavirus outbreak killed 500,000 people around the world. The number of confirmed infections topped 10 million thats according today at a compiled by Johns Hopkins university you can see how the death rate looks with the usa up top followed by brazil and then the United Kingdom in terms of what we are witnessing on the european markets this morning, we started out the day weaker or roughly. 2 down and then you can see that we reversed again. Were down just over a tenth of a percent so far and this is struggling to find directions in the start of the session were picking up losses from wall street on friday. It hit the european mashltrketst week and also the second wave of infections and this one is particularly hard to quantify given we are seeing localized restrictions that we witnessed at the initial phase or start of phase one.
Next opportunity focusing on the return to a vaccine. Weighing in on how close we really are we are watching Worldwide Exchange on cnbc. Good morning, good afternoon, good evening im Brian Sullivan the question is this for the markets. How will today go after yesterdays market slide futures are mixed to slightly higher on a futures basis, they are down well call them flat today yesterday, the dow down 710 points all of this on new concerns about growing outbreaks around america and the possible slowing down of reopening plans. Anything travel related yesterday was crushed. Airlines, cruises, hotels. All this as new york, new jersey and connecticut imposed a quarantine requirement on travelers coming in from seven different states that are seeing spikes in cases. Basically, you are not welcome but if you do come, you have to stay at home 14 days you can see the airlines also keep an eye on oil. Many stocks taking big hits once again. Oil between a rock and a hard place. Youve got concer
Backtracking on reopening plans. Wednesday, july 1. This is Worldwide Exchange here on cnbc good morning welcome to july, if you will hard to believe but it is already july 1 time flies it feels like about 100 years. First day of the month, quarter, second half of the year. Dow futures are not giving us many direction the markets are about to give us the best three months in decades and cap off a fourmonth win streak if you are looking for historical comparisons, here is how history shapes out the dow with the best quarterly performance. Nasdaq best quarterly gains. A look at the small caps they dont want to be left behind russell 2000 up 5 best quarterly gain since First Quarter of 1991. Apple soars higher apache led higher by 200 . Congrats to elon musk, tesla leading the nasdaq 100 it more than doubled in three months despite plenty of tesla stock skeptics it crossed over the 2 billion market cape for a bit yesterday. Let us make sure this is all coming in context. The dow coming of