Reappearing here. I am a new new jersey girl. There has been a new executive order signed by Governor Phil Murphy about wearing masks. At us check on the markets. On the back of some of those concerning headlines regarding deaths in florida and texas because of the covid crisis. The Dow Jones Industrial coming off by one playboy percent. And some risk aversion in europe. Tensions between the u. S. And china. The u. S. Dollar continues to show some strength. Keep an eye on that market and Pay Attention to the dollar and what happens with the hong kong dollar and the chinese yuan. A lot of risk sentiment is being reflected in those assets and it could be a key on how u. S. Markets trade on friday. Concerns about the supply side. Field in libyan production. Sinking below 40 a barrel. Let us get to that exclusive interview. Take it away, david westin. To our Bloomberg Radio and tv audience, worldwide, im david westin and we are joined by the governor of new jersey. Thank you for being back
By as investors have been rushing into safer assets. , tlt hask at the flow taken in more than 4 billion this year, which is a record for seenund, while spy has outflows of 18 billion, even as we saw the s p 500 rally over the last six months. Interesting, those outflows on the s p 500. Gaine looking at a small this week. If you went to the beach and came back, the markets are basically unchanged. The roller coaster and selloff monday, rebound rally yesterday, then todays huge rally come the s p 500 up three days in a row. Lets put that into context. Over the last year and a half every time it has gone below that moving average, it has stayed below it for quite some time. Take a look at this in the middle of last year when volatility was wrestling with the moving average. In the Fourth Quarter last year, it was pretty ugly. May this year is interesting, back above two sessions. That suggest we have not seen a capitulation bottom yet for the s p 500. May be new lows ahead. Perhaps. High
And banks push back on the fed which appears to now be on board. Forget the weight loss wars, the big drug that Johnson Johnson is betting on. Its monday, may 20th, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you for being with us. It is great to be right back here at cnbc hq. Great time in london. Weill b well bring you more insights from that trip. Hell talk about that later. Well start off with the check of the futures with the dow set to open above 40,000 for the first time ever. The major indices all in the green right now. The dow looks like it would open up a few points higher. That pushes us into the 40,000 territory. The nasdaq moving the highest. With the averaging os riding the win streak, Goldman Sachs is up right now. We are looking at Applied Materials annnd walmart and Tractor Supply as well. We are checking the bond market with the week of economic reports and durable goods and home sales. The benchma
Well have more on the days events in just a few moments. Also tonight. We report on the plight of Young Rohingya girls forced into the sex industry, as refugees in bangladesh. In syria, Government Forces are pounding one of the last rebel held strongholds, with devastating consequences for the civilian population. Two major pharmaceutical firms say theyll invest more than a billion pounds in the uk, creating nearly 2000 jobs. And in the ashes series, england trail australia following a heavy defeat in brisbane. And coming up on sportsday on bbc news. It was andy murrays last year but who will take home the crown for 2017 . We look at this years nominees for Sports Personality of the year. Good evening. Prince harry and the american actress, Meghan Markle, have announced their engagement, and theyll be married in the spring. As fifth in line to the throne, prince harry had to obtain her majestys permission to marry, and Buckingham Palace said today that the queen and the duke of edinbur
Lovely. Marvellous, yes. It is a sign of how modern the family is. It is fantastic. He is a happy chap, thatis is fantastic. He is a happy chap, that is the main thing and it shows i suppose the royal family are modernising, for want of a better word. In other news, brexit secretary david davis faces criticism for redacting the governments analysis of the potential impact of brexit on the economy, before the papers were handed over to a committee of mps. And a special report on the plight of Young Rohingya girls forced into the sex industry as refugees in bangladesh. And on newsnight tonight, fears of a snap general election in ireland, which could have huge consequences for the border and four brexit were life in dublin live in dublin and we will speak with the dup. Good evening and welcome to bbc news. Prince harry and the american actress Meghan Markle have announced their engagement, and theyll be married in the spring. As fifth in line to the throne, prince harry had to obtain her