December 2008. Brent had its best day since collecting data. You are still looking at wti at 61. 81 and present at 65. 85 in asia, the knnikkei up about 3 points this morning, some early trading in europe, fairly muted there. Ftse slightly higher in france, the cac slightly down, so is the dax. Check out treasury yields, the soyear is now yielding 1. 833 the 30 year a little lower but well above what weve seen in recent months. Lets talk about the corporate story of the morning wework now delaying its ipo. Surprise but says it will still go public by the end of the year the company has been prepared for its investor road show which was supposed to take place today. But made the decision last night to stand down. This reportedly over concerns that there is not enough stock mark et investors. Work reporting they will not go public until at least october at the earliest adam neumann wants to get through the jewish holidays before he considers the next steps. Because that is what is keepin
About their role there seems to be some debate about this good morning, welcome to squawk in the street im carl cantonia. At the cnbc, they are delivering at the conference in new york city that was sec jay clayton as you saw. Moments from now, kobe bryant, the basketball legend quickly becoming an investing legend we will talk money in sports, futures in a tirade full of economic data. Of course, delivering alpha. The big story today, a number of heavy hitters at the investors summit a pretty good discussion about the nature of our Capital Markets these days yeah, i mean, look, one of the things we are all trying to figure out is in relation whats going on with the fed, whats going on with business as a force of change. Thats something that andrew is bringing up. Bring up at the Business Roundtable which is very interesting. Its a month or so already right things have Securities Exchange commissioned. Im curious to hear what mr. Claytop had to say. Thats what people buzz with me to fi
The day. Halftime report starts now. Welcome g good to have you with us our Investment Committee at the table today. Also with us on set today is cnbc senior economics reporter Steve Liesman in a few moments, as you heard, joined by adam bain stocks focussing on the fed. The twoday meeting underway why they expect to cut rates tomorrow the question is as we asked at the top, is it the week that sets stocks on a course for a new milestone or not its possible i want to be constructive here so if youre looking at if youre looking at technicals, you can say, okay, for the First Time Since last september, youve now got 72 of the s p 500 above the 200 day, which means more than twothirds of stocks almost 3 4 are in their own structure bull market. That happened last october i dont know how forward looking it is. It is a positive especially when you consider the fact that were getting participation from across the market its not very narrow its very broad. That being said, theres junky retail
Johnson threatens a general election road map begins with new tariffs on chinese goods hitting over the weekend. No talks between the u. S. And china in sight. Hurricane dorian battering the bahamas as coastal u. S. Braces for the worst and a longer wait for boeings max, could friction between the company and air safety authorities threaten a new delay for that fleet futures, though, slipping after the new tariffs on roughly 110 billion in chinese imports went into effect on sunday. The 15 u. S. Duty hits consumer goods rafrning fr s ranking fro apparel. Reports say that getting some parameters for new talks is proving to be difficult. Exactly i think that if you want to look at the bright side of that, the preopen this morning says there was no real hope for averting the tariffs. It is not as if you have a deal being handicaps now in terms of what the market is expecting on the other hand, bond yields still at their lows, not giving much of a sense that were through this period of jus
Arabias oil facilities. If the outage is extended or if military action is employed, what could the further fallouta. First, welcome. This is the first time that you hosted the show. And your father is watching. So your daughter, the whole hour mike evans why did i say mike evhe have evans. Too bad we are live are you the best and what is the fallout im surprised the market didnt trade off more over the weekend im like 25, 3 almo handle easy but none of it really happened airlines down a percent and a half and so to me this is actually a very encouraging day and this is from somebody whos th has been bearish for a while. Encouraging that is regards to the market last week we had a pretty hot inflation print. And so when you think about this, when you see crude oil go up the way that it did and the dollar stay big, to me that poses some sort of issue could be a really interesting fed day wednesday. We know the administration doesnt the rates where it is. So it could be an interesting we