Is the first air travel bubble of its kind. There we go. We should be watching airline stuff as well but a lot of that thisready priced in after bubble was announced a few weeks ago. A have a look at the tech index here. Alibaba and tencent on the market at the moment. They are taking 179 points off the hang seng index itself. That is as we are seeing this rotation out of tech stocks, a global phenomenon at the moment. This will be because of the regulatory challenges we will be facing through some of these online retailers. Juliet . Juliet lets get Market Analysis with patrick, the global asset strategist. Patrick, we are finally getting this news of this travel bubble between singapore and hong kong. This is one thing that investors have been looking for when we start to see Global Travel open up and how that will feed into the energy markets. Lets get to our question of the day. That is when will crude back to these march highs . What is your view . Patrick morning. We are not speci
Joe biden making that final push to win over voters just days before the election. Brian sullivan lays out the big guide in one big battleground stooit stat state. And well go live overseas into the deep dive an app hes success. Youre watching World Wide Exchange good morning, im dominic chu in for Brian Sullivan. Lets get right to how the money and the markets are shaping up right now as you have been seeing in the corner of your screen, stock futures are indicating a lower open, right now the dowism app isdow implie nearly 400 points. S p by about 49. And the nasdaq lower by 220. Well get in to that more. Stocks are looking to cap off what has been an incredibly turbulent week the three major indices are now done between 3 and nearly 6 so far in just that short time span alone. It is also the last trading day of the month and october proving to be a tough one for investors. The dow down nearly 4 , the s p down 1. 5 . And the nasdaq with a fractional gain, although we know the nasdaq
Futures, big corporates with news flow in particular sap. The guidance has been disappointing for that stock so were watching implications there. But a number of themes for investors as we look at the opening signals on the benchmark, investors eyeing the u. S. Trade and whether we get any progression on stimulus this week, counting down to the u. S. Election and we have tech earnings, thats a feature of the market where were seeing a kshape on markets alsotodriving the u. S. Stock market forward well eye the earnings to see if it justifies what weve seen since the start of the pandemic weve dropped more than 1. 1 , thats a big reversal from the. 6 gained on friday you can see from the amount of red on the market its fairly deep in the negative territory on the market. Oil and gas 2. 1 lower, this is reflecting the spot prices were witnessing as we talk about coronavirus cases, weve been assessing the impact on demand for oil you can see as we go through this process, a second wave of
Busiest day of earnings season and as we await a vaccine, more positive news from one drug maker about a possible treatment. You are watching Worldwide Exchange here on cnbc good morning, im dominic chu in for Brian Sullivan. We begin with stock futures pointing to a possible turnaround with the dow kit e indicated high, 175 to the up side, s p up by 27 and nasdaq up by 125 the dow and s p are coming off their first single day performances since june 11 the blue chip index seeing its fourth done day wn kaday in a re late february. Since the selling began on friday, the dow has shed a total of 1843 points, roughly 6. 5 it is on pace for its worst monthly performance since march. And it wasnt just the dow Big Technology also taking it on the chin over the past couple of days take a look at facebook, alphab alphabet, apple, tesla, and more together losing some 270 billion in market value just since tuesday alone. All of this coming as the u. S. Reporting its highest number of coronavirus
Technology to boost their crops and reduce waste. Im sorry its not the latest sports including voluntary both sides with the russian born preauth reigning bowl champion Lewis Hamilton is hit with a 10 2nd penalty. We begin this news hour with a major escalation in the conflict between amenia and azerbaijan over the disputed region of nagornokarabakh at least 16 Service Personnel have now been killed many more injured both sides have declared martial law theyre blaming each other for sundays flare up in fighting dozens of Armenian Military reservist living in the disputed region have also now been summoned to fit u. T. Many homes in the area have been damaged and azerbaijan is saying 5 members of one. Family were killed by armenian shelling the United States russia france and iran are among the nations calling for calm all been forced to walk or begins our coverage. As airy tanks under attack according to armenians Defense Ministry it also claims that his area drones and helicopters wer