For boeing from one Major Airlines ceo. His comments coming up in a cnbc exclusive. Later on, the stock that could replace tesla in the magnificent seven and why today may be the opportunity to get in at a discount price. It is friday, march 15th, 2024. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Thank you for being with us on this friday morning. Lets kickoff the hour with the check of the u. S. Equity futures after the first down day for the dow on the last four on the back of the ppi. The dow implied higher by four points. S p by three points. The nasdaq down by eight. Very, very steady for the time being. Heading into the final trading day of the week, the major averages are holding on to thinner gains. 50 gain for the dow. S p is in a similar move and the slight discounted gain for the nasdaq. You have to not so far for the nasdaq 100 overall on pace for the first backtoback weekly loss since october. Checking on bond market yield
Navigate . I these countries will have to navigate . These countries will have to naviate . , ~ ,. , navigate . I really think its a confidence navigate . I really think its a Confidence Game navigate . I really think its a Confidence Game at navigate . I really think its a Confidence Game at this navigate . I really think its a l Confidence Game at this point. We want consumers to continue to spend, we want firms to continue to invest. I think having some confidence that the rate cycle globally is near a peak, the us continues to put up peak, the us continues to put up good numbers, china has tweaked some of the measures in the Property Market. Its certainly not a disastrous story but it will probably come in poorly on growth and countries have to figure out how to navigate that given the particular circumstances. Not a terrible scenario but a bit weaker than we are used to do in this part of the world, where china was harrowing in the region and everyone else was pulled along. The r
Soaring for a second day, with gme, amc up big following the return to social media, but theyre not the only stocks caught up in this trade. Well hit all of the angles from the charts to the chatter, and the trades and what it says about this market. In fact, thats where we start today. Lets get over to dom chu monitoring the latest moves. Its been crazy now for just in context, to kind of look at the board as were seeing it. We are well off the session highs so far today. Gamestop, 42 to the upside, up 13. 48. Amc entertainment, the other stock out there, up 23 to 6. 42. Blackberry even get caught up in that. Remember, it was part of the derivative ancillary Ripple Effect mean trade back in 2020 and 2021. Its up 9 . And koss up 29 , as well. To put it in context for you, lets look at these charts really quickly. Gamestop over the course to have last year, yes, its a down trend and here has been the big pop. Earlier in the premarket trade, this got up close to 80 per share in the prema
Democrat president ial candidate Robert F Kennedy junior teaseds making a major announcement on monday, specu fueling speculatit he will run as an independent. Nbc is reporting that biden met with Hillary Clinton at the white house last month and she, quote, pressed biden to take the Third Party Threat seriously. Third party threat. I dont know if a third party would take votes just away from biden or would rfk junior take votes from both of them, lee . I think rfk takes votes from both. Maria thats what i think. West is probably more of a dynamic where he pulls from biden. Rfk, though, is still that stands for a kennedy, thats Robert F Kennedy, junior. Even though hes been putting out a populous message that would appeal to disenfranchised democrats and people who might otherwise potentially vote for President Trump, he is still a kennedy. So i think that the point is certainly well taken on that one. Maria theyre not giving him the time of day. The democrats have been clear. Bidens o
Because the odds for a june fed rate policy pivot, well, theyre going it was just it was ridiculous. It was always going to be hot. Yeah, yeah. No. Plus, big tech divergence, alphabet, amazon at highs, jim, but apple and tesla, i dont know if you noticed, theyve been struggling a bit. Nvidia, were going to talk about that stock, of course. How could we not . Its entering a correction. Well, if you dont know what it is or if you think its my dog, then why dont you sell some. Finally, jim, the airlines are leading s p premarket gainers. Delta topping quarterly estimates. Its focused on efficiencies im focused on the fact that phil lebeau has been here for 25 years and hes the best. Lets not lose sight of real things. Hes the best he is. Rely on phil more than we ever have. Lets start with the market, get your reaction to the hotter than expected cpi print. Weve heard from the analysis in terms of expectations for a fed rate cut, which are fading fast. The yield curve inverting a bit. The