Call for urgent action. President trump enters the conversation, indicating he may now support a wider stimulus bill. Debates joe biden refuses to push back his next meeting with the president. The white house rules out a virtual clash due to covid19. We have an update from President Trumps physician, dr. Sean conley, about the president s covid19 treatment, saying that the president has been responding extremely well, that his exam has remained stable while at home. President trump has completed the course of therapy for covid, saying the president can return safely to Public Engagements on saturday. The president was just released from hospital on monday evening and his health had risen controversy given the white house was saying the timing of President Trumps last negative test was regarded as private. We are finally getting an update on the president s health and dr. Sean conley saying the president can return to Public Engagement on saturday. Lets turn to the markets with Sophie
Utility. How we may be soon making our own power. And sugar rush halloween candy flying off the shelf. This is Worldwide Exchange here on cnbc good morning, good afternoon, good evening welcome to wherever you may be watching lets get now to why you are probably here. Your money and the markets Technical Levels are barely holding up they are holding up in some cases. Futures are mildly in the red for the dow. The nasdaq futures are down 58 something to watch we will throughout the morning broad based indices. It was the fifth drop in six sessions here is truly your nasty stat of the morning. Nasdaq posting the fourth drop down 10. 55 this month why are we so precise. That makes the nasdaq 100 on base for the worst month since november 2008. The nasdaq 100 now officially doing worse than it did in march when the pandemic and lockdowns first hit. It wasnt just stocks. Also watch the medal gold cratering more than 2 . Gold down about 18. 57 per ounce. It was silver that stunk up the joint
And hollywood welcomes the new billionaire as tyler perry joins that club. It is september 2, 2020. You are wauctching Worldwide Exchange on cnbc. Good morning and welcome. Here is how your money and markets are setting your day up. Opening higher by 212 points, weve seen upside momentum in about a half hour. S p implied higher by 30 points and nasdaq by 156. That bull run continues for u. S. Stocks this is all after the markets kicked off september led by a high note and what else, technology stocks. The dow adding 214 points. Now 3 off its record high that number 29,568 you can see now, 28,645 is where the market closed. The s p 500 hitting a new alltime high. The gain is about three quarters of one percent the best day since 2010. Also hitting another alltime high, the nasdaq moving closer to that 12,000 mark you can see 11,939 is where we closed yesterday looking at the bond market 10year yields around. 69 twoyear note yields. 137 and 30year at 1. 378 . Going to Julianna Tatelbaum
Personal piggy bank france twenty four Catherine Viet has this. All it was a crowd Funding Campaign meant to raise money from private donors to hehelp build a b border wall instead according to prosecutors it paid for things like jewelry travel up vote a luxury s. U. V. In a statement acting manhattan u. S. Attorney Audrey Strauss accused former white house adviser steve bannon and three others of treating the we build the Wall Campaign as a personal piggy bank as alleged the defendants defrauded hundreds of thousands of dune is capitalizing on the interest i in funding a bootable to raise millions of dollarsrs under the false pretense that alall of f that money will be st on construction. The indictment describes an elaborate sleight of hand carried out by bannon project founder brian cole fades and the other defendants involving a different charity and various shell accounts all to disguise where the money was actually going back in two thousand and nineteen bannon attended an event
Data likely to report a substantial fall in Second Quarter of gdp. It will confirm a first technical recession in 29 years. Raced shinzo abe after he set his plans. The backing of the ruling party. Voters have another view. Haidi we are just getting south korea Inflation Numbers crossing the bloomberg. Slightly more inflationary when it comes to consumer prices. When it comes. 7 to the year on your number for soft arena. Southxpectations korea. Beating expectations. 3 . The month on month number of. 7 . Betterthanexpected expectations. Cpi caore number year on year coming at. 8 . Continuing to edge up. Still shy of 1 that we are looking for. We are starting to see a recovery when it comes to domestic demand. The influence of supportive base effects. Hoping to lift the inflation somewhat. We have the renewed resurgence in virus cases in the letter half of the month, likely to be accounting for the fall. Energy costs still low compared to the previous year. They are picking up. That woul