Good morning im Frank Holland in for Brian Sullivan here is how your stocks are shaping up the dow is open, the s p up about three. Nasdaq implied open up about 35 points still on pace for the broader losing streak. Closing down more than 1 with amazon closing down two and a quarter percent. The russell 2000 up more than 3 since monday where its best Weekly Performance since august 8. Perhaps a rotation on the way. More on that coming up first, we have to check the stock of the week. Thats snowflake after the surge of trading on wednesday, the stock was down 26 yesterday and on track for more losses this morning that stock down about a percent and a half well continue to watch those shares checking action around the globe, matt taylor in singapore and karen tso in london. A fairly lack luster week in the markets. We did modest gains coming through. We did see weakness when it comes to australia or new zealand. It was a lateday rally ending up more than 2 . You were talking about the na
Demand and saving live music helping independent venues and theaters across the country survive. It is tuesday, september 1, 2020 you are watching Worldwide Exchange here on cnbc good morning im Frank Holland in for Brian Sullivan the markets kick off a brandnew trading month. Stock futures slightly in the green here the dow jones looking like it will pop four points nasdaq on pace coming off a winning streak. Seven out of the eight days. The dow and s p wrapped up the best august. Similar for the s p, rising 7 percent e for the fifth straight move gains the story continues to be all about tech nasdaq surging 9. 5 in august for the best monthly performance since 2000 taking a look at the bond market and the yield trading around. 723 and the 30 year at 1. 5 we continue to follow the markets, lets go worldwide now. To julianna tatelbaum. Lets get a look at the Global Markets with you how are you . Im doing great we had a strong start to trade here in europe benchmark opening higher we ha
Good morning to you wherever you are. Im Frank Holland in for Brian Sullivan lets get right to the markets and take a look at the stock futures this morning its been a wild week on wal ve street today it looks like the dow could open down as much as 150 points amid new concerns over covid19 but the nasdaq, its run keeps on going. Leading to another new record high its 26 for the year on pace for the third weekly gain in three weeks. Now to the global markets. Karen tso. Shes in our london newsroom with more on that. Good morning. It has been a weak finish for those asian markets today. Negative news coming out of hong kong with fresh coronavirus cases. 38 new cases local transmission and decided to close schools again from next week that throws cold water on these markets. And the rest of the markets to be very much focused on the bull run for the Chinese Market take a look at this. A lot of investors piling into chinese stocks this week and that has taken them to the highest level in
Holla Frank Holland. Stock futures are hovering arnt flat after a lateday rally yesterday as investors brushed off continued increases in covid19 cases around the u. S. The nasdaq leading the charge rising nearly 1. 5 to close. Its the 25th record close for the index this year. Take a quick look at the bond market, the 10year yield trading around. 65 . Well go worldwide now karen cho is in the london news room with the overseas action. Well get to karen in just a minute well get worldwide in just a minute first, lets get a check on this mornings top stories. Of course, a lot going on with the economy. Covid19 openings and reclosings well continue to keep a close eye. Right now our leslie picker is here to join us with more. Good morning. Walt disney world will resume selling Theme Park Tickets and taking Hotel Reservations today. The Company Announced the move yesterday after suspending the sales amid the coronavirus outbreak disney will open the Magic Kingdom and animal kingdoms this
Amid growing pressure. The race is on for congress to finish a deal to fund the government with hours to go until a shutdown takes effect. It is friday, september 30th you are watching Worldwide Exchange on cnbc. Good morning im Frank Holland in for Brian Sullivan lets kickoff the check of the markets and money. Stock futures in the green across the board dow could open at 200 higher the s p and nasdaq higher as well stocks after a selloff on thursday with the s p hitting a new low. All three indices falling 1 to 3 apple shedding 5 of reports after decline of products. Specifically the iphone 14 and the downgrade by bank of america. Look at mega cap tech stocks here you are seeing meta as we mentioned with hiring cuts down 1. 5 microsoft in the green amazon up. Also, check on the bond market yields are falling a bit weaker dollar is helping the 10year treasury at 3. 71 still the inversion. The Oil Market Oil prices getting a boost as we hear more reports of a possible Production Cut by