Good morning im dominic chu in for Brian Sullivan heres how your money and the Global Markets are setting their day up with stock futures relatively muted you can see at the opening bell we could be up 35 points for the dow. S p 500 up roughly 8 points implied and the nasdaq up by about 52 thats if the futures moves hold before the opening bell for regular cash equities trading. This after the dow fell nearly 400 points yesterday the s p 500 shedding just over 1 there as well snapping its fiveday winning streak. You can see the movement throughout the course of the day. Falling off towards the closing bell. Turning now to the bond market the yield on the benchmark 10year note yield is slightly higher you can see 65 basis points or. 65 . 2year note,. 16 . 30year 1. 38 lets go worldwide karen cho is live on the Worldwide Market losses yesterday, losses on wall street. Roughly down. 2 of a percent the ftse has minimized the losses as you threw it over to me, we popped into the green brief
It is thursday, april 8, 2020. You are watching cnbc. Good morning, we begin this morning as we have for weeks, breaking news and a futures market searching for some direction. This now, can you see the dow jones down by 70 points, the s p around 10 points and nasdaq around 27 points relatively stable. Indicating the volatility weve seen as of late can continue after equities staged a major come back most of the day yesterday before wiping out a more than 900point gain to end the session slightly lower check out the bond market to the down side implying people are buying up some safety on that debt twoyear note yields below ba. 2 or. 72 . Thats the bond picture. Oil prices bouncing back on renewed hopes of a coordinated output crude oil prices wti benchmark prices 3. 5 to the upside ice brent crude up half a percent as well. 32 the figure there the last trade. Wti made a sharp move around 9. 5 investors worried any move will not outweigh the global overproduction going to matt taylor i
The yield down below. 6 last time i checked, it was at 0. 597 dr. Fauci saying the first human trial testing for a covid19 vaccine is now on track calling it the ultimate game changer but that public distribution is still 12 to 18 months away. President trump was asked if the stom pile of personal protective equipment was nearly depleted. We are sending it directly to hospitals. We dont want to take it before it gets there. We asked many states to do this. Many states have people or where they make clothing, we said see if you can get it directly from those manufacturers. The president considering halting flights to hot spots in the country, which would be a shift in this batter and also potentially have an impact on when and if the economy will return to some normal si in the meantime, total death numbers have topped 5,100. Confirmed cases have topped 200,000. In new york, topping 81,000 cases. In italy, the lowest daily death toll the new number of active cases declining. The hate he
Areas. This is wednesday, march 18, 2020 and our special coverage of the coronavirus outbreak begins right now. Good morning and welcome im Morgan Brennan u. S. Stock futures at a down open the Dow Jones Industrial average is indicated to open down more than 1,000, the s p is down 120. If we were to open right now and the nasdaq down 386. Looking at the major etfs that are tracking remember, these are not subject to any of those limit down figures which paused dow etf is down nearly 6 in the premarket s p 500 is down almost 6 . The qqq is down almost 5 . This comes after an almost 1,000point rally yesterday. Recouping the losses with he saw on monday after the massive new stimulus in the face of the coronavirus outbreak and slowing u. S. Economy hopes around stimulus. Boosting bond yields we saw some big moves in the treasuries the 10year back above 1 at 1. 95 . We have seen a steepening of the curve. Check out moves of oil as well wti now at its lowest level since early 2016 trading a
Good morning welcome. Im Morgan Brennan live at cnbc headquarters kicking off with historic moves on wall street as the dow moves towards 20,000 the First Time Since february 2017 the dow has now erased all of its gains since President Trumps inauguration back in 2017 this mornings futures it has been volatile, we started higher, turned lower weve gone flat. Right now, the dow is indicated to up 194 points, the nasdaq to open up 143 points it has been a wild ride. Futures spikes on the news of the stimulus from the ecb. Weve been bouncing around ahead of that 9 30 open. Taking a look at the bond market weve seen a lot of volatility there. Treasuries yesterday sold off with significant spike climbing as high as 1. 25 . Now coming off as investors move back to treasuries with a 10year at 1. 177 . Just off threeyear highs. I want to get a check on crude bouncing back in a big way after sinking to its lowest level in 18 years 20. 37 a barrel ice brent 26. 91, an 8 bounce. We are still at t