Robots to assist in social distancing well talk to the president of George Mason University about that schools hightech Higher Education plan power lunch starts right now thank you. Lets take a look at where we stand with the markets at this hour the dow and the s p are on track for their first weekly declines in a month its now down for the second week in a row. Down another 92 points today big piece of that, check out apple down again today now down about 4 for the week the stock is still up 90 from its 52week low. Its been a rough slog for apple. The bioteches are weighing os the nasdaq you can see the two themes playing out now as we look to close out the week health care and technology, the underperformers today. Theres only one sector in the green. Its Consumer Discretionary and just by a hair tyler. Thank you. Lets send it over now to kayla for news about the other story that is driving the markets today and that is those rising tensions between United States and china. Kay kayl
Smartphone sales. Details about the beijing security law. Shery this is quite a reversal from the deficit we saw in the previous month. We had seen south koreas current account falling to deficit for the first time in about one year but the numbers have recovered and we are seeing a rebound with our current account surplus topping 2 million. When it comes to goods, the trade surplus coming in at 2. 5 billion for the month of may. This is quite a recovery given that we had really fallen to the lowest level since 2008. Good trade surplus numbers. A much better than expected number out of south korea when it comes to the current account surplus and also the goods trade surplus for the month of may. Lets see how markets are trading at the moment. We are seeing now nikkei futures unchanged. Same for u. S. Futures. This after we had stocks here in new york jumping following the holiday weekend. We had seen five sessions of gains for the u. S. Now unchanged at the moment. The japanese yen Hol
Reopening. What is it like to go out to dinner well let you know. A buffett solomon breakup. Well focus on another berkshire breakup making waves ahead of the open. Tsa temperature checks and massive lines out of the industryway . Some of the ideas being floated with more than a dozen out there to get the American Economy and airports going again it is monday, may 18th and youre watching Worldwide Exchange right here on cnbc good monday morning, good afternoon or good evening and welcome from wherever in the world you may be watching us thank you for starting off your monday on cnbc im Brian Sullivan we have a fair amount of green on the screen and a little optimism to start your week. We can all use some of that. Certainly we can and the markets are reflecting it. Many countries are starting to reopen and there are some positive virus trends. Fewer cases and, more importantly, a slowdown in fatalities, at least around the world. Dow futures are up about 300 points right now perhaps th
Across the countntry a and pose Serious Health and economic threat. An Emergency Declaration would allow governors to order School Closures and ask people to stay home. The law would also enable governors to use land or buildings for emergency medical facilities without the owners consent. Japans top Government Spokesperson says an Emergency Declaration could have a grave impact on peoples lives. Translator the Emergency Declaration will require a careful decision based on expert knowledge from various fields and will take into account the opinions raised in the diet. Some lawmakers expressed concerns over how an Emergency Declaration would affect the individual rights and privileges of citizens. Others said the government would have the responsibility to explain its actions if it decides to declare a state of emergency. The International Olympic Committee Says it will leave it up to the World Health Organization to decide the fate of the summers Tokyo Olympics. Ioc president thomas ba
Is today the future. Dot com africa mega city. Could turn. Virus wipes trillions of Global Financial markets this week. As the number of international cases spiral around exchanges shows no signs of slowing. Big fulls on the main stock markets. The virus has. Ties with many countries across the continent. And when the going gets tough in. Pandemic a financial instrument designed to help low Income Countries deal with the spread of a disease. That investors panicking the coronavirus keep spreading around the world and africa hasnt been spared the confidence most populous country nigeria has reported the 1st case in Subsaharan Africa in the economic hub of lagos a mega city of 20000000 that used stock markets tank on deepening fears of a pandemic african equities to the Lagos Stock Exchange closing more than 2 percent. In johannesburg fell by 4 and a half percent and kenyas leading index the. 5 and a half percent africa has close business ties with china where the virus is already taking