Outlining plans to diversify away from china. A monday merger on tap and possible 4 billion vanilla cream filled deal. And instacart ready to kickoff the ipo, but appearing to be far from the hey day of 2020. It is monday, september 11th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Well welcome to the show. Im dominic chu in for Frank Holland. Lets kickoff the show with green on the screen with the nasdaq and s p coming off 1 losses last week, but for the time being, the dow is higher by 75 points. S p is higher by 18 and the nasdaq higher by 21 points. For the transportation stocks, they are coming off a nearly 4 loss last week. That index worst since early march. Checking on the bond market. Yields are on the move. You see just a little bit of higher motion. Lower prices and higher yields for the 10year treasury at 4. 2 t 8 . 2year treasury is 4. 98 . The 30year treasury is 4. 36 . In energy, oil is in focus with cpi coming out this week. Energy prices are o
Secretary yellen later this morning. Auto strikes, day four with both sides digging in. The uaw rejecting the latest wage hike proposals while both ford and gm announce temporary layoffs due to the ongoing walkout. Plus apple reportedly seeing strong iphone 15 demand in china, and tim cook says the vision pro remains on track. Lets begin with the markets as we do kick off a new week. Jim, we didnt get to check in with you on friday. Any degradation, do you think, in this idea of a soft landing . Even the journal today takes a look at how it gets a little tougher from here. I do think that this auto strike is has potential to be very disruptive. I think that oil, clearly, to me, is headed to a hundred before it goes lower. Thats negative. The higher Interest Rates are starting to buy. Theres a really interesting call for lennar, stewart miller, the executive chairman last week, he was talking about the idea that the buyer is getting used to the idea that they have to pay more. Thats the
Outlining plans to diversify away from china. A monday merger on tap and possible 4 billion vanilla cream filled deal. And instacart ready to kickoff the ipo, but appearing to be far from the hey day of 2020. It is monday, september 11th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Well welcome to the show. Im dominic chu in for Frank Holland. Lets kickoff the show with green on the screen with the nasdaq and s p coming off 1 losses last week, but for the time being, the dow is higher by 75 points. S p is higher by 18 and the nasdaq higher by 21 points. For the transportation stocks, they are coming off a nearly 4 loss last week. That index worst since early march. Checking on the bond market. Yields are on the move. You see just a little bit of higher motion. Lower prices and higher yields for the 10year treasury at 4. 2 t 8 . 2year treasury is 4. 98 . The 30year treasury is 4. 36 . In energy, oil is in focus with cpi coming out this week. Energy prices are o
Outlining plans to diversify away from china. A monday merger on tap and possible 4 billion vanilla cream filled deal. And instacart ready to kickoff the ipo, but appearing to be far from the hey day of 2020. It is monday, september 11th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Well welcome to the show. Im dominic chu in for Frank Holland. Lets kickoff the show with green on the screen with the nasdaq and s p coming off 1 losses last week, but for the time being, the dow is higher by 75 points. S p is higher by 18 and the nasdaq higher by 21 points. For the transportation stocks, they are coming off a nearly 4 loss last week. That index worst since early march. Checking on the bond market. Yields are on the move. You see just a little bit of higher motion. Lower prices and higher yields for the 10year treasury at 4. 2 t 8 . 2year treasury is 4. 98 . The 30year treasury is 4. 36 . In energy, oil is in focus with cpi coming out this week. Energy prices are o
Outlining plans to diversify away from china. A monday merger on tap and possible 4 billion vanilla cream filled deal. And instacart ready to kickoff the ipo, but appearing to be far from the hey day of 2020. It is monday, september 11th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Well welcome to the show. Im dominic chu in for Frank Holland. Lets kickoff the show with green on the screen with the nasdaq and s p coming off 1 losses last week, but for the time being, the dow is higher by 75 points. S p is higher by 18 and the nasdaq higher by 21 points. For the transportation stocks, they are coming off a nearly 4 loss last week. That index worst since early march. Checking on the bond market. Yields are on the move. You see just a little bit of higher motion. Lower prices and higher yields for the 10year treasury at 4. 2 t 8 . 2year treasury is 4. 98 . The 30year treasury is 4. 36 . In energy, oil is in focus with cpi coming out this week. Energy prices are o