Dollaryen pushing a bit higher. You are also looking at the 10 year going no real place, and oil trying to stabilize as earnings continue to rollout. Honeywell the latest, suspending their fullyear guidance. Time for todays market moving news from new york and washington. Lets start with earnings. We are about halfway through the seasons. Oil giant chevron out this morning, cutting capex for the second time at about five weeks, warning profits will suffer. Bloombergs Annmarie Hordern has more. Annmarie thats right, that capex headline is really the one to take away from chevron. Clearly, they are doing what they can to save cash. The original plan before they cut earlier was for 20 billion. 14 billion is roughly where chevron has been spending over the past three years or so. Dividends has been a big topic for the oil company. Sayingre now they are they are doing everything they can to protect it. In just going to be out under 30 minutes. They said they are going to freeze it. One thin
And later on, there is no alternative to japan. Stocks doing something there for the first time ever. Its monday, march 4th, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Im frank holland. Lets get you ready for the trading day with the hourly check of the u. S. Stock futures. Take a look. You will see stock futures in the red across the board. Looks like the dow would open 70 points p lowlower. Nasdaq under pressure. The nasdaq joined the s p with the first alltime intraday high on friday. Still off the alltime highs are the small caps. The russell 2000 trading at a fresh 52week high. It is lagging the other indices. Only up 7. 5 . Growing more more highs with bank of america boosting the lofty target for the year end antiingd tying for the higheste street. Well have more on that in a moment. Take a look at the s p 500. We will show you what is moving in the premarket. Doordash up 2. 5 . Followed by micron and sirius xm rad
Telling investors not to put their money in the volatile times. Later in the show, nvidia following into the regulatory microscope with the office raid. It is friday, september 29th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Im frank holland. Happy friday. Lets start the day with the check on the u. S. Stock futures. Look here. We are in the green. Dow would open up 100 points higher. The nasdaq is. 50 higher. It is early. A big part of the dow move is the premarket with nike popping on the mixed report. Look at nike shares right now up 8 . It is important to note they are down 17 for the year to date. More on that slide coming up in a moment. All this as the markets look to wrap up a rough month for stocks with the s p and nasdaq on pace for their worst month of this year down 4. 5 and 6 . Dow down 3 as well. For the quarter, the averages here down across the board with the dow and s p set to snap win streaks. The nasdaq on pace for the worst quarter since
A and putting the eye on the funding measure for yoshi son. It is thursday, september 28th, 2023 and you are watching Worldwide Exchange here on cnbc good morning welcome to Worldwide Exchange. Im frank holland. Lets start the day as we kick off the hour with the check of the u. S. Stock futures basically flat across the board. Dow would open up 30 points lower. It is early. Stocks coming off a mixed session, but down for the month and quarter ahead of the open. The s p and nasdaq are on pace for the worst month since december of 2022 you see the down side action here the nasdaq is hardest hit down 6. 5 we are looking at the bond market yields at the 5 and 10 hitting the highest level since 2007 4. 63 for the 10year treasury the 2year treasury is rising since yesterday now at 5. 13. We are looking at the Energy Market and oil is moving higher to the upside. Oil at the highest level since june of 2022 9 93. 85 brent crude is up with natural gas down. 50 . Lets turn attention back to equ
At whatstake a look going on in to those brexit talks. The pound is up by. 2 . Stronger dollar story throughout the day and dollaryen is up to. 6 . 58 basis points. Thats really steep. Time for the morning brief. Ahead. A look at the week today theresa may is scheduled to meet with Jeanclaude Juncker. Then social democrats hold their convention. Congress has to act to avoid a Government Shutdown and we are also going to get on friday u. S. Jobs numbers. Big week ahead. Topics tax, u. K. , cvs buying aetna. The talk on the talk shows was all about taxes. Had towhat the senators say. When you heard the president say we are very close to the finish line you know he has wanted a 15 right from the beginning. Is parted to a 20 rate of the discussion. The house as a 20 right now. We are happy with both of those numbers. If something small happens in conference that gets us across the finish line we will look at it on a casebycase basis. Business tax all the way down from 35 to 20. It could be