You, Procter Gamble Ceo David Taylor will be here to weigh in on what was the best quarterly organic Revenue Growth in years. Joining us now for the hour, though, charlie baa brinskoy from aerial investments. Industrials are an interesting standout today given lowered expectations for u. S. china trade hopes. What is that about low expectations. We had some people report and they were better than peoples fears. We had big companies, the big maker of drilling rigs people were worried about that, they beat, and the stock was up almost 15 Zebra Technologies makes scanners, and that business was better than expected, the stock up 15 . Low expectations, you think, which are easy to beat on earnings, but not on the fed you think maybe only able to cut in the shortterm . Yeah, that is the consensus prediction i happen to agree with it, which is one cut, 25 basis points. I dont think theyll pull a baitandswitch. I think they would not want to mislead the market i think that will happen, but it
Fall. The central bank shift as the bank of japan ends the negative Interest Rates. Later, with the National Association of realtors settlement means for realtor s and brokers. Its tuesday, march 19th, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you so much for being with us. Lets get you ready for the trading day ahead. We kickoff the hour with the stock futures check with the positive session for stocks yesterday and hthe fed kicking off the twoday policy meeting. The s p is flat. Dow is just down a bit. We are checking the yields. The benchmark coming in at 4. 32 . We will watch the moves this morning. We want to look at energy market. Look at the oil which is coming off the highest close since october. It is fractionally higher. Wti is trading above 80 a barrel. 83 a barrel. Brent crudeat 87 a barrel this morning. Thats the set up. Lets turn our attention overseas and the story of the boj and the impact with the
Downright unnerving. Were now looking at the other side of what the feds been doing to stamp out inflation, and its a big reason why the dow lost 199 points. The s p shed and the nasdaq 1. 06 . Were going have to learn with not a collapse in commerce, but definitely a slowdown. Along with the decline in profitability that always comes at this particular point in the business cycle. Each day we see more of these cracks. Extremely disappointing numbers from southwest airlines, luv. But there was no love. The airlines margins are being pressured by higher gasoline prices. Its not 250 to 260. Its budget is 270 to 280 ewhich is a huge difference. Southwests revenue per available seat mile, is down rather dramatically. Were looking at a 5 to 7 decline when the company said it would be down just 3 to 7 . That is jarring. It looks like business is finally getting hurt by the sudden rise in oil. Its up in a straight line. And you cant ignore the fact that southwest revenue per available seat mi
Market impact. Plus, disneys board battle heads for its grand finale as it appears to lock up shares from one major shareholder. And the best ideas for q2 and beyond. The mining places our next guest is rolling the dice on. Its wednesday, april 3rd, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thanks for being with us on this morning. Lets kick off the futures and check with the morning with the stock futures, he said. Right now were seeing more pressure. You can see the s ps implied lower by roughly 6. 5 points. Downside, but stable. Meantime the nasdaq is posting its second lost in the last three sessions. The dow declining by 1. 5 . Some stocks are still climbing to new a 52week highs. That includes dominos pizza. Ge, kroger as well. And looking at the bond yields as bets on a june rate cut by the fed cools off. Right now the 10year yield ticking higher at 4. 5 . The 2 year at 4. 7 . Tensions in the middle east are provo
Meanwhile, home sales the highest read since september, as builders pull back on prices, and offer incentives we old ll talk to the ceo of h hughes holdings. And tesla, the stock hitting a 52week low yesterday. But one shareholder finding a few Silver Linings and a vote of confidence for elon musk what has her bullish, coming up. Before we get to that, lets get to dom chu for a check on the market action. Oh a strong folio lineup to yesterdays rally, a solid 2 above the levels that we saw just on friday so a twoday bounceback for the markets overall. The dow up about 240 points, half of 1 , 38,480 the s p 500 is at 5,066, up 56 points, north of 1 gain, and its been a positive day even at the lows, we were up 17 points in the s p, up roughly 61 at the highs so tilting toward the higher end of that range. The nasdaq composite, pacing the advance off 1. 5 , 225 points, or 15,675, the last level for the nasdaq index three earnings movers headlines, among the many two generals out there Gen