Themselves on the wrong end of a judges decision in california it is friday, october 23, 2020 and you are watching Worldwide Exchange on cnbc good morning, everyone. Im seema mody in for Brian Sullivan we kick off your friday morning with a look at stock futures, the dow up currently about 75 points the major averages august coming off their second positive day in three. But looking to end the week in the red. Here is how were set up the dow and s p are on track to snap a three week winning streak, the nasdaq on pace to break a four week winning streak for its first worse week since september. Part of that is apparent rotation out of Technology Take a look at the ishares and momentum etf, it is down more than 2 this week. And on pace to snap a five week win streak the etf tracks tesla, apple, amazon, invidia and microsoft. But not to be out done, First Trust Dow jones Internet Fund is now down about half a percent for the week eyeing its first down beak week in five financials and regi
Lacqu lacquer. Heres what else is happening this hour. Stocks in the green as we get closer to the weekend. S p 500 higher. 25 along with the nasdaq and dow. Led by big gains. Mylan having lows after releetsing a report medicaid grossly overpaid for epipen drug. Young brands seeing a 460 million stake in china unit in a unit of alibaba. Very busy two hours ahead. Including jobs report. Some are calling a dud. Its great. Loved it. The u. S. Economy adding a weaker than expected, 151,000 new jobs last month. Begin with comments from the Federal Reserve and sees the leaseman. Couple guys speaking next week. A week from tuesday, blackout period. Very much on the hawkish side of things. Rates should be significantly higher given look at variety of rules out there. He points out the recent job growth has been about double the population growth. Thats enough when youre at full employment. Inflation he says is the likely to lift. Benchmark rates for the Federal Reserve. The data is consistent
Support of the African American senator, tim scott. Help me welcome marco rubio. Reporter like a prize fighter entering a ring, marco rubio took shot at president obama. With a well worn line. Were going to undo the damage that barack obama has done to this country. [applause] now, when i say this, and i say that more than once, then the press says hes repeating himself. Trying to undue the disaster he made at the New Hampshire debate, saying a phrase four times. He seems to have roiferred and threcovered andthe endorsement. Haley healy. I hope hes going to win the state with a tail wind. Recent policies suggests bush remains near the bottom of the republican field in the sait with donald trumstatewith donal. I think hes the most mature guy, the youngest but the most mature. Hes not shouting, yelling and he knows his stuff. Bringing america back to what it was originally, fixing what is wrong. Sounds like donald trump. No, hes too hotheaded. The florida senator is hoping for second pla
There are moments when serious parties president ial candidates can emerge. We may by a proeching one of those moments. Also, well head out to the plains of iwest virginia ted cruz spoke there last night and is uniteing, killing pheasants there today, excuse me. The gop establishments have been taking a shot at him. Its a big problem for republicans and well discuss it. Also on up against the color we made history last week with our highest score ever in our first ever jackpot winner. Now three new contestants will one up there. Brian, they are coming for you. First, i want to start in 1961, it was a hopeful time in america, john q. Kennedy, the new frontier and generation, a new idea for how to foster good will throughout the world. The vanguard of peace corps volunteers who will fan throughout the world in undeveloped countries starts training in rutgers university. A visual examination is first on the agenda for the youths seeking to fill 64 vacancy, on their first day the group of
Weekends with alex witt. New remarks from president obama about the isis threat and other Global Threats facing the u. S. Right now. Nbcs Kristen Welker at the white house for us. President obama attended three fundraisers yesterday, and one of them in purchase, new york, he really tried to reassure the crowd as he faces these two Foreign Policy crises, the threat of isis, and of course the recent incursions of russia into eastern ukraine. Ill tell you what he said and then we can discuss it. He said, quote, i can see why let me start here. The worlds always been messy. Were just noticing now in part because of social media. He said, if you watch the likely news, it feels like the world is falling apart. And then he also said, we will get through these challenging times just like we have in the past. The president saying this of course as his Foreign Policy is being tested right now. And this past week, the white house really in damage control mode after president obama said he didnt y