If we follow simple rules together, well get through this winter together. There are unquestionable winter months to come and the fight against covid is by no means over shares in adidas and puma raced forward boosting the sports wear sector tesla shares in frankfurt hit reverse after the ceo said plans to scale up battery production will be extremely difficult. A warm welcome to street signs. Lets kick off the show with fresh data just off the wires. This is the eurozone composite for the month of september according to this flash estimate, 50. 1, that is the slow down from the growth rate in august the Services Sector has fallen into kraks 47. 6 down from 50. 5 in august. The Manufacturing Sector holding up better. 53. 7 that was ahead of consensus in 53. 9 so a very, very clear trend as we look at the overall eurozone numbers as well as the german and french numbers as well as there is a twospeed recovery taking place continuing to strengthen on the back of demand Services Sector st
Making a new case to walk away of the 16 billion buyout of tiffani. The real morning grind. What krispy kreme, starbucks and more have in store for you that youll need at 5 00. That and more here on Worldwide Exchange on cnbc. Wherever in the world you would be watching. Good morning or late night to tampa bay. Some people may still be partying social distanced and spo responsible of course because tampa bay beat the dallas stars to win the series 42. The second cup raised in tampa bay history. Hopefully next year, fans will be there congrats to the nhl for just getting it done. Here is how the money and the Global Markets are setting up for their tuesday. After the dow and s p rallied into the close yesterday posting their best day in more than two weeks. For the month, a different story. The dow, s p and russell are still on pace to snap five month win streaks. Sectors to watch today, energy after logging a gain oil and gas stocks actually made a little money random but interesting m
Year on Worldwide Exchange on cnbc welcome to Worldwide Exchange, i am Brian Sullivan. Thank you for joining us on this busy friday. Shocking news breaking hours ago as President Trump and First Lady Melania Trump have both tested positive for the coronavirus. Tweeting just before 1 00 a. M. Eastern that he and the first lady will begin their quarantine and Recovery Process immediately. The news coming hours after hope hicks, one of the president s top aids also tested positive for the virus. Monther details in a moment and throughout the morning stocks are reacting negatively dow down 328 points. Lets take a closer look and you can see at the point where news broke as the president broke it himself. They are still down more than 300 points the bond yield down as well. Down. 67 . All Financial Markets are moving oil is selling off in a fairly big way. Not just on the president s news but on the increased number of cases around the world and the likelihood of lockdowns and slow downs in
Began logic in the tiktok negotiations amid news china is unlikely to back the deal with oracle and walmart President Trump says he will nominate a candidate to replace Ruth Bader Ginsburg on saturday. Sources say he met with Amy Coney Barrett at the white house. Lets get to the top story today in the United Kingdom. The government is expected to announce a series of new restrictions imposing a 10 00 p. M. Curfew for pubs, bars and restaurants and expected to do a you turn when it comes to work from home guidance raising the alert level to four. Saying the risk of second round of infections is high or rising. Speaking to cabinet news, the government is working to ensure people continue normal life limiting social contacts no one wants to do these things or take these steps they are reluctant steps but they are necessary as we were reminded and you are reporting, the rate of infection is increasing. The number of people going to the hospital is increasing and we need to act is it is not
The dow down by almost 1,000 points the decline of 1. 8 . S p by over 8 the nasdaq a miracle come back after a laydate rally weve been bouncing around positive territory right now, the dow down around 14 points, s p up about seven points and the nasdaq up about 70 points. We are talking about a town month for the markets, we are looked at four sessions in a row. Thats the longest losing streak looking at these numbers, you are talking about these lower numbers. Month after month i think we had april, may, june, july, august are all up. Stocks only go up not in september. In an Election Year it can take on significance. The nasdaq can move. We can see it down 400 or more points can that close higher again today . Thats a good move you could look at it midmorning and then it seems like it is not the tale at this point kind of the log. Faang, tesla and the leadership move. Apple made the rally yesterday too. Gold is supposed to go up bitcoin, supposed to go up weird. Thats where you think