Secretary mnuchin resuming talks and as carl just said, stocks are set to rally at the open despite ongoing fears, where are the opportunities for investors . Were going to have a look at the sectors and the stocks that could still be poised for growth in this ongoing and still a covid market as we say, carl, with cases at highs in many states yeah. Indeed though, jim, although there is a lot going on this morning, got to start with the chip story you made the wires by suggesting that xilinx may not be ready to sell. I had the ceo on in august, hes so excited about all the new markets that hes going into hes talking about video, live video streaming hes coming into, auto exposure. The problem is every one of those dove tails perfectly with advanced micro i can see the ceo saying all the areas we need to be strong in, xilinx can give it to us i also see that victor, when he was on, was saying, this is new for us, were just doing this. This is not like when altera was going to be sold to
Hearing from you, loyal viewer and the latest poll on twitter. We are going to hear from you on this wednesday, september 23 this is Worldwide Exchange here on cnbc got a little music to get you going. Good morning welcome to wherever you may be watching here is how your money are setting up their day nicely in the green. At least for the dow futures futures up 186 up a little less all of this coming off the dow snapping a threeday losing streak the dow and s p snapping fourday losing streaks. The big cap names you know amazon close up nearly 6 . Our Parent Company comcast, 3 , facebook 3 . Nasdaq 100 up 5 from the mondays low to yesterdays close. So traders making a little money. A day or a swing trader is a 5 move in trading sessions outside of tech, the sector star, Consumer Discretionary up 2. 7 . The only real decliner of note was tesla. Also down 4 after falling 5 from a battery day bust failing to invest on lower expectations despite radicily better batteries after an extended h
Fourday losing streak joe said it. Youve got nike being a big gainer there nike is responsible for about 100 points of the gains. S p futures up 13, nasdaq up 41. Nasdaq was the big gainer. Facebook up about 3 these are the ones that moved so quickly those are responsible for so much of the gains it looks like the 10year seems to be yielding right around drum roll please all right, im going to say 0. 66 becauses that where it has been all right. 0. 67 last night, the house passing a bill to fund the government into december and avoid government shut down clearing the house by an overwhelming majority now heads to the senate where it is expected to pass they want to get past the shut down to focus on passing more Coronavirus Relief that is a little less unclear about whether Something Like that will happen joe . We mentioned nike doing well. Premarket doing pretty well beating estimates of 47 cents. Online sales rose and the company gave guidance for 2021 expecting sales in high Single
The nasdaq gaining 1. 7 . There could be a big threat bubbling underneath this market. President trump and chinese president xi jinping both dialing up the rhetoric today at the u. N. General assembly. Reporter President Trump has often used his annual speeches at the u. N. General assembly to challenge his adversaries, whether its the Nuclear Regimes in iran and north korea or for the second year running china, which he took direct aim at in his speech this year that was prerecorded despite consummating a trade deal with china in january. At this years virtual diplomatic gathering, the speeches were prerecorded and shorter than usual, but President Trump pulled no punches against china, which he accused of letting citizens leave the country and infect others and accused it of withholding information about the virus. The Chinese Government and the world health organization, which is virtually controlled by china falsely declared that there was no evidence of humantohuman transmission.
From home and implementing new restrictions he is speaking to the uk as we speak. And big tech stocks gaining back some ground after a rough month. Amazon climbing up analysts say the selloff created an attractive entry point. Sara, we have 59 minutes another volatile session amazon is nicely higher. The Broader Markets are slightly higher yeah, taking all of Consumer Discretionary it with. Retail winners today as well coming up on todays show, despite the upturn, the nasdaq is the underperformer in the month of september so far. Were going to ask tiech investr dan niles where he is putting his money to work. Even the ceo of levi will join us with a look at how consumers have spending money. And speaking of retail, were counting down to nike earnings to day after the close, nike by the way, best performer in the dow right now. Well get results from stitch fix, kb home and teslas Shareholder Meeting and battery day. It is shaping up to be a busy afternoon of news. 58 minutes left of tra