We have a mega deal in the oil patch. And is it the time to buy tech . Citis upgrading the global tech sector, suggesting a recent pullback might be a good opportunity. Well talk through that as well. Lets dive into the jobs number. As we said, 336,000. We were looking for somewhere in the 150,000 range, jim. Hospitality, up 96. Government, up 73. You cant stop this thing. Hospitality is very interesting because a lot of the people feel the travel and leisure bull market ended two months ago, and yet its just the analysts. Because whether it be cruise, hotel, restaurant, the numbers are great. And everyones just predicting, well, that cant last, cant stay this way, and its always the same litany. Its student loan, consumer strap. It hasnt happened yet. What youre seeing are numbers which are still indicative of what the companies are saying, not what the analysts said the companies are going to say. No gibberish here. This is this economy is so hard to kill. It really is. You know, do
Europe may have to pay up for premium features. It is tuesday, october 3rd, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Im frank holland. Lets start the day as we kickoff the hour with the check of u. S. Stock futures after the mixed monday. We see the nasdaq with the fourday lead. The dow is up right now. Up 30 points or so. Higher for the s p. As always, it is early. We are checking the bond market with the tenyear marching higher. 4. 68. You see the upward move over the last month. These yields moving higher. Something well talk about later on in the show. We are looking at energy. Oil extending recent losses after its worst day since august. Look at the wti crude right now. Up fractionally. Back below 90 a barrel. The move to the down side. A few days ago it was above 90 a barrel. Still positive for a month. That is your u. S. Set up. We now want to go to europe and opening up in the red after the rough session overnight in a
Fingernails. No, im not talking about Hillary Clinton versus donald trump, for heavens sake. Im talking about the Cleveland Indians versus the chicago cubs. Thats what matters tonight. I think that in many really bizarre ways, the world Series Finale feels a heck of a lot like todays market where the dow dipped 77 points, spiep declined 0. 65 . Nasdaq lost 0. 93 . Now, you know me, i care about the players for certain and the game is definitely vit russ. But when i think of cleveland versus chicago, im defaulting to a map of cramerica and the players that rule those two cities. In chicago, its walgreens, boots alliance, boeing, Archer Daniels midland, United Continental and all state. Cleveland, eaton, sherwinwilliams, parker hanifin, key corp. And cliffs natural resources. I have no idea who wins the big game tonight but i dont really care, not that i dont care about baseball. Mike schmidts my hero. Its that i like both the cups and the indians because theyre both underdogs like my te
To having technical difficulties, but they were led here, presumably because they were following some leads based on the cell phone intelligence, and again also following a female suspect here. And a lot of people were startled, but grabbed their smart phones. Lets take a look. It was an ordeal that will lasted hours. Marked by gunfire and explosions. It started predawn in the gritty, highcrime neighborhood, startled residents huddled with children and grabbed cell phones. Intelligence from tabbed phones led them to believe the mastermind of last fridays attack Abdelhamid Abaaoud was here in a safe house. A woman was killed when she set off an explosive and another terrorist was killed by shrapnel and grenades. Others were dedetained. It is all Aggressive Police hunt for suspects in the paris massacre. President hollande prays those elite forces that moved in, how the people must have been afraid, but he told all of france that they should expect to see this more often. Well send it ba
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