Good morning and welcome to the show im dominic chu. We begin this morning with breaking news and a possible turn around tuesday after stocks pulled back following the historic rally futures pointing to some gains the dow would open up higher by 286. Nasdaq higher by 106 points if these futures would hold at opening bell watching the dow futures, you can see it has been relatively steady but weve lost a little momentum we currently sit at the lows still the dow higher by some 42 odd appointments checking the bond market, we are seeing a Little Movement 2year yields down lets now go worldwide matt is in singapore and Julianna Tatelbaum in london a couple of other markets in asia back on line as well, today including australia and new zealand. It was a particularly positive session on the backs of stronger than expected data out of china a look at both of shanghai and hong kong markets after much trade data eclipsed expectations exports falling by 6. 6 much smaller than expected. Imports
Convention, and Democratic Candidates in iowa. That will get underway at four 00 eastern time on cspan. We wanted to spend the first talkingfirst hour about issues that are important to women. Thousands lined the streets on a cold and rainy saturday to strike back against President Trump. The first womens march took lace one day after his inauguration in 2017. We want to hear from you. Our phone lines are open at 202 7488000 for those in the eastern and central time zones. For mountain and pacific, 202 7488001, and you can also send us a text at 202 7488003. You can also find us on twitter at cspanwj, and facebook at facebook. Com cspan. A march took place yesterday on a cold and rainy saturday. Election year brings a feeling of hope at the womens march. The cofounderis of all in together, speaking about some of the issues important to women and what she expects as some of this Campaign Season unfolds. Here is part of the conversation. Guest there is no question and reams of evidence t
Good Tuesday Morning i am Carl Quintanilla with Morgan Brennan at post nine of the new york stock exchange. Jon fortt is in los angeles at the adobe max conference his sit down is a few moments away with Shantanu Narayen we start with uber shares down, despite the beat as losses for the quarter top a billion. Guys, good to see you. Dan, how much is this downward trajectory in price driven by model complexity relative to competitors . It is a small piece here, no doubt this is a black eye quarter for dara and uber, missing ridesharing metrics. You combine that with what theyre spending on eats, thats the one, two punch sending the stock down, could be an avalanche with lock up expiration. Do you buy the target of adjusted profitability by 2021 i do. I think it is not as much stretch as it would appear to be you look at the core ride share business, they came out with segment margins this quarter, 22 , a four percentage point improvement from a year ago. If they continue on that pace of
Me jimcramer help the employment, not a recessionary number, fed on the side of the bulls, consistency in china what more could we want out of stocks no wonder we reversed yesterdays loss and put on quite a show hall helujah rally climbing. 97 to record levels and nasdaq pulling 1. 13 , also a record. We spent the whole summer hearing expests warn that the economy is heading for a recession. And the stock market toward a cataclysm. I told you that was probably nonsense consumers have been very, very strong we have a weak Industrial Base so the fed needed to give it a boost and thats what happened this week. That why todays rebound from yesterdays suppressed levels makes perfect sense. All right. Thats history can the run continue i think it can let me tell what you could help. Lets start with monday. On monday, you have heard me speak of him many times on the show, alwaysbankable ceo of adobe. Hes holding what could be a semiabilityist meeting to said the crowd. They have been the bigg
Fall just as fast. Plus after taking off jack dorsey square, Hindenburg Research has a new target. This time carl icahn and we lay out the key factors at play. Its wednesday, may 3rd, 2023. Youre watching Worldwide Exchange right here on cnbc good morning and welcome to Worldwide Exchange. Im frank holland. Lets kick off the hour with a check on stock futures after a sharp decline yesterday. Looking at futures right now, theyre strongly in the green across the board you can see the dow opening up 20 points higher today is very early. Its a huge day, all of this ahead of the federal Interest Rate decision out ahead at 2 00 p. M. And then the News Conference to follow a tenth straight rate hike from the fed, one of the items on wall streets wall of worry along with the continued debt sector much more on all of that coming up later in the show with that in mind were checking the bond market starting off with the benchmark 10year note at about 3. 30. The 2year yield back below 4 were also