His freemont factory closed. And boeing ceo on the record about the future of his company and whether all carriers will ultimately survive it is tuesday, may 12, this is Worldwide Exchange here on cnbc good morning, good afternoon, good evening. Welcome. Im Brian Sullivan thank you for spending part of your tuesday with us a look at your money and markets. Stocks coming off a mixed session yesterday, the dow down 109. The nasdaq higher again today. Nasdaq 100, if you are counting at home is now just 4 from its alltime high. We are going to show you how that stacks up against other global indices and well show you how the United States is still a haven. Starting again with the Global Consumer we are getting more and more signs of the impact of the virus or the lockdowns well get shocking word from toyota in the asian markets, we did see a weaker session unfortunately closing down around a tenth of 1 toyota down closer to 2 after we did get positive profit numbers for the fiscal year. It
Firmly above 1. 7 . Andrew thank you. We have a crazy big show for you this morning lets just tell you about the lineup among the highlights, we have author ben measurer. Former of ceo of airlines. First Television Interview with the ceo wework in the midst of all of this big questions. Ceo of General Mills and then someone who never holds his tong, venture capitalist and investor coming up in the next three hours. We are going to do it. History in the making today. Central bank will begin buying etfs their Corporate Bond etfs but the First Time Ever. The idea is to be able to direct the money into the credit markets faster than by buying bonds. Reporting that the purchase about 250 billion of the feds 750 billion program inching closer and closer to stock etfs. Probably not a health of a buy on this buy owe tech etf we cant make that leap, right guys when you read this, werent you like, etfs it is not that favre a jump once i read it, instead of this bond, that bond, lets do it i unde
More green shoots are being seen in the American Economy. Well he show them to you. It is monday, may 11th and this is Worldwide Exchange right here on cnbc good morning, good afternoon or good evening, welcome from anywhere in the world youre watching im Brian Sullivan thank you for starting your week with us here on cnbc lets get a check on your monday morning futures. Dow futures up just about 40 points we are coming back backtoback solid sessions for stocks, the dow was up 450 points on friday. And it capped off wall streets first winning streak in nearly a month. Even thousagh it is early mornig this may be the most eyeopening stat youll hearle all day with the recent rebound the nasdaq 100 is now only 5 from its alltime high. Onethird of that index is up 25 over the past year think about that, folks. A Global Pandemic, nearly global lockdowns and the nasdaq 100 just 5 from alltime higher oil reflecting a more optimistic tone lately. Around 24 a barrel. Down 3 but well off its low
Our Investment Committee today will debate it we are in the red for the s p and the dow. Were off the session lows like carl pointed out, it may have had something to do with the headlines coming out of the new york Governors Press conference where he mentioned a phased out idea starting this friday the dow industrials only down 140 points the s p down the nasdaq is tech stocks up half a percent 9165 the level there our Investment Committee are making some moves today. Steve, youre seeing a couple of things happening in your portfolio. What have the recent moves done whan and what are you trading in and out of im not trading out of much i did sell some peleton. It worked out tremendously well. Not quite a double but fairly close. I still have some left what ive done is and i did this on friday afternoon is i added to baba in expectation of disney opening in china because i thought that would lift the market ill reduce that position back to a core position i bought some out of the money
Dow futures are down by 40 s p futures down by 5. 5. If you want to take a look at the treasury market, the tenyear right now at this point, of course wti, i should point out, is down by 2 still trading above 24. The tenyear yielding 0. 7 0. 697 andrew well get an update on the pandemic the number of cases worldwide, crossing 4 million with 1. 3 million, thats in the United States the biggest hot spots in america are new york, new jersey, massachusetts and illinois all with more than 75,000 cases. Now, new yorks Governor Cuomo saying yesterday the number of new cases was back to the level from two months ago. Lots of good news there, when he first issued the shutdown order. Overnight, india, reported 4,200 new cases in the last 24 hours the largest single day increase in the country they are entering the final week of a nationwide lockdown a few cluster formed around nightclubs in south korea. They eased restrictions last week but on saturday, shut down all clubs, bars and discos in se