Themselves on the wrong end of a judges decision in california it is friday, october 23, 2020 and you are watching Worldwide Exchange on cnbc good morning, everyone. Im seema mody in for Brian Sullivan we kick off your friday morning with a look at stock futures, the dow up currently about 75 points the major averages august coming off their second positive day in three. But looking to end the week in the red. Here is how were set up the dow and s p are on track to snap a three week winning streak, the nasdaq on pace to break a four week winning streak for its first worse week since september. Part of that is apparent rotation out of Technology Take a look at the ishares and momentum etf, it is down more than 2 this week. And on pace to snap a five week win streak the etf tracks tesla, apple, amazon, invidia and microsoft. But not to be out done, First Trust Dow jones Internet Fund is now down about half a percent for the week eyeing its first down beak week in five financials and regi
Australian government is slowing down. It is flat in the session. The jci and jakarta composite index just started off its trading day. Dollar index moving to the upside. Sterling is flat at the moment after gains. Those gains coming about after we got brexit talks being extended to the end of october. That is adding some optimism that may be a deal could be done after one of the chief eu sides comingid see close together at the end of last week. Crude oil and gold moving to the downside as we have limbo in regards to the fiscal package or stimulus package out of capitol hill. Lets have a look at what is going on in terms of the first word news as we get over to new york and join Karina Mitchell. Karina global coronavirus numbers continue to make headlines with the u. S. Reporting record infections for the second day in a row. The white house saying the administration is not going to control the crisis. the news comes as Vice President mike pences chief of staff tests positive. Withe h
Was threatening place for. 2 years later and the reasons are still unclear the case of jump. Start september 30th on t. W. Get hard pon that is hard work its like being back in school the 63 year old has dictation today. Wants to finally be able to read street signs. Its hard for me. For decades he hid the fact that he cant read and write but he wants to change all that. Way my dream is to write my daughter a letter. What does that say. Youll use. The street sign up there but its really hard its always difficult to read. What you did of course its different for people who can read but. Now i just cant. With about the numbers there i can read them. Every tuesday get hardpan that attends literacy classes. He knows the way there by heart he knows which buses to take and its the milieu with the street names. But if he has to go somewhere new its more difficult. Sometimes i invent excuses because im a bit ashamed that i put on a swiss accent. Excuse me please could you help me im not from a
Straight from the top other activists saying poison is just one tactic the crimean uses against its enemies and sudan declaring a state of emergency because of floods more than a 100 people a dog and thousands are homeless the rising nile river is also threatening ancient pyramid. Our viewers in the u. S. On p. B. S. And our viewers all around the world welcome we start tonight in the rooms and some dramatic developments in the mystery about what has happened to leading opposition figure Maria Kolesnik over kolesnik over with missing on monday sparking intense speculation about her whereabouts. Released these pictures they said. They detained kolesnik over all she was trying to escape or cross the border into ukraine now into opposition members who were with her in the same car have spoken out providing some dramatic new details. Are for theres a tales im joined now by resnick aman a journalist in the capital minsk she has more of that snow it is good to have you on the program so what
Territory in a single trading session. For some, it was even worse than that check out shares of apple down it lost 180 billion in market cap. That is the largest oneday lost for a u. S. Listed company on record if that isnt enough to get your attention. Apple lost more in market cap yesterday than the individual market capitalizations of 470 of the companies in the s p 500 it wasnt just apple microsoft, alphabet, microsoft and even tesla saw their market caps shrink. Microsoft down by 115 billion amazon off by 93 billion. This morning, things look a little better. You still have the dow down 150 points right now, it is reverse that up 300 points the nasdaq saw the biggest declines, up 27 points right now. We have to keep that in context a few things in here as well talking to people all day yesterday, here is the list. Youll want to know exactly what happened it was the nasdaqs largest drop you dont go up 400 and down that will be highspeed trading. That would matter until they do. Va