Belgium urge eu leaders to step up plans for a no brexit. 50 questions from german lawmakers. We will talk to a member of the team. Rd investigative a warm welcome to the program. U. K. Data. Datac sector net borrowing coming in this morning. Excluding the banking group. At 28. 3ber has come in billion pounds. That is below estimates. The estimate was for 30 billion. That are than anticipated. Really interesting aspect here payhat the Public Sector conversation will look like from here. We have a Spending Review coming wednesday of next week. In july, the chancellor made the point that the fed felt publicsector pay was needed. We are bracing for some effort from the treasury with regard to Public Sector pay. Squeeze in Public Sector pay perhaps coming. We will focus on that and it will be interesting to see the comments coming through or the numbers coming through on the banking sector. That is the u. K. Data. Markets. Futures looking a little bit mixed really if you take a global pict
And the department of justice getsset for the fullcourt press on livenation and ticketmaster. And later, Wage Inflation meets sticker shock in florida its thursday, may 23rd, 2024. Youre watching Worldwide Exchange right here on cnbc good morning and welcome to Worldwide Exchange. Thank you so much for being here with us. Lets get you ready for the trading day ahead. We kickoff the hour with the check of the stock futures stude futures are higher the dow has been moving between positive and flat. You can see it is down fractionally right now you see the nasdaq up big following the nvidia report. The s p firmly in green territory. This is following the release of the feds minutes and raising concerns of the persistent inflation and signaling a longer timeline for cuts than expected. The expectation for the july meeting stands at 18 . According to the cme, it was 25 earlier this week. David solomon expects zero rate cuts this year Jpmorgan Chases Ceo Jamie Dimon shared a similar outlook
Rebounding from the downward dog days, and bitcoins big bounce, whats driving the crypto climb, and a serious snap back for snap. I havent gotten to you guys yet. Is it a surge or just just poof, just disappeared like that. Im Tyler Mathisen in for melissa lee. On the desk, dan nathan, and guy adami, we start with the market jump. The dow up 314 points, blue chip index now up six of the last seven days. Nasdaq and s p 500 bouncing more than 1 , wall street embracing earnings season optimism and shrugging off those rising treasury yields which were higher today. Among the biggest winners, retail, the s p retail etf rallying almost 3 , solid rebounds, since its been down nearly 8 over the past three months. A lot of those names really limping. Another encouraging move higher in transports, rising 2 today, transports struggling since hitting 52week highs over the summer. And these gains today came even as yields ticked higher, so could this be the start of a seasonending melt up for the m
A rumor that was debunked that the sec had approved Blackrock Bitcoin etf application coming up in the First Exclusive appearance since the news broke we have blackrock Ceo Larry Fink. Larry is going to be here live in the back half of the show to give us the exact word on what truly is going on with the Blackrock Bitcoin etf, were the cadet in an extraordinary session as we head into the final hour of trade the Dow Jones Industrial through hundred 36 points, the s p nice move of more than 1 or 49 points, the nasdaq up 176 and look at the russell shooting higher by 1. 59 or 27 points but it is not so much the presentence gains that deserve the extraordinary description it is the fact that they come as hundreds of israeli tanks and hundreds of thousand troops en masse at the border and gaza in preparation for a ground offensive to take at the terrorist group hamas. Day ten of the hamas israel war which began on october 7 when hamas terrorist invaded israeli civilian enclaves in the fest
The pandemic, as u. S. Deaths now top 309,000 people with more than 17 million confirmed cases. And a record single day number of deaths, almost 4,000 americans lost their lives to covid19 in just 24 hours. President trump has advocated virtually all responsibility as the country faces not only its worst Public Health crisis in a century, and the resulting financial crisis, but also a suspected russian cyber attack, targeting multiple federal agencies. Were also following developments up on capitol hill where theres growing hope, hope that lawmakers are about to reach a deal on a 900 billion pandemic stimulus relief package to try to ease the suffering of so many millions of americans. The Senate Minority leader Chuck Schumer saying a while ago and im quoting now. He says theyre close to an agreement. Lets see. Lets begin with the latest on the breaking pandemic news right now. Cnns sarah murray is joining us. All eyes are on the Fda Advisory Panel. Theyre meeting and voting as we spea