Sold out. Still taking registrations online or here at Sports Basement in person. Currently sitting at about 20,000, thats up about 4000 from last year. While the event is upbeat and fun, organizers say they also take Public Safety seriously. We have multiple security checkpoints, 200 plus of our private security guards, and then we work with every district station that touches that the route touches. So yeah, were prepared. The climate around the country has been a bit intense recently with anti gaza war demonstrations and a federal advisory about the potential for organizations to exploit gatherings associated with pride, but no specific locations. We asked police about plans for this race at this time , we dont have any information of any Credible Threats that might be posing an issue to the race. This weekend. Theyre working with organizers. The department has many additional officers working for this special event. As we know that this is bringing in lots of people for the race as
For all the stocks. Looking at where the aussie dollar is, 65. 7 two cents. when it comes to ethics. The yen holding steady. Brent crude is just shy of 84. The energy names across asia, concerns continue to weigh on the demand side for oil looking like we are setting up for the weakest week in Oil Prices Since february as u. S. Inventories way and i miss concerns about opec policy of maintaining their stance, impacting these concerns about supply and demand in the market, belle. Annabelle yes, and also we have at the start of trading for korea, as we come online this morning. Japan is shut for the public holiday. We are posting gains at the open. A bit of curry on one strand. The dollar having its weakest session overnight a bit of strength for the korean won. What is playing into the theme for korean equities and was can play into the sea is that apple numbers. Lets look at how the some of those supplier stocks are coming online this morning. We saw the jump in late trade in apples a
Liz thank you very much. Really good if youre a bull. I mean, charles, who disappointments triggering a bull rave ganging majors out of negative territory. Dow, s p and nasdaq all charging higher, 1 or more. When we say rave, the twoday gains on the dough topping and call it for than 750 points here and right now weve got a 454 point gain and yesterday 322 bump 65 pointblank layupses at the moment. You want to see a real party, look at nasdaq. After yesterdays 235 point pop right now. It is soaring another 333 points or more than 2 . What has the bulls dancing and april jobs report out this morning. It weed, nonforeign payrolls grew by 175,000 last month and slowest pace since october of last year. Yields began falling pretty dramatically on that softer than expected jobs report, which often helps stocks twoyear yield down about 5. 6 basis points at the moment and weve got 10year yield down 7. 5 basis points. Sooner rather than later and, yes, the fed was the second disappointment wedn
Just 5 days ago. We had a 50 basis point move in that two year yield seven days, so tremendous volatility in some people data still ahead. The 10 year yield hanging out now below that 4. 60 level. Send midday movers on the equity side, that shows you a little bit of the exuberant under the surface. Qualcomm suggesting that demand for smartphones is increasing after two year swap. The company has been trying to decrease reliance on phone chips by pushing its personal computers, vehicles and other markets. Qualcomm shares rising the most in more than two years. In Apollo Global rose 26 in the first quarter, just shied estimates, but the firm has launched the best performance among of publicly traded peers this year. You see a polish shares up more than 4 . And take a look at peloton also because the ceo announced lance to step down at the Company Looks to another restructuring to reduce annual expenses by more than 200 million. They plan to reduce headcount by 50 . Have a ton shares down
Its global sales. Plus, chips take a hit as amd and skyworks fail to impress investors. Police being called to the campus once again, arresting dozens of propalestinian protesters and clearing occupied academic buildings. It a is wednesday, may 1st, 2024, and youre watching Worldwide Exchange right here on cnbc. Ja good morning and welcome to Worldwide Exchange. Were coming to you live from cnbc london. Thank you for being with us. Lets get you ready for the trading day ahead. The s p is coming off its worst month since september and biggest drop since all the way back in january. Take a look at futures in the red. The dow off of its lows, but it looks look it would open just about 30 points lower. All the major averages are down from their recordhighs. Its worse for the russell 2000, which is now more than 19 from its alltime high. April also responsible for wiping out the majority of gains from the First Quarter of this year. Were talking 87 for the dow, 39 for the s p, and 34 from t