Look theyre higher across the board. The nasdaq is up by 134. Its early in the morning but these are pretty significant green arrows at this point take a look at whats happening at the treasury market and youll see that right now the ten year is yielding where it has been 0. 996 joe. Tik tok, the latest here. Developing late yesterday, the u. S. Judge blocked an order that would ban tiktok from being downloaded in the u. S. The ruling is the chinese owner byte dance has more time to get approval from u. S. And Chinese Authority which is unclear if that really happens for that deal with oracle and walmart the judge did not clock a much broader ban which is set to take effect on november 12th which the way things are going will be here like tomorrow i wanted 2020 to go quickly but now im thinking its just going too quickly. We wanted to go quickly. Still 2020. You still did your best Barbara Walters with that. 2020. And hugh, hugh had a long illustrious life hugh is gone now but we remem
Now. Is the work from home trend here to stay or just a temporary blip its random but interesting. Well bring you the results coming up on this monday, september 28th, this is Worldwide Exchange right here on cnbc. Thank you for joining us on this monday. Lets get right now to your monday money and stock futures are higher dow futures up about 229 nasdaq futures on a percentage basis are up slightly more but do keep in mind we could see a lot of people not working today and volatility does tend to increase particularly in the morning. And the big loser lastweek was not stocks it was the medals. Gold and silver losing a lot on inflation concerns silver down a bunch last week as well not seeing a big move today maybe a slight move to higher in some of the medals gold down about. 7 of 1 now lets set you up for the week with what were going to call the wex watch list. Thats our internal name for Worldwide Exchange get it w. E. X. This is the most important thing for you this week. Now all
Traffic is so slow back from trimble all the way up to the scene. It looks like a drive time is about 42 minutes because of this crash will not only because of this crash but weve had several along that stretch we had about 3 or so so 42 minutes right now from san jose to menlo park you want to get out there early looks like or accident northbound 85 at all and it is out of the way a little sluggish 87 and here at the bay bridge toll plaza check this out looks good into San Francisco right delay free on 80 west, its an easy 11 minutes off to the fremont street exit james back to you ok, thank you very much robin at 9 oh one. The big breaking news story this morning, the United States has just surpassed 200,000 deaths in the coronavirus pandemic a milestone that we anticipated was going to happen this morning and it looks like it passed in california more than 15,000 people have died of covid. But our Positivity Rate is actually going down which is a good thing governor newsome says the
A big upgrade. We will find out what makes it stick out in that big social media space. Plus, petes got a fast pitch on one medical device maker he says could be a home run. We will tell you what it is as he lays out the big case thats medical miracle mystery chart. In a special bonus hour of fast money at 6 00 p. M. Eastern time, we are taking your burning trading questions. Tweet us cbs fast money and you might get them answered here live on the show in the next hour we start with that monster rally on wall street today the s p up more than 1. 5 and the dow jumping over 400 points as you can see there the nasdaq also up nearly 2 leading those markets Higher Energy stocks, financialis and the small caps as well investors appearing hopeful a new deal for stimulus is town the pike markets still down significantly for the month. Does todays action give you a reason to perhaps be more optimistic and for that perhaps, guy, i will turn to you first. Welcome its always wonderful to have you
Runs out and shares of Bed Bath Beyond are surging, the retailer reports comps of 6 , online sales soaring 89 , jim so earlier in the week, jim, and even last week you seem to be pessimistic about the prospect of a compromise coming together. Do you feel any different this morning . Look, i think the Airline Layoffs are looming large because with layoffs come a cut in roots, with a cut in roots is a pain point, but i think its the senate, we keep talking about mnuchin and we keep talking about speaker pelosi, but i think the senate is buying into the president s vshaped recovery and i think Mitch Mcconnell is buying into it which says why do we need more we have a v shape, its just Certain Industries that can be triaged. I know that the industries represent small and mediumsized business so im against that, but i would say in favor of the mcconnell position, at least if you are looking at the stock market, this set of earnings, now, that is not what they care about and i dont want to m