Session. The French Market has been up 1. 3 for the week. Fresh alltime intraday high yesterday. Although there is softness on the dax, we are seeing fresh territory. As we get going this morning, we are seeing green moving on the board of the stoxx 600 and fresh alltime highs yesterday. We are looking for the levels to be breached today. Stateside, data is expected which is producer prices. The last seven, the market was questioning the theory of the deep disinflationary cycle. Just challenging the narrative on that perhaps thinking we may have sticky inflation. What we are reading the ppi prices is key. On the consumer, we will see how resilient main street is at this stage as we continue to see pressure on the household wallets. Retail sales will be important. We have a little bit of green on the boards. Up modestly at the sector level which suggests we are mostly positive. A couple of red arrows at the start. Basic resources down. 25 . Shuffling weaker with the banking names. Stand
Problems. Later on in the show, one day after scrapping the ev ambitions, apple now is getting set to disclose the plans for Artificial Intelligence. Well have to wait to see. Its thursday, february 29th, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Im frank holland. Lets get you ready for the trading day ahead. The last day of february. The check of the u. S. Stock futures after a lower session for stocks yesterday. You see futures are in the red across the board. We are keeping a close eye on the dow. It would open 125 points lower. Well continue to watch that throughout the morning. Despite the weakness, the major indices are on pace for the fourth positive nomonth in a ro looking back to november 1st. 17 and 24 during that period. Nasdaq leading up over 24 . We are tracking the broad market leadership with stocks lower for the week, but 66 s p names trading at 52week highs. We are talking home depot and costco andping t
Earnings if youre tempted to buy, you may want to wait until after they report. Well explain. And a big Event Next Week could send one of these stocks surging. Well tell you which one and what it means for the biotech space. Its time to risk less and make more the action begins right now. Lets get right to it, because the big banks officially kick off earnings season next week and the Options Market is implying some pretty big moves wells fargo and pnpnc could see big jolt in either direction traders see a 3 move in blackrock. Financials are up 21 . How should you play these names for earnings lets get to the chart master, carter worth, already at the plasma and ready to go its true, as a sector financials are pacing the market up a bit more. But whats interesting, its so dependent on nails like american express, Big Insurance Companies like travelers if you look at the banks, the banks themselves have trailed the market and regional banks have really trailed. I dont like banks here. W
To buy, you may want to wait until after they report. Well explain. And a big Event Next Week could send one of these stocks surging. Well tell you which one and what it means for the biotech space. Its time to risk less and make more the action begins right now. Lets get right to it because the big banks officially kick off earnings season next week and the Options Market is implying big moving. Wells fargo and pnc could see a 3 jolt in either direction. A 2 move for jpmorgan and 2 for black rom. Financials one of the best performing sectors over the last year, 21 . How should you play the names into earnings . Get right to it and to the chart master carter at the plaza ready to go. Carter reporter its true as a sector, financials are pacing the market up a bit more. Interesting, its so dependent on names like american express, Big Insurance Companies like travelers. If you look at the banks, the banks themselves have trailed the market and regional banks really trailed look at a few
You may want to wait until after they report. Well explain. And a big Event Next Week could send one of these stocks surging, well tell you which one and what it means for the biotech space. Its time to risk less and make more the action begins right now. Lets get right to it. The big banks officially kick off earnings season next week and the Options Market is implying pretty big moves. Wells fargo and pnc could see a 3 jolt in either direction. 2 move in either direction for black Rock Financials one of the best performing sectors over the last year, up 21 how should you play these names into earnings . Lets get right to it. Carter worth, at the plaza, ready to go. Its true as a sector, financials are pacing the market up a bit more. Whats interesting its so dependent on names like american express, Big Insurance Companies like travelers if you look at the banks, the banks themselves have trailed the market and regional banks have really trailed. Lets look at the few charts i dont li