Google tkicks off the annual Conference Today the day after openai. The read on retail as home depot sets to report in an hour from now. Later on, a tuesday tieup as uber makes a 1 billion bet on taiwan. Its tuesday, may 14th, 2024. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Im dominic chu in for frank holland. Lets partkick off the equity futures after the dow snapped an eightsession winning streak. Futures are slightly big. The s p is higher by 4. The nasdaq is up 19 to 20. Checking in on the bond market ahead of the busy day for fed speak headlined by chairman jay powell at 10 00 a. M. We have get the read on Producer Prices at 8 30 a. M. Eastern time. Ahead of that, yields are lower. The tenyear yield is 84. 477 . The 30year long bond at 4. 62 . Trading like its 2021. Were watching shares of meme stocks. Gamestop, amc, some of the original ones out there both nearly doubling in value yesterday and set to open higher this morning.
4 billion each year. So not other they sacrificing a lot of their golden years, but theyre, in fact, helping all of us by taking on that substantial burden. 2. 6 million Grandparents Raising Grandchildren, thats a huge number. And, as i mentioned, senator collins and i have the legislation called supporting Grandparents Raising Grandchildren act which creates a federal task force to serve as a onestop resource for resources and information for grandparents who are, in fact, having to raise their grandchildren. I wanted to start with mr. Bell and ask whether you think having this information will help support these grandparents and relatives who are raising these children as a result of the Opioid Epidemic . Thank you, senator casey. Dr. Bell, im sorry. Thank you. Senator collins did raise this before she left and, as i indicated, we are very supportive of what you are trying to do here. Its something that we learn from the crack epidemic, that these grandparents need support centers, t
52. 74. Creeping up to 53 here are the big stories were watching roku will make its public debut on the nasdaq. Roku priced shares at 14 each thats the top end of the expected range it has a market cap of 1. 3 billion. Rok lush roku wi tra under roku. Roku founder and Ceo Anthony Wood will be on squawk box this morning and rovio, the maker of angry birds video games will price later today. The Senate Intelligence committee calling on facebook, twitter and alphabet to testify at a hearing on russias role in the 2016 election. The hearing is november 1st. Alphabet and facebook have not said if they will attend Mark Zuckerberg hitting back at President Trump who claimed yesterday that the social Media Company was always antitrump. Zuckerberg posting on facebook, trump says facebook is against him. Well, liberals say we helped trump. Both sides are upset about the ideas and content they dont like thats what running a flat form for all ideas looks like zuckerberg said he regrets comments he
Syria and demanding a better way to handle syrian dictator Bashar Al Assad as the middle east roils over and its sickening violence spills over to our country. We have the former ambassador to saudi arabia on what the Obama Administration needs to do in the wake of what looks like mutiny at the state department. Ambassador Robert Jordan is here live along with former president ial candidate, former arkansas governor Mike Huckabee. And will they or wont they . The british decide next week to exit the e. U. , that vote causing angst on wall street. We are still down about 31 points for the Dow Jones Industrials on this final trading day of the week. And oil is gaining some ground. Plus, whos the most vulnerable u. S. Company if britain were to decide to break up with the European Unionon . And do you even want to own that stock or jettison it right now . The Cleveland Cavaliers win game six, but is the poison apple accusation of rigged games going to sicken the nba . And Charlie Gasparin
Hearing from gap stores while we take a look at the markets in the meantime. The futures are indicated lower. Dow futures down by 62 points below fair value. S p futures off by seven. The nasdaq down by 17. What was happening in asia overnight . Youll see the nikkei cloez closed up slightly, and i mean ever so slightly. These are barely budging for both the hang seng and the shanghai, as well. In europe, youll see some red arrows, coming on the news that some of the pmi numbers were weaker than expected when you look at europe. All week long, the european markets have been moving higher, but this morning on those weaker economic numbers, youll see the numbers are down with the dax down by 0. 8 . The cac in france off by 1. 3 . The ftse down by 0. 7 . Andrew, i will send it over to you. Did you start your Holiday Shopping yet . No. Was i supposed to start already . Yeah. I already started. You did . Joe hasnt. Joe, have you started shopping . I have to buy something for one person. You