That statement. Iranian leaders, they have made statements. They have largely avoided the bellicose language we have seen in the past. Overnight, leader ali khamenei says it was a slap in the face to america. They say they do not seek escalation or war. Obvious question this morning, was the attack deliberately proportionate, a oneoff that makes a point but doesnt risk a devastating american response . Can the iranians risk taking action that results in allout war . Their economy is collapsing. They are out of cash. What will the president say this morning and how will he say it . Escalation . A threatening tone . We will find out soon. Now look at this. Yet again, the market is largely shrugging off an attack in the middle east, in the middle of the oil patch, no less. When the news broke, futures showed a near 400point drop but look at it now. Down maybe 20 for the dow and all of that loss accounted for by just two dow stocks which we will mention momentarily. The s p is going to go
94 this is wednesday, july 3rd. Worldwide exchange begins right now. Good morning welcome to Worldwide Exchange. Im contest is a brewer. Brian sullivan has the day off heres how your money is setting up the day s p implied open is up ten points dow futures opening higher the nasdaq up 40 points. Yeartr falling back below 2 . The german bund yield has fallen to a new record low. The tenyear t note at 1. 953 . Shares of tell la are taki tesle taking off tesla popping up 7 the company reporting record deliveries and production of its electric vehicles in the second quarter, confirming predictions from elon musk in an email to employees last month tesla hinting at a strong Third Quarter saying it has a backlog of orders. Tesla delivering 95,200 vehicles, thats a 51 increase from the First Quarter and a 5 increase from the record from q4 last year. The overwhelming majority of deliveries were the model 3. Tesla says they will deliver 360,000 to 40,000 vehic 400,00 vehicles this year only an
Warren buffett and Berkshire Hathaway in a big way. And later in the show, a live stream update on the musk and zuckerberg cage match. It is monday, august 7th you are watching Worldwide Exchange here on cnbc good morning welcome to Worldwide Exchange. Im frank holland. Lets get you ready for the day. We kick it off with the u. S. Stock futures. Green across the board nasdaq doing the best up. 30 . At this hour, the dow would open up 70 points higher. This is after the poor showing last week with the s p and nasdaq coming off four Straight Days of losses and the worst week since march 10th. You see the nasdaq down 3 s p almost by 2. 5 it was rough for the tech sector the sector coming off three Straight Days of losses. The sharp decline down 1. 5 . Excuse me. 4. 25 . The fitch downgrade is playing a factor it was dragged down by apple which had its worst week since 2023 we had a very busy week for fixed income and new longterm issuance yields here with the 10year treasury at 4. 09 yiel
Major market opens. Paul australia has just come online. China ramps up aid for the economy, a higher budget deficit ratio and asian risk assets, in addition to easing treasury yields, trade is also mixed. Plus, japans biggest listing since 2018. Annabelle what i want to point out is that the Australian Market is sensitive what happens in china. New support measures coming through, Stephen Engle is here and well go through all the details in just a moment. This is an economy very reliant on what happens with china. The Golden Dragon index, that is the last close for that because it tracks u. S. Stocks around the chinese stocks listed in the u. S. But that was the best data we saw since the end of july. Just gives you an indication around how much investors are liking the latest support measures. Were also watching in the aussie session, the inflation focus in particular because we have cpi numbers in the next hour and the handle expected to take down, about 90 minutes from now. China i
October 17. We are breaking news 6 00 a. M. On the east coast, the department of defense putting 2000 american troops on noticed ordering them to be ready to deploy in response to the ongoing war in the middle east as President Biden is readying a trip to israel tomorrow. The hamas terrorist saying it is taking more hostages while the Israeli Defense force claims it killed the top hamas commander. We take it you like to israel this morning with the very latest, the markets are trading lower as investors remain concerned and unsure about the strong start turning season in the middle of higher yields and a war in the middle east, the dow industrial down 52, s p 500 on seven and nasdaq that were by 27. Bank of america and Goldman Sachs on tap, these stocks are mixed. We will have all the numbers as it is a thirdquarter report to the tape. Were also watching the bond market 21 Federal Reserve officials will speak this week were watching for any indication of where they stand on raising Int