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House guided . Can conservatives find a leader that will last . In the air, center field. Jones going back. Back some more. And its gone hispanic heritage month and a heavy hitter remembering his roots. Hes building a bridge in the world of sports. So this is going to be a lot faster for us. And look up, bay area. Thats our first alert weather pro Jessica Burch zooming over the bay. Fleet week, clear skies and a chance to make the bay area proud on a thursday. Yeah, its so fun to work with somebody who just lets you know at all times and all places you will never be a mile above [ inaudible ] good morning everybody. Im reed cowan. Im gianna franco. I cant wait to see the rest of that video and footage of her up with the blue angels. What a cool experience. Yeah, and im Nicole Zaloumis and i can confirm that jessica in the building. There are two feet on the ground. This morning. And oh you know its a first alert weather day. So no time to rest for you, jessica. When can i ever rest on
She was a trailblazer. We need more women like her. A life elevated. Senators in the u. S. President pause to remember a San Francisco icon born in the bay. Your community station live in the leadup to the Memorial Service for senator Dianne Feinstein. We need to i think i can do that. Meanwhile in washington, who will lead republicans in a house divided . Can conservatives find a leader that will last . In the air, center field. Jones going back. Back some more. And its gone hispanic heritage month and a heavy hitter remembering his roots. Hes building a bridge in the world of sports. So this is going to be a lot faster for us. And look up, bay area. Thats our first alert weather pro Jessica Burch zooming over the bay. Fleet week, clear skies and a chance to make the bay area proud on a thursday. Good morning, everybody. It is a good day to be grateful and im bay area proud. Im reed cowan. Im gianna franco. I cant wait to see the footage of jess flying high in the skies yesterday. Im
Plus, the season of strikes set to grow even larger. Today, with more than 75,000 Kaiser Permanente workers possibly walking off the job. And then later, we have a rare downgrade for apple, like key bank says, it is taking a fresh look at the stock. It is wednesday, october 4th, 2023. Youre watching Worldwide Exchange right here on cnbc. Good morning. Welcome to Worldwide Exchange. Im frank holland. Lets get you ready to start your day. We kick off the hour with the checks on u. S. Stock futures. In the red across the board. The dow looks like it would open up 30 points lower right now. This after the dow posted its worst day since march, falling nearly 1. 3 . Similar story for the nasdaq and the s p 500. Both of them closing down. 1. 8 and 1. 3 respectively on the day. We also want to look at the russel 2000, negative for the year and seen as a leading indicator of a possible u. S. Recession. You see the move this is dow transports. Dow transports dipped below the 200 Day Moving Avera
With plans to spend even more aggressively on a. I. Also, that Second Quarter guidance, perhaps, not that exciting on top of that, we got a massive earnings day comcast, five dow components also reporting, merck, honeywell, caterpillar, dow and ibm, one of the biggest laggards on the s p, by the way lets begin with the Market Reaction to the weaker than expected gdp, jim. 1. 6 looking for prior actually, it was about 2. 5 . Goldman was at 3. 1 . This is one where people were obviously the wrong way on both. Wrong on how slow it is and wrong on inflation so, the fed needs some help. These were numbers where you could say, you know what, they can cut. But david, you dont cut when you have this kind of inflation. So, the core price index, up 3. 7 when you were looking for 3. 4. What are you smirking about . These are awful numbers. Im not smirking. I was looking at you happily, happy to see you my gosh. What am i, your kid you bring me to work today listen to me gdp no. The worry now is s