And call it Identity Theft as Scarlett Johansson calls out openai and sam altman. Its tuesday, may 21st, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning. Welcome to thank you for being with us. Lets look at the stock futures on this tuesday. A muted start right now. A bit mixed. Nasdaq in the red. You see the dow opening up slightly higher. The s p is essentially flat. Lets stick with the nasdaq. We watch the tech trade with the fresh record ahead of the huge report from nvidia. Before nvidia, investors get ready for the consumer. We have a lot of big reports. Lowes and macys and urban j outfitters. Urban outfitters moving 1 higher ahead of its report. We have fed speakers in the last 24 hours downplaying optimism over the cpi report last week. The benchmark at 4. 42. The twoyear yield is at 4. 83. We also want to hit commodities. Gold hitting an alltime high. It is pulling back a bit right now but, close to the alltime high. Down. 75 . Yeartodate, up 17 . That
[inaudible conversations] good afternoon. I am will roger, director of policy communications at the American Farm bureau federation. Today negotiators from three Member States of nafta will begin renegotiating a treaty that is more than 20 years old. Much is at stake particularly for agriculture. We have with us the three heads of the largest farm organizations in canada, mexico and the United States. The president of the American Farm bureau federation, ron bonnett, president of the Canadian Federation of agriculture. And bosco vega of the conseco national, mexico. They will give their views of what should happen with modernization of nafta. No matter what you have heard there is a great deal our 3 nations have in common and can agree upon. They will give their opening remarks. After that we have assigning and a letter as well as secretary ricardo, chief negotiators for the treaty. After that we open the floor to questions. If you have a question please wait for the microphone so peop
After he criticized the move. All of this happening on day one of a brandnew congress. Republicans are pushing an aggressive agenda as vow to put up a fight. Weve got you covered on this very busy hour. David and the markets getting aggressive there at the end. The dow climbing in the final minutes of trading. Nike and verizon moving positive and oil moving in the opposite direction. The ce in chicago to tell us why and lori rothman is on the floor of the new york stock exchange. Lori, it was up more than 170 points and in the morning it lost it, and then it came back. Why . Hi, david. Happy new year. We did see some latesession buying today. Thats for sure. Quick answer to your question, the vix. Volatility index falling about 6 or 7 , give or take, today. So that means investors are feeling more calm, more confident about what lies ahead. So safe to say that post election rally rolls on here into the new year. Now, we do have a bunch of story stocks to run through for you here. Lets
What stocks staen to benefit from tax reform . Goldman sachs has a basket of names set to outperform. Elon musk is trolling his haters on twitter after the companys stock surge pushed its market cap above ford for the first time. The president scheduled to hold a town hall meeting with 50 Business Leaders. Among those slated the ceo of citigroup, blackstone, mast ecard and jetblue, it he will focus on improving the Business Climate discussions about infrastructure and jobs. Beth comstock from ge, tom farley from the nyse, john paulson, steve roth, largely new yorkbased. Jim . Got some wall people there and private equity, mike corbett obviously someone who would be able to talk about deregulation. Yesterday theres full scale assault halftime i think the deregulation is so important. Please, with enit comes to the banks, its pretty much everything. Maybe this is back on track. Maybe this is what was doing well. Now there are a lot of people who feel that what happened with health care w
First from the fox news deck this afternoon, we begin with a live look at the white house. There it is. Press secretary Sarah Sanders is set to take to the podium pat any moment. She was set to take to the podium 31 minutes ago. The idea is to weighin on rising economies. Beijing is announcing retaliatory tariffs. That could impact soy beans to cars. Strategic in nature no doubt. In minutes, a look at what those proposed taxes would mean for american workers. First, a live look at the dow. What a turn around. You can see the markets dropped this morning after the announcement from china. About 500 points it was at the opening bell. Dropped more than 400. Most of this rebound after some reassuring words from the president s newly appointed director of the National Economic council, larry kudlow. Formerly of cnbc. He told reporters that the president s plan for tariffs might not happen and could be a negotiating tactic. I would take the president seriously on this tariff issue. You know,