Streak that sauz the shanghai rise 16 yeah shanghai was down by 2 today. Lets see whats happening in the treasury market right now. Yields back down below 0. 6 . We havent seen that for awhile. And joe, still chuckling a little bit about football and why we care this time around not the ivies . No. But anything i see this morning it was eric chemi. I realize out on the cliffs they have that full size cardboard cutout of me so then i was thinking, you know, next week if i dont have like being here some day, i might just put it right here just have something on a loop. Less taxes, less government, more you know a welcome respite plus they got sound theyre going to pipe in sounds like the tesla, you know, the motors i saw that. Theyre going to pipe in fans cheering and i read this stuff and we go, okay i want a cutout this makes sense. Put an entire stadium full of cardboard cutouts. Yes and we all go, yeah, that makes sense. But people would do it. Because i was thinking the camera would
We have thetake away. The tesla tumble as a new stock takes its place. Getting set for the final jobs report before the next policy decision. The key demographic driving the higher trends. Its friday, march 8th, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thanks for being with us. We will get you ready for the trading day ahead. We check the u. S. Stock futures with the s p coming offanother record close. Futures are green across the board. Dow opening 20 points higher. The nasdaq moving higher right now up over. 30 in the premarket. We are looking at the gainers on the s p after yesterdays record close. Take a look. A very big concentration on tech. Nvidia at the top up 3 in the premarket. Intel and micron in the list. Adobe down here as well. Also this morning, we are seeing 81 s p stocks trading at 52week or alltime highs. The highs are broad based across industrials and materials and more. We are checking the bond mark
Welcome to bloomberg markets. Green day across the screen. The s p 500 up and the nasdaq 100 2 higher on the day. Both indices down on the week but the earnings love it hitting the take and the two year yield 30 basis points and whipped sign for the week but below the 4. 80 level. The 10 year below 4. 50 on the day. Breaking ism Services Data crossing the terminal. We have bloombergs mike mckee with the details. Michael if you are trading on the economy slowing down, keep doing it. The ism Services Number comes below 50, the line that is supposed to demarcate between contraction and expanses. Services pmi 40 9. 4, lowest since december. A rebound on for the moment. Production at 50. 9 and new orders at 52 point two, both down a little from where they had been. Employment comes in at 45. 9, still below 50 and just confirms what we saw in the services and overall jobs numbers that we are not seeing a huge job gain in the recent months. The one thing Everyone Wants to look at, 59 point tw
They need to help people like me understand how to get this up and running pretty easily and within imessage. Thats the key. And the apple watch is going after fitbit. Once again im going to be wearing a dinosaur at some point in the technology world, but well take you live, get more details. Were still waiting to hear about the siri speaker that will take on alexa coming up. Thats the big question hovering over that conference. Also shares of blue birth b blue bird bioare poppi are popp trump announced plans to privatize air Traffic Control. What would that look like exactly, how does that work . Transportation secretary elaine chao will be joining us in a first on cnbc interview coming up in this hour. Lets get to the Apple Developers conference in san jose, california. Josh lipton is on the scene with some details for us. Josh . Reporter bill, there are more than 5,000 developers here behind me today. They want to hear about software updates. They listened to apples tim cook and oth
Million, 7 . That is a new record. They also boosted their Share Buyback program i am joined by our editor at large, cory johnson, in new york. Munster. Eagene with you. Nt to start what was the biggest thing that stood out to you today when you heard what was said . The iphone number was the most impressive. They use that as the tip of the spear to get their ecosystem out there. That number was substantially better than what was thought. Emerging markets, that is what really stood out. There was a lot in that report. This was not your average quarterly earnings. Theres a lot on the allocation side and it is dense dividends. The number was a disappointment. A look athen you take the numbers, Paul Kedrosky called a Financial Engineering that has nothing to do with apples core business. How do you respond to that . He is completely wrong. I like to say that about paul because it is completely fun. Not the crooked Financial Engineering that i used to look for when i was a short seller loo