And lockdown and new details to halt the ipo by the ant group and what stocks are seeing big time buying by their insiders well bring them to you, one big biotech you need to hear about it is friday the 13th, but nothing to be afraid of. This is Worldwide Exchange right here on cnbc i dont care if monday is blue, tuesday is great and wednesday too, thursday i dont care about happy friday and welcome from wherever in the world you may be watching. Im broo im Brian Sullivan thanks for joining us. Here is how your money and markets look right now stock futures are once again in the green across the board dow futures up 224, nasdaq up 105. The indexes did fall a bit yesterday, but all on pace for a very solid week and month. The russell 2000 up a stunning 11 . So far november, you dow up 10 and even the nasdaq that has been hit a bit hard is actually up 7 this month coming into this morning the real star though continues to be bitcoin. It is above 16,000 now and up as much as 20 just in th
Previous peak on february 19th and all i heard is its because were having a v shaped recovery wrong, wrong, wrong. Not just wrong but laughable in a v shaped recovery the Dow Jones Industrial average would be hitting highs but this move is led by the nasdaq and s p including today the dow lost 67 points as the s p advanced 2. 3 , the nasdaq gained 7. 3 you dont need to be a Rocket Scientist to figure this out look at the stocks that have brought us to these levels they are not the recovery plays. In fact, they are the opposite they are stocks that tend to do well because of what we call secular considerations, not secular like nonreligious but secular as in they are doing well because of trends in their own industries, not the economy. Far from it. Allow me to explain. We had a magnificent v shaped recovery in the stock market, but the stock market is not a great reflection of the voter economy anymore. If anything, the actual economy is in precarious shape now that the government stim
Down. 2 , nonfarm futures, claims better than expected. Next chart, dollar remains in story or theme around the dollar today, relative weakness against the g10 but not so much against emergingmarket currencies. That is what the dollar is doing right now. Weakness in offshore currency remains on the back of this broader news from the trump administration, down. 2 , that is your aussie dollar, risk off mood, down. 1 , and the boe is flat against the u. S. Dollar. Gold move to commodities, publicly above 2050 and out, further gains. Not as Much Movement in terms of stimulus conversations in washington. Barrel, up,42 a maybe on track for gains across the week. And that is your yield for the 1132 and 52. , tencents down on the back of this executive order. Just how much and how significant this move is by President Trump is of course the question, given wechat is largely used by the chineseamerican community. It is not clear how much revenue tencent derives from the u. S. Market, but this i
To retail after macys posted stronger than expected Third Quarter results that missed on Third Quarter sales. Three heavyweights expected to release numbers. Well bring you the numbers just as soon as they hit and impact on your money tomorrow. First, here is what is new at this hour. At the white house President Trump is about to award the National Medal of the arts, National Humanities medal for the First Time Since taking office. Among the recipient, actor jon voight, author james patterson, and Country Singer allison krauss. Well bring you any breaking headlines from the president. Plus on capitol hill the marathon public impeachment hearing continue. Meantime President Trump is meeting with the biggest ceos in the country. The commanderinchiefs new request from tim cook. And netflix suffering a worldwide outage. The current status and the latest response from the streaming giant. If you thought you were watching netflix tonight, you better tune in. Connell we have fox Business Tea
We went to a bull steepener from a bear steepener. Time never global exchange. We bring you todays market moving news from all around the world. Joining us from hong kongs frombergs karen leigh, mumbai are bloomberg executive producer, and Michael Mckee is in washington. We want to kick it off in hong kong, where chief executive carrie lam invoked Emergency Powers and banned facemasks as protests continue. Not an easyis decision to legislate to ban the masks, but given the Current Situation in hong kong, this is a necessary decision. Alix karen leigh has more. Whats been the response . Not a great response from protesters. People are gathering in the city center as we speak. They started gathering while carrie lam was still speaking. People worried this would give police power to go and arrest people, search without a warrant , and in an extreme situation, shut down the internet. It has a huge potential to impact life here. It is something people are upset about. It could fuel proteste