U. S. Equities will open higher 183 points higher. Nasdaq opening 107 points higher s p looking to open 25 points higher treasury yields sitting at 4. 011. The 2year treasury at 4. 79. We were down five of six days in the s p that is the case sdplchlt to see th z to see the markets showing the cp oi print. You think the mood is a mini bear i do totally. People are looking at this and the question is not a break in the trend, but how much of a break . Let me take cash off the table. I have been waiting so long. I dont mean the rally is over we were talking to different people 10 pullback would be healthy. Down 2 or 3 from the highs, yeah i thought it was tom lee who was talking about that 100point week now more choppy. I wonder if were in the chop. I think we might be. We have the key inflation data due at 8 30 a. M july cpi expected to rise. 20 on the month and 3. 3 for the headline for the year. We also have my personal favorite with jobless claims. Why is that your personal favorite
Will give it. Thats a National Security risk, also. Former President Trump this morning taking aim at social media as the race for the white house heats up. It follows a weekend of duelling Campaign Events with President Biden. Were live in washington with new details on the battle for georgia. This is today in the bay. Good morning to you on this monday. Im marcus washington. And im laura garcia. Because mondays are fun. Yay especially after a time change. And we may get a little rain today, too, or drizzle. Just a little. I think once the sun comes out, it will start to move out completely. We have another one, you guys. Here it is, satellite radar right now. This is what were mentioning. If youre going to be out and about within the next hour to two, youre likely going to encounter scattered activity, mainly portions south of the Golden Gate Bridge. But folks living north of the Golden Gate Bridge will see more activity starting tonight into early tomorrow morning. Im going to zoom
Blowout on an Alaska Airlines plane back in january. That federal report found boeing failed 33 of 89 audits during an examination. Ktvu tom vacar joins us now live with the very latest tom. Well, consider if, lets say, boeing and its supplier were taking a test in school. By that standard, boeing would get a d minus. The supplier would get an fn the federal Aviation Administration says boeing failed 33 of 89 audits of its manufacturing and Quality Control processes. Its door plug supplier for the device that blew out on january 5th failed seven of 13 audits. Well thats a very high failure rate, International Aviation attorney mary schiavo is the former Inspector General of the Us Department of transportation that oversees the faa, which in turn oversees boeing and the airline industry. They also have to see that boeing isudoing all of the assembly in the exact and precise. So, you know, steps and procedures that are approved, documentation of how the door plug was installed is missing
It is wednesday, august 9. 7 00 a. M. On the east coast. House speaker Kevin Mccarthy is now demanding that President Biden hand over his Bank Statements as more on capitol hill are calling for an impeachment inquiry of the president. Heres the House Speaker on fox news this week. I think theres enough proof out there that this biden family needs to come forward and show there wasnt a pay to play, america deserves more and americans want to know. When you move to an impeachment inquiry, it empowers congress, republicans and democrats within their subpoena to be able to get the answers they need because we have found time and again, we havent seen anything like this since the Nixon Administration using their government to shut down any time we had a question. I would think the biden family would want to clear their name. Maria well, meanwhile, the white house is now accusing mccarthy of repeatedly lying, a spokesperson writes this, Speaker Mccarthy decided the truth should not get in th
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