Good morning im dominic chu in for Brian Sullivan heres how your money and the Global Markets are setting their day up with stock futures relatively muted you can see at the opening bell we could be up 35 points for the dow. S p 500 up roughly 8 points implied and the nasdaq up by about 52 thats if the futures moves hold before the opening bell for regular cash equities trading. This after the dow fell nearly 400 points yesterday the s p 500 shedding just over 1 there as well snapping its fiveday winning streak. You can see the movement throughout the course of the day. Falling off towards the closing bell. Turning now to the bond market the yield on the benchmark 10year note yield is slightly higher you can see 65 basis points or. 65 . 2year note,. 16 . 30year 1. 38 lets go worldwide karen cho is live on the Worldwide Market losses yesterday, losses on wall street. Roughly down. 2 of a percent the ftse has minimized the losses as you threw it over to me, we popped into the green brief
Said yesterday, you know very well what you said yesterday, it was a big story. I just dont know how they cannot recuse themselves for anything having to do with trump or trumprelated. The right thing to do. As a Supreme Court justice, there is a different standard. At the same time, i think it is a higher standard in a certain sense. Her statement was so inappropriate. When you are a justice of the Supreme Court, it is a like what you strength to do is take the people that do feel a different way and get them to vote the way that she would like them to vote. I thought it was so inappropriate, such a turbo statement for a Supreme Court justice. What was inappropriate about the statement . I am not an attorney, so i cant she seemed to criticize the white house for running to the Supreme Court at the drop of a hat to seek pres. Trump no, that wasnt it. I think she is trying to shame people with perhaps a different view into voting her way. That is so inappropriate. Lets see what happens.
Of the alltime highs. New reports pulling back the curtain on reddits financials ahead of the ipo. Its thursday, march 14th, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you so much for being with us. Lets get you ready for the trading day ahead. We kick off the day with the futures. We saw the dow finish higher for the Third Straight session and the s p and nasdaq fell for the Third Session in the last four. Futures are in the green across the board. The dow would open up 150 points higher. Despite the potential rebound for tech, no luck for tesla. Shares hitting a tenmonth low after shedding 4. 5 yesterday and nearly 250 billion of market value. One reason . The downgrade from wells fargo int from neutral to sell. It is down from a 200. The stock is trading at 167. Analysts are calling tesla a Growth Company with no growth. Another hit from ubs this morning slashing from 225 to 165. Also lowering the First Quarter d
Out 1,000 to a slew of employees citing the tax deal. The polls are open in catalonia for another Regional Election which madrid hopes will put an end to the separatist movement. And another blow for theresa may. First damian green is forced to resign amid a pornography scandal marking the third cabinet stacking in over two months good morning its thursday, one more working day before the Christmas Season begins the news overnight, we got the long awaited u. S. Tax reforms. The reaction was relatively muted. Possibly thats on the back of some profit taking were seeing into the end of the year as liquidity dries up a bit dow jones ended the session 0. 1 lower. Same story on s p. The picture in europe in front of me, also not looking that particularly positive going into the session. Stocks europe 600 opening 0. 2 lower on the day looking at individual sectors, ftse 100, up 0. 1 . The leader in todays european indices. We have the catalonia elections coming up for the ibex lets look at i
Get out of this once hot group or a buying opportunity . We ask it every time it sells off. Panera bread getting rid of more than 150 artificial ingredients in its food. Will this move force the company to raise prices . Ceo and cofounder ron shaich joins us in a first on cnbc interview. Lets take a look at the Market Action right now. Red arrows across the screen. S p down more than 1 . The dow down more than 150 points. The nasdaq down 1. 5 . Clearly stocks have broken the twoday winning streak. I want to take you to a live shot of post six on the floor of the New York Stock Exchange. Theres can kenny polcari. You have a sizable crowd developing there. Thats where salesforce trades. There was a rumor in the market for the last week or so. People speculated on names like microsoft, oracle and ibm. Jim cramer said at the time this was all going down its got to be microsoft, its got to be microsoft. If it was oracle it wouldnt be a good fit. Culturally there was a difference between tho