Stephen Scouten News Today : Breaking News, Live Updates & Top Stories | Vimarsana

With shares slipping in the premarket. And later in the show, why disney claims that rumors of espns demise may be greatly overexaggerated. It is thursday, october 19th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Im frank holland. Lets start the day off with the check on u. S. Stock futures. Take a look here. You can see red across the board. Dow would open up 125 points lower. S p and nasdaq are opening up lower as well. After the major averages in two weeks with the dow closing down nearly 1 . The s p and nasdaq losing more ground. Still worse for the douse w tra f ports closing down 3. 2 . This is seen as a recession leaning indicator. That sharp move lower is topping bond yields with the tenyear yield hitting the highest since 2007 and hoefveri below 5 . 4. 979 . The move in yields is moving borrowing costs. Look at the 30year fixed Mortgage Rate at 8 for the First Time Since 2000. Up 22 this year alone. You see it right the

Worldwide exchangeMortgage rateFirst timeFirst time sinceWall streetTesla ceo elonElon muskEarnings callBig moneyArjun kharpalThird quarterTop endCompany showsRevenue perLook likePeople buy