Last month was a huge bounce in this number, up by 24. 7 . The perimeter is that much greater. Coming introng number on the Manufacturing Index as well. At 21. Through alix a really strong number. The big news of the day in the u. S. , it jay powell and Steven Mnuchin will speak before the House Financial Services committee. Powell will stick to his call for more fiscal aid. It comes against the backdrop of a darkening prospect for continuing stimulus. The latest news is mitt romney says he will back a vote on trumps pick this year. Joining us now is Emily Wilkins. Does this make stimulus more or less likely. It feels like the pendulum shifted towards the republicans with the Supreme Court nominee. Emily this makes the stimulus funding less likely to come before the election. Both sides werent making a lot of progress anyway. For monthsighting over the amount of funding. Both Speaker Pelosi and Senate Majority leader Mitch Mcconnell are really not budging. It senate is going to pit of
Stimulus plan. Palantir and just in, the biggest insider buy we have ever seen. It is friday, september 25, this is worldwide exchange. Good morning, good afternoon or good evening im Brian Sullivan hope you are having a good friday lets get right to your money. Futures are mildly higher. Nasdaq futures are up. Overall, it has been another rough week for stocks. Your in investments are down over 3 on the dow on pace for the worst Weekly Performance since late june. All the major averages are negative on the month. If we aim lower for september, which we will, it would break a a fivemonth winning streak. Weve been watching commodities silver has been hit hard down nearly 15 . Gold on space for its worse week and copper at the lowest levels mostly on the move higher from the u. S. Dollar. There is your setup. Frank holland is here with those. The increasingly bizarre back and forth on tiktok. Here is the latest development. President trump is asking a u. S. Court let a ban on the chat ap
Shortterm virus aid fix both sides face more uncertainty. Shares of qualcomm as it does a deal with Chinas Huawei thursday, july 30. This is Worldwide Exchange here on cnbc good thursday morning im Brian Sullivan the busiest day of your earnings season the busiest day of the nasdaq even with those big tech ceos being raked over the coals again, it is early we are in the red right now. While also staying hot has been the yellow metal gold is up close adding the 2,000 mark we are down to 1,945 per ounce indicating the recovery will be at risk. Not only keeping rates low but will likely do whatever p it takes to make sure the American Economy is propped up as much as possible that could be bad for the u. S. Dollar and good for gold u. S. Futures are down. Lets get to some of your trades around the world and top stories. This is Worldwide Exchange, i am told. Lets go worldwide julianna tatelbaum, i think they call that a sea of red it wasnt a sea of red to start. We kicked things off the o
Lipton with the details. Josh so melissa, apple of course already designs processors for iphones, ipads and watches now it is the macs turn apple has reportedly planned to announce later this month that it is switching from intel chips on its Mac Computers instead, macs will have an arm based chip designed by apple apple stock is on a roll the team at ever core likes what they heard here. They say apples ability to design chips like this inhouse is under appreciated by investors in their opinion as they believe this can help give Gross Margins a boost. The report indicates these new chips are more power efficient with better graphics lighter, thinner macs could be on the way if these machines are attractive, it could help them stand apart from laptop rifvals bottom line, how concerned should intel investors be by all this this wont have a big Financial Impact for the chip giant. By his math, apple is a low single digit customer. But it could have a reputation impact if consumers get mo
What is so important is a massive shift and the quality of the riskuncle relations this morning. I dont want to over of the riskon relations this morning. I dont want to oversell it, but it is that type of monday. Francine we will ask how some of these countries are doing with lockdowns in a second, but first lets get to first word news in new york city with viviana hurtado. Viviana as soon as may 15, that is the date could begin reopening. Governor cuomo laying out a phased plan that starts with construction and many factories. He said he would probably begin upstate before moving to the new york city area. Yesterday the state reported 367 deaths, the lowest in almost a month. To the u. K. , where Horace Johnson is back at work. The last cup where Boris Johnson is back at work. The last couple of weeks he recovered from coronavirus. In his first public statement, he urged people not to give up on social distancing measures. He said ending the lockdown now would risk a second spike of