Proposal days after signing the bill to keep the government funded for a few more weeks. A big win for streamers as peek peacock and universal grabs the spotlight for the Academy Awards. Its monday, march 11th, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you so much more being here. Lets kickoff the check of the stock futures. The nasdaq and s p hit record highs before they ended the day in the red. Look right here. You see futures a bit mixed. Nasdaq peeking into positive territory. The dow would open up 70 points lower. Investors are dpegearing up fore consumer and kohls and ulta beauty reporting this week. Ahead of the release, we are checking the yields at the lowest level in one month. The benchmark at 4. 07 . We are seeing the 30year long bond read on Inflation Expectations coming in at 4. 25 . We are talking gold which continues to trade at a record high. It is down fractionally. Trading at 2,180 an ounce. We
Plows 1 billion in two uber rival didi. Half an hour away less than. Its friday the 13th. I wont draw any correlation between the date and the board. We are trading down, softer this value telling us that the axle open down around one half of 1 . Inlondon market looks like will be down 1 10 of 1 . Friday the 13 risk off. Caroline it is certainly unlucky along asian markets. People moving money into the dollar, outlining the hawkish tones coming out of the fed. Thats two days of gains for the dollar. Meanwhile, the yen is trading higher. But isromo. 6 this week currently off by 4 10 of 1 . A flight to safety, to gold, the index currently off by 2 . 21 to show you was the gold index, which is trading higher. Meanwhile, crude oil is off by a tenths of 1 . We have seen that rally, the inventories coming back, but today, a bit of the selloff coming off that sixmonth high we saw in oil. That was a check out on the assets you want to keep an eye on. Now lets get out to the first word news wit
Welcome to countdown. I am anna edwards. It is 6 00 a. M. In london. Through what has been happening in the markets. We want to start with the chart we have here. The u. S. Equity market, the s p 500 over the past three weeks. Highlighting the roller coaster timeframe we have seen. Yesterday, u. S. Stocks were little changed. A with salt session. Whipsawtouched a session. The s p touched. Apple was a big lagarde yesterday. The dollar may be listening to the dollar may may be listening to the commentary from the fed coming through this month. General strengthening in the currency. That is not seem to be applied to all of the asset classes. Hawkish commentary yesterday talking about the risk of asset bubbles. Oft was the fed story another. Asian stocks are down for their third weekly loss. Corporate earnings disappointing. The boj has been speaking in japan. Dollaryen is at 108. 8. Heading for its second weekly loss against the dollar contrasting centralbank helices in japan and the u. S
Nearly enough. Plus put on your slumming clothes and get your car the young singer bringing new life to the american classics. We begin tonight in india and a dramatic change to the Political Landscape of the Worlds Largest democracy. More than a million voters, Narendra Modi, is its new leader. Modi is probusiness and that could mean more trade with the United States. Nearly 68 billion in goods and services were exchanged between the u. S. And india last year. Hes also a hard line hindu nationalist worrying some that he might destroy the relationship with muslims. At one point today indias stock market was up a record 6 . Niddy dutt reports. A new political chapter in the Worlds Largest democracy. Welcomed with a loud bang and a burst much color. At the partys headquarters in new delhi, victory celebrations started early. In what trpped to be a landslide transpired to be a landslide vicity with Narendra Modi. I thank you for all the love you have shown me sisters and brothers i am tha
Eastern time, italian unemployment 37year high and more signs of euro zone reflation. Shopper trak out with the first wide scale read on the Holiday Shopping season and its a mixed picture for november and december, instore foot traffic at the nations retailers fell 14. 6 compared to the year prior but instore sales grew at 2. 7 . Slightly hopper than what shoppertrak had forecast. The main reason for the traffic plunge they say is that. Shoers are making fewer store visits than in the past because most window shopping and browsing is done online ahead of time, so the shoppers that are making the Shopping Trips are going with intended purchases in mind. Black friday was indeed the strongest day for brick and mortar retailers both for sales and traffic. Then there was a large lull until the lastminute panic kicked in. The week ending december 28th accounted for four of the top ten sales and traffic days for the entire Holiday Season. When it comes to categories shoppertrak says electron