Are in favor of a ceasefire between israel and palestine, Sergei Lavrov stated this at press Conference Following the meeting of the council of ministers in beshka. The aggravation of confrontation in the middle east has become one of the key topics. Moscow expresses hope that the parties to the conflict will return to implementation of the un resolution. Today is the second day of the Russian Energy week forum. Participants will discuss. Industries, prospects for the use of Artificial Intelligence technologies and international projects. The Israeli Air Defense system intercepts palestinian missiles in the central part of the country in telaviya, air raid alert. The Israeli Army Struck in the morning there is a new attack on the gas sector, there is no light or water in the enclave, hospitals are overcrowded. Since saturdays attack by hamas militants on israel, the death toll on both sides has topped 2,500. Vladimir putin is on an official visit to beshkeik. The russian leader is expe
Forward and this time at the most profitable u. S. Factory. It is thursday, october 12th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Im frank holland. Lets start off the hour with the check of u. S. Stock futures. You see here in the green across the board. The dow would open up 100 points higher. As always, we say its early. Dow and s p and nasdaq riding a fo fourday win streak and helping to drive the gains is big tech. Meta at a 22month high. Up more than 9 since the first alphabet sitting at the 18month high. That is up 8 . Nvidia and tesla and apple up this month. Apple up 5. 3 . Shaking off the pressure that we saw the stock under in recent weeks. All this could change as soon as today as investors await the cpi september report. Economists are expecting prices to rise 3. 6 year over year. A decline from last month. Excluding food and energy, core cpi, economists are expecting a 4. 3 gain year on year which is slightly dow
And shanghai up 18 points. The dax up by a half percentage point. Similar gain for the cac in france the ftse in london up by a similar amount the yield in the to twoyear, up 1. 763 also look at gold prices because they were under some pressure yesterday gold down about 1. 6 1,27 1,279. 50 lowes is recording 1. 05. Above the estimates of 1. 02. Three cents above estimates. The revenue number that im looking at, at least sales, 16. 8 billion thats a bit above looking at this forecast company sees fiscal year eps of 4. 20 to 4. 30 if thats not an adjusted number, its below the 4. 50 on the estimate here. 1. 05, three cents ahead. The company is supposed to earn 87 cents next quarter that would have gotten the company to 4. 50. They beat it by three, so they only need84 cents in the fourt quarter to hit that number maybe thats adjusted. If its not adjusted, its below the forecast maybe theres something there. The adjusted number may be different than the 4. 50. Looks like theyre lowering
Tax reform and infrastructure plans coming to focus blake bur man has the latest from the white house for us. The president also accusing china of being caught red handed helping north korea claiming there will never be a peaceful solution to the north Korean Nuclear threat if china keeps acting the way it is. Cliff may is coming up with the analysis on the latest threat. The dow headed for its 71st record close of 2017 with one more session remaining. Dow 25,000 and it could happen maybe not today but certainly tomorrow. We are less than one hour to the closing bell on wall street. I am Lauren Lauren simonetti in for liz claman. Were at the countdown. Breaking news, softbank has successfully bought a large sake in uber the wall street journal is reporting this deal values the Ride Hailing Company at 48 billion which is about a 30 discount to its most recent valuation which was almost 70 billion. Meanwhile on wall street the dow racing to another record close again, this would be the 7
Welcome to power lunch, im contessa brewer. Another strong day for stocks as all three indices look for a winding streak the dow is up about 143 points, a slight pullback from where we were a half hour ago both the s p and nasdaq are on pace in more than six years and both indices up 5 health care the best performing sector today johnson johnson, pfizer, eli lilly among the big gainers. A couple beatendown names moving higher, ge back above 15 a share despite being hit with a shareholder lawsuit and snap is now up 50 so far in february. Three hours left in what has been a huge week for stocks. Bertha coombs is at the New York Stock Exchange bertha it has been quite a big week. Its been two weeks since we had that downturn starts and after consuming a lot of rocky road ice cream, today it feels like vanilla. If you look at the major averages in terms of where they are from their highs back at the end of january, the nasdaq here within 3 of its all time high in january as weve seen a big