Its spinning off one of the most highly sought after assets. A possible move that could help the Company Steer clear of investor scrutiny and astrazenecas trial is back on track. Youre watching Worldwide Exchange right here on cnbc. Good monday morning. Heres how stock futures are looking on this monday morning you can see a solid amount of green on the screen. The s p higher by 32 and the nasdaq by 127. The key index to be watching over the last several months now this after the s p posted its worst week since late june and coming off the first two week losing streak since may but the focus remains on technology. Closing down more than 4 since the worst performance since the weekending march 20th and the first two week losing streak since july the nasdaq is now down more than 10 from the most recent 52 week high it was also a record by the way. A number of key events in the week ahead for the markets and your money they include a very big day tomorrow and a few fomc a new fomc meeting
Inperson classes. And no deal yet as the automaker takes a test drive with automaker elon musk. This is Worldwide Exchange here on cnbc good morning, good afternoon, good evening and welcome wherever you are watching hope you have a good tuesday here is how the markets are setting up the day futures are down nasdaq ended up losing over 4 late last week and it could be more today look at that, nasdaq futures are down 253 points. Remember, what we have seen happen, when futures really begin trading, always tends to accelerate we cant say that will happen today but that has been the trend. Nasdaq futures are down significantly. That is not a good look in the Technology Part of the markets which controls the entire stock market snapping a fiveweek winning streak as investors learned that soft bank was a big driver placing multimillion dollar bets on the Options Market. Despite what is happening right now, goldman sach thinks so. Advising clients to keep their faith in Technology Stocks unl
A new emerging of a possible buyer of tiktok. More challenges for boeing as it continues to deal with the fallout from the pandemic and the 737 max woes it is tuesday august 18 and this is Worldwide Exchange. Good morning. Good afternoon good evening perhaps that song will get you, you know, jumping. Why not . Global markets are setting up their tuesdays stock futures slightly higher right now. They are in the green investor focus on the dow remains on the s p 500 a half a percent from the alltime record high if you are counting at home, any close above 3386. 15 would be a record close stop us if youve heard this one before one area not waiting around is technology the nasdaq pushing to a record high the 37th high of the year and 33rd record close of 2020. Once again leading technology, tesla. Another record high. By the way, also adding another 8 billion to elon musks personal fortune pushing him back on the list tesla shares up 32 in just five days 32 in five days hey, maybe that rec
No nationwide lockdown thats the message from President Trump as the feds deal with a growing list of hot spots around the country and why the white house is saying it wants to cut any deal between microsoft and chinas tiktok it wants a piece of the action tuesday, august 4, 2020. Good morning im dominic chu in for Brian Sullivan today kicking off your Tuesday Morning with some stock instability. The dow down some 40 points, the nasdaq down 40 points as well. The s p off by 18 points the market rallied after capping off a win streak the dow rallied more than 400 points as you are seeing in this time lapse from yesterday. The index hitting another alltime high with the 29th record close of the year so far. The tech sector broadly higher closing in on its alltime high as well. The S P Technology center up 24 gains year to date sales force, microsoft, facebook, take two interactive, qualcomm apple, after a more than 10 gain on friday closing up another 2. 5 , the stock is now just Percent
The nasdaq hitting a new record high and amazon shares crossing 3,000 bucks a piece for the first time ever. Shannon, well start with you on this one what the you make of the rally is it legit and why is it happening now given everything we know negatively about the coronavirus virus . Were just continuing to see investors look at the sentiment thats coming out of the surveys and anticipating this continued v shape recovery we have seen the v shape recovery in the stocks already were anticipating a v shape recovery in the economy. I think that really rests on the fact that despite the fact were seeing this pick up in cases, theres not a widespread expectation that we go back to the lockdown that we saw in march and april. They really anchor themselves to the most recent period which was a very difficult period from an economic standpoint. Investors are continuing to look forward. They are continuing to see the Second Quarter being the earnings trough from this particular recession look