Overspeed. The communist party wants greater sustainability. The ecb hints that a more stimulus is coming as governments impose new lockdowns. Seize until the crisis dies down. Breaking news out of south korea, we are getting the september numbers for Industrial Production, a rebound of 5. 4 . This is a rebound from a can fraction in the previous period. We are seeing revisions upwards for the previous month of august. This is a huge beat of estimates. Growth, on year number, a jump of 8 , really rebounding after six months of contraction for Industrial Production. That werising given have seen export numbers rising for the first time in seven months. We have seen more positive sentiment on external demand. Now we have Industrial Production numbers in south korea beating estimates. Just had the markets open in australia. At amp, one of the first stocks trading, higher by more than 20 . This is after they confirmed they have received a conditional proposal from u. S. Based areas, not en
Tech stocks underperforming today, pulling back more of mondays gains or giving up mondays gains, i should say, still on pace for a positive week 59 minutes left of the session, exactly down. 5 , sarah. Weve got a big lineup coming your way National Economic Council Director larry kudlow will join us to talk about the stimulus negotiations and any Economic Impact there. John shrewsberry of wells fargo will be with us and well talk to David Malpass and the race to fund Vaccine Development around the world. First off, though, lets get straight to the big stories were watching mike santoli is watching the market pullback. Rick santelli has the bond report but lets start with mike santoli. Big tech and momentum growth that have been running pretty hotly. This modest payback mode for the prior few weeks. Lows for today were right exactly where the s p closed on friday essentially made this roundtrip a couple of times, trying to bounce off of them yes, if you look at energy, look at pure val
And on the campaign trail, just six days until the election, and hackers are now targeting the website for one candidate. Kayla tausche has the latest florida and call it a comeback five years in thin in the makinn d stewart reportedly seals the deal for a new streaming service. You are watching worldwide exk3e7e exchan exchange good morning, and welcome to the show im dominic chu in for Brian Sullivan first off, a hearty congra congratulations to the dodgers, beating the rays in last nights game six for their first title since 1988 this marks the second championship win for the city of l. A. With the lakers winning the nba championship last time this happened was also 1988 and it was the dodgers and the lakers, congratulations los angeles on that big win. Lets now begin this wednesday morning with a check on the stock futures picture. Were seeing implied opens for the dow of 422 to the down side, s p by roughly 42 and nasdaq by 113. This does represent right now at or near the lows of
Cfo about why all the m a is going on and how billionsof dollars vanished in hollywood as the screening giant shuts down completely it is thursday, october 22, and this is Worldwide Exchange. I think video killed the video star, answer that the anyway, welcome from wherever in the world you may be watching. Thank you for joining us well get to that squibby story in a few minutes but right now here is how the Global Markets are setting up their day. Stock market, well call them done to maybe flat nasdaq a little bit in the green, all this after stocks closed down yesterday, dow slipping 100 Investors Holding out hope for a stimulus deal and also starting to worry more about the election more on that in a few minutes. Major indexes all on pace to snap their multiweek win streaks. Nasdaq down slightly more. And today well get jobless claims number out at 8 30 as they always are on a thursday. For the first Time Applications may be coming in at 875,000 like they did in the latest week. Las
First Vice President ial debate. What to expect, coming up. Markets are higher, take a look at futures, a gain in the triple digits this morning, the dow industrials up 129 points, nasdaq up 43, s p 500 higher by 13. This after markets fell yesterday after President Trump walked away from the stimulus talks with Speaker Nancy Pelosi. The president tweeting no more stimulus talks until after the election. Causing an afternoon reversal. The dow industrials down 376 points at the close, the nasdaq lower by 177 and the s p 500 down 47. Briefing bracing for impact, hurricane delta churning toward the gulf coast now, some Southern States declaring a state of emergency. Raining reining in big tech, lawmakers weighing whether or not top tech firms should be broken up. Getting away from it all during election week, the 5 underground adventure to get away from it all making a buzz this morning. Mornings with maria is live right now. European markets this morning look like this on the heels of ga