Good morning, everybody. Im becky quick and welcome friyay were watching the equity futures. Three down days in a row, but the dow did make a pretty stunning recovery, down actually over 300 points after the numbers at 8 30 yesterday that showed that initial jobless claims were higher than anticipated. Ended down by 20 points at the end of the session this morning dow futures down about 13, s p s p are flat lining, nasdaq basically flat lining too well be watching this closely to see how people shoring things up you as we head into this weekend. And also take a look at what is happening in the treasury market the ten year which yesterday fell back below 7. 0 and now is 7. 26 . Lets talk about what happened last night. President trump and former Vice President biden making their case to the American People on dueling town halls i was sitting there with my remote going back and forth, both events focusing on the Trump Administrations handling of tGlobal Pandemic. Do you support herd immu
Days, ottis days yesterday that i saw, and all i can say is still cant find an entry point on tesla. I want to get into tesla but maybe it is down another 20 . Francine it is still off from the start of the year. Lets get to first word news in new york city with ritika gupta. A e it is a socalled skinny proposal. To break the logjam with democrats in the house. The bill will cost up to 700 billion, a far cry from the democrats 2. 2 trillion dollar belief package. Once again coming u. S. Infectious disease chief Anthony Fauci is counting something President Trump has said. A vaccine is unlikely for coronavirus will be available by election day. President trump has hinted that a vaccine will be ready by then. In the u. K. , Prime Minister Boris Johnson will than all social gatherings of people more than six people, a surgeon coronavirus cases to 3000 is prompting him to act. People getting together for work, weddings, and funerals. Bond market guru Jeffrey Gundlach says highyield debt de
A little history most of them good. Maybe one bad way. It is your rbi its ahead right here on Worldwide Exchange on cnbc well, good monday morning and good afternoon and good evening. Thank you for starting your week with us here on Worldwide Exchange on cnbc and heres how your money and the Global Markets are setting up there monday stock futures are lower and they come off their lows by about 100 points remember very volatile at this hour particularly in the summer. Now in regard to the market the dow and the s p coming off their Third Straight week of gains the nasdaq though, it fell partly to blame for technology and probably the theme to watch is big tech. Its amazon. Amazon seeing the first down week much more on the rbi i dont want to give too much away it wasnt just amazon dragging down technology. The question that investors have is is the work from home or state at home trade trying to beginning to wind down they took a pretty big hit last week something to watch perhaps unwi
Impacts much of Silicon Valley print our guest reporter is Emily Birnbaum of the protocol. Thank you both for being on the communicators this week. Thank you for having us. Host congressman, as the representative of Silicon Valley how would you describe the reputation of some of the Member Companies in your district right now in washington . Guest well, i think on one hand there is a lot of positiv positives. If you look at the polling the Tech Companies pull about 60, 70 of their approval and there is a sense that these are companies and some are working on vaccines and companies are working on antivirals and they are allowing for remote work, for remote calls that they are engaged in allowing us to have good medication in the time of a pandemic and allowing them to get groceries or information but that said there are a lot of other ethical issues in a sense of essential workers being paid appropriately and are these doing enough combat hate speech and Voter Suppression and are they d
Lets start with the Military Coup in myanmar. Police have filed several charges against the elected leader Aung San Suu Kyi. She hasnt been seen since her arrest on monday and remains in custody. The charges she faces are unexpected. First, shes charged with breaching the countrys strict import and export laws. Shes also accused of possessing Unlawful Communications devices, and we know that is related to six walky talkies used by her Security Guards and which the Authorities Say were found in Aung San Suu Kyis residence. Heres our South East Asia correspondentjonathan head. Any Walkie Talkies in her home would have been used by Security Guards. Everyone will know that is a device. Its a way of trying to neutralise. Just think about this. The military lots there too because she has one every election by really significant margins. If the military is to fulfil its promise on holding another election, it has to find a way to get out of the election. Thats what they will use to do that. A