Welcome to post9. What do you think . We were down as much as 200 points on the dow earlier today. Now were down just 16 points. I think it really what were getting a feel for here whether you thought there was a 50 basis point coming or 50 base point rate cut coming, i think it goes off the table. It hit bull the hardest which is that inflationary hedge. It pushed gold lower equities have recovered but the moves we saw in bonds and dollar havent retraced steps. Shows the resilience and risk on sentiment that investors have. Thats what i was watching throughout the session when you saw equities lower and bonds lower you need one to break one way or the other we saw continued selling in bonds but a little bit of recovery in equities what were seeing on the screens they really arent down too much s p futures down its interesting to see what happens on monday when everybody comes back from the hampton. We only have one basis point decline for nasdaq any positive close for the main three i
Worldwide exchange on cnbc. Im with Courtney Reagan in for sarah today. Good morning. Good morning. Happy monday. Great to have you with us. Lets go straight to Global Market action. Take a look at futures after friday stocks ended only just marginally higher. Were poised to open slightly lower, we have 4 1 2 hours to go before the opening sounds in the United States. The Dow Jones Industrial is called lower by 35 points. S p 500 down about 7 points for the futures and nasdaq off about 13. If we take a look at the action on the tenyear treasury, we did hit a high on friday of over 2. 52 , the highest since mid february. Now you see weve pulled back just a bit here, 2. 464. Theres so much that happened over the weekend in politics both in the United States as well as globally. Indeed. Very slight gains, of course, we saw on friday. For the week as a whole, four straight weeks of gains for dow. The dow up just shy of 1 last week. Led the pack of indexes up 0. 7, financials best performin
Rules. With strict dependability, no one is asking, no one is asking, not the government asking for anything. And in another exclusive interview, Indias Central Bank governor tells cnbc multipolicies are driving marketability. One of the biggest concerns, the World Economy is not picking up. Chinese world has slowed down. Weve japan not pick up. Weve seen europe in a very bad way. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. Well, what on earth is going none markets . A lot of red behind me. Volatility has spiked this week and equities have done, too, in both directions. Today down, 0. 75 . The stocks down 5 . Whats driving this, a big, big selloff and that has fed into european markets once again today. It seems this is being led bust ji german negative data and what people think that means for the jury row zone as a whole and Global Growth. The u. S. Was unable to shrug is off. And out. 5 . Germany down 0. 7 . Lets look the abonds, wev