Rose. Microsoft saw a better First Quarter revenue, helped by demand for Cloud Services as more people work remotely. Sales through september topping 37 billion. Melbourne, the merge from a melbourne emerges from a strict lockdown. Ours and restaurants are reopening, even home visits are allowed. Shery lets get you started with a check of the markets. U. S. Futures opening lower, down. 4 . This after stocks fell to a three week low in the regular session. We had cyclical stocks taking the brunt as virus cases continued to climb globally. We have the nasdaq composite pulling back of yesterdays losses on the deal around amd. Durable goods orders coming in better than expected. Lets see how things are shaping up for the asian markets. Here is Sophie Kamaruddin in hong kong. Sophie we are seeing losses continue here in asia. Chip stocks very much a focus after amds deal to buy. Earnings. We have results from sony, zte, as well as budweiser asia to name a few. And a straley or, we have had
The coronavirus marches on with u. S. Remaining in focus. Aussie prepares to meet with melbourne again under lockdown. The Health Care Sector sees his biggest deal this year. Siemens will pay more than 16 24 premium from fridays close. Shery lets get you a check of how markets are trading. We are seeing u. S. Futures addingng gains up. 1 , to that rally we saw on friday. Have seen the s p 500 rising for the fourth consecutive month. More positive sentiment over potential virus relief packages being released in the u. S. Not to mention the surge in tech shares. We had the nasdaq composite outperforming with Solid Earnings from tech giants. Apple, now the worlds most company valuable overtaking saudi aramco after posting other than expected results. Posting betterthanexpected results. See negativeo economic numbers out of the u. S. With secondquarter gdp seeing its sharpest contraction on record. Rating switching from negative to stable. Oil was under a little bit of pressure because of
Maria good wednesday morning everyone. Thank you so much for joining us this morning. I am maria bartiromo, wednesday may 15, your top stories, 6 00 a. M. On the east coast. The big test that markets have been waiting for the april Consumer Price index revealed at 8 30 a. M. Eastern, features searching for direction ahead of the muchanticipated inflation reading after three straight months of hot showings of elevated inflation. We are all over it, all hands on deck with the best analysis and smartest conversation coming up with impact on the fed rates and prices we will all be paying coming up retail sales this morning as red lobster Seafood Restaurant declares bankruptcy and start liquidating stores commodities on fire, take a look at copper at record highs this week and trading higher once again up another 3 right now european markets are mixed and fractional moves across the board in the eurozone, same story overnight in asia, fractional story there mix moves across the board. Presi
Were they up, you ask . Lets take a look. Yes, spain and italy, i always like to see the ftse over in the uk, wilfrieds home, the only one that is up this morning. The big outperformer this month as well. Playing catchup for the year more than any other specific factors. But its been a good month the rest kind of flat for the month. Lets take a look at the tenyear yield and of course, oil Oil Important yesterday. Having climbed above that 60 mark for wti you can see its slightly below. Lets call it not much of a move this morning, flat or so and 2. 42 on the tenyear note yield. Lets get to our road map this morning. In it, it does start with those two trading days that are left for the year u. S. Futures are pointing to a higher open, buoyed by gains in the utility and real estate sector and the cryptocurrency tumbling after new regulation talk in south korea. And its the year of the global ipo, 2017 saw the most Companies Going public since the financial crisis a lot of them right her
Santoli in for wilfred frost and wanted to take us back to the 80s. That was back when people used real phones to call people. I get it. Lets check in on the global markets. After another pretty strong day on wall street, the dow finished higher above 20,000, again futures indicated to open higher as well. Up 11 points. Sort of a mixed picture. Less strength than we saw this time yesterday. S p futures up less than a point. Nasdaq futures are negative six. We have a lot of earnings to talk about. Google with a miss. Microsoft doing really well. Starbucks, some issues there. As for the tenyear treasury note yield, lets show you the sentiment barometer. Its been a story of higher yields all week. There we are. Bangon 2. 50 as wilfred would say. Not moving much this morning. First quarter gdp, a lot to dig through there. A lot of strength in the Third Quarter gdp. Well see if the consumer con if confidence translated into consumer spending. The forecast is for a downshift for Fourth Quart