Themselves on the wrong end of a judges decision in california it is friday, october 23, 2020 and you are watching Worldwide Exchange on cnbc good morning, everyone. Im seema mody in for Brian Sullivan we kick off your friday morning with a look at stock futures, the dow up currently about 75 points the major averages august coming off their second positive day in three. But looking to end the week in the red. Here is how were set up the dow and s p are on track to snap a three week winning streak, the nasdaq on pace to break a four week winning streak for its first worse week since september. Part of that is apparent rotation out of Technology Take a look at the ishares and momentum etf, it is down more than 2 this week. And on pace to snap a five week win streak the etf tracks tesla, apple, amazon, invidia and microsoft. But not to be out done, First Trust Dow jones Internet Fund is now down about half a percent for the week eyeing its first down beak week in five financials and regi
Good morning, im dominic chu. It is your money, your vote. Brian are s Brian Sullivan is live in grand rapids first, the dow implied higher by just around 100 and so points here the dow coming off more than 420 point gain to kick off another month after its worst week since march. The s p 500 also higher by more than a percent just yesterday. We are also watching the treasury side of the equation as well yields holding relatively steady at least for this time being around the world, a sharply higher session overnight in asia with the hang seng and kospi posting near 2 gains. You can see there on the map a very positive day generally speaking for asia. And green also on the european side of things with 2 gains for the cac in france and nearly 2 for the german dax and ftse 100. But back to the campaign trail and the future of the american presidency and congress now in the hands of us, the electorate amid record breaking early voting and key state Supreme Court ruling in texas, the candi
Busiest day of earnings season and as we await a vaccine, more positive news from one drug maker about a possible treatment. You are watching Worldwide Exchange here on cnbc good morning, im dominic chu in for Brian Sullivan. We begin with stock futures pointing to a possible turnaround with the dow kit e indicated high, 175 to the up side, s p up by 27 and nasdaq up by 125 the dow and s p are coming off their first single day performances since june 11 the blue chip index seeing its fourth done day wn kaday in a re late february. Since the selling began on friday, the dow has shed a total of 1843 points, roughly 6. 5 it is on pace for its worst monthly performance since march. And it wasnt just the dow Big Technology also taking it on the chin over the past couple of days take a look at facebook, alphab alphabet, apple, tesla, and more together losing some 270 billion in market value just since tuesday alone. All of this coming as the u. S. Reporting its highest number of coronavirus
Battlegrounds to watch in washington, d. C. Is senate is set to vote on the confirmation of judge Amy Coney Barrett after clearing a key hurdle over the weekend. Time to make the donuts. A possible 9 billion deal topping this mornings news that is sure to get your coffee brewing. Its monday, october 26th, 2020. Youre watching Worldwide Exchange right here on cnbc good morning welcome to the show im dominic chu kicking off your monday morning with stock futures pointing towards losses right now. As you can see the implied open for the dow is roughly 308 points to the downside s p is implied lower by about 39 and the nasdaq down by 129 points if these futures holds into the opening bell for regular cash Equities Trading the major averages coming off their first down week in the last three the nasdaq taking it the hardest with more than 1 loss on that side of things on the flip side, youve got the russell 2,000 small caps continuing its run higher. Seeing third positive week in the last f
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