Deal tesco hales a strong start to the year but uk sales slow in the latest quarter and a calmer day in hong kong after massive protests against the extradition bill turned violent forcing the closure of government offices while beijing looks to allay investor concerns about the unrest good morning its been a relatively strong start for the day across europe you can see the ftse is 0. 15 higher dax in germany trading 0. 40 higher in paris, the cac 40 is slightly above the flat line. In italy, the ftse mib trading about a quarter percent higher lets look at the sectors behind those numbers to see where the positive signs are coming from the healthcare sector up almost three quarters of a percent. Telecoms trading twothirds of a percent higher real estate a half percent up on the day. The bank stocks, you can see across europe, they are trading lower as are Household Goods and some of those media companies. A huge focus of the media space in europe over havent days. That will be somethin
Selfdriving car ambitions and why that may actually be good news for the stock. Plus hong kong looks to get its property sector back on the right foot and its investor happy to go along for the ride. Shares of bumble sink as we go to the open. Its wednesday, february 28th, 2024, and youre watching Worldwide Exchange right here on cnbc. Good morning. Welcome to Worldwide Exchange. Im frank holland. Were going to kick off this hour with a check of u. S. Stock futures after a bit of a mixed day for stocks that saw the dow close lower but the s p and nasdaq finished very slightly higher. Right now you can see red across the board. It looks like the tow could open at 145 points lower. Nasdaq is the hardest hit, down over a half a percent. At least 46 s p 500 stocks are trading at 52week highs or a alltime highs with big tech or communication services. Take a look at some of the names. Were talking about ross stores, ulta beauty, tractor supply, volcan materials. Russell 2000 is coming off i
Flight to safety. Shares in semins as diagnostics takes a hit in the Third Quarter. The ceo says hes still confident despite some challenges. We saw some headwinds from Foreign Exchange over the year and we guide for this in the last quarter and because of this, we see very well underway to get to the lower end of the original guidance. Four charges and six alleged cocon coconspirators. Former President Donald Trump is indicted for attempting to overturn the 2020 election and conspiracy to defraud the u. S. Well, good morning to you. Heres the news weve been breaking across the morning. Fitch stripping the United States of its aaa reading and down to aa its over the standard of governance over the last 20 years following the buy saturday tan talk in the month of may which eventually saw the debt ceiling raised until january 2025 now, the agency had placed the u. S. On negative watch following the 11th hour deal fitch then also flagged a high debt burden along with an expected mild rece
Challenger claiming victory. Translator i can lead and try to govern the victory by accepting the electoral results. Translator its a regression of rights and liberties have failed today u. S. Energy secretary Janet Granholm called for greater oil output as she tells cnbc, there is a volatile environment in energy markets. A lot of emotion in these markets and so we have deep concern about trajectories of where things are headed. Reporter and the wildfires prompt europe carriers to have the biggest Mass Evacuation of the country in history good morning again, everybody. Welcome to street signs. We have such a busy week coming up but also a very busy start to the day as well, namely because were getting a lot of flash pmi data out of the eurozone countries. We have the flash composite number out of the eurozone let me bring that to you it has come in at 48. 9 that is lower than where we were back in june so a little bit of a contraction versus where we were just in the prior months lowe
Challenger claiming victory. Translator i can lead and try to govern the victory by accepting the electoral results. Translator its a regression of rights and liberties have failed today u. S. Energy secretary Janet Granholm called for greater oil output as she tells cnbc, there is a volatile environment in energy markets. A lot of emotion in these markets and so we have deep concern about trajectories of where things are headed. Reporter and the wildfires prompt europe carriers to have the biggest Mass Evacuation of the country in history good morning again, everybody. Welcome to street signs. We have such a busy week coming up but also a very busy start to the day as well, namely because were getting a lot of flash pmi data out of the eurozone countries. We have the flash composite number out of the eurozone let me bring that to you it has come in at 48. 9 that is lower than where we were back in june so a little bit of a contraction versus where we were just in the prior months lowe