Will google or facebook or others be broken up . Congress calling for big changes at big tech. As an investor, you have to hear this news. And could be the metals is where it is at an interview on where the value is right now it is wednesday, october 7, and this is worldwide exchange. Good morning, good afternoon, good evening from wherever that you may be watching we aint talking about love, but we are playing the music because we are talking about Eddie Van Halen, dying yesterday at 65 years old due to cancer. Rest in peace, Eddie Van Halen you made a lot of nights a lot better thank you. And lets see how the markets look right now, 5 00 hour as the sun is not even close to being up you. This follows a steep selloff tuesday afternoon, futures there higher about 229 the president s abrupt decision to scrap stimulus, but then around 10 00 a. M. , tp. M. , presi saying that the house and senate should immediately, all cap, approve 25 billion for Airline Payroll support and 135 billion f
On further coronavirus stimulus until after the election the dow, which had been up, turned around and actually closed down by about 375 points. It was down by 1. 3 , s p down by 1. 4 and the nasdaq off by 1. 5 . However, this morning the stock futures are sharply higher this started last night around 10 00 p. M. When President Trump posted a flurry of tweets, one of them calling for airline and Small Business payroll support immediately. And another calling for a standalone bill on stimulus checks he was saying that he would sign these bills immediately. And as a result, take a look at the futures, dow futures indicated up with fair value by close to 200 points. Ylan mui has been following all of this and has more good morning. And just hours after the president walked away from the bargaining table, he appeared to take three steps back calling on democrats to pass targeted relief first it was that 25 billion for the and i remember industries Payroll Support Program and 135 billion fo
Terrifying early days and with it a reason to be hopeful. And President Trump saying nope to the virtual debate he wants to get back on the road it is friday, october 9, and this is Worldwide Exchange right here on cnbc everybodys working for the weekend especially wants a new romance with all due respect to lover boy, no, we are not. Lets all agree, you and i, im looking at you, it is 5 00 and were not working on the weekend, were going to rest and im going to sleep all weekend good morning, good afternoon, good evening and welcome happy friday, even im Brian Sullivan lets kick it off with stock futures because they are higher. Dow futures up 96 points, the major averages all coming off their third positive session in the last four. And the dow quietly on track for its best week since early august and file this under you cant keep a good market down. The dow transports higher once again yesterday hitting yet another record high, that index up more than 4 since monday trucks and trains
Split. Well tell you why invesetors ae piling in today. Energy companies have shut in production we have the latest on the impact of tropical storms marco and laura. Power lunch starts right now thank you, tyler as you mentioned its shaping up to be another record breaking week on wall street. That means even more evidence mounting that stocks are getting pretty expensive bob is following the markets for us bob. Yes it is. Right now we have very light summer volume. We have fairly narrow trading range today. I like what i see and i like what i see for one particular reason for once its not all about Technology Stock it started out that way at the open but it quickly changed and investers decided maybe the tech stocks are too pricey afterall today were seeing Energy Stocks bank stocks out performing, even industrials out performing the Technology Sec tore. Thats a big change of pace for the last couple of weeks i want to show you something to give you an example of how it changed. Apple
Return to public life, as global past 251,000. In hong kong, they say they will relax restrictions soon. Bnp paribas is fullyear earnings take a pounding from the coronavirus pandemic. We will bring you our interview with the banks chief financial officer. Recovery mode. Goldman sachs and Morgan Stanley see signs of the World Economy is bottoming out. Could growth bounceback in the second half of the . We are just not half of the year . Where just under an hour away from cash trading in europe and the u. K. Lets take a look at where futures are after the pounding we took yesterday. Than 4 fell more yesterday before u. S. Stocks rose. We have european futures falling, asian stocks higher. Ftse futures up 1. 3 and dax futures up a little bit more than that. Take a look at u. S. Futures. We see gains there as well. S p 500 many contracts currently percent quarters of a and Dow Jones Futures up 0. 9 . These are todays top stories from the bloomberg terminal. An internal u. S. Government pr