A live report from that region is apple making the best for october . What it is saving for the fall wednesday, september 16th, this is Worldwide Exchange on cnbc. Good morning, good afternoon, good evening wherever you are watching thanks for joining us. Here is how your money and local markets are opening. Maybe you cant because you are driving. They are higher. Dow futures indicate they are opening higher futures are up 97. The decent day rises on tuesday. A positive breath day. About 70 of all stocks rose the third positive session in a row for the dow and s p 500. Small caps continue to be a rising star. The russell 2000 adding to the mondays 2. 5 gain from the recent 52week high. Small caps, again, a group to watch. Another one are the transports a new 52week high a leading indicator. That is the transports highest level. That record set almost two years ago today but something to watch. This morning, oil is rising on concern that Hurricane Sally will not begin production. We are
The session with fourth days of gains with the dow industrials up 31 points. Much of the rally dissipating and then some. Nasdaq down by theless, s p down 15 at 4 00 oclock on wall street. Tiktokoracle deal uncertainty. President trump to reveal the deal today as the white house pushing for u. S. Control of the chinese app. Origins of russia tab, subpoena obama officials now and senator Lindsay Graham announcing when jim comey will testify in front of senate judiciary. Coming up at 7 10 a. M. Doug collins with more on that and pressure hes putting on apple after records show phones belonging to muellers team were wiped. Find out who will be playing joe biden on saturday night live. The bank of england out with its own Rate Decision in about an hour. Investors would be watching for any news of added stimulus and what the forecast is for the broader economy in the year ahead. In asia overnight, red across the board as well. The bank of japan left Interest Rates unchanged and says the eco
And the state of the apartment rental market in new york city. Thursday, september 10, 2020 Worldwide Exchange on cnbc good morning, good afternoon, good evening wherever you are watching it is only thursday but feels like we already lived more than a week in the markets. Down one day, up in the next futures are in the red dow futures down nasdaq down 85 points right now. The nasdaq did bounce back yesterday. Up nearly 3 for its best day since april. 85 nasdaq 100 stocks finished higher on wednesday. Le led by gains in zoom and tesla. Tesla coming off its worst trading day ever those stocks fractionally down around the world, asia mostly higher after a rough day there european markets are just getting started. Julianna tatelbaum is standing by with more and some headlines. Good morning brian, good morning it looked like we were in for a positive session at the start of trade today but things have turned negative. We are looking at red across the board in europe. Yesterday, we did see a
Michele. This is one of the most difficult things to accept, that this market does not have to reflect what is going on in this economy. Can you speak to that . Bob i can speak to that because im in the bond market and it is reflecting perfectly what is going on. We just printed 33 gdp. There is a giant hole that we think will take 10 years to fill the output gap that has been created. The fed is telling us for a long period of time they will keep rates at zero because they have to bring the cost of funding down across the system so that any kind of recovery takes hold. Slowly, Bond Investors are recognizing that, and that has emboldened them to move further up the curve both in terms of duration and lower in credit quality. Jonathan we have had conversations about market distortions. The equity market, Big Tech Companies dominating the benchmarks in the u. S. What is the cleanest trade in fixed income to play an economy that would take 10 years to fully recover . Bob there are two cle
Result of arson fires. And coronavirus takes out the countrys Oldest Department store chain. Liquidation sale signs could be seen on lord taylor locations yesterday. The nearly 200yearold Company Announcing its declared bankruptcy. Those are some of our top stories on this monday, august 3rd. Thank you for joining us. Hope you had a good weekend. Lots of news to get to. Were beginning this half hour with the possible hurricane heading for landfall in North Carolina. Residents and President Trump has already approved a disaster declaration for parts of the state. Isaias is a Strong Tropical Storm and heading northnorthwest. Before its done it will bring as much as six inches of rain to North Carolina. Reporter josh chapin is there. Reporter beachgoers raving about the weekends weather even as a storm threatens this beach town again. For Tropical Storms, we have to look at the totality of impacts. Reporter New Hanover County Emergency Management is not yet calling for evacuations. For ea