Cfo about why all the m a is going on and how billionsof dollars vanished in hollywood as the screening giant shuts down completely it is thursday, october 22, and this is Worldwide Exchange. I think video killed the video star, answer that the anyway, welcome from wherever in the world you may be watching. Thank you for joining us well get to that squibby story in a few minutes but right now here is how the Global Markets are setting up their day. Stock market, well call them done to maybe flat nasdaq a little bit in the green, all this after stocks closed down yesterday, dow slipping 100 Investors Holding out hope for a stimulus deal and also starting to worry more about the election more on that in a few minutes. Major indexes all on pace to snap their multiweek win streaks. Nasdaq down slightly more. And today well get jobless claims number out at 8 30 as they always are on a thursday. For the first Time Applications may be coming in at 875,000 like they did in the latest week. Las
S p 500 few you ares up 15 the nasdaq with a gain of about 1. 7 all because of what is happening with four big horseman check out shares of apple, facebook, alphabet and amazon. They went before congress two days ago and came out with earnings that knocked it out of the park on every one of those counts three of the four are trading sharply higher apple up 6. 1 , facebook up 5. 8 , amazon up 5. 4 alphabet did beat earnings estimate did post the first revenue decline and is down 0. 67 . More on those in a second. Lets kick it over to wi will everyone wilford. Good to be back extraordinary numbers, as you said well discuss those in a moment. First check out this mornings agenda as we are closing out the week well bring you results from cat, chevron, exxon and merck. Kol gate, underarmor and others. The late day of july lets check out the market score card owl three major indices on track for the fourth straight gains. Nasdaq the big oner up 18 month to date up 5. 2 . This past week, back
Suspending production in South Carolina green arrows across the board. The dow will open about 600 points also looking at the green on the nasdaq and s p 500 if you take a look at what is happening in the treasury as well s p indicated up 72 points in the treasury, youll also see what is happening on the yield in that front. It is the 10year that is yielding closely at 7. 04 . Lets get everybody updated on the latest on the pandemic numbers. Nearly 11,000 people in the u. S. Have died from covid19. The country has more than 361,000 cases. New york has 131,000 of those cases. New jersey reaching a grim milestone with more than 1,000 deaths in the state. Overseas, we have positive numbers from italy that reports its lowest daily number of new cases since march 17 spain reporting its lowest number since march 22nd. The second time since january, china reported no new coronavirus deaths reporting 30 new asymptomatic cases and two with symptoms. President trump has struck a deal to buy mill
Task force is ready to recommend that all americans now wear a mask, a scarf, bandanna or some other protective Face Covering in order to protect against the virus. Here is doctor Anthony Fauci this morning stressing that Face Covering does not mean using the same much needed n95 mask that are in such critical need for our doctors, nurses, healthcare workers who are fighting on the front lines. When you are out, and you cannot maintain the 6foot distance to where some sort of facial covering. The important point to emphasize is that that should in no way ever take away from the availability of masks that are needed for the Healthcare Providers. Lou incredibly, much of Corporate America is working with the president and working for the American People. Acting in the National Interest in the worsening crisis. One firm tonight stands out. The president first requesting and now ordering that 3m stop altogether its export of much needed, critically needed n95 mask that are in such demand in
Task force is ready to recommend that all americans now wear a mask, a scarf, bandanna or some other protective Face Covering in order to protect against the virus. Here is doctor Anthony Fauci this morning stressing that Face Covering does not mean using the same much needed n95 mask that are in such critical need for our doctors, nurses, healthcare workers who are fighting on the front lines. When you are out, and you cannot maintain the 6foot distance to where some sort of facial covering. The important point to emphasize is that that should in no way ever take away from the availability of masks that are needed for the Healthcare Providers. Lou incredibly, much of Corporate America is working with the president and working for the American People. Acting in the National Interest in the worsening crisis. One firm tonight stands out. The president first requesting and now ordering that 3m stop altogether its export of much needed, critically needed n95 mask that are in such demand in