Vaccine. I love what Greg Valliere published minutes ago, where he says this is a humanitarian crisis, and another word he uses in his terse note is acceleration. Not only acceleration of chases and deaths, but this is about the medical industry and the hospitalizations. Peter hotez scheduled to be with us later this morning. Jonathan in various places around the country, the Health Care System is being overwhelmed. The caseload has gone from about 77,000 at the start of this around 150,000. Silent, anduse is congress isnt looking at a fiscal package right now. They are looking at nominating judy shelton to the Federal Reserve. For this market, the policy focus isnt there. Tom what is interesting is the incongruence of the president and the care he got at walter reed, whereas from sea to shining sea, it is not happening. I cannot convey the strangeness of american media, election, election, election, and below the fold is here is the mass of the pandemic. Jonathan weve got a crisis. In
New and all electric hummer to the world, but you got to hear the price tag. And it is once again time for you to speak out, this time on the election. And which matters more to your money . The white house or the senate . It is wednesday, october 21, and this is Worldwide Exchange on cn cnbc welcome from wherever in the world you may be watching. Happy wednesday. Im Brian Sullivan here is how your money in the Global Markets are setting up. Stock futures are down, dow and s p trying to post back to back days of gains, but dow futuresf about 100, nasdaq iabout 70 mtum is the cute ticker, coming off its fifth straight down day. Its longest losing streak since late february. That etf tracks names like te a tesla, apple, microsoft and more, all the names that really control the entire market. Same story with the faang stocks First Trust Dow jones, the fdn, also seeing 2350five down days row now, first time that has happened since february. So you have to watch tech, some of the big name e
Then nikolas partnership with gm. Why both stocks are set to surge despite of course the broader selloff. And finally, this tesla snub. The s ps decision to leave tesla out of its benchmark having a huge impact on the stock. Not the only reason, of course well explain why later on this hour jim, thank goodness youre back, man. It was good to get your take from home at least on friday amid this madness. Well, ill tell you, what i saw last week and i see today is this parabolic move. Look, fridays close, i thought it was what we would call phony. I mean the big rally please i didnt think there was anything to it other than Short Covering i think well revisit the lows that we saw friday and then we have to rethink, because the selling, frankly, is too hard this morning that doesnt mean that i dont think ultimately the people who dont know what they own shouldnt sell, im saying this is just trying to find price discovery, where we were friday, and then we able to figure out what to do davi
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
Continuing to be all about tech. Surging since the best monthly performance since 2000 u. S. Equity futures, youll see at this point you are looking at some green arrows across the board. Nasdaq indicated up. Dow is up, so is the s p 500 well talk about zoom. It is those Technology Stocks leading the way. Looking here to date, they are up more than expected. Looking at the treasury market, it looks like the 10year is yielding around the same amount of 0. 726 . Zoom, huge news. Right now, top single stock of the day is zoom the stock is on fire that may be the least impressive thing. Jumped over 300 year over year. Free cash flow up 2,000 year over year. New customer subscriptions delivered 81 of the Revenue Growth and less customer churn than expected. Kelly will join us to dig through the quarter at 8 30 eastern time stock up 80 right now how would you like to be in a business where your Free Cash Flow was up 2,000 it sounds like a kids lemonade stand. Thats what has happened to zoom