Last ten minutes or so and finally, optimism around the possibility of new stimulus. All of that helping the market up about 1 on the s p 500 as we stand. Coming up on todays show, big moves in the banks space and Goldman Sachs is bringing workers back to the office well talk about that with the president and ceo john waldron and Michael Novogratz will lay out the risks he sees. Mike santoli is tracking the Market Action and a pair of key faang names holding their annual meetings as tech underperforms today and mike, start us off with the Broader Market and the action were seeing right now. Yeah, so weve been talking about this rotational activity away from the big growth winners into all other areas of the market that are more sickly call and smaller. It is really happening in a benign way so far. Sometimes the baton can get dropped in the handoff but it is towards its highs so kind of stalled out at this area, but below the surface, equal weighted is up close to 5 so it is kind of st
Rally yesterday dow futures are now down. Nasdaq futures lower by 64. Nasdaq up 190. Now this, former Vice President joe biden and the ukraine scandal back in the spotlight, an investigation Just Launched overseas after phone conversations between biden and then ukraine president are released. Meanwhile u. S. Senate taking a major senate in probe of Hunter Bidens role of Barisma Holdings and tesla tapping the brakes in battle with california, dropping the lawsuit after plant is allowed to open. Mornings with maria begins right now. And Global Markets this morning red cross the board, take a look at european indices as u. S. China tensions rise, the cac quarante is down 48 and dax index in germany lower by 174, there are sign that is the european economy is slowly coming back. The euro zone purchasing manager index coming above expectations this morning. In asia overnight, markets mostly lower. Take at the numbers in asia, worst performer half percent lower shanghai composite in china.
Barrier. Softbank is said to be planning deep cuts at the vision fund which could affect 10 global staff, souring bets on tech are takingke their toll. Haidi a mixed start to a politically driven status when it comes to the markets today as we get that precedent being set with that security bill as well as greater considerations over what kind of reopening and second wave issues we are seeing across the rest of the regions. We are seeing new zealand markets starting off the day with tepid gains. The session looks a little bit more muted for the rest of asia. We are seeing japanese futures as well as Australian Futures pointed a little bit higher. Those in hong kong seeing retreats. The npc is being i to be passing the Hong Kong Security eyed to be passing that Hong Kong Security bill. The u. S. Sees 100,000 deaths. We are watching the oil story, seeing whether this pause in the rally will continue given concerns about renewed production out of the likes of russia. Shery to our top stor
Reopening. What is it like to go out to dinner well let you know. A buffett solomon breakup. Well focus on another berkshire breakup making waves ahead of the open. Tsa temperature checks and massive lines out of the industryway . Some of the ideas being floated with more than a dozen out there to get the American Economy and airports going again it is monday, may 18th and youre watching Worldwide Exchange right here on cnbc good monday morning, good afternoon or good evening and welcome from wherever in the world you may be watching us thank you for starting off your monday on cnbc im Brian Sullivan we have a fair amount of green on the screen and a little optimism to start your week. We can all use some of that. Certainly we can and the markets are reflecting it. Many countries are starting to reopen and there are some positive virus trends. Fewer cases and, more importantly, a slowdown in fatalities, at least around the world. Dow futures are up about 300 points right now perhaps th
Decision to restart production here at the fremont facility even came as a surprise to californias gov rnor today newsome was asked by a reporter about what his thoughts were on musk reopening the production of end he said that he was not aware of that situation and that he needed some more details on it. But as weve been here tonight weve seen some settles that have been moving in and out of the facility even some new cars rolling into the lots. Keep an eye on out here Tesla Ceo Elon musk restarts production at the companys fremont factory monday. Its the first move in what has been a verbal fight between the car giant and the Alameda County Health Department mosque announcing the restart on twitter saying i will be on the line with everyone else if anyone is arrested i ask that it only be me i dont want to it on get arrested, i think that would be a horrible. A few and something we dont want to see a levee to county supervisor Scott Haggerty who helped bring tessa to fremont says hes