It seems investors once again looking past the difficult months that may be ahead. Pricing forwards month statements are nine months ahead hoping we get past the virus. There could be difficult time ahead but this week you will not know it. David i should say. Thank you to Abigail Doolittle for that report on the markets. Overnight we were reminded of the complexities of the u. S. China relationship as a Foreign Ministry spokesman congratulated Vice President biden even as the trumpet ministration was bidding u. S. Investments in unspecified Chinese Company they say is tied to the chinese army. Richard haass published a Foreign Affairs piece called repairing the world in which he lays out the issues that will be in President Bidens inbox the day he walks into the oval office. Welcome. Great to have you with us. China is in the inbox but is not the first thing. The first thing is covid19. Richard i agree. China is in the inbox and will be for president as for the eye can see your the br
And lockdown and new details to halt the ipo by the ant group and what stocks are seeing big time buying by their insiders well bring them to you, one big biotech you need to hear about it is friday the 13th, but nothing to be afraid of. This is Worldwide Exchange right here on cnbc i dont care if monday is blue, tuesday is great and wednesday too, thursday i dont care about happy friday and welcome from wherever in the world you may be watching. Im broo im Brian Sullivan thanks for joining us. Here is how your money and markets look right now stock futures are once again in the green across the board dow futures up 224, nasdaq up 105. The indexes did fall a bit yesterday, but all on pace for a very solid week and month. The russell 2000 up a stunning 11 . So far november, you dow up 10 and even the nasdaq that has been hit a bit hard is actually up 7 this month coming into this morning the real star though continues to be bitcoin. It is above 16,000 now and up as much as 20 just in th
Financials all higher by 2 or there abouts shares of Sonic Automotive up 200 from the march low as the demand for used cars skyrocket during the pandemic. The ceo david smith will join us well welcome him as power lunch begins right now thanks the stocks are still on track for a week in the red bob was more on the moves for us we were moving down quickly at the open. We turned around at 10 00. Thats when we got the headline that the regulators were easing part of the rule we had word that texas was pausing the roping plans we drifted lower again thats what i mean about dualing headlines that we have been seeing its been drifting lower they are delaying the california theme park they have been on a down trend for a while. Nice to see Energy Bounce back we had a bad day yesterday on energy as oil dropped about 5 they are all bouncing back today. Thats helpful all five of the big names advancing, theyll be up on the day. Back to you. Lets go to the bond market where yields are lower rick
As more nations and states move toward reopening, we ask what needs to be done to make it safe. We hear from Johns Hopkins university. We hear from Johns Hopkins university. Lets take a look at how we are setting up in these markets. We had mixed messages from wall street overnight as investors try to make their way through the global reopening. Asianlook at how the session is shaping up. The globaler we saw cell overnight, there could be little and the way of conviction for asian markets this morning. Futures fluctuating in the asian session. Off by slightly here. We have kiwi stocks getting grounds by. 2 . K futures in Chicago Holding on to three day ahead of a heavy earnings day in japan that will include names like toyota and honda due out later this afternoon. Today we are washing for the topics potentially push into a bull market with optimism for parts of the economy restarting. We could see wider headwinds weigh on the asia session. Checking in on what is going on with bonds, a
State of austria it is thursday, march 5, 2020. Worldwide exchange begins right now. Welcome to the show,we are kicking off this thursday morning with wall street waiting for another wild day on track since 2011 there have been four swings in the dow you can see those two splochs represent the single point gain adding some 190 points alone futures are telling a different story this morning. The s p down by 65 the nasdaq down by almost 100 at this stage in the bond market, the 10year is back above this we are right around the 1 mark. The twoyear note yields 30year long bonds there early trade in europe now. We are seeing red across the screen the dax off 1 ftse 100 off by 1. 3 denmark and turkey, the only markets showing signs of life in trade. Overnight sessions in asia will swing that way the shanghai composite up 2 . Well go to matt for more on asian trade. Asian markets mostly ending in positive territory after that big snap for us, one patch of red hear the china markets and hong k