Are watching this morning, snow already falling in parts of carolinas and georgia, up to 6inches could blanket southern part of virginia region and eastern North Carolina, drivers are being warned about extremely dangerous Road Conditions this morning. Onto coronavirus this morning, the number of cases appear to be falling as death toll is now topping 2,020, 2200. The passengers quarantine have tested positive for coronavirus. New infections in china have fallen this week but new cases are being counted and they have a new way of counting the cases, the virus claiming 2,248 lives with at least 76,000 individual cases confirmed across the world. 27 countries affected by the deadly path of coronavirus. 11 americans meanwhile cruise ship tested positive, i will be speaking with two passengers, one of whom is infected. Maria roger stone learns fate, roger stone sentenced to 40 months, far less than 9 months originally sought, career prosecutors, the attorney general and the president. And
And banks push back on the fed which appears to now be on board. Forget the weight loss wars, the big drug that Johnson Johnson is betting on. Its monday, may 20th, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you for being with us. It is great to be right back here at cnbc hq. Great time in london. Weill b well bring you more insights from that trip. Hell talk about that later. Well start off with the check of the futures with the dow set to open above 40,000 for the first time ever. The major indices all in the green right now. The dow looks like it would open up a few points higher. That pushes us into the 40,000 territory. The nasdaq moving the highest. With the averaging os riding the win streak, Goldman Sachs is up right now. We are looking at Applied Materials annnd walmart and Tractor Supply as well. We are checking the bond market with the week of economic reports and durable goods and home sales. The benchma
Movement in gaza, hamas has left the hostage talks, Benjamin Netanyahu has told the people in rafah to evacuate the destruction of hamas is about to begin. So far no negative reaction on the market, the dow coming off a big gain on friday, up again this monday morning looking for a gain of 150 modest uptick for the s p and the nasdaq. Interest rates at low levels the tenyear way below for an half percent, 447, the twoyear way below 5 you are now at 479. Bitcoin up to 6,465,000, 635 at the moment, gold is moving up not that much 23, 33 not close to the record high but up 24, no change for gas, 3. 65 in diesel down one set 3. 97. Politics another positive crowd for trump at the miami grand prix over the weekend there is a pattern trump get a break from court wows crowds from new york to florida and biden stays home. Biden is in trouble on the issues and abc poll puts trump 14point had on the economy and inflation, antiisrael protests continue Graduation Ceremony is disrupted columbia jus
And welcome to power lunch. Stocks are cutting their earlier losses the dow was down triple digits, but the s p 500 having its worst day since may 17th tech, materials are leading the declines as you see by nearly three quart oers after percent me slay . Here is what else is happening at this hour Steve Scalise undergoing his third surgery after being shot yesterday. He remains in critical condition. The senate stepping up sanctions against iran and russia. The house needs to vote on it. More and more ceos speaking out, urging President Trump not to reverse u. S. Policy on cuba. The president is set to speak about it tomorrow. More on that story straight ahead. All right, thank you very much, melissa. Lets kick it off with your stock story of the day and that is the all mighty Amazon Company in the headlines again as a report surfaces that amazon might be willing to pay up to 9 billion bucks for the messaging app slack. Now along with much of tech lately, amazon is down today off about
And this is, this is an issue here that, you know, many think that could be done. Lets bring the saudis, lets bring the emirates, lets bring the gulf countries and try to make them sense this common danger with the country, the Regional Power in the region, iran, and hopefully, maybe, israel can manage to convince them to accept, to make peace with them first before they make peace with the palestinians. This has been tried many times before. It did not work. Even if there are certain circles when with want to do that in the region, its not going to happen. Its going to be difficult to justify to arab peoples this all these countries in all these countrieses why their governments are making normalizing peace with israel before the palestinianisraeli conflict is not resolved. Instead of doing that, instead of circumventing the Arab Peace Initiative, lets push the Arab Peace Initiative that will enable israel to have peace not only with 22 arab countries, but with 57 arab and muslim coun