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
With all the controversial quarterback Colin Kaepernick holds a try out session in front of team scouts but only after a last minute change of venue that and more coming up this news hour. Police in hong kong are on the brink of trying to break up a standoff with protesters that is getting more dangerous by the hour demonstrators have barricaded themselves inside a University Campus from their arrows and hold petrol bombs police have fired back with tear gas and water cannon now they warning theyre ready to make the next move and urging people to get out of the area for their own safety and were going to go live to rob mcbride in hong kong in just a moment 1st he has his report. Another sunday afternoon another home cold streak turned into a battleground. At the end of a week that seen a marked escalation in the level of violence between protesters and Police Students took over several College Campuses. Polytechnic university is the last under their control and they seem determined to
Stocks surging yesterday trump saying the two will meet in china discord in the ranks as pricing pressures mount opec pushing off next weeks planned meeting in vienna. We will tell you when they will finally have a meeting and maybe have to confront iran. Its wednesday, june 19th. Worldwide exchange begins right now. All right. See what they did there. A lot of news out of asia, you got the band good morning, good afternoon, good evening wherever you are. Im Brian Sullivan we have a huge wednesday hour for you including our exclusive sit down with that man, the founder of huawei. Well get to thatin a moment first well start with the markets. The u. S. Major averages are points away from hitting fresh alltime highs following 1 gains or more across the board yesterday. All the major averages, the dow, the nasdaq, more than 20 up from their december lows right now futures are fairly muted. Well call them flat bonds have been a billion dollar story as well. Probably more of a trillion doll
Did quite well. About weve been talking the investors worrying the last few days with yields continuing to march higher in anticipation of higher interest rates, itever the month of january, looked like a pretty good month for the bulls. I want to bring in this chart, as we round out the month. You can see s p stocks the best performance since march of 2016. President trump will take a look at take credit for this. The market is still doing well. If you look at that chart, investors are optimistic about prospects and we might be hitting an inflection point. Markets are rebalancing as well, and what we saw with the bond market overnight was significant of 10 year treasury yield spiking to 2. 97 . That is the line in the sand and it is a worry for many equity bulls out there. Mentioned,vonne just the 30 year yield breaking through a significant level, that 3 yield. And it seemsh us, like Equity Investors are paying attention to the bond market. That level reached and getting to that site
Also good news on the cholesterolfighting front. And has the perct car been finally created . All of those things and lots, lots more today. Tyler is out today once again but Kayla Tausche joins me live at the nyse with bob pisani. Hi there, kayla. Hey, mandy, great to be here. We are watching the markets in rally mode. Mandy ran through just how historic the gains were seeing are. Put this in perspective. Just the fact that the dow has risen, what, 1,000 points in two days . 1,000 points in a day and a half. The s p is 100 points. Youre seeing some numbers youre not going to likely see very, very often. I havent seen them. Ive been here a long time. Look at the s p 500 melting up here chasing stocks here. Weve got to get them because theyre running away from us. Thats what it looks like. Its been a long week. But let me show you the markets today. Were getting strange numbers again. Heavy volume but not as heavy as the last few days. The volatilitys been dropping. Look at this breadth