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Candidate. It is september 9. This is Worldwide Exchange here on cnbc announcer this is cnbc breaking news market selloff. Good morning. Good afternoon good evening thank you for joining us on an important morning. We are glad you are kicking it off with us. Futures this morning are higher. The dow is up 142. It is early. Nasdaq futures, they have been the one to watch they are up right now 170 points more than the dow. The markets taking another big hit yesterday. This is the continued selling we had from last week it appeared to be ramping up to begin our week here. Not just with Technology Names the dow falling 630 points yesterday, s p 500 closing down 100 points to end the worst and first threesession losing streak since june. Big tech taking the brunt of the impact notable declines apple down nearly 8 or 7 microsoft shedding 11. 5 a share, also on the rebound this ....
With civil Rights Groups today to address the growing boycott the organizers of stop hate for profit calling the meeting a disappointment saying that Mark Zuckerberg and Cheryl Sandberg are not ready to address the hate on that platform and did not respond to demands of dozens of its largest advertisers the ncaa color of change, Antidefamation League and free press saying Mark Zuckerberg did not offer any tangible plans on how facebook will address the rampant discrimination and violent conspiracies on their platform the meeting that we just left was a disappointment facebook has had our demands in multiple ways and they showed up to the meeting expect an a for atte attending. Attending alone is not en ....
Than 200 people in antigovernment protest it is the 1st time such demonstrations have been sued since it broke ours out of print. And on long with attendant east africa travels a plague of locusts the insects are devastating crops across the region experts warn this 2nd wave of the deer poses an unprecedented threat to Food Security. Im serious almost kind of thank you for joining us across Europe Countries have begun easing their coronavirus restrictions even as fears remain of a possible 2nd wave off infections that were bringing you updates from germany the u. K. And france where people are now allowed to leave their homes without a permit and many shops and businesses have reopened france currently has the worlds 5th highest death toll from co. At 19 with more than 26000 fatalities. The streets of paris looking more like their bustling selves on monday morning after 8 we ....
Diary. And welcoming us into the. Let us get as up close and personal as the pandemic will allow. The diaries starts minute d. W. All eyes on europe and the u. S. As their economies begin reopening in parts so can businesses find their footing or will a 2nd wave of infections push them back to the brink. Also coming up saudi arabia announces further cuts in Oil Production and further measures to help its Oil Dependent economy. And well look at how the pandemic is threatening medicine shortage just at a pharmacy near you. This is your Business Report im Stephen Beardsley its good to have you with us wall street wavered monday as more economies began reopening at risk of new infections the dow index. Much of the session down before recovering some of its losses in ....
Zero, in an attempt to save the u. S. Economy from coronavirus fallout. But the markets are not impressed. Yields fall off a cliff and futures trade limit down. An historic slump in east asia. The Economic Impact of the virus is laid bare by the latest data from china. Retail sales, fixed investment, and industrial al output all plunge. And europe widens its lockdown. Cases across the continent surge as the government shuts down the borders in europe. One aviation consultant says the new no travel norm threatens to bankrupt most airlines by may. We are getting headlines out now from Fiat Chrysler, saying it is going to halt its facility, shut down factories in syria, italy, and poland. They said those factories will probably close this month. We already had headlines from ferrari saying they would shut down production. And maseratiysler, will suspend all production in europe. ....