Markets under pressure this morning to the tune of 100, 74 points lower, nasdaq is up 7 points. S p 501 just down a 500 just a point. House democrats passing Police Reform bill but not expected to make it to President Trumps desk. A bill bruised in the senate to allow autonomous zones as the president prepares to sign off on order to protect monuments. Unanimously passing sanctions in country in reaction to restrictions of hong kongs freedoms. 2020 race, new polls show joe biden leading in key battleground states. Mornings with maria is live right now. Maria Global Markets this morning. Cac quarante up 77 and dax index in germany 115 points. European central bank kristin lagard said the worst of the coronavirus is still behind him but concern of a second wave to come potentially. In ash overnight, markets were mixed, markets in china remain close for holiday. Asian economies head to worst quarter since 2008 in the financial crisis. Kospi was up 1 , and japan nikkei average up better th
Out from under it. It is time now for global exchange. We are going to bring you todays market moving news from all around the world. Our bloomberg voices are on the ground with this mornings top stories. We are going to focus heavily on the markets. We begin in the u. S. , where the 10 year yield fell more than 1 this year. Here was more is annmarie hordern. Annmarie we are seeing a massive flight to safety. I can show you some of these numbers. Gold trading just under 1700 an ounce. This is the asset to own and this kind of market. Then you have the swiss franc. Deutsche bank said in the recent note we could see parity. We havent seen that since the s p lifted the cap the snb lifted the cap. B 30 year yield went through 1. 5 . Right now, 1. 39 . Three standard deviations. Thats how much we moved to the downside. We have not seen this since 2011. People on wall street say this might be a recession. Alix thank you very much. All of that leading to massive volatility within the equity m
Shoppers pile in. And with the chinese yuan and how it deepens trade. We will talk about all of it with you. I am still with mike cohost guy johnson. Walmart said that they were going to hold up no matter what they do and they say invest in your face. Skin care is the key. Guy i did hear that. Alix skin care the trade. Guy my skincare is the best future alix invest in your face. Guy and with walmart which is what you were posing a moment ago, walmart is a good dues good news bad news story. It is good news for walmart bad news for everybody else. I think this is a good news is bad news story. It is bad for other retailers and people get sucked into more good it tells you a lot about consumers that are trading down and what is happening with the economy. It is a good news bad news story. Alix and you have a high end and the low end, the will hold up. It looks like the consumer will be binary. Guy the consumer is totally binary. I think that is the story. That is interesting look at the
Maria good friday morning. Thanks very much for joining us i hope you are having a great friday morning it is friday, march 8, 8 00 a. M. On the east coast hot topic of the hour state of the union or Campaign Speech President Biden delivered third state of the union touching taxes crime abortion guns. The stadiuming stadiuming address sounded like a rally democrats interrupted several times to break out in chants of four more years biden tried to convince americans old age isnt a problem 81yearold had 80 exclamation points this his speech almost one for every year he has been alive. I know i may not look like it i have been around a while i have been told i am too old. How old we are, it is how old are ideas. Biden kicked off address talking ukraine january 6 abortion before the economy he bragged about it saying u. S. Economy is the envy of the world also called out snickers without addressing the fact people cant afford to feed families but did have time to talk about raising taxes.
Plus, oil markets squeezed again as russia and saudi arabia send more shockwhataves throughe market and china throwing more stimulus at the private sector to boost the struggling economy in the recovery. It is friday, august 4th, 2023 you are watching Worldwide Exchange here on cnbc good morning welcome to the show. Im dominic chu in for frank holland. Lets kick things off with the u. S. Stock futures after the s p and nasdaq turned in a Third Straight day of losses, futures right now showing a brighter picture, at least for now. S p implied higher by 15 points. Dow jones industrial average implied higher by 55 nasdaq up 83 a tech recovery may be in the works. This is ahead of the july jobs report economists are expecting employers to have added jobs at the slowest pace since december of 2020 at just 209,000 net new jobs for the month checking on the bond market. 10 2year yields yields on each up 5. 5 to 6 this week alone. The 10year treasury is 4. 91 . Slightly lower the 2year treasur