Guy the university of michigan giving indicators of consumer confidence, pretty much in line with that except for the Current Conditions number, which looks a little light. It is up in terms of where we would expected to be normally, but nevertheless, you have an 82 print there but and citation of 85. 84 last time. At headline number coming in 72. 5, little lighter than the 72. 9. To 10ion 2. 6 five years years out. Basically everything in linux of the current number. Alix we are a little worried about what is going on. Underwaye call is right now, started at 10 00 a. M. They are reporting some good news in guyana. It has been a huge boon for hess is hard tobut it emphasize how bad this quarter was four at chevron and exxon, particularly with exxon not writing down any assets. Joining us is mark stoeckle, adams funds ceo and senior portfolio manager. It is always good to see you. I want to start on tech. Numbers were amazing. Companies made made billions of dollars. On the flipside, pe
What happens in vegas will happen in vegas. Casinos reopen doors for the First Time Since the march lockdowns began. Get the dice ready it is thursday, june 4 you are watching cnbc. Good morning good afternoon, good evening wherever you may be watching thank you for joining us on a thursday morning the major averages trading at the highest level since early march. Gaining some averages. The dow trying for a four session win streak futures now a little lower 114 points off time to turn it around this has been one of, if not the most remarkable come backs in the history of the american stock market the s p 500 is up 21 this quarter. We still have a few weeks to go in the quarter the nasdaq 100 just. 75 of 1 of a new record closing high. Doesnt look like it right now could happen today the markets pricing again a fast recovery off the pandemic than pretty much anybody would have thought possible one month ago around the world is not just here mostly green arrows in asia and Companies Like
Business owners are already facing after months of lockdown and ceo response social issues facing Corporate America and the companies to do the right thing. It is tuesday, june 2. We are watching Worldwide Exchange. You are watching here on cnbc. Good morning, good afternoon, good evening from wherever in the world you may be watching. Im Brian Sullivan thank you for joining us wherever you may be. We hope you are all healthy and safe optimism from the markets looking ahead. Thats what the stock market appears to be telling us some investors clearly believe in 9, 10, 12 months, the economy will look very different than it does now with 40 million out of work and many states in various lockdown stock futures right now are higher indicating an open of 100points to the upside. Indicating at the highest level. About 3 to the nasdaq 100 hard to believe. They all rose overnight as well. A similar story. The markets are higher despite the protests that began here and now happening in various
Thank you very much. Multiple potentially marketmoving plates are spinning in the air as we kick can off the final hour of trade. Weve got stocks in the red on this day after the Federal Reserve left current Interest Rates on pause but hinted one more rate hike is coming by year end. Weve got the dow down 232 points, s p losing 55. And youre looking at a live picture of the south lawn of the white house where any moment President Biden will greet ukrainian leader zelenskyy, Volodymyr Zelenskyy, before their bilateral meeting this afternoon. It comes after House Republicans again torpedoed their own procedural vote this morning that would have allowed debate on a defense spending bill. General dynamics actually hit a 1year low earlier today. Youve got that in the red, lockheed martin, rtx which used to be raytheon. The funding deadline is just 8 days away, and clashes over military aid for ukraine are part of the holdup. But Charlie Gasparino learned last night wall street is ready to s
Carl king and jim cramer. State police is coming up. The first close above 2400 looking to add to it today. Busy morning with retail mornings, 13 s filings. Reports that the president disclosed classified information. Europe is mixed. U. K. Inflation the highest since 2013. Back home Housing Starts down unexpectedly for the second straight month. The ten year around 234. Home depot taking the street and gaining ground. The retail names taking a beating today. Did President Trump reveal classified information to the russians in the oval office . The white house is denying the story but the president s tweets this morning seem contradrikt t contradictory. How will the markets react. Instagram announcing new reactions like face filters that seem like snap chat. Its coming off an 8 gain as it climbs back from the earnings plunge. First up, talk some home depot. A bright spot on the retails earning front. Depot beats the street with earnings results. U. S. Comps up better than expected help