The latest edition and fans from the 70s will be happy. And a big day for the banks and what we have called the most important stock on the market today. This is Worldwide Exchange on cnbc good morning, good afternoon, goodevening. Im Brian Sullivan thank you for starting or ending your tuesday with us the Global Markets are setting up their day, futures are higher not a lot but they are up. Any green is a good sign for investors. Especially the speed and severity of the move down the markets around 2 00 p. M. Yesterday. Around 500 points were erased. The tech led the flip flop nasdaq ending lower after crossing up for the first time amazon, facebook, adobe, nvidia, et cetera. Most are higher right now premarkets. That reversal likely caused by news by california late in the day that it will roll back part of reopening imposing restrictions on restaurants, movie theaters and bars and students in los angeles and San Diego County School Districts are unlikely to return to physical classr
For boeing from one Major Airlines ceo. His comments coming up in a cnbc exclusive. Later on, the stock that could replace tesla in the magnificent seven and why today may be the opportunity to get in at a discount price. It is friday, march 15th, 2024. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Thank you for being with us on this friday morning. Lets kickoff the hour with the check of the u. S. Equity futures after the first down day for the dow on the last four on the back of the ppi. The dow implied higher by four points. S p by three points. The nasdaq down by eight. Very, very steady for the time being. Heading into the final trading day of the week, the major averages are holding on to thinner gains. 50 gain for the dow. S p is in a similar move and the slight discounted gain for the nasdaq. You have to not so far for the nasdaq 100 overall on pace for the first backtoback weekly loss since october. Checking on bond market yield
Because as we kick off the final hour of trade on this mongsd the markets which had been done earlier are starting to go into the plus side here. Dow still down 25 points, s p, though, now up 8 and weve got the nasdaq punching higher by 3 points. So what may be causing this weve got to tack you straight to actually the top of the dow heat map to zero in on intel right there at the very top here. The Semiconductor Company is the leader here gaining 5 and a half on little to no news news simply is the extension of the a. I. Driven rally which looks like a gigantic pulling magnet from thats a record. To taiwan semi, that hitting a record. To and micron and broad dlption and klac, arm is not Holding Record here but other two are but this is a very big movement here on very little news speaking of records after clocking its 15th record gain of the year so far. Any gain for the s p will add another record high right . But at the moment we are up just a fraction or 8 points, earlier it touche
Youre having a good morning, it is friday, march 1, 7 am, donald trump slamming President Bidens border crisis as the two leaders made dueling visits to different areas in texas. Allowing thousands and thousands of people to come and from china, iran, yemen, the congo, syria and a lot of other nations, many nations are not very friendly to us, transported the entire columns of fighting age men in the United States is being overrun by the biden migrant crime, a new form of vicious violation to our country. Migrant crime. Emptying out because they are dumping them into the United States and these guys try to make like wonderful, they dont have a clue. I think they are looking for votes, looking for something. Maria President Biden was in brownsville, texas, urging republicans to back the Controversial Senate border bill while taking the opportunity to push the climate agenda as wildfires scorch the state. President biden the bipartisan security deal is a win for the American People, and
Highs right now seeing the dow up fractionally. The s p up almost half a percent. The nasdaq even better than that. Not shown the small caps, doing better than all three. I really think thats where we have to begin. Not the small caps, steve weiss. Are you going to stick with mega cap tech, keep this train rolling, or is now the time to take profits and broaden out the thesis . I did shave a little bit of meta, but, you know, i dont look at it that way. I look at whats reliable, whats predictable cash flow, assuming they have it. And what am i happy in owning. I will leave dell for later. Its not normal to have the market go up every day on a relatively narrow move. There are other things working. Ill leave jim to talk about those can i push back . Are there other things working . Hold on, i will show a graphic. We have a great data team at cnc cnbc. The s p gains, 57 coming from the fantastic four. 32 coming from nvidia alone. So, yes, some other things may be working, but the majorit