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After President Trump hinted at even more trouble with china two steps forward, one step back when it comes to talks of the next round of virus stimulus House Speaker pelosi told us it is thursday, july 23. This is Worldwide Exchange here on cnbc good morning. Welcome to wherever in the world you may be watching. Im Brian Sullivan another day, more records . Could be futures are higher up about 80 points nasdaq futures are up just about 1 all this after the dow closed above 27,000 capping off a threeweek win streak as it stands right now very early or Late Wednesday morning, the dow and s p 500 are on track for fourweek win streaks. If we get that, that would be the longest weekly win streak for the dow sin ....
Looking to go public but dont expect profits any time soon lets forget the trade war, shall we were going to tell you about it without trying to ruffle any feathers Worldwide Exchange starts now. Your radio may be on. Maybe youre driving to work welcome for wherefo ever in the world youre watching. Futures right now are not giving us a lot of indication about which way this market is going to go in what has been a very volatile month for stocks. We are down exactly 0. 9 right now but not to take anything away from this fine program, well see if that turns around yesterday another rough day for stocks the dow falling 155 points right now. 0. 4 and yes stocks getting the attention they deserve but bonds continue to be the bigger story. Really the big money story the benchmark ten year note yielding 1. 47 which is below this which means we continue our inversion. The difference between the twos and the tens by the way, now the la ....
In the meantime, lets talk about the price of bitcoin. It has been volatile. Shot up yesterday in a big way and pulled back after blackrock denied the report, becky. Coin telegraph saying u. S. Regulators approved the application for the spot etf. Everybody cheered and went crazy. Coin telegraph later retracted the story and conducting an internal investigation into the inaccurate report. Blackrock reported the application is still under review. Crypto markets have been waiting news for spot coin etfs which are expected to drive investment in the sector if approved. If because we still dont know. Just because blackrock and fidelity are asking for it, doesnt mean the s. E. C. Has to give it. Do i think there is momentum . Sure. It doesnt lead to the situation. The company that put out the story is now conducting an internal investigation which makes you wonder if they suspect somebody was doing this and making trades based on the story. It wasnt how it happened. Was somebody feeding the ....
And hack tack profits hit . And then looking at the hand that feeds it. We will look at that one. It is friday, october 6th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Im frank holland. Lets start your friday with the check on the u. S. Stock futures after modest losses yesterday. Take a look. We are mixed right now. We are seeing the s p and the dow fractionally lower. Nasdaq higher. We alsoways say it is early. A mixed bag with the s p on track for the fifth straight week of losses. And we look at the yields with the 2year treasury still above 5 . You have to look at the 30year treasury which is creeping up back toward the 5 yield. Remember, this is an important indicator for Inflation Expectations and investor confidence. All of this is the lead ....
1800743cnbc or tweet me jimcramer. Sometimes this market can be incredibly difficult to navigate, because the crosscurrents are so powerful and so crushing. Today, for example, the averages got slammed by a wholesale collapse in the commodity complex, especially oil. But then the republicans passed their Obamacare Repeal bill in the house of representatives in the afternoon and we rebounded. The doubt ultimately sinking six points, s p advancing 0. 06 , nasdaq edging up 0. 05 . It was like there was no session at all. Whatever your opinion of the health care bill, wall street likes it. Because it contains tax cuts and demonstrates that Speaker Paul Ryan can actually do his job. You might have expected the market would roar on the news. Nope. The broader economic backdrop is just too grim right now. With the fed set to keep raising interest rates, right when business seem ....