Ryan Sitton News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Ryan sitton. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Ryan Sitton Today - Breaking & Trending Today
Texas and louisiana preparing for laura to makela landfall asa possible cat 3 hurricane and facing new head winds of a pandemic and the end of an era. They start the end of a new slogan as Everybody Needs to keep their hands out of their mouth. This is Worldwide Exchange on cnbc good morning good afternoon good evening im Brian Sullivan thank you for joining us on a busy tuesday we have to start with the markets and your money despite whatever news there is out there, the money flowing into stocks just does not stop futures higher, maybe on possible headlines of u. S. china trade talk front all of this coming after yet another record setting rally s p 500 closing above 34 time higher and nasdaq hitting 37 records for 2020 the dow, now less than 1 away from break even on the year. Could get there today with the way t ....
Territory. We will see how long that lasts. A strengthening dollar today and treasuries at around 63 basis points for the 10 year yield. European markets are returning today. The ftse 100 was the only one open on may 1. The rest were closed. We went lower the first thing this morning. The ftse opened and was trading higher, but all of the others lower. Out of the gate as you say, we got a stronger teller today. A big move coming out of the ecb tomorrow sorry, out of the Constitutional Court regarding the ecb. We had some really poor Economic Data out of the manufacturing front in europe as well. The italian 10 year selling off just a touch. Brent crude up by 1. 21 . Climbing init risk europe unbidden mounting economic concerns over u. S. Suggestions that china hid the severity of the covid19 outbreak. A sickly escalating rhetoric, which is being a little bit aggressive t ....
Major peers. Cofounder sewing softbank for reneging on a 3 billion deal. Shery take a look at how markets are trading at the moment. We are seeing upside for u. S. Futures, kind of flat right now, paring back some of those earlier gains that were already adding to the rally we saw late in the session in the u. S. But paring back some of those gains. Kiwi stocks gaining for a second session. Sydney futures higher by. 3 percent. As we head towards the rba Monetary Policy decision, not much change expected there although we are hearing from the treasurer that we could see a deep contraction this quarter. We are seeing crude gaining ground, extending gains above 21 a barrel as we see u. S. Build now slowing. The push to reopen state economies is clouding efforts to predict the official told from the coronavirus p he has ramped up his death production. Coronavirus. He has ramped up his death projections. Greg sullivan joins us now. Pr ....
The s p 500 are lower. Wti trading at 5. 31. We have a lot to discuss about the oil markets. The 40s and staying there. The dollar index inching ever higher. Sticking with the oil markets, we had that etf halted earlier today, as it was tapped out. Lets take a deeper dive in the oil market with taylor riggs. Taylor as you mentioned, a risk off tone across the board even as we look across asset. High yield of debt is down, so is copper. 10 year yields down to 56 basis points or so. The lowest yields going back to march. The dollar is stronger, treasuries are stronger. Dollar is ruling in this time of stress. Something else going on in the oil markets, on the uso etf, it was briefly halted for volatility trading. It is now reopened but we are still down. It does reflect the changes we have seen in the wti contract. It has been plummeting along with the price of oil. If you look at the chart im showing in my terminal, something wonky is going on in the etf market, given there is such a ru ....
The charts are thrown haywire by the fact to close negative yesterday. Trading about 5 today june is at 12. July below 21. All sunk considerably just this week lets get more on the interplay of oil, stocks and the earnings. Gets get 0 ever to bob pisani for that this hour hi, bob. Well, you know, that collapse in oil is weighing on things but not quite as much as you might think. It is a little bit more of a general risk off day in terms of coronavirus. Lets show you what the sectors are doing right now. Sitting near the lows for the day essentially. S p 500 down between 70, 80 points throughout the day here senior citiz sectors, technology and financial stocks that are down, thats going to drag Everything Else down. Industrials not doing so well. Energy is down but not muches the rest of the over sectors and thats interesting to see there. Momentum stocks, stocks done well recently, theyre kind of weak today and advance micro ha ....