Well find out why and consider your free trial expired. At netflix rolls out a new membership playbook on this wednesday, october 14th. And this is Worldwide Exchange. Just remember it is not the eagles, it is just eagles. Random but interesting good morning and welcome from wherever in the world you may be watching good to be back with you on this wednesday morning. Here is your wednesday set up futures are up higher. The big options represented stock moves the sgam ma, a pret october. Russell 2000 up nearly 9 , the nasdaq up nearly 6 . And your headlines will be a bonanza of Bank Earnings bank of america, wells fargo, pnc and u. S. Bancorp all out today. But these stocks largely cannot get out of their own way and bank stocks again getting it on yesterday many falling more. And outside of that, here is a little wednesday mystery chart for you. Can you name the best performing s p 500 stock this month can you . Well, the answer is coming up a bit later on in the show sorry, it is calm
Government the talks right now on ice and well hear what leadership from both sides of the aisle is saying without that stimulus money, major cities in the United States are kind of stuck between a rock and a hard place and a new report lays out how bad things could get power lunch starts right now it does welcome the power lunch. Tech continues power ahead with the nasdaq leading the way near its record high which it hit on august 7th one tech stock not joining the party. That would be cisco having its worst day since 2011 even though the s p isnt there yet, its pretty close but not there yet. Check out the names hitting record highs tyler, back to you the stimulus stalemate in washington continues today threatening to further delay payments to struggling americans and failing to provide much of a boost to the u. S. Economy. Lots of big names on cnbc talking about the issue today. Lets go to eamon for more. Reporter its a total stand still. While theres not a lot of real negotiations
A day. Yesterday that was a big head wind as the market did get up the s p just to the cusp of those old highs. We did it without the help of technology, of the big Growth Stocks everyone is talking about this rotation the nasdaq has had yet another of its fairly routine pullbacks so far it has bounced to maintain this up trend today yes, tesla helping it, but really it is the old favorites as well, just picking up the slack and the s p is right back to yesterdays afternoon highs before we had that shake out going into the close. Julia, david faber mentioning last hour the passing of Sumner Redstone, a legend in the content world. Coin that phrase content is king. Has a bit of feeling the end of an era, of course, he lived well into his 90s but what are your thoughts on what a figure like Sumner Redstone meant in his prime and who is defining this era right now. Well, certainly, jon. He was the ultimate media mobile of that raera. He was responsible for the consolidation of so much con
Security department, i call myself one of its grandmothers and one of his grandfathers, im not sure is on this call with me and the rest of you children are the successors and its really wonderful today that we are having, i guess hes by phone, weve had a lot of zoom issues, phone conversation with the panel organized by the Wilson Center very own meg king who has our technology and Innovation Program and a number of the rest of you on this phone. The topic is what is critical, involving the security playbook for managing ten and everything in between, while its not as much fun to see you all in some of the online its not as much fun to see you in person and if anyone can make a conversation interesting, interscience technology and information program. Today as i said were joined by the nations chief risk officer, director of the department of Homeland Security cybersecurity and infrastructure, securing agency, leave it to congress to include security twice in your title, chris will ta
Be risk on. The cash trade, less than an hour away. Here are your headlines. Big attack its even bigger. Alphabetacebook, and tune to techsumers to solve the problems of a global lockdown. The French Economy shrinks 13. 8 or after an increase in jobless claims shows the recovery is in shaky ground. Ibar, bnp arab are par beats all but one of the big wall street banks. Just an hour from cash trading. Lets look at futures. Futures futures, u. K. Are down but only slight moves. Nothing material. Nothing to show us what kind of direction we can expect. Futures right ww, if you take a look at the eif screen, also slightly mixed this morning. Of working slew earnings news. I will kick it off right now with natwest. Impairment charge of 3. 54. 5 billion pounds. Expecting less than one billion. In the Second Quarter, more than doubled the impairment charge for the full year. The company expecting at least possibly up to 4. 5 billion. The operating lost was 770 million pounds. Have iag asyou we