C cut. Iran accuses israel of an air strike on the embassy in syria with several revolutionary guards killed. And xiaomi shares surging in hong kong as the tech giant enters the ev space. With byd sales jumping it over 300,000 in march with expectations for tesla later on today. Start the show with the breaking news with the pmi. Manufacturing activity in the eurozone took a turn for the worse in march with a steeper pace than february. This looks like demand is continuing to fall. This is, of course, according to the pmi data. It did show a bit of an uptick in optimism. In terms of the actual numbers, the final eurozone pmi dipped to 46. 1 in march from februarys 46. 5. That did beat the preliminary estimate of 45. 7. We all know if you watch the show, that the below 50 mark denotes growth is not exact. If we are below 50, we dont have growth. If we are above want to get ba mark. We are seeing comments on that over the last eight months. The Manufacturing Industry is climbing. Nonethe
Tel aviv. Despite the massive runup in yields, why one huge part of the investment is sitting ontown sidelines. Well tell you why that could be changing. Its wednesday, october 11th, 2023, and youre watching Worldwide Exchange right here on cnbc. Good morning. Im frank holland. Lets take a look at stock futures. It looks like the dow would open up about 50 points higher. The s p and nasdaq solidly in the green. This follows a mostly higher session for stocksy ed that saw the russell 2000 post its fifth positive session in a row. Thats the first time it did that since july. You can see right here up almost 1 year to date. But important to note, theyre also belo e their 250day moving average. Were checking the bond market with the 10year coming off its lowest close since september. 4. 56. This is well below its yearhigh that it reached earlier this month. Important to note the 30year bond, a big indicator on Inflation Expectations and also Investor Confidence well off of its highs. It hi
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