The index is down 10 from its record highs for the month the dow fell 4. 5 pshs, again, its worst month since march and second down nont a row the stp and nasdaq coming off twostraight losing months as you can see here the moves in october not great hanging into november. But it wasnt all red arrows we have been keeping an eye on small cap stocks they fell 1. 5 on friday, they did end the month higher by 2 for their sixthstraight positive month or sixth positive month out of seven crude under heavy selling pressure u. S. Benchmark currently 35 per barrel, 2 of the downside here for wti crude. Remember, lockdowns across europe are beginning to go into effect and thats sparking demand fears much more on that coming up. But first, around the world, a mostly higher session in asia over night on china manufacturing data hang seng in hong kong up 1. 5 europe is getting their day started. Were seeing positivity in the european markets ftse 100 up. Sticking with europe any developing story thi
The nasdaq by 173. There are reports of a new vaccine in the works word of anything setting back the virus is great news. Over the long weekend, people were out summer is around the corner. People are starting to feel that and that is showing up in the market again some big gains the last week of may treasury gains pushing up. 10year up 0. 7 . Right now sitting at 0. 695 . The big news is whats coming from that Biotech Company weve been talking more about. Absolutely. Hope everybody had a great weekend. U. S. Biotech company novavax said it started the first human study. The initial results they are saying in july the marylandbased firm saying upon completion of phase one, phase two will be conducted in several countries include ug the United States. That stock up more than 20 premarket but really giving rise to markets across the board as well as to what becky was saying all of the folk fols out and ab this weekend giving some optimism at least for a period well see. Maybe there is so
And his hope to send satellites to space from anywhere in the world. He gets a little support from another billionaire. You are watching Worldwide Exchange here on cnbc good morning, good afternoon, good evening from wherever you may be watching. Starting a tradeling week on a tuesday. It is a busy day this will be a big story your mystery stock right now up 20 premarket. A marylandbased biotech company. Nod moderna. Announcing they are already beginning work on trials for a possible vaccine well give you the name and news in one moment. Let us start now on a macro level. There is a lot of green on the screen state side on this tuesday. Dow futures, do you have your coffee yet 530 points thats right the dow already has some mow penti momentum coming off the swing on april 9. Also back to business in lore manhattan on the floor of the Stock Exchange a lot of restrictions but there will be women and men working on the corner of wall and broad this morning also watching oil. It is up more
Hitting issues that matter to the markets and your money and were always trying to make you money here on cnbc. That goes for the next generation of investors as well. Thats why we will reveal the highest paying College Majors on this wednesday july 31st as Worldwide Exchange begins right now. Good morning, good afternoon, good evening and welcome from wherever in the world you may be watching. Welcome to Worldwide Exchange. Im Brian Sullivan we are calling this the stock of the day. It is apple. Results quieting the critics apple stock right now up nearly 4. 5 the headline is this, yes. Iphone sales are slowing but one other part of the business is beginning to shine. What that is and more on apple and the big move in a moment happy fed day. In nine hours the Federal Reserve is expected by pretty much everybody to cut rates for the first time in 11 years that cut will likely be by a quarter percentage point, which would take the official base borrowing rate down to just over 2 ahead o
Shanghai and tokyo were moderately lower the nikkei finished down by almost 0. 9 . The shanghai was down by twothirds of a percentage point. This comes as we were getting manufacturing data out of china showed theyre still contracting. It was better than anticipated the number was 49. 7. That was better than the 49. 6 anticipated. Still below 50 in hong kong, the hang seng was down 1. 3 . Trading was cut short there because of an impending tropical storm. Markets were normally close at 4 00 p. M. Were suspended for the second half of the day this morning there are a mixed picture. The dax is up. The cac is up slightly the ftse is down a bit finally look at whats happening here in the treasury markets the tenyear right now ahead of that fed meeting, 2. 054 lets look at whats happening with gold. That could be a mover after todays fed decision gold is up more than 10 in the last three months. Apple big number of the week and its our top corporate story. Earnings and revenue topped estima