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Transcripts For CNBC Worldwide Exchange 20240713

Flights across the country from body butter to hand sant tieser fighting the medical supply shortage good morning and welcome im Courtney Reagan from nasdaq ma market site. Kicking off with breaking news as stocks are set to surge at the open this does come after the Federal Reserve developed new tools to help stave off an almost certain u. S. Recession dow indicated higher by 865 points, s p by 99 and nasdaq by 320. The virtual qe program, the fed buying more Mortgage Backed securities but say can it with purchase Corporate Bond and Corporate Bond etfs that track the corporate debt market that means buying etfs like the iboxx or van guard the i shares lqe is marginal higher but the vanguard is down. Yesterday, ultimately another rocky day with the dow closing at its lowest level since november 9, 2016 it remains on pace for its worst month since 1931 green arrows across the screen in asia overnight. We have global Team Coverage matt taylor is in singapore, karen tso is in london thank

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