Essentially all groups i dont know if Charles Payne is still with us but we are looking at the coronavirus fear factor. 40000 in a single day. If you look at this, about 10 at this moment, this is the fear indicator where we are very nervous, you see stocks generate at the moment. Lets keep it on the level here, texas and florida either shutting down bars or banning alcohol to be served at bars and what is that doing . Its a little bit of fear here. The dow is suffering in outsized way as far as percentages, trump industrial 60 points, two and a half . S p down 64. Look at the nasdaq. It seemed unstoppable two days ago, loss of 237 so weve looked at a significant 200point swing here. Covid19 cases in california cost 200,000 mark. Let throw hollywood come back off the tracks . Coming up, the scenes with movie funding as box office delays pile up and theres now a new date for the pushed out for chris nolans much awaited tenant. Do fears mean the food and trade deals are back . Public mar
737 max reportedly set to return to the skies it is monday, june 29th, this is Worldwide Exchange right here on cnbc well, good monday morning, good afternoon, or good evening. Welcome from where ever in the world you may be watching us thanks for starting on cnbc. Lets get to the money on your markets and futures. Theyre upcoming off a fridays hair cut dow futures implied up 135 points the dow falling more than 700 points on friday dow and s p 500 look on track to snap two month win streaks although we could turn it around tech also taking a beating on friday but its still been a great run so far this quarter. The big 5 fang stocks up an average of 29 since april 1st all of this ahead of a shortened trading week the markets are closed on friday for an early start to the july 4th holiday. Hard to believe that were already approaching july 4th anyway, treasury secretary and fed chair jay powell are set to testify on capitol hill tomorrow with the minutes of the latest Federal Reserve me
Are still 34 up from the lows we saw three months ago. Remember nasdaq closed at record high above 10,000. That milestone just yesterday. Fox Business Team coverage, blake burman with the latest from the president. Well kick it off with Lauren Simonetti on todays selloff. Lauren . Lauren melissa it spared almost no one today. Investors are still reacting to the federal reserves cautionary tone about the recovery yesterday, along with the cautionary tone from the pandemic itself as more states report more coronavirus cases. That is raising fears of that second wave of infections as the economy struggles to recover. Another 1 1 2 million americans filed for Unemployment Benefits last week. Number have fueled, received aid for two weeks stands at 21 million. Stocks that have outperformed as the country reopens are the ones getting hurt the most today, like travel shares. Look at some travel names. Many of them have doubled sentence their lows in midmarch. So they still have more selling p
List. Santa clara county is now among those on that list kron fours gayle ong live tonight in morgan hill with those details i completely blind side for those folks. Jonathan im here at let daragh rail and downtown morgan hill, one of the restaurants, i got a visit from alcohol beverage agents. A spokesperson from abc says theyre just following the governors orders home. It was in the middle of the dinner rush friday night when 2 abc agents made a visit to le dara grill in downtown morgan hill. Advise not to reopen on july 4th. Chris tovey knee was the manager on duty, their messages. Was that Gavin Newsome had instructed them that they give out fines for people who are dining outside or inside other businesses received this letter from the department of alcohol Beverage Control stating businesses should cease specified operations. City leaders say they had little warning, its customary of any outside policing agency when they go into a jurisdiction to notify that jurisdiction. So our
Today in the bay continues or, actually, starts right now. We go for so long sometimes i think we just continue. Thanks so much for joining us on this wednesday morning, im marcus washington. Mike is keeping an eye on the traffic for us this morning. But, kari, i was thinking maybe short sleeved suits could be a trend. It would be perfect for today. Just take off the jacket. Its going to be hot today. Were going to have hot weather as you head out. We have a mild start as we get a live look outside in dublin. The inland spots heating up quickly. Were in the upper 50s this morning reaching already the low 80s at noon and eventually well reach into the upper 90s in a few spots. But mostly some low to mid90s for much of the inner bay. The south bay as well as the north bay. Were going to talk more about this as we get a weekend cooldown. Mike, youve been watching the roads. Any issues for driving heading out . I had no issues but something popped up. Green all over the bay as we expect. T