Benefited from the stay at home trend, both popped into the open both have gone lower all day long big swings and stocks are set for the second straight week of losses the s p 500 just fell through the 50 huday moving average. 59 minutes to go on a volatile day, week, and final hour of trade. The s p 500 is flat right now. Fwha but that belies the volatility that youre talking about. We have a big lineup on the show coming up, the ceo of kroger will join us on the back of the companys strong Earnings Report better than expected guidance as well plus, labor secretary Eugene Scalia will be with us to discuss the job situation in the country and the renewed push by some companies to bring workers back to the office and one brookings economist has a bold idea to get america back to work and speed up the recovery pay people to have a covid19 vaccine. But lets get straight to the market another wild session to close out a roller coaster week. Mike santoli is tracking all of the action today
With the reality of inperson classes amid the pandemic. A surprise cfo shakeup is sending one stock at the center of the coronavirus sinking and tesla and when it comes to electric vehicles. Evs. You are watching Worldwide Exchange here on cnbc good morning. Im dominic chu in for Brian Sullivan today stock market indicating modest moves. You have moves with the dow implied higher higher by 26 and by just about five points. This is after the s p 500 after multiple tries and record high since february from that march 23 bottom to yesterday marks the end of the shortest bear market in u. S. History at 148 days. A 35 drop for the s p and 55 rise to those record levels we are right now. The s p not alone. Continuing to outperform coming off its 34th record close of the year just yesterday. In bonds, the 10year currently sits moving a little bit around 6. 5 or 4. 1 as the fed prepares to meet the minutes from the policy position later today. Let us go worldwide. Geoff cutmore with us with th
Now were well off those worst levels as tyler and kelly were discussing financials and industrials are in the green tech though does continue to lag even though it is bouncing back. Sara, were well off the lows but in the red just about. And in the red for the week which breaks the five week win streak plus, turning the page well speak with Mark Thompson whose tenure comes to a close as of tuesday that stock climbed more than 400 under his leadership. And the ceo of Hawaiian Airlines will join us after his company scrapped change fees and hawaii struggles with increasing covid19 cases mike santoli tracking the selloff and the come back in the market josh lipton has details on a volatile day for apple and joining us to break down the moves in technology, dan niles from april hl one capital. Start us off here on the Broader Market and what you think is important. Yeah. Sara, a pretty good little day and a half rinse that we got from the highs on wednesday. Look at the s p 500 in the shap
Cbsn bay area, taking a live look at the city of San Francisco. It is monday. It is another work week. I am i am anne makovec, in for i am len kiese. We are both in red. Lets get right over to mary lee. What is going on . Good morning to you, happy monday to you. We have a new week and were looking at temperatures a little cooler compared to yesterday. We are going to cool down by a few degrees. Lets show you a look over san jose. We are starting off in the 50s and 60s this morning with mostly cloudy skies along the coast and bay. Through the afternoon, we are looking at 92 in concord and then we saw a high of 99, so it is 7 degrees cooler compared to today. Concord is 87 and 74 in oakland and 66 in San Francisco. We will talk about the rest of the week. It will get cooler tomorrow. It is back to school for thousands of students in oakland even though no deal has been reached between teachers and district officials regarding distancelearning. Negotiations are still ongoing. They have b
Good morning, im in today for Brian Sullivan lets start off with our your money and the Global Markets are shaping up on this monday morning. The dow will be higher by around 90 or some points. Gaining some ground in the past few minutes. You can see the s p higher by 4 points and the nasdaq rarely an underperformer now you can see implied open lower by 16 points now this is coming after solid gains for the major indices last week more on that in one moment here. Turning to the bond market as well, the yield on the benchmark ten year Government Note or just around 56 basis points the two year note yield about 13 basis points and the 30 yearlong bond a hair below 1. 24 or 124 basis points taking a quick look at the price of gold as well, remember, hovering around the record highs. That key one to watch, the last trade there, gold futures up about three quarters of 1 lets go worldwide karen is in london in the newsroom what can you tell us about the trading there. Seeing those u. S. Futu