Wechat on sunday. Back to the race for a treatment for covid and a cure, at least a vaccine roche unveils a new Antibody Test and Vice President calls on trump to step down and tech volatility, the s p and the nasdaq aiming for a rebound to end what has been a turbulent week for stocks. So we will start with tiktok and wechat, jim, just listening to you and andrew a moment ago doesnt sound like you see a whole lot of material to salvage this in the next 48 hours. I think that walmart feels like its given everything it can, i think that the people in the private equity have given everything, oracle, difficult to tell whether they think they can do more, but they had really felt that when pretrump it was looking like it was 43 owned by u. S. , 14 by international, chinese own 45 posttrump they are talking about u. S. Owns 53, international owns 11, chinese own 36 i think its the chinese owning 36 is the Sticking Point david, what level do you think the president would allow this deal or
And hollywood welcomes the new billionaire as tyler perry joins that club. It is september 2, 2020. You are wauctching Worldwide Exchange on cnbc. Good morning and welcome. Here is how your money and markets are setting your day up. Opening higher by 212 points, weve seen upside momentum in about a half hour. S p implied higher by 30 points and nasdaq by 156. That bull run continues for u. S. Stocks this is all after the markets kicked off september led by a high note and what else, technology stocks. The dow adding 214 points. Now 3 off its record high that number 29,568 you can see now, 28,645 is where the market closed. The s p 500 hitting a new alltime high. The gain is about three quarters of one percent the best day since 2010. Also hitting another alltime high, the nasdaq moving closer to that 12,000 mark you can see 11,939 is where we closed yesterday looking at the bond market 10year yields around. 69 twoyear note yields. 137 and 30year at 1. 378 . Going to Julianna Tatelbaum
To equip mali with strong institutions which are able to better manage our everyday lives and restore confidence between the government and the government show the palaces more. The bamako residence of president abraham. Secure and heavily guarded but instead of keeping people out the soldiers were keeping him in he and Prime Minister abu says say we detained here on tuesday confusion prevailed today with no explanation by the military or government until president cases appeared on state television announcing his resignation god knows what i want no blood to be spilled to keep me in power and thats why i would like to thank the 1000000 people for their warmth i am telling you now that im resigning from my position as the president and all my other positions and i announced the dissolution of the assembly and the governor. African bloc eco us responded forceful into the coup isolating mali through border closures suspending financial flows and called for sanctions against who organizes
No nationwide lockdown thats the message from President Trump as the feds deal with a growing list of hot spots around the country and why the white house is saying it wants to cut any deal between microsoft and chinas tiktok it wants a piece of the action tuesday, august 4, 2020. Good morning im dominic chu in for Brian Sullivan today kicking off your Tuesday Morning with some stock instability. The dow down some 40 points, the nasdaq down 40 points as well. The s p off by 18 points the market rallied after capping off a win streak the dow rallied more than 400 points as you are seeing in this time lapse from yesterday. The index hitting another alltime high with the 29th record close of the year so far. The tech sector broadly higher closing in on its alltime high as well. The S P Technology center up 24 gains year to date sales force, microsoft, facebook, take two interactive, qualcomm apple, after a more than 10 gain on friday closing up another 2. 5 , the stock is now just Percent
The model 5 new as elon musk does a huge stock split, five to one. And when does 20 equal 80 . It is your morning riddle. It has to do with bonds and yields were going to show it to you coming up in your rbi on this wednesday, august 12th and this is Worldwide Exchange right here on cnbc. Well, good morning, good afternoon, good evening and welcome from wherever in the world you are watching im Brian Sullivan the rbi is really interesting today. It maybe, just maybe shows you how price sensitive allamerican borrowers really are thats coming up well get that a bit later on in the show right now lets get to the market futures are back on the rebound. Up another 250 deja vu all over again thats where we were yesterday higher across the board. Today many technicians might say an important day because we had that huge reversal in the final hour of trading. The s p 500 which at one point was within half a percentage point of the interday alltime high closing lower Major Technology leading th