Down big right now. In an attempt to get back to business in texas. Were going to speak with one restaurateur about how it went and what he sees ahead it is monday, may 4th. This is Worldwide Exchange right here on cnbc good morning, good afternoon, or good evening, welcome to wherever in the world you may be watching. Im Brian Sullivan the question is this, will the second trading day of the month be better than the first right now it certainly does not look like it dow futures are off about 240 points the dow opening the month on friday, losing more than 600 points it was the nasdaq hit harder Big Technology down over 3 . Apple, amazon, the big names you know disappointed some investors. Although its not gone negative again, oil is a big risk to the markets and investors as well and crude oil is down again. That is that june contract its higher as you look out july and august right now oil down as well as we have reported often over the last week or so, just a reminder, even as deman
0. 769 a little lower than weve seen in weeks leading up to this. Joe, the most important thing youve said is it is friday. Is it friday . The days are all it has been months. And then again, it feels like one whole long day for the week. In this new bull market we are in we will see, hopefully. Three days im not saying that we are they make no sense anymore. I guess it is possible we could look back a year or two now and say, wow or as Paul Tudor Jones said. Are we opening he said we could probably see some new lows. We are still on the front edge of this horrible thing that will play out in new york and other cities hopefully not as bad as people thought. The coronavirus cases surging to nearly 86,000 passing italy and china and making america the site of the largiest outbreak. The death toll is nearing 1,300 in the u. S. So far those number doubling somewhere around every three days right about now, a little less. Lots of questions about other areas too now how this is playing out i
And p is down 20 for its average. Not a huge concern there. Take a look at that russell 2,000. The small caps. Down. 7 . I note that russell 2000 is hovering between its 100 to 200 day average. Now were also in the middle of earning season here. Im going to touch on home depot. Despite a 13th straight quarter of beating estimates. Would say perhaps the streak has been High Expectations here. Are you giving a lot of profit taking coming off would say hom hat does not have skyhigh exspeggetspektations here is the vicks. You can see we have come down quite a bit. Now touching the 12 handle here. We had spiked up to a 17 last week as those tensions between north korea and the u. S. Had really tightened up. None theless we woke up to news this morning saying that kim jong il has decided not to test that missile. The vix coming down to a 12 level. E were around a nine or 10 sirm. R this a little elevated but nothing to be concerned about. Finally, to wrap it up. I want to look ahead to tomor
And p is down 20 for its average. Not a huge concern there. Take a look at that russell 2,000. The small caps. Down. 7 . I note that russell 2000 is hovering between its 100 to 200 day average. Now were also in the middle of earning season here. Im going to touch on home depot. Despite a 13th straight quarter of beating estimates. Would say perhaps the streak has been High Expectations here. Are you giving a lot of profit taking coming off would say hom hat does not have skyhigh exspeggetspektations here is the vicks. You can see we have come down quite a bit. Now touching the 12 handle here. We had spiked up to a 17 last week as those tensions between north korea and the u. S. Had really tightened up. None theless we woke up to news this morning saying that kim jong il has decided not to test that missile. The vix coming down to a 12 level. E were around a nine or 10 sirm. R this a little elevated but nothing to be concerned about. Finally, to wrap it up. I want to look ahead to tomor
And p is down 20 for its average. Not a huge concern there. Take a look at that russell 2,000. The small caps. Down. 7 . I note that russell 2000 is hovering between its 100 to 200 day average. Now were also in the middle of earning season here. Im going to touch on home depot. Despite a 13th straight quarter of beating estimates. Would say perhaps the streak has been High Expectations here. Are you giving a lot of profit taking coming off would say hom hat does not have skyhigh exspeggetspektations here is the vicks. You can see we have come down quite a bit. Now touching the 12 handle here. We had spiked up to a 17 last week as those tensions between north korea and the u. S. Had really tightened up. None theless we woke up to news this morning saying that kim jong il has decided not to test that missile. The vix coming down to a 12 level. E were around a nine or 10 sirm. R this a little elevated but nothing to be concerned about. Finally, to wrap it up. I want to look ahead to tomor