Themselves on the wrong end of a judges decision in california it is friday, october 23, 2020 and you are watching Worldwide Exchange on cnbc good morning, everyone. Im seema mody in for Brian Sullivan we kick off your friday morning with a look at stock futures, the dow up currently about 75 points the major averages august coming off their second positive day in three. But looking to end the week in the red. Here is how were set up the dow and s p are on track to snap a three week winning streak, the nasdaq on pace to break a four week winning streak for its first worse week since september. Part of that is apparent rotation out of Technology Take a look at the ishares and momentum etf, it is down more than 2 this week. And on pace to snap a five week win streak the etf tracks tesla, apple, amazon, invidia and microsoft. But not to be out done, First Trust Dow jones Internet Fund is now down about half a percent for the week eyeing its first down beak week in five financials and regi
And streets turned into rivers buildings destroyed and power knocked out Hurricane Sandy is downgraded but more destruction may still be ahead. And im were hearty with all of the days sports news messy scores his 1st goals for barcelona since demanding to leave the club yet again. Coronavirus transmission rates across europe have become so concerning the World Health Organization is warning countries not to shorten their quarantine periods some are recommending as little as 7 days isolation in case of exposure but the w. H. O. Says it will not change its recommendation for a 14 day quarantine. Knowing the immense individual and sight the impact even a slight reduction in the length of gotten time can help and giving the figures i have just mentioned i go to the region to make saying due process with experts and explore see for adoption options well the u. N. Health agency is also warned against turning this pandemic into a political football consistent messaging following contradictory
Im married to evanston its good to have you with us the Italian Government has put about one quarter of its population under quarantine in a bid to stop a rapidly expanding outbreak of the new coronavirus Prime Minister just have a contest signed a decree after midnight the lockdown affects the region of lombardy and other northern provinces and it also includes venice and italys Financial Capital milan now italy is the country with the most corona virus infections in europe the governments most recent figures show 5883 confirmed cases and some 230 people have died of the disease the lock down is the most drastic measure yet taken in a european country to try to contain the virus. Milan italys vibrant financial heart turned into a ghost town lumber d. Is the countrys most populous region its also where the corona virus has hit the hardest putting hospitals under strain and the government under increasing pressure to take drastic measures probably part of the. For lombardi and the other
Impeachment, im beginning to think in retrospect that it was probably inevitable. We were going to get impeachment one way or another from the democrats who are really intent on it and even after the Mueller Report failed, they were going to look for something else. What do you think . Well, that was really the key. When the Mueller Report came over, i think some of us out there we waited more than two years and we thought okay, now we have an a answer, its time to put this behind us. But no, the minute it came out, they doubled down. They drilled in on the obstruction piece of his report even though the Justice Department said this was not something that could go forward. And it was pretty clear at that moment that this was going to happen one way or another and it was a question of their finding the right issue to hang it on. Paul anybody disagree with that, they were going to impeach him for jay walking if they had to. They were calling for impeachment barely after he was taking the
Kim, when we think about impeachment, im beginning to think in retrospect that it was the details arent all known probably inevitable. Yet but it looks like its going we were going to get impeachment to go through, the usmca is one way or another from the going to pass, the president has taken european auto tariffs off democrats who are really intent the table apparently. Are we going to get here some on it and even after the think . Trump quiet on trade, claiming victory but doing nothing else between now and the election . Well, that was really the key. When the Mueller Report came you know what this signals to over, i think some of us out th me is somewhere the faction in years and we thought okay, now we have an a answer, its time the white house that has been to put this behind us. Lobbying a long time the but no, the minute it came out, president to understand the importance of trade and how much they doubled down. They drilled in on the it could hurt his prospects for obstructio