For boeing from one Major Airlines ceo. His comments coming up in a cnbc exclusive. Later on, the stock that could replace tesla in the magnificent seven and why today may be the opportunity to get in at a discount price. It is friday, march 15th, 2024. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Thank you for being with us on this friday morning. Lets kickoff the hour with the check of the u. S. Equity futures after the first down day for the dow on the last four on the back of the ppi. The dow implied higher by four points. S p by three points. The nasdaq down by eight. Very, very steady for the time being. Heading into the final trading day of the week, the major averages are holding on to thinner gains. 50 gain for the dow. S p is in a similar move and the slight discounted gain for the nasdaq. You have to not so far for the nasdaq 100 overall on pace for the first backtoback weekly loss since october. Checking on bond market yield
Good morning and welcome to sunday today on this may 19th. Im willie geist. The 2024 president ial campaign is in full swing this weekend with less than six months until election day. This morning President Biden is in georgia, a state he won narrowly last time around, where he will deliver the commencement address at the historically black Morehouse College. Meanwhile, on saturday, former President Trump was in texas speaking at the National Rifle Association Convention and picking up that groups endorsement. Well have the latest in a pair of live reports and talk to Kristen Welker just ahead. Plus, our sunday focus on the president ial debate this week after back and forth public challenges between President Biden and former President Trump. How will these ones be different . Will they really matter in the end . Then, our sunday spotlight on 50 years of People Magazine at the center of american Popular Culture with famous covers, behindthescenes stories and, of course, a roundup of t
Thank you, charles. Charles you got it. Liz well, this is the kind of recognition the nasdaq can does not want, folks, there is a reason the that nasdaq is by far taking the biggest punch. The chip stocks have taken a to to if announce ifed leg down led by nvidia. I cant remember seeing nvidia fall more than 8, but that is exactly whats happening. Now it is down9 9. 33 . Low oaf the session here falling about 79 to 767 a shear. Share. You can look right now because as a it falls through the 50day moving average which is considered a sell signal, a lot of the other chip names are following it down the rabbit hole including amd which is down 6 followed by micron. Youve got, you know, im looking at micron now down about 5 . In fact, most of the chip makers are tanking on investor fears that a perhaps interest with rates are will remain high which means cost of borrowing to grow might be a lot higher for longer. Weve got the socks index which is this basket of chipmakers down a full 4 . Ju