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July 16, 2024
S p up s p up and the dow indicated up look at what happened overnight in asia. The nikkei opened up in europe where there is active trading, youll see green ar owes across the board. The ftse was up more than half a percent. Youll see at least the 10year is yielding 1. 8 big news, weworks board now weighing two competing Financial Rescue offers. Expected to accept an offer from softbank to take a controlling stake in the company the decision could come as err will early as today the are rescue ...
July 3, 2024
Here the dow fell 300 points on word of the attack, but we are modulating slightly. Treasury yields and crude as well oil prices in just a moment. Tenyear note at 4. 58 the expected run to safety. The question is is this performative to show we are retaliating. The reaction in the commodities market the initial reaction was steep and then we pared the gains. Crude is 82. 57 the story is in brent which surged above 90 a barrel. Were back below the level right now. As for gold, 2 2,395 that is unc...
June 29, 2024
Meeting. Policy announcement coming up at 2 00. In global news chinese stocks rallying overnight. This morning snapping the threeday losing streak. The shanghai composite closing up 3. 5 . Big growth. In europe greeces stock market will not be reopened today as some had expected. The exchange is waiting for an okay from the ecb and government decree. Thats 6 or 700 points. Huge. Stocks to watch this morning, twitter earnings and revenue are both above estimates but it was the Monthly Average use...
June 28, 2024
Good morning. A warm welcome to Worldwide Exchange here on cnbc. Im wilfred frost. Good morning. Im seema mody in for sara eisen. Always good to be about your side. Lovely to have you with us. U. S. Futures, interesting picture now if youre waking up. A mixed open were calling for the dow up 24 points. Nasdaq up 5. After surpassing 6,000 for the first time ever. S p 500 basically flat on the day. Keep in mind markets did rally yesterday. The dow posting its second consecutive day up 200 points. ...
June 28, 2024
Weve seen since the election. The nasdaq is indicated up by 8. 5 points. Well talk to the nasdaqs ceo later this morning. Look at what happened overnight in asia. The nikkei was up by 1. 1 . Markets in china also closed higher with the hang seng up by a half percentage point. In europe this morning, in the early trading thats taking place, you can see things are relatively flat. Across the board. The ftse, the cac, and the dax all sitting within points of where they closed yet. Its been a big co...
June 26, 2024
Landing at 50. 79. Visa reporting a better than expected increase in earnings. Higher payments and the acquisition of visa europe helping results. Trading was choppy after the bell. Visas full year Growth Outlook was light of estimates. Stock lower by a quarter of a percent. Twitter planning job cuts that could be announced this week. The social network could terminate about 300 people. Thats the same percentage it cut last year when cofounder jack dorsey took over as choef. The news comes amidq...
June 25, 2024
Of japan was fully consulted on this and as a result check out currencies. The yen jumping to a threeweek high on that news. Lets take a look at europe. This point the european markets are in the red. Germany down. The cac in france is down 1. 25 . The ftse in london off by half a percent. Take a look at crude oil this morning. This was a huge story yesterday. Wti dipped below 40 a barrel. Ended up closing at 40. 06. This morning up about 26 cents to 41. 31. This is a key number here. This has b...
June 24, 2024
The hang seng was up about half percent. And the shanghai up about. 6 . The European Equity markets. This is the early trade. Relatively flat. The dax is flat. Cac is down less than. 2 . The ftsi up about a. 25 . And the italy index about 1. 5 . And spain just over 1 . And up about 0 30 cents. Brent up about 33 cents. Couple of big stories this morning. Bp reporting overnight. Quarterly profits dropping 80 . That topped expectations, oddly enough. The company says it now could cut Capital Spendi...
June 20, 2024
Microsofts earnings and revenue topping expectations. Results were helped by shares of its offices and server sales. Were going to talk to an analyst who covers the company at k67 40 eastern time. Amazon reported results, as well. Sales grew by a better than expected 24 which investors say bodes well for results this season. We will talk to an amazon analyst in just a few minutes, as well. Lets take a look at todays calendar. The Commerce Department will release two reports. Durable goods for se...
June 20, 2024
Weve been looking at it, 2. 51. Did you see all those bond issues yesterday . Europe is back. A whole lot of green. Really it was asia that might be a concern. Japans market off 2. 8 overnight. Lets get our road map this morning. It starts with earnings from economic bellwethers. Procter gamble and ups both seeing gains last night. And dont diskrount old gart of the internet era and amazon posting betterthanexpected quarterly revenue. Were going to start with two companies being known as being b...