Page 2 - Michael Gapen News Today

Live from new york city, good morning. What a week ahead. Nobody earnings two days away. Coming into monday nvidia earnings two days away. We are picking up on the sent of capitulation at Morgan Stanley. Mike wilson has a new year end price target, 5400. The old price target, 4500. A wider range of outcomes and opportunities. Lisa he talked about the fact it is getting harder and harder to have any broad assumption where the market is headed. A lot of analysts have been head fake by a lot of dif...

Lets take a look across assets. We can look at the bond market as well as currencies. The bank of japan decides not to change anything with their stimulus. The euro is also strengthening against the pound. The 10 year yield is falling by one basis point. The sell off is continuing in the german bund market. David lets see if there is newse outside the Business World. Mma the white house is taking a victory lap after Congress Passed a landmark tax reform bill. Sident trump thomas promise that u. ...

Good morning welcome to Worldwide Exchange on cnbc. Im dominic chu. Im seema mody in for wilfred frost and sara today this morning we are seeing some red after a big green day yesterday. You can see for right now we have an implied open on the dow of down just about 180 points. The s p indicated to open down by 16 and the nasdaq down by 29, 30 points. A nice 410point gain for the dow yesterday maybe sets things up for a breather today. Well see if that selling pressure holds steady or gets exace...

Good morning very warm welcome to Worldwide Exchange. Im wilfred frost. Im Courtney Reagan in for sara eisen thanks for having me no shortage of news today. We have a lot to talk about. And its friday what more could we want . Great to have you with us. Lets check in on the market picture. We got a laterally yesterday, pretty much in line with when President Trump announced jay powell as his pick for the fed we saw markets rally up towards the close. Not a huge rally but the nasdaq ended essenti...

That is what ive been hearing. Lets look at the risk off tone in europe that is being hit the hardest. We are now at eight straight down days and have not seen that kind of streak since 2014, the dax hit particularly hard. A bit of a safe haven bid as far as bund yields. That does not feel like a risk off move in bunds. The dollaryen down 6 10 of 1 . The bloomberg Commodity Index down 3 10 of 1 . Not just oil and copper, the base metals across the board hurt. David now we turn to emma chandra. E...

Is adent trump soninlaw focus into the russian meddling in the election. Investigators are looking into meetings Jared Kushner had with the Russian Ambassador and a banker for moscow. He is a senior white house adviser. Alloy or set it coast or will share what he knows about the meeting. The president met with the japanese Prime Minister before the start of the g7. They disagree on areas such as trade and Climate Change. Its believed the others wont gang up on him. To focus onng terrorism and is...

Welcome to Worldwide Exchange, im wilfred frost. And im seema mody. We are taking you back with some of americas most notable black artists, right now youre listening to james brown i like that one great way to start the show. Lets get to the Market Action futures are slipping it comes off a soft day. The dow was higher yesterday the s p down by 0. 2 the nasdaq 0. 4 . A bit of a selloff in the afternoon. Not much in reaction to the fed Decision Just softness in the tech sector thats why we saw t...

Dow is down 28 points. S p 500 down 11. That is nearly. 5 doc, theyre selling the teches again. Banks are trying to get a bid post fed they look like they dont know which way they want to go. A lot of the teches got bids, too. Youre right they were under pressure hard today. And that selling pressure, i expected it to continue for longer than maybe 15 minutes but it didnt. I mean when you look and we didnt get we couldnt break the 50 day in, for instance, amazon and you look at the other support...

A gain of 115 points expected if we were to open here s p is indicated up by 8 points. The nasdaq up by 31 points overnight in asia, youll see that the market theres also ended higher with the nikkei up a third of a percentage point. The hang seng up 0. 8 . The shanghai up 0. 59 . And the kospi up 0. 84 in europe this morning, you will see similar moves. Gains across the board there the dax is up by 0. 55 so is the cac. Ftse up by 0. 8 . If you check out wti, crude oil, 50. 27 wti for july broke...

Good morning welcome to Worldwide Exchange on cnbc. Im sara eisen im wilfred frost good morning to you from me as well u. S. Futures pointing higher on wall street as tensions ease on the north Korean Peninsula. Up 40 points on the dow. First breaking news overnight. Two more Corporate Leaders are stepping down from President Trumps American Manufacturing council. The ceos of intel and under armour announcing their departures the rez zig anything that signae wake of President Trumps handling of ...