The taxpayer burden. And later on, why President Biden is calling china a ticking time bomb. You are watching Worldwide Exchange here on cnbc its august 11th, 2023 good morning man welcome to Worldwide Exchange. Im dominic kamalachu. Lets look at equity futures we are moving marginally up or down p the s p is implied lower by two points dow implied higher by 19 the dow, s p and nasdaq are coming off a higher session on the heels of the upbeat cpi report week to date, it is painting a different picture. Look at the dow industrials. North of 1 declines for the Nasdaq Technology may be lower for the week, but small caps have it worse with the russell 2000 on pace for the worst week since late june. Down 1. 75 on the week to date basis. On the bond market, yields on the 4 level are still in focus with regard to the u. S. 10year treasury right now, it is 4. 08 the 2year treasury is lower at 4. 81 . The 30year treasury is below 4. 25 right now. On the energy, oil prices are on the move we ar
Last week. Overnight, in asia, japans nikkei topped 40,000 for the first time. Stronger corporate earnings and surge of chip stocks with Artificial Intelligence playing things up. The nikkei above 40,000. If you look back here in the United States, the treasury markets show yields are higher. Tenyear yielding 4. 2 . The price of bitcoin has been impossible to stop lately. You will see it is up another 3. 7 . Above 65,000. It will be a new high. Theoretically. We are watching crude prices inching up toward 80. The high end of the range. 79. 68. Opec plus countries delaying production. That means 2. 2 Million Barrels per day of cuts planned for the First Quarter of the year will continue into the next quarter. We will talk more about this and the implications with helima croft in the 8 00 hour. Congressional leaders released the details of the first six budget bills to keep the government funded. Democrats secured full funding of the special Food Assistance program for women, infants and
New investment restrictions tied to china its wednesday, august 9th, 2023, and youre watching Worldwide Exchange right here on cnbc. Good morning welcome to Worldwide Exchange. Im frank holland. Lets get you ready to start this day as always kick it off with a check on u. S. Stock futures. Right now were seeing them in the green across the board open up about 08 points higher nasdaq, more than a third percent higher in the premarket after a rough session for stocks yesterday. Investors digesting the moodys downgrade that sent major u. S. Officials sinking. Goldman sachs closing 2 lower, citi down 1. 5 and wells fargo jp morgan largely spared in this situation. This morning, were seeing a bit of a mixed picture take a look at how the stocks are performing right now in the premarket. Were seeing some of them still in the red as you can see, goldman sachs, jp morgan fractionally lower, bit of a rebound for bank of america, half percent higher, wells fargo up. 25 . Bond market, as always,
Steven mnuchin steps in for new york bancorp. And boeing having issues are regulators over the door plug blowout. Its thursday, march 7th, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you for being with us. We get you ready for the trading day ahead. The major averaging snapped a threeday leez losing streak. This action in the premarket after we heard from jay powell saying he continues to expect Interest Rates to come down this year, but not ready to say when yet. It will depend on the path of the economy. Our focus is on maximum employment and price stability and the incoming data as you look at the outlook. We checkfor treasuries. We continue to watch yields throughout the hour. We are watching the Energy Market and oil with wti hovering close to 80 a barrel. Tensions in the middle east continue to rise after the Houthi Missile attack yesterday that killed three on the cargo ship in the gulf of aden. Take a look at
Af reporting after the close today. And the one central bank cutting Interest Rates despite inflation. This as we an wait the latest fm the bank of england. First, amd and qualcomm coming up short and giving investors new reasons to worry it is thursday, august 3rd you are watching Worldwide Exchange here on cnbc good morning welcome to the show. Im dom chu in for frank holland. Lets check in on stock futures. Losing steam we are sitting at or near session lows for the futures market s p is implied lower by 15 points Dow Jones Industrial average lower by 100 nasdaq down by 60. You can see a sharp leg lower right around when europe just started trading and it has been drifting lower since here. We currently stand at 4,520 for the s p. This was all after a rough day for wall street on the heels of the fitch downgrade. Nasdaq posting the worst day since february right now,. 50 to the downside. S p down 1 . Some conviction in the move lower based on volume. By the close yesterday, spy clos