Page 12 - Network Helps News Today

Lets begin by taking a look at where we stand onwall street theres your picture all sectors but industrials are in the red right now, dow trying to claw back off the lows still down about 7b3 points the question now, josh brown, im sure everybody is thinking about this if not being asked it directly, im going to do it the same what now where do we go from here well, i think were in now the third at the last five days, were in third day of this mean reversion trade where the hardest hit sectors a...

Abella writes to say, mr. We brought up from the garage has paid for itself 100 times kilmer makes fun learning. Over. Yeah . [ laughter ] i believe you. Steve paulson has better news no one ever feels left out. Im sure. Its going to get better, we just have to hold on a little she writes, thank you for all bit. I think it will be a better you do, mr. Kilmer. Day, gasia , inland areas will fifth grade, john f. Kennedy still be pretty hot. Elementary in newark. Now, if you know an incredible when...

For a closer look at the economic fallout from the coronavirus situation. Steve is dig through that right now and wee chell check in wit. Kelly. As mentioned the nasdaq was heading back to its record high, but now its under pressure. Down about. 5 at last check. Bob. Its under pressure because the mega caps are finally underperforming, its about time in the is all part of that broad evening o broadenning out of the market. You can see it again today. Whats outperform something whats doing better...

Last ten minutes or so and finally, optimism around the possibility of new stimulus. All of that helping the market up about 1 on the s p 500 as we stand. Coming up on todays show, big moves in the banks space and Goldman Sachs is bringing workers back to the office well talk about that with the president and ceo john waldron and Michael Novogratz will lay out the risks he sees. Mike santoli is tracking the Market Action and a pair of key faang names holding their annual meetings as tech underpe...

Midmarch. Well get to macys and more and oil above 34 as the reopening drives demand. Jim, you just said to joe the reopening is working and Even Companies like ford that might have to send a few workers home on a given day are finding ways to adapt look, things are a little better his is the depression taking off the table. A lot of people seem surprised when you get an expedia number where they say theres a little more travel, and best buy is able to do a good job doing curbside pickup. People...

Year, we really dont know and then the vision fund has a record decline, as the tech bets go bad. And then buying the rumor. The shares rally on reports over the sale of its steel business sending its stock at the top of the tracks its like getting the green light to buy from the Italian Government for a 6. 3 billion credit line. And ryan air says it will have to deeply discount fares to attract passengers back in the air. The ceo says they are making this stuff up as they go along, and the real...

Memorial day. Good evening everyone. Im Frank Somerville working from home tonight. And im julie haener. No big parades or sports event and traveling to your favorite vacation spots no longer an option. We honor the thousands of americans who died from the coronavirus in the past new months. We have Jana Katsuyama with how the nation marked this holiday. Reporter julie, some of the memorial day events were canceled entirely and others were held with no crowds. A very sobering start to a summer o...

From tjx to l brands to bjs as they report sales better than feared. Coming up on todays show, the view from the south. We will speak with atlanta fed president Raphael Bostic about how reopening is going in his district plus, Scott Gottlieb has called Antibody Testing a game changer. We will speak with the head of quedel and we will ask how his companys rapid diagnostic measures are up to the traditional tests we talk so often about. As sarah said, lower 0. 6 but off the sessions low Mike Sante...

Expression of disdain for this city. That was oaklands interim police chief voicing apprehension after a large but peaceful protest this evening. We have ordered scores of arrests following protests in oakland, police or the crowd to disperse when a countywide curfew took effect at it a clock tonight. Officers detained 40 people for violating the curfew and the county sheriff is reporting 100 arrests. This was mostly a peaceful night. We spoke with protesters in oakland and walnut creek, they te...

Reopening. What is it like to go out to dinner well let you know. A buffett solomon breakup. Well focus on another berkshire breakup making waves ahead of the open. Tsa temperature checks and massive lines out of the industryway . Some of the ideas being floated with more than a dozen out there to get the American Economy and airports going again it is monday, may 18th and youre watching Worldwide Exchange right here on cnbc good monday morning, good afternoon or good evening and welcome from wh...