More in payroll pay. And ford unveils the new f150 with new options including handsfree driving it is friday, june 26, 2020. You are watching Worldwide Exchange on cnbc. Good friday morning. Im dominic chu in for Brian Sullivan we are seeing a bit of negative activity right now, the s p is implied lower by about 12 points the dow would open down by 170 and down another 14 points for the nasdaq this represents moves off the low so far on the treasury yield side of things, we are seeing movements across the yield curve slightly lower at 67 basis points or. 67 ticking higher at 18 basis points or. 18 there the fed announcing it will force big banks to suspend share buy backs and cap Dividend Payments for the Third Quarter. The firms must resubmit their pay back plans the fed found several banks could get too close to capital levels amid the pandemic induced slow down. Shares of nike, dow component as well the company posting an unexpected loss. Was hurt by Retail Store Closures the wholes
The breaking news this hour, iran, striking back at the United States for the killing of its top general Qassem Soleimani last week. According to the pentagon, the attack occurred 5 30 p. M. Yesterday with iran launching more than a dozen Ballistic Missiles their targets, two bases in iraq where u. S. Troops are stationed. One, the largest in the world, less than 200 miles from baghdad. The other in Northern Iraq iran claiming responsibility for these attacks. Tweeting that iran, quote, took proportionate measures in selfdefense under article 51 of the un charter targeting base from which cowardly were launched u. S. Secretary of state mike pompeo and other officials gathering at the white house in the hours after the attack the president himself tweeting following the meeting, quote, all is well. Missiles launched from iran at two bases located in iraq. Assessment of casualties and damage taking place now. So far, so good. We have the most powerful and equipped military in the world b
If you look at volume, it is certainly borne out that way. This is the s p 500 svs index. We are running at volume about 30 average today, so a lot of ahead of out of office the christmas holiday, and my producer tells me we have not seen a move up more than 113 sincen either direction 2011. Moving on to one of the other big stories of the day, lets look at bitcoin. We can see that it is extending the slump for the fourth day, byling to about falling about 30 earlier today, but in the meantime it has pulled down a lot of associated bitcoin and stock. Ain overstock here also down by about 4 . That is the online retailer that accepts bitcoin, but the ceo has also said he plans to sell all overstocks ecommerce business to focus on the companys blockchain enterprise. Lets take a look at the movers today. I want to talk about nike. They are having a poor day today, after earnings it showed there was a big split in their business in terms of sales in the global side of things, which well, an
Dominated the market so far in 2016 was back again today. The slide steepened late this afternoon, despite earlier gains, gains that the market just really couldnt hold on to. All three major indices falling 2 or more, now in correction territory. The Dow Jones Industrial average plunged 364 points to 16,151. The nasdaq dropped 159, nearly 3. 5 , and the s p 500 lost 48, trading below 1900 for the First Time Since september. And the selling occurred despite a modest rise in the price of domestic crude, very modest. For the year, the blue chip index is off about 7 , the nasdaq down more than 9 , and the s p 500 is also off 7 . Bob pisani explains why this market just cant seem to catch a break. Reporter it was another day where traders just wanted to take down their exposure to the overall market. Everything was down 2 to 3 from auto stocks to financials to health care to technology stocks, virtually everything. Theres a similar pattern in the trading activity in the past few days. Stoc
Dominated the market so far in 2016 was back again today. The slide steepened late this afternoon, despite earlier gains, gains that the market just really couldnt hold on to. All three major indices falling 2 or more, now in correction territory. The Dow Jones Industrial average plunged 364 points to 16,151. The nasdaq dropped 159, nearly 3. 5 , and the s p 500 lost 48, trading below 1900 for the First Time Since september. And the selling occurred despite a modest rise in the price of domestic crude, very modest. For the year, the blue chip index is off about 7 , the nasdaq down more than 9 , and the s p 500 is also off 7 . Bob pisani explains why this market just cant seem to catch a break. Reporter it was another day where traders just wanted to take down their exposure to the overall market. Everything was down 2 to 3 from auto stocks to financials to health care to technology stocks, virtually everything. Theres a similar pattern in the trading activity in the past few days. Stoc