Claims and 21 million continuing claims better than the week before. But still incredibly bad on an absolute basis same thing with the stock market we get crushed today sell, sell, sell. Obliterated wrong. Once again, the averages spent most of the day well into the black despite still more hideous macro data either we sold off the end of the session, dow 148 points, s p falling 1. 2 nasdaq easing 4. 6 , again, the market was up most of the day. The climb were about the incredibly weak labor market what happened when we heard the claims numbers right from the oechg . There is fear actions the president might take against tech because of his anger about social media and the president s plans for punishing china over hong kong, punishment that could reverberate to our own companies that do business there so then why did the stock market open up big when those hideous figures at this point its become a cliche to insist that wall streets tote lit disconnected from main street. After all, h
Good thursday morning to you. Welcome. Im Contessa Brewer in for Brian Sullivan looking at futures all up about. 15 or more in the futures that indicated open. Lets look at the treasury yield and look at the 10year is doing after that big fed decision wait a wasnt that big of a fed decision yesterday, was it yielding 1. 8 . In asia today, lets look at the hang seng, we are up 1. 3 . The nikkei up slightly the shanghai down a third a percentage point in europe, we are paying attention on the big vote. Will it be conservatives or labor . We are seeing in the green across the board up more than half a percentage point except in spain where we are just up 0. 4 looking at some of the top stories with rahel investors this morning are still digesting the comments from jay powell. The rates are on hold and signaled it doesnt plan to move in either direction in 2020. He said hed need to see a sustained base of inflation before they hike rates china regulators raised concerns with boeing on reli
Trump. Hoped former fbi director james comey would deliver the evidence, but several news sources say he will not deliver. He may make the white house uncomfortable, but watergate its not. Now this. Terror hits tehran. Authorities in iran report an attack on parliament ap the khomeini shrine. A female suicide bomber said to be involved. Reports of hostages taken and 12 dead and isis claims responsibility. Terror in london. Prime minister theresa may takes a much stronger line, restrict the freedom of movement of known suspects, even if theres insufficient evidence to prosecute. If the law wont let do you it, change the law. The brits go on offense. This is big change in antiterror policy. Its wednesday morning, Varney Company is about to begin. I mean longer prison stens for those convicted of terror row la tower related offenses and deporting terrorists back to their own country. And i mean doing more to restrict the freedom and movements of terrorist suspects, when we have enough evi
Good morning. A warm welcome to Worldwide Exchange this friday morning on cnbc. Im wilfred frost. Im Contessa Brewer in for sara eisen today. Loving the music. I could see that being on my spin play list, if i did spin. I meant to be doing spin. Im not sure this would be on my play list, as sarah knows, its more Andrew Lloyd Webber and elton john . Who is this . Human naj . No, nicki minaj. Contessa, even i knew that. Its new music friday. A new song from nicki minaj. More important were focused on healthcare this morning. White house budget director Mick Mulvaney says President Trump is done negotiating. He wants a vote today. If he doesnt get it. Mulvaney says trump is ready to move on to tax reform and border and trade. Its a huge story for the markets this morning. Everyone is paying attention to this. Absolutely right. Lets look at how markets are doing. U. S. Equity futures are flat, the more interesting story is the story of the week. Down around 1. 3 or 1. 4 depending on which
Exchange on cnbc from susan li, taylor swift and myself. Susan in for sara again today. Susan, lets get up to speed on the markets this morning. Basically we were basically flat. Nasdaq down, the other two indices slightly up. Now, they were below flat. Today week just above flat only ten points on the dow. Less than one point for the s p. The nasdaq is up a couple points essentially as i said we are flat in the premarket. Lets have a look at the bond market. The tenyear note this morning trading at 1. 70 . The main market were seeing that is the german bond which well be getting to in just a minute away. Also more on markets. First, breaking political news overnight, Hillary Clinton and donald trump taking victory laps. Nbc news projects that clinton will win a majority of pledged delegates following yesterdays final super tuesday of this election season. Thanks to you, weve reached a milestone. The first time the first time in our nations history that a woman will be a major partys n