Today is bad blood between beijing and the white house showing no signs of letting up and bracing for impact this is Worldwide Exchange right here on cnbc well, good morning, good afternoon, good evening, where ever you are thank you for starting here with us on cnbc. Its going to be a big week. Maybe the busiest and most important week of the summer why do we say that here you go. This will easily be the most packed earnings week of the season 167 of the s p 500 will report including 12 dow components. Well get numbers out of apple, amazon, boeing, mcdonalds, 3m, exxon and many more. Also as soon as today, Senate Republicans should unveil their latest stimulus proposal. Timing all but assures congress will miss the deadline tomorrow kicks off the feds latest policy meeting. Theyll talk about their own form of stimulus it could be again talking about new tactics to keep Interest Rates low for years to come. Also wednesday, we see rescheduled technology ceo antitrust hearing, ceo of app
It is healthy if we have cyclical sectors doing well. On the other hand, and on the idea we are recovering are going toward a reopening, if you have the stayathome stock such as the apples and amazons or some trades. Ther it will be interesting to see how this works out. Right now it is resulting in jitters. That with warned us the fans they might have gone too far, too fast. Youve been warning us. What about the news of a possible vaccine . That seem to capture the markets attention for a wild. Abigail , it did, and actually yesterday, too. Produce that bullish open. Behind the scenes on the day, it is coming down to the dollar. We have a strong inverse relationship as happens in certain periods of time between the dollar and stop in risk assets. Today we have the dollar down. 5 . Now it is down. 3 . That is incredible sensitivity to a change of just. 2 over last month. The dollar is down, the s p 500 is up. Up, the year, the dollar is the s p 500 is down. That subtle nuance happening
This is. Semisurge, theyre leading us to new highs. Yeah, and its been pretty interesting, scott, because this has been a much broader rally than i think a lot of the folks have talked about over the last couple of weeks, and part of it is its the semiconductors, thats one of the areas everybody looks at the big 5 theyre not looking at some of these other names. When you look at the smh, and you see where its trading now and near all time highs, it gives you a little bit of a sense of how much activity there is there, and continues to be there. We have seen so much in the unusual options side of things its been incredible across just about every name that you can imagine. So it certainly does stand out to me that thats been performing, along with biotech to the upside, and both of those, oftentimes youre going to see most of those names in the nasdaq, and thats part of the reason youre seeing some of this outperformance from the nasdaq is this the week that growth took the market back,
Assassination own gendall constance a layman a bought it has not offered evidence off american casualties the u. S. Defense Department Says it is still assessing the full extent of the jet damage or with me in the studio to welcome from the Aspen Institute and tyson baka welcome tyson now as we heard the pentagon say this still assessing the damage and casualties but let me go to the recent tweet sent by donald trump when he 1st heard off the missile attack and he said all is well assessment of casualties is taking place so faso good what do you make of that i think that that was a narrow communication to basically communicate to the American Public and to the world that that that student lead to perhaps significant casualties now we dont have any word from the Defense Department itself but we do have word from the iranians which is probably not credible saying that there have been a number of casualties which would be a dramatic escalation of the tensions between iran and the United S
Envoy condemns the Fatal Shooting of a palestinian Israeli Soldiers in the west bank he speaks to the. Side of the. Morning wednesday the 13th of november just here in moscow live. With this update if you can stay with me 2 for maybe the next. First then tracking this for you turkeys president is heading to washington this wednesday for talks with his american counterpart donald trump its going to be as 1st official visit to the u. S. Capital since 2017 while relations between the 2 countries are on the story nonetheless as expressed hope that they will be able to try to overcome some of their key differences. Despite the full get misfit in our relations we agree with trauma the problems will be resolved and our relations improved so there are a number of factors behind the unprecedented strain on relations between the u. S. And turkey right now among them around koreas offensive against washingtons could as she lives in northeastern syria american lawmakers have also called cause for