Page 2 - Source Capital News Today

Chinese demand levels almost at precrisis level. Time for todays market moving news from our washington and new york teams. We want to start with fed chair jay powells comments on the economy. In an interview with cbs, he expressed confidence in the recovery, but timing is still hard to predict. Chair powell the economy will recover. It may take a while. It could stretch through the end of next year. We really dont know. Michael mckee, International Economics and policy correspondent, has more. ...

The big apple housing bust how hard is new york City Real Estate being hit and if it will get any better anytime soon . It is wednesday, may 6 you are watching Worldwide Exchange on cnbc. Good morning, good afternoon or good evening. Welcome. Im Brian Sullivan thank you for watching here on Worldwide Exchange on wednesday morning. Here is how your markets and your money are setting up. Futures about 145 points on the upside parts of this due to reopening the economy. Remember this, the dow was h...

Coronavirus and almost 100 deaths. This as lyft, pelaton, grub hub and tmobile report quarterly results. Its a mixed bag. I want to bring in taylor who has been covering the markets today. Walk us through the resiliency of tech in general. You saw the s p and the dow down. But again the nasdaq rising. Unbelievable. I think a lot of the earnings have come in much better than expected. Youre getting the sense that the tech sector here is sort of a defensive sector in this new environment. Its also...

What may be the most important stock in the market right now. The roller coaster ride that is crude Oil Continues last night, july falling below 18 a barrel a lot going on on this wednesday, april 29. You are watching Worldwide Exchange here on cnbc good morning welcome from wherever in the world you may be watching. Im Brian Sullivan here is how your money and markets are setting up their wednesday. The dow did fall a bit yesterday but as bob pointed out, many thought it was a relatively good m...

Joe, the big story is oil prices once again im ready to move out past june move out where . June is too close if we are not going to open anything up, no reason to think it will be anything different than minus 38 a barrel it is related to the price of gold and the price of a suit, so i should have been buying andrew, you are spending 10 times what you are on a suit with those hugo boss things. Which none of them have belt loops for 4,000, you could get a couple of belt loops no hugo boss. It is...

Instructed the u. S. Navy to shoot down and destroy iranian gun boats if they harass or ships at sea obviously thats a policy, thats going to make it so that anyone who is short oil theres so many people short oil, might say its worth covering here. I had a big win. Its geopolitical, the fact theres a failed instrument out there called the uso, i say its failed because its not been able to handle the selling yeah. Executing a 1 for 8 reverse. Are they really we talked about the usa more th than ...

Brown, pete nigerian on the phone, erin browne. First, lets check out the markets to see where we stand this hour as the busiest week of earnings season starts to ramp up the dow up just 28 points. Nearly 400 point gains the s p just marginally to the downside the nasdaq up nearly one full percent at this point. 8657 there a key focus for many traders up about 1. 25 at this stage its great to see you i guess i would start by saying the s p 500 is now down 11 year to date. The recovery has not be...

The opecplus curbs doing little for the global glut. The virus drags on demand. Policymakers are focused on the Economic Impact of the virus. We will hear from a policymaker later this hour. Shery we are seeing downside for u. S. Futures. This coming on the back of a second straight week of gains. We have seen coronavirus cases start the United States to stabilize. We are seeing coronavirus debts and cases here in new york coronavirus cases here in new york start to decline. Brent is down. There...

It is up 25 , but still well below 15 a barrel on a supply glut in the u. S. And around the world. And as Congress Passes that 480 billion relief package to keep the Paycheck Protection Program running, td bank has promised some 26,000 Small Business loans. The ceo is going to join us in a few moments and tell us how he did it kelly, over to you all right, tyler, thanks. Todays rebound is led by tech stocks again they were under pressure yesterday. Lets get to bob pisani for more on the rally bo...

Chairman heinicke all right. We have a quorum. Obviously, these are unique times, as we could say. Given the Public Health recommendations issued by the department of Public Health and Governor Newsom and mayor breed have lifted the attendance of Board Members by telephone, directors rubke and torres will be participating by phone at my request. Caroline and others in the room here to assist with our City Attorney deputy City Attorney, susan cleavelandknowles. We will say, at the end, get throug...