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June 29, 2024
Exchange on cnbc. Im wilfred frost. Im Contessa Brewer in for sara eisen lets get to the Market Action yesterday a pretty big selloff we did come off the lows by the end of the day still down just over a percent for the dow. A little less than that for the s p and the nasdaq financials took a big hit that sector within the s p down 3 insurers down more than 3 of course theres another hurricane and storm approaching landfall or makes landfall last night, that was onefactor. We saw the banks sello...
June 29, 2024
Across the board with the exception of the italian ftse. A quick look at wti crude right now, wti if youre buying it buy the barrel, you can do it for 48. 91. Hurricane irma one of the most powerful atlantic storms in a century. Its churning its way across the caribbean towards florida. Kalee dionne joins us live from cnbc headquarters. Whats the path . Reporter the path is westnorthwest at this point the question still lies when will it turn to the north . Thats something well be watching throu...
June 29, 2024
Good morning welcome to Worldwide Exchange on cnbc. Im sara eisen im wilfred frost good morning to you from me as well well get to the markets and the agenda including an ecb meeting, but first the latest on Hurricane Irma the most powerful atlantic hurricane on record hammering a string of northeast caribbean islands with winds up to 180 Miles Per Hour the category 5 storm has already killed at least eight people millions are without power in the caribbean. In the island of barbuda, 90 of the b...
June 29, 2024
Slightly the nikkei up by 0. 2 . Shanghai composite under pressure as was the hang seng, down by a third of a percent the hang seng down by a third of a percent, shanghai composite down by a half percent in europe, in early trading, mostly green arrows. The dax is up by almost 1 the cac in france up by a half percent. If you check out crude oil prices, yesterday up 1 to 49. 16. This morning wti back down to 48. 99. Lets get an update on Hurricane Irma heres what we know. The most powerful atlant...
June 29, 2024
On cnbc. Im sara eisen im wilfred frost well get to the Global Market picture in just a moment and Hurricane Irma and todays agenda first overnight a powerful magnitude 8. 1 earthquake striking off mexicos surn coast ea Southern Coast this morning this triggered a tsunami warning. The epicenter hit about 70 miles off the coast of chiapas, mexico multiple aftershocks have been recorded we continue to follow details of that story a bit of a market reaction. Peso getting hit on that lets get an upd...
June 29, 2024
Good morning its still moving to the westnorthwest it will continue that track through bahamas and cuba these are the spaghetti plots. The actual track has it looking like it will make a landfall in south florida going into early sunday morning between now and then you will start to see conditions deteriorate you have really the rest of the day today if youre in key west f youre in south florida to finish preparations and get evacuations underway alerts going on. A hurricane warning issued overn...
June 29, 2024
Worldwide exchange on cnbc, im sara eisen. Im wilfred frost irma has been downgraded to a category 1 hurricane the storm is packing sustained winds of 85 Miles Per Hour right now irma is 25 miles northwest of tampa nearly 5 million homes and businesses across florida were without power and some 12,000 flights have been canceled due to the storm. Weve got full Team Coverage of the monster storm cnbcs Contessa Brewer on the ground in fourt. Lauderdale. Jackie deangelis is standing by. Lets start w...
June 29, 2024
Coverage of this storm we are in Bonita Springs and Jackie Deangelis out there and diana olick north in atlanta we want to start right now with carl good morning to you. Reporter good morning to you. As becky said, the storm is very much a force in northern florida, will be in georgia later. Were in southwest florida landfall was southwest of naples were on a bridge overlooking one of the waterways the good news if you can call it that, the estimates of storm surge, 10 to 15 feet, didnt really h...
June 29, 2024
Good morning and welcome to Worldwide Exchange. Im sara isner and im wilfred frost well get the latest on irma in just a moment, but first, lets check on global markets. Apple led the nasdaq higher ahead of its big iphone unveil today. 11 out of 11 sectors on the s p were higher led by the banks reverse ago 3 decline last week for the Financial Sector that was mainly because of yields rising. Also reinsurancers got a big boost on the back of irma. They did, indeed. We also had news on barclays a...
June 29, 2024
The s p up by 3 and nasdaq up by 15 this comes after all the markets looks looked very strong yesterday. The dow was up by 260 points s p was up by 26 it was a record close for the s p 500 and thats its first since august 7th the dow closed at a onemonth high take a look at whats been happening in europe this morning. The gains we saw yesterday as concerns about irma faded a bit and, again, some concerns about north korea not quite as potent as they had been as we headed into the weekend this mo...