Known name to mall goers files for bankruptcy its monday, september 30th and Worldwide Exchange begins right now. 5 00 a. M. , good morning, good afternoon, or good evening and welcome from wherever in the world you may be watching. Im Brian Sullivan thank you for being with us here on cnbc. This hash a pretty decent month for stocks, not great but decent the dow was up 1. 5 coming into this morning doesnt sound good, but keep in mind september historically the worst month of the year for stocks and we could add to those gains here we are seeing dow futures up 95 points today s p and nasdaq also higher at the moment in the asia markets, green on the screen there as well lets get a check there. You can see japan fell but the hang seng in hong kong thats relevant because of the protests Hong Kong Market continuing its march higher despite what is happening now for 17 straight weeks. And in the european markets, again, not a huge trend this morning. There we go. Lets bring the european ma
Markets where startups and Venture Capital wont even go because dominant players are so big. Now, the committee is saying that it is getting pushback from Internet Companies who allege that they actuallyvation and not well bring you all the latest back to you. Thank you well be back with you joining us to break down the are market action, megan, good afternoon to you lets check the markets. Dow is flat. S p down 0. 03 , and of course any positive close for those three would be a record alltime closing high megan, relative softness today compared to of late. What do you think is driving that part of it is trade we heard words from President Trump around the risk of higher tariffs and that is something that weve been particularly cautious about we did get a trade truce if you will at the g20 but nothing really changed there. And so i think that what we saw is a little bit of weakness from the market on the back of the reality that we could get higher tariffs down the road. But that is co
Reportedly subpoenaing records related to the 787 dreamliner. And megadeal making in the sports world kevin durant, irving, Deandre Jordan all look ready to take their talents to the Brooklyn Nets its monday, july 1st and Worldwide Exchange begins right now. The greatest, the greatest good morning, everyone im con tessa brewer here at World Headquarters for cnbc. Brian sullivan is in vienna this morning. Good morning, brian. We took our talents to vienna, austria, the scene of an opec meeting well get to what is expected in just a minute, but we have to check stock futures because it alongs like the markets are going to surge today they surged in asia overnight, stock futures we could hit a new record on the dow. Remember, we hit records on the s p 500. Will today be the day the dow 30 does it . Stock futures are up more than 200 points a the moment as well. On that trade optimism that you referenced at the top, the asian markets up over 2 in hong kong and the nikkei in japan and the e
Search bar. The hearing will come to order. The chairs authorized to declare recess at any time. Let me say good morning and welcome to todays hearing and oversight of the department of research and development enterprise. Welcome mr. Secretary we are delighted that youre here today. As you know this committee has jurisdiction over the department of energy and its a vitally important science in Energy Research and develop activities. The laboratories and facilities i hope much more quickly from now on and i look forward to working with you throughout this congress. With a budget season, i would like to bring just a few minutes and a few items to your attention and ill start with the good news. Which is despite the ministration best effort to make cuts across the board and develop my programs most actually fared well in the house of representatives and particularly pleased to see the increased to the budget for the loan programs office, both of which have yielded transformative results
Memorial day. Katie and Katie Greifeld in new york. Welcome to Bloomberg Markets. Look at markets on this friday, green on the screen after a disappointing day on thursday. S p 500 higher by. 4 . It felt by. 7 yesterday. We are marginally lower for the week. A look at the nasdaq 100, higher by half a percent. But russell 2000 current the higher by. 6 or so. Lets drill down into eli lilly, boosting its weight loss drug supply. The farmer giant was meant 5. 3 billion will spend 5. 3 billion to make the main ingredient on its with loss drugs. The popularity of this shot has led to shortages. Gaming cardi joins us now with more details. You think about the question to boost production and be able to address the demand. How far will the investment go . Ideally, despite the ubiquity of these medicines it sometimes escapes and it sometimes escapes notice that they are technically in a shortage, lilys and a competing drug from novo nordisk. The idea is to boost the production of the active ing