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CNBC Worldwide Exchange July 12, 2024

737 max reportedly set to return to the skies it is monday, june 29th, this is Worldwide Exchange right here on cnbc well, good monday morning, good afternoon, or good evening. Welcome from where ever in the world you may be watching us thanks for starting on cnbc. Lets get to the money on your markets and futures. Theyre upcoming off a fridays hair cut dow futures implied up 135 points the dow falling more than 700 points on friday dow and s p 500 look on track to snap two month win streaks although we could turn it around tech also taking a beating on friday but its still been a great run so far this quarter. The big 5 fang stocks up an average of 29 since april 1st all of this ahead of a shortened trading week the markets are closed on friday for an early start to the july 4th holiday. Hard to believe that were already approaching july 4th anyway, treasury secretary and fed chair jay powell are set to testify on capitol hil ....

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JD.com to Create Autonomous Division, Blending 7Fresh Supermarkets with Digital Services

JD.Com, Inc (NASDAQ: JD) plans to establish an autonomous division by integrating its 7Fresh supermarket chain with various online services. The Chinese e-commerce firm reportedly focuses on an "Innovative Retail" initiative that brings together the 7Fresh supermarkets, the group-buying platform Pinpin, and on-demand services, Bloomberg cites familiar sources. Starting Monday, Yan Xiaobing, former chief of JD.com's international business will helm the new unit and report directly to group CEO Sa ....

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