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Us treasury secretary janet yellen called the downgrade arbitrary and said Economic Conditions had improved under the biden administration. The news of the downgrade came after the close of trade on wall street but in asia investors have been pulling out of equities in reaction. Lets look at markets now in asia. Japan is currently down by over 2 . Hong kong not that far behind. This was off the back of yesterday, and most of this week we have seen the sharemarket, certainly wall street and asia having a strong session but this is certainly spooked sentiment. Lets discuss this with tom stevenson, whos an Investment Director at fidelity. Good morning. Janet woody allen saying this is arbitrary. I have her statement janet yellen and she said she strongly disagrees and says it is based on outdated data. That is based on outdated data. That is riuht. Is based on outdate ....
And company. Shares of Donald Trumps social media falling yesterday. The staggering stat on how much of value the former president lost in the wipeout. Our look at the best ideas for q2 and beyond. The magnificent seven member our next guest says will keep delivering returns to shareholders. Its tuesday, april 2nd, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you for being with us. Lets get you ready for the trading day ahead. We kickoff the hour of the check of the stock futures after the mixed start to the trading week. The dow and s p posting the neg negative. The dow would open up 170 points lower. We will watch that throughout the morning. And the bond market with the yields popping on the back of the pce report and hfmanufacturg data. This ....
Inflation numbers are up. Sharper than expected. You are looking at yields at tenyear at 2. 6 . We have news breaking overnight. Uk watchdog giving the green light to the microsoft 69 billion takeover bid of activisionblizzard. It removes the hurdle for the deal to close. The regulators said this deal would stop microsoft from locking up competition in cloud gaming and preserve customers. In a post on x, brad smith said we are grateful for the review and decision today. We crossed the final regulatory hurdle to close the deal to benefit players in the gaming industry worldwide. This has been one for the books. Saga that i dont think anyone was anticipating would go on this long. Given all of the regulatory hurdles. Maybe the ftc. And cma. There was a question of if they would ultimately approve it. 22 months. A long time coming. A lot of questions of what this means. Just about every deal will be questioned by the doj or cma. Microsoft took the extreme steps and saying we will do whate ....
Delivering the profit much earlier than expected . Delivering the profit much earlier than expected . Yes, it was a huge surrise, than expected . Yes, it was a huge surprise. Disney than expected . Yes, it was a huge surprise, disney has than expected . Yes, it was a huge surprise, disney has been than expected . Yes, it was a huge surprise, disney has been trying i than expected . Yes, it was a huge i surprise, disney has been trying to adapt as people ditch cable tv and switch to streaming services and they promised wall street that its Streaming Business would become profitable by september and here we are, ahead of schedule, because since disney plus launched in 2019 to compete with netflix it had been losing money, but now for the first time disney plus and hulu have turned a profit and executives say the full rate streaming portfolio is on track to become profitable later this year, so you think that would become great n ....
The main body of the plane on certain 787 dreamliner aircraft. Bonding and grounding is vital on a plane because it prevents static build up, think of it as electrical safeguards. Boeing credited a South Carolina worker who saw something they felt was wrong on the Production Line and came forward and reported it. Cutting corners at work is something that many of us may have been guilty of at various times in our lives. But given the frequency with which Quality Control issues keep coming up at boeing, the airline has a long way to go to regain the trust of the flying public, its customers, the airlines as well as lawmakers. Lets ta ke lets take you to france where the chinese president is meeting with the french president. They are in the french president. They are in the nice airport. Its like break in normal protocol ....