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That. A modest down trend. Tomorrow, though, thats the big jobs report. Almost certainly the worst in history. Okay. But look at this. A rotten economy and a Big Stock Market rally. We get a lot of inquiries as to why is this happening and the short answer is well, the market looks to the future and its clearly seeing an economic recovery, and the trillions pumped into the economy are very much appreciated. Put it like that. The dow is going to be up over 300 points at the opening bell. Thats better than 1. 3 . A similar gain, 1. 5 for the s p. Look at the nasdaq go, up 1. 5 . Thats because of...

About 2. 4 you are looking at additional declines the dow has improved we were down about 443 now we are indicated down about 366. S p futures indicated down about 32 all major averages saw declines but the dow was the biggest. S p off by 1. 8 . Nasdaq down by just 1 yesterday. A lot of it as we watched oil prices under pressure. Lets check thetreasury market 10year yielding below 0. 6 at 0. 0. 58 . Oil prices yesterday, nobody has ever seen anything like this no. Lead story went to minus 37. 63 a barrel. No place to put it people would like to store it. More people watching june switch over j...

Im eric thomas. Im dion lim. Now to the coronavirus pandemic and how it could lead to a legal battle for one bay area county. It was a fierce barrage of tweets by Tesla Ceo Elon musk. He says hes suing Alameda County over the shelter in place order that doesnt allow tesla to resume manufacturing operations and he may not stop there. Reporter Cornell Barnard is live in fremont with the story. Cornell . Reporter yes, eric and dion, things are moving very fast this afternoon. Abc 7 news learned that elon musk indeed filed an injunction against Alameda County to allow this plant to reopen. Musk is...

Obvious pin action when a report earnings after a strong day, dow gained 138 points you know what . How about go for the best in th session . Why dont we start with the excellent work as commodity sending truly terrific numbers last night you know what they did they call the bottom we had ceos on our show all the time i spoke to him on squawk on the street. Watch this that matters. If you are going to get a read that actually help you make money otherwise, it is all bladder. Sanjay has been in every quarter. Inventory is down on a reasonable level he said he would be buying the stock back, his...

Also taking comments from top fed president. Trade turmoil, white house economic adviser larry kudlow signaling new in person trade talks with china and ecommerce on alert a new porch pirate threat that could have Online Shoppers running to protect their picnic baskets. Its friday, august 23rd and Worldwide Exchange begins right now. He faces one of the most divided Central Banks we have seen in ten years. Those comments are due out at 10 00 a. M. And well take you there live on cnbc those comments will be the ones traders pay the most attention to today now the stock futures indicating a high...