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Outlining plans to diversify away from china. A monday merger on tap and possible 4 billion vanilla cream filled deal. And instacart ready to kickoff the ipo, but appearing to be far from the hey day of 2020. It is monday, september 11th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Well welcome to the show. Im dominic chu in for Frank Holland. Lets kickoff the show with green on the screen with the nasdaq and s p coming off 1 losses last week, but for the time being, the dow is higher by 75 points. S p is higher by 18 and the nasdaq higher by 21 points. For the transp...

Bet pay off . First, a record run for stocks the dow and s p posting the best first threequarters to a year since 2013 the race for your money, if youre trailing the market, like in a horse race, what can you buy to get back in the saddle by the end of the year, catchup trade. Theres a fun little graphic, Kentucky Derby what can you buy to get back in the saddle again back in the game. Citigroup, citibank, whatever they call themselves, thats what you do. Karen finerman, she fast pitched this thing a couple of weeks ago. Stock has done well. The reason why we picked this up with amongst the ot...

But really and meeting. Opening up society. What we were talking about just now, we met all sorts of women who were saying ive owned a car for a decade but i have a driver who takes me to and from work and i cant wait to learn how to drive lot are starting to learn how to drive but in terms of how the culture is moving. Saying publicly they are looking to are a more moderate society essentially. By the way more moderate form of islam this is not without controversy though im sure. There is a huge other side. Hes pushing through, trying to push through this transformation and theres economic, b...

Happen because the journal story last night, also about the huge i think its 7 or 6 of the market are now owned by etfs, which is great until its not. There is a growing group of folks who are thinking if were just buying stocks en masse, will any reversal like the qqq, 100 stocks effectively. But five stocksmake up 40 of the index. So thats why people say, why do you talk about these stocks all the time because their weight matters. Theyre so powerful within the index. Earlier today, i was looking at the s p 500, there were probably only 75 stocks that were positive on the day. By the way, th...

So tastes like a guinness. A little early. Im Andrew Ross Sorkin. Joe kernen is here becky has the day off. A lot of news to get to. Dow up about 26 points nasdaq up about 5, s p 500 up about 2 1 2. Lets show you overnight in a a asia, green arrows across the board. And european equities well also show you, its green, green, green. And if youre buying wti crude by the barrel, oil is moving higher on news of a sharp drop in u. S. Oil supplies wti crude right now at 48. 29 today well get an Interest Rate decision from the fed this afternoon. Wall street is widely expecting policymakers to keep r...