42yearold record what is that speaking with one band taking Live Performances out of the clubs into your living rooms it is friday, july 24. This is Worldwide Exchange on cnbc good friday morning, afternoon or evening welcome from wherever in the world you may be watching. I am brian sullivan. Thanks for ending your week here let us start with how your money is shaping up. Futures are lower right now. It looks like a continuation of steep declines the s p 500 snapping the fourday win streak. 85 or 85 of the nasdaq 100 dropping yesterday the socalled work from home trade getting hit hard citrix systems, zoom all falling back in the premarket with stocks down, what has been working . Gold gold just keeps running higher in fact, the highest trade up again today. 1,894. Well dive into the gold rise later in the hour. Lets see how the rest of the world is doing on this friday. For details, here is juliana in london good morning, brian we have a lot of red on the board here in europe as stoc
He c. E. O. Of verizon, Hans Vestberg as we proceed throughout the hour. Francine european economies are starting to claw their way out of recession and we had encouraging p. P. I. Physician and the confident p. M. I. Jumped to 54. 8 with the services and manufacturing sectors expanding. Joining us now from paris is william, the Bnp Paribas Group chief economist. It feels like this was a good week for europe. We have the p. M. I. More than expected and the Recovery Fund. If you look at job losses theyre going to get ugly in europe. William that is a concern i have if you look at the p. M. I. Data today. What strike is that yes, manufacturing significantly and new export levels in germany are just flying but the employment series is showing that companies are under no intention whatsoever to increase hiring and on the contrary. Thats a concern. Its a concern because the recovery will depend on what households do, how much they spend and they need confidence. Alix what is going to give t
Hurricane dorian is still pummeling the islands as coastal states prepare for the worst its tuesday, september 3rd and Worldwide Exchange begins right now. Good morning, good afternoon, good evening and welcome from wherefore in the world you may be watching. Thanks for tuning in to Worldwide Exchange live on your screen right now its Hurricane Dorian, the monster storm will not move. Its sitting over the bahamas doing incredible damage over the weekend. All of this as they all declared states of emergency. Well give you more coming up in a few minutes. Heres how your money and Global Markets are setting up tuesday coming off one of the best weeks of the year last week. A very different story today down 189 points. All of this as the latest round is taking place over the weekend and beijing filing a complaint with the World Trade Organization as futures fall, bond yields are down fractionally begin. A benchmark yield. That is a negative real yield effectively. If you get this income an
Tariffs and no differential support. So, in general, im in favor of no tariffs french president Emmanuel Macron tells cnbc that europe can develop into a tech hub and he wants to see the regions a. I. Startups close the innovation gap on the u. S. And china. I think it is good for the u. S. Ecosystem to have a vivid and vibrant and ambitious european ecosystem it is in the best interest we need more europe. European markets are on pace for their steepest daily drop in five weeks tracking wall street in the red as stubbornly high data throws the rates in doubt. And janet yellen calls for g7 countries to tackle overcapacity as Bruno Le Marie speaks out. The war in neither in the interest of the u. S. Or china or any country in the world we need an assessment of the situation. Hello and good morning weve got a busy show ahead of us lets get rolling here elon musk insisting he does not support the biden administrations announced tariffs on chinese evs this after washington slapped a 100 bo
Investors. Novozymes shares suffer the worst falls after it cuts guidance. Clear as mud. Markets await a data dump from the bank of england with everything due at once. This is sterlings super thursday. Coming up on the show tonight is the night. The first gop debate and John Stewarts last ever daily show but which one are you tuning in for . Were finding out. Plus could tesla have a deal with uber. Find out what has analysts speculating. Facebook serves another blow to twitter as it launches a Video Streaming Service but dont extreme to see Worldwide Exchange team on there yet. Well explain why, later. Yesterday a pretty strong day largely because earnings were impressive for european stocks. Today a slightly soft performance in the market and that comes out because of soft earnings from various companies. Lets look at the sectors, gainers and losers for the year. Stoxx 600 and its oil and gas wallowing at the bottom of the performance. Thats because oil prices having slid on monday s