Shocking news, an outspoken founder leaving the company. And beta bearing down on the gulf coast as they brace for another storm. This is Worldwide Exchange right here on cnbc good morning, good afternoon and good evening thank you for joining us to start your week and lets get a check on your monday money and its looking like the sell off we have seen recently. Its early but stock futures are down 500 on the dow. Nearly 200 on the nasdaq theres a ton of news out there today. Well get to all of it in a moment but theres two big and important things happening that you have to Pay Attention to right now. Number one, the s p 500 has fallen three weeks in a rowand it just flows below its 50 Day Moving Average for the First Time Since april two, the biggest stocks are beginning to underperform. Some of them meaningfully. Take a look at these the s p 500 dropped 5 this month. But the biggest tech names, names that you know, theyre down 11, 12, 13 apple, down 19 in the month of september. Rem
Shall observe. You will see the memorial event unfold throughout our program today. The stock market trading begins at 9 30 a. M. And were at a modest gain after yesterdays late and very big selloff, the dow is probably going to be up 90 in the modest gain for the s p of 37 on the nasdaq. That is at the open. We have no idea how the market closes today. Look at this, peloton, the stock of the day if not the week terrific Earnings Report, huge increase in sales and a rosy projection for the future. Watch that stock go. Peloton is up 9 at 97. I have three quick headlines for politics and money. Microsoft says russian chinese and iranian hackers are targeting the 2020 election. No impact on the stock of course but this is a clear warning. Joe biden is embroiled in a teleprompter dispute. Does he use one to help them answer questions. Surely that is out of balance but articulate president ial candidate. In the nfl is back completely protest into and thumbs you will see it all. September 11
Were affected but no sources of drinking water. 74 people have died after a fire broke out on a moving passenger train. The blaze was caused by [indiscernible] survivors say it took the train nearly 20 minutes to come to a halt after the fire began. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im ritika gupta. This is bloomberg. Shery live from bloomberg World Headquarters in new york, im shery ahn. Amanda live in toronto, im amanda lang. We are now joined by our bloomberg and bnn bloomberg audiences. Here are the top stories we are following from around the world. China is skeptical about a longterm trade deal. Sources have told bloomberg chinese officials will not budge on the thorniest issues, even as the two sides inched toward a phase one deal. Another blow for Canadas Energy sector. Driller announced its plans to move its headquarters to the united states. Maker ultra is taking a 4. 5 billion c
By 11 00. South bay High Temperature up into the mid70s for the south bay and even up to 80 in gilroy. So well have a look at the rest of the week. And mike, you found flashing arrows . Thats right. These are 101 pushing folks over to the right at willow. And that is pretty usual for the construction spots. We havent seen that zone for a few weeks but back again. Note that as the crew moves, there will be traffic breaks. Meanwhile here at the bay bridge, reports of a disabled vehicle getting away from the span. No problems getting to the span. Ill check if we can spot what is going on as you leave the toll plaza. A teen girl is dead and another boy hurt, this is after a kublg shooting double shootin antioch. Did not find any victim but a short time later two 17yearolds somehow managed to get themselves to the emergency room. The girl died. Police say the gunman is not in custody. The results still coming in on some of the bay area election day races. Others including San Franciscos may
Hello, yes indeed. Also. You will be talking about how people are reacting here in stoke on trent to the tumultuous events of the last few days concerning brexit and the vitriol that has been expressed by both sides. I shall talk to you shortly. Also this afternoon President Trumps top intelligence official faces congress over a whistleblower complaint that sparked an impeachment inquiry. Coming up on afternoon live, all the sport with holly hamilton. 242 with 2a2 with england at the world cup and a conference victory over the United States put them top of the group. All reaction to 30 pm. At 2 30pm. Thanks, holly. Stav danaos has all the weather. Into the weekend, we could be looking at a potent area of low pressure, heavy rain on saturday night into sunday with also some strong winds as well, all the details a bit later on. Thanks, stav. Also coming up the duke and duchess of cambridge are to name the uks new Polar Research ship. No, not Boaty Mcboatface, but the sir david attenborou