Stay updated with breaking news from Pop company. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
An antitrust lawsuit against google, characterizing its search and advertising business as a monopoly. Shares shrugging it off, up 2 well speak to a top analyst about what it could mean Going Forward for big tk and Tilman Fertitta is seeing bright spots in the country. Hell tell us where and why. Power lunch starts right now let me welcome you to power lunch as well take a look at some of the big names we are watching today. Netflix slightly higher ahead of its earning reports, that stock down about 4 . And no earnings boost to ibm, thats the biggest drag on the dow after reporting its Third Straight quarter of revenue declin declines and financials one of the best performing sectors thanks to regional banks, helping the rest of the group kelly. John, thank you we begin with the two big stories out of washington today. E ....
Join us for his first interview since trading began. Its a good day. The showdown between the u. S. And china over tiktok and wechat is coming down to the wire the white house saying downloads of the app will be halted on sunday get them while you can if you want them. We have the latest details power lunch starts right now as tyler mentioned, were watching big intraday sell off in the tech stocks the nasdaq down 2 apple down around 3. 5 lets bring in dom were just hovering right above the section lows thats sell off accelerating throughout the course of the last hour on the exchange. The dow industrials down 331 points over 1 declines 1. 5 for the s p 500 and in nasdaq continuing that volatility we have seen as of late down almost 2 here here is a key level to watch 10,995 what that represent s the 50day average price for the nasdaq composite. Remember, were still not that far away from record highs we will continue to monitor whether we find a bid. Some would argue the valuations are ....
Have set new alltime highs today with corporate earnings sending some mixed messages to investors. And the target miss rippling through the market, were seeing some take a hit. Joining us for the full hour, paul hicky, cofounder of the spoke Investment Group do you see any interplay between these big stories that were watching today so i think combined, they play into themes that weve been looking at coming into the year. So the pros and cons of the market heading into 2020 now, were pretty much evenly split. And the target could be a sign that maybe the economy is a little bit weaker than people are seeing were seeing weaker than expected data. On the positive side, were seeing the market continue to hit new highs. And the number one positive we look at is dont fight the tape. When we see new highs like this, you dont want to fight the market and trade is important its not necessarily a positive or negative, but at least weve g ....
Worldwide exchange begins right now. Good morning happy friday welcome to Worldwide Exchange on cnbc. Im sara eisen im wilfred frost very good morning to you from me as well. Happy friday indeed. Lets get to the Global Market picture. Coming off a day of slight gains. As we stand before todays moves for the week, we are looking at slight gains as well the nasdaq the leader up 0. 4 . Healthcare down about a half percent. The s p and dow are up just slightly for the week as a whole. As you can see, were expecting slight gains for the nasdaq, slight declines for the s p and the dow as well. The rise in yields has been global, its been pronounced, but it has just cooled off a bit in the last day or two, certainly higher than where we were about a week or so ago. 2. 31 on the tenyear today is the last trading day of the Third Q ....
The nasdaq indicated up by close to 7. 5 points. In asia, you will see the nikkei actually was flat. It was down by 0. 03 hang seng was up bay half percent. The shanghai composite was up by 0. 3 in europe, in the early trading, will you see that right now it looks like things are mostly positive the dax is up by 0. 3 . The ftse up by 0. 6 . A couple big stories uber saying its ceo will head to london to meet with the transportation commissioner of london they will discuss londons decision to strip uber of its operating license. This coming 24 hours after theresa may called londons decision disproportionate. So uber may be back in business in london. Joe mentioned this earlier, big deal in my world ikea announcing its buying taskrabbit, it leets users to hire people to taskrabbit . I know this only because andrew has been into the idea of getting people do stuff for him do you like farming things out. Having underlings do your stuff. I see that here. When if possible. Kates not here tod ....