Xloo a well have the stocks seeing the most buying by its own execs. You have to hear the names and you will, on this thursday, november 19, this is Worldwide Exchange. Welcome from wherever in the world that you may be watching thanks to everybody for joining us here is how you your money are setting up their day you can see futures are down across the board dow futures off about 131 points right now, nasdaq down 58. This coming off a little more selling on wednesday, major averages all lower even though recently super strong smaull caps tumbling 1 . You cant go up every day. But one thing this did go up, is the vix. Something to watch the markets may be getting more jittery, perhaps covid strikes, the election, whatever it is, just take a lack at the vix. Well off recent highs but up 5 yesterday. And julianna has a look at the early trade. Good morning. It has been a tough start for european equities. We have red across the board, every major region trading lower. And this of course
We are going mostly down. Trump has used his executive powers to ban investments in companies that are associated to the Chinese Military. Lets look at some other asset classes. Dollar index unchanged. The euro, which has been under the caution with the dollar. Crude, just dropping below 40 bucks a barrel. We have the surprise stockpile gain in the u. S. Gold price moving up as well. Goldman sachs saying they are bullish on not just gold but also copper. Lets move to what is happening first word news was. We get over to new york and joined karina mitchell. Karina the chances of a new stimulus package in the u. S. Are receiving with the white house saying sources tell us gop leaders will not lead any of the talks. Mitch mcconnell has been more distant from a democrat proposals, reducing the chances of a new deal. The Federal Reserve is again warning fiscal stimulus is required to support the u. S. Economy as potential vaccines may not end the economic fallout from the coronavirus. Chair
Thought to be controlled by the Peoples Liberation army. And policymakers seem less likely to go down that route decide besides providing support for a long time. Shery lets take a look at how we are setting up an asian markets. Looks like trending a bit lower in sydney. U. S. Stocks really doing pretty taking overrallies adding to concerns about tougher lockdown measures with the existence of an effective vaccine. Downside about a quarter of 1 and that market along with new zealand looking pretty overheated after the recent run of gains. Continuing to push back expectations for negative rates. Chicago futures moderately positive at the moment. The yen seeing a little bit of a gain but we have seen a new daily record for Coronavirus Infections in japan this week. Authorities hinting they could need to take stronger measures to halt the increase in the spread. S p acted futures up by. 2 sessione active cash sank as much as 1. 5 overnight. Shery lets turn to our top story President Trump
Now, one third of the economy is back under partial lot. Six more regions in italy saw curves tighten. Florida is bracing for a second hit from at a bank. It now has top sustained winds of 75 miles per hour. The storm has been in the gulf of mexico. Forecasters say the western part of the state could see up to four inches of rain today as well as flash flooding. Global news 24 hours a day on air and on quicktake by bloomberg. Powered by more than 2700 journalists and analysts in more than 120 countries. Im Mark Crumpton. This is bloomberg. Im vonnie quinn welcome to bloomberg markets. Today inuturn rotation trait. Stocks climbing as big tech rallies. Fromt perspective later on a guest from oppenheimer. I will be speaking exclusively with the ceo, chairman, and cofounder of marathon asset management. Marketsest case for the as coronavirus crashes through europe and the United States. As joe biden ones of a dark winter, Companies Like carnival and American Airlines are racing to raise mo
Manufacturing index hitting its best level since november 2018 but tech stocks as we mentioned lagging. The nasdaq is in the med as apple, amazon, microsoft all trade lower 59 minutes left in the session. Back off the lows. Coming up on todays show, ever corps founder roger altman on how the outcome of the election could affect your machine. Plus mond leez and paypal report earnings after the bell we will bring you all of those nbc first on cnbc with mond leezs ceo as soon as those numbers come out. We start off the month of november with gains after a down ep to october. Bob pisani is tracking some of the action. It is turning out to be a fairly simple narrative to understand today that is investors are choosing stimulus over stayathome plays. Let me show you what i mean. There is a belief there ises going to be very gig stimulus coming somewhere down the road again. Thats taken hold here look at the s p 500, up. Wait look at the small caps, up almost twice as much generally the bep y