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June 21, 2024
Good morning everybody. Here are watching market on Bloomberg Television. We are not going to waste time. We have a big gap this morning. We will take you to the top level business stories of the morning. Shares of walmart are rising. For the first time in almost two years store sales rose in the United States. It was not by much, just 1. 5 . That the ceo Doug Macmillan is making big promise in his turnaround plan. It is a match made in marketing heaven. Shrek and the transformers. The toymaker ...
June 21, 2024
Support for Housing Finance reform. Believes it is still too difficult for Many Americans to get a home loan. Money has been recovered for customers investing with bernie medoc. Funds haveislands agreed to pay a combined 500 million. If the deal gets approved 59 of the money lost will have been recovered. Bitcoin will be back on the auction block. Government will sell 15,000 bitcoins next month, worth 19 million at current prices. Snapchat and square are teaming up. According to a blog post snap...
June 21, 2024
Castro also believes it is still too difficult for Many Americans to get a home loan. More money has been recovered for customers investing with bernie madoff. Two Cayman Islands funds have agreed to pay a combined 500 million. If the deal gets approved 59 of the money lost will have been recovered. Bitcoin will be back on the auction block. The u. S. Government will sell 15,000 bitcoins next month, worth 19 million at current prices. Snapchat and square are teaming up. According to a blog post ...
June 21, 2024
It is positive. Nine days of the last ten trading sessions. S p 500 also on track to close at a record high for the 52nd high in 2014 and nasdaq just turned positive for the month of december. And is trading around the highest level since back in 2000 and a close eye on the russell 2000. The index of small caps trying to close at a new high. We are seeing intraday records for the First Time Since june. If it does close at a record, thats the First Time Since back in march. And just think last oc...
June 21, 2024
Degree. The real question is, why . Is black friday dead as an entity in the Holiday Shopping season . Well get into that and more. We did all those stories leading up to black friday suggesting that it was losing its cache. In fact, that its goneful left the building just like elvis and hearing from tony hsieh. Now starting to open up brick and Mortar Stores in vegas and a popup store open 24 7. Almost a showroom. Perhaps a glimpse into the future of retail and where hell be coming to us from a...
June 21, 2024
Treatment. Today was one of those days. At the open the averages soared 1. 5 tonal selloff viciously for the rest of the session. Dow closing down 27 and s p declining. Nasdaq dipping as well. It was a brutal ugly and irrational move. Dow was down 400 from where it opened. First off accept the fact this is a different type of market than we have become used to. The averages higher in general, all the way up to this level. It has been a healthy advance. During that period individual stocks or seg...
June 21, 2024
Consumers but the opposite still seems to be the case. This market likes it when oil is moving higher. Last thursday lets all recall oil hit a low of 43 and change. Now were almost 10 above that right now. Almost 25 gain. I will mention Brian Reynolds just hitting the tape saying he thinks this will help stocks fend off some of the weakness we have seen wreryeartodate. There is certainly a lot to watch. Not clear at all just what this move will even. Aetnas sew Mark Bertolini is joining us in an...
June 21, 2024
Markets. Theyre a little under pressure this hour. A bit of a soggy start to the trading week. The dow currently off by 46 points. The nasdaq has gone positive though. Its up just very marginally. The s p is down by two points at 2,053. We also begin with a major meeting at the white house over the crisis in ukraine. Germanys leader Angela Merkel and president obama trying to show a union id front, but the two are at odds over whether to arm ukraine. Chief International Correspondent michelle li...
June 21, 2024
Some how knit our city together. He wants a temporary pause to weeks of protest. The Surveillance Video capturing the shooter. Last night the widow spoke out publicly. We will get through this together. A major storm in time for the holiday getaway. This is going to push off to the east. It does look like travel will be difficult. Difficult. We are not going to comment except to say as we implement the responses, some will be seen, some may not. Go, go go. Drivers terrorized by road rage on a fr...
June 21, 2024
Skies for the most part between now and thanksgiving will again i sunny one conditions each and every day i have a small system on again friday night into saturday giving some late grain that will primarily target the north they become the surprise of the get a few extra showers elsewhere james 01 system looks reshaping the backed the likely impact the entire bay area and sunday been returned for a lot of folks could make your travel back to the bay area a little on the messy side even next week...