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June 23, 2024
Letter from ralph nadar says she should seek advice from her husband. Good morning, everyone. It is 5 00 a. M. On the east coast, 10 00 a. M. Here in london. Quick peek at u. S. Futures this morning and were seeing some softening. The s p 500 seen off by 8 points. This is after the dow, the s p and nasdaq all closed lower in the trading session. 6 billion shares were traded versus 7 billion on average. So thinning out as we approach the thanksgiving holiday. Lets get back to one of our top stori...
June 23, 2024
Thanks very much. We have a puzzle here. I have the rapid update of gdp in the Fourth Quarter but the data which leads to a downgrade also makes economists optimistic. Here is the data. Q4 tracking 2 . That is down 0. 3 because of the data this morning. Q3 gdp 2. 1 . Thats tracking right now. Here is the Fourth Quarter outlook. Bank of tokyo mitsubishi at the high end at 2. 8 . Goldman sachs, barclays at 2 . Atlanta fed gdp, 1. 8 . Morgan stanley at 0. 9 . Here is the data that brought down the ...
June 23, 2024
The s p is higher by 1 while the dow is fractionally lower. The russell 2000 dropping 6 in a month. Take a look at u. S. Equity futures this morning. Did you check those before you came in. Nice, right . Or were you waiting to see. I didnt know what numbers were. S p 500 looks like it will be up by nine points now. If it were to open up now it would be open 23 points. Have someone that drives me in. I know all of this stuff. Foreign exchange. But it changes often times. No, no, pretty good idea....
June 23, 2024
Terrorism. John harwood will join us from the white house. Before we do that, lets get up to speed on this mornings other top stories. Michelle . Lets start with oil. Crude prices dropping after fridays opec meeting. As a result theres no agreement on output targets. In fact, the cartel didnt even mention a quota, something we havent seen in decades. Analysts say this is a message that opec or saudi arabia is willing to deal with low prices. You can see wti is back below 40 per barrel. U. S. Gas...
June 23, 2024
Markets. The shanghai comp reverses early losses and closes higher. This as the imf is adding the chinese currency to its volatile basket. Japans pension plan having a huge loss. Good morning, everyone. Lets get straight back to our top story. World leaders have been arriving at the venue of the comp 21 Climate Summit. French president hollande is welcoming 150 policy makers. President obama, xiin pi have arrived already. Chinese president said its very important for the u. S. And china to follo...
June 23, 2024
Well xblor. A weaker than expected report on manufacturing out this morning. Will this change the feds mind about the strength of the economy . Steve liesman joins us now. Were looking at a contraction here. In the Manufacturing Sector. The belief is that fed will look through this week, at least for a while in manufacturing. The reason is because it seems the result of a crash in the oil and gas industry, a strong dollar and weak overseas growth all risks the fed knew before the report. The num...
June 23, 2024
Gunmen have taken 170 hostages at the Radisson Hotel in malis capit capitol. Europe has no time to waste. Theyre calling on ministers in brussels today to cooperate in the fight against terrorism. Shares in nike are on a run after they reveal a 2 for 1 stock split and 12 billion buy back program. Good morning, everyone. It is friday. Lets take a quick peek at what u. S. Futures are doing early hours. What we saw yesterday was a pretty flat day of trade. We saw the dow jones off by a couple of po...
June 23, 2024
Folks . Hes making a big difference. And the Company Square is coming around later today getting ready to go public. Pricing tonight. We ask is the Unicorn Party about to end. Mandy . But we do start in paris where Police Hunting for the suspected architect of the terrorist attacks raiding an apartment, two are dead and several arrested. The french prosecutor is set to hold a News Conference any moment now, so lets get to Michelle Carusocabrera who is live in paris. Michelle . Reporter and we ar...
June 23, 2024
Many rate hikes evening will come the next year and whether he sees a global turn around. If youre betting on a global turn around we will tell you which beaten down stocks could go from zero to hero next year and tell you whether facebook and netflix could flat line. We will have mike santoli on that coming up. Plus the new reports says wells fargo sales practices are under investigation. We will bring you the details ahead on the closing bell. Lets start with this cyber monday story. Courtney ...
June 23, 2024
Mount. The Energy Sector leading higher in europe after a sharp rally in asia. Vw pays the price for its emissions scandal as auto sales slip in october and the german auto maker losing market share to rivals bmw and diamler. U. S. Secretary of state john kerry has just arrived at the palace in paris for a meeting with hollande. This after he called on the u. S. And russia to unite in the fight against the isis in syria. France has launched a second night of air strikes on the country in the wak...