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CNBC Squawk July 3, 2024

That comes up against the weak anecdotes we keep hearing about. The beige book did not sound like the robust economy. I dont know what you are hearing from the companies and everything. It is not robust news. The question becomes not so much the strong Third Quarter. The question is in the Fourth Quarter and if the fed wants and needs a slowdown to feel comfortable about inflation. I dont know if we have the problabilities available. The first is the tenyear note which is darn close to 5 . 4. 98...
Fourth Quarter Basis Points Red Arrows Mortgage Rates Stock Market Bob Pisani

CNBC Squawk July 3, 2024

Now. Amc up 10 . Sunpower corporation has dropped. Watch that volatility. And our good friends at black berry are up a little over 1. 5 after what was a wild, wide ride yesterday. Well talk more about that and the implications of that. Are we back . Are we back . Its like going in a time machine. Treasury yields, we should mention this. Copper prices hitting a record high overnight. 5. 02 per pound in an effort to build the global economist maybe something well talk about with our secret mystery...
Good Friends Record High Hedge Funds Guy Big Producer Prices Justice Department

BLOOMBERG Bloomberg July 3, 2024

This is bloomberg surveillance. Just about positive on the s p 500. The politics on dollaryen. Dollaryen positive. 4 . The boj governor meeting with the Prime Minister who says he will closely impact the impact of a weak yen on pricing. The japanese official snapping back saying if the market is functioning property there is no need but a suggestion that maybe it is not. Lisa all of this goes to say that people who are bearish on the yen are getting bolder. I wonder how much janet yellen will pu...
Prime Minister Janet Yellen Something Like Benjamin Netanyahu Norman Roule Like People

CNBC The July 3, 2024

Around. What it means for both disney and its ceo, bob iger. Plus keybank seeing an opportunity in one beaten down sector. Why investors should, quote, close their eyes and just buy utilities. That is coming up. But first, lets dig a little deeper and further into todays market action. As you can see, its generally negative, but we did see a little bit of slight positivity at one part today and the dow industrials down 0. 1 and well off the session lows and the s p 500 4303. At one point we were...
Opportunity One Five Points Upper End Middle East Oil Prices Oil Gas

CNBC Squawk July 3, 2024

Later on in the session. Will have more on what jay powells comments mean treasury yields here with tenyear yield at 4. 16 . Lets go to lindsey and talk at the same time fed chair jay powell said bringing down inflation will take longer than previously expected he cast doubt at the next policy move could be a hike. Its unlikely that the next policy rate move would be a hike i say unlikely you know, our policy focus is what i mentioned which is how long to keep policy restrictive. Thats all fine ...
Jay Powells Jay Powell Rate Hike George Bush Economic Projections Rate Cut

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CNBC Squawk July 3, 2024

When the 2 00 p. M. Deadline came and went. We will see what happens. These are happening not necessarily at this level, but all over at more campuses yesterday. South florida. You know, if you are watching, it could be any university at this point. Im not surprised to see it happening. Crazy. Everyone comes to these conclusions at the same time at every university. Very strange. Media news. Something that is easier for us to understand, i guess. This is not easy. Bob bakish is stepping down. Me...
Ceo Chris Mccarthy Chris Mccarthy Paramount Pictures Brian Robbins News Parent Parent Company

CNBC Power July 3, 2024

Upgrading the stock ahead of the results later this week. Tony will join us on friday to react to apples numbers after the stock is still down nearly 9 so far this year. The big stock mover of the date is tesla. Up 15 today, more than 15 . More than 35 in the last week. This latest game fueled by elon musk surprise visit to china and approval for full self driving in that region. We have what it means for tasley. Please give us a sense of what we know about this deal so far. Reporter leslie, the...
Stock Still Elon Musk Self Driving Software Software Launched Tech Giant China United

CNBC Squawk July 3, 2024

Meeting this week along with the jay powell press conference. That will be the focuses for the markets. Right now, the tenyear yield is just about where it has been the last tcouple weeks propalestinian protests continuing on College Campuses over the weekend some schools requesting Police Intervention to stop encampments. Jill stein was arrested at a protest. She said it was about freedom of speech which needs debate and dialogue at ucla, protests by propalestinian and proraisrael supporters an...
Jay Powell College Campuses Police Intervention Manufacturing Division Division School School Investment

CNBC Squawk July 3, 2024

Delivery numbers that are of importance for us. We dont know how big. No. Kellogg nova set to begin trading today at the nyse. Well talk to the ceo later this hour. We talked about the pain we got through in q3. A bunch of new notes this morning of top pick lists out of the major strategists. So were guaranteed some data. Maybe the fed wont be flying blind into the next meeting. Well get the big jobs report on friday. Well get the jolts report before that to see if job openings have come down an...
Big Jobs Job Openings Inflation Report Federal Reserve Bond Market Stock Market

CNBC Fast July 3, 2024

Why our traders are all sour about one iconic American Brands new name for its spinoff. Theyll corn pop off. What kelloggs did today. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, karen finerman, dan nathan, and guy adami. We start with the unstoppable rise in rates. 4. 7 for the first time in 16 years. It hasnt closed above that level since august 2007. Longer term bonds rallying, with the 30year hitting its highest since 2010. The move taking ...
American Brands First Time Going Higher Chris Verrone Government Shutdown Bond Market

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