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CNBC Power Lunch July 12, 2024

First lets go right to bob pisani for more on the market selloff today. We are off the lows but just barely 3366 was the low today, 3381 right now. Lets not quibble about a few points the damage is pretty widespread, but the general theme is cyclical stocks and stocks most associated with reopening stories are having a tough time of it. Energy, oil down about 3 at 1 , banks, which had a good time last week not starting off the week well, industrials, another cyclical group and defenses will sect...
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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

Fed call for urgent action. We are joined exclusively by dallas fed chief robert kaplan. And the debate, joe biden refuses to push back his next meeting with President Trump the white house rules out of virtual clash because of covid19. Quick check of the markets coming online, u. S. Futures right now up. 3 , after the close, we have the white house saying President Trump is open to Something Big or than the skinny bill. It has all been about optimism over stimulus deal, despite conflicting sign...
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DW Der Tag July 12, 2024

A plan to resettle hundreds of children from the camp elsewhere in europe. A fire has broken out in the ports in beirut weeks after the massive explosion which devastated the lebanese capital the army says the blaze started in a warehouse storing oil and tires last month a blast killed nearly 200 people and left 300000 homeless. The World Wildlife fund says wildlife populations have shrunk by 2 thirds since 1970 journey to forests being cleared for food the groups living planet report warns that...
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CNBC Power Lunch July 12, 2024

That debate this hour. Look at whats leading the dow now. It would be Goldman Sachs up nearly 6 . Apple and microsoft leading the tech heavy weights they are in the poll positions power lunch starts right now thank you, tyler stocks are near the highs of the session right now with the nasdaq leading this mid day turn around lets get over to bob for more kelly, it doesnt feel like it but its been a very volatile two days i want to show you the s p 500 believe it or not, we have moved in 100point ...
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DW Der Tag July 12, 2024

Electric short circuit at an army depo that stored mortars there were no reports of casualties from the explosion which took place in a remote area any friday a government spokesman told state media. The 1st case of african swine fever has been confirmed in a wild boar in germany according to the countrys agriculture minister the disease is not dangerous to humans but is fatal to pigs authorities have prepared containment measures to protect the countrys pork industry. This is d. W. News from bu...
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CNBC Squawk Box July 12, 2024

Markets with the best three months in decades. The dow saw the best quarterly performance since 1987 the nasdaq had its best gain since 1999 and ended the quarter up 30 take a look at the small cap up 25 since april 1 the best gain since the First Quarter of 1991. Because the First Quarter really stunk up the place the dow coming off the worst first haflt year since the financial kri sis. The s p still down 4 on the year yesterday was something to watch. We had all three major averages which did...
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CNBC Squawk Box July 12, 2024

Anything new its been at least eight months anything new going on with you . How is life, is it a little busier than before, any change whatsoever we need to know about . Less sleep, but, i mean busier. Not boozier busier i think all our lives have been boozier. But im so happy for you it must be great i told you that all along. It is the greatest thing i dont know if people know what were talking about, but how old are the babies seven months old. That is still hard. A boy and girl. Still hard....
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BLOOMBERG Bloomberg Markets European Open July 13, 2024

Mondays losses on the dow eclipse the first day of the wall street crash in the great depression, as the ceo of nasdaq says it is critically important to keep markets open. Macron callsuel for unity in the battle against the coronavirus. The e. U. Closes its borders, as im a trump admits the u. S. Could enter a recession. Unknown, volkswagen says the economic fallout from the pandemic is impossible to predict, as car plants across europe are shut down. Anna good morning everybody. A grizzly mond...
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FBC Making Money With Charles Payne July 13, 2024

Making money. Charles stocks sinking as markets are now looking to the white house to mitigate the Economic Impact as people shut in and nation shuts down. President trump meets with bank being executives in an hour as everyone holds their breath for answers. He was a noshow last night at the presser, stock futures turned decidedly south, pressure normally used to bully the Federal Reserve. This is it. America elected President Trump for this very moment. So what must he deliver today . I want t...
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KQED Nightly Business Report July 13, 2024

On Interest Rates. That was the take away from the central olbanks twodayy meeting where Interest Rates re left unchanged. Todays decision or perhaps better said nondecision follows three rate cuts this year, which was an abouface from from thet four inter rate hikes in 2018. Steve liesman reports from the Federal Reserve in washington. The Federal Reserve ended a momentous year forli monetary by launching what it one where the policy rate is likely on hold for what could be many months. The mov...
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