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June 24, 2024
Many earnings. We are seeing the nasdaq with the lows of the session with the facebook effect dissipating. It was off slightly lower. All three major averages now the lowest of the session. Unless something really, really dramatic happens in the next 24 hours today we are matching the secondlongest bull run ever for u. S. Stocks. Tomorrow we will have surpassed it and be the secondlongest bull run ever. Here are the longest. The white line is the current run we have had a goes back to march of 2...
June 24, 2024
Brent lower by a dollar, back below 40, decline of 2. 6 . More on the markets in a moment. First we kick things off with tensions running high on the campaign trail politics turning violent. This weekend, the fists come at a trump rally in illinois. The gop frontrunner blaming Bernie Sanders backers. Look at that person, that foolish person. All right, get them out of here. Get them out. Send them back to bernie. Send them back. This isnt the first time violence has erupted at a trump event. Wat...
June 24, 2024
Futures down 35 points. S p futures up close to 6. Nasdaq down by close to 11. If you take a look at whats been happening in early trade, you do see green across the board. Angela merkel was dealt with a setback with election theres. The dax is up by 1. 5 . Cac up by. 33. Ftse,. 50 . And bank of japan with a meeting today. And here are some of the big stories that we are watching for you on this monday morning, the u. S. Condemning the latest attack in turkey. Leaving 37 dead, 125 injured. Offic...
June 24, 2024
Children at a park. A political faction of taliban claiming responsibility. The park was crowded with christians on an Easter Sunday outing. A spokesman said the attack deliberately targeted the christian community. Many muslim among the dead as well. The explosion injured more than 300 people. Among todays top stories we had a couple of things. Microsoft reportedly in preliminary talks with private equity firms to help finance a bid to buy yahoo . This is according to several reports. Executive...
June 24, 2024
The global underperforming coming from the nikkei, closing down three for a percentage points, catching up with dollar yen. Switch up the board and we would get to the fx market. We it is a weaker dollar story on the euro. That is a yeartoday high. Just coming in a little bit following where crude is going down by. 6 of 1 at 45. 66. Lets get across matt a couple of them are the stories we have been watching all weekend long. Yesterday afternoon is when we found this out, right . It feels like ye...
June 24, 2024
Climate is impacting the outlook for the american economy, which includes everything from taxes to jobs to foreign trade. And these forecasts are something investors are watching closely since the economy only grew at 1 in the final three months of last year. Steve liesman breaks down the results of the survey. Interesting results from the cnbc fed survey. We asked a bunch of political questions and what you see is of our 42 respondents, 56 say the campaign is negative for the economic outlook. ...
June 24, 2024
Climate is impacting the outlook for the american economy, which includes everything from taxes to jobs to foreign trade. And these forecasts are something investors are watching closely since the economy only grew at 1 in the final three months of last year. Steve liesman breaks down the results of the survey. Interesting results from the cnbc fed survey. We asked a bunch of political questions and what you see is of our 42 respondents, 56 say the campaign is negative for the economic outlook. ...
June 23, 2024
And today Morgan Stanley said oil prices could plunge even further to 20 a barrel if the dollar continues to strengthen. And thats something capitals john kilduff said was possible about a year ago on nightly Business Report. Were in the beginning part of the price zone right now that hurts production in a big way and starts to reverberate through the economy, the manufacturing economy especially. It will be particularly painful if we do break the 40 level and then if we do break the 33 level, w...
June 23, 2024
And today Morgan Stanley said oil prices could plunge even further to 20 a barrel if the dollar continues to strengthen. And thats something capitals john kilduff said was possible about a year ago on nightly Business Report. Were in the beginning part of the price zone right now that hurts production in a big way and starts to reverberate through the economy, the manufacturing economy especially. It will be particularly painful if we do break the 40 level and then if we do break the 33 level, w...
June 23, 2024
And today Morgan Stanley said oil prices could plunge even further to 20 a barrel if the dollar continues to strengthen. And thats something capitals john kilduff said was possible about a year ago on nightly Business Report. Were in the beginning part of the price zone right now that hurts production in a big way and starts to reverberate through the economy, the manufacturing economy especially. It will be particularly painful if we do break the 40 level and then if we do break the 33 level, w...