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July 16, 2024
If confirmed, she would be the first woman to hold the position. Promising stynes leader to have u. S. Coronavirus Vaccine Program says astrazenecas shot could halt severe covid. Welcome to the program. Futures in europe pointing higher. Futures in the u. S. Pointing higher and a number of uncertainties removed from the markets thinking over the last 24 hours or so. One of them is who is going to be treasury secretary. Somebody the that market knows ery well in the shape of janet yellen, somebod...
July 16, 2024
Nominees. And, election security. It is at the top of everyones mind. What the cloud flare ceos company is doing to thwart cyberattacks. Plus, highlights from my interview with Disney Ceo Bob Chapek in the last hour. Disney plus shares jumped in afterhours trading. First, lets get up to speed with all of this market move. Tech dominating the day. Mastec registering its best day since april. Abigail doolittle, what a day. Abigail the nasdaq 100 having its best day volatilead all of this action, s...
July 4, 2024
Downright unnerving. Were now looking at the other side of what the feds been doing to stamp out inflation, and its a big reason why the dow lost 199 points. The s p shed and the nasdaq 1. 06 . Were going have to learn with not a collapse in commerce, but definitely a slowdown. Along with the decline in profitability that always comes at this particular point in the business cycle. Each day we see more of these cracks. Extremely disappointing numbers from southwest airlines, luv. But there was n...
July 3, 2024
Stuart good morning, everyone. More encampments removed, tear gas used at the university of arizona, arrests at upenn. The president of cornell stepping down, and at a George Washington university only 6 of the 33 arrested were students at that college. Weve been looking at outsiders organizing campus chaos. After President Bidenen threatened an arms embargo, Prime Minister netanyahu says israel will stand alone. Theres fierce criticism of that embargo. House republicans threaten impeachment, an...
July 3, 2024
Nasdaq up by 10 points. Halfway through the trading month of september, the dow is down by. 3 for the month to date. The s p 500 down by 1. 3 and the nasdaq down by 2. 3 . And treasury yields are pretty important because you do have a fed meeting this week. Right now the ten year is sitting right at 4. 34 . The 2year just above 5 and we will see what the rest of the week brings. Talking about what the rest of the week brings, here it is. Squawk planner for the week. The fed is the big story. Kic...
July 3, 2024
Nasdaq indicated up by 1. 2 for the week to date for what we have seen. Look at the treasury market. You see treasuries here with 10year treasury at 2. 3 . Wti climbing above 90 a barrel. Right now, 90. 43. Of course, we have seen big news in other places. New overnight, positive data on china recovery overnight. Retail sales raising 4. 6 in august. The Unemployment Rate ticking down by. 10 . Chinas Central Bank Cut a shortterm lending rate one day after it lowered the reserves the commercial ba...
June 30, 2024
The opening 20 minutes or so from now we are positioned for a higher stock market at that 9 30 mark europe has been open for some time and over there it is also been largely a positive day so far. You can see germanys dax of course and france the best performer. The 10year note yield so much of a focus yesterday as it same close to the 2. 9 not sure we ever got there were above it now thousand. Yesterday we flowed 2. 89, 2. 915 and stocks dont see particularly concerned wti is down though, highe...
June 29, 2024
Road map begins with a meg amerger in the works, qualcomm considering but re, a deal with broadcom, plus softbank in the failed talks to get together with tmobile, betting the Wireless Network will prove critical to support future growth and ill have more on their future plans. 11 royals arrested as the crown prince moves to consolidate power. The news of the morning that was broadcom confirming the unsolicited byover bid for qualcomm they acknowledge receiving the offer and david has been all o...
June 21, 2024
Association manufacturers association. Remember the ipad wasnt invented when adsb cannot. There some type of lower cost of ice that could be like our cell phone. General scovel, the faa seems to be behind on issuing rulings on drones and integrating uas, uab, whatever want to call them, integrating them into the airspace. How far behind on the no . Are behind. They are behind the mandate established by congress in the last reauthorization from 2012. We should say we really mean it this time. Wel...
June 21, 2024
The session are end the trading week. We saw the stocks open higher but they are struggling at this hour. The averages are holding on to small gains for the week. The dow and the s p up three of the last four. Utilities are leading and financials and texts are lower. The old adage is sell in may and go. It doesnt appear to be working this time around. We are halfway through. Stocks hitting new highs. The dow and nasdaq up 2 and the s p up 1. 5 and closing at record highs. What could stop it . Do...