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CNBC Closing Bell June 22, 2024

Its up another half a percent. Well get disneys earnings after the bell today. Apple is thought of as sort of the lead dog. Its the Largest Company out there. I think disney is the company to watch these days. What a performance it has turned in. Meanwhile, aetna out with earnings this morning. Its getting a big boost from medicare and medicaid these days. We have a first on cnbc interview with ceo mark bert bertolini. Breathtaking consolidation in that industry. Really looking forward to that. ...
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CNBC Squawk On The Street June 22, 2024

Reaction. Plus on media week selloff, subscriber losses, advertiser declines weighing on companies. And the morning after well recap the gops best debate moments last night, the big winners and the losers. First up, the jobs number. The u. S. Economy added 215,000 jobs in that month. Unemployment remains unchanged at 5. 3 . Weve been watching wage growth average Hourly Earnings up by five cents. Thats about 2. 1 on the year. Just a smidge below the estimates. The Unemployment Rates, 5. 261 is no...
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CNBC Closing Bell June 22, 2024

Before the American Express news broke, the dow was under a lot of pressure. That number came in line with expectations. It wasnt terrible. The fed rate hike could still nbt cards. The dow is down 85 points. We have someone who says the Current Employment report is not measuring jobs properly. Hell explain why next. Also, more on twitter. Its falling yet again today. That stock has been cut in half in just four months. Its now 1 away from the ipo price. Well look at whether investors should be c...
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CNBC Closing Bell June 22, 2024

Today. And someone investors believe a lot. Jeremy siegel calling for dow 20,000, sounding a cautious note despite the big rally. Find out why. Exclusive interview with him coming up. And can we get to his target . Twitter, by the way, have you seen that . Up 8. 5 right now, popping on news of more insider buying. Plus this partnership with the Company Announced this morning with the nfl. Is this the comeback that the beatendown stock has been waiting for . We have both sides of that were bringi...
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CNBC Power Lunch June 22, 2024

S p down 1. 1 , and the russell down 1. 05 . Why . One main reason is china. China devaluing its currency. The dollar strengthening significantly. Oil is down big time, look at that, dollar strength, it takes fewer dollars now to buy a gallon of a barrel of oil at 43. 2, down almost 4 . Brent down almost 3 , gold up just a little bit as you see there about a half percent. Mandy is out but sarah eisen who knows a lot about currencies and china is with us today. Thank goodness youre here. I live f...
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CNBC Squawk On The Street June 22, 2024

Alibaba sliding as growth slows to a three of year low. Macys volatile ahead of the estimates. Well have comments from the ceo who was on squawk box. Thats coming up with us. And getting ahead of cisco ease first report. First up, futures are down following tuesdays sell off off the lows of the morning. China devaluing the yuan. According to reports china intervened in the final minutes of trading. We got to some interesting levels. Fits in with what youve been saying for a long time, jim. These...
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CNBC Closing Bell June 22, 2024

Now in bear market territory. Those stocks are down at least 20 in some cases, more than that. All the major averages deeply in the red today. Its i shaping up to be the worst week in the dow, s p and nasdaq in nearly four years. This is serious selling. Lets look at the price of oil breaking below 40 a mark today. Weve been watching this one for some time. Its now down about 20 . Thats a bear market. Thats just this month. Finally, take a look at volatility index. Surging today. Its doubled thi...
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KYW CBS Evening News With Scott Pelley June 22, 2024

Dow closed down 588 points or more than 3. 5 . For days of tripledigit drops add up to a loss of more than 9 . Thats wiping out market gains back to february of last year. And it could have been worse. Anthony mason now on todays wild ride. Reporter over a cliff, the dow plunged more than 800 points in the first two minutes, more than 1,000 points within five minutes. By midday it had rallied back and erased all by 100 points of that loss, but the selloff resumed in the afternoon. It was a breat...
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CNBC Closing Bell June 22, 2024

The horizon with energy experts. Plus, the drop in crude could be seeping into the Banking System of our neighbor to the north. The royal bank of canadas ceo joins us in a cnbc exclusive on the back of his companys earnings. Also ahead how much of what we see in the rally is the result of the fed trying to calm market volatility. Were live in jackson hole with the latest headlines. Dont forget, of course, the new york fed president , importantly, spoke today. He did. And markets are reacting. Le...
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WUSA CBS Evening News With Scott Pelley June 22, 2024

Investors dumped stocks and the dow closed down 588 points or more than 3. 5 . For days of tripledigit drops add up to a loss of more than 9 . Thats wiping out market gains back to february of last year. And it could have been worse. Anthony mason now on todays wild ride. Reporter over a cliff, the dow plunged more than 800 points in the first two minutes, more than 1,000 points within five minutes. By midday it had rallied back and erased all by 100 points of that loss, but the selloff resumed ...
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