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June 24, 2024
From the new York Auto Show are coming to us. We talked to the chief executive of cadillac about his plans to compete with premium names like bmw and audi. Lets head straight to the markets where Bloombergs Julie Hyman has the latest. Julie stocks pulling back today, not huge declines, but it does mean we are now negative on the year. If you look at the yeartodate returns, we had that brief period of gains on the dow, we are still negative and the nasdaq more deeply in the red. It has consistent...
June 24, 2024
Welcome to countdown. It is 6 00 here. It should be hot footed. We have the economy coming around and the estimate was for 12. 3. , in terms ofwn and percentage, it rose and it was on a constant basis and this is what they confirmed for 2016. Of course they are trying to balance the scale and there are lung cancer drugs we want to write down. Sales and theical diagnostic side of the business said the First Quarter came in at thank issue a composite number and there is the overall is thees there ...
June 24, 2024
Tom yes. We are going to cover what, four, five, six stories on surveillance . This morning . All i know is hillary is escaping new york. I like that image from last night. Francine yes. Heres cynthia frelund. Heres vonnie quinn. Vonnie yes. Cruz beat donald trump in the epublican race, 4835. Cruz still has a substantial lead in the delegates. And trump is also still on top in the republican race. Has 433 delegates and sketchtism could affect a treaty that even relations etween the eu and ukrain...
June 24, 2024
Slack over this. Carson block will join us. General motors cfo Chuck Stephens on the Company Earnings coming up shortly. Payroll this is like friday. It is just under 45 minutes time that we get that decision. In the markets ahead of that decision, futures over in the u. S. Looking at equities in europe, in the u. S. , still positive. A vague lower in europe in the last hour, the dax down by 33 points after a fresh high hours ago. This is the fx market approaching that ecb decision, the euro dol...
June 24, 2024
Welcome to squawk alley. Jon fortt is out today but were watching not just the jobs number and the markets reaction but also the reaction to the debate. Last night it was marco rubio and ted cruz versus donald trump at the debate. Eamon is live with more on that. So much attention to the donald trump comments last night. You almost forget theres other people on the stage there last mite along side donald trump. Each of them adopting their own strategy for how to handle the donald trump phenomeno...
June 24, 2024
Good morning. Half an hour away from european open. Let me tell you how things are starting to shape up now. A lot going on. The g20 meeting. What is happening with the imf meeting. All very much and focus. Let me show you where the future story is going. Very flat call this morning. Not going to do much. We watched plenty of other assets. Let me show you what is happening with dollar yen. There is an interesting report out of one of the japanese spikes. Suggesting desk japanese banks suggesting...
June 24, 2024
Unsolicited stakeover bid led by anbang insurance group. Well give you the latest. United airlines ceo back to work today but the activists are not cutting him slack. Whats ahead for munoz and the airline at large. Starwood is up sharply in premarket trading. They received a takeover proposal from chinas anbang insurance. Its worth about 75 a share in cash. The board of starwood says it is not changing its recommendation at this point and supports the companys planned merger with marriott, but t...
June 24, 2024
Point. The nasdaq up by 3 1 2. Much of the rally in stocks was pushed by that surge in crude that joe was talking about. Wti topping the 40 level for the First Time Since december. This morning, it is still above 40. Its down by about 4 cents. Brent is up at 41. 39. Lets tell you some of the big stories were watching this morning. A trio of fed officials are going to be speaking today. New york fed president bill dudley. Also, boston fed president and the st. Louis fed president. Bullards speech...
June 24, 2024
Good morning and welcome to Worldwide Exchange on cnbc. Im sara eisen. And im wilfred frost. Lets get straight to u. S. Equity futures this morning. Slight gains yesterday. Today we are looking at a little bit of green on the screen. Really not very much to talk of. Ultimately we are flat in the premarket session. The dow called to open up by 9. 5 points. A quick look at the yield on the u. S. Tenyear treasury as well. Of course thats been an important risk gauge. 1. 862, as you can see. Just in...
June 24, 2024
Were unusually quiet, with the average moving a fraction of a percent. Volume at yeartodate lows. Is this the ultimate bull bear showdown ahead of the jobs report tomorrow . Is this the calm before the storm . Guy . I say absolutely yes. I think weve been pretty consistent with this. I think the markets going to continue to rally. I think it rallies tomorrow regardless of whatever number comes out at 8 30. I do think theres a chance we touch 20, 25. I think were going to fail there. A couple of ...