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Transcripts For CNBC Worldwide 20240703

Weeks. Nasdaq is leading those three indices up more than 2 so far this week. One stock helping to lead the dow higher in yesterdays session was walmart. That stock surging 7 to new record highs after seeing a strong earnings report. Checking in on the bond market as well with the tenyear hovering at its lowest level in roughly a march and its ticking slightly higher this morning 4. 385 . Twoyear note 4. 782 . Oil prices u. S. Bench prices and wti prices continuing to hold below that 80 dollar per barrel mark and down 1. 17 to 79. 12. Ice brent up to 83. 62. With all of that in mind, lets see how europe is shaping up as its trading day is in the early stages and lets look at the early Market Action across the pond. Good morning. If looking for a mixed market as mix as they come. Stocks going in different directions. Again, earnings news seems to be shifting things along and seen record highs for the overall european market. Even the market then out of the uk ftse 100 managed to reach r

BlackRock s bond guru Rick Rieder says the Fed s favorite inflation firefighting strategy is failing— the private sector has become a creditor now

“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation versus actually contributes to it,” Rick Rieder told Fortune.

BlackRock s bond guru says the Fed s favorite inflation-fighting strategy is failing

BlackRock s bond guru says the Fed s favorite inflation-fighting strategy is failing
fortune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fortune.com Daily Mail and Mail on Sunday newspapers.

Inflation crisis: World s largest asset manager wants Fed to reverse course: Slash rates to tame inflation

Inflation crisis: World s largest asset manager wants Fed to reverse course: Slash rates to tame inflation
fortune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fortune.com Daily Mail and Mail on Sunday newspapers.

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