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CNBC Fast Money July 12, 2024

News on the banks. We were discussing on closing bell the banks finding out this evening what this extra stress tests theyll go through this fall will be there will be two severe recessions it will be tested against as opposed to normally one. Its possible we could interpret those severe recessions as not as bad as they could have been june saw unemployment spiking to 10 . This test has two versions one is that it spikes to 12. 5 and then dips more quickly to 7 7. 5 both of those factors perhaps...
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CNBC Closing Bell July 12, 2024

Now. New data points to a sluggish economic recovery as payroll, points in the beige book shows a modest increase in activity. 59 minutes until the close were set to have another record highs for s p and nasdaq up 1. 2 on s p 500, sara its utilities leading the way higher for a change. Coming up on todays show, Galaxy Digital back to weigh in on the rally as it carries over into september were going to ask where hes putting money to work right now. Weve got an interesting mix of earnings coming ...
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CNBC Fast Money July 12, 2024

Trading month post split check out this sky high etf chart. You think you know what this etf is let us know. We have a lot to get to with news breaking on at t. Lets get to Julia Boorstin with more. Thats right, brian, those shares up about 2. 5 in after hours trading on a report that at t is again exploring a sale of its directv business this according to the wall street journal who site sources saying at t and advisors have been talking to Apollo Global and Platinum Equity as potential bidders...
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CNBC Closing Bell July 12, 2024

Year auction that has taken the wind out of the big Growth Stocks. 59 minutes left to go. Now just about 20 points away from a record on the s p 500 wilfred, we crossed over that level that would have been a closing high we lost a the lot of steam i know. We didnt quite make it and sold off near the close but doesnt look likely to happen today as things stand lots to come on todays show well hear from two key market voices as the s p 500 nears and pulls back and then hovers below that all time h...
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CNBC Closing Bell July 12, 2024

Delays from washington from the trade deal to the stimulus negotiations, deadlines and expectations being pushed back the weve got 59 minutes left to go in the trading week s p 500, 16 points from a record close. Down right now, jon. Still higher on the week everyone except the nasdaq great to be with you this afternoon. We have a big show coming up to finish out the week. Were going to speak with minneapolis fed fred neel sakashkari and later, as stimulus talks grind to a halt, well speak with ...
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CNBC Fast July 3, 2024

Will earnings tomorrow remove the chill on the stock . The options action on that straight ahead. Im Courtney Reagan in this evening for melissa lee. On the desk tonight, on the desk tonight tim seymour, karen finerman, Bonawyn Eison and our guest trader. Weve heard from so many ceos about how spending is buckling, but the data is telling a different story. Retail sales last month jumping 0. 7 . Almost half a percent above estimates. Retail stocks ripping for the second straight day. The strengt...
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CNBC Fast July 3, 2024

Winner. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, karen finerman, Bonawyn Eison and guy adami. We start with the markets second half slide. The s p has dropped 7 . If youre looking at grocery goods, General Mills, coke, pepsi, down 10 or more. Big box sellers, check out the moves lower in names like dollar general, target, best buy. And even higher end brands seeing outsized losses. One big culprit, higher Interest Rates, persistent inflatio...
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