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June 29, 2024
Today. Lets get to the Global Markets report u. S. Equity futures right now are looking a little bit lower dow futures indicated down by 68 points this comes after the dow closed above 23,000 for the First Time Ever and it did so in a powerful way with the dow gain of 160 points yesterday. Right now it looks like the nasdaq is indicated to open down by 31 points the s p futures are indicated down by 9 points overnight in asia, china reporting Third Quarter gdp growth of 6. 8 , in line with expec...
June 29, 2024
Week look at what happened overnight in asia. The nikkei eking out another gain a gain of 9 points, but thats the 14th day in a row that weve been looking at gains for the nikkei these are the highest levels weve seen in 21 years nikkei closing at 21,457 the hang seng with a gain of 1. 17 . And the shanghai up by 0. 28 the dax is up, the cac in france is up by 0. 21 spain is up, but just barely look at crude oil snapped a fourday winning streak. It is still above 50s a b s a on the wall street a...
June 29, 2024
Another one. The s p 500 had its first per week in nearly 20 years. A per week is when you close with a record high every day all five days. Thats the first time its done that since march of 1998 been a big year for the dow, too. It had a per week last year. Its not the first time its done that this year. Both the s p 500 and dow are coming off of executive consecutive weekly gains hat tip because i didnt figure out these numbers, he did. S p futures up by another 3. 5. Nasdaq up by almost 14 ov...
June 29, 2024
Joes excited. You are excited. He comes bringing orange juice, coffee for folks. Clapping. Its energy, man. Its energy. Really loud youre not that old time for the Global Markets report we will look at u. S. Equity futures. Yesterday the dow was up by 167 points 80 of those gains came from two stocks 3m and caterpillar gm and others were also reporting. Which is great news finally youre starting to see earnings and not financially engineered earnings, actually seeing real earnings with the comme...
June 29, 2024
Yesterday you saw the nikkei ended that 16 session winning streak this morning stocks are closed higher the nikkei was up by 32 points to 21,739. Hang seng down by a third. The shanghai was up by a third of a percentage point. The early trading in europe, things are in the green across the board. Gains for germany, france and london up by a third stocks in italy and spain also higher treasury yields, check this out, yields at 2. 43 . Crude oil prices which have been above 50 comfortably for quit...
June 29, 2024
Korea higher by a percent overnight. Looking at the action in the European Equity markets. The futures picture here, the dax higher by 1. 6 italy up by 1 green arrows across the board. Looking at the action in crude wti, highest level yesterday since february of 2017 today up by 1. 2 55 is the level. Brent is at 61. 59, up by more than a percent we will have more on the strong markets in a moment first were getting new details on yesterdays terror attack in new york city. Eight people are confir...
June 29, 2024
The dodgers you dont score like that. This was a great series played out to game seven the perfect ending would be a great i remember when the reds won, i didnt want a nail biter. You just want it over for houston fans, they love the 51. For everyone else the franchise never won before i was hoping for something where where you stayed up late. There they are. I didnt get to see it. Im happy for them. Somebody said the dodgers are celebrating in these strange orange jerseys larry king was not hap...
June 29, 2024
Mixed week right now, youre looking at the dow on pace for its eighth consecutive weekly gain as kevin was talking about. Hard to find down days the s p 500 is hovering around break even if it does end in the positive territory, it would be its eighth consecutive weekly gain nasdaq on track for its sixth week of gains. Dow futures indicated up by 30 points nasdaq indicated to open up by 20 points. S p fight pictuutures indicate 0 1. 5 this morning the hang seng ended up by 0. 3 in korea, the kos...
June 29, 2024
The ashes . That is what you did in virginia and new jersey. And your guy your guy going to politics who is my guy . Deblasio. My guy. 60 youre a new yorker hes your mayor hes my mayor hes my mayor. Thats my mayor. And he we had him on the show before ive also had commentary that has not always been positive about some of the things he said i know. I know youve been critical you have not been positive of deblasio, im just yanking your chain. So the prospects for tax reform what do we think i thi...
June 29, 2024
Happen at this point its a tax cut plan which is still positive for the economy. In terms of whether it will get done this year, people are discounting that if youre watching the markets, markets are hanging in there with some of this. The dow is indicated down by 50 points, the nasdaq down by 4 1 2, and the s p down by 5 they are all coming off record closes its been seven sessions in a row for the dow thats higher. The s p is up six out of the last seven sessions. Well see what happens slightl...