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CNBC Closing Bell July 12, 2024

About 12 today. Another market master, ams evaluation 2 trillion for the first time ever. Tech was leading now 59 minutes left of the session and were essentially flat apple not flat. 2 trillion Company Coming up in just a few minutes, we will speak with White House National Economic Council director larry kudlow about the stimulus stalemate in washington the rising tensions with china and a whole lot more. Later rolling out the red carpet, ceo of amc theaters will be joining us with his company...
United States Kujawsko Pomorskie District Of Columbia Washington Well South Korea Larry Kudlow

CNBC Squawk Box July 12, 2024

Ive taken this quarantine times to update a couple of bathrooms. Not. Light bulbs i have always wanted to be handy. These numbers are expected to be insane i did change a couple of light bulbs. They are all different so finding the right one for all the Different Things my wife has, it is not easy. I have changed a couple of them but thats about it. Rising to the challenge, im sure before we get those numbers from home depot, lets start with the overall markets. The s p 500 finished the session ...
New York United States Chapel Hill District Of Columbia Brian Nagel Becky Diana

CNBC Squawk Box July 12, 2024

It was the big gainer. It closed at an alltime high. Tech has been leading the way. Sales force, facebook, taketwo and qualcomm at record highs you have to watch one stock in particular apple. After more than 10 gain on friday and thursday night, it closed up 2. 5 to an alltime high percentages away from hitting the 2 trillion market cap that 4 to 1 stock split is hit that price has to sit 477 not far off. Weve been talking about the pressure that has been put on yields in the treasury market. R...
New York United States District Of Columbia San Diego New Jersey Howard Schultz

CNBC Squawk On The Street July 12, 2024

That we are looking at, much like we did yesterday where we were talking a great deal about the possibility of a new record even intraday or all time on the s p. Yesterday it was that bizarre russian vaccine news and i think we can all term it bizarre, but today its moderna signing a deal with the u. S. Government which is signing a lot of deals to make sure that there is manufacturing capacity in place to deliver a lot of doses of a vaccine if and when it does get through phase three trials int...
New York United States Copley Plaza Dominic Chu Harvard Square Jeff Bezos

KNTV Late Night With Seth Meyers July 12, 2024

Is a good way to prove you havent disappeared. Thats right, joe biden appeared on snapchats daily political show yesterday they were only able to tell it was joe biden from the thumbprint the fbi has seized the cell phone of republican senator richard burr as part of an investigation into whether he used information from a coronavirus intelligence briefing to sell stocks. Its also incriminating that right after the meeting, he signed up for netflix and hulu so, he knew something was coming accor...
New York United States New Zealand South Korea San Francisco Tim Kaine

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CNBC Mad Money July 12, 2024

After jay powell made down beat comments about the economy just as coronavirus cases were spiking in the south and the west today the fed chief once again made it clear that the economy remains weak and were seeing more gigantic coronavirus spikes in the south and west this time the dow surged 527 points as it jumped 1. 90 , nasdaq pole vaulted 1. 57 . How is this possible how is it possible goes down gigantically, same thing, next time goes up two key differences. First the fed is planning to b...
New York United States District Of Columbia Brian Cornell Jim Cramer Lee Cooperman

CNBC Squawk On The Street July 12, 2024

Ken frazier earlier on squawk on the street, take a listen to this when theres unrest, people put out statements, they put out platitudes they say this is terrible. We decry racism. We believe we ought to build a just society i think business has to go beyond what is required here before the pandemic there was 12 milliontilunfilled jobs in this country and 5 million inner city kids who want access to the economy. They want to be participants, citizens and consumers what they lack is the educatio...
United States Martin Luther New Jersey Saudi Arabia America Merck Mary Dillon

CNBC Mad Money July 13, 2024

Today. With the dow jones average skyrocketing 530 points, s p 1. 32, nasdaq 1. 72, one point before more saber rattling with china. All sorts of beaten down stocks, though, were higher. While the covid19 winners, well, they got slammed theres just one tiny problem with this action we dont actually have a vaccine. Does that mean the stock market is getting ahead of itself lets unpack the issue first this rally is based not just on hopes of a vaccine but a firm belief that the whole virus problem...
New York United States New Yorker Jim Collins Eli Lili Brian Cornell

CNBC Squawk Box July 13, 2024

The futures indicated up about 322. The decline of 30 points futures point to bigger gain at the open of about 30 points. The nasdaq is open it is very early we have seen a lot of volatility lately lets look at what is happening in the treasury markets. Wti said the july contract that is the active front running Contract Trading above 22 a barrel one point of favor for the bulls on this. The 10year at 0. 698 . Andrew thanks, becky we have a huge lineup of guests. We keep saying a huge lineup but...
New York United States Puerto Rico Tom Hank Robert Kaplan Scott Gottlieb

CNBC Squawk Box July 13, 2024

Also jay powell making comments that added to some of this those who have been under such pressure, those stocks were the ones that were the biggest rebounders disney up more than 7 banks were up across the board wells fargo up by 8 bank of america and citigroup up jp morgan up mgm resorts up 10. 5 carnival up 15 . Airlines each up 13 all of those gains coming as there is hope there will be some time those stocks can get become to normal and people will feel comfortable. Thats the early trade al...
United States New York Republic Of Michael Jordan Howard Schultz Ayla Plaza

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