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CNBC Fast Money July 11, 2024

We will bring you fast money trades straight ahead. We start off with a zombie ap k apocalypse on wall street. Many icons are among the walking dead like macys carnival, delta. Nearly 200 companies have joined the zombie rank since march. Total debt obligations nearing 1. 4 trillion dollars a lot of these names are names we talk about trading on this show how should we start thinking about this before we get into the walking dead, i want to point out, a great job by our crack staff leading with ...
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FBC Varney Company July 12, 2024

Should be defunded, the left is worried that the president may rally the countrys morale and they cannot have that, Speaker Pelosi, treasury secretary mnuchin, they will talked again about the stimulus plan, the far apart on the size of the package but they agree on extending emergency payment, they are still talking, nbc held a town hall for joe biden last night, no questions about packing the court, offering statehood to puerto rico in washington, d. C. , who the democrats were put on the Supr...
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BLOOMBERG Bloomberg Markets Americas July 12, 2024

Target like i mentioned is up big on the numbers, but Abigail Doolittle joins us now. Give us the highlights. Abigail investors are excited about this stock having its best day. Expected, 24 than. 3 versus 8. 3 . The outlook is strong as you were mentioning. A lot of strength for target and it seems like folks are really stocking up through the pandemic. And they are also doing it from an online perspective. Helping lows as well, lowes a good, and they put out quarter as consumers were improving...
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FBC Varney Company July 12, 2024

Its at the 27,000 level, up from 18,000 in march. Check your 401 k and smile. Whats going on here . Well, first theres a lot of talk about congress adding to the president s virus aid. The democrats made a big mistake walking away from mr. Trump from any deal, allowing the president to jump right in. Wall street would love another trillion or two of stimulus. Here we go. Can you believe this. Putin says russia has a vaccine. They have not finished Clinical Trials but his daughter has taken it. I...
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DW Business - News July 12, 2024

Flares up again this time over hacking accusations of market correspondent will fill us in. And shop til you drop well that was difficult securing lockdowns now retailers can sell again but those based inside shopping malls have a hard time getting back to normal. I want to come to the business after this his visit to london today the u. S. Secretary of state my compare today arrives in denmark on the agenda is likely to be the topic of whether greenland is for sale a year ago the United States ...
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FBC Varney Company July 13, 2024

Numbers, 8 30 this morning. We knew it was going to be bad because bricks and Mortar Stores have been largely shut down, and it was bad. April sales down 16. 4 in april after dropping 8 in march. So heres the market, with just minutes to go to the opening bell. Red ink all over the place but not as bad as it was. The dow off about 180, 25 down for the s p, 121 down for the nasdaq. Thats of course inspired by apple, which is way, way down this morning. What were looking for is how fast we can reb...
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FBC Varney Company July 13, 2024

Nobody wants a second wave. The market starts the week on the upside again. Investors like the get back to work trend and there are several forecasts of imminent recovery for the economy. Secretary mnuchin says there will be a rebound july, august and september. The dow is looking at a 200 point gain first thing this morning. Thats close to 1 . A nice gain for the s p, close to 1 . The nasdaq will be up over a half percentage point. Now, the reason the nasdaq is up, because of this. This week, m...
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CNBC Squawk Box July 13, 2024

Dow futures are down by 40 s p futures down by 5. 5. If you want to take a look at the treasury market, the tenyear right now at this point, of course wti, i should point out, is down by 2 still trading above 24. The tenyear yielding 0. 7 0. 697 andrew well get an update on the pandemic the number of cases worldwide, crossing 4 million with 1. 3 million, thats in the United States the biggest hot spots in america are new york, new jersey, massachusetts and illinois all with more than 75,000 case...
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BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

Top producers consider even deeper output curves. Shinzo abes state of emergency now covers the whole of japan after critics said his initial virus response offered to little, too late too little, too late. Shery breaking news out of south korea. We are getting the jobless rate coming in at 3. 8 . As expected, a rebound from the previous month of february. February was a 3. 3 . In the month of march coming in at 3. 8 . In line with estimates but still a rebound. Of course, we have seen weakness ...
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FBC Varney Company July 13, 2024

That seems to have worked because the dow which had been limit down has now bounced back and at the opening bell, we may be up 400 points. The dow will be up significantly at the opening bell. Same story with the s p and also with the nasdaq. Now, treasury secretary mnuchin, he says the Federal Reserve will have 4 trillion for loans to businesses. He says theres more where that came from and if congress doesnt get something going real fast, then they will go back to congress for more and he says...
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