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June 23, 2024
Anticipated twoday meeting, investors bid up stocks digested some final Economic Data ahead of that meeting. More on that a little bit later in the program. But by the close, here are the numbers. Industrials up 228 points to finish at 16,599. Nasdaq higher by 54, and the s p 500 was up 25 points. More on todays big move in stocks. Stocks started up and they stayed up. Now its the day before a fed meeting. Stocks usually do advance. It was a particularly broad rally although the volume was moder...
June 23, 2024
The shine off. Europe higher, the price of brent getting relief. Back home, november cpi with a two handle year on year. Hat fed hit its target ahead of tomorrows decision . Anticipation from the markets. The feds twoday meeting starts today. Tomorrow is the highly anticipated announcement, will they or wont they . Shares of qualcomm are up in the premarket on news they will not break into two. And apples losses continue, one of the key suppliers slashing guidance today. First up, todays the day...
June 23, 2024
Our road map begins like this. Stocks set to open in the green despite continued tension overseas between russia and turkey. Hp stocks are moving in opposite directions. Meg whitman joins us. And get ready for thanksgiving. Where people are traveling and avoiding this Holiday Season. Busy economic calendar. Consumer spending up in october by 0. 1 for a second straight month. As americans boosted their savings to a near threeyear high. Durables up more than expected, up 3 . Jobless claims fell mo...
June 21, 2024
That directors and shareholders are standing up a much stronger way than before. It is not always accountability that will come for a prosecutor or regulator. You have this massive breach at a lot ishat helps how people see how a ceo who did not prevent against it lost his job. That means something. It is not just enough to hold the id person accountable. But when people think their entire ability to run a companys way to be in jeopardy because they are not warning against this risk that people ...
June 21, 2024
It was a dramatic ended to a hostage situation in sydney, australia. Australian Police Confirmed that three are dead and 4 injured after the 16hour siege in downtown sydney. The victims included 2 hostages, 38yearold man in a 38yearold woman. And the gun man, a 50yearold man. In a News Conference that 17 hostages total had been accounted for. We found out that a Police Officer suffered a nonlifethreatening loan to the face wounded to the face that we dont have information on his injury at this p...
June 21, 2024
Time. The next wave of diet drugs . Cnbc is on that story. A story that impacts investors and patients alike. First, though, sarah is in for sue. Good to see you. Bullish start for stocks to the week. You mentioned the dow. How about the s p up 0. 8 and the nasdaq up after hitting a 13year high. Leading the charts, the russell. The transports are in the lead. You are seeing all sorts of new 52week highs for the transport stocks. Watch in brant crude oil. You see in the treasury market. Treasury ...
June 21, 2024
President obama justifies actions saying time is up in mosul. Today, with our support, iraqi and Kurdish Forces took a major step forward by recapturing the largest dam in iraq near the city of mosul. And authorities in missouri say police came under heavy gunfire overnight as a peaceful demonstration against the shooting of a black teenager turns violent. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. So a very good morning, everybody. Lets talk a...
June 21, 2024
Twoday fed meeting begins tomorrow. Crude prices, bouncing off the new 5 1 2 year lows. Looking to come back since their worst week since 2012. Consortium led by bc led by petsmart. Latest on the continuing hostage situation in sydney, australia. Futures on the rise, so are crude prices which fell to 5 1 2 year lows stock markets seven week winning streak ended with a thud and the selloff on friday. Last week the dow fell 3. 8 . S p down 3. 5 , almost every major average, jim, every major sector...
June 21, 2024
Yield . What are you guessing . Around 2 . Lets take a look and see if youre right. Yep, we manage no were at 1. 8. Pardon me for that for forgetting how low we had gotten over the last week or so in terms of what it does cost the u. S. Government to borrow for ten years. Still well better if you compare to france bore rogue. 635 or italy at 1. 6 . Road map this morning starts with Morgan Stanley suffering the same fate as breaththren. Well break down results for you. Johnson johnson posts mixed...
June 21, 2024
A very tense hostage situation over in sydney, australia now at an end. More than 16 hours, loud explosions. There have been fatalities. A number in serious condition, just how vulnerable might u. S. Targets be . Lets check in with sue at the new york stock exchange. We will have that story shortly. That is one of the reasons why we have had such volatility in the markets today. Everybody here watching the situation in australia. Triple digits to the upside and triple digits to the red. This mar...