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CNBC The July 3, 2024

Killer or catalyst for Language Learning Companies . The ceo says hes welcoming it with open arms and joinstous make his case. Lets start with dom chu with the numbers. So if you talk about lets just bring in the headlines. 40,000 for the first time ever, rarified air. Im going to take you through the charts in a couple seconds here, but im going to put the stars up off the bat. We did hit rarified air, record highs for all three indexes, the dow, s p, and nasdaq. The dow above 40,000 at one poi...
Language Learning Companies Dom Chu First Time Price Point Good Things Wall Street

BLOOMBERG Bloomberg July 3, 2024

Environment. Where we are is the new eaglewood librium just a new equilibrium. The higher for longer will stay there. We understand we establish price stability as key. They are not giving up the 2 inflation target. The economy is doing fine and i think the economy is on its way to 2 by the end of the year. This is bloomberg surveillance. Jonathan the third hour of bloomberg surveillance begins right now, live from new york city, there are many ways to get a read on the u. S. Economy. You could ...
New York Biggest Bank Francine Lacqua Income Customers Bloomberg Intelligence Consumer Sentiment

FBC Varney July 3, 2024

Report. Now, were going to go through all the numbers in a moment, but that headline number, inflation 3. 4 , thats going to be factored into the federal reserves Interest Rate strategy, all right . If heres the markets reaction. Investors like this. The dow industrials up maybe 150, nasdaq up maybe 80, 90 points. Ful the 10year treasury yield, its coming down. Its off 7 basis points, all the way back to 4. 36. Stock Market Investors really like that. The 2year treasury yield also on the downsid...
Interest Rate Market Investors Much Movement Auto Industry Wall Street Vice President

CNBC The July 3, 2024

Positive. Their analyst is here to explain why. And a new report shows workers could see the largest salary gains in more than 20 years. What that means for consumers a and the fed. Well discuss. First, a look at the markets where we fluctuated between earlier declines and stronger gains, which were wading as we speak. The dow up 51 points right now. The s p, positive by just about a tenth of a percent. The nasdaq in danger of turning negative, and the russells, up 1. 5 . The nasdaq treating tho...
Basis Points Bond Markets Interest Rate Mortgage Rate Rate Rise International Markets

CNBC The July 3, 2024

Might be slowing. So well discuss that. And ai getting aggressive. Google is announcing a new assistant and a search overhaul. Two key departures from openai, and amazon replacing its ceo as jeff bezos keeps a close eye on their efforts. Well dig into the rapidly evolving landscape. Lets start with the Market Action, show. Dom chu, i think were going to see a lot of stars today. The markets are as green as dress as that dress youre wearing, kelly. What we have is, yes, record highs for both the ...
Ceo Jeff Bezos Jeff Bezos Tech Stocks Market Action Just Got Jay Powell

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CNBC Squawk July 3, 2024

And Goldman Sachs and hotter retail sales. Were also seeing higher bond ye yield. Our roadmap is going to begin with a slew of corporate results. Goldman and bofa. Lockheed martin says it expects to grow sales this year. Retail sales coming in much stronger than expected. The tenyear is rising and stocks are on track for what looks to be a lower open, about 29 minutes from now. Changes at news corp. Or perhaps liking what it means as an investment. Starboards jeff smith will join me live this ho...
Goldman Sachs Jeff Smith Start Bank Bank America America Goldman Overall Bank

CNBC Squawk July 3, 2024

Yesterday the s p was up more than 1 . So, kind of putting on a brave space treating good Economic News even with the headwind of whats happening. Im watching financials which were lower and in reaction to more Bank Earnings and have turned higher. I dont know if its yields. Theres a lot in there because bank of america and Goldman Sachs were better. They were better. As i was saying, when it comes to the banks, if the economy is going to be okay, the banks should probably be okay. If your bigge...
P 1 Brave Space Economic News Reaction Bank Bank Earnings Bank America

CNBC The July 3, 2024

Pack inning. Bob pisani is down at the new york stock exchange. What do you make of the action today . Make in the long run, now in the short run. Rates have moved up. Forget about it. The market is in a complete tizzy. Well have to hear what sheila has to say about this. The consumer names, cocacola, some of the other names, procter and game able. Conagra, soandso. The lowerend consumer, the s p 500, we need a bit more energy here. They were briefly positive, for a nanosect. 13,000 the last two...
New York Biggest Oil Oil Oil Large Areas Us Economy Mortgage Rates

CNBC Squawk July 3, 2024

Secretary yellen later this morning. Auto strikes, day four with both sides digging in. The uaw rejecting the latest wage hike proposals while both ford and gm announce temporary layoffs due to the ongoing walkout. Plus apple reportedly seeing strong iphone 15 demand in china, and tim cook says the vision pro remains on track. Lets begin with the markets as we do kick off a new week. Jim, we didnt get to check in with you on friday. Any degradation, do you think, in this idea of a soft landing ....
Tim Cook Vision Pro Interest Rates Idea Buyer Jay Powell Shawn Fain

CNBC Squawk On The Street December 18, 2017

Holding in europe. Yes they are the dax, chief amongst the leaders with quite a significant gain this morning. 10year note yield, been hanging around the 2. 4 level there we are, 2. 378. You can see wti up 32 cents. Lets get to our road map this morning. It does start with that market rally you just saw the futures are pointing to new records on growingconfidence that republicans in the senate and house are going to pass that historic tax cut plan this week. Plus, well have more on csx, investor...
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