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June 21, 2024
Employment report. The bailout trail back in court. Bernanke, paulson, geithner expected to take the stand this week. A live report from washington. And bitcoin loses a fifth of its value over the weekend. Well explain why and what it can mean now for future of a controversial crypto currency. First up, shares of hewlettpackard jumping in the premarket. Confirming the company will split itself into two publicly traded companies. Services businesses take the name hewlettpackard enterprise. Davids...
June 21, 2024
Loss for july. Down in two of the last three months. Its been worse for technology stocks. The nasdaq is heading towards biggest monthly drop since april. If you check out the futures this morning and take a look at was been happening, youll see there are green arrows on this last trading day. The nasdaq up by close to 50 dow jones up by 50 and s p up by 6. In corporate related news out of china, the country giving the green light to apple iphone 6 after beijing addressed security concerns. The ...
June 21, 2024
Pleasant thanksgiving holiday. The dow was able to squeeze out just enough of a game to notch a fresh record close on a holiday shortened day on wall street. But, the big story of the day was another tumble. And i do mean a tumble in the price of oil. Rattling the Energy Sector and keeping equities from making even more gains today. Todays big drop in crude prices. Comes after opec ministers voted on thursday not to cut production levels, despite lower demand and an oversupply on the market. Som...
June 21, 2024
Pleasant thanksgiving holiday. The dow was able to squeeze out just enough of a game to notch a fresh record close on a holiday shortened day on wall street. But, the big story of the day was another tumble. And i do mean a tumble in the price of oil. Rattling the Energy Sector and keeping equities from making even more gains today. Todays big drop in crude prices. Comes after opec ministers voted on thursday not to cut production levels, despite lower demand and an oversupply on the market. Som...
June 21, 2024
Pleasant thanksgiving holiday. The dow was able to squeeze out just enough of a game to notch a fresh record close on a holiday shortened day on wall street. But, the big story of the day was another tumble. And i do mean a tumble in the price of oil. Rattling the Energy Sector and keeping equities from making even more gains today. Todays big drop in crude prices. Comes after opec ministers voted on thursday not to cut production levels, despite lower demand and an oversupply on the market. Som...
June 21, 2024
Pleasant thanksgiving holiday. The dow was able to squeeze out just enough of a game to notch a fresh record close on a holiday shortened day on wall street. But, the big story of the day was another tumble. And i do mean a tumble in the price of oil. Rattling the Energy Sector and keeping equities from making even more gains today. Todays big drop in crude prices. Comes after opec ministers voted on thursday not to cut production levels, despite lower demand and an oversupply on the market. Som...
June 21, 2024
Partners reform greece and make sure that cnbc doesnt care about greece anymore. Mollermaersk to sell danske bank. And they are with drawing heavy weapons from the east of ukraine as fighting continues to ease. However the countrys Prime Minister tells cnbc exclusively that the russian president cannot be trusted. Putin cheated as always. Not only ukraine and the ukrainian president but even german chancellor and french president and the entire eu. Youre watching worldwide exchange. Bringing you...
June 20, 2024
On the sidelines of an asian summit, treasury secretary assured partners. China is the biggest holder of u. S. Debt. It holds about 1. 2 trillion. Fidelity says it no longer holds any u. S. Government debt that comes due in late october or early november, around the time the nation could hit its borrowing limit. The nations largest money manager has been selling Government Debt holdings over the last couple of weeks. Fidelity says it expects the debt ceiling issue to be resolved. Thats the good ...
June 20, 2024
Postponed because of the economic shutdown. The jobs report is now due on tuesday. And investors are going gaga over google. The internet giant posts First Quarter earnings that easily beat forecast. So welcome to the first hour of worldwide exchange. Here we are, just an hour into the european session and around about 7 to 2. The ftse yesterday was just up 4 points. We close at 6,576. We saw the dow fairly flat. Thats giving us a bit more of a boost on the ftse. Up 0. 25 . The xetra dax up 0. 1...
June 20, 2024
The full senate for final consideration. Steve liesman reported last week senator rand paul said he was thinking of putting a hold on yellens nomination unless a voet vote was loud on his proposal for more transparency on the fed. Beyond the fed, there are some other economic happenings. Namely, at 8 30 eastern time, we have two reports delayed by the Government Shutdown. First, we go the Consumer Price index. We also get retail sales. At 9 00, we have the s p caseshiller home price index. At 10...