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July 16, 2024
Welcome to squawk box. Im becky quick along with joe kernen and Andrew Ross Sorkin. Futures are indicated higher this morning, triple digit gains for the dow up by about 167 points but yesterday was a big down day for the markets. Dow was down by over 400 points, 1. 4 the s p and nasdaq done evz nasy even more. This morning s p indicated up by about 25 and nasdaq looks like it would open up by over 100 points fairly significant obviously everybody watching what will be happening with the stimulu...
July 16, 2024
Commissioner to see if she needs help. President bernal with the quorum present, we move on to the next item. The approval of the meetings of the minute of september 1st. Wrong date, im looking at the minutes. The minutes of the meeting of september 15. Upon reviewing the minutes and without amendment, do we have a motion to approve or any amendments from the commissioners . So moved. Second. Before you all vote there is nobody on the Public Comment line, so there is no need to take Public Comme...
July 16, 2024
Back to an eight day holiday. They are putting much playing catchup. We have gains across the board. Shanghai is up 1. 6. These services pmi rising for a fifth month. The you on getting 6. 73 versus the dollar. This was stronger than expected. This is a weak dollar story. Some yen strength there. The bank of canada governors has negative Interest Rates remain an option. Courts seems like a lot of the action is in the shanghai markets here today given that robust reopening after the eight day hol...
July 16, 2024
On this stuff. You all remember you are watching this that you had a bunch of folks showing up at the State Capitol with guns because governor was trying to protect people from covid well we are proud of her. Oh yeah, i wish we have so many more voices here but, as you can see, the role of the attorney general, expansive sony things and as soon as you said republicans are trying to entice covid we are seeing a shout outs, we need an attorney general in texas and in florida. We know and we need y...
July 16, 2024
Investment savings again as tensions continue to rise. Selling underway this morning. Dow futures down 50 points duh the nasdaq is up 4 and a quarter. S p 500 right now down 3. Growing concerns over coronavirus spikes and what it could mean for the recovery fueling a selloff yesterday. Nasdaq and s p 500 snapping 5day winning streak with declines in double digit. Facebook not getting a like. Walmart says retailer reportedly to offer freeday delivery and customers willing to pay a 100 a year. Def...
July 16, 2024
Accountable. We are very honored to have as our guest today, senator brown, the senior United States senator from the state of ohio in the Ranking Member of the Senate Banking committee. Somebody who cares passionately about that we focus on and care about. I first met senator brown almost a decade ago in an aftermath of the Global Financial crisis part in fact the faculty directors, myself and my colleague testified about banking regulation before the subcommittee, senator brown shared in 2011 ...
July 16, 2024
Accountable lacks we are honored to have as the guests today the senior United States senator from the state of ohio and the Ranking Member of the committee somebody that cares passionately about the issues that we focus on and care about. Almost a decade ago in the aftermath of the Global Financial crisis in fact myself and my colleagues testified about from 2011 to 2015. Once again we face a great many challenges from those in the 2007 and 2009 financial crisis. I look forward to hearing the s...
July 16, 2024
Im a financer and faculty director of the society initiative. We engage in dialogue, learning and leadership in the businesses, government and society from accountable capitalism, governance and trust. How do we ensure that we solved that customers, employees, investors and the rest of society and how do we ensure we have the right requirements in place and hold the government accountable lacks we are honored to have as the guests today the senior United States senator from the state of ohio and...
July 16, 2024
Economics and engages in dialogue, learning and leadership in the intersection of markets, businesses, governments and society and accountable capitalism and trust. And how do we ensure we have the right laws and policies in place and hold government accountable. We have honored to have senator sherrod brown, somebody who cares passionately about the issues that we focus on and care pabl. And the directors and myself testamented about banking leg lags that senator brown shared from 2011 to 2015....
July 16, 2024
Outside in fremont, the roads are wet as you head out for that morning commute and temperatures are fairly mild as we start out with some low 50s. It will be slow to warm up as the sun peeks out today. Well have more on this coming up in a few minutes. Vianey tracking the morning commute. As you heard kari say, the roads are still wet. You may want to take some extra time. Good news were starting our morning off fairly quiet on this thursday. No big accidents. One fender bender down to the south...