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June 24, 2024
Brent lower by a dollar, back below 40, decline of 2. 6 . More on the markets in a moment. First we kick things off with tensions running high on the campaign trail politics turning violent. This weekend, the fists come at a trump rally in illinois. The gop frontrunner blaming Bernie Sanders backers. Look at that person, that foolish person. All right, get them out of here. Get them out. Send them back to bernie. Send them back. This isnt the first time violence has erupted at a trump event. Wat...
June 24, 2024
Kospi closed out flat. Right now the dax is up by 1. 2 . The cac and ftse 100 each showing gains of. 25 and italy up. President obama is in cuba marks the first time a u. S. President has set foot there since Calvin Coolidge back in 1928. Today hes going to sit down with his cuban counterpart, raul castro. The president is joined by officials and a host of ceos. Well hear more from michelle carusocabre carusocabrera. Apple supposed to launch a smaller, cheaper iphone product. Aimed at markets li...
June 24, 2024
Futures down 35 points. S p futures up close to 6. Nasdaq down by close to 11. If you take a look at whats been happening in early trade, you do see green across the board. Angela merkel was dealt with a setback with election theres. The dax is up by 1. 5 . Cac up by. 33. Ftse,. 50 . And bank of japan with a meeting today. And here are some of the big stories that we are watching for you on this monday morning, the u. S. Condemning the latest attack in turkey. Leaving 37 dead, 125 injured. Offic...
June 24, 2024
People thought. The worst market overall was there, unfrozen that you can get a sense of things. Theres a look at europe. Again, the losses not particularly substantial given that move down in crude. In asia is where things were a bit tougher overnight, japan in particular with that stronger yen suffered a more than 3 decline. Lets get back here and start with our road map. And where does it start . Well, where youd expect, oil prices are down after the failed doha deal. Were going to take you t...
June 24, 2024
Third row until it is repaired. Here is the concern, voiced by the president of teslas sales and Service Division about what could happen in an accident if someone is sitting in that third row of the model x. It is actually with the leverage of weight in the seat pulling it forward. So this would be an example of a front crash, where the weight of the passenger seat belted to that seat could cause that latch to fail. The third row for the model x, they are being replaced. And it will take about ...
June 24, 2024
8 . S p futures are down by 5 points below fair value. Dow futures are down 36. The nasdaq off by 7. Also take a look at what is happening in the early trading in europe right now. Red arrows there as well but these are a modest decline at this point. The cac is down by. 25 and that is the biggest decliner among the latest averages there. Overnight in asia, the nikkei dropping by more than 3 . Looks like shanghai and hang seng were down 1. 4 . Some of the reasons for japans biggest decline, the ...
June 24, 2024
Mean for the stock. But first, while alcoa may be grabbing the headlines right now, one sector will determine the next move for the markets and that is the financials which saw a decent bounce today after a brutal start to the year. What matters most to investors and the big banks, what do you do heading in to the most crucial earnings season yet . Guy. You ask yourself, is the valuation compelling enough to get in ahead of earnings. A lot of people say yes. Same amount of people will say the vi...
June 24, 2024
Very excited. Again, we did hit 18,000. Pulled back a bit. I think the important think is were approaching the historic highs. With a historic closing high. That was way back on may 19th. Broad group of stocks leading, right now you have disney leading, and you have chevron and exxon. Along with jpmorgan when would a great week last week. Its a pretty broad advance. Energy is leading 3 1 advancing to declining, and its been marching forward throughout the morning. The volume is on the moderate s...
June 24, 2024
The broader implications for china coming up. This is a company that already owns a landmark in new york city and youve got another chinese firm already been buying up theater chains around the country. They are making big moves in the u. S. The same company was already just going to buy a portfolio of assets from black rock. Its incredible how much deal making there is out of china. Well get to my interview with Jeffrey Ubben and what he thinks about the ceo of valeant and 21th century fox and ...
June 24, 2024
Exchange on cnbc. Im wilfred frost joined today by seema mody. Good morning, seema, sitting in for sara eisen. Lets go to action, u. S. Futures have taken a positive turn in the last hour or so, following european markets making a similar turn. Higher by about 50 points to the dow. 53 to be precise. S p by 6. 4. Nasdaq by 20 points. It follows a 1. 25 decline last week for u. S. Equity indices. Lets look at the u. S. Tenyear, were seeing buying over the last week or so that did actually take the...