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June 26, 2024
Complete report. And macys Ceo Terry Lundgren will join us at 7 00. And jerry storch will also join us live. Stocksindicating opening higher. Ri the dow would open higher by 52, the nasdaq, 3 1 2, and the s p 1 1. 63. In asia, hang seng, higher bay half percent. European equities have been relatively flat. Right now all are lower. The italian market, theres a big referendum being held on sunday, november 4 t december 4. The economist endorsed a no vote to telling italians when they go to the pol...
June 25, 2024
First, we start with the fed officially standing pat, so we asked the question, steve liesman, is the fed on hold forever . What do you think . I dont think its on hold forever, but i can understand why you would ask that question. I think the story here is that the fed probably not going to move in july. I saw a ubs headline saying, take the summer off. We are. When it comes to at least whats going to happen to fed policy. Janet yellen and the fed keeping the rates on hold today, and not sugges...
June 25, 2024
The wednesday, june 22nd, 2016. Worldwide exchange from london begins right now. Baby please dont go if i make up tomorrow good morning, welcome to a very special presentation of Worldwide Exchange on cnbc, live from london, im sara eisen. Im wilfred frost. Welcome to london glp your turn. We are indeed, just across the river thames from the houses of parliament in less than 24 hours. An historic vote will begin to determine the uks membership in the European Union. Weve been seeing swings in se...
June 25, 2024
27 states and one in particular, the uks David Cameron final remarks including from Angela Merkel that its important to only begin talks once meanwhile, president hollande Martin Schultz summed things up. I think we should not wait until the conservative property. But i understood they want to move forward to september, and i underunderstood the conclusions yesterday in berlin, september could be a trigger. Reporter so all 28 leaders are in a working session at the moments. We heard there from m...
June 25, 2024
Look at the tenyear reaction. All of this on the eve of the big fed decision. Joining us is the chief executive officer for blackrock global fixed income. I know everybody wants to blame it on the brexit,ry, but the reality is the yield on the german bouund has been falling r 30 years so what does it tell you when the bonds of one of the biggest economies in the world are now a negative yield . So, first of all, i think youre right in terms of they have been falling for a while. Some of it is ag...
June 25, 2024
Are hitting the highs today. Im talking about the usual suspects. The consumer packaged goods. Only a handful of the good leaders that can truly turn a pre selling respite, a relief rally into something that lasts like the big Cab Companies internationally. Only a handful are making highs. Thats a sign of the staying power being a week. Unless it goes to the sameold sameold. I know all rallies look like theyre created equal. Dynamic moves all over the place. The kind of rally today is the mirror...
June 25, 2024
In the equity markets on this side of the ocean, you can see the european markets as well have steadied to say the least but thats about it. After again a nice twoday rally there, although that ftse, a lot of people saying thats not the one to look at. Yeah, its back to where it was before brexit but thats because most of it is international exposure, not necessarily exposure to domestic uk. Lets get to our road map this morning. It does start with a big day on wall street. Its the end of the fi...
June 25, 2024
Good morning. It is 8 00 a. M. Out west and 11 00 a. M. Other and squawk alley is live. Good wednesday morning. Thanks for joining us on squawk alley. As were looking at a day where the dow and s p have recovered, their loss for 2016 now in positive territory and well start with the markets. A day after all major averages closing up more than 1. 5 currently extending a second day into that rally. Lets bring insane matthews. Sean, thanks for joining us. Thank you. Good morning. So now the markets...
June 25, 2024
Week on wall street and the dow component pretty much responsible for keeping the blue chip index in positive territory for the week as the Company Releases its iphone 7 smart phone. We will look at whether it is worth upgrading and whether the stock can keep rallying. Twitter moving higher after streaming its first nfl game last night. It was kind of cool. Pretty cool. We will get the ratings any minute now and tell you what they mean . And the government fining Deutsche Bank over Mortgage Secu...
June 25, 2024
Wednesday or what direction oil might be heading on a minute to minute basis. Both of these factors were in play again today as usual. In a deceptively quiet market with the dow ultimately just setting off four points, s p closing essentially flat, we know all about the linkage of. But the fed, ive got to tell you, i just head bringing this to you. I hate bringing it up because everyone else talked about it. Sometimes theres no avoiding it. We know what the bulls want to hear. That the fed is no...