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June 30, 2024
Coming up. We do have quite a rally with the dow in particular. The transports continue higher all the major averages are in record territory. We also have big calls on the Airline Sectors today and the banks as financials get set to report. Were heading into earnings season well have you up to date on those. Lets start on the floor of the new york stock exchange, mr. Robert pisani joining us with a recap of whats going on as we get ready for earnings, right . Yeah, a lot at stake here, but sixd...
June 29, 2024
It is a bit lower from where we inrted in the early going the morning. However, the s p is rebounding from some session lows and we saw the Chinese Market moves down again. Nymex crude down 2. 5 . Irang coming out they aret to say ripping of production as fast as they can. To 1090 perdown ounce. Pimm lets see we can take a look at the fixed income markets and bonds and see what traders are doing their. Re. A little bit of writing, 287 for 2. 8730 year long two for the 30 year. Here is currencies...
June 29, 2024
In more hours. Elliott will beginning us an update on what we are seeing. It will take operations elsewhere if no agreement is this is deval 2. 0. Reached. Caroline lets return to china. You can see what is happening. Lets get back to our top story. The Dollar Strengthening. Here is what our guest has been telling us about the yuans he seems to be the safety trade around the world. Continued plunge. Week exports were part of the a really sharp pickup in the currency for a second day. Reason. The...
June 29, 2024
To top headlines. To bealk of a Briefing Held at 10 15 on august 13. I believe that is into their morning as well tomorrow morning. Lets get you caught up on what occurred overnight. Here is julie hyman. Chinas decision is rattling market today. Theks are down around world, and futures in the u. S. Indicate u. S. Stocks will be lower at the open as well. Commodities also declining. Hsbcs senior economic adviser told bloomberg we could see this as a bit of a payback. China is in a difficult posit...
June 28, 2024
The dow gaining to a record high, but not holding on. The sector groups are performing well today, you can see there are for Industry Groups lower and seven higher. Energy and financials leading the way. Financials expending extending their advance. This is after the big u. S. Banks pass the stress test and got approval to return cash through dividends and buybacks. Plenty of things for investors to like about financials, including rising bond yields as well. Terms of Actual Company specific new...
June 27, 2024
Reporter republicans have been name checking companies and ceos pointing to them as nonpartisan evidence that the Affordable Care act didnt work but today i asked speaker ryan exactly what was in the bill and what he can do to incentivize companies to participate in the new plan and how they can make money from participation. He said he actually cant do much but hss secretary tom price can. Tom price for legal reasons cant tell you what hes thinking about doing. Theres laws that prevent that. We...
June 27, 2024
Are trading with julie hyman. Julie i thought you were going to say david gura, a big unc booster. Direction here. Returning to the platelet we have been seeing with the sideways movement, there are some lagging groups, financials are down, Technology Shares as a group are down. I want to dive into tech a little bit more. Seen that group outperformed recently, with the nasdaq, the only one of the three major averages three at 10 record highs in the past week or so, although its little changed to...
June 27, 2024
Are trading with julie hyman. Julie i thought you were going to say david gura, a big unc booster. Direction here. Returning to the platelet we have been seeing with the sideways movement, there are some lagging groups, financials are down, Technology Shares as a group are down. I want to dive into tech a little bit more. Seen that group outperformed recently, with the nasdaq, the only one of the three major averages three at 10 record highs in the past week or so, although its little changed to...
June 27, 2024
Are trading with julie hyman. Julie i thought you were going to say david gura, a big unc booster. Direction here. Returning to the platelet we have been seeing with the sideways movement, there are some lagging groups, financials are down, Technology Shares as a group are down. I want to dive into tech a little bit more. Seen that group outperformed recently, with the nasdaq, the only one of the three major averages three at 10 record highs in the past week or so, although its little changed to...
June 26, 2024
Mark have a look at where european equities are trading. Equities are falling for a third day. These are the currencies rising against the dollar. We have defensive assets such as bonds falling, yields gaining, and commodities, that is the huge today. Lets get to the earnings. It owns caring and gucci, shares jumping as much as 9 , the highest since 2001. Fastest sales growth since 2012, boding well for luxury goods makers as christmas approaches. Reporting estimate beating sales indicating that...