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June 26, 2024
Health and human services. More announcements today. Lets look at where European Equity fund trading now, under 30 minutes to be close at a very different picture from yesterday because we have been seeing a italian banks rebounding, pulling up the ftse and giving lift to european stocks overall. European stocks are still hovering near the lowest level in more than a week. A little bit of thin trading ahead of this referendum and the head of the opec meeting later this week. , italyse equity spa...
June 25, 2024
Stocks are going to end. Ceo jimin charge, moran, joins us later in the program. First, markets. David in the markets this morning jonathan in the markets this morning, s p 500 futures down. Over in europe, a day of gains. The ftse up 510 and the dax up 1 10 of 1 . We will get through the other Asset Classes for you. Cable, big story. The pound at 144 as i speak and the euro at 1422. 47. 75. Ti up about 1 10 of 1 . Around the world and check in with our Bloomberg Team for indepth coverage of our...
June 25, 2024
Quarter progressed really hit the company among all these retail concerns. Joe an ugly day all around, Consumer Staples losing, Consumer Discretionary energy being one area that was positive. In looking for companies or sectors that did not decline, take a look at that xle. Oil and Gas Companies make up the only sector that did not drop. This was along with oil prices. Also, Transportation Needs seemed to decline. Shipper reaffirmed its guidance, but Rising Oil Prices ending t demand, improve th...
June 25, 2024
If you look at what is going on with stocks, we are not being much of a positive reaction, but we will keep an eye on it and see if we see any kind of delayed reaction. Not to mention the fact that the oecd is also cutting its growth forecast for the u. S. To 1. 8 from 2 . Lets take a look at the groups on the move. Energy in the bottom spot, followed by materials, initials. We have a cyclically led decline in stocks at some of the defensive groups like Consumer Staples and utilities are doing b...
June 25, 2024
Will cover all the commodities. Caroline hyde in paris on a warning by the oecd, and Ryan Chilcote in vienna previewing the opec meeting. We begin in asia where Prime Minister shinzo abe has decided to postpone an increase to the sales tax. Delayed once, it is twice, and i am wondering if we will ever get it. Enda i think it just shows you how nervous the outlook is for japans economy. Japan has the biggest debt burden and they have been trying crying out for the government to do more to tackle ...
June 25, 2024
The markets desk, where julie hyman is tracking the moves. The fed, the doj, with big corporate m a deals. Julie it has become a busier week today with microsoft and linkedin, yet today it seems like faster tracking oil prices, not necessarily those other events. When oil started to make a recovery, we saw stock to the same. Now stocks are tracking right along with it. Alternate day averages briefly in the red after going briefly positive midmorning. The nasdaq is now down three quarters of 1 . ...
June 25, 2024
Where julie hyman has the latest. Julie another quiet rally pushing us to new records again for the dow and the s p 500. 51 points, but i track for a record close. The s p 500 as well. The nasdaq has been the big leader with a more than 1 gain on the strength of tech heavy earnings. The s p 500 reached an intraday record over the course the day if you look at trajectory. We saw a record high not that 130. Ago, right around we will see if we see more strengthening into the close. As far as streng...
June 25, 2024
The lowest Unemployment Rate in over one decade and wages rising. This morning, i had meetings others inagues and addition to my duties in this house i shall have further meetings later today, this afternoon, i will travel to berlin to be chancellor merkel to discuss how we implement the decision the british people took any referendum and i expect we will cover a number of other pressing International Issues and tomorrow i will visit paris with similar discussions with their president. Can i war...
June 25, 2024
With dom chu and the steel horse he rides. Dom . Good, bad and the ugly. I feel like watching fistful of dollars and hang them high and also looking at dog in the photo as well but lets talk about the good, the bad and the ugly right now because in todays trade weve seen a little bit of all of that stuff playing out. On the good side of things, weve got transportation stocks. Havent been doing great as of late, but they are moving higher and as of just a few minutes ago 19 out of 20 members of t...
June 25, 2024
I am brian sullivan. And we come into the month on a sixmonth win streak for the dow. But thats not how this month is starting. Heres a look at how your money looks right now. The dow down a lot, not a lot 47 points, given what is going on with oil, tyler, it is no surprise that chevron and exxon are two worst performers in the dow. Much more coming up. Oil a big story today, brian, as you point out. Welcome everybody. Im tyler mathisen. Heres what else is happening this hour in your financial w...