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July 16, 2024
Alltime highs today and if you just looked at the market, you would have no idea, frankly, about the civil unrest across america, as thousands continue to take to the streets to protest Racial Injustice and inequality demonstrations last night a little more peaceful than on prior nights were going to dive into what could be a Tipping Point here in the u. S. Power lunch starts right now tyler, thanks stocks are at their highest level in three months as the rebound continues at a furious rate for ...
July 16, 2024
Testing the alltime highs any day now but you still have to be selective folks im going to explain that to you meanwhile as biden climbs in the polls what does it mean for investors or will comments like these make it impossible for the democratic nominee to win in november . Were probably anywhere from 1015 of the people out there who are just not very good people. Charles ouch the 2. 0 and defunding maybe eliminating the police thats the latest rally call how will this play out in november and...
July 16, 2024
Today, francine. After the three day weekend here in the united states, what i really suggest is the testing of how we get back to normal. The markets decided with futures higher. Francine we will have plenty more on the market shortly, but now lets get straight to bloomberg first word news from new york city. Ritika good morning, in france hasn hong kong, carrie lam defended the sweeping new security laws. She says it is untrue that the legislation would ban street protests. She promised Hong K...
July 16, 2024
59 minutes left of trade nasdaq 100,. 2 from a record closing high set in february hard to believe. Seriously is hard to believe. Were up 0. 4 . Coming up on todays show, despite growing dissent, tech stocks once again nearing all time highs well discuss the outlook for the sector amid new challenges with investor dan niles. Plus, powerful words from one of the biggest icons in sports, nba lenld, Kareem Abduljabbar will join us with his compelling message for all americans about the need for wha...
July 16, 2024
Territory. We will see how long that lasts. A strengthening dollar today and treasuries at around 63 basis points for the 10 year yield. European markets are returning today. The ftse 100 was the only one open on may 1. The rest were closed. We went lower the first thing this morning. The ftse opened and was trading higher, but all of the others lower. Out of the gate as you say, we got a stronger teller today. A big move coming out of the ecb tomorrow sorry, out of the Constitutional Court rega...
July 16, 2024
Huawei. The s p 500 down 0. 9 . Dire Economic Data followed by confidencey good data, according to the Michigan Consumer sentiment data. But we are checking the innards of those data to see what is going on there. The 10 year yield at 63 basis 28. 53, up crude at a good 3. 5 today. Lets get to europe. Germany plunging into recession, gdp falling 2. 2 in the first quarter. Bloomberg has been speaking with executives of German Companies about the pressures caused by the pandemic. Have a listen. Th...
July 16, 2024
Josh brown , some of the individual runs look amazing amazon 7, facebook 7 how long can this continue the other streak thats happening through the Looking Glass is continuing on pace as well small cap stocks look Terrible Bank stocks are the worst place you could be right now now you have the cruise lines and travel related stocks. Those are rolling back over again. I guess retail and energy are hanging in a bit better but the have notes are continuing to have not and so those trends can go on f...
July 16, 2024
Which will hit in b about an hours time. The s p up by just three basis points coming up on todays show, former National Economic council dr director, gary kohn, will join us about reopening the the economy. The debate over funding for states and the Small Business ppp funding. Plus, a flood of big name earnings set to hit this afternoon including as you mentioned, alphabet. Starbucks, ford, am well also speak with the ceo after his Company Reports earnings, what consumers are doing and how much...
July 16, 2024
Since the 80s on a week to week basis. If you want to take delivery for crude oil, you can put it in storage but you probably will not have use for it. If you reopen the economy, you , but thisl recoveries is very much what is expected in markets across the board. Romaine we just want to check on the markets. We did get the closing bell. Up on the three major indices. Stephen mentioned small caps a little bit earlier. The russell 2000 up about 1. 2 . Thebiggest laggards were big cap tech names. ...
July 16, 2024
Under an hour left in the session. Lots coming up on todays show a big exclusive interview with bank of americas ceo. Well get a read on the Small Business relief program. He joins us live in about ten minutes time plus as retail bankruptcy concerns swirl, well speak with the president of sax fifth avenue about whether customers h actually return to stores when doors do reopen but first, lets focus on the big stories of the day. Mike is tracking the market pullback on this first day of may. Josh...