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June 26, 2024
Doctor p dollar per barrel level. Brent up to 52. Is it still linked to the dow the way it had been in. Seems every other day. Every other day. Not like every day. Among todays top stories, china reported gdp of 6. 7 matching forecasts, retail sales rose. Urban investment rising 8. 2 . Industrial output only growing 6. 1 . Markets in asia overnight, lets see. Up on the nikkei, down slightly on the hang seng. And just call it unchanged on the shanghai. Back in the u. S. , another busy day for ear...
June 26, 2024
Up like alphabet nee google stock did. We also know when a Company Comes out with worse than expected numbers followed by the dreaded words cuts forecast as was the case after hours with amazon, the stock gets clobbered. But how about another category . A whole new one. Its causing stocks to jump today. The category that i want to call not as bad as we thought. The not as bad as we thought thesis helped get the averages from getting too hard today, s p declining 0. 3 percent. Let me give you som...
June 26, 2024
December as investors await their g. D. P. Numbers out. And that is what you need to know. David for more on those g. D. P. Numbers, we turn now to carl, chief of u. S. Economist. So we have five quarters of slim pickings. What are we looking forward to . Its growing at 3. 3 five quarters ago. Now were growing at 1. 3 which is below the feds neutral growth separate and thats problematic for the economy. Consensus going into todays number have steadily deteriorated over the course of the quarter ...
June 26, 2024
But how about another category . A whole new one. Its causing stocks to jump today. The category that i want to call not as bad as we thought. The not as bad as we thought thesis helped get the averages from getting hit too hard today. The dow dipping just 30 points. S p declining 0. 3 . Nasdaq losing 0. 65 let me give you some prime examples. Number one notasbadaswe thoughter. Why, its bristolmyers. Not that long ago, bristolmyers was at the top of the heap, the gold standard, the goto name in ...
June 26, 2024
Happening now, donald trump is casting his vote. He is voting at Public School 59 in manhattan on the east side of manhattan. , he is casting his vote, he said he would be voting for donald trump. [applause] [laughter]. Mark 30 minutes away from the close, this is gmm go, global macro movers. Yesterday, we rose for the first day, these are the currency fees rising and falling against the dollar with the pound slightly up. Bond yields and commodities today, a caution ahead of the outcome of the e...
June 26, 2024
Pictures and tell you why all of this happened. We begin tonight with chief meteorologist terry, and that tornado threat is over. It is long gone, and hopefully we will talk about those for another five or six months. Eight tornadoes were for reported in iowa today. Sometimes, we do see this. It is not really common, but is not terribly the front is now pushed off to the east, and the rain is now pushed into illinois and wisconsin. We will be feeling the colder air in the next several days. You ...
June 26, 2024
Alliance is announcing plans for a mega Industrial Park that will be a game changer for the court or economy. The Big Cedar Industrial Center will be located near the airport. Reporter scott, this will be the largest Industrial Park anywhere in iowa and actually the one of the largest in the midwest. Take a look. Right now it is cornfield an distance from hi and interstate 380. There is a rail line right next to it and easy access to the airport just one mile away. It also brings opportunity to ...
June 26, 2024
Named after rockwell collins. I sold it. Take a look at whats happening in the last few hours. Not a bad start to the day. We move the clouds and showers from last night out of the forecast. We are cooler. As we head through the scan the skies we see it pretty quiet. It is 34 on the board. We are at 34 at waterloo. 38 in iowa city. Wims are out of the south and west 5 to 15 miles per hour. That keeps the mild air. We have some cloud coverage across north iowa. Heres the statewide picture. Area o...
June 25, 2024
Jonathan we are looking forward to that conversation. Futures are largely stable. They are down about three points. It looks like we are going to have a stable start to the day. Euro, 11322. You can see the story at the bottom of the screen. Wt is wti is up two percentage points. The yield on the 10 year is upon basis points. 2007. The narrowest since david lets go around the world for indepth coverage. Both kennedy will tell us whats going on behind the surge in oil prices. Were going to start ...
June 25, 2024
A roadmap continues with the retail wreck continuing, gap, foot locker and ross stores all on the move after earnings. And more on the latest on the disappearance of egyptair flight. First up, stocks are poised to open higher a day after the s p touched a twomonth low on concerns the fed might hike rates next month, or in july. The dow and the s p on track for its fourth consecutive weekly loss, thats the first such streak since october of 14. The nasdaq on pace for its first fiveweek streak in ...