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CNBC Worldwide Exchange July 13, 2024

Cooperman taking on trump over the Federal Reserve in times of crisis Worldwide Exchange begins right now. Good morning and welcome to the show im dominic chu. Announcer to Brian Sullivan. With me the entire hour, peter bookfar wiright now stock futur indicate what could be a nice open to the upside, about 175 points within the last hour we were up 400 to 500 points implied. Well see if that moves. The Dow Jones Futures have been going from losses all the way to gains. At one point we had a rang...
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BLOOMBERG Bloomberg Daybreak Europe July 13, 2024

Oils biggest drop in three decades. Some buyers of saudi crude are said to seek 50 more after it slashes prices. The ferocity of yesterdays in this mornings rolldown. You are seeing a moment of either reprieve, and the best opportunity to sell in terms of the s p futures over the past two days. On a futures front, we are off on the s p up on the s p futures. Up 3. 5 . All out recession was being pumped into the prices yesterday. We turned into a bear market. Dropping futures by 20 . Have a look ...
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CNBC Squawk On The Street July 13, 2024

Erased but futures have jumped back into the green. Jim, we know its going to be another crazy week, very hard to predict. So what is your tell this week i thought the advice we got from friday ended the teeth of it but if the market is up, were still oversold and thats what you got for it but i dont think theres much that you want to buy i think youd rather wait until it goes back that swing, at 3 30, the futures were up 80, it was crazy, but i think what matters is that there are a lot of peop...
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BLOOMBERG Bloomberg Technology July 13, 2024

A gut punch for the tech sector. Apple is the latest to pull the inperson events. Its worldwide conference will and a red online only ashless society fear of the virus via the greenback. Well talk to the cofounder of square. Take a eantime, let us look at how wall street ended, this wild week. I have no words. Erased all of the losses that we had on yesterday, look at this, s p having its 20008 and tech really one of the big outperformers here followed by as you can see, 13 basis points. At one ...
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CNBC Fast Money Halftime Report July 13, 2024

Jon najarian, what do you tell people dont appreciate the number of cases there are going to be. Me what do you do with the up fear is also contagious. People are going to stop going 1,000, down 1,000, 92 bips on out. We are a Service Economy the ten year people have to go out. What are you supposed to do . I dont see any reason for if you are me or somebody optimism, the stock market has very, very shortterm you buy on completely underreacted. The disand sell on the rallies from a wellknown hed...
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CNBC Closing Bell July 13, 2024

Dominate bonds surging, yields making new record lows today as the tenyear fell below 0. 9 opec backed the biggers cut, dependent on russias approval is thats all to come. Joining us for the first full hour, stover any link. Interesting to me, though. Week to date, only three sectors are in the red week to date the s p is up a couple . Today was basically just within yesterdays range. It is the market finding out to whats notable, though is the cyclical areas of the market getting brutally hit s...
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BLOOMBERG Bloomberg Markets Americas July 13, 2024

Than to postpone or move them. The modern olympics, which dates to 1896, have been canceled only during wartime. The driver of a tesla suv killed in a crash two years ago was playing a videogame on his own at the time. That is according to the National Transportation safety board. At a hearing today, the ntsb chairman said partially automated driving systems like teslas autopilot cannot drive themselves. Says, drivers continue to use them without paying attention. The family of the engineer is s...
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FBC Varney Company July 13, 2024

287 points. Tracing half of yesterdays loss. The Oil Price Crash is a problem yesterday, still his. Bankruptcies and layoffs are a near certainty in the oil patch, drillers can to make money, cant service their debt with oil in the 30 barrel range. Russia wants to meet with opec soon, to see if the price war can be resolved. Oil is back to 34 a barrel as we speak. The anxiety indicator, the 10 year treasury yields 0. 6 almost double what it yielded at the low yesterday which was 0. 31 . Big day ...
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BLOOMBERG Bloomberg Markets July 13, 2024

And any barriers to goods and workers should now be removed. U. S. Business is pleading for help as demand and production fall. The president calls says that china will pay. Shery we are looking at how markets are trading. U. S. Futures are under pressure after we saw the nervous rebound in the trading session. The s p 500 slipped between small gains and losses. We have energy in a discretionary stocks leading the gains. We actually saw the nasdaq composite really rising more than 2 because of b...
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CNBC Closing Bell July 13, 2024

Bremmer, and Gabriela Santos the dow is down now almost 700 points again coronavirus fears sending the market plunging. The dow falls at one point more than 1,000 points at session lows all sectors going into correction territory which means 10 off their highs. Stocks are off to the worst level of the session after jay powell came out with a statement saying the fundamentals of the u. S. Economy remain strong and bond yields are plunging again sending Mortgage Rates to their lowest levels in eig...
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