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CNBC Squawk On The Street July 14, 2024

Needle for investors were going to talk about weworks embattled ipo plans and play the long game, thats the white houses message for wall street on china trade stocks pointed to a muted open today. Apple is set to unveil the latest new Iphone Models and other product updates today, features on the phones might include upgraded processors, new camera functionality, the event will take place at the headquarters in california, beginning at 1 00 p. M. Eastern time jim, talking about what else we mig...
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CNBC Options Action July 14, 2024

A step back, what has been happening is the direct effects between the u. S. And china of the actual tariffs, you know, theyre starting to get up towards potentially over the course of two, treeyear period about 1 percentage point lower for usgdp if they remain in place. Theres the direct effect. What is happening globally is a confidence effect on business, business confidence, not just in the u. S. And china, but across the supply chains and more broadly because it is not, as you know, just a ...
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CNBC Closing Bell July 14, 2024

Im sara eisen look at whens driving the action higher. A thaw in the trade war again. U. S. And china resuming tariff negotiations in october. Strong Economic Data helping ease some recession fears and the s p moving back above the 50day moving average. Key technical level. Tech stocks are leading the rally. Two big interviews coming up on closing bell. Box Ceo Aaron Levie and with Consumer Staples near alltime highs kimberlyclark ceo michael hsu will join us see both interviews only right here ...
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BLOOMBERG Whatd You Miss July 14, 2024

Wasnt just haven bonds being sold it was also Precious Metals. Gold is down and so is silver. The worst day for these Precious Metals going back to 2016. What makes this so interesting is the dollar index is flat. Investors just wanted out of the haven assets. Thats not entirely surprising. Looking at the gold chart that goes back over the last five years, we have seen gold stuck in a huge range between 1200 and 1400 area right now moving this year moving above it. We have seen the indicator put...
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FBC Varney Company July 14, 2024

The nasdaq up better than 1 . Thats a rally. By the way, the yield curve is not inverted. Treasury rates are now firmly above their lows of the last two weeks. Got a question for you. Why would apple, with over 200 billion in cash, borrow even more money . They are jumping on the cheap money band wagon, issuing bonds along with cocacola, disney, deere and a host of other Blue Chip Companies. They are making hay while cheap money flows. And they will pull in money from overseas, too. Over here, c...
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BLOOMBERG Bloomberg Markets Asia July 14, 2024

The Commodity Index hit. Abouth the moment, off by 0. 6 . Look at that. Eld, a negative trend by over 1 . We have been down further than that, but that is quite shocking. David to anyone who tells you dont buy the 50, look where it is right now. Get the first word news. Paul allen is here for that. He has an update. Hurricane dorian has made landfall in the bahamas as the strongest storm ever recorded there. Torrential rain and winds gusting up to 300 kilometers per hour. A likely storm surge of...
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CNBC Street Signs July 14, 2024

Hes confident of a positive outcome in Coalition Talks he says hes prepared to enter into new government if the terms are right. I want to give a government to this country, but not at all costs. If another is formed, we must not approximate these issues. Germanys far right makes sweeping gains in two Regional Elections a blow to the countrys ruling grand coalition. Want to just bring you some eurozone final manufacturing pmis coming in at 47. 0 thats in line with the earlier estimate we had of ...
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CNBC Closing Bell July 14, 2024

China promises a set of tariffs. Jay powell declining to signal more easy Monetary Policy. The yield curve inverting yet again. How will business respond . How will it impact the economy more importantly, what does it mean for the market and investors . And then a news making interview you cannot miss. Federal reserve vice chairman Richard Clarida from jackson hole we are covering the angles with the team of reporters as always. Elan, first to you on the china fears which appear to be trumping t...
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CNBC Options Action July 14, 2024

About 1 percentage point lower for usgdp if they remain in place. Theres the direct effect. What is happening globally is a confidence effect on business, business confidence, not just in the u. S. And china but across the supply chains and more broadly because it is not, as you know, just a series of measures between those jurisdictions. We had issues with usmca, we have issues around auto, we have issues around steel. We have issues in terms of the technology complex, if i can put it that way,...
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CNBC Mad Money July 14, 2024

American companies should move production out of china and back to the u. S all of this with the eyes of the world on jay powell in wyoming Steve Liesman has been talking with the most powerful central bankers and will join us in a minute but to e lolon where the president lunaunched a tweet storm. On september 1st, the chinese imports supposed to be taxed at 10 will be hit with a 15 tariff on october 1st, the tariffs on 250 billion in chinese goods that were already in place will go from 25 to ...
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