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June 24, 2024
Conducting a large scale search. Personnel has been dispatched. A Defense Ministry official said theres with a report that smoke was seen rising near the peak of a mountain about ten kilometers north of the base. Theyre trying to confirm whether the smoke has anything to do with the missing aircraft. Fall jaut from tout from th papers continues. Several country have started inquire he is from the link of information from the rich and famous to off shore tax havens. In switzerland, governing body...
June 23, 2024
Many rate hikes evening will come the next year and whether he sees a global turn around. If youre betting on a global turn around we will tell you which beaten down stocks could go from zero to hero next year and tell you whether facebook and netflix could flat line. We will have mike santoli on that coming up. Plus the new reports says wells fargo sales practices are under investigation. We will bring you the details ahead on the closing bell. Lets start with this cyber monday story. Courtney ...
June 23, 2024
Other. This markets decline, three days, is all about building in the news of the impending rate hike. The first in nine years. Now im hold enough to remember what the market has been like in the ten days leading up to a rate hike and youre getting exactly this kind of action once again. The change is visceral. Those that want to get out before the hike are selling. You cant stop them. The strength of last fridays employment number was simply too great for the fed to ignore and the way Portfolio...
June 23, 2024
Why such a nasty day again . What is really ailing this market . First lets understand each other. This markets decline, three days, is all about building in the news of the impending rate hike. The first in nine years. Now im hold enough to remember what the market has been like in the ten days leading up to a rate hike and youre getting exactly this kind of action once again. The change is visceral. Those that want to get out before the hike are selling. You cant stop them. The strength of las...
June 23, 2024
This markets decline, three days, is all about building in the news of the impending rate hike. The first in nine years. Now im hold enough to remember what the market has been like in the ten days leading up to a rate hike and youre getting exactly this kind of action once again. The change is visceral. Those that want to get out before the hike are selling. You cant stop them. The strength of last fridays employment number was simply too great for the fed to ignore and the way Portfolio Manage...
June 23, 2024
Lets head straight to the markets desk with julie hyman for the latest on this selloff. It has to dond with oil. If you look at the major averages we are seeing a deep decline of nearly 250 points for the dow and that is despite the fact that one very big company in the s p is actually on the rise. Market cap does indeed surpass apple. Up 4 today. Just around 543 billion dollars is where it is right now. That is not helping overall because as you take a look at the number of terminal, energy is ...
June 21, 2024
We have some breaking Economic News on the manufacturing sector. Mike mckee has headlines from the desk. We expected a big drop in the purchasing Managers Index for the month of october. We get a drop, not a big one. We see new orders actually rising to 66 from 65. 8. That was not in anyones real forecast. Employment down just a touch. Interestingly enough prices like oil prices really having it in the impact of their. The dollar has been rising but export orders are up. A really good overall nu...
June 21, 2024
This will be problematic for the fed. If we get stronger wage growth that trumps everything. We have not seen a pickup in wages yet. Consumer confidence rose last week to the highest level since 2007. Bank of america cut the bonus pool for equities traders and sales staff by as much as 10 . The bonus cuts come as be of as trading divisions revenue fell 1. 8 last year. Revenue failing to keep pace with expenses. Forget deflategate. Arizona Health Officials are monitoring hundreds of people for th...
June 21, 2024
Expecting the results of the twoyear auction any second now. The yield on the twoyear is pretty much flat on the trading session. As for the transportation transports have been moving today. The gold marked is up. Tyler is out today. Simon is at the nyse with bob pisani. You can call them the dog days of summer, but this is now the best performance for august that the s p has had for 14 years. Its have i simple and of course some concerns that this may be the better place to invest. You have new...
June 21, 2024
Reasonably confident that inflation will move back to its 2 objective over the mediumterm. Cory the fed is indicating an increase remains unlikely at the april meeting, and not necessarily occurring in the june meeting either. Swiss officials have frozen more than 400 million in assets with accounts linked to a massive Corruption Scandal of the Brazilian Oil giant, petrobras. Steps have been taken to return more than 120 million back to the rightful owners in brazil. A terror attack in a museum,...