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June 25, 2024
Minutes, the dow up almost 200 points. The s p 500 gaining two and higher for the week. It was a bit of a tossup which way we would end but it does look like its a positive number for the week. If this was the dows best day since september 12 and within the different sectors looking at financial and energy, those two groups leading the gains in the s p 500. It wasnt a bad week in terms of volume. You had an average of 10 billion shares. Im going to jump into what happened specifically in the sto...
June 25, 2024
This year shows it had 426 full time employees. They say this will not affect the launch of its new pancreatic Cancer Therapy drug. Theres a deal to combine Outdoor Companies bass pro and cabelas. Bass pro would pay cabelas shareholders 65 and a half dollars in a 4 point 4 billion dollar deal. But this deal creates uncertainty about jobs, and its not clear how many jobs might be lost. This week the American Red Cross is opening people impacted by flooding in eastern iowa. A center in vinton at B...
June 25, 2024
Canadian National Railway tonight the company says its working with the Linn County Sheriffs Office on this investigation. And no crew members were hurt in this crash. Live in linn county, jordee kalk, kcrgtv9. Police in keokuk are looking into a shooting that killed a woman overnight. Officers found carissa rivers unresponsive, in a keokuk alley near 10th street and north 5th hospital, where she died. She was 29. Police have not identified a suspect in the shooting. But say the public is not in...
June 25, 2024
Case, the River Valleys will probably go first, but all areas do have a risk of fog during the morning commute. Otherwise, highs should get back into the lower 70s today as partly cloudy sky develops. Our storm system thats set to affect the area mid week continues to be on track with two different rounds of rain. The first round should move into eastern iowa on wednesday morning, with another batch of rain set to arrive on thursday. The timing of these rounds still are not fully set as the impa...
June 25, 2024
Anchor against the grain, the United States takes aim at china over socalled excessive farm subsidies. Ilcome to bloomberg markets, am anna edwards. It has just gone 5 00 here. Past noon injust hong kong. Welcome to bloomberg markets. What we are watching is the of volatility. We are seeing an extension of the losses this hour. There is no asset class that seems safe. Equities, they are all falling to read wonder what it is looking like in europe. Anna my favorite line from company. , misery lov...
June 25, 2024
Twice, but three times before monsanto agreed to be acquired and each time the price tag increased. Todays deal came in at 128 a share. And that sent shares of monsanto slightly higher in the trading session. The takeover will create a conglomera that operates in pharmaceuticals, health care products, pesticides. So it still needs regulatory approval, and given that monsanto is the Worlds Largest supplier of genetically modified seeds, the combined company would be a power house that could resha...
June 24, 2024
Year despite a rather uninspiring session today. The dow gained more than 400 points from last fridays close as concerns about china and oil took a back seat, at least for now. Today the dow industrial average fell by 21 points, closed at 16,391. The nasdaq gained 16, s p 500 basically fact. Smallest point decline for the s p since august 2012. For the week all the major averages rose 2. 5 or more. And as bob fasani explains there may be a key milestone for the market. Reporter this was an impor...
June 24, 2024
Year despite a rather uninspiring session today. The dow gained more than 400 points from last fridays close as concerns about china and oil took a back seat, at least for now. Today the dow industrial average fell by 21 points, closed at 16,391. The nasdaq gained 16, s p 500 basically fact. Smallest point decline for the s p since august 2012. For the week all the major averages rose 2. 5 or more. And as bob fasani explains there may be a key milestone for the market. Reporter this was an impor...
June 24, 2024
Year despite a rather uninspiring session today. The dow gained more than 400 points from last fridays close as concerns about china and oil took a back seat, at least for now. Today the dow industrial average fell by 21 points, closed at 16,391. The nasdaq gained 16, s p 500 basically fact. Smallest point decline for the s p since august 2012. For the week all the major averages rose 2. 5 or more. And as bob fasani explains there may be a key milestone for the market. Reporter this was an impor...
June 24, 2024
Expectations usually equals a good earnings reaction. Could this be a recipe for stocks to hit new highs . A hundred percent it could. Think about the resilience. Im not going to pretend ive been a raging bull, i absolutely have not. Think about the resilience of the market. Thursday night you heard from microsoft, starbucks, google, disastrous outcomes in terms of what the stock did. Yet the s p was flat on friday and down a few handles today. Actually rallied back from being down double gij it...