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June 23, 2024
John harwood caught up with her earlier this week. Well bring you that conversation later this hour. First lets get to the markets this morning. We have seen a lot less volatility since people have been waiting to see what the fed does this week. You can see that the futures are relatively flat. Dow futures down 3 points. S p futures off by 2. We started yesterday down 50 in the morning and ended up 250. You have been talking about more than 400 points during the day. A lot of people are waiting...
June 23, 2024
Shrugs off with a sector trading in the green. A bedrock of global stability. Chinas president urges stronger cooperation with the United States as he works to reassure Business Leaders amidst reform and cyber security. Instagram tops with over 400 million people. Coming up on the show, find out how bank of america chief has held on to both his titles despite concerns of descent. A victory for hillary clinton. The pharma firm will drop prices but by how much . And new york yankees legend yogi be...
June 23, 2024
Between donald trump and his rivals. A lot of attacks too. Before we get to todays other business headline wes have a developing story for you. A major magnitude 8. 3 earthquake off the coast of chile shaking the country leaving 3 people dead. Waves of up to 15 feet pounding coastal areas. A billion people evacuated. This quake was to powerful that it was felt across the continent. Well tell you more about this as we continue to follow the story through the morning. Lets tell you about the big b...
June 23, 2024
Says a hike wont cause a correction until u. S. Stocks are back in the bubble. The u. N. Calls for the halt for detention and ill treatments of migrants as germany imposes emergency border controls saying it can no longer cope with the influx of people. And welcome to worldwide exchange. Lets take a look at the Chinese Industrial figures we got over the weekend. This is the reason we saw a heavy selloff in the shinnin exchange. It grew by 6. 1 in the month of august. Its raising concerns about t...
June 23, 2024
And andrew ross sorkin. Well talk about the fed and the Market Reaction in a moment. But first, check this out everybody. Close friend of the show. Jordan spieth hitting a hole in one. Yes it happened on par 3. The par 3 2nd at conway farms golf club. Thats in lake forest illinois. One bounce off the run on to the green and right into the bottom of the cup. Wow. Okay. Lets get you caught up on the market news in the morning. Got to love that. U. S. Equity futures at this hour after the feds deci...
June 23, 2024
In just a moment. The premarket settling into some positions. More news on cable vision today. Japanese export data today, monday markets will be key. It starts to come in better than expected and the claims were down as well. In our road map today, u. S. Based cable vision in a deal. And more from the conference and a interview with the verizon ceo. And what ciscos chuck robins told jim last night. The day is finally here after fed policy makers wrap up their twoday meeting, well find out wheth...
June 23, 2024
Announcement come thursday, thats a twoday meeting, wednesday and thursday. You can see ahead of that the dow futures look like theyre up ahead 36 points. S p up by 4, nasdaq up by 15. We have a couple of big market stories were watching this morning. Disappointing Economic Data. Fixed Asset Investment industrial producing falling short of estimates. Retail sales did come in stronger than expected. Shanghai composite closing down nearly 3 . Volatile session shows that the index is dropping as mu...
June 23, 2024
Itunes app store has malware affecting apps developed in china, could other parts of the program be at risk . We have a top security expert. What are those of us with ipads and iphones supposed to do with b. It . Plus new data on existing home sales falling more than expected and now Jpmorgan Chase is making a move that could put another damper on home sales. That story is also just ahead here. Lets start with biotechs getting slammed. Those stocks down as you saw there after that New York Times...
June 23, 2024
Commodity prices downs a well as concern over fall out from china continues. 11 million cars may be effected and the stock, its down another 20 this morning, volkswagen. And bank of America Votes on the roll of its chief executive. And that share holder meeting begins within the hour. Jim. What explains this turn round, because japans closed, asias been moderate overnight. I think most of the markets in a bear market. This kind of behavior should have happened yesterday. And somehow the market r...
June 23, 2024
Of lock towns throughout the city. Traffic wasnt as bad as i expected. A lot of people took head of the warnings to stay clear of the area. First lets get to the markets. Check out the futures this morning. Youll see big gain across the board. Right now it looks like the dow futures are up by 250 points. The s p futures up by 24 and the nasdaq up by 52 points. She said it would likely be appropriate to raise rates if near zero in her words sometime later this year. The understanding we had when ...