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June 23, 2024
Of these winners that we now affectionately refer to as the fang stocks . Two Money Managers go head to head, one still likes and the other one says maybe time to look elsewhere. Two emerging market currencies that could have major implications for the boarder market. Why everybody should be watching them, ahead on closing bell. Lets start with this friday selloff, bob pisani on the floor here at the exchange. The bottoline is we are not getting any bounce at all. We opened we gapped down more t...
June 23, 2024
S p futures up by 8 and the nasdaq up by 21. Quarterly results coming out from home depot. Heres whats happening. The company beating estimates by 4 cents with profit of 1. 36 a cha share. The Home Improvement retailer also forecasting full year profit and thats also exceeding estimates. Well talk about that in just a minute. Among the other big stories, the dollar hitting a 7 month high against the euro this morning. Among the reasons, expectations that the fed koul begin to raise rates next mo...
June 23, 2024
Going from here. Opportunity in the rubble. We have an Energy Analyst who says there are stocks to buy in that sector if you have the stomach for it. He will tell you what they are coming up in a little while. Plus Venture Capital allstar jim breyer, he will join us live to give us his take on the current tech environment. But we begin with todays commodities swings, Jackie Deangelis is covering the action at the nymex, bob pisani is on the floor here at the New York Stock Exchange. First we tee...
June 23, 2024
Americas most loved stock, apple. We say was because more analysts out today cutting their price targets as more questions remerge about growth and product pipeline. People are hating on am. The faenk stocks, facebook up 35. Netflix up 140. Google up 44. Apple, negative one. Why . Its much bigger. It doesnt have the same growth rate. I wont answer for apple. Ill just say from an investing perspective, people are chasing erjz growth this year into an increasingly narrowing group of stocks. What a...
June 23, 2024
The sector . It is one of the biggest hedge funds in the world. A rare and exclusive look inside citadels super secret risk center. And this is a shocking story you need to hear. Isis setting up, yes, a 24hour i. T. Help desk for terrorists. How far reaching it is and the role of social media in the war on terror. We do begin with what could be a major setback for obamacare. United Health Shares are down about 5 as we speak with the insurance giant slashing its outlook and warning it may stop Of...
June 23, 2024
Nasdaq up by 16. You have earnings, Economic Data and more fed speak. You have best buy, smuckers and gap all set to report erngs today. Weekly jobless claims hitting the tape at 8 30 avm eastern time and the philly fed survey and leading indicators. After yesterdays market moving fomc minutes well hear from Stanley Fisher today. Here on squawk box well hear from Loretta Mester. Shes the cleveland fed president and she will be joining us at 8 30 eastern time. The bank of Japan Holding its Moneta...
June 23, 2024
People shopped over the holiday weekend. Almost equal numbers visited physical stores and online outlets. Well have much more with our veteran industry analyst dana telsey will join us in 20 minutes. Before we do that, lets take a quick check on the markets. U. S. Equities at this hour, dow opening up 27. 5 higher. Nasdaq up 6. 5 higher. S p 500 at 1 point. Lets tell you about global news this morning. World leaders arriving at a u. N. Sponsored summit on the outskirts of paris today. Amid heavy...
June 23, 2024
That was easy. At one point today when the indices broke down, i heard a collective sigh. And i was pretty shocked that i didnt get hit by a white flag of surrender after i walked down wall street after the show. But the facts refused to align with negative story. I think today was one of those times. As we saw a terrific rebound in the averages, after a second bout of hideous selling this morning. The dow closing up two points. The nasdaq declining 2. 4 . First, lets deal with the negativity. I...
June 23, 2024
Expected to announce their merger and challenges the u. S. Governments efforts to curb tax inversions. Wti crude slides more than 3 as the dollar bounces to a sevenmonth high. Energy stocks leading the declines across europe. Todays headline of the man whos taking las vegas by storm one nightclub at a time. Kneel moffitt joins us live from palm beach in 20 minutes. Good morning, everyone. It is 5 00 a. M. On the east coast. 10 00 a. M. Here in london. Quick check on u. S. Futures. The s p 500 se...
June 23, 2024
Anything. We can worry about it endlessly and do selling as many big investors did before the events started occurring out west but ultimately the dow tumbling 159 points, s p plunging. Sadly, i believe, some of the Late Afternoon declined stemmed from worries about the tragic shooting in Southern California and whether it could be part of a larger terrorist action. Most of the selling started and was about Janet Yellens statements. We can flit in and out of stocks based on every Federal Reserve...