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BLOOMBERG Bloomberg Daybreak Americas July 14, 2024

They were a little lighter than estimates, but still up by about 1. 6 . This is on the heels of Dollar General, that really crushed it. Heres a negative. They might see earnings on the higher end for the full year. They do not see revenue on the higher end for the full year. They see 43. 6 billion. They had seen 43. 9 billion. That could be a marginal weakness. David stock is up in the premarket a little less than 1 . You mentioned Dollar General, which has a strong showing. Alix blew outcome a ...
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CNBC Squawk On The Street July 14, 2024

In part because the chinese did respond to our last hike in tariffs. A spokesman for Chinas Ministry of commerce quoted as saying that escalations of a trade war wont benefit anyone two sides still planning to meet in september of course, much of this rhetoric or communication is what weve been seeing for some time. I dont think any of it necessarily means the chinese are not still in a stance that sort of has them backing off from full engagement that somehow would lead to a deal in the near te...
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FBC Varney Company July 14, 2024

Through to the open. The s p up about. 87 . Nice gain. The nasdaq up better than 1 . It is a rally. Please note, the market has completely reversed, the selling that greeted the inverted yield curve scare and the china trade scho scare even though that is a threat. The Hong Kong Police have banned the giant demonstration planned for this saturday and beijing has brought in fresh troops. The scene is set for a crackdown. If that happens, it would likely affect china trade talks. By the way, monda...
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KTVU KTVU Mornings On 2 At 6am July 14, 2024

When it hiare forecast high is above average. Santa rosa, oakland, livermore, and san jose will be below. The city is at 65 degrees. If youre heading out for the long weekend. It will be warmer inland. And around the bay, 70s and 80s. Looks like a quiet pattern. 61 to 63 for the water. 65 in the city and holding steady. Hasnt changed. 66 in alameda. And lightning strikes plenty in oregon and washington. Not so much here. But in the sierra as well. And low clouds afternoon highs cooler inland. Oa...
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BLOOMBERG Bloomberg Markets Americas July 14, 2024

Performance in the s p 500 right now. Saying ite and fitch weighed heavily on their quarter, down 13 . A little selling in the treasury market today. We will be talking about all that in just a moment. In europe, one of the bigger stories today, italy. Prime minister conte has accepted the mandate from the president to come up with a government, sending the ftse mib up to the best performance in europe. It is up in europe as well, potentially on china comments. The italy 10 year yield currently ...
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BLOOMBERG Bloomberg Markets Americas July 14, 2024

Adolescents and pregnant women. Ofbecause the concentration thc in marijuana has tripled over the past few decades, the science suggests marijuana use carries more risk than ever. It is fundamentally different product, both in potency and methods of use than what existed several decades ago. Mark secretary a czar called it a dangerous drug in the warning comes as Legal Marijuana has grown into a 10 billion industry in the united states. Nearly two thirds of states have legalized it, mainly for m...
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FBC Varney Company July 14, 2024

I guess investors liked what they saw the dow is going to be up what maybe 80 points after whopping great gang in last two days same story with the s p up about a third of one percent. The nasdaq is going to be up a quarter of one percent. As of now by the way all three within a breath all time record highs. The political news of the day, my opinion good news for democrats howard shuttle starbucks billionaire will not run for the presidency so antitrump volt will not be split and it will be a st...
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CNBC Closing Bell July 14, 2024

Hour of trade, barry knapp back. Certainly the tone feels better. Do you think its fundamental with the trade tensions or some month end rebalancing stuff . I suspect theres a bit of month end rebalancing going on i think its too early to tell whether the Macro Economic fallout from the latest negative Business Confidence shock has what degree of effect its had next weeks ism on tuesday, payrolls on friday, will be much more important bempl marks to see whether were over the hump sort to speak o...
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CNBC Mad Money July 14, 2024

Dow climb 2g 28 points s p advancing 2. 2 its time to revisit fang, my acronym for facebook, amazon, apple, netflix, alphabet, aka google ill throw in the other big tech theme under fire, microsoft. Lets start with apple in the Tour De Force of the new iphone and the watch to me it looks incredible. Battery lifes longer. One hour to four hours depending on your new model. Cheaper prices you also get apple plus, their new streaming service for free with purchase. 4. 99 per month value. Ive looked...
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BLOOMBERG Whatd You Miss July 14, 2024

Action with our markets reporters. Abigail, what are you watching . It has been a few days since we looked at the s p 500 technicals. 50 range between the 200 and day moving average, in that range. Lets look at a year and a half long chart. The history is telling for what is happening now. On the volatility happened in the winter in the spring, we saw similar, caught between the two averages. A battle between bulls and bears. Neither having more information. The bulls did win for new alltime hig...
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