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July 16, 2024
Fractional gains across the board with the russell up the strongest as investors try to assess the weekend impact. Its the first trading day of june joe, whats your inter preation of whats going on as it relates today i think the market is responding to what was a better than feared ism manufacturing report again, it goes back to the theme of the last couple of weeks that the economy is opening domestically and globally better than anticipated i think the positive reaction youre seeing in financ...
July 16, 2024
Frances lockdown to may 11. U. K. Is planning its own extension this week. The daily rate of death in britain is expected to keep rising. Welcome to daybreak europe. After the best week for equity , we do start on the front foot. Exports in china dropping a little less than expected. U. S. Futures in positive territory. As we head into one of the most uncertain Earnings Seasons on record. A great quote i saw from one of our own analysts talked about the First Quarter being history, the Second Qu...
July 16, 2024
In infections or deaths could mean the tokyo economy could go in reverse. There is cautious optimism in europe. Spain and italy reported a decline in infection rates as people are told to stayathome over the easter break. Haidi we are getting breaking news out of south korea. The latest reading of the impact of the ongoing coronavirus pandemic having on this explosive economy. Of threetting a plunge point 8 when it comes to Industrial Production. That is actually better than the survey. We were ...
July 16, 2024
It seems to be working his magic when it comes to boosting sentiment on the markets. When it comes to the growing power, it is pretty good. s are talking about china manufacturing pmi numbers coming in at record lows. These are all falling into contraction territory. As heidi mentioned, the markets are ignoring all of this because of the latest hints we got the boj action. A check on the markets and how they are tracking with sarah. There is nothing like higher coordinated central bank stimulus....
July 16, 2024
Vice chairman and theyll share what to do with your money amid this massive selloff. Lets have a look at whats driving the action the major averages falling into correction territory as the global brought yaoutbreak grows Goldman Sachs is warning that u. S. Companies may generate no Earnings Growth in 2020 based on the elevated uncertainty from the virus and oil prices are plunging on the fears with crude dipping below 46 per barrel at the moment the s p is down 2. 9 , dow almost 800 points. Joi...
July 16, 2024
Decade, because revenue came in much short of wall street estimates. Guy absolutely. Lets go back to that dollar story. Youve got cable breaking lower today, through some key levels. We just broken through 1. 28. The retail bounce we were seeing earlier on has faded quickly. Dollaryen, yesterday we were talking about knowing through 110. We are now through 112. Stoxx 600 just off session lows, down by around 0. 4 . The insurance sector in particular a big focus in europe. Some of these stocks re...
July 16, 2024
After a rough day where the dow tumbled 314 points, s p plunged 1. 56 , and the nasdaq plummeted 1. 67 , i think the problems simple a list of stocks that are working seems to grow smaller by the day. Isnt that what it feels like . We have fewer stocks that are safe to own and more that are down right toxic as we saw near the end of the day when the bears crushed the bulls toward antichina fueled trading. Today felt like a vicious pro Football Game where the quarterback was under pressure all da...
June 27, 2024
Same with the german dax. Lauren Oil Prices Fell last week. 47. 65 a barrel down to 31 . Oldest to win a race in 1. 5 last week and up again this morning. Nicole the dollar broadly lower. The yen is the big story. The euro, yucatan stronger against the greenback this morning. Lauren 5 01 a. M. In new york. Monday commercial in the seventh. Welcome to fbn am, your first look at morning markets and breaking news. We begin with a spirit behind the global south in the market that we are seeing ,com,...
June 23, 2024
Walmart stock, which continues to tumble after the retailer announced massive closings. And it could have major implications for the economy. The action starts right now. So lets get right to it. Tough day if youre long. S p hitting its lowest level since 2014 on chaotic friday. Touched 31. Too late to buy protection . Lets find out. Dan, what if viewers are long, what should they do . Today i thought the selloff was fairly orderly. I know it looked really bad, feels bad looking at statements, s...
June 23, 2024
Stock, which continues to tumble after the retailer announced massive closings. And it could have major implications for the economy. The action starts right now. So lets get right to it. Tough day if you are long, the s p 500 hitting the lowest levels since 2014 on a chaotic expiration friday. The vix at one point touched 31. Is it too late to buy protection . Well let you know. Lets get into the money and find out. Dan, lets start with you. What do viewers do if they are long the market . Toda...