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June 28, 2024
Tesla have done, but if you are worried about next weeks earnings, well tell you how to protect yourself. The action begins right now. Lets get do it. The nasdaq 100 posted the longest winning streak since 2009. The index hit a high thanks to earnings from amazon and alphabet, both soaring to record highs. It aint over yet. Next week is apple and facebook. Facebook hitting an all time high today. Apple trading below it both stocks implying big moves with the potential to spark more than a 40 bil...
June 28, 2024
The wheels of tax reform have been in motion for quite some time. Weve been working on tax since the president was selected. I worked on the plane with him during the campaign but we have been working weekly but the house and senate on the tax plan. This would be a cooperative effort by the administration is taking the leadership. My exclusive interview this morning with secretary Stephen Mnuchin. Well talk sanctions as well as the text of farm package. 250 billion in cash. Most of it overseas. ...
June 28, 2024
It is just past 8 00 a. M. This is daybreak australia. We are two hours away from the open of the first major market. Betty it is after 6 00 p. M. In new york. We will be looking at how the french election, how that will play into the Asian Pacific trading day. We know for the euro, it is strengthening right now. A lot of the macron victory was already priced in to the european currency, so sophie has more on the Market Action so far. Sophie markets liking the defeat of le pen in the vote. We ar...
June 28, 2024
Fbi, the investigation done by the Senate Intelligence committee will continue on its current course as aggressively as we are able to do we continue to hold interviews. Mark the cochair of virginia told reporters today that the white house is not taking the investigation into russia and the election seriously. Russia is urging the u. S. To accept an iranian role in the safe zone plan. Russia also was the u. S. To help enforce the ceasefire and the deescalation zones. Russia passes middle east e...
June 28, 2024
We are seeing the nasdaq outperform today. It is not the record, but it is above yesterdaylosses. And we wanted to take a closer look at what is going on in the dow. The dow on the week is down by. 16 , that has not happened since march. We also want to look at what is going on with oil prices. As we look at the blobe, we have a chart of the oil and gas rigs. This is the streak we have had. 17 straight weeks of increases in the rig count, and the price of oil as well on this chart going a little...
June 28, 2024
We are seeing the nasdaq outperform today. It is not the record, but it is above yesterdaylosses. And we wanted to take a closer look at what is going on in the dow. The dow on the week is down by. 16 , that has not happened since march. We also want to look at what is going on with oil prices. As we look at the blobe, we have a chart of the oil and gas rigs. This is the streak we have had. 17 straight weeks of increases in the rig count, and the price of oil as well on this chart going a little...
June 28, 2024
We are seeing the nasdaq outperform today. It is not the record, but it is above yesterdaylosses. And we wanted to take a closer look at what is going on in the dow. The dow on the week is down by. 16 , that has not happened since march. We also want to look at what is going on with oil prices. As we look at the blobe, we have a chart of the oil and gas rigs. This is the streak we have had. 17 straight weeks of increases in the rig count, and the price of oil as well on this chart going a little...
June 28, 2024
And welcome to power l lunch. Im melissa lee. Mixed picture on wall street with the nasdaq in the red by about a tenth of a percent. The dow adding 30 points. The s p up by three points itself. For the dow and the s p, this would be their fourth day in a row of gains. That has not happened since the month of february. Consumer staple hitting an alltime high on pace for its fourth straight day of gains. Monster beverage, campbell leading there and it has been a volatile day for the Home Builders ...
June 28, 2024
Have a look at where european equities are trading 30 minutes away from the end of the wednesday section. Session. The u. S. Justice department filing a lawsuit against Fiat Chrysler and the china rate increase weighing on sentiment and the second column is the currency column. Most of the currency against the dollar are in gray with Little Movement and sovereign bonds, commodities, your final three columns. Kingfisher is a big recliner across europe, down 7 . Europes biggest homeimprovement ret...
June 28, 2024
If you happen to be watching from the u. S. It is a bank holiday in the u. K. , too. Chinese markets are closed as well. The stoxx 600, pretty flat there, bearing all that in mind. The dollaryen, pretty unchanged at 111. 31. We did see a little strength earlier after those comments from John Williams. Cable is up. 2 . That has been moving fairly strongly ahead of the u. K. Election and a sterling did have its worst week this year last week. And keep your eyes on the 10 year italian yield. It loo...