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Transcripts For FBC After The Bell 20240712

The markets. Ashley, first to you. Ashley well, guys as we say good riddance to september where all the major indexes posted a loss we embrace a new month but we havent come exactly flying out of the gates although green across the screen. The dow finishing slightly higher as you can see, about 1 10 of a percent after being down more than 100 points. S p up half a percent. But it was nasdaq showed the best performance of the new month up 1 1 2 . Like Charlie Brown with a rain cloud over his head investors are frustrated by congresss inability to agree on a new stimulus bill. With the markets going up and down with each competing headline from nancy pelosi and the treasury secretary and everybody else. As a result we saw stocks move for the most part today sideways in somewhat flat trading but as i mentioned the big tech stocks did manage to give the Broader Market some impetus. Amazon, microsoft, facebook, Alphabet Google all managed to make nice gains today which you can see gave the

Transcripts For FBC After The Bell 20240713

Tonight to gain support in a state he barely lost in 2016. Well bring you any breaking comment from the president on china trade and Everything Else, if and when he stops and talks to reporters on the white house south lawn. Millions in the dark in california. Power outages extending for a second day. The reason behind what seems like a drastic measure. Maybe if there is a better solution. A new red flag for Social Security. The new numbers that have critics sounding the alarm. Melissa fox Business Team coverage. Edward lawrence at the office of the u. S. Trade representative in washington. Gerri willis on the floor of the new york stock exchange. Lets kick it off with edward. Reporter melissa, im looking over my shoulder any minute that door will open. Treasury secretary Steve Mnuchin has come out of there already. Appears the talks are wrapping up for the day. There is a lot of movement, the Chinese Trade Team will be leaving here. This is this round of facetoface talks, both in mara

Transcripts For FBC After The Bell 20240713

The New York Stock Exchange and phil flynn keeping his eye on the gold at cme and blake burman at the white house. Edward lets start with you. The jobs report last time we saw 3. 5 unemployment an american walked on the moon. 1969 was the year. President donald trump over the moon about this jobs report. White house Economic Advisor larry kudlow though says he is blaming the fed for the sluggish wage growth number in these numbers. Listen. One were still suffering the aftermath of severe monetary restraint in 2018. That restraint is being removed and in fact were about six to nine months that is the usual lag, so i think, the worst of that fed obstacle may be coming to an end. Reporter now one of the numbers in the report that has been overlooked really is the revisions. They have, jobs report for the last two month was revised up 45,000 jobs. That means last month the economy created 168,000 jobs, up from 130,000 jobs that makes last month a little bit slower jobs report look a lot be

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