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June 26, 2024
Exchange. Good morning. Im sara aseisen. My favorite song. Im wilfred frost. And ill say it again, welcome back. Missed ten day rally in the there are. Missed you. Miss this major move in stocks. But, yes. You had a great time. I had a nice vacation, postelection vacation. Lets check in on the global market. U. S. Equity futures after another rally day on wall street yesterday left the do you up 80 points and trifecta of record closes. First time all four averages closed at a record since 1999. ...
June 26, 2024
Im sara eisen. Im wilfred frost. Good morning to you from me as well. Lets check in on the markets. After another record close for u. S. Stocks, the trump rally has momentum and is strong again. We have a lot of Economic Data to work through today. Ahead of the thanksgiving day holiday where stocks are closed. For now strength in dow futures up 5. S p futures are flash. Nasdaq futures up 3 1 2. The dow with an alltime high yesterday, crossing above the 19,000 mark and closing above it for the fi...
June 25, 2024
Today. Though the s p and nasdaq has turned slightly positive, it is slightly changed here. About thelked oneyear anniversary of the record of the s p and the dow. It doesnt look like its going to make another record. 1. 9 below the record close that it reached on may 27 of 25th seen. Getting back to todays session and focusing on the dow, with this mixed session, we see a push and pull between various stocks. Gains today are coming from home depot, bowling and apple. But they are not seeing a l...
June 25, 2024
Will cover all the commodities. Caroline hyde in paris on a warning by the oecd, and Ryan Chilcote in vienna previewing the opec meeting. We begin in asia where Prime Minister shinzo abe has decided to postpone an increase to the sales tax. Delayed once, it is twice, and i am wondering if we will ever get it. Enda i think it just shows you how nervous the outlook is for japans economy. Japan has the biggest debt burden and they have been trying crying out for the government to do more to tackle ...
June 25, 2024
The pound rising for the First Time Since the uks decision to leave the European Union. We have seen recovery of investor appetite for higher yielding assets. Urrency markets zapping demand you can see the volatility index dropping down 9. 8 . When you look at the underlying compass for this slightly entrenchment slight entrenchment, Monetary Policy and the Central Banks to stay firm. Will get one that. We will bring you Mario Draghis speech live from portugal. The skip to the bloomberg first wo...
June 25, 2024
The best week since november, which is kind of shocking compared to how things looked after the u. K. Vote. Not seeing as large gains, but continuing the trend weve seen the trend weve seen in the past four years. Manufacturing data showed the biggest expansion in more than a year. We also got more positive manufacturing numbers out of europe. Take a look at the biggest gaining groups today. Consumer discretionary is leading in part on the strength of automakers, health care, industrials, and te...
June 25, 2024
Put another good morning. Its Worldwide Exchange on cnbc im sara eisen. And im wilfred frost. Its Throwback Thursday and its go to karaoke songs. And were holding some gains with a mixed picture. Dow futures down 6. 5. S p down 1. Nasdaq positive. Its been the outperformer its up 2. 5 for may. The chart to watch . Brent crude oil. Pushing above the psychologically important 50 a barrel mark for the first time. Were sitting just above there. Just holding on. Besee a half percent above wti. And br...
June 25, 2024
Mathisen is somehow not wearing a tie. More than Economic Data never takes off and you got some big data earlier today. Lets find out what it may say about the economy and your money with the very bespoke Steve Liesman. I may take my tie off. The bad news is that with this mornings revision, we couldnt even get to 1 for First Quarter growth. Q1 actual up 0. 8 . That is an upward revision. There would be hopes for a whole number. 1 couldnt make it. The good news is that weakness is so far not spr...
June 25, 2024
Retail stocks hit hard today. You can see it trading down 19 there. A number of top executives telling us consumers are still spending. So whats behind these moves . Were going to take a deeper dive into whether the consumer is weak right now. A disconnect in all of that. Big earnings from tesla. 21st century fox. And square reporting after the bell tonight. We will tell what you to expect from those reports coming up. And more reports about turmoil between the Republican Party and nominee donal...
June 25, 2024
Made a recovery with more consistent growth than the overall economy. But as recession risks grow, what will happen to housing. Jimmy, welcome to the show. There may not be anybody better than you to tell us whats happening in housing. It many a mixed bag. The good part is Interest Rates are at historic lows. You can get a mort game for 3. 5, 3. 25 interest. If you understand mortgages, the interest and principle on a mortgage are the principle payments, they are the affordability part of owning...