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June 24, 2024
Quarter. It also comes against the backdrop of several major speeches by reserve officials this weekend. On friday the governments always important employment report. Oh, yeah, there are still those pesky head winds bedevilling stocks. Oil price, political risks and more. The path forward for equities could be rocky. Reporter overall the stock markets given people a roller coaster ride for the first few months of the year. Now that were trying to close the books on the First Quarter we have seen...
June 24, 2024
It also comes against the backdrop of several major speeches by reserve officials this weekend. On friday the governments always important employment report. Oh, yeah, there are still those pesky head winds bedevilling stocks. Oil price, political risks and more. The path forward for equities could be rocky. Reporter overall the stock markets given people a roller coaster ride for the first few months of the year. Now that were trying to close the books on the First Quarter we have seen a will t...
June 24, 2024
Quarter. It also comes against the backdrop of several major speeches by reserve officials this weekend. On friday the governments always important employment report. Oh, yeah, there are still those pesky head winds bedevilling stocks. Oil price, political risks and more. The path forward for equities could be rocky. Reporter overall the stock markets given people a roller coaster ride for the first few months of the year. Now that were trying to close the books on the First Quarter we have seen...
June 23, 2024
Lets take a look at the numbers there for you. The dow is currently off by 266 points. The s p is down by 41 and the nasdaq, look at that, a 2. 6 drop, 125 points being shed off the nasdaq. All three are now in correction territory. Lets get more on the trading action on the floor of the stock exchange. Its a pretty ugly day, it really feels like the market is having a lot of difficulty finding its footing. A number of different factors at work. You had the weaker close over in europe. You also ...
June 23, 2024
A new potential revenue stream for twitter. The Company Announcing a new video ard strategy, looks very similar to you tubes. We will discuss whether this could help turn the struggling social network around coming up. Elon musk has harsh words for apple, calling it the tesla graveyard. Yes, his words. Fourown grades for his company this week, is musz k getting scared of increasing competition . We will discuss. Tough week for tesla and elon musk. Lets start with the big moves. Weve been seeing ...
June 23, 2024
5. 30 6 million homes. This is after a gain of 4. 7 of the prior month. Economists were looking for a figure of 5. 4 million on an average day so its coming in a little worse than anticipated. This is not necessarily a number that will move the overall market but i am watching the xhb which is the homebuilder etf and were not seeing much movement. It remains higher by about half of 1 . It looks to be taking a little bit of a leg up after these headlines came out. Erik thank you. Coming up come t...
June 23, 2024
England keeping rates at a record low. 5 , where they had been since march 2009. The division was interesting. The sold a center, he has been the sole dissenter. He has voted for an Interest Rate hike will stop what is interesting, some of the comments in the minutes that accompanied the Interest Rate decision. The bank has domestic spending subdued, overseas demand. The officials within the bank of england say they have a range of views on inflation risks. This is a big one, the Oil Price Drop ...
June 23, 2024
Sydney, i believe, the first to in and the consensus price target out there about 18. Celebrate the new year. Higher by nearly 30 . We will be doing that in a betty thank you. Little bit. Well get our time. About a half hour into the trading session. China, the u. S. Or emerging i want to head to the markets markets, what region will see desk were julie hyman is the best returns and biggest standing by. Julie im happy to start risk in the coming year . Celebrating right now. We take you around t...
June 23, 2024
About five points. Looking here it is actually interesting to see where we are. The dow going negative earlier. China suggesting it could add more stimulus and metal stocks, but Energy Stocks are following as oil is falling. Lets take a look at the s p year to date. We are looking for a loss for the year right now at least. We are down by about two and one third percent with eight trading days left. The index has finished higher in the past three years but we are at least for now on track to bre...
June 23, 2024
It will be down to the wire whether the s p will post again or a loss for the year. Gain in the but we will see that holds by the end of the week. The move, energy down nearly 1 . Materials also down. 4 . A broadbased selloff. Not seeing steep declines, but seeing the many lot of different groups. Crude a natural gas it not gas had been on an upswing with forecasts for colder weather. It has been giving up recent gains. Crude oil prices down. It an unexpected build and inventories last week. Of ...