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June 24, 2024
Sees shares going. But first, we start with the markets. All three of the major indices hitting their highest levels since january 7th. Both the s p and dow not out of correction territory. Heres what was different about today. Bonds they sold off hard. Take a look at the beaten down bank stocks. They had a huge day. So is the rally now confirmed, guy . We talked about it on friday and january 20th, the transports bottoming out and trading really well ever since. In 2025 gets you excited then th...
June 24, 2024
Essentially may pay them to lend and that the dax would drop, you would have locked me out of the room, but that is what happened yesterday. David we have someone to explain it all to us. Our very special guest is Mohamed Elerian. We think of him as a bloomberg columnist. Welcome back. It is good to have you here. Mohammed co. Wonderful mohamed wonderful to be here. Jon the republican caroline the republican president ial candidates stayed away from namecalling. Trump said his campaign has been ...
June 24, 2024
Ofis the latest in a series assaults on hotels in west africa. Malaysian Officials Say debris that may be part of a plane engine has been found on the coast of south africa. Disappears two years ago. For the First Time Since the , ith of Antonin Scalia ended in a tie. Global news, 24 hours a day powered by our 2400 journalists and 150 news bureaus around the world. Im mark crumpton. Bloomberg west to his next. Emily im emily chang and this is bloomberg west. Belgium reels from attacks in brussel...
June 24, 2024
Dispute involving discrimination under a federal equal credit law. Global news 24 hours a day powered by our 2400 journalists and more than 150 news bureaus around the world. Im Mark Crumpton. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Belgium reels from attacks in brussels. After postponing its hearing against apple, we dig into just how the guy plans to unlock the iphone in question. And a dough before ahead with its transition to the cloud. We will talk to the ce...
June 24, 2024
A soft feel for a lot of these markets. Futures at the moment, 15 points on the dow. In europe, the dax down by 1. 4 ine point force the red. A break below 1. 07 for the first time in a team as per this is the kuroda pain train. Another four percentage point spirit as the dollar weakness kicks in, it is another weak dollar, sinking to another 11 month low. A weaker dollar, commodities go higher. That is intact. A lot to break down in this market ahead of those earnings across the oil majors. But...
June 24, 2024
Anything that wasnt nailed down, because the europe kwan Central Banks are getting more aggressive in trying to stimulate their flagging economy. The result . Ill tell you. They were picked off picked off. Dow opening strong, but then nosedived as much as 179 points earlier this afternoon before rebounding hallelujah s p 500 actually closed up. Nasdaq climbed 0. 26 . J they say why do you keep doing the show day after day, month after month, year after year . I tell them i do it, because i like ...
June 24, 2024
Dig deeper into oils impact Going Forward. Going in Different Directions which is very unusual, definitely what we didnt see in the First Quarter. Costco starts its deal with citigroup today. What about former partner American Express . We have both sides whether one of the biggest losers can turn things around. The yahoo brain drain isnt over. Details on the latest executive to leave the struggling Internet Company coming up. Shares of tesla are popping after the company unveiled the model 3 la...
June 24, 2024
Report. Which first sent the market down, and then upon further review, made it roar back to life. Dow ultimately gaining 108 points, s p advancing 0. 6 . Nasdaq 0. 92 . Wow so how do you play something as dry and convoluted as the labor departments release . Simple, you look at outsized gains in certain segments of the report and you extrapolate. Which ones showed truly outstanding growth . First there was construction. The economy added 30,000 construction jobs in march, with the heaviest conc...
June 24, 2024
Both down by 0. 75 . Chinas february exports dropped by more than 35 in u. S. Dollar terms. Imports there fell by nearly 14 . Of course, were watching Oil Prices Today too. Crude was up by 5. 5 yesterday. Its up 45 from februarys low. Right now its down by 1 , but wti still sitting above 37. 50. Scott . All right. Speaking of oil, the Goldman Sachs Commodities Team out with a new report today. That title, the three rs. The goldman team suggests those factors have driven a prema chur surge in Com...
June 24, 2024
Yes. And something i think were going to be talking about a lot today. And probably into the week. This rebound in growth tech stocks weve seen throughout february and continuing into march. Some of these netflix up about 20 off the lows, i believe. Workday at 48. Now around 73, i think. At least where it opened. You go on down the line. Linkedin is up 15, 20 from where it was at the lows after earnings. It seemed like investors were backing away from these Growth Stocks and the idea they were n...