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June 23, 2024
We start with the equity markets which is moving higher as the fed meets to decide whether or not to begin raising rates. Lets look at the numbers with the dow, the nasdaq and the s p. The nasdaq and the s p are now tracking for their second consecutive week of gains. Something that neither has done in nearly three months. But, ty, the real action here is in the oil market this hour with oil soaring. Wti crude up by 5. 3 . It could still be the biggest daily gain since august 31st when wti jumpe...
June 21, 2024
Imports plunged almost 20 on falling Commodity Prices and week domestic demand. Hello. Welcome to countdown. Also coming up today, australias Prime Minister with a threat to his leadership. Will it be tougher for tony abbott to address his countrys weakest economy in a generation . We start with our bloomberg exclusive this morning. The governor of the central bank of russia has told this channel that russia will not inflate its way out of the financial crisis. In her first ever interview with a...
June 21, 2024
But it seems people would rather have the tortoise than the hare. The question about this one is whether we will get the same result. Yields are moving up. Well talk to Rick Santelli about that. Gold is getting slammed. Oil has been a little higher today and it goes back to the jobs report. Its jobs friday. Well see how that wraps up trading with an hour to go. The dow right now is down 57 points as traders troo toy make sense of where this leaves the fed and what happens next with the u. S. Eco...
June 21, 2024
Global stocks on track since 2012. We begin with the final trading day of the month and quarter. Hong kong stocks closed lower amid continuing protests. Paypal will be spun out to its own publically traded security next year. The stock spiking this morning. We have more from ebay ceo john donahoe. Caseshiller home price numbers are out. Well talk with Robert Shiller first here on cnbc. Well discuss that decision by ebay to reverse course for something the company was articulating was not a good ...
June 21, 2024
About three points going lower here, and the nasdaq were keeping an eye on that one. Its going to be all about the nasdaq this week. Eerily similar to the exact same time of near 15 years ago the nasdaq closed at alltime highs. Its closing in on 5,000. It just turned negative on the session. Were off five points. 4,963 is the level. Were talking about 35 points away from crossing 5,000. Well have lots of numbers coming up on this. Obviously on an inflation adjusted basis you would have to of tha...
June 20, 2024
Kudlow report, beginning right now. Good evening. Im larry kudlow. We are live here at 7 00 p. M. Eastern and 4 00 p. M. Pacific. Two big stories tonight the political story is still quite fluid. House republicans just got out of a meeting with president obama at the white house, and here is what House Majority leader eric cantor had to say about it. We had a very useful meeting. It was clarifying i think for both sides as to where we are. And the take away from the meeting was our teams are goi...
June 20, 2024
Shiller and auto sales. The nikkei closed up 56 . The best performance in 41 years. This final shortened trading week, all the major indices coming off big gains last week. As we look back on this great year for the equity markets, did 2003 end up stealing gains from 2014. Well take a closer look. But this year was not a good one for gold. The precious metal having its worst year in more than three decades breaking a 12year winning streak. Google and apple are expanding their fight for tech supr...
June 19, 2024
Dennis why movies are getting booted from the big screen in a desperate race to fight for your box office bucks. Cheryl time for stocks now. Every 15 minutes, bringing in Nicole Petallides. We talked about this earlier, you dont get big reaction today from the fed chairmans testimony, that is the good thing we are nothing a lot of volatility. You are right. We stayed within the 100 points range top to bottom. Up about 18 points. That being said, we do have a highly comminuted fed for the moment,...
June 12, 2024
The playlist features recent releases alongside songs from the city’s past
May 4, 2024
Julie Chen Moonves revealed that โCelebrity Big Brotherโ will return to CBS at one point and who she dreams of seeing in the cast