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June 23, 2024
Terrorism. John harwood will join us from the white house. Before we do that, lets get up to speed on this mornings other top stories. Michelle . Lets start with oil. Crude prices dropping after fridays opec meeting. As a result theres no agreement on output targets. In fact, the cartel didnt even mention a quota, something we havent seen in decades. Analysts say this is a message that opec or saudi arabia is willing to deal with low prices. You can see wti is back below 40 per barrel. U. S. Gas...
June 23, 2024
The center of that story for weeks. Bob peck, the analyst with sun trust. Bob, its good to have you back. Thanks for having me. The board is considering a spin or a sale of the core assets or maybe other things. Whats most likely to happen . A couple of these. We think when yahoo did not receive its public ruling from the irs that that would be taxfree, but that was a material adverse change. The board right now is doing what it should do prudently looking at all the other options that maybe mor...
June 23, 2024
Energy shares were among todays tom performers even as one of the biggest names in the sector said it will slash its capital spending. More on that in just a moment. By the close today the dow industrials rose 82 points to 17,574. Nasdaq gained 22. And the s p 500 added 4. As for domestic crude, it fell another 1 to close at 36. 76 a barrel. A report from opec pressured prices. The cartel says it pumped more oil in november than during any month in the past three years. Those low oil prices prom...
June 23, 2024
Whats even more peculiar, Energy Shares were among todays tom performers even as one of the biggest names in the sector said it will slash its capital spending. More on that in just a moment. By the close today the dow industrials rose 82 points to 17,574. Nasdaq gained 22. And the s p 500 added 4. As for domestic crude, it fell another 1 to close at 36. 76 a barrel. A report from opec pressured prices. The cartel says it pumped more oil in november than during any month in the past three years....
June 23, 2024
Whats even more peculiar, Energy Shares were among todays tom performers even as one of the biggest names in the sector said it will slash its capital spending. More on that in just a moment. By the close today the dow industrials rose 82 points to 17,574. Nasdaq gained 22. And the s p 500 added 4. As for domestic crude, it fell another 1 to close at 36. 76 a barrel. A report from opec pressured prices. The cartel says it pumped more oil in november than during any month in the past three years....
June 23, 2024
Jpmorgan issued upbeat results. By the close, the Dow Jones Industrial average rose 227 points to 16,379. It had been up more than 300 at one point. The nasdaq gained 88, the s p 500 reclaimed the 19 hubz level rising 31. Bob pisani now with more on todays comeback and why investors shouldnt breathe easy yet. The joke has been wall street is selling stocks to play the lottery. Now that the lottery is over, the markets rallied. First jpmorgan had a strong Earnings Report preopen. Futures did rise...
June 23, 2024
Reporter or around the coun that may have been involved in this. Reporter yes. Thats right. Early on friday morning they made their first arrest. As you mentioned, of three people in the suburbs of the capital jakarta who may or may not linked directly to the attacks that took place behind me on thursday morning. There are conflicting reports about whether they are connected. Certainly they are terror suspects. Thats what we are hearing. There may also be some more arrests coming to light later ...
June 23, 2024
Jpmorgan issued upbeat results. By the close, the Dow Jones Industrial average rose 227 points to 16,379. It had been up more than 300 at one point. The nasdaq gained 88, the s p 500 reclaimed the 19 hubz level rising 31. Bob pisani now with more on todays comeback and why investors shouldnt breathe easy yet. The joke has been wall street is selling stocks to play the lottery. Now that the lottery is over, the markets rallied. First jpmorgan had a strong Earnings Report preopen. Futures did rise...
June 23, 2024
Jpmorgan issued upbeat results. By the close, the Dow Jones Industrial average rose 227 points to 16,379. It had been up more than 300 at one point. The nasdaq gained 88, the s p 500 reclaimed the 19 hubz level rising 31. Bob pisani now with more on todays comeback and why investors shouldnt breathe easy yet. The joke has been wall street is selling stocks to play the lottery. Now that the lottery is over, the markets rallied. First jpmorgan had a strong Earnings Report preopen. Futures did rise...
June 23, 2024
It crossed the mark briefly today and solidified that position after recording solid Fourth Quarter earnings. Its lift bid strong sales of online ads and tighter cost controls. The company whipped expectations earning 8. 07. Wall street was looking for 8. 10. There was an increase of 17 from last year. The result sent shares of alphabet higher in initial afterhours trading. This was the first report to separate googles main search business from risky investments like selfdriving cars and glass. ...