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June 21, 2024
The etfs that follow those stocks getting beat up right now, folks. So is this an entry point potentially . Stocks are falling. So is the rain and snow. A noreaster is here. Big storms out west. The forecast is coming up. But first, my friend simon hobbs. And it did feel quite stormy at the open. Stocks suffering their biggest drop in two months. Though we are off the lows now. On oil, at the moment, currently trading at 66. 49. So slightly higher on the session overall. Nine out of the ten s p ...
June 21, 2024
Holding steady at 5. 8 . And corporate news, cbs is still on dish network this morning. The two sides failing to reach a deal by last nights deadline. It will continue to be distributed by dish while negotiations continue. And sprb president obama will be announcing his for a new secretary of defense today. Andrew, good morning. Thank you, becky. Stocks to watch this morning, discount retailer five below offering a disappointing Sales Outlook for its keep Holiday Quarter. The Company Naming its ...
June 21, 2024
The man who led the country into the euro warnings a snap election could cause disaster. This scenario without controversies, without the social and economic disaster. Jamie dimons jpmorgan reportedly needs over 20 billion of Additional Capital to comply with new rules unveiled by the fed. But the bank says it is well capitalized and will deliver strong returns for shareholders. Youre watching worldwide exchange, bringing you Business News from around the globe. Welcome to the show. So, seema, t...
June 21, 2024
Seen in the dow just since yesterdays highs. We talked yesterday about the outside reversal we had and what that meant technically. Art cashin among others really focused on what this has looked like from a trading point of view even as people are arguing about the fundamentals and speaking of which, lets talk about a couple wacky things going on in this marnth. Ket. Well get you all angles covered. Why are mining stocks being routed . How come retail sales look so weak when gas prices are so lo...
June 21, 2024
Yesterday as many people said the decks are so hot that their shoes were melting beneath their feet. Five people have died and many were injured among the 478 passengers and crew. Among the other stories we are watching today, sony says the Playstation Network is back online although it is still having problems. Playstation has been dealing with three days of disruptions that began on christmas and a group of hackers calling themselves the lizard squad is claiming credit. Speaking of sony its co...
June 21, 2024
Infighting in the clinton world is as reliable as the sun rising in the east. But my question to you about this is whether this is kind of a sign of bad stuff to come . Well, its leading the drudge report. Im getting 1990s nostalgia. Chaos in clintonland. Its going to be all over the right wing. David brock went from being on the right to a real clinton insider. This points to a problem that Hillary Clintons going to have. Which is, there are things like this, overreaction to stories and reactio...
June 21, 2024
Calls for the uses of Ground Forces in special circumstances only. He vowed to destroy the Islamic State saying the Group Threatens the u. S. An icy handshake between Vladimir Putin of russia and the ukrainian president. The talks dragged on into the morning. Leaders of france and germany were also present. Theyre trying to find a solution to the conflict between prorussian rebels and ukrainian forces. U. N. Says the fighting has killed 5500 people. Greece and the European Union are said to be m...
June 21, 2024
As we saw volatile day for oil, bill, as well. One of the days where bad news was bad news. You could have argued once an upon you could have said bad news would mean that the fed would delay raising Interest Rates and the market rally on that. That didnt happen today. And you wonder if thats the kind of action we will see going into 2015 here if suddenly now bad news is bad news and vice versa. Volatility bill seems to be here to stay. Yes, maam. It is. Well talk about that. The volatility inde...
June 21, 2024
Like none other. Down 7 in the premarket. Cisco going in the opposite direction. John chambers reaction in a moment. Expedia buying the rival orbitz. Both stocks are spiking higher. But first up shares of tesla down sharply after a quarter operating loss of revenues also missed. They say weather, shipping problems affecting deliveryiesdeliveries. Tesla ceo elon musk said hes optimistic business will improve in china. I have confidence that by the end of the year well be in really good shape in c...
June 21, 2024
Begins right now. Good morning again, everybody. Welcome back to squawk box here on cnbc first in business worldwide. Im becky quick with brian sullivan. Joe and andrew are off today. General motors have announced new recalls with an ignition lock. The number is a relatively small 83,000 vehicles. But it comes after their record year of recalls in 2014. Elon musk and his wife are divorcing for a second time. They first married in 2010. They divorced in 2012 and remarried in 2013. And a total of ...