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June 20, 2024
Melissa first lets take a look at the days market headlines. Stocks recover from session lows but mixed Economic Data and fiscal cliff weigh the dow down for the sixth time in seven sessions walmart disappointed with Third Quarter earnings. Target shares rose 2 after forecasting a Bright Outlook for the holiday season. Now to our top story. A possible bailout for fema. Yes the federal Emergency Management agency says, it only has 850 million left in the bank and in cash, thats it. They expect to...
June 20, 2024
That mother is now pleading for the return of that one precious item. Reporter the single mother tells me she and her children moved into this home behind me just two months ago. She says she chose it because its in a quiet neighborhood she thought was safe. That all changed last night when burglars ransacked her home. I feel raped that you raped me of my privacy, my home and you stole from me. Reporter mishi cokier is sad. Thieves stole the tv and presents she bought for her children. I turned ...
June 20, 2024
The precious metal bouncing back into the green. It does touch one month lows in trading but todays game was not enough to make of earlier losses gold finishing the week 1 lower. It is still just above 1700, 1,705. 70 for one ounce. Technology worst performing sector. Many social media stocks of bucking that trend. Yelp, facebook, zynga and groupon up 23 . Dave facebook pushing close to 30. A lot of people happy about that. Michigan lawmakers passing right to work bills despite protests. A longt...
June 20, 2024
Looks like 1856 is the level we are at now. It looks like heading to the lows of the session right now. We will see a little bit of suspense here. Lets talk about the big three stocks we are watching into the close of trading today. The first one is monster beverage. The company has been leading the s p 500 in terms of percentage gains. The companys earnings per share missed estimates but sales keep going up for monster beverage and the shares are going up as well. Sales beating estimates with a...
June 20, 2024
Gold steady around 1275, as for europe, mildly week action despite an eightmonth high in uk investor confidence. We are right up against the deadline. Senate leaders say theyre hopeful about a deal today. Our Credit Rating on review for a possible downgrade. Twitter selecting the New York Stock Exchange over the nasdaq for its highly anticipated ipo. And apple saying it will cut orders for the smartphone in the fourth quarter. One day to go until the debt ceiling deadline. The ball is back in th...
June 20, 2024
Trading day of the year. We looking like we have an up open. As for that allimportant im going to put allimportant in front of the 10year every time i say it. Europe is largely green is where we are right now in terms of the markets can the 10year go to 3. 89 . I pick that number because thats where the spanish 10year is. Unemployment, three and a half year low. Spanish bonds are trading at a three and a half year low itself because business has come back. Is that maybe a little bit of a roof . ...
June 20, 2024
Connell were back together. This is really, really exciting. You barely spoke to me all morning. Wouldnt make eye contact with me. Connell making it up for now. Not forcing eye contact. Look at camera. Dagen sane happiness. Connell very much. Dagen good morning, everybody. This is no laughing matter because for most of the country it is brutally cold outside and temperatures are dangerously low. Connell yes. You take a look at this, many in the Science Community blaming the cold on the polar vor...
June 20, 2024
That is why we called a second alarm to keep the fire contained. No other homes were damaged. Firefighters were told a middle age manned live in the back of the home. They cannot confirm identity. We waiting for the coroner. We are told that a person was taken to the hospital. They say it was a medical emergency not related to the fire. Firefighters are on the scene to make sure there are no flareups in the house. Public Health Researchers are urge. Ly trying to understand a mystery illness, fiv...
June 20, 2024
Looked less likely. The dow shot up 206, the nasdaq 45, s p raced up 24 and is back above 1,700. Gold and oil fell slightly. Also helping to prop up the market the fed sees modest to moderate economic growth. In earnings after hours ibm earnings beat wall streets view but revenue came up short. Ebay dissappointed the market. Earnings were up but the outlook as down. Microsoft releases its windows 8. 1 upgrade as a free downgrade starting today. The software is attempting to bridge the gap betwee...
June 20, 2024
Iran has reduced or halted some of its uranium stocks and allowed u. S. Inspectors to facilities and we have lifted sanctions that have crippled the economy. It is a continued exercise between trust from the parties involved. Trust that irans activities will be transparent and trust we will keep our word. Given the indepth nature, what happens if they fail to reduce what is required . Many have ruled out military action being as mad, if not worse than iran attaining a Nuclear Weapon. But what ar...