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June 29, 2024
Expected in some coastal areas. Rick pitino has been fired three weeks after the school acknowledged its mens Basketball Program was being investigated as part of a federal corruption probe. They voted to remove the cardinals coach following a board meeting. Thursdays moves in his tenure with the program that included championship013 tarnished by several embarrassing off court incidents. Mumble news powered by journalists and analysts in 120 countries. This is bloomberg. Julia live in new york, ...
June 28, 2024
Europe largely unchanged the 10year just below 3. 5 road map begins with the second half of the year kicking off in high gear, what to expect for the rest of 17. And north korea launches a missile with the capability of reaching alaska. This as President Trump heads to europe to meet with world leaders. What the growing geopolitical tensions may mean. Is the job of ceo not what it used to be many top executives departed in the first five months of the year than last the look at the changing face...
June 28, 2024
Undue harm to the american and venezuelan people and Global Markets we risch issuing general licenses permitting transactions that would otherwise be prohibited under the executive order. These include a 30day wind down period, financing for humanitarian goods to venezuela, and certain dealings in specified debt instruments that trade on secondary markets, and certain dealings with u. S. Entities owned or controlled by the government of venezuela. Also, the executive order carves out shortterm f...
June 25, 2024
Guests today. Angela shes going to be talking credit factors affecting the stock market in this environment. Jack lew is going to reveal if china has made any progress or the market is more vulnerable to selloffs. Thats another bloomberg exclusive. Lets check in with our team for indepth coverage. Michael mckee is on janet yellen watch. Anna edwards is talking about brings it. Amanda kern is with the start of u. S. china talks. Janet yellen will be speaking this afternoon. Lets get the latest wi...
June 25, 2024
Anna a very warm welcome to countdown. Manus where is the money flowing this morning . The pound has a bit of a reprieve. We will talk about that in the risk radar. I thought we would go for the shiny stuff, coming back from gold. And there is a real move here, of course in the headlines more funds shutter in the u. K. What you have is the assets, going into gold trading up one quarter of 1 . Etf Holdings Rise by 37 this year. The assets have jumped by 38 million tons, the most since the global ...
June 25, 2024
Im brian sullivan. It does remain an uneasy market. Investors a wee bit nervous ahead of next weeks fed meeting. Next wednesday is when we get the rate decision. The dow a little change, slightly higher today. Not bad. Oil, though, sliding again, inventories once again a concern. All the major oil stocks are lower today. Melissa . Im melissa lee. Heres whats happening at this hour. Heather brash will appear before the House Oversight committee next week to discuss the price of the epipen auto in...
June 24, 2024
Hallelujah now, i for one think that oil is going to stay lower longer. We ran up to that 34 level as we did earlier today. We start getting some real resistance because there are so many strapped Oil Companies out there that need to dump crude on the market or sell futures to its almost impossible to get over that 34, 35 hump. Thats why i urge you to understand the rhythm we have got going here in this market and recognize that occasionally well get selloffs in the stocks of companies that deli...
June 24, 2024
To it. Thats why this market started so strong today and then petered out when oil reversed. Closing down 57 points. S p backsliding. 19 . Nasdaq. 18 . Oil was strong. This oil makes everything very difficult to figure out. Because if a Company Reports an amazing quarter on a day when oil goes down, the stock will get hit regardless. But if oil is flying buy, buy, buy you can bet that even a mediocre quarter will be rewarded with applause and a rally. Hallelujah now, i for one think that oil is ...
June 24, 2024
Oil was strong. This oil makes everything very difficult to figure out. Because if a Company Reports an amazing quarter on a day when oil goes down, the stock will get hit regardless. But if oil is flying buy, buy, buy you can bet that even a mediocre quarter will be rewarded with applause and a rally. Hallelujah now, i for one think that oil is going to stay lower longer. We ran up to that 34 level as we did earlier today. We start getting some real resistance because there are so many strapped...
June 24, 2024
Tweet me jimcramer. Weve had a good week. The economys better. Maybe Earnings Seasons been terrific. Weve been going higher because oils going up. And theres really nothing else to it. Thats why this market started so strong today and then petered out when oil reversed. Closing down 57 points. S p backsliding. 19 . Nasdaq. 18 . Oil was strong. This oil makes everything very difficult to figure out. Because if a Company Reports an amazing quarter on a day when oil goes down, the stock will get hi...