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BLOOMBERG Bloomberg July 3, 2024

Focus on developing shares already suffering their longest dresses 2022. That in so much more this hour. We sit with much anticipation of the earnings to come, some Risk Appetite today. Maybe the bad news is good news. Some of the Business Activity cool enough more than the market anticipated means we decide to go into equities as we think the Federal Reserve maybe has more space to be cutting in the second half of the. Nasdaq currently up 1. 5 . Two year yield, 69 Million Dollars with, record a...
Risk Appetite Bad News Business Activity Federal Reserve Second Half Million Dollars

CNBC Mad July 3, 2024

Cramer. Suddenly we have brown chutes everywhere and that is a good thing. Remember we are on the lookout for a slowdown that would justify the defensive position that we dont need any more rate hikes. When we get brown shoots, the opposite of green shoots, wall street laps it up. The fed might win the fight against inflation. Thats what the dow gave and that nasdaq pole voted 1. 9 . That was easy. Its been hard to parse this economy. The numbers on march 8th for so steaming hot that it felt lik...
Wall Street Job Market Trucking Company Company Commerce Company Solid New Jersey

CNBC Worldwide July 3, 2024

Challenge for boeing. The clock is ticking on tiktok as the senate prepares to take up the bill to ban the app. It is tuesday, april 23rd, 2024. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Thank you for being with us. Lets kickoff the u. S. Stock futures. In the green across the board. It looks like the dow would open up higher. The nasdaq is the best performer in the premarket. The s p and nasdaq snapping the sixday losing streaks. The key to t...
Worldwide Exchange Dow Open Key Market Market Action Lockheed Martin Company Faces

CNBC Squawk July 3, 2024

Tensions on college campuses. Last night, officials at nyu asked the nypd to remove pr protesters from the campus. The palestinian protests had not been authorized and asked police to enforce trespassing violations. Students and faculty among those arrested. And then at columbia university, classes for the semester would be hybrid and remote when possible as billionaire donors are rethink going support of columbia. In a statement, patriots owner robert kraft, is not comfortable supporting the un...
First Quarter First Quarter Results Quarter Results Money Movers Third Place Place Market

CNBC Squawk July 3, 2024

Significant green arrows. It looks like the dow futures are indicated up by over 160 points. Nasdaq futures indicated up by 115. S p futures are up 27. Of course, this is coming after a rough week last week. You are now talking about the s p on track for the worst month since december of 2022. You have the s p back be low 5,000. We are watching this closely. This has all been happening with treasury yields picking up. You will see it looks like the tenyear note is all the way up to 4. 658 . Twoy...
First Quarter Oil Prices First Look Market Cap Interest Rates Jamie Dimon

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CNBC Squawk July 3, 2024

Thats hoping to boost sales. The stock is on pace for what would be its seventh straight day of losses. Its down 20 in this month alone. And the house passing legislation over the weekend that could lead to a ban of tiktok in the United States. Lets begin with the markets after last weeks tech selloff. You now have 29 of the nasdaq 100 components down 20 or more below their 52week highs, more than 3 4 of the ndx falling from such highs. Friday, the equal eight s p, best day in a few years. You k...
First Time Interest Rates Poster Boy Company Got Everything Else Many Companies

CNBC Squawk July 3, 2024

Be near. Well give you the latest reporting on that potential deal between the studios and the writers. And the fed is Holding Rates Steady, signaling it will keep rates higher for longer. Deal of the day, cisco agreeing to acquire splunk. Both companies cite what they call complementary capabilities in a. I. And security. Splunks gary steele is going to be part of ciscos executive leadership team, reporting to chair and Ceo Chuck Robbins and both gentlemen are going to join us exclusively at 9 ...
Gary Steele Ceo Chuck Robbins Chuck Robbins Smaller Division Companies Year Company Always

BLOOMBERG Bloomberg July 3, 2024

Daybreak europe. I am Tom Mackenzie in london. The stock so i think after another jump in treasury yields. Drawing power calls say rates can be kept steady as long as needed. Morgan stanleys had to plan its biggest round of job cuts in china in years. We bring you a book a rep of the wall street bankers. We ship to europe with two heavy hitters reporting. A slowdown in sales revealed that now dropping across the trademark the chip equipment supplier, bookings for the First Quarter a miss for asm...
Tom Mackenzie Job Cuts Wall Street First Quarter Second Quarter Gross Margin

CNBC Squawk July 3, 2024

What higher for longer means with Interest Rates. We had conversations yesterday that to me were troubling and i started to think about things. It was transitory. The supply chain part. Transitory. There is maybe an underlining rate of inflation that is higher and it is harder to deal with and it has to deal with crude. It reminds me now it is supposedly not like the volcker era. Wages and unions and workers demanding more. The wage price spiral that picks up and higher wages. Thats what the fed...
Inflation Higher Heart First Quick Look Pick Ups Oil Prices Oil Prices Sliding

CNBC Squawk July 3, 2024

Of strong earnings. Airline also slashing its expected deliveries amidst boeings quality crisis. And teslas asking its shareholders to reinstate elon musks 56 billion pay package. That was back in 2018. This after, of course, Delaware Court voided that compensation earlier this year. Lets begin with the markets, set to open higher after the dow ended six straight sessions of declines. S p, nasdaq, russell did extend their daily losing streaks to three. Yesterday, as you know, the fed chair sugge...
Delaware Court Data Shows Labor Market Sea Change Horse Race Super Bowl

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