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June 25, 2024
Beginning to develop. By 7 00, that will be the window for thunderstorm activity. Coverage is about 30 . Similar forecast for the weekend. Well time that out for you. First, bill logan is here with a check on traffic. Yep, weve got traffic for enthusiasm morning. Things are look going so far. We are clear coming across the Howard Frankland bridge. This is highway 60 coming off the bridge. This is the other side of downtown heading in toward the interchange. There are no problems. We this is ongo...
June 24, 2024
Like we have been experiencing over the past couple of days. The traffic map showing things clear. All green on your major thoroughfares. If planning to head easound loops from 540 from glenwood two us 64, 70 minutes and on 40 from us one 70 minutes and on 40 from us 1 to 64 70 minutes and on 40 from us 1 to 6410 minute commute. Atoll is recovering after getting shot shot at home daycare. The shooting happened at yesterday afternoon. Wncn emma wright has new information for us this morning depar...
June 24, 2024
Donald trump and Hillary Clinton when their new york primaries allowing them to reassert control over their fight for the president ial countdown. Hans, this is your neck of the woods. You know so much about the u. S. You are looking at the bond move in japan. Negative yields across the early maturity. The 40 year now hans the negative yields story across asia is a big story people look at japan here to take a look at some of these numbers. We have 5 billion 5. 171 in terms of negative rates. A ...
June 24, 2024
Numbers are coming out better than analysts had anticipated. The other big economic report of the morning has been next. Adp employment report showing a smaller than estimated gain in employment. Perhaps the precursor to fridays report but there is not always correlation between the two. Productivity falling 1 , even as the unit labor cost rose by 3. 1 , so there has been a lot to digest this morning for investors. Overall, we are still seeing this concern over Global Growth with a scenario comi...
June 23, 2024
First, lets check in with mandy at the new york Stock Exchange. Hi there, tyler. Hello, everybody. We have a selloff here on the street. The dow is back in correction territory although we are off the very worst levels of the day. The dow is down by about 284 points. Now its down by 235. S p down by 24 and the nasdaq off by 48. I have bob pisani on the floor of the Stock Exchange to explain what is going on. I guess maybe for one day weve got a reprieve where we can stop obsessing what the fed i...
June 23, 2024
And sure we saw some real uglyness in the october leading up to the great recession. From after the stocks closed today can we please remember this month can be bullish with dow gaining 1,371 points best in four years. And s p falling nasdaq sinking as well. Now with one more week of high profile week ahead of us and fed agree to keep rates low this paftd week lets go to the calendar. Monday we get results from bluest of blue chips, visa and estee lauderdale. We know this market is giving you so...
June 23, 2024
Profile week ahead of us and fed agree to keep rates low this paftd week lets go to the calendar. Monday we get results from bluest of blue chips, visa and estee lauder. We know this market is giving you some bizarre buying opportunities likes the selling with starbucks last night. If my conviction about this quarter has only gone up since master card resulted master results earlier this week while American Express once again gave a hideous number earlier this month. Estee lauder doesnt strike m...
June 23, 2024
The trading session. Julie hyman has the latest. He had this huge rally yesterday after the fed minutes. Starting tos are drift today. I want to start with commodities. Lets start with oil, because we are seeing Goldman Sachs make a call that the mild winter cause oilpact could to fall below cash cost of 20. Their forecast for brent remains at 50 a barrel. Citigroup says that commodities have not fully priced in the effect of the higher rate, a rate increase, which is contrary to the conventiona...
June 23, 2024
Weve got ecb, janet yellen speaking once again. Tom will ecb unveil echo the announcement out of the press conference. All of surveillances morning, on television and radio. Lift into difficult news, starting with news in new york city. Good morning tom and caroline. The two suspects in california have been killed in a shootout with police. This happened several hours after 14 people were killed at a center for the disabled. The police chief spoke late last night. We put out we have information ...
June 23, 2024
It is the last day of the trading week. Lets check in on markets with caroline hyde. It has been quite a week. Caroline the hangover seems to have hit. A few heavy heads amid the christmas festivities. It looks as though the hangover has set in stocks as well. We have euphoria after we saw at last the Federal Reserve increase their rates, and actually, the markets seem to abide by the fact that janet yellen is saying the economy strong enough. Now we have a deterioration. On the stoxxing 600 aft...