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June 25, 2024
World Wide Exchange on cnbc. Im sara eisen along with dom choo who is in for wilfred frost. Lets check in on global markets. Stocks yesterday closed 0. 2 within a record high. Looks like weve turned around. Just before we turned around the show. Just fractionally. Not even fractionally. 0. 04 . Seven points on the dow. Yes. Seven points on the dow. 1. 5 on the s p 500. 4. 5 on the nasdaq. We march steady drift, i should say, quietly steadily and higher. There are some stories buried beneath the ...
June 24, 2024
World world on cnbc. Im sara eisen. And im wilfred frost. Lets get right to the Market Action as investors minced fed chair Janet Yellens words yesterday. Some confidence by markets taken by the fact that fewer rate hikes now expected this year than previously. Dow once again pointing to a positive open. S p by six. The nasdaq by around nine. Lets have a look at the u. S. Ten year. We saw it spike above 2 . Its now settled back down. Just trying to work out which way it wants to move. Yes, well ...
June 24, 2024
Down another 1. 7 to 39. 07. Also, the u. S. Governments Energy Information administration said stockpiles climbed by 9. 4 Million Barrels last week. A couple other stories were following. Starboard reportedly now ready to finally launch a proxy fight to remove yahoo s entire board. The furm has now been a vocal critic of the tech companys management, most recently asking yahoo to sell its core business. Starboard owns less than 1 of the company. The wall street journal saying they will nominate...
June 20, 2024
Last ten years. Were going to talk more about this store with the tech giant in just a minute, but first, andrew, over to you. General mills is buying organic foot Food Producer annies. 46 a share in cash is the price tag. 820 million in total. Thats more than 37 premium to annies Closing Price yesterday. Maker of cheerios hoping that deal will help it expand in the fast growing Natural Foods market. Were going to talk more about foods and the consumer in the next hour with the ceo of kellouke k...
June 19, 2024
Greenback following the selloff on wall street friday, asian equities also fell sharply starting the week. The nikkei and hang seng closing down more than 2 today. Thats putting pressure everywhere else. Take a look at whats going on in european trading right now. We have a situation where you have red arrows across the board in europe. The ftse down 1. 5 . In italy more than 2 . Well take a quick look at the u. S. Equity futures as well as we take a look now, the good news is we have red arrows...
June 19, 2024
Been watching with the euro. A decision is expected around 7 45 eastern time. But the Key Developments for the market could come at 8 30 eastern. Thats when the ecb president mario draghi is holding a News Conference. Well get previews from geoff ket mo c cutmore in europe in about 20 minutes. Jobless claims are seen at falling slightly to 335,000. As for the markets, joe mentioned the dow closing at a historic high. The s p 500 rose for the 16th time in the last 21 sessions, finishing within tw...
June 19, 2024
The market chatter is building around economic releases that come later this year, adp tomorrow. Theres a key ecb meeting on thursday and the big nonfarm payroll report on friday. There is new data suggesting the individual investor may not be actively participating in the markets. Maybe theyre not making a lot. E trade is reporting that its customered averaged 14 fewer trades than in april. Pimcos total return fund suffered its 13th straight month of outflows. The Worlds Largest bond fund poste...
June 17, 2024
Thomas duncan, the man who died of ebola, is now being treated in atlanta. At this hour, director of the cdc getting ready to Face Congress and face new questions about whether his agency was ready for this disease, did enough to get hospitals ready and is even now handling the situation in the right way. Earlier today a nurse at the dallas hospital that diagnosed the first ebola case described a facility in turmoil. He was put into an area where there are up to seven other patients. We took pro...
June 17, 2024
Hospital on the tsas nofly list. President obama lass canceled another day of events in order to stay at the white house and deal with this emergency. And later today, embattled cdc director Thomas Friedan can expect an intense grilling from lawmakers on capitol hill. And set to testify, the chief clinician of the dallas hospital who in prepared remarks apologizes, saying they are deeply sorry and that they made mistakes in how they handled the first ebola patient, thomas duncan. Our coverage of...
April 26, 2024
A look back at the iconic blues, R&B, funk and soul bar and its 30-plus year history.