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June 21, 2024
It is up 200 plus points because being cheered on by the reserve requirements in china. This is an internationally lyly oriented market right now. Is that the idea . I apologize if im repeating anything. Bill pointed out the dow is up 217. Lets skip straight ahead to the Closing Bell Exchange and introduce our guests. Joining us at the top of the hour to kick things off. We have price heedley, kate warren from edward jones. And our very own rick santelli. A welcome one and all. Anthony chan the ...
June 20, 2024
Shares his views on Insider Trading. All that and more over the next hour. But first, lets get headlines from our rad host carol massar. Morgan stanley is paying 1. 25 billion to settle a federal lawsuit. The agreement focused on thecuse sale of mortgagesale od securities. Es. They took a million charge reduci arnings by five cents a share. Shar puerto rico had general Obligation Bonds cut to speculative grade. The s p lowered the islands Credit Rating and kept it on creditwatch with negative in...
June 20, 2024
Speculative grade. Poscop lowered the island ondit rating and kept it creditwatch with negative in cases. The u. S. Senate passed the farm bill today. The measure which president obama said he will sign said u. S. Agriculturally set u. S. Agricultural policy. Headlines at top this hour. Thank you. Historic day at microsoft. Here is with the new chief executive had to say about spurring innovation. The first thing i would want to do and focus on is ruthlessly remove any obstacles that allow us to...
June 20, 2024
Average. Nasdaq was weak for most of the session. We saw air coming out of the big momentum names. Nasdaq composite down 17 points today. S p was up just about one point, flat after giving up much of an earlier rally similar to the Dow Jones Industrial average. Despite todays uptick, the dow has wiped out more than 800 points since hitting a reported high three weeks ago. Lets check in with bob pisani. Why the optimism today, bob. If you take a look at the s p, it wasnt on the fed minutes. I thi...
June 20, 2024
And raise the money it needed to get itself through the downturn. You can say it was locked but there will but sometimes you make your own lock in Corporate America and it was a combination of factors that cause gm to tumble. For a much for stopping by. Have a nice thanksgiving. Happyh you a very thanksgiving as well and we are back tomorrow at 7 p. M. 7 a. M. Eastern time. There is live coverage at the National Press club. They are looking at Holiday Spending and this event is just getting unde...
June 20, 2024
Republican party in the white house. Im jaded and biased. He is my friend. I know him. I love him. He speaks beautiful spanish. I think the best candidate in the field is jeb bush. I think a sickly this election cycle, i am like a plus size mens store. Id either go in big or tall. If the tall guy does not take me to the prom, i am going with the big guy. Jed is bicultural. He is not just bilingual, he is by cultural bicultural. We would consider him hate hispanic. Give the game changer when it c...
June 20, 2024
Overnight in shanghai down almost 4 as the yuan sits near a sixmonth low. The roadmap begins with the markets, the s p starting off shy of the fresh record high and the nasdaq beginning from right around its highest level in 14 years. Home depot is posting quarterly profit above expectations and boosted dividend. Different story with macys and shares slipping after same store sales came in below expectations. And jpmorgan expected to announce job cuts in its mortgage and consumer business. The b...
June 20, 2024
Back on the airplane . 10 days ago we were talking about an ipo and i go away for a week and come back and it its done. We will talk about it in this hour as well. Lex we thought of you. Do you waste the most time on . Candy crash . Checking the weather . It was inspired by the ipo. Tweet us. That is a good one. Here is my answer without question. Check on stocks, bonds, currencies and commodities. Futures up three. 10year yields comes in a little bit. To the next screen. Gold is a big story. 13...
June 20, 2024
Nfib Small Business optimism and we will get retail sales at 8 30 a. M. And earnings before the bell. Scarlet fu will take us through jpmorgan at 7 a. M. With earnings. Bill cohan will join us. How many big banks are there . Five or six. We will have earnings all week. We will have a lovely roundtable like states of the bank. Falling revenue. This is a data check. Everything is up a little bit after the fade yesterday. There is a lot of other Global Statistics just as weighty. Vxx was under 12 y...
June 19, 2024
Will the popularity of the new iphone lead customers to other new apple products like apple and apple watch . And hes a cofounder of the alan one of most prominent and contrary and intracapitalist in Silicon Valley. I talked to peter keele about the future of paypal which he peter hell about the future of paypal and bitcoin and what it takes to be a successful on to her. First, to our lead story closer toipos inching becoming the biggest ipo in history. The company just used it by from 266 from ...