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July 16, 2024
Analysts expect the u. S. Economy to add 160,000 jobs this month after a dire report last month. Will could a miss mean for the fed what could it mean miss for the fed . Iron ore prices slump the most since 2016. Keep an eye on miners at the open. Less than half an hour to go until the start of the European Equity trading day. We were without the u. S. The u. S. Was celebrating Independence Day yesterday. We are without that legacy to build on. We are waiting for the payrolls numbers, as we have...
July 16, 2024
And welcome to power lunch on this monday im melissa lee. Wall street in a Holding Pattern ahead of the fed stocks carrying out modest gains. Nasdaq the biggest winner at this hour. Communications services specifically, the best performing sector, led by facebook, netflix. We have much more on netflix ahead. Its all about the fed this week policymakers getting ready to meet tomorrow. A decision on Interest Rates set for wednesday followed by chairman powells News Conference Steve Liesman is here...
July 16, 2024
Largest eco are now scheduled to meet next week at the g20 summit in jand it was all investors needed to hear and stocks took off today. The dow industrial average rose 353 points to 26,465. The nasdaq added 108, the s p wa 2 up but it wasnt just trade that drove todays big rally. Bob pasane is at the new york stock exchange. Stocks were in full mode fuelled by high hopes of trade talks and easy money across the globe. Thats what moves things these days. Ar futures first high around 4 00 a. M. E...
July 16, 2024
Something in the morning. Reporter according to the San Jose Mercury news those killed had just arriveded from vietnam. Ta was allegedly angry that his wifes got visas and his was denied, possibly due to unspecified charges on his record in the late 1990s. His trar cal her husband killed her brother and sister. Reporter on sunday night, ta allegedly shot two of his wifes family members. San jose police say they entered the house and found ta who had fatally shot himself. Two other people also di...
July 16, 2024
All that and much more on making money. Charles so the question are our hopes really starting to fade for a china trade deal . Commerce secretary wilbur ross actually downplaying a deal between President Trump and xi xinping at the g20 summit next week. With hearings kicking off today on new tariffs where exactly do we go from here . Joining Us Hudson Institute senior fellow, author of, the 100 year marathon, michael pillsbury. Michael, you were saying for a long time, that wall street was getti...
July 16, 2024
Fed. David today is jobs day. Last night, july 4 celebrations, including in boston led by alix steel and carol massar. It does strike me as i talk to you over in europe that one of the really iconic moments is an overture written by a russian composer, tchaikovsky, about a european war in 1812. It is kind of ironic. Incidentally, i remember trying to play that. With all the cannons firing, very difficult. But i digress. Seeing the market may be not hoping for them many fireworks. Lets have a loo...
July 16, 2024
Off leading rival boeing 13 billion to zero. Well hear from boeings boss. Kathleen and the trade war. It doesnt sound too great when it comes to iphone demand in china. How u. S. Stocks, there were small gains across the board. Of course facebook, news that it is getting ready to launch a crypto currency helped stocks apple and google moving ahead. You can see the dow jones frill average down 22 points for the s p 500. Again about three points for the s p. The nasdaq was the biggest gainer. , yo...
July 16, 2024
A warm welcome to the Programme Briefing you on all you need to know in global news, business and sport. We would love to hear from you. The potentially deadly heatwave across europe will break records. People are being warned to take action, especially the elderly and very young. What are you doing to keep cool . How is it impacting you . Get in touch just use bbcthebriefing. Temperatures in paris and the north of france are expected to reach a0 celsius today. The government has put plans in pl...
July 16, 2024
Nejra good morning, everyone. Welcome to daybreak europe. Its 6 00 a. M. In london. Will powell spoil the . Policy the s p 500 gaining 1 at the height of its rally. We are flat on futures today, the 10year gilts up a basis gont, yesterday we saw it toward 2 . Will we break through that 2 level . What will powell have to say for that to happen . We saw the impact can bull markets in europe, hitting negative territory for the first time. Lets look at what were looking at elsewhere. Emerging market...
July 16, 2024
He was looking at a way to demote jay powell so he wouldnt be chair anymore, not fire him. I think a lot of people think it would be against the law. I asked senator tillis from north carolina, who is on the finance committee. He thought maybe it was possible. President , ithe is his administration. He should look at everything he can do within his legal authority. I havent reviewed the legal analysis, but theyve got a lot of smart people in the white house. It probably is within his authority n...