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June 24, 2024
We read the tea leaves on the data thats driving down the market this morning. Cbs and time warner are on the move both after reporting earnings. Were going to dig into those quarters. Well also talk to cbss chief executive. Tim cook calling the u. S. Government dysfunctional on mad money with jim. Well hear from the apple ceo and dig in on what last nights primary results may mean. Stocks are poised to open lower a day after falling to their lowest levels in three weeks amid concerns about slow...
June 24, 2024
And so cold. Meanwhile jeff bezos is at amazon selling 7 million worth of his shares. That stock has reached a 3 trillion market kapp. Were going to have a stock brawl on what to do with amazon coming up. Everybody loves to debate amazon. Then theres the jobs report coming in this morning coming in below expectations. Does this guarantee a summer without a rate hike. Thats also coming up. But lets start, though, with the nasdaq on pace for its first threeweek losing streak since midjanuary. Bert...
June 24, 2024
Im tyler mathisen. Welcome, everybody. We begin this hour with the latest on that massive blaze. Cnbc is 200 miles south of the fire line in edmonton. Hey guys, the cooler weather and light rain is providing some respite for Fire Fighting officials. This wildfire is still out of control and is being referred to as the beast. Now i want to put the size of it in perspective for folks watching from home. Consider this. It is now twice the size of new york city, all five bureaus. Twice. It is absolu...
June 23, 2024
We start with the equity markets which is moving higher as the fed meets to decide whether or not to begin raising rates. Lets look at the numbers with the dow, the nasdaq and the s p. The nasdaq and the s p are now tracking for their second consecutive week of gains. Something that neither has done in nearly three months. But, ty, the real action here is in the oil market this hour with oil soaring. Wti crude up by 5. 3 . It could still be the biggest daily gain since august 31st when wti jumpe...
June 23, 2024
Succeed. And counting down to cnbcs republican president ial debate. It is live tonight from colorado. Well tell you where the candidates stand on fixing things like Social Security and medicare, plus what some Small Businesses would love to hear from the candidates arrayed out there in boulder. Meantime, lets aez go down and check in with my friend, kayla at the nyse. Kayla. Hey, ty. The countdown to the latest fed decision is on in earnest. We will get that decision from policy makers in less ...
June 23, 2024
A rival Payment System that could be rolled out next year. Laying down the law. Activist investor bill ackman and valeant must face Insider Trading charges. Under review, iac puts a offer on the table for angies list sending shares in the company 11 higher in after hours trade. Welcome back to the program. Just looking at how the u. S. Markets are setting themselves up for trade we have 4. 5 hours to go before you get there. Both see an opening slightly lower with nasdaq a little bit higher. The...
June 23, 2024
Today with oil down quite a lot. In fact, its currently down by nearly 3 sitting below 42 bucks a barrel. Over the last year oil has lost 45 of its value. Who do the numbers stay . Coming from the transport sector the numbers may be signaling a possible recession. Well tell you what those numbers are and why you might want to take note. As we can see, stocks are sliding at this hour. Get down to the floor with bob pisani. How much of this is due to oil, bob . A very large part of it. Lets look a...
June 23, 2024
The left syria and 2013, all three attackers were killed, too detonated suicide vest and a third was shot by police. Congress is tightening visa requirements following terrorist attacks. It will bar people who traveled to iraq or syria the last five years. All 38 countries in the visa program rep issue passports containing biometric information. Joe biden said the donald trump wins the republican nomination he would be defeated easily by Hillary Clinton in a general election. By Vincent Clinton ...
June 23, 2024
Right now we are at session highs. We have been sticking to those for most of the day, especially after some data that came out this morning, including betterthanexpected u. S. Consumer sentiment and the drawdown in u. S. Oil inventory, a surprise drawdown, really. Lets look for the board is right now. Lets go ahead and take a look at the daily intraday chart right now, if we can do that. This is the oneyear right now. The dow is up more than 100 points for the sixth time in eight sessions. At t...
June 23, 2024
The sessionk at highs. S p 500 of by nearly 1 . Dow up by. 8 . Nasdaq by. 7 . We are digesting the news on betterthanexpected u. S. Consumer sentiment. As well as the expected surprise drawdown in the u. S. Oil inventories on the order of about 5. 9 Million Barrels last week. With all of this, lets look at the s p year to date. Take a look at this. S puld like to have the year to date, if you can possibly get that up. Up 1 on the intraday. I want to bring the year to date because we are. 1 away ...