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CNBC Fast Money July 12, 2024

Economy as well. With concern that it would hurt the reopenings that would have been under way along with another round of infections because of all the demonstrations diane swan tweeted out today, theres little question the events of this weekend will affect the economy what started as a health crisis, but much more. The riots lasted, how long he wrote a long piece saying, its too soon to know how the economy will transition. The timing and trajectory of broad economic recovery will not be alte...
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CNBC Closing Bell July 12, 2024

59 minutes left of trade nasdaq 100,. 2 from a record closing high set in february hard to believe. Seriously is hard to believe. Were up 0. 4 . Coming up on todays show, despite growing dissent, tech stocks once again nearing all time highs well discuss the outlook for the sector amid new challenges with investor dan niles. Plus, powerful words from one of the biggest icons in sports, nba lenld, Kareem Abduljabbar will join us with his compelling message for all americans about the need for wha...
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CNBC Squawk On The Street July 13, 2024

What some of the states are doing, they can open, but its very difficult some of the rules of some of the states are hard core when you look at them, you think ppp versus, geez, those are the rules . Took some ppp before were seeing it . I think its not going to be nearly as easy as people think i do wonder if our show were located in austin if we wouldnt be saying those crazy new yorkers, but we live here. We live in new jersey. I think that its going to be a little bit more difficult for a com...
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CNBC Squawk Box July 13, 2024

Netflix up and gains by apple and facebook getting help this morning from what we see in oil prices. Youll see wti is up almost 10 . Up about 9. 5 to 23. 34. That is a big come back for wti. Thank you, becky. Oil market market oil thats been a lot of the story want to bring you other headlines. United airlines as mentioned, planning to cut about 30 of management jobs in october according to a company memo that works out to 2,400 white collar jobs and has also warn the pilots to prepare for displ...
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CNBC Squawk Alley July 13, 2024

[ inaudible question ] we wanted to find out but were getting out, we got out. We had good meetings request the taliban and were going to be leaving and bringing our soldiers back home weve been there almost 20 years. Done a great job weve got rid of terrorists. Now its up to other countries to get rid of those terrorists [ inaudible question ] we have discussions to go, but weve mad a lot e a lot of prog. Okay thank you. The president ahead of a meeting this afternoon with ceos from pharmaceuti...
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CNBC Squawk On The Street July 13, 2024

Coronavirus induced volatility plus quarterback buoyed by a string of super tuesday victories for the former Vice President. Is the contender for the democratic valuation former investor jeff ubben, never seen anything like this and says why it makes Value Investing impossible the fed announced a 0. 5 rate cut. Stocks looking to recoup most of yesterdays losses which includes a drop in the dow of 785 points jim, once that tenyear broke 1 , wow. Could you not take your eyes off of this price acti...
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FBC Varney Company July 13, 2024

Thats the anxiety indicator, if you like. This morning, the yield is back up to 1. 00 . Ashley back up. Stuart back up, thats right. Well above the extraordinary lows that we hit yesterday. That would be record lows that we did touch yesterday. 1 even on the tenyear treasury. How about the price of gold, another flight to safety. Actually its down again, off two bucks at 1641. Okay. The primaries. A great night for joe biden. He won nine states including texas. He now has more delegates than ber...
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BLOOMBERG Bloomberg Markets European Close July 13, 2024

Index continued gains. The s p down despite several companies doing well today, the best of which is apache, finding success in suriname. The dollar index up 0. 4 . Weaker euro, weaker british pound. Really, the only currency that isnt weaker against the u. S. Dollar is the yen. Stronger, notvens a huge reaction to the continued anticipation of what might come next in the u. S. Iran conflict. Guy lets talk about what is happening in europe. Brent is on offer today, seeing a little bit of weaknes...
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CNBC Fast Money July 13, 2024

Rally on wall street driven by a blowout jobs report. The surge in payrolls helping the dow and s p post biggest gains in more than a month the s p erasing sharp losses from earlier in the week the focus now turns to the next week fed meeting, the last of get this not just a year, the daektd. Yes. The decade end era. What a decade it has been. Dont get guy going on the decade that was the fed. Dont get me going. Turns into an ugly show. Only a half hour show im happy. Are you happy always happy....
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CNBC Closing Bell July 13, 2024

Purchases. They remain over odds on that. Apple and nike are leading the dow higher joining us for the hour to talk about all of that stephanie link, a tiaa company relatively quiet day but that doesnt mean that theres nothing going on we had Economic Data and now this headline with u. S. And china still at odds. Here we go again. I thought the data today, the Economic Data was the driver pretty good. Initial claims, the trade data in general thats going to help Fourth Quarter gdp i thought this...
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