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July 16, 2024
Futures searching for direction. Take a look, gain in the dow but decline on s p after wild day yesterday. Dow erasing all of its early gains of more than 900 points to end the day negative yesterday at 4 00 oclock on wall street, the dow industrials coming down from a gain of 900 to end down 26, the nasdaq down 25 and s p 4 points. Treasury secretary mnuchin seeking 250 quadrillion. If the money did run out the white house would go back to congress and ask for more. Meanwhile in china the count...
July 16, 2024
Information. The result of the Chinese Communist partys lies and president xis overt and deadly decision not to tell western governments about the disease he unleashed resulted in the killing of almost 150,000 people of worldwide. The sickening of 2. 2 million more. The contagion is far from controlled. The pandemic unleashed by the Chinese Government killed 32,000 americans and infected 700,000 more. Fox news has learned intelligence agencies are gathering information about the laboratory at th...
July 16, 2024
Nasdaq futures higher by 310 after even worse than expected jobs number led to selloff on friday. We showed you the numbers friday, dow, nasdaq and s p 500 in the red for the week. Take a look. Markets were down 2 overall on each of the major indices on the week. Oil prices this morning falling after the opec meeting which was to include russia was actually delayed. It was supposed to be a Virtual Meeting happening. It was scheduled to take place today. We are waiting on any news in terms of whe...
July 16, 2024
Brad wenthrup. Your reaction to this seemingly good news. We are not out of the woods, but it seems like its good news. You want to see the numbers go down. The goal all along was to beat the models. You saw the models happen in other countries where it went right up, very high. We were trying to stay under that and keep our Healthcare System in check and not overrun. This is good news because thats what we have been after all along. Starting to see the trend go down. Liz will be do you think th...
July 16, 2024
This is bloomberg surveillance. I am Francine Lacqua in london. Markets, thet the volatility swings we saw is moving to currencies. European stocks have been fluctuating, they are flat right now. They were higher a couple minutes ago. Oil is higher today after china unveiled plans to boost its reserves. If you look at brent, they were 12 higher, now they are 9 higher. Treasuries slipping along with the dollar. Lets get to the bloomberg first word news. China says it acted in an open and transpar...
July 16, 2024
The u. S. Enters a new week with the highest number of coronavirus doubts in the world. Administration is still trying to ease lockdown restrictions by may. The Top White House virus eight says infection levels are stabilizing. Some of the u. S. Could be open in the next month. The imf and world bank held meetings this week using digital remote software. The global lenders will facing new reality of mounting unemployment. Thecials have already said Global Economy is suffering its worst recession...
July 16, 2024
Taylor really seeing some big gains on the s p 500. This is the second straight monday where we have seen big gains. All of the monday before that going to march 2 posting big losses, so a relief that you are seeing some gains come in. Small caps are doing the best. This is a barometer of the u. S. Economy. Some hope, given new york city fatalities have perhaps started to level out, that the economy can get running again. There is some hope in the russell 2000. The riskiest of all sectors, the s...
July 16, 2024
Announced that the spread of the virus might be reaching an apex, and were getting close to that flattening of the curve. Positive messages about the outbreak were welcome news on wall street, helping to send stocks soaring on monday, and by wednesday the s p 500ed had joined the dow in exiting the bear market it fell into on march 12th. Its now up 25 from its low point just a little more than two weeks ago. More gains came as the fed stepped up its efforts. Meanwhile, the irs was moving to send...
July 16, 2024
Impossible. While we were winning the idea lodge call battle, while were winning support of so many young people and working people throughout the country, i have concluded that this battle for the democratic nomination will not be successful and so today i am announcing the suspension of my campaign. Please know that i do not make this decision lightly. In fact it has been a very difficult and painful decision. Over the past few weeks jane and i in consultation with top staff and many of our pr...
July 16, 2024
Near its session highs, ending the day with 1 moves in either direction. It looks like some of those could be coming back. We also had crude and oil markets rally and despite concerns that demand was off about 70 . Crude is up 1. 6 . As we know, the fte Energy Consultants have said that it could fall 8 Million Barrels a day in 2020. Cuts. S coming on supply the highyield market, as you can see we are up 2 or so. Strategists say the fed may be buying double b rated bonds. That would be in the jun...