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Transcripts For CNBC Squawk On The Street 20240712

Election uncertainty poised to bounce from the worst week since march businesses are bracing for election unrest. Live in manhattan. Well take a look at how companies are preparing for the unknowns of this week ahead. And with no preelection stimulus lifeline, how airlines are now preparing to stem the losses and lure passengers back in to their seats. Carl all right, jim, what do we think is going on this morning doesnt sound like you trust futures at this level. We really sold off terribly friday until the last half hour. This is continuation of what looked like a short covered rally. I think a lot of people who are betting that no matter what happens it will be contested and therefore the market has to go down so, why not just come in short my problem with that is what happens if its actually not contested . What happens if its a landslide for either side. The reeason i point that out if youre betting on a contested election its entirely possible with our 24hour coverage its entirel

Transcripts For CNBC Closing Bell 20240714

Big divergence energy and tech not gore man 1 . Health care down more than 1 . Joins us for the full hour jay jacobs good afternoon to you. Thanks for joining us. Whats your takes on the diversity of trade today micron kind of a bellwether . Yeah, what we are seeing in the semispace is a comeback from noo. Whats the best way to play that there have been some hopes what we like the most are Pipeline Companies they dont get paid on the pril of oil, but how much oil is transported through the system its becoming one of the Biggest Oil Producers in the world lets get to all of the stories. Bob pisani is here, jon fortt is covering microns big jump saryers has earnings from generl mills. Bob . Its about oil and Interest Rates. We had a strong drawdown in crude inventories, one of the best we have seen in many years. Thats driving oil prices up, Energy Stocks, including all the biggs production names are up. All the big refiners like marathon and valero also to the up side. The other big sto

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