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July 16, 2024
While the package stalled. The tech heavy nasdaq light of the day in the closing down 33. The s p was up 20. At this afternoons breathing, President Trump appeared optimistic that the stimulus package will pass. Rate date for the American Worker and american families. Frankly, for american companies, some of which are having the best years they have ever had. The president also defended his desire to reopen the company by easter despite pushback from his on task force. In new york city, more are...
July 16, 2024
Microsoft was up by about 7 if you watch this morning, dow futures are indicated up s p up by 11 and up by 55 points the treasury yield looking below where we are now the yield on the 10year last i checked weve gotten used to that 0. 8 range. 0. 7 in that area now. Andrew becky, it appears weve found a bottom we have an update on the numbers to bring to you. New york has more thans the epih more than 61,000 of those cases. New york governor made this appeal for Health Care Workers across the cou...
July 16, 2024
Check futures, dow futures right now in the red to the tune of 360 points, nasdaq futures down 110 and s p futures lower by 40. Oil prices under pressure this morning. The International Energy agency warning that demand could plummet to less than 25 years. Airlines reaching a deal for Financial Aid. Mornings with maria live. Striking a deal Oil Producing countries agreeing to cut output by 9. 7 millionbarrels a day in an effort to stabilize the price of crude. President trump weighing in on much...
July 16, 2024
The nation tries to slow the spread of coronavirus and give relief to all of those who have been affected. The Senate Passed a 2 trillion coronavirus economic stimulus bill. The largest Economic Relief bill in u. S. History. The bill was held up for much of the day after four republican senators demanded changes. The package provides relief for workers, businesses and corporations. Governor gavin newsom said one Million Dollars filed for Unemployment Insurance in less than two weeks. The surge i...
July 16, 2024
So much for social distancing. You are watching cnbc. Good morning and welcome we are live and waking up to another day of potential losses for major averages stock futures now pointing to modest declines from a relative perspective. The dow jones opened down 244 points, nasdaq down implied 77 points that is much more than normal. This after the wall Street Market staged a rally yesterday for the dow. Major averages on pace for the third down week of the last four checking the treasury side of t...
July 16, 2024
Go higher. The crash stride an hour away. Lets get your top headlines off the bloomberg terminal. China p. M. I. Data Beat Estimates but it is a mixed picture for asian stocks and u. S. Futures turned in the case negative. The w. H. O. Said the coronavirus outbreak in europe may be approaching its peak but across the atlantic new york city reports a 16 increase in deaths in just six hours. Plus lenders from howards bank to unicredit halts dividends at the request of the b. B. C. Well speak with ...
July 16, 2024
About 6. 6 million filed for unemployment in the past week. So 10 million who have gone into this even though it doesnt have the most recent week will watch to see how this turns out. Crude oil prices after the biggest hike after one day after maybe 26 after news that joe kernen reported here after the president said what he was going to be doing absolutely changed not only the oil market yesterday but the entire equity market as well yes like i said. You suspend disbelieve of everything at this...
July 16, 2024
Fractional moves overnight in asia. And now the latest on the coronavirus this morning. 1 Million People have now become infected. The United States is representing nearly a quarter of the world cases and the cdc is expected to advice all of americans now to wear cloth masks in public to stop the spread of the virus. Vice president mike pence saying that the new guidelines are coming in the next few days, this on top of social distancing rules. The Coronavirus Task force keeping close eye on lou...
July 16, 2024
Terrible composite pmis from the region. Oil continuing that recordbreaking rally yesterday. Some delegates a little bit more optimistic about getting deals done. Now i want to update you on our top stories from our new york team. We want to begin with europe. Thentioned the economies in slump of unprecedented scale, pointing to a contraction of about 10 . Bloombergs Michael Mckee joins us with more. Good morning, mike. Michael we are getting to the point where Economic Data are almost irrelevan...
July 16, 2024
1600 points. Fox team coverage, blake burman from the white house, Lauren Simonetti is watching the markets, Edward Lawrence is in washington also but lets kick it off with lauren. Lauren what a day to kick off the week. The dow was up more than 1hundred points. Up 7 . Ditto for the nasdaq and s p 500. Traders seem encouraged by news here in the u. S. The peak of coronavirus might be near. The winners on the dow, boeing. They have been slaughtered recently as you know. Bad news from the company....