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June 20, 2024
Almost completely frozen over. We are with the coast guard breaking up the ice trying to deal with a massive Economic Impact. And another big story. A deal in ukraine. Maybe you have heard. This comes on the heels of a huge fist fight breaking out inside Parliament Earlier today. There you see the hubbub in the ukrainian parliament. Protests, government leaders working their way towards a deal. Well see whether it sticks. We will talk to an expert. Outside of parliament in kiev its been of cours...
June 19, 2024
Millionaire lawmakers in congress are getting even richer. An you guess who the richest member of congress is . Think about it. Well tell you later this hour. Sue is off today. Simon hobbs is in at the new york stock exchange. Hi, simon. Hi, tyler. Weve broken the fourday losing streak. It may be low volumes or summer action. Well take a gain of 54 points on the dow. Retailers are a clear focus. Best buy is up. Urban outfitters which trades on the has tanasdaq is helping to that higher. The reit...
June 19, 2024
And oil slipped 2. 18 in earnings after hours. Shares of Analog Devices fell more than 2 . Even tough the chip maker beat forecasts and tax Software Company intuit earnings met expectations with sales topped estimates. And ready to hit the road. Triple a predicts 34 million americans will travel this labor day weekend. The most since the recession. At the sound of the bell its larry shover of sfg alternatives here to talk about this choppy market. Good morning larry. It feels like we have hit ve...
June 19, 2024
Has been under some pressure down 1. 7 after its Quarterly Report but up volume replacing down volume. It is pretty good and has been noted at the top of the show record day, record alltime intraday high. Dennis thanks very much, oil prices touching their highest level in over a year as stocks soar on new alltime highs, and phil flynn of Price Futures Group in the trading pits of the cme. 108 oil, that really bothers me. The Economic Data supports these levels . It sure seems to today because it...
June 17, 2024
Put investors in a sour mood. Behind the selling a strong showing in italys elections by groups opposed to economic reform, on top of that, u. S. Equities face a looming friday deadline for massive government budget cuts, known as sequestration. The dow tumbled 216 points, the nasdaq fell nearly 46, and the s p 500 lost 28 points. While theres been much talk of a correction in the stock market, sequestration may not be the catalyst. Suzanne pratt reports. Reporter it is widely accepted on wall s...
June 17, 2024
Captioning sponsored by wpbt this is n. B. R. Susie good evening everyone. Im susie gharib. Worries about political gridlock, in italy and in washington, cause investors to dump stocks. Its the worst day for wall street since the november elections. Tom im tom hudson. With 85 billion in federal spending cuts just days away, we talk with congresswoman Cathy Mcmorris rodgers. Susie and the man who founded barnes and noble wants to buy his bookstores back, but he has no interest in the companys ele...
June 17, 2024
Profits in 2013. Weve seen First Quarter Earnings Growth expectations shrink to just a little over 0 from expectations of 3 or 4 . So, its almost as if for every percentage point companies were beating Fourth Quarter numbers analysts were cutting the First Quarter numbers by a similar amount. Reporter so even if sequestration doesnt kill the stock market rally. It could certainly amplify a correction that may have already gotten started. Suzanne pratt, n. B. R. , new york. Tom as suzanne mention...
June 17, 2024
Behind the selling a strong showing in italys elections by groups opposed to economic reform, on top of that, u. S. Equities face a looming friday deadline for massive government budget cuts, known as sequestration. The dow tumbled 216 points, the nasdaq fell nearly 46, and the s p 500 lost 28 points. While theres been much talk of a correction in the stock market, sequestration may not be the catalyst. Suzanne pratt reports. Reporter it is widely accepted on wall street that sequestration is co...
June 17, 2024
Delivering whatever the world needs, when it needs it. After all, whats the point of talking if you dont have something important to say . All right 37 we tallied our results of the debate earlier and you said mike murphy made the better argument. Final trade time. Joe . I think gold is going to 15. 25. Murph. Titan. Splv, like it. Follow me on twitter. Are we going to make new highs on the dow today . I dont know. No. Halftime is over. Power lunch and the second half of the trading day starts r...
June 17, 2024
Profits in 2013. Weve seen First Quarter Earnings Growth expectations shrink to just a little over 0 from expectations of 3 or 4 . So, its almost as if for every percentage point companies were beating Fourth Quarter numbers analysts were cutting the First Quarter numbers by a similar amount. Reporter so even if sequestration doesnt kill the stock market rally. It could certainly amplify a correction that may have already gotten started. Suzanne pratt, n. B. R. , new york. Tom as suzanne mention...