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June 29, 2024
Continuing the trend we saw last week that pushed the s p 500 above 2500 for the first time all three major averages are at record once again as we see this upward trend and investors are keeping an eye on at whichs fed meeting they are anticipating some details of the fed Balance Sheet wind down. All three major averages are higher. One trend we have seen change in the last week or so is that stocks have continued to go up we have not seen the same for bonds. We have seen yields go up and price...
June 29, 2024
Demonstrators marched again in st. Louis as protests continue over a white officers acquittal in killing a black suspect. Right police intervened late monday, using weapons and arresting more than 80 people. Prosecutors say the officer who shot and killed the man the interior secretary is recommending six of 27 National Monuments under review by the Trump Administration be reduced in size. They recommend two utah monuments be reduced. Global news 24 hours a day powered by more than 2700 journali...
June 29, 2024
Right now. Good morning warm welcome to Worldwide Exchange. Im wilfred frost. Sara eisen is off today. Here are the latest developments on maria the hurricane making landfall overnight on the caribbean island of dominica as a category five storm. It weakened slightly within the past few hours to a category 4 storm. But forecasters warn maria could strengthen as it approaches the Virgin Islands puerto rico is also in the crosshairs well bring you the latest updates on Hurricane Maria as we get th...
June 29, 2024
Positive as they await for more details of that Balance Sheet wind down. They have been flirting with losses at different points today. The dow is a little stronger here. Today, nore any gains matter how small, we could have new records for the major averages. Telecommute occasions are helping things. Telecom shares are the strongest. Sprint and tmobile are making a progress towards some sort of combination, but financials have also been consistently gaining as we see Interest Rates rise going i...
June 29, 2024
It is mexicos second major earthquake this month. Nieto,nt enrique pena who is attending the general us only in new york, is returning immediately. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. Im emma chandra. Emily im emily chang, and this is bloomberg technology. Coming up, Higher Learning courtesy of you density. They just kicked off a nano degree program. We will hear from the founder. Plus, twitters direct message on terror. The c...
June 29, 2024
Moss beach at 60. Atherton, 60 degrees. Pretty close. Look for a lot of cloud cover. By this evening, the system will sweep through and there will be a dramatic change tomorrow. 60s and 70s on the temps today. 7 01. And sal tells us. Yes. We have the crash on the way to the bay bridge, steve. Okay. If you drive to the bay bridge, dont take the 880 ramp. It is getting crowded. The crash has been there for at least half an hour. A little north than that. 880 to the connector ramp to westbound 80. ...
June 29, 2024
He was also pretrade byte Robert De Niro in raging bull. He was 95 years old. News 24 hours a day powered by 2700 journalists and analysts in more than 120 countries. This is bloomberg. This is Bloomberg Technology and im cory johnson. We bring you highlights from the Bloomberg Global business foreign. Form. We start off with emily chang and jack ma. They talk about President Trump, competition with amazon, but they started with technology leveling the Playing Field for Small Business. Shiftingk...
June 29, 2024
President trump said he made his decision on iran but refuses to say what the decision is. Speak thison due to hour, hopefully to clarify. Betty welcome back, yvonne. We missed you, a lot has happened in the last several weeks. Today with the fed, that has been the big news. Now we know this qt we have been talking about will Begin Next Week next month. Lets look at how the markets traded in reaction to this. In thiss quite a dip announcement and after with a news conference. We saw markets clim...
June 29, 2024
Im nejra cehic. Still seeing a little reaction from the fomc meeting. Ive got the stoxx 600. We were seeing stronger gains. It softened a little bit. We are still up 0. 2 . Stronger dollar against most major peers. Bloomberg dollar index up 0. 1 . It did gain more than that in yesterdays session. The 10year yield rising two basis points. We are at 2. 27 . Pretty steady right now. Also keeping an eye on crude oil. We are a little lower in todays session. 50. 52 dollars a barrel. Weve also got bre...
June 29, 2024
New iphones go on sale as the stock feels pressured this morning. Plus, geopolitics over the market, north korea leader is say hell test a Hydrogen Bomb over the pacific. First up, though, stocks are looking to regain momentum after the dow snapped a nineday winning streak and hit an interday high early in thursdays market. War of words between the president and kim jongun. We had the sanctions yesterday of the u. S. And china and now a threat over the pacific. The escalation is notable this wee...