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June 28, 2024
Im wilfred frost. And seema mody in for sara. Good morning, will. Good morning to you. Lets go straight to Market Action this morning. Off the back of a strong finish to a tough week last friday. We saw decent gains on friday that meant the weeks performance was respectable. Declines but the nasdaq down more than. 5 . S p and dow just down by. 75 . For the week as a whole, seven out of 11 were negative led down by financials which turned in the only performance of all of the sectors of more than...
June 28, 2024
Israel has built one of the worlds great civilizations, a strong resilient, determined and prosperous nation. It is also a nation forged in the commitment that we will never allow the horrors and atrocities of the last century to be repeated. Now, we must Work Together to build a future where the nations of the region are at peace. And all of our children can grow and grow up strong and grow up free from terrorism and violence. During my travels in recent days, i have found new reasons for hope....
June 28, 2024
Again, a moment of silence for the victims of the Manchester Bombing. Political parties in the uk are expected to resume election campaigns this morning. New this morning the bbc is reporting that British Police have stopped sharing information on the Manchester Bombing with the United States because of fears that leaks in the u. S. Media could hinder the hunt for a possible bombmaker. At issue are pictures of the crime scene published by the New York Times, including photos of the remains of th...
June 28, 2024
Jeff bezos is within spitting distance of becoming the richest person in the world. The dow is down by about 20 points below fair value after six sessions in a row of gains. The nasdaq is down by 2. 5. Overnight in asia, well see that the nikkei was down by 0. 6 . Hang seng was flat. As was the shanghai. In europe and early trading this morning, as things get started, most of the markets are weaker. The dax is down by almost a half percent. Cac down by three quarters of a percent. Ftse up by 0. ...
June 28, 2024
710ths green arrows for major in deksz. Ftse up. Germany, dax up. Gains in france after the French Election there one of the biggest majorities theyve seen in post war france. You can see crude oil markets up slightly still below 45 a barrel following developing story from london, a van plowed into a group of pedestrians outside a mosque injuring ten people it happened as worshippers were leaving evening prayers. Metropolitan police say the driver of the van was taken into custody and theyre tre...
June 28, 2024
Lets look at u. S. Equity futures. Yesterday the markets were weaker this morning things are mixed. Dow futures up by close to 12 points s p down by 2 points nasdaq down by about 15. In asia, the nikkei was down almost a percentage point. Same thing for the hang seng the shanghai was up by a percentage point the cac is down by 1 now. Ftse is down by a third of a percent. The dax is off by 0. 6 the tenyear note, the yield yesterday settled at 2. 15 this morning the yield is below that 2. 146 brea...
June 28, 2024
Dax is off by a half percentage point. The cac is off by 0. 4 the ftse relatively flat but still down finally look at crude oil prices crude was up by 2 yesterday in the market trading, but it dropped significantly after hours after there was a big increase in api crude inventories. That came as a surprise. This morning things are down by 13 cents heres some of the other big stories. Jury selection in the trial of Martin Shkreli will enter its third day today. Its not going well. Some potential ...
June 28, 2024
Ranges i agree and it occurred to me again why the market went up yesterday, we just dont know how to enjoy good things, good times. I mean, it really looks like we have maybe progrowth policies, Interest Rates that will probably still stay low. Inflation that probably wont be a problem. Everybody is worrying about Profit Margins hitting peak because wage gains will start hurting Profit Margins its bad for income inequality, but in the meantime Profit Margins stasy sustained. Everyone is saying ...
June 28, 2024
Have red arrows pretty much across the board and wti crude, right about now you can trade it for 48. 49 here are the big stories were watching Warren Buffetts Berkshire Hathaway was outbid for oncor. Senpra will buy it for 9. 5 billion in cash. Hedge fund Elliott Management which is the biggest creditor to oncor had opposed the sale to berkshire and arguing that it undervalued the company. Berkshire said it would not raise its offer. In another deal, maersk agreed to sell its oil unit to total f...
June 28, 2024
Washington worries the manager of the Biggest Hedge Fund wrote a post saying im watching how conflict is being handled as a guide, im not encouraged the bridgewater founder was initially confident that President Trump could stimulate growth tru throuhrough tax refo dered deregulation well hear more from ray dalio next month when he joins the delivering alpha conference. A los angeles jury ordering Johnson Johnson to pay 417 million to a woman who claimed that the talc in the baby powder caused o...