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June 23, 2024
Scorecard later this hour to see where things stand after a busy week this week. While thats happening were counting down to the feds next decision. The Central Banks twoday meeting kicking off tomorrow with the policy meeting wednesday at 2 00 p. M. Eastern time. The economists not expecting a rate hike. No News Conference after the decision this time around. That leads up to the main event of the week. Cnbcs republican president ial debate. It starts at 5 00 p. M. Eastern time. This week . Thi...
June 23, 2024
About the year ahead particularly lead by the studio and Media Networks are no guidance for the year. Shares in syngenta seeing green on reports that the swiss agribusiness is in talks over a potential tie up with its u. S. Peer dupont. Rihanna takes a bow after they credit the grammy Award Winning singer with a spike in womens sales. Happy friday. Welcome to the program. Thank you for joining us on Worldwide Exchange today. Were getting into the show. Thats a good idea. Everyone should hire her...
June 23, 2024
The shares fell for the Third Straight year to the lowest level in 30 years, this all according to the National Association of real tors annual survey. Just 32 of buyers were firsttimers and historically that share is about 40 . Firsttime buyers surveyed said all forms of debt had delayed their saving for a down payment by a median of three years and for those who had the hardest time saving, more than half said it was Student Loan Debt that was the culprit. Another change in buyers, the realtor...
June 23, 2024
Japanese exports were weak. Not a lot of macrodata on tap. Shares of boeing and gm both higher in the premarket. Better than expected quarterly results. Lamb research buys koa. Western digital buying sandisk, the price 19 billion. Well have the ceo of Western Digital later on the program. And coke reporting a mixed ka quarter. First up, upbeat earnings news from boeing better than expected Third Quarter results on stronger demand for commercial aircraft. The dow component raising their full year...
June 23, 2024
1940s, are known for at least producing one major work of legislation but certainly at the top of that list i would have to be sam rayburn. Whats the speakers normal interaction with the senate . With the senate . That thet say that president has normal interaction with the senate. Who is the speaker is, it varies by which party is in control of the house and is in patrol of control of the senate and percentage of importants of the speaker and Senate Leadership. Theres an expectation that speake...
June 23, 2024
Major averages around half a percent. Take a look at my bloomberg terminal to see how the sectors are shaking out here. Materials are also declining. Telecommunication stocks now the only Group Trading higher. It has now come off as well. On the commodity complex, not just oil but some of the other commodities. Heres the percentage change on the date. Higher by 8 on the outlook for Colder Weather, but if you go down the line you see a lot of credit, whether it is metal. We see a lot of declines ...
June 23, 2024
Doing the best throughout the day. In the wake of the big star wars weekend, were seeing some declines driven by oil prices that are pushing down energy stocks. Oil falling after having an up week. Is now pulling back and stocks are at their highest of the session. We see them around the lows of the session, down by more than 3 . We see a very tight correlation for oil and stocks. Yearsthis goes back to two years. Off of stocks coming up the lows. It is something that has really been weighing on...
June 23, 2024
Wounded. People had been lined up outside the building to get their National Identity cards. No word on who is responsible. Police in brussels arrested two people described as suspected terrorists as part of an effort to prevent terror attacks in belgium during new years celebrations. The texas teenager in the socalled affluenza drunk driving case has been arrested in mexico with his mother. Ethan couch had been missing for weeks. His lawyers argued that his wealthy parents coddled him into a se...
June 23, 2024
55. 3 is the reading. 56 is what analysts had been anticipating. This is a current number for the month of december. Its one of the first data points we get for last month. 55. 3 was the reading, a little lower than the 55. 9 recorded the prior month. There was a little bit of concern we would see a follow on from the manufacturing number they came in much weaker than estimated. It does not like the followthrough is that poor on a relative basis. We will be watching. And durable goods orders, th...
June 23, 2024
Find out what traders promise to do differently in 2016. We do begin with the biggest market mover of 2015. It was oil. Crude down 31 for the year, and Overall Energy stocks have dropped 24 . Many of them oil and gas names down more than 50 . The center of the action all year. Jackie, we are actually seeing a pop in oil today. What is behind the reversal . Hi, mandy. We are seeing the pop, and part of that was expected as we headed into the long weekend. Part of it is also coming at the same tim...