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June 24, 2024
The Second Attack at a metro station in abdeslam in brexit in maelbeek. Aftertacks occurred Belgian Police apprehended one of the only surviving members of the france attacks last year. We will be covering the president s speech in just a few moments. Lets get the latest on the aftermath in brussels. Jones, tell us what the latest is right now that we know about these attacks. Jones we just heard from the mayor in a press conference here a few minutes ago. Now in the subway attack which occurred...
June 24, 2024
Official anymore . Scarlett i dont know. Wednesday is official because j. P. Morgan is reporting. Julie whether you are talking about alcoa or the banks, there is not a lot of optimism when it turns to earning broadly with energy or financials. We have seen a pairing of gains today as we have gotten deeply into the session. The s p 500, if you look at the intraday move we have seen, it has been moving from steadily lower, a leg up in the past few , downs, but none the less sharply from the highs...
June 24, 2024
Good morning and welcome to Worldwide Exchange on cnbc. Im sara eisen. And im wilfred frost. A packed agenda this morning, from markets to election season mayhem. We have it all covered for you over the next hour. Lets start with a quick check of the futures board. Our u. S. Futures, of course. Yesterday we had the slight negativity, low volumes. Weve had the two lowest volumes of the year to start off this week. Today were expecting a slight bounce. The dow by 24 points. With those low volumes,...
June 24, 2024
To raise rates it could increase in inflation. He doesnt conclude that would happen but we need to think about that. He repeats kind of the normal argue amount for raising rates and says f1 policy remains extreme and inflation is close to target. Not strictly endorsing but saying thats the normal argument for why rates should be normalized. Former Federal Reserve chairman ben bernanke out with a blog about negative Interest Rates and says the fed is not out of ammunition but there are signs Mone...
June 24, 2024
Decision, and a massive selloff for apple. And still, pretty quiet. We are still waiting for market action. Scarlet lets see the full point share on what the fed actually did. They played down the First Quarter weakness during they dropped the reference to risks from financial conditions, and officials expect the labor market to continue strengthening. They see inflation rising to the 2 target in the mediumterm. Lets see how the fixed income markets reacted today. Selloffve been on a big for the...
June 24, 2024
Recall for the model x a couple hours ago. How the bad news could impact the musk empire. Netflix set to increase prices for about 17 million users with increasing competition in the space. This music is killing me here. Can the streaming giant keep Pricing Power . Thats the question well debate here on closing bell. I think we should keep it going the whole time . Why not, sure. Goldman sachs getting hit with a 5 billion fine. Eric sneiderman will join us after the bell and those goldman shares...
June 24, 2024
1 . But it isoff the lows the worst performer because of apple which comprises about 7 of the composite. The s p only slightly lower and the dow is higher. Earnings like united technology, boeing, verizon. Those shares at t is the one out with earnings. That index a limit higher. Lets focus on the nasdaq as the underperformer. In april it turned higher at one point for the month. It was getting closer to a the racing is the client for the year to date. That now is gone. Weve had a number of high...
June 24, 2024
Today. Wall bonuses, they could fall even further this year. Well get you details on that. John skully is with us today and says donald trump is a master of perception. However, he says that donald could shift that strategy if he wins the republican nomination for president. John skully will be here live to explain that in a few minutes. We have a michigan one coming up on wednesday. And shake shack, will the chicken shack help the Company Deliver on wall street expectations, well have the Earni...
June 24, 2024
In the early trade in the european markets right now, youll see that at least at this point, there are some red arrows there as well. Looks like the dax in germany is down by 0. 4 . Right here in the United States, it looks like the dow futures are now 71 points below fair value. S p futures off by 12. Among this mornings other top story, were watching the price of oil. Crude oil under pressure again today. This follows yesterdays drop of nearly 3. 5 . That drop came after opec said Global Deman...
June 24, 2024
Earnings. Plus will banks continue to struggle with different bond making . Consumer sentiment falls to a sevenmonth low. We begin with our market minutes. U. S. Stocks falling amid Earnings Report and Consumer Spending data. We have the s p 500 for the worst twoday drop since february. Amazon was a big story that everybody was focused on. It didnt seem to have much staying power in terms of lifting the broader market. We were much lower earlier in the day. If you look at the market, not that dr...