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July 16, 2024
Today. With the dow jones average skyrocketing 530 points, s p 1. 32, nasdaq 1. 72, one point before more saber rattling with china. All sorts of beaten down stocks, though, were higher. While the covid19 winners, well, they got slammed theres just one tiny problem with this action we dont actually have a vaccine. Does that mean the stock market is getting ahead of itself lets unpack the issue first this rally is based not just on hopes of a vaccine but a firm belief that the whole virus problem...
July 16, 2024
After an incredible session where the dow surged 223 points breaking through the key 28,000 level. While the s p gained 7. 7 . Six straight up week nasdaq raising on positive trade chatter. I think its within reach. We need to approach this with a certain amount of skepticism but theres a possibility. All that needs the to happen is that the chinese pay market prices for boat loads of pork and get an agreement that opens up their markets to our financial companies. Pork deal wouldnt even be much...
July 16, 2024
We havent seen for quite some time i can deal with two, three, i dont know eight if it is going up for the right reason it has been good so far there is a lot of floating rate stuff around tensions in hong kong escalating overnight. A flash mob. More than 1,000 people wearing office clothes and face masks blocked roads in the Central District as police fired tear gas as well as at two University Campuses carrie lam said that the protesters are selfish well continue to monitor the updates as they...
July 16, 2024
Points that key level broached 3100 for first time ever. The nasdaq is higher today all three of the major indices are on track for more record closier close closers. President trump said trade deals with china could happen. Eamon is there and has the details. Reporter thats right. The big question going into the speech today was would the president say anything specific about china give us any dates or locations any indication of where this signing ceremony might take place. The answer is no he...
July 16, 2024
It always leads us to our road map. It starts not with the stock market but with the big Company Named walmart and its shares, which are set to open at a new all time high. The retailer delivers an earnings beat, also forecast what is quote a good Holiday Season plus, Global Technology spanning slowdown concerns, cisco shares, they are sink ahead of the bell as we told you. Rain or shine, we always like that he will be with us for an interview and Elizabeth Warren on attack. The president ial ho...
July 16, 2024
Its veterans day but 11 11. The number one its 11 11 i know that it was 11 11. They celebrate their cingsi g singularity and everyone gets married. Putting an end to the singles day they have taylor swift kicking it all off for them. You are not single. No. Disappointing so many of our viewers out there. Stop it what time is it 6 01 didnt take me long. If you have it, lets flaunt it. Lets get on to the news. The elephant in the room. Okay im usually looking at andrew, so, this is very difficult ...
July 16, 2024
Mark on that Company Power lunch starts right now and welcome to power lunch. Im melissa lee. Were looking at the markets right now but this is not telling the entire story intraday, thats the story we went from session highs in fact intraday all time high on the dow industrial to a low. On a dow jones headline about u. S. china trade talks hitting a snag over farm purchases well get the latest and monitor the latest reaction for you. Thank you, melissa. Were going to go now to washington and Ka...
July 16, 2024
With more. Thank you, andrew the Commerce Ministry said negotiators agreed to canceling tariffs in stretches the additional tariffs or some of them had to go. Also the Ministry Said from beijings perspective, the tariffs needed to be lifted at the same time by the same amount, how much could be negotiated the time and place of the deal signing has yet to be decided. Since then, the state media has been really focused on the point that if the u. S. Wants to have a trade deal, there has to be a re...
July 16, 2024
About their role there seems to be some debate about this good morning, welcome to squawk in the street im carl cantonia. At the cnbc, they are delivering at the conference in new york city that was sec jay clayton as you saw. Moments from now, kobe bryant, the basketball legend quickly becoming an investing legend we will talk money in sports, futures in a tirade full of economic data. Of course, delivering alpha. The big story today, a number of heavy hitters at the investors summit a pretty g...
May 3, 2024
President Joe Biden's "zero by 2035" goal faces fresh concerns about electricity reliability.