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Transcripts For CNBC Closing Bell 20240712

Stephen mnuchin speaking on the phone today regarding stimulus negotiations with a promise to speak again tomorrow and new york city is back in had the coronavirus spotlight. People refuse to wear a mask still to come, coming up on todays show, embattled e. V. Maker nick la with new lows. Well ask the former auto executive what it all means for nikolas pending deal with gm. Plus, well speak with the newly minted president of shopify about the run that stock has been on. Up more than 150 . Well ask about the recent news of rogue employees stealing some Customer Data. Harl Harley Finkelstein will be our guest. We have the latest headlines coming out of washington, d. C. For us start with you, mike a little bit of low volume churning going on today. Maybe a little apprehensive. Kind of Holding Steady ahead of these couple of known potential catalysts, of course the president ial debate and the jobs number. After 4 two day rally, s p 500 year to date, train day, we kind of had that half 1

Transcripts For CNBC Closing Bell 20240712

And technology outperforming in todays trade. Theyre all up more than 1 hers at the moment weve got 59 minutes left to go in another wild session. Green across the screen once again. The company now pivoting to very different space. Well speak with the ceo about the strategy shift plus, former ceo getting in on the spac craze with a Blank Check Company. Lets get straight to the big stories were watching mike santoli tracking the market on this first day of the Fourth Quarter. Steve leezmiesman has a look ate Economic Data and we have the latest on the stimulus notions its been a little jumpy. A little fitful action it is shuttling up and down within that range. It seems as if the market is trying to shake out the people or the al go riridg al algoriths the year to date chart, we remain here. We keep pointing out its kind of this, you know, upper range above the year to date break even level it is about 1 , 1. 5 up from this level in the 3400s. People say maybe represent an upside break

Transcripts For RT Boom Bust 20240712

The day or thinks. We dare to ask. Quote this is boom bust the one business show you cant afford to miss im fair monteiths they are going to washington coming up tech stocks continue to hold down markets that the selloff continued for a 3rd straight day and going to war manufacturing laws in the dreamliner jets parking another at a investigation we have a lot to get to fill out to get started. U. S. And European Drug makers are now pledging to prioritize safety as the main focus of the corona Virus Vaccine Development will mine a leading Vaccine Developers made a historic pledge to uphold the integrity of the scientific process as they work toward potential global Regulatory Filings and approvals of the 1st covert 1000. 00 vaccines well the companies include pfizer johnson and johnson and astra zeneca to name a few this comes as americans brace for a 2nd wave experts predict more infections following a Holiday Weekend as we approach flu season will meanwhile india became the worlds 2nd

Transcripts For RT Boom Bust 20240712

Vaccines well the companies include pfizer johnson and johnson and astra zeneca to name a few this comes as americans brace for a 2nd wave as experts predict more infections following a Holiday Weekend as we approach flu season while meanwhile india became the worlds 2nd worst hit country just behind the u. S. Where more than 90000 cases were reported in just 24 hours pushing india pass resilin with more than 4200000 cases and europe is seeing its 2nd wave as spain set a new daily record of more than 3700 new cases in just 24 hours this is the biggest count since the country came out of that Strict Lockdown and with School Starting to reopen director of the coronation center for Health Alerts and emergencies said the country needs to be alert and vigilant. Going to give them the schools are now openings some have already opened most schools are opening this week in a staggered way and others open next week so we should see the impact of these reopening at the end of next week or the st

Transcripts For RT Boom Bust 20240712

To reopen director of the coronation center for Health Alerts and emergencies so the country needs to be alert and vigilant gives them the schools are now opening some have already opened the most schools are opening this week in a staggered way and others open next week we should see the impact of these reopening that the end of next week or the start of the week after that we need to be alert and vigilant the regional governments are very aware of what could happen we hope it will not happen france and the u. K. Will they also saw a surge in new infections cases have surged since those countries also came out of their lockdown well this comes as the World Health Organization is calling on countries to invest in their Public Health system for they stressed the importance of preparedness for the next pandemic. Killed. That means. Of uses for preventing detecting and desponding to diseases this will not be the last panda me history outbreaks and funder me excited for 2 for life but when

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