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July 16, 2024
To it. But it is a mess. Alix this morning we are looking at the gulf of oman. We have two tankers under some kind of attack. About how or by whom. There are questions as to what it actually means. And who has the military capabilities to do that . Alix that is where you had those two vessels on their way to singapore, but a month ago we also had saudi tankers attacked, leaving questions as to who in the region would want that kind of attack and who would be able to carry it out. That is the rea...
June 29, 2024
Enthusiastic come back. Its why i urge you never to reach for stocks. Not to chase them up high. When you chase you get burned. The dow opened up 360 points and then the market went into a tail spin late in the afternoon. Dow sinking 205 points. S p plunging so beautiful all day and nasdaq declining. 44 . It was if biggest downside reversal since the financial crisis. We didnt have the ingredients as stocks rallied off the openi opening. Its the bane of the stock markets existence. It was all ba...
June 27, 2024
Discusses mass deportations of immigrants. Welcome to bloomberg markets. It has just gotten to midday. Taking a look at the markets and asia, they are in the green. The exuberance we felt and wall street is not caring to asia. Take a look at the nikkei. It is in a downward pressure from a stronger japanese yen. We are seeing the dollar index reversing that earlier rally. Gaining ground 2 10 of 1 , you can not just fight that rally in hong kong, the highest since 2015. Increasingly the focus has ...
June 27, 2024
Good morning. Happy friday. On cnbc. Im saari. Im wilfried frost. Its new music friday. Were kicking off the show with the latest from charlie xcs. Never heard of that. Thats my wedding song. Never knew who sang it. You need to know these things. Now you sayt i feeley know the name. Doesnt have the same ring as sir elton john. Happy jobs day friday. Lets check in on the Global Markets this morning. U. S. Stocks did break their losing streak after three down days. Barely. Minor gains. Looks like ...
June 25, 2024
We have a lot lined up for you including one conversation with the former opec president and algerian oil minister, chakib khelil. The good thing is he will be up to put every thing into context and say why opec costs are different now. We are having breaking news from the middle east Sovereign Wealth Fund. We speak to the ceo on a fairly regular basis. It has returned to profits. This is because its Trading Division made some money. This is a huge Sovereign Wealth Fund. Biggesttually the Sovere...
June 25, 2024
Beat goes on and on good morning and welcome to Worldwide Exchange. Im sara eisen. Im wilfred frost reporting from washington today as wells fargo ceo was the before the Senate Banking committee. More on that including his prepared remarks in just a moment. Finally a very good morning to you from me as well. Looking good in washington. Miss you here. Playing my Favorite Song to keep me in a good mood. First a check on the global markets. U. S. Equity futures after they gave back most of their ga...
June 25, 2024
But were cut those gains in half. So maybe investors betting that the september fed rate hike is even less likely. Well look at what that means for the market, kelly. Weve talked about Donald Trumps trip to mexico and the potential impact on the immigration policy and what asht the currency in the peso. She cannot wait to tell us about that. Meanwhile, mylan shares hit. What a story this is. Theres news the company may have overcharged medicaid for the epipen. Theyre saying maybe grossly overcha...
June 25, 2024
In the ek change of gunfire, one officer was shot. He was wearing a bulletproof vest. Apparently his injuries are nonlifethreatening. The other officer was hurt by glass shrapnel in the shootout. He has been taken to a hospital. The elizabeth mayor says that he was shot in the leg, but video that we have seen and pictures that we have seen and you are looking at the suspect right there laying on the ground in front of that green car, indicate that he may have been hit in the arm. Were not sure w...
June 24, 2024
Both of which have done better than the underlying metal. We are an hour from the close of trading today and the month of february. Lets head to the markets desk were julie hyman have the latest as stocks turn around and come down. Julie they have indeed turned and fairly substantially lower. All major averages are losing about as much as they were getting out of the gate this morning. They continue to fall on lower than average volume. Turner, we saw stocks higher as oil turned more substantial...
June 24, 2024
Alternative and vermont senator Bernie Sanders beat the once, quote, inevitable candidate and political machine Hillary Clinton in a landslide. More than 40 points separated them. Sanders grabbing his own page in the history books, all of that was yesterday, today a brandnew chapter written by now. The campaign trail leads us to South Carolina and many of the candidates have landed there where the political environment as you all know is totally different from that of New Hampshire. Hoping to cr...