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July 16, 2024
Bad reaction. Astrazeneca slams the brakes on a phase 3 vaccine trial after one test patient contracted an unexplained illness. Watch the vaccinemakers at the open tomorrow. The rout resumes. Asian equities post losses after more devastation for u. S. Tech investors. Slumps ses 7 but tesla by a stock record 21 in yesterdays u. S. Session. England prepares to reimpose coronavirus restrictions on the public. Starting next monday, gatherings of more than six people will be banned. Youve been warned...
July 16, 2024
Alongside lisa abramowicz, im jonathan ferro. Tom keene back on monday. The equity market unchanged right now on equity futures. It is the bond market tickets your attention. The worst week for 10 year treasuries going back to june. Lisa very low rates, but it seems like theres at least a little bit of a concern creeping in about the record bond issuance from the u. S. Government. The question is whether this is a momentary blip. Today, people seem to be treating it as a buying opportunity. Jona...
July 16, 2024
That because there are a lot of people who just think if we can break through that then were going to be able to say when we get a vaccine its just going to be game, set, match for the bulls because we are already at this level without the vaccine i think that today is a confluence of goldman puts citi, wells fargo and jpmorgan in the rearview mirror. Its the old Goldman Sachs model. We have moderna talking up a blue streak this morning on squawk with meg making us feel like inject my left arm, ...
July 16, 2024
In the corporate world office cash and apologies for historic racism. Critics say people want more than just words and serious action is needed. Lets get you a look at the markets. We had a whipsaw session as these comments from jay powell really causing investors to take a step back and consider the amount of risk being put on the table with this record rally weve seen this year. We are seeing on the downside when it comes to trading in u. S. Futures. Down by 4 10 of 1 . Chicago futures, also p...
July 16, 2024
Formally thats where they stop, unlike the oil futures hallelujah. And thats why we got hammered dow plunging 632 points. S p plummeting 8. 37 nasdaq nose diving 3. 48 the house of pain yesterdays futures in negative territory terrified people if you have to pay to get rid of a barrel of oil or a bank that lent to a bunch of oil companies, even though futures rebounded, oil is above zero the more representative june futures plunged to zero digits before rebounding to the teens in the afternoon i...
July 16, 2024
Down the east and south of europe thats a cold front representative of the suns out so on the whole its not that bad this is developing into rotating rain spreading all the way from the spanish coast through italy towards the adriatic more or less so rain is the blue and his orange thats heavy red circulation here in the coast of spain is not going to be good but further west in spite imports go its cloudy here and is only in the teens but not quite as what i have to say if you are in london you...
July 16, 2024
Oakland airports is 58. Santa rosa 9 compared to yesterday at this time. Fairfield 5. We are warmer than yesterday at this time. A big cooldown is on tap for the next couple of days. Some patchy fog, shallow, lows are mild. Temperatures well above average. We are looking at that and some of the other commutes. Everything is doing very well. The social distancing and stay athome the things we have for you. This is jfk, we have some video of jfk drive. This is not video, its a live picture, bicycl...
July 16, 2024
Developments and Governor Andrew Cuomo has been mentioning these developments. Now worry on the food side though. We heard that tyson foods is indefinitely suspending operations at that largest pork plant in south dakota and worries now, forget about whether you get pork or beef. Whether, if and when you get it. We could be looking at sharply higher prices because right now it is in short supply. Connell mcshane on the latest developments. Hey, connell. Reporter neil, we have widespread agreemen...
July 16, 2024
Cases that is compared to chinas 81000 now worldwide there are now more than 529000 confirmed cases and more than 23000 deaths now these numbers keep changing by the hour and well continue updating through the broadcast. After days of debate republicans and democrats came together to pass the largest ever stimulus package for americans impacted by the coronavirus shutdown the bill is now headed to the house and President Trump has already promised his signature archys Rachel Blevins is joining u...
July 16, 2024
We are going to go through a very tough two weeks and then hopefully as the experts are predicting, as i think a lot of us are predicting after having studied it so hard, we will start seeing real light at the end of the tunnel but this will be a very painful, very very painful two weeks. Stuart the president s top medical advisers project a death toll in america of up to 240,000. Everyone is now paying attention. Now weve got to focus what will likely be the worst Economic News coming at us in ...