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July 16, 2024
Pound nowing the euro the highs of the session. The cable rate coming in a little bit weaker. Joining me now, Stephanie Flanders here on set with me, and from london, guy johnson. Usst blush for you, walk through some of the results. Guy this is pretty much exactly as expected. The pound is barely budging on the news. The market is pricing and very little action from the boe going forward. It is very hard to call exactly what the outcome of brexit is going to be. I think weve got 10 basis points...
July 16, 2024
Yesterday. Today. Lls not deterred keep an eye on the bank stocks. We saw them significantly higher yesterday, getting a little bit about bid today despite a lot of the expectations for additional fed rate cuts. Definitely a big factor in what we are seeing in the markets on the u. S. Side. Guy thank you. Front and center in europe today, stoxx 600 up. The banks execs is up. Theres a whole lot of factors. We have seen the ecb and the market with another trove being kicked out. Extra liquidity go...
July 16, 2024
Francine good afternoon if you are watching from asia. This was a couple of days after the news from the saudi attack on the infrastructure of saudi aramco. Bank raised its benchmark rate to 1. 50. They had flagged they would raise rates. Wereeason why people questioning whether they would do it is because the World Economy is more uncertain than a couple of months ago and you see a lot more dovishness from the ecb and the fed. Toit is quite difficult raise Interest Rates in this kind of environ...
July 16, 2024
My name is marcus lemonis, healthy, beautiful smiles for life. And i risk my own money to save struggling businesses. Liberty mutual customizes your car insurance, hmm. Exactly. So you only pay for what you need. Were not going to wake up every morning nice. But, uh. Wondering if we have a job. Whats up with your. Partner . Were going to wake up every morning not again. Limu thats your reflection. Wondering how many jobs we have to do. Its not always pretty. Only pay for what you need. Everythin...
July 16, 2024
Up fororget, almost 4 the month of august on the s p 500, even with all the turmoil and volatility. Yields down as well, although we are up a little bit today at 1. 52 on the 10 year. The dollar index continue to strengthen gradually. Several sessions now of strengthening. To best performing in the s p 500 right now is campbells soup after beating on sales. Dell also performing extraordinarily well. Some lower stocks as well. Ulta beauty down to 5 in the session. Ins look at europe 25 the sessio...
July 16, 2024
We stand with the markets. Stocks have bit a bit under pressure but the yield now off the session lows were off the session lows on equities as well the yields are 1. 48 s p 500 is down just fractionally small caps are getting hit the worst there. You see the russell is down by just about a percentage point. Power lunch starts right now and despite growing recession risks, jpmorgan is taking on the bears. The firm saying today that the worst could be over and calling for the market to advance as...
July 16, 2024
Afternoon if you are watching from asia. These are your markets. We have quite a lot going through and extra data to check. You can see the stocks europe 600 down 2 because of the fair catch fresh tariff ramp imposed kind of came out of nowhere. People are wondering if it means we will not see a resolution. The one to watch, extending gains and treasuries heading higher. Crude at 54. 8. And if you break down some of the stocks and where we are seeing nervousness, you can see basic resources down...
July 16, 2024
And i risk my own money to save struggling businesses. Were not going to wake up every morning wondering if we have a job. Were going to wake up every morning wondering how many jobs we have to do. Its not always pretty. Everything is going to change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. In 2010, Justin Romines started rayjus with his fishing buddy, ray odom. Justin if you take the graphic stuff out of there, i bet you its almost....
July 16, 2024
Chipotle is up 3. 5 today. Expect other restaurants to do well. The initiation includes stocks like starbucks. 500 is still down a quarter of 1 . We are getting some diverse action among the major indices with the now stack nasdaq and dow almost down 1 . Lets get to our top story. Lets start with the Central Banks. A massive week for Central Banks. Overseeing the fed is at the nickel of that mountain pinnacle of that mountain. Do you think that this 25 consensus is setting us up for a surprise l...
July 16, 2024
Welcome to power lunch. Im courtney reagan. Lets get a check on the markets this hour. A cautious day on the street stocks trading in a narrow range. The dow managed to hit an intraday high earlier, but now were in the red across the board for the three major averages with the dow down about 21 points, the nasdaq composite leading way lower by half a percent. Oil also tanking this hour secretary of state pompeo says iran is ready to negotiate about its Missile Program. The final trade details ar...