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July 16, 2024
When the selling is resuming for a weekend there nasdaq lost 11k. It is the worst two days they are trying to get 3400 back as the fns or week. Lets check in with bob pissani and get a since of what you think is going on. What was interesting is we were drifting lower going into the nonfar payrollm payrolls there is tech to the downside. Right across the board industrials are a little weak. Energy is better and bank stocks are up as we have seen the yield curve steepenning. A lot of pressure in ...
July 16, 2024
The u. S. Has labeled china a currency manipulator cranking up trade tensions between the worlds 2 biggest economies the decisions rattled investors on International Stock markets trumps decision follows the sharp weakening of chinas you one currency which breached the closely watched barrier of 7 against the dollar yesterday the u. S. Treasury said it labeled chinas current china a currency manipulator because it had devalued its currency quote to gain an unfair competitive advantage in the wor...
July 16, 2024
Business has come to the u. S. Has labeled china a currency manipulator cranking up trade tensions between the worlds 2 biggest economies the decision rattled investors on International Stock markets Donald Trumps decision follows the sharp weakening of chinas you one currency which breached the closely watched barrier of 7 against the dollar busy the u. S. Treasury said its labels china a currency manipulator because it has devalued its currency to quote gain an unfair competitive advantage in ...
July 16, 2024
Now boeing is the most expensive stock in the dow, when it cascades, close to 10 bucks a share, disproportionately has a weight on the dow. Accounting for half the loss were seeing in the dow about 135 points. Roughly half of that is just boeing. Meanwhile the Justice Department is ramping up a probe into big tech. Here is what is amazing, the nasdaq is in record territory, it is doing that without the likes of amazon, apple or google. You dont see that very often. Were awaiting a new statement ...
June 29, 2024
Good afternoon, everybody. Welcome to power lunch. Nasdaq hit new highs yerlearlie today. The dow and s p 500 under pressure merck a big reason for the dows decline. Shares down about 6 shaving 20 points off the dow merck is down 13 in the past week the Number One Health care analyst will join us to take part in mercks woes. Whats working check out amazon, apple and facebook all three hitting new highs. Check out some other movers. Amd down downgrade there. The stock down 20 in a week in arising...
June 24, 2024
Welcome to Worldwide Exchange on cnbc. Im sara eisen. Was that song slightly sped up . This is a remix. Its all your energy. We better be suped up on what the markets are doing. The futures are pointing to a positive open. We are not seeing quite as many gains in europe but still gains nuns. The d nonetheless. We saw about 80 points higher about half an hour ago. The s p called higher by 6 points. The nasdaq by 16. The dow and s p made it two consecutive weeks of losses, albeit small ones last w...
June 23, 2024
Week of the year. Certainly big story of the day. The mega deal between pfizer and allergan, the largest ever in that industry. Now, what does it mean for one of the most widely held stocks around in the form of powerhouse that the deal creates . Our reporter has been right in the center of the reporting of the story, joins us now. Hi, meg. Standing outside their headquarters where today they announced the deal for 363 per allergan share. Being structured as allergan buying pfizer. But allergan ...
June 23, 2024
Percent. Then nasdaq fairing the least worst of the bunch. Almost flat. This is commodities take investors on a wild ride today. Dominik chu has all the details on what has been a volatile ride for crude, copper, and commodities. Its playing out elsewhere in the markets as well. The stock market will focus there to get things going. You can see health care, the only sector thats positive so far. The intraday chart, you can see ups and downs. Were off the lows, the worst levels today. Focus on th...
June 19, 2024
Ty. And carl is live in san francisco, my friend jim cramer is here to help us through this hour, watching all that is going on with apple and the Developers Conference. Carl . Hey, guys, buckle your seat belts, keep your arms and legs inside, the next hour is likely to be choppy with a lot of headlines. We will have our ear tuned. Were actually told he may not speak as long as craig feteriggi, who is in charge of software. Its important to remember this conference is usually about software, not...
June 17, 2024
Israel. But it takes two to tango. And the rest of the arab world has to get in the game. We are under no illusions about how difficult it will be difficult to achieve. Some of you in the audience have said why do we even talk about it anymore . Well, its going to require hard steps on both sides whether its in all of our interests, israels interests, United States interests, the interests of the palestine people. We have a profound interest in peace. To use the expression of a former president ...