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June 25, 2024
Sorry to be the bearer of badof news this morning. News this thats okay. We need a little rain. Molitt thats true. Hatsru that helps make thingsakings grow. Good morning to you. Ni to thank you for joining us. Us. Im holly morris. Morri im maureen umeh. I maure today is thursday june 16th. 16th gary is here, erin is here. H shes following a number off issues including a portion oftio the outer loop being at a aa standstill. Growing concerns can of another isis inspireg d attackak in our region. ...
June 25, 2024
Of lead testing. Tests last school year revealed elevated lead levels and 17 taps at total of twelve schools they will install filters and test the Drinking Water and those that cant be fixed will be taken out of service. New testing completed this spring that included city remember centers found elevated levels in 6 of water sources including 35 drinking fountain fountains. Lowering that actionable level frl 15 parts per billion to 1 part per billion will mean more failed tests. It will cost an...
June 25, 2024
David and maybe give us an indication whether we can keep that stock rally going. Alix indeed. We have great guests including dan yergin. He will reveal how the outcome of the president ial election could impact the shell business and his outlook for oil prices. And pimlico c. I. O. Will join us and take us through the u. S. Open. The market really calm today. Jonathan very calm. The dbacks down. 1. A quiet turn to fridays trading. The bloomberg dollar index, about a 10th of 1 . Year gild yields...
June 25, 2024
But nonetheless, we are seeing some read on your screen here. All three major averages fall about one quarter to a third of 1 to a lot of investors waiting this afternoon when we get the minutes from the fed. Also watching retail numbers that continue to roll out from the various individual companies. That is a slowdown from the prior quarter and it is lower than analysts had anticipated after one quarter of lows outpacing home depot, it has fallen back behind, more than normal pattern. There is...
June 25, 2024
Surprising fact. You would think that would be more common. Think about what happened in 1999, the dotcom bubble. I tapped up mostly ill was talk about most to see who has the most volume and what the biggest moves are. It was kind of shocking to see macys with such a huge gain. I been talking about the story all day, that you dont see very for macys. Digit everybody else in the Department Stores is joining in. At macys of 17 , jcp up 9, kohls up 16. Everybody else was up there, including nordst...
June 25, 2024
December 30 first, 19 99. It has been quite a wild since that happened. Up,three major averages most at the highs of the session as the dow jones gained 122 points. A lot of the gains having to do with Consumer Discretionary and Energy Stocks will stop if you look at the gains they are near the highs that it has been, bumping around near the highs of the session all day. The trade fourth straight session in which we havent had a movement of at 500. 1 on the s p lets get to look at the earnings r...
June 25, 2024
That was when the Supreme Court issued its Citizens United ruling. If you listen to a lot of people especially democrats though say that was a terrible day because it let all kinds of money and influence back into elections. I would argue itwas a scary date for a different reason. Not anything to do with dark money or more money, more money is good for free speech but for another reason and that was democrats had come to rely on a lot of these campaignfinance rules and freespeech rules to keep t...
June 25, 2024
We have to look what equities did yesterday in the United States. Germany much better than expected. Italy, much less than expected. Tom there is a lot of Economic Data coming up. I look at this friday as a reset onto jackson hole. We have incredibly smart guest with us today. What i like about it is this is the week where we have moved on from brexit. I dont know what we have moved onto, but we left june 23 behind. Francine i just had a 30minute special on brexit, so i havent moved on, but i kn...
June 25, 2024
Between the s p high and low elliott seen all year. Only of about 1. 8 points. The dell also little changed. And the nasdaq up nine. Yesterday we got the fed minutes that pushed stocks a little higher. We are sorted in a drifting area. Volume at about 3. 5 below the 30 day average. Lisa there are some movers. Julie there are some deal related movers. An interesting report out of reuters that had to do with williams company. They have been searching on the news that Enterprise Products has made a...
June 25, 2024
Ready to endorse ryan, though he ultimately did. Kathy terry sater leads our team coverage. Hes live with the Paul Ryan Campaign in janesville. Terry. Two things were very clear in spear ryans victory news conference. Ryan was ready to defend trump , but not in detail and ryan , didnt want to talk about whether hed be a president ial candidate in the future, especially not the near future. He talked about the big picture as both congressmaan of the tak hseg on hillary clintod lkg about working f...