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June 21, 2024
Trading and marking the latest milestone in the stock markets historic bull run. Corporate takeovers, which well have more on in just a moment. And hints of more stimulus from the European Central bank help stocks hit that psychologically important number. Adding to the enthusiasm, a report from the chicago Federal Reserve, which shows Economic Activity expanding at a rate above its historical trend. By the closing bell, the dow rose 75 points. The nasdaq added almost 19 and the s p 500 up nine ...
June 21, 2024
What some experts say is the better way to build wealth. All that and more tonight on nightly Business Report for monday, december 8th. Good evening, everyone. A one, two, three punch today from energy te, technology and , burgers. Stocks fell as oil prices sank. We begin tonight with that dow component. Mcdonalds. The Worlds Largest restaurant chain reported a steeper than expected drop in global sales across all regions including a sharp decline in the u. S. Thats the sixth straight month of f...
June 21, 2024
Weeks or so. They got a boost. Upbeat report on jobs the trade deficit narrowed for more than expected in december and anticipation the central bank will move forcefully and soon to stimulate the regions economy. The Federal Reserves latest policy meeting confirmed Interest Rate wont move up soon or fast here. Put it all together and stocks broke a fivesession losing streak despite news of a terror attack in paris that left 12 dead. The dow surged 212 points. Nasdaq up 57. S p added 23. Oil pric...
June 21, 2024
Deere earnings beat but outlook weak. Quote, sluggish conditions in the global farm sector. The stock is moving lower. And after walmart hikes pay for 500,000 employees the downgrade for the stock, nordstrom earnings out as well. First up nasdaq in the mid of its best winning streak in a year aiming for an eighth straight day of gains. Closed yesterday at a 15year high within 76 points of 5,000. Facebook among the nasdaq stocks in the spotlight after a note assigning 33 billion valuation to Face...
June 21, 2024
Detainees, but gary k. Says no way. Gary . Look i think theres a big difference. The man sentenced, the animal sentenced to death yesterday committed a crime here. Most of these, if not all of these gitmo people committed crimes elsewhere. For me gitmo does several things. A, it sends a message to these terrorists. It does not cut costs any bit whatsoever. And it really sends the message to the terrorists that youre not going to be in a very nice place going forward. I say you keep it open. Rich...
June 21, 2024
Detainees, but gary k. Says no way. Gary . Look i think theres a big difference. The man sentenced, the animal sentenced to death yesterday committed a crime here. Most of these, if not all of these gitmo people committed crimes elsewhere. For me gitmo does several things. A, it sends a message to these terrorists. It does not cut costs any bit whatsoever. And it really sends the message to the terrorists that youre not going to be in a very nice place going forward. I say you keep it open. Rich...
June 21, 2024
Tomorrow. Jpmorgan, bank of america and goldman and citigroup. Can Investors Bank on the banks . Good question. We begin with the biggest retailers. Target and gap are under fire for staffing practices. More on this developing story. Give us the latest. New York Attorney general has sent letters to 13 retailers, including jcpenney target and gap and others asking for information and documentation about staffing procedures as it pertains to on call shifts. The new York Attorney general said the r...
June 21, 2024
Anybody about the cost of the price of oil and has no fear about future fluctuates. Im not worried about crude nor would i try to predict what the price is. This is just the beginning. Indias finance minister tells cnbc the country will grow faster than china as long as it continues to reform. I believe india has a 9 or 10 Growth Potential and 9 or 10 Growth Potential, we have to invest a lot into Rural Infrastructure. This driven by the strongest performance since 2008. Lets get to carolyn with...
June 21, 2024
Turn things around. After three Straight Days the market once again opened down big. Nearly 140 points before the averages rebounded. Dow declining 40 points. Nasdaq dropping 2. 7 and the s p dropping 4. 9. I call it a victory for the bulls. How did the rebound happen . First we have pieces of positive Economic Data to help the bullish costs. One of the main reasons we have been hammered has to do with very pumped data involving our economy. Soft durable goods numbers were a bummer. Soso housing...
June 21, 2024
Rise again. Should you lock in your rate right now . We begin with what we told you about. Crude is soring and we are currently at 3 . And its in the past month alone. Everyone wants to know. Hey there, jackie. I will start with the question and i will answer it right there. We are over 60 today. Traders are telling me they think i could go to 65 by memorial day. That is because we made the run for 60. There has been a lot of resistance and geopolitical events are taking us over the edge. There ...