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CNBC Squawk Box July 12, 2024

Continuing to be all about tech. Surging since the best monthly performance since 2000 u. S. Equity futures, youll see at this point you are looking at some green arrows across the board. Nasdaq indicated up. Dow is up, so is the s p 500 well talk about zoom. It is those Technology Stocks leading the way. Looking here to date, they are up more than expected. Looking at the treasury market, it looks like the 10year is yielding around the same amount of 0. 726 . Zoom, huge news. Right now, top sin...
New York United States New Jersey Angela Merkel Brian Kate David Faber

BLOOMBERG Bloomberg Surveillance July 13, 2024

Of citigroup, although Tobias Levkovich will join us later. On a serious note, things deteriorate in hong kong in the last 24 hours. Francine a lot of the focus is on china. We have the National Peoples congress and the premier talking about targets being abandoned because it is too difficult to predict gdp and they want to create 9 million jobs, less than the 11 million jobs in 2019. We will have to see what happens with hong kong, the lobbying passing through. The u. S. Will weigh in and china...
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BLOOMBERG Bloomberg Daybreak Americas July 13, 2024

From beijing to new york, jersey and south carolina. We have the top stories. We begin in asia, where the spread of the coronavirus is feeling concerns it is widening the pandemic. The cdc issuing a stark warning for the u. S. It is not so much a question of if this will happen anymore, but rather a russian of exactly when this will happen but rather a question of exactly when this will happen . Me is selena. Walk me through the latest. In china, the rate of infections continue to stabilize. Few...
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CNBC Power Lunch July 13, 2024

How low can it go . Power lunch starts right now well explain. Thank you, tyler as markets lose their gains on coronavirus headlines, we have all the angles of this story and the selloff today covered for you. Meg terrel has the latest on the comments that took down the rally. Bob and Rick Santelli following the volatile moves in the stock and bond markets ameamon javers has the white hoe response. Update officials saying its fair to say were on the cusp of the pandemic according to a bloomberg ...
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CNBC Power Lunch July 13, 2024

Mark on that Company Power lunch starts right now and welcome to power lunch. Im melissa lee. Were looking at the markets right now but this is not telling the entire story intraday, thats the story we went from session highs in fact intraday all time high on the dow industrial to a low. On a dow jones headline about u. S. china trade talks hitting a snag over farm purchases well get the latest and monitor the latest reaction for you. Thank you, melissa. Were going to go now to washington and Ka...
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CNBC Power Lunch July 13, 2024

Repeatedly pointed to the period during the late 1990s, when the fed cut rates multiple times at consecutive meetings, but not for an extended period of time he said that experience was successful but, of course, policy is not on a preset course. On the other hand a couple officials at the meeting and in the minutes, argued for a bigger rate cut of 50 basis points. And possibly even guidance now, throughout the meeting, there were references to trade tensions and there was this gnawing concern t...
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CNBC Power Lunch July 14, 2024

Magic. Power lunch gets started right now. And lets check where we stand at this hour were off the highs of the day the dow up 200 points right now, but the session highs were about 100 points above that when we were up more than 300. S p and nasdaq both up about a percent as well. Even though asian markets were down 2 overnight, so a real turnaround for our markets today. And take a look at apple, the stock is jumping after one top analyst says that the tech giant might be tariff proof. Well ex...
United States Angela Merkel Raymond James Randy Frederick Rick Santelli Meg Turrell

CNBC Power Lunch July 14, 2024

Dow fell about 150 points as President Trump says this morning theres no trade deal with china just yet. Shares of p g, Procter Gamble, up 4 after its Earnings Report. This is a record high for this stock. Well have much hoar on that later on thank you very much with the dow just above 27,000, the president this morning saying we would be 10,000 points higher at 37,000 on the dow if not for the feds actions. So with 24 hours to go until the fed decision, we know the president would give jay powe...
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CNBC Power Lunch July 14, 2024

But competition was set to restrain the ability of the manufacturing of those payment tariffs or higher Labor Compensation to pass that along. Some of the details we saw was like philly and cleveland. Richmond said there was strong volume at ports as there were a lot of imports to get ahead of some of the expected tariffs st. Louis and kansas city said farmers suffered because of depressed crop prices because of tariffs. Lets talk about the job situation, which is a completely different picture ...
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CNBC Power Lunch July 14, 2024

Edwin star, war, what is it good for. Welcome to power lunch, im Tyler Mathisen and i date myself proudly, ladies and gentlemen the dow at its low, now down 123 or about a half percent. But why . Well, its basically boeing and caterpillar. S p 500, it is higher by about a fifth of a percent and nasdaq higher about a half percent. Those are sitting at record levels the nasdaq, i should say, despite the hurdles facing big tech as the doj takes aim at the industry more broadly launching a broad rev...
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