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June 24, 2024
John kerry will travel to brussels on friday to express his condolences and meet with belgian and european officials. Belgium is holding a mass vigil outside the brussels stock exchange. They left flowers and lit candles for the victims of the bombing attacks. This as the country began three days of mourning. You are up to date. Fast money starts right now. Fast money does start right now. Live from the Nasdaq Market site overlooking new york citys times square im melissa lee. Our traders on the...
June 24, 2024
Closed relatively flat. Nikkei was down by about 0. 3 . In europe, it looks like things are modestly weaker. The dax is down by about 0. 3 . The ftse looks flat. Lets get you through some of the top stories this morning. We have citigroup expected to report at 8 00 a. M. Eastern time. Analysts looking for the bank to post earnings of 1. 03 per share on revenues of 17. 5 billion. Citi has already said Investment Banking fell during the quarter. Worth watching. The bank could give us a better snap...
June 22, 2024
Anybody on board why bother having the meetings at this point . Its a great place. I dont think they want to pay for the hotel room at this point. Our colleagues caught up with a member of the saudi royal family earlier today. Well bring you that in a few minutes. First lets talk about the goldman call on crude. The firm is cutting its forecasts. Its one month view is 38 barrel. Thats a significant decline and thats a fairly short time measure. Theyre saying 38 within the next month. A decline o...
June 21, 2024
Rbs is spinning off its american unit, citizens financial first trade this morning. And in retail, bed, bath beyond sharing purchases. That stock surging in the premarket. And say hello to walmart checking. The big boxs largest foray into banking is here. But first, want to get to david with breaking news this morning. Thanks, carl. Were delving into the soap opera that is allergan. This morning we can tell you that salex pharmaceuticals, a company i previously reported on and told you allergan ...
June 21, 2024
You have average Hourly Earnings rise by. 3 . This could be the 12th straight month of job gains above 200,000 which would be the longest such streak since 1994 and that has people saying the fed is behind the curve and other people say when you look around the world to see whats happening with the strong dollar he they would be crazy to be raising rates but its a source of continued debate the do you is up more than 4 over the last four days nasdaq is up for the year. The index is on track for ...
June 21, 2024
Also worsening tonight. In iraq, the radical isil has driven one and a half Million People from their homes, leading the United Nations to declare it a level three emergency. That is the highest and worst level. The Obama Administration meanwhile has sent a team of special operations groups to iraq to assess how to evacuate the thousands of refugees trapped there. The troops are on the Mountain Range for roughly 24 hours in a move the critics say seems an awful lot like boots on the ground. Some...
June 21, 2024
Also worsening tonight. In iraq, the radical isil has driven one and a half Million People from their homes, leading the United Nations to declare it a level three emergency. That is the highest and worst level. The Obama Administration meanwhile has sent a team of special operations groups to iraq to assess how to evacuate the thousands of refugees trapped there. The troops are on the Mountain Range for roughly 24 hours in a move the critics say seems an awful lot like boots on the ground. Some...
June 21, 2024
Developments that will unfold are uncertain. What Market Participants should be doing is looking at incoming data, just as we are. Olivia fed policymakers indicate that before they raise rates prices are being pushed up. Speaking of prices, the price of oil is falling again today. West texas intermediate is back below 44 per barrel. In tunisia authorities are looking for several gunmen after a deadly attack in a museum. At least 42 people were killed, mostly foreign tourists. 22 people were kill...
June 21, 2024
European stocks may surge 70 by the end of 2016. They offer investors a historic yield pick up over corporate and government bonds. The stocks havent been this cheap for more than 50 years. When yields go negative thats what can happen. Dallas fed president Richard Fisher is calling for the central bank to end its Monetary Policy and press ahead with the Interest Rate hikes. He is steps down after ten years at the fed. Its been ten years . We know hell probably be an nbc contributor . I would th...
June 21, 2024
Investigators, but they were not considered among the most likely to pull off an attack. Today, isis claimed responsibility for what would be its first strike in the United States, though investigators doubt it. A loan, Unidentified Police officer killed both suspects as they opened fire outside an auditorium near dallas, an auditorium hosting more than 200 people at an antiislam event. Reporter Law Enforcement sources say 31yearold Elton Simpson and 34yearold nadir soofi were well armed when th...