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June 29, 2024
Yesterday you saw the nikkei ended that 16 session winning streak this morning stocks are closed higher the nikkei was up by 32 points to 21,739. Hang seng down by a third. The shanghai was up by a third of a percentage point. The early trading in europe, things are in the green across the board. Gains for germany, france and london up by a third stocks in italy and spain also higher treasury yields, check this out, yields at 2. 43 . Crude oil prices which have been above 50 comfortably for quit...
June 26, 2024
Widely forecast by 28 out of 29 analysts by bloomberg policy makers back in september scrapping plans for further rate cuts amid signs the nation was withstanding the slump in oil prices and inflation remaining above target. 2. 9 sweden earlier keeping rates unchanged leaving the door open for further stimulus in 2017. That is the big headline. Norway central bank maintaining the key rate. Lets look at whats happening across the assets. The stocks were earlier. It suffered earlier. Down. Worst s...
June 25, 2024
Delivered. Nicole we are waiting for a live statement from Boris Johnson outside his home in london. I am lauren simonetti. Nicole i am nicole pedallides. Global markets in major selloff mode. Lets check stock market futures, dow futures down 436 points well off of earlier lows overnight where we were down over 700 points. Lauren european markets open sharply lower, the ftse in london is down 5 , the dax in germany down 7 . A steep selloff in europe. It is noting the dax and the cac have been do...
June 25, 2024
Indexes in the green right now. 6 the tao off dow jones off. 6 . 500d this is the s p broken down into 10 sectors. Financials and materials vying for the top spot in terms of percentage change upward. Looking at financials we have bank of america of five consecutive days, and wells fargo up for two. Thatipation being raised raise will rise at least once on the heels of that speech from janet yellen. Apple, we are always interested in apple. Right now only down. 10 . Higher whend move news of the...
June 24, 2024
For the week but look at that. Were just off the highs of the session right now with the dow up 286 points. We have been tracking overnight sessions in japan, which is hit really hard this week, down more than 10 . But we have black rock global chief investment strategist joining us and he says the market looks attractive right now. Is square a takeover target . Visa revealing its stake in the Payments Company and some on wall street say the move could be paving the way for m and a in the catego...
June 23, 2024
Failure and whether it can spread to other areas and asset classes. Are these the seeds of another crisis being sown . I think crisis is probably too strong. When you look at the rates, it really picked up dramatically. It focused on the energy space but the contagions there. You and i were just talking. If you look at the hospital stocks, while health care was leading earlier, health care, hospitals, are getting killed. Why . Because they are distressed credits. Anything that has that taint, ar...
June 21, 2024
Change is it should be on a sunday and at a time when everyone could watch. So i watched the first drive. Marcus mariota takes it down in like 8 plays and i said im going to bed oregons going to win. Thats what i thought and i woke up this morning and i was shocked. Urban myer has got it going. Only the second coach able to win with two different teams. Thats right. And he had already its amazing to win the National Title and for ohio state these fans are rabid. Do you remember woody hayes . I c...
June 21, 2024
Dow jones industrial average is down, varney and company is about to begin. Stuart check the big board the dow was off 52 points, nasdaq is higher, remember the stock market has gone more than a month without hitting a new high and that makes a lot of investors nervous. A lot of investors are very spoiled too, got to look at oil. Not a lot of reaction to middle east tensions. Where is the geopolitical risk we talk about . Up a lot from last months lows, speaking of being that gas prices keep cli...
October 25, 2023
For the eighth consecutive year, global law firm Greenberg Traurig, LLP’s house band, The Meltones, won the annual Law Rocks NYC battle of the bands to a sold out crowd at the Gramercy Theatre in New York City.