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Transcripts For CNBC Closing Bell 20240711

When it begins lets elook at what is driving the numbers today. Millions of americans remain out of work. Could that weakness pressure lawmakers to reach a stimulus deal we will see. Negotiations are under way as we speak. The dow up some 200 points or so two thirds of a percentage with 59 minutes left in the trading week kayla. Wilf, it is great to see you on this friday afternoon coming up on the show, door dash and airbnb ipos to come next week and a big test for appetite of some names in growth tech speaking of high growth, scott cutler, we will get his take on the e competition in apparel and sneakers mike santoli has the market covered. Ylan moi is tracking the latest movements on a stimulus deal and we will dig about sboo the jobs report with Dana Peterson. Mike first to you. What are you seeing behind the charts. Almost all news translated to good news for the market in this current mood that investors are in if you look at a fiveyear chart. Decided to broaden it out here more

Transcripts For RT Boom Bust 20240711

The day or thinks we dare to ask nothing really settled. Some of trumps enemies want the president and his supporters to be a price for the past 4 years. And in rumors of war, as trump tries to bring troops home, some say, instead of the start of war, its been decades since the full of spains fascist regime. But old wounds still havent healed the sort of the past, its a system you know, to the interest of newborn babies were torn from their mothers and given away and forced adoption to this day, mothers still search for grown children for their parents. This is the one business show you cant afford to miss. Im going to bore in washington coming up more good news has emerged in the fight against covert 19 at the oxford astra. Zeneca vaccine has shown promise have we can bring you up to speed plus as market top of the optimism for a covert vaccine. The treasury has halted extensions for emergency relief programs. When to break that down, what that could mean for a swift economic recovery

Transcripts For RT Boom Bust 20240711

Always known that we cant sleep multiple that scenes for the world because no one develops and i will manufacture is going to be able to be easy enough to cover everywhere. And so having multiple back scenes and basically with different Manufacturing Technologies and technologies that can be manufacturers globally and distribute it lately. Thats really important. Sometimes to court thing to the competition. But if you are the capacity, the highs are the nonce plus the name, or there are an answer capacity because our capacity, which is much bigger, the 3 of us dont even have enough thanks in part of directions for the world. So youre not, were going to have to worry hard to produce your own mole and then renewed more expense. So theres no competition really. We need as many as we can. So we work, you know, so efficient number of people who are well, so we stop this and him. And meanwhile, German Health minister jaenisch barn on monday said with multiple vaccine carriers showing good re

Transcripts For RT Boom Bust 20240711

You know, were going to have to worry how to run. Most of them renewed more expensive, so theres no competition really we need as many us recounts, are we going to need so efficient number of people. So we stop this and him and meanwhile, German Health minister yenta spot on monday said with multiple vaccine carriers showing good results. The country could start covert vaccination before the end of the year. There is good reason to believe that we can begin vaccinating you at the beginning of next year at the latest, perhaps even already at the end of this year. And because of those miners overall from my point of view, the Important Message during these difficult times is that there is a way out and were on a good way out. And here in the us, the chief scientific officer of the white house is operation warp speed program, shared similar sentiment telling c. N. N. The 1st indications could happen by mid december after pfizer in bio in tech specs in cant, it receives emergency approval.

Transcripts For RT Boom Bust 20240711

A test. Those, those claims, particularly in light of whats going on with respect to china and freedom of the sea passage and all that. But the fact that this we have a russia has a custom, a tradition of claim with, in its own state, makes it even more, makes a stronger case, frankly, to, to say that its their area. But youve got to consider that youre talking about an area that spans from point to point about 106 miles. And it, and its, and within that area, the United States is claiming that its international waters. But, but, but through this custom and tradition of the now declaring that the bay is in fact, russian under russian governance. No one else has ever challenged it until now they except the United States, i fear time is going to be just like a but just a fit enough. But the timing of the instant, do you, do you see a change of administration except having any relevance as to what is happening here ramping up . Moves the last few months . Yeah, i think it might, i think t

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