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July 16, 2024
Calls for more stimulus, treasury secretary Steven Mnuchin, package could pass in july. Take a look at futures. Pointing to selloff at the start of trading. Dow futures down almost 300 points and nasdaq down 55 and s p down 28, this after markets end yesterday in the that is, the nasdaq shattering another record high closing at new fresh alltime high on the nasdaq, up to 10,131. Police reform in focus as protests go on. Senate republicans are voting today and moving forward on reforms but facing...
July 16, 2024
We will talk about that later on. The bank of england is sounding more hawkish or maybe less dovish. The pound is down. 1. 2419. The Banking Sector, we talk about tltros and what the story there is. 1. 3 out of the door to european banks later on from the ecb. The Banking Sector under pressure. We will wrap some of those issues up a little bit later on. Willem bt her, uiter, former member of the bank of england will be joining us. He is a visiting professor of columbia university. He will be giv...
July 16, 2024
The reopening of america. Take a look. Dow futures turning negative down 19 points but the nasdaq is up 9 and s p 500 is also negative down about 1 point, mixed story this morning, dow and s p 500 snapped 3day winning street yesterday turning negative by the close, dow down 170 points, nasdaq was up 14 but s p down 11 and a quarter. Secretary mike pompeo meeting with chinese top diplomats as issue on trade, human rights and coronavirus heat up, john boltons new bookmaking claims about President ...
July 16, 2024
It is adding fuel to the fire no one is on the same page here. It comes at a time we had the spikes in cases that might be overplayed a little bit. With more testing you will get a spike in cases. Far more worrisome what is happening abroad in beijing where they limited number about flights going in and out of the city. A number of chinese Authorities Say they have it under control. When they keep telling you they have it under control you have to say, why do you keep telling me you have it unde...
July 16, 2024
Heres the markets performance this thursday morning. Not paying much attention to those jobless numbers. We are going to be down pretty much across the board. The dow industrials on the down side to the tune of 200. The s p down about 20. The nasdaq, not much of a loss there, down 12 points. Now, ive got some negatives to lay out for you. This may be a negative. Several states report big spikes in virus cases following their reopening. Its the second wave worry. Number two, medical authorities i...
July 16, 2024
Again going to be really warm well into the 90s for many spots, inland. While remaining in the 60s at the coast jace. All right john, thank you now lets get the latest on the coronavirus pandemic or one day after Governor Newsom gave us warning about a spike in covid19 cases we saw the states highest singleday total of cases since this pandemic began with more than 5,000 new cases confirmed yesterday alone and so heres a look at the numbers and where they stand state why we have more than a 191,...
July 16, 2024
On. The s p 500 is still down. 9 . The nasdaq has crawled back to unchanged. The Dow Jones Industrial average, the worst performing index today, 1. 4 down. Click to move in treasuries. 63 basis points on the 10 year. A risk off move today for whatever reason. Of the headlines today is wells fargo, planning to cut thousands of jobs this year. The move may set a precedent for the Banking Industry that has been resisting layoffs. Joining us now is hanna. How many layoffs do we see from the likes of...
July 16, 2024
Actually expanded for the First Time Since february. A little more good news out there. All of this is coming as the Trump Administration implements the 1. 2 trillion trade agreement with mexico, canada, the usmca, and they are working on a new phase of stimulus to help the u. S. Economy recover from the crippling effects of the coronavirus pandemic. And right now, here we go, blake burman, got a chance to talk to President Trump just moments ago in a wideranging interview. They touched on every...
July 16, 2024
Tatatatataoooot a a a futures diintica dngliecec at startffff trtradown 50 po 50 ts 50 nnhehe sdaq a s p downow 28 on8 tus aftertreron rally kikied o o the t t yes yrd y llimee high. Aq t t yetet who tip intoed the Paycheck Protection Programs, Company Including law offices, girl scouts and pf changs and even kanye west. Crime rising in major u. S. Cities, state of georgia declaring National Emergency following week of violence in atlanta. Mornings with maria is live right now. Maria Global Mark...
July 16, 2024
Exports from france and the u. K. In what could become a wider transatlantic trade fight. Just what everyone needed. Correspondent mike mckeen is going to break down those details. You missed it right . Terrace man, he is back. The Trump Administration getting ready for another round of tariffs on the European Union. This time legally permitted by the wto which the administration billion ino 7. 5 tariffs because of illegal subsidies to airbus. The initial round only targeted half of those. Ony p...