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July 16, 2024
States. President trump says masks are good but will not accept that they should be law trade newesters detained under security rules. Citizenship. Offer u. S. Futures are opening flat. Duringa mixed session the regular trading day. Gained, but the dow underperformed. We have positive sentiment coming from vaccine manufacturers. Optimism is a little bit offset by the surging virus cases. Eight of the 11 sectors closed higher. Composite ended at a record high. Oil, it of pressure on is down below...
July 16, 2024
And companies its due to the should be and i think as a result the world is missing out high cost of living. On a lot of innovation, a lot of great products for a lot of with all of the talk about leaving the bay area i thought it might be refreshing, just nice to hear from someone who is great market opportunities. And now is the time to wake up bringing her company into the and move that arc of history bay area. Min chen is a double immigrant, toward justice again. Lets leave it there with imm...
July 16, 2024
Good morning, everybody. Welcome to squawk box on cnbc. Im becky quick with joe kernen and Andrew Ross Sorkin well start with the markets after the dow fell for the first time in four sessions. Airlines, cruz and retailers all fell during yesterday sessions those have been the volatile stocks if you look at u. S. Equity futures this morning, youll see green arrows the dow indicated up by 28 points nasdaq up by 24 and s p up 4. 5 yesterday, the dow was down 170. During the course of the morning, ...
July 16, 2024
That russia was paying to have theres, like, a couple of bags. U. S. Troops killed are those feathers the president was never briefed on this. You guessed reporter where are they this intelligence still has not from theyre chicken feathers. Been verified. But the president s rivals they come from those pillows and mel sits there and one day goes whats that seize the opening. If he was briefed and nothing and its a feather sticking. Was done about this, thats a dereliction of duty. What did the w...
July 16, 2024
Programs and committees as well. We will take you live to the financialal services subcommittee. The subcommittee is now in order. Without objection, the chair is authorized to declare recess from the subcommittee at any time. Members of the full committee not on this subcommittee are authorized twopart is abated todays hearing. I remind you to keep your video function on at all times, even when not recognized by the chair. Numbers are recognized recommended not to mute themselves after they are...
July 16, 2024
Turning lower. The virus setting new records across the u. S. Californias hospitalizations jumping to a new high. Rates of new cases also hitting new levels. I want to bring in kailey leinz, who has been all over the Market Action today. We were hitting a lot highs yesterday but the selloff seeming to accelerate in the final hours of trading. Snapping eight five day winning streak on the s p 500, as we approach the close today. It seemed to be a story of tech outperformance throughout much of th...
July 16, 2024
On a visit saturday to Walter Reed Military Medical Center more on that in a moment. Thermometers and face masks. In the past weeks, more than i thought this was going to terrify him and he wouldnt want to go back to school. Reporter their 4yearold ady was just fine. I was apoplectic. 400,000 people have krasktcontrd him not bothered. Reporter they didnt send coronavirus. Their eldest back. Looking to the fall its wait refrigerator trucks have been and see. Called in to use as morgues, kids cant...
July 16, 2024
Somebody to sell if you go back to our march survey, what we saw was that the level of bullishness on the stock market was one of the highest readings we had in the history of our survey. That told us things were scary in terms of fundamentalings and news flow. They sort of knew inherently this was that point in time was the right time to buy the market they stepped in to help contribute to the rally. Now what we see its not that everybody is bearish the bearishness is starting to pick up where ...
July 16, 2024
Continues to spread in the u. S. , these hotspots, all of it being pressured by the bloomberg dollar index. Does not feel like a huge haven bid, but the fact that you do have the dollar higher can create a sense of risk off for the risk assets. That is what we are seeing. A little bit of a catch up to reality. Investors not climbing that wall of worry at falling off it to some degree. David and of course we have the numbers out of florida, which were alarming. There was really an uptick. Then we...
July 16, 2024
Five day winning streak. Dom chu has more. And it has been the outperformer the nasdaq again up about onethird of 1 , so well off the lows of the session so far all those lows by the way, the dow industrials down roughly 271 points and weve gained back a lot of ground, but a lot of waiting and seeing with the s p just about flat. Lets take a look at some of the sector movements since the covid lows that we saw back in march over the last three months, the real standouts have been energy, up abou...