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June 25, 2024
It is a slow day because of the cars, brazil, and be a way. Boe. Tom that meeting was supposed to end last evening so forget about that, live right now in brazil their federal senates meeting on the future of president rousseff. That is important. Is 20 hours and counting of live debate. Lets get straight to nejra cecic. President Dilma Rousseff may be within hours of leaving office. The majority of the senate has voted to remain voted in favor of impeachment. Willice president well rise to powe...
June 25, 2024
Tiffanys now kind of hanging in there though. And delta is looking to make those tsa lines shorter this summer. Phil lebeau is live in atlanta with details. And hes going wait on a tsa line for us. Team player. And the one stock in berk shers beneficial she doesnt agree with. Shires beneficial she doesnt agree with. What could it be . Well find it. Steve leisman looks at the improving Economic Data weve seen. And jackie deing angeles is following stuff. And more. Two development that is the mark...
June 25, 2024
Dom chu . As we talk about whats going on overall with the markets, talk about the idea that the investors and traders are perhaps looking at reassessing how these things, risks are setting up. A lot changed in terms of market perceptions. The risks havent really changed. Take a look at our market thermometer to see how investors and traders are gauging the level of severity that particular catalysts could have. A summer Interest Rate hike, yes. Front and center for a lot of traders out there. S...
June 25, 2024
Us. He thinks oil has also bombed. This year hell lay out his case coming up. Also apple giving a nice boost to the dow today. In fact, its the best performer. Its up more than 4 right now after word gout out that Warren Buffetts company. Also Julia Robertson has reduced his stake. Lets start with oil prices rising. Goldman turning bullish. Previously one of the most bearish forecasts over the past year, now saying prices could go to 50 in the next half of the year because of an oil deficit inte...
June 25, 2024
The cac in france up by better than 1 . Ftse higher as well, 0. 7 . Crude oil prices raiding near sevenmonth highs. Check this out up another 1 to 49. 07. Getting back to 50 a barrel. The gains that came yesterday, showed that u. S. Crude stocks dropped by 5. 1 million barrels. Double than what was expected. Well get the eia figures later today. Lets get you to other big stories. St. Louis fed president jim bullard saying june rate hike isnt set in stone. Arguing that labor data suggests its tim...
June 25, 2024
Close to 85 points. Nasdaq up by about 27. Also take a look at treasury yields. Yesterday at one point the 30year hit a record low yield again. The 10year is yielding above where it had been. 1. 458 . Lets take a look at what happened overnight in asia after those strong results here in the United States. It carried out through the night. The hang seng up by 1. 6 . In europe in the early trade markets are stronger there as well. At least most of them. The dax is up 1. 5. The ftse just went sligh...
June 25, 2024
Or tweet me jim cramer. Could there be a better moment than to start thinking longer term . This is the perfect time for you not to be caught up in the law of the brexit vote as an island off the coast of europe, allegedly determines the fate of the western world. Even if the bulls have to be gratified by pulls that suggest the uk will choose to remain. And the s p gained 1. 34 and the nasdaq up 1. 49 . Every time i come out west to the one market headquarters in San Francisco, im reminded of ho...
June 25, 2024
Straighter Peter Neffenger testified before the House Oversight and Government Reform Committee on alleged misconduct at the agency this is about two hours and 45 minutes. [inaudible conversations] the meeting on government and oversight reform will come together. Without objection, we will reconvene at any time. The public comes in regular contact with Transportation Security Administration, we have a fairly new administration who has had a chance to visit with, but it is important as the Overs...
June 25, 2024
The farm Credit System is higher capitalized to the Community Banks are higher capitalized going into this. One of the real fundamental differences is Crop Insurance. In the 1980s probably less than 5 of all crops were injured in the United States. That number is reversed and theres 95 that are. That makes a huge difference not only for our industry but for the producers to ensure that they will be around for the next season. We do thank you for that and it is a very critical part of what we do....
June 25, 2024
Call the Senate Foreign Relations Committee to order. We thank our witnesses for being here, and im looking forward to your testimony. As much of the world concentrates on the isis threat and instability in the middle east, the Committee Takes this opportunity to consider efforts by the United States and other partners to counter extremism in the Subsaharan African area. Longterm development has been the norm across much of africa including here tell you what. Ben, even with large letters i cant...