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June 24, 2024
Republican race for the white house. Nevada has their nominating contest today. Host thank you for being with us. People have another night of uncertainty with a judge delaying giving a decision to allow authorities to demolish part of the camp. The deadline has been pushed back after a judge visited the site. In the meantime, the limbo continues and many are determined to cross the channel to the united kingdom. Claire williams reports. These shipping containers have been transformed into housi...
June 24, 2024
Relatively steady. A two of janet yellen reaction in what were right widely reviewed before the Economic Club of new york, which she emphasized would be cautious and measured in raising interest rates. Especially in large cast, we are taking a look at 3m, ubs raised 190 based ont, what analysts see as product innovation. Shares are rising as well trading on a record today. A big year thus far. After they were upgraded, they say apple is undervalued in a large cap tech peers. Financials, one of t...
June 24, 2024
This morning in the market. Julie it has held on pretty steadily. Amazing that we are seeing this gain in the face of that failure of the doha talks coming to any kind of freeze agreement. The major averages are hanging onto their highs of the day. The dow and s p have been stronger today. 500 in oilat the s p today. That has been the story of the day. You have the s p in white, rising to the highs of the session. Oil prices have come way back are meant almost 7 decline initially on that news. W...
June 24, 2024
Have given us data that were supposed to be looking at. Were supposed to interpret that data and figure out if theyre going to raise or not. They told us were going to raise at least three or four times. You dont see the three or four rate hikes. It doesnt seem like a possibility right now and is the data changing in front of us right now because we have no idea. It seems like they hit the various data points. Job gains, joe continue, Unemployment Rate at 4. 9 and yet were still near zero Intere...
June 24, 2024
To turn a wisconsin win into momentum . Well ask Katrina Pierson how mr. Trump is handling this bumpy week on the trail . What happened behind closed doors during the rnc meeting and why is trump m. I. A. On the trail today. The anaconda ad, ted cruz supporter and former reporter on that ad and the lyin ted pileon and how the snake goes around the neck. The Nuclear Summit with more than 50 World Leaders, wait until you hear how he describes the Iran Nuclear Deal today. Likes the jobs report, the...
June 23, 2024
A new potential revenue stream for twitter. The Company Announcing a new video ard strategy, looks very similar to you tubes. We will discuss whether this could help turn the struggling social network around coming up. Elon musk has harsh words for apple, calling it the tesla graveyard. Yes, his words. Fourown grades for his company this week, is musz k getting scared of increasing competition . We will discuss. Tough week for tesla and elon musk. Lets start with the big moves. Weve been seeing ...
June 23, 2024
Thanks very much. We have a puzzle here. I have the rapid update of gdp in the Fourth Quarter but the data which leads to a downgrade also makes economists optimistic. Here is the data. Q4 tracking 2 . That is down 0. 3 because of the data this morning. Q3 gdp 2. 1 . Thats tracking right now. Here is the Fourth Quarter outlook. Bank of tokyo mitsubishi at the high end at 2. 8 . Goldman sachs, barclays at 2 . Atlanta fed gdp, 1. 8 . Morgan stanley at 0. 9 . Here is the data that brought down the ...
June 23, 2024
U. S. Regulators open investigations into junk bond liquidation on rumors some investors knew what was coming. Good morning, everyone. We are looking at markets that are higher. Ftse 100 up by 1. 4 . Rebounding after yesterdays losses. The cac 40 also up by 2 . Were seeing a little bit of stabilization in oil prices but also a little bit of Company Specific news. Also i want to show you whats going on with the euro dollar because were seeing the euro dollar at a 7 week high. 11030 crucially abov...
June 22, 2024
Correspondent Steve Liesman will go through the recent statements from med members and say what it all adds up to concerning the september 17 decision now just seven trading days away. Mandy is live at the New York Stock Exchange with mary thompson. Mandy, i said im going to let this thing grow until the market turns around, so its got about three hours left. Is that why they turned off the lights so you could come out and big reveal, the big spot light on the hair . Love it. Looks great. All ri...
June 22, 2024
The gate but thats pretty much where it ende and the rally started fading after the release of a strong government report on the labor market. So sfrong some say it could prompt the Federal Reserve to raise Interest Rates in nearly a decade. They meet next week. Combine that with the continued uncertainty in the market and stocks fell and fell even hard entire the close. By the end of the trading day, the Dow Jones Industrial average dropped 239 points to 16,253. All 30 dow come opponents finish...