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June 21, 2024
Healthy. The european powerhouse posting a mere 2 rise in exports. Irans extreme leader accuses western leaders of, quote, arrogance, after Nuclear Talks fail in vienna. This despite references to a deal will be eventually made. And currency headwinds denting fishers become line. The stocks open in the red after an 11 drop in profits. Youre watching Worldwide Exchange, bringing you Business News from around the globe. And the our top story right now, several buildings and cars in ferguson, misso...
June 21, 2024
Week. Not discussed at all, including today, when the dow opened big. Nasdaq advancing 0. 31 . A lot of that because of apple. Apples endless inexorable rise is a gigantic underpinning of this market and we must never forget that fact. Oh, we may focus on the gyrations of ali baba and marvel at the possibilities of twitter. We may be fascinated how macys rallied. Nevertheless, its apple thats the leader. And that in itself is amazing, given everything we ever thought possible about any one parti...
June 21, 2024
Northeast storms wreaking havoc. Details ahead. First, though, over to sue. Shes here at cnbc hq. As you know its a new trading month, but the volatility continues, and the dow has been both up and down. Triple digits today. You can basically call that flat. In terms of Interest Rates, the yield on the tenyear note right now is 1. 664 . Brent crude firming up a little bit. West texas intermediate is up about 1. We have ice brent up better than 2 on the trading session. Bob pasani is here to flus...
June 21, 2024
Suffered its worst trading session in 15 years. The ruble bounced back at the open this morning, but it has since dropped once again, falling into negative territory against the dollar despite these extremely hard core moves by the russians. Russian stocks selling up again as Oil Continues to decline. Michelle ka reduce sa cabrera will join us with the russian story and why the markets are very worried in just a moment. Headlines out of china grabbing attention this morning. The first flash read...
June 21, 2024
Marcus lamonis will join us on that. And renter nation. How you can trade americas rental boom. First, though, lets go to sue. Shes with us today at hq. Hi ty. It is the last trading day of the month and a volatile day for stocks. The dow down triple digits. Could have been worse, though as you mentioned. If it wasnt for dow member visa. Visa adding as much as 100 points to the dow all by itself. Lets get you caught up on the numbers. The dow is down 109 points on the trading session. S p is las...
June 21, 2024
Tumultuous session. Another month of equities but not just equities that got squeezed. Government bond yields touched record lows new ones and the price of oil surged. Strangely to its biggest oneday gain in two and a half years. With losses accelerating into the close, heres how the major averages ended the day. The dow was down 251 points. Thats its worst month in a year. The nasdaq all fight 48 and the s p lower by 26. Also ending its worst month since last january. For the month, the dow and...
June 21, 2024
Tumultuous session. Another month of equities but not just equities that got squeezed. Government bond yields touched record lows new ones and the price of oil surged. Strangely to its biggest oneday gain in two and a half years. With losses accelerating into the close, heres how the major averages ended the day. The dow was down 251 points. Thats its worst month in a year. The nasdaq all fight 48 and the s p lower by 26. Also ending its worst month since last january. For the month, the dow and...
June 21, 2024
Tumultuous session. Another month of equities but not just equities that got squeezed. Government bond yields touched record lows new ones and the price of oil surged. Strangely to its biggest oneday gain in two and a half years. With losses accelerating into the close, heres how the major averages ended the day. The dow was down 251 points. Thats its worst month in a year. The nasdaq all fight 48 and the s p lower by 26. Also ending its worst month since last january. For the month, the dow and...
June 21, 2024
Some of the biggest Financial Institutions including jp morgan chase, barkleys the royal bank of sc ubs will pay billions for manipulating the Interest Rate markets, one of the least regulated markets in the financial world and one of the largest, about 5 trillion changes hands every day. The traders from different banks didnt act as rivals but rather they worked together to rig the price of u. S. Dollars and euros in a scheme that went on nearly every day for five years through 2012. Eamon jave...
June 21, 2024
Some of the biggest Financial Institutions including jp morgan chase, barkleys the royal bank of sc ubs will pay billions for manipulating the Interest Rate markets, one of the least regulated markets in the financial world and one of the largest, about 5 trillion changes hands every day. The traders from different banks didnt act as rivals but rather they worked together to rig the price of u. S. Dollars and euros in a scheme that went on nearly every day for five years through 2012. Eamon jave...