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CNBC Fast Money Halftime Report July 13, 2024

That is higher today theres been that move into value of late. Money is coming back in as stocks are on pace for their second positive month in a row the dow is on track for its best week since early april josh brown, you can take stock in this for me weve been talking about a rotation we have talked about growth into value. On a day where you have red in a lot of place, ive got apple, amazon, microsoft, facebook and netflix and i got all of them higher today can we end the talk about a rotation...
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BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024

Want to highlight energy. It is at the bottom of the barrel, down 1. 6 . Part of thousand of cyclical trade we saw the beginning of the week on monday. 8 also have oil lower today. I want to stick on oil. Even though it is lower today, it is still up in a massive way on the month. It has gained nearly 80 in may, the best month on record. Supply and demand in the market starts to look more balanced and wti is ending the month around 33 a barrel. David . Waiting to hear from President Trump. We ha...
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CNBC Squawk On The Street July 12, 2024

Talking with andrew about what exactly got washed out yesterday. Hard to say a lot when hertz is up 50 premarket. I mean, look, it is kind of a comedy of errors, no insult to the board. Really there is a Bankruptcy Code and maybe hertz management got permission in the old days when you went bankrupt there would be a little bit of a stump of stock so that you could go and sell it and show the irs that you had taken the full loss carl icahn sold a ton of the stock in the 70s, he sold 38 . I think ...
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FBC Varney Company July 12, 2024

Leave big tech for long. Look at this. Apple is back up by 7. Microsoft, 3. 50. Amazon, thats up 40 bucks. Alphabet up 21. Facebook up nearly five. Solid gains. Got it. All right. Its 6 00 on the west coast and the people of seattle are waking up to a full scale insurrection. I use that word deliberately because thats what it is. The capitol hill district in the city is now known as chaz. That is the capitol hill autonomous zone. Police officers have abandoned their precinct, the anarchists are ...
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FBC Varney Company July 12, 2024

The europeans today. Their central bank will pump trillions into the euro zone economy. Thats called stimulus. Investors like it. So the dow is going to be down maybe 100. S p, 17. The nasdaq, about 26. Thats not a big pullback after yesterdays big gain and this weeks very big gains. Opening up the economy, thats a big deal for investors. This week, many theme parks and vegas casinos will open up again, albeit with limited capacity rules in place. And gms Ceo Mary Barra says auto plants will be ...
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CNBC Squawk On The Street July 12, 2024

Protests and the fallout from joer george floi, but the market and stocks are focused on Economic Activity, period we just keep getting good news its good news off very lowered expectations whether it be cheesecake getting a lot more people than they thought or the airlines this morning. American saying good things. Whether it be ebay pronouncing right now things are better than expected whether you talk a look at a lot of the companies that, you know, morgan stanley, gm, of course this quarter ...
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FBC After The Bell July 12, 2024

The s p 500 and nasdaq did break a threeday winning streak, so closing both lower today. We got data on jobless claims. Really awful. It goes to show you that the wall street recovery since those march lows, up 40 as you just noted, melissa. It is really outpacing main streets recovery. If you look at continuing claims here topping 21 million, it suggests that employers have been slower to hire back furloughed workers. Lets talk about the retailers. It is a particularly painful time for them. Hi...
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CNBC Closing Bell July 12, 2024

Unemployment claims last week, but we are seeing sectors most sensitive to economic reopening. Sharply hire American Airlines rilgt now, trade iing up some 45 wilfred. Its actually pared some of those gains. About 43 . Ahead on todays show, tim ryan has a six step plan outlining his companys pledge to support black lives and it goes well beyond cash donations. Hell join us with his message plus, a key question for millions of newly unemployed americans. What happens when federal stimulus program...
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CNBC Fast Money July 12, 2024

Business and you are looking at the incredible scene at the d casino in las vegas shortly after it reopened at midnight. The casino is absolutely packed and very few people are Wearing Masks and no social distancing lets bring in the journalist who shot this video. Mick akers was it as crowded as it looks in the video yeah, it was. That was taken nine minutes after they opened the doors an let people in so people were ready to fill in pretty quickly there. I wasnt expecting it to be that packed ...
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CNBC Squawk Box July 12, 2024

Good morning im becky quick along with joe kernen and ars there are some red arrows. You have to look at what has been happening over the last week joe mentioned it is up 3. 5 this week alone watch what has happened. The crazy whip saw market picking up again walking you through the dow. Thank for peter for helping me out with this. The record high 25,551 on november 12. Falling to the low on march 23, 18,591 yesterday, june 3, the dow up 41 back to 26,269 the same story with the s p. Looking at...
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