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July 16, 2024
Spread widened out. Thursday in terms of the eu, and theres going to be clashes about whether or not we see joint debt issuance. Vonnie we will speak to maria tadeo about that in just a few minutes. In the u. S. , we are seeing equities dragged lower by oil, down almost 40 at one point, and back there again now. We are trading at 10. 85 for a barrel of wti. It is really insane levels of trading. The contract expires tomorrow. Vix trading at about 40. One stock to point out, united airlines. Obvi...
July 16, 2024
A huge agreement has been reached between the Trump Administration and u. S. Airlines for a bailout package in the billions included in the 2 trillion dollars stimulus package signed on march 27th was about 25000000000 dollars for the Airline Industry but until now the Treasury Department and the airlines had not come to an agreement on exactly how or under what conditions the airlines would receive that money now the greenman which came together late tuesday includes warrants that could lead to...
July 16, 2024
Prices are falling the lowest for oil in two decades and u. S. Futures below 20 per barrel. South koreas ruling party looks for a thumping victory at the polls. Happening right now, President Trump addressing the public outbreak. Take a listen. Because of the virus and the problem. We have to do it. We have to do what we have to do. I think any administration has done near what we had to do. Every week we put up roadblocks whether it is russia or impeachment hoax or whatever it may be, it is alw...
July 16, 2024
70 drop in wti, trading under five dollars a barrel right now and still nobody is buying. That has the s p 500 lower but it is off of its lows, down about half a percent. Lower, thoseso indices are down to present. The dow has actually turned positive, some leadership in tech. The dollar also strengthening. Commodity currencies on the other side of that trade. 0. 7 anadian dollar, weaker. Basisyear yield at 54 points. Moment forfor the the obvious indicators. Abigail doolittle has a deeper dive ...
July 16, 2024
A long political stalemate in israel the Prime Minister signs a deal to form a unity government with the former opponent. We stand with you and we grieve if you. Canadas Prime Minister pays tribute to those who died in the countrys worst mass shooting as the death toll rises to 18. The World Health Organization is warning countries against loosening coronavirus long down restrictions that as governments in europe begin easing social isolation measures germany has reopened some shops and schools ...
July 16, 2024
If you say things are okay, not as great, and youre an industrial, because there will be an opening of america, people will buy you if you say things are in line and you pull your forecast and youre not industrial, its a recipe to be sold. This is about hope its about the idea that it cant be as bad as it is right now. Youll see that even with marginal retailers, people think a marginal retail hear to come back because america is open listen, you have to go with the flow for a couple days if you...
July 16, 2024
And full analysis. The stocks going into it are higher. Futures pointing to gain at the start of tradingment broader looks good. Look at futures. 280 points right out of the gate. S p 500 up 29, better than 1 and nasdaq higher by 115 points, one and a third percent. This after the dow, s p 500 much of the needed money. Lindsey graham right here. Former Vice President joe biden picking up major endorsement from former rival senator Bernie Sanders. Mornings with maria live right now. Maria Global ...
July 16, 2024
U. S. Trading after west texas futures end in negative territory for the first time ever. Ups sees some light at the end of the virus tunnel. The ceo tells us ecommerce is almost thriving compared to traditional sectors. Lets take a look at the oil lets get to sophie kamaruddin, who is taking a look at highlights for us in hong kong. Sophie the relative resiliency of the markets we have seen of late have brought several benchmarks in the region of asia into bull market territory. That will be te...
July 16, 2024
This on top of slight gains yesterday at 4 00 oclock. Markets were up. As you see dow industrials up 33 points and nasdaq up 139. Getting america working once again. President trump announcing plans to reopen the economy in phases. The president went through it yesterday. The Small Business aid program has run dry on capitol hill. The battle is waging on how much money, how much to add to funds to help business and American Workers now. Coronavirus is taking a toll on the chinese economy. It has...
July 16, 2024
Basis as close as we could to try to develop a rescue package that would make sense for the country. We did that with a 2. 2 trillion bill. I will remind everybody there additional pandemic related bills before that. A stunning amount of money, 2. 2 trillion, knowing full well that probably wouldnt be enough. It became clear 12 days ago that the Small Business program was out of money already. The demand was enormous. Senate republicans and the administration felt we should immediately plus that...