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CNBC Fast July 4, 2024

Competition in the space. A weight loss drug promising competition for big players. Could it mean an acquisition is in the future. We will dive into it. Im melissa. Tim see more, Courtney Garcia and guy awe daumie. The nasdaq jumping more than a percent, notching the first record intraday high since before thanksgiving 2021. The techheavy index closing below 16,300. The s p also marking alltime highs putting in its 15th record close since january 1st, but there have been one notable name sitting...
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CNBC Closing July 4, 2024

Numbers and, of course, the payroll report tomorrow, which leads us to our talk of the tape we ask how results from apple and amazon right after the close of trading might drive the tape from here. Here to discuss all that is stephanie link, and malcolm etheridge, both are cnbc contributors both are here at post nine as well welcome. Hi. Steph, obviously, look, apple and amazon together more than 10 of the s p they matter for the index how the market reacts to the numbers. In general, in the con...
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CNBC Fast July 4, 2024

Highest level since july 10th. A new month for stocks take a look at how the dow historically does in august. On average the best performing month of the year, after 86 all that changes and august is now the worst month of the dow an underperformer for almost the last 30 years. That sets us up for the first trading day of august, stephanie. What do you think . Are we in for a decline in the markets based on historicals or Something Else that could keep the rally going . Weve come a long way in y...
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CNBC Closing July 4, 2024

Alphabet suffering from its botched day, launch tesla falling sharply into today, almost 7 to the downside. Interest rates are attach higher today as the atlanta fed president warns it in an essay today, cutting rates too soon and cutting off potentially a new level of euphoria in financial markets. All of this takes us to the top of the tape, the key market watchers say in the middle innings of this resilience and relentless bull market. Lets ask adam what he thinks, the ceo of trivariate resea...
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FBC Making July 4, 2024

Jackie neil broke it. Charles always blame neil. Good afternoon, everyone, im charles payne, this is making money. Breaking right now wall street itself has been jumping on the rally bandwagon and looking at the screen you have got to ask is it for the wrong time and for the wrong reason . Ed yardeni was ahead of all of them. I want to find out what he is thinking now. A once bankrupt retailer has not only come back from the dead it has outpaced nvidia. Give you one guess without cheating what c...
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CNBC Fast July 4, 2024

Pun unfortunately intended. Yes. And bitcoins record and retreat. Targets big pop, and generative a. I. To the insurance business. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, dan nathan, guy adami, and julie beal. Apple dropping 2. 8 today. They are down 14 from the record high hitless less than months ago. They have lost 450 billion in market cap. The latest catalyst weighing in on the stock, a report that found iphone sales in china plunged ...
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BLOOMBERG Bloomberg July 4, 2024

Katie welcome to Bloomberg Markets and it is a down day for markets, at least if you are looking at equities because the s p 500 off. 5 which does not seem to bad and the nasdaq is down by over 1 . There is some green to be found and no surprise it is in the cryptocurrency space. Bitcoin continuing to surge higher up about 2 at the moment. We are on watch for the alltime high, maybe today is the day. We have some breaking ism data for michael mckee. Michael this is not good news for those lookin...
Bloomberg Markets Good News Growth Scenario Ism Services Services Index Services Index Falls

FBC Making July 4, 2024

Tension is thick, you can feel it, but the bias is squarely to the upside, and you do not want to miss this. Heres the thing, remember when wall street was completely certain that there were going to be the six or seven rate cuts this year . Thats what sparked this rally. No one major economist now one major economist is saying zero cuts this year, can you imagine that . Here is the thing, we want to know the true state of if economy. Daniellety mar tea know booth, dana peterson, steve moore all...
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CNBC Closing July 4, 2024

Tom, great to have you as always thanks for the time today. Great to see you, carl. I know youve been leery of the month of august in general did this mornings early tone do anything to change that . Yes and no. I think there are some constructive things that happened today that make myself and mark, head of technical strategy, think were actually in a bottoming, possibly for the month of august. The dollar reverse,ed sharply, and yields turned down, and as you know, both would be pretty big hea...
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BLOOMBERG Bloomberg July 4, 2024

This morning, good morning. This is bloomberg surveillance on tv and radio. All about the bond market out there allowing the u. S. Downgrade. Some half decent jobs data and the treasury announcing a ton of supply. Yields of every single day this week. This could the board of if we can on the bond market. 10year u. K. , japan, and germany. Higher by six basis points. I wouldnt call it dramatic. Lisa it is not dramatic, the slow bleed upward has gotten new focus as we reached levels that we havent...
Bond Market Single Day Basis Points Bank England Richie Sunak Just Trust

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