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CNBC Squawk Box July 13, 2024

Days, weve seen the dow up over 1,000 points a gain of 553 yesterday and 529 points on tuesday. Looking this morning at the dow futures indicated up another 105 points we are back above 25,000 for the First Time Since march when watching the dow s p is up just under a point the nasdaq down around 54 points both of those indexed were hire yesterday as well. The 10year looks like it has been yielding around where weve been around 0. 677 we will continue to watch this this morning we have a lot of ...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Jobs report and the satisfaction. To be honest, 5 00, 6 00, 7 00 was extraordinary and there was a sense of maybe things will be calm or by 10 00 p. M. Calmer. Francine i know it is just ordinary for a foreigner to see the scenes on the street. The focus now is on what this means for the prospect of President Trump being reelected and what it means for social equality going forward. I know we have a lot to talk about and we will talk about that shortly. Havens, a huge risk on the markets. Be did...
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BLOOMBERG Bloomberg Daybreak Americas July 13, 2024

Number for the company. Quarterly sales were down 43 year on year. The stock is pretty much flat, though. The bad news now, just how bad would let actually be . Sales roseommerce about 74 . They still need people to come into the store to really make a lot of money. Their comp sales were up by over 10 , if you backout fuel. Clearly a lot of stocking up. Clearly good for walmart. Kohls suspended its Share Buyback program. That stock now off by about 1 in the premarket. Overall, no doubt we are ob...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Home, stillg at sequestered within this pandemic. The new slow extraordinary. As you just heard from the president and from Vice President biden, clearly political. We will touch on that in a moment. Will joins levkovich us of citigroup on these extraordinary markets. We can talk about the politics of the moment, the relative calm of last night, but i think ive got to go to the clarion call in 15 minutes of the first of the may labor reports, the adp report. How do you link this wednesday report...
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BLOOMBERG Bloomberg Daybreak Europe July 13, 2024

And twitter adds a fact check donaldor u. S. President trump for the first time. He accuses the media giant of stifling free speech. Manus just on 6 00 a. M. In london. I dont have a big enough following for a fact check. Good morning. Economic risk, Political Risk, and earnings risk. Right now, the markets are ignoring Political Risk, whether they are right or wrong, but they are certainly focused on economic risk. Jamie dimon embolden us with his comments of a fairly rapid economic recovery. H...
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CNBC Options Action July 12, 2024

Closing out may in the green with the s p 500 now up more than 38 from its march lows but take a look at the small caps. Despite seeing a boost the group is still lagging carter says theres more trouble brewing for this beaten down sector carter what, are the charts telling you . I mean the issue here, of course, small caps have lagged for such a long time and they are very heavily weighted to financials but lets look at one of four slides the first shows you iwm and well defined lows from which...
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CNBC Closing Bell July 12, 2024

Jobs falling by almost 3 million but much less than what economists were expecting. Coming up on todays show, as more companies address the rising tensions in america, well seek with ursula burns, the first black ceo of a fortune 500 company, about how Business Leaders can work for real equality and change. Well Talk Solutions with her. Plus the ceo of etsy will join us to talk about what his company is doing to address societal issues and how the coronavirus has changed his business the big sto...
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CNBC Worldwide Exchange July 12, 2024

Slumping good news, live sports making come backs nba laying out a plan and indy car. Well speak with the man in charge on this friday, june 5, this is Worldwide Exchange here on cnbc good friday morning. Cheers welcome from wherever you may be watching thank you for ending your week here despite all going on in america and around the world, investors continue to put their money into our stock market it has been an incredible week futures are soaring right now. Dow futures are up 327 nasdaq 100 ...
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CNBC Closing Bell July 13, 2024

Despite strong sales during the shutdown, especially from walmart. And times of trouble in the Housing Market u. S. Home building dropped by the most ever in april a lot of talk of a bottom has those housing stocks up as well today. Absolutely. But as you said, the Broader Markets near the session lows. Coming up on todays who, well speak with Eric Rosengren on the back of that congressional testimony from chair powell and secretary mnuchin. Well get his read on the economy and whether weve reac...
New York United States Janet Yellen Johnson A Taylor Morrison Josh Lipton

BLOOMBERG Bloomberg Surveillance July 13, 2024

Rally and 30 points on the s p 500. There arent many things that story thanter the market rally in. Lisa you said it before, fiscal support, more fiscal support, lower rates. This is what is driving it. I wonder at what point fundamentals catchup because we are not seeing the Economic Data to justify this, and yet, people are looking forward to data they are expecting as we see reopening start to take hold. Clearly, what we see in the next few months is common sense sense, an economy that goes f...
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