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CNBC Power Lunch July 13, 2024

Welcome everybody. Our breaking News Coverage of the market continues now welcome once again to my kitchen. Big rally to end the week on wall street. The dow up about 400 points right now on reports that coronavirus patients are responding positively to a gilead drug. Its tale of two dow stocks today. Boeing surging as it gets ready to resume airplane production in Washington State apple is sinking as Goldman Sachs says the stock could fall as much as 20 on lesser iphone sales. Crude getting cru...
New York United States New Jersey Saudi Arabia Paul Krugman Larry Adams

BLOOMBERG Bloomberg Daybreak Australia July 13, 2024

Depression. While big0 jumping, tech the nasdaq forward. , butwarnings about growth despite the doom and gloom, australia is back in the market. We are seeing futures look like this. U. S. Futures unchanged. This is after some stocks climbing on signs of the outbreak easing. We had a cloudy picture when it came to corporate earnings. Big gains from tech giants. Aftergan and wells fargo profits hit by major provisions. The nasdaq gained almost 4 . Take a look at oil, now rebounding from a plunge ...
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FBC WSJ At Large With Gerry Baker July 13, 2024

Leveson, jack howe. Ben, we saw stunningly horrible economic numbers last week, really unbelievable, but the market actually was higher on the week. What is happening . Yeah. I mean, this data was just terrible. Retail sale, industrial production, empire state manufacturing, you name it, it was probably the worst ever on record. Unemployment, the jobless claims continued to rise another 5 Million People lost their jobs. I mean, its just bad. But we knew it was going to be bad, and theres also tw...
Liz Ann Eli Lilly Jack Howe Ben Jack Howe Jim Hackett Sheila Bair

CNBC Fast Money Halftime Report July 13, 2024

Brown, pete nigerian on the phone, erin browne. First, lets check out the markets to see where we stand this hour as the busiest week of earnings season starts to ramp up the dow up just 28 points. Nearly 400 point gains the s p just marginally to the downside the nasdaq up nearly one full percent at this point. 8657 there a key focus for many traders up about 1. 25 at this stage its great to see you i guess i would start by saying the s p 500 is now down 11 year to date. The recovery has not be...
New York United States Kelly Evans Josh Brown Erin Brown Los Angeles

BLOOMBERG Bloomberg Daybreak Americas July 13, 2024

Weaker as you have no agreement over finance chiefs on what to do over the crisis. Russia doesnt think a 2 million barrel a day cut is enough to get anyone to the table. In the bond market, 17 billion worth of supply coming online at about 1 00 today. It is time for todays market moving news from our london and new york offices. European Union Finance ministers now failing to reach a deal on a unified strategy combat the economic damage of the coronavirus. Germanys finance minister olaf scholz d...
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BLOOMBERG Bloomberg Markets Americas July 13, 2024

Steer the countrys recovery. On markets. Check the s p 500 up 1. 8 , being led by the energy index, even as oil reaches for a 17 and all. Handle. The dollar index close to 100 again, 99. 77. Lets get to Abigail Doolittle for a deeper dive into the markets. Abigail stop gains on the days certainly stand out, possibility of the reopening guidelines from president trump. But what stands out more on the declines in crude oil. Here is an intraday chart, down 7 , down much more before. This is the fir...
New York United States United Kingdom City Of Bnn Bloomberg Bloomberg Amanda

FBC Barrons Roundtable July 13, 2024

Ben, i want to start with you. We got a glimmer of hope as we see maybe social distancing is actual working, the growth of coronavirus cases is slowing. We also, of course, had unprecedented moved by the moves by the federal reserve. So tell us what you see in the market. Its got everything that it could have wanted this week. It got the good news, the illness appears to be slowing and then the fed coming in with this massive package where its going to buy highyield bonds and muni bonds to make ...
New York United States Ryan Hedrick Bob Iger Jack Howe Jack Howe Ben

FBC Barrons Roundtable July 13, 2024

Ben, i want to start with you. We got a glimmer of hope as we see maybe social distancing is actual working, the growth of coronavirus cases is slowing. We also, of course, had unprecedented moved by the moves by the federal reserve. So tell us what you see in the market. Its got everything that it could have wanted this week. It got the good news, the illness appears to be slowing and then the fed coming in with this massive package where its going to buy highyield bonds and muni bonds to make ...
New York United States Ryan Hedrick Bob Iger Jack Howe Jack Howe Ben

FBC Barrons Roundtable July 13, 2024

Leveson, jack howe. Ben, we saw stunningly horrible economic numbers last week, really unbelievable, but the market actually was higher on the week. What is happening . Yeah. I mean, this data was just terrible. Retail sale, industrial production, empire state manufacturing, you name it, it was probably the worst ever on record. Unemployment, the jobless claims continued to rise another 5 Million People lost their jobs. I mean, its just bad. But we knew it was going to be bad, and theres also tw...
New York United States Liz Ann Eli Lilly Jack Howe Ben Jack Howe

CNBC Power Lunch July 13, 2024

Last weeks big rally with saudi arabia and russia feud over cuts the oil market taking a hit today. We do have full Team Coverage of these markets for you. Bob and rick covering the action in stocks and bonds. Steve on the latest economic fall out from the virus. Bob, well kick it off with you and this rally that just keeps building it started early on we got right up great overseas numbers. When Governor Cuomo started talking a couple of hours ago, we moved up on his comments on hopes for plate...
New York United States Saudi Arabia Kate Rogers Los Angeles Freddy Mac

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