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FBC Varney Company July 13, 2024

Time to lessen the economic pain, which we are clearly suffering. Meanwhile, fox news has blown the lid off the china virus story. Reliable sources suggest the virus began at a virology lab in wuhan, china. Patient zero, the first person to get it, was a lab worker who went out into the city and spread the virus from there. Now, the chinese authorities covered it up. They delayed action. They altered data and suppressed doctors and journalists who reported the truth. The story is an indictment o...
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BLOOMBERG Bloomberg Surveillance July 13, 2024

Economically but really to the health crisis. Is norancine, there question about the extension of the virus. The cases of the virus are rolling over, but i will tell you, if you look at it graphically, it is ever so slight. The dawning awareness here in the pandemic in the last when he four hours is a primal scream for testing. In the last 24 hours is a primal scream for testing. There is a new awareness that Going Forward we need testing, and that is not so much to get people back to work but t...
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CNBC Power Lunch July 13, 2024

Arabia and anybody else involved energy has been the big mover here today its remarkable to me. I want to point out apache at 4 it was a 60 stock a few years ago. Yet people are still buying it it always amazes me. Continue n contin continental. Restaurant, weak today a breaker came out and suspended its guidance unably all the stocks in that space. The red robins, papa johns, wendys d wendys, dominos are all down 5, 6, 7, 8 partly for the same reason, kim kimco came out and suspended guidance a...
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BLOOMBERG Bloomberg Daybreak Americas July 13, 2024

Call it. Netflix yesterday closing at an alltime record high. Oil a little higher as well, but still around an 18 year low. Still brutal for the market. Just checking in one more time they comec had before out. Time now for bloomberg first take. Here to discuss from our inhouse team of wall street veterans and insiders, michael mckee, and Damian Sassower. Mike, we know that jobless claims are going to be bad. We dont know how bad. I think the question is, how do markets actually respond to this,...
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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 ...
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CNBC Closing Bell July 13, 2024

Are moving slowly. Were down 1. 5 on the s p with one, two, three four sectors down more than 3 as we stand. Coming up on todays show, a rare and exclusive interview with the apollo manager and ceo, leon black well get his tack on this volatile market. Plus the big push with air mark to support new York Health Care workers. Well also speak with germanys minister of health as that country grapples with when and how to reopen its economy. A a better performer in a relative sense with handling the ...
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RT Boom Bust July 13, 2024

Health Organization Officials addressed monday. Wind cold 19 accelerates very finest decelerates might move slowly in other words the way down is march. On the way up that to means control measures must be lifted too early and weve gone through him. It cannot own act once in spain which has been one of the hardest hit countries by the virus has started to loosen its lockdown as the curve inside borders begins to flag construction manufacturing businesses within the nation are starting to return ...
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CNBC Fast Money Halftime Report July 13, 2024

Its nearly 4 s p above 2500 thats a loss of 3. 5 . Thats the same loss for the nasdaq theres the russell 2000 which has been a big winner down by more than 4 i want to begin with breaking news regarding General Motors. A significant story is developing as we are learning that new york deaths have topped 500 and the tremendous need that the governor of the state of new york has said remains four ventilators. The president tweeting just moments ago about General Motors a couple of tweets i want to...
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CNBC Fast Money July 13, 2024

Falling 973 point, but the real damage was done in the small caps which got a lot smaller today. The small cap indexes, you name it, you can throw a dart and hit one, it was down 7 to 8 . Small caps on concern of the domestic economy taking it on the chin you also have to look at the big banks. Big bank stocks also in the red. You heard the gang before just talking about it and also focus on boeing. Boeing losing another 12 today. Another very difficult day for boeing and the airlines in general...
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CNBC Fast Money July 13, 2024

To get into longterm investments and later on, a staggering stat that youve got to hear around netflix that stock continues to be bought as we all binge watch tv. We are going to get to all of that, but weve got to get to breaking news that is important on the virus, and it is also moving the market after hours. Gilead sciences shares they are surging on some very promising drug news. Lets get right now to meg tirrell with more on this big story. Meg . Hi, brian this is breaking news from stat n...
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