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CNBC Closing Bell July 13, 2024

Measures fail to emerge. On the monetary side, the bank of england, becomes the latest to cut rates treasury yields hovering around 80 basis points. Full Team Coverage of todays market plunge. Mike san tolly is with us and meg on the latest on the coronavirus. But well begin with breaking news out of washington major Bank Executives meet with the president today. Well get to wolf at the white house. Reporter the president and the Vice President and the treasury secretary currently hosting in the...
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BLOOMBERG Bloomberg Markets Americas July 13, 2024

Increased spending for italys health care sector, and moves to extraordinary layouts. Damage from the virus to the Nations Companies will be serious and widespread. A top olympic official says there is no way to cancel the Olympic Games in tokyo. As of now, they are set to begin in japan as scheduled. Official said a decision would be made at the end of a. May. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countri...
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FBC The Claman Countdown July 13, 2024

This number, down 664 points, for a loss of about 8. 5 . Crude oil at the moment, it has been vicious and quite a violent downside move, even after the ones last week that were very ugly. We see crude oil setting at 28. 70 but in the aftermarket, we are just above 29. Call it straddle. We are right at 29 a barrel. We have major developments this afternoon putting even heavier pressure on the markets. Canada moves to close its borders and the nations airlines are seeking up to 50 billion in aid t...
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BLOOMBERG Bloomberg Markets July 13, 2024

Americans, its bad. The infection adds to the oil slump. Shery lets get you started with a quick check of the markets. We were seeing earlier losses gaining three tents of 1 , but its still early in trading coming off the worst day again since 1987 and losses accelerating and falling to session lows. President trump talked about economic disruption lasting well into the summer. The dow now falling to the lowest level in two years. Losse talking about a 30 since the peak in february. We are seein...
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CNBC Squawk On The Street July 13, 2024

Guys, that interview with barry right now makes you feel better. Gives you hope i think its important to he hear, are stocks cheap yes. Is the system working . Yes. Is the opportunity going to be great if the countrys locked down no so whats important is to find out where the country is fiscally thats why its important to speak to the treasury secretary. Yeah. The concerns that we had yesterday continue to be the concerns we have today, which is about businesses forced to potentially suffer sign...
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BLOOMBERG Bloomberg Daybreak Europe July 13, 2024

Joint action. Saudi arabia wants producers to agree on additional cuts of one Million Barrels per day. Nejra what a wipe out on wall street. We will get to that in a moment, but first, breaking headlines coming through. We are still in earnings season. Basf sees significant first half Coronavirus Impacts on the Global Economy, and it sees 2020 point 2 ebit of four billion euros to 4. 8 billion euros versus 4. 5 billion euros in 2018. Those are the two red headlines. They are saying they do not e...
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CNBC Squawk Alley July 13, 2024

To not make haste good friday morning welcome to squawk alley. Im Carl Quintanilla with jon fortt. Morgan brennan heads our coverage at headquarters bulls trying to hold the bounce after the worst day for stocks since 1987 the five Big Tech Companies apple, facebook, alphabet, amazon and microsoft lost more than 400 billion in value on thursday the treasury secretary Steven Mnuchin joined us this morning on squawk on the street. Take a listen. The president is looking at a major stimulus package...
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CNBC Squawk On The Street July 13, 2024

Commentatoentary the last 24 hos whether its acumen and dalio on one side you point is, no revelation 6 8. Why are we not believing in science . You have been pretty consistent on that. What happens today if the fda approved a drug . What happens if they do that do we then start thinking about, geez, how much pain it will be if we print all these dollars. How about if it is approved and we say, you know what, im really worried about boeing. I mentioned that because its front and center, but im l...
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CNBC Fast Money Halftime Report July 13, 2024

Important information. Its important for every american to remember that if you dont have symptoms, you dont need to get a test we want to make sure that Testing Available for people that are experiencing symptoms or have a genuine concern about being exposed to someone with the coronavirus. Dr. Burkes will address county level data and the progress we made on testing. Americans can expect to see how an increases number of cases should not be a cause of concern. Shell explain the importance of t...
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CNBC Power Lunch July 13, 2024

Points right now down more than 900 following yesterdays huge lerelief rally and that fear bleegd into the bond market. The ten year yield hitting a fresh record low breaking below 0. 9 . Thats a staggering move right now, at 0. 928, but it was lower than that earlier, we now have about 177 cases of coronavirus in the United States as the cdc begins to roll out more testing across the country. Washington state dealing with the largest outbreak so far. Cases doubling in new york well tell you how...
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