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June 17, 2024
For a day trader or a guy who wants to be a little bit more nimble. Hes trying to spot a crack, maybe short, pick up some alpha that way. But right now the opportunities are nimble and the opportunities are pretty much just stay long at the moment. And nobody likes to hear that. So the fact that we dont finish positive today means that we are losing momentum here . As far as im concerned, a day like today is as good as an up day, after what we saw coming into this morning, if we saw what we saw ...
June 17, 2024
It is jobs friday, the bulls are betting that this mornings employment report will add fuel to the markets report run. But theres always that risk that the numbers could rerail the rally. We want to talk about this. Plus, cash back. U. S. Companies are showing investors are love with the windfall of dividendes and Share Buybacks. Plus, stress tests. The major banks get a passing grade. I think 18 out of 19 from the Federal Reserve. Still, critics say questions about the health of the Financial S...
June 17, 2024
Put investors in a sour mood. Behind the selling a strong showing in italys elections by groups opposed to economic reform, on top of that, u. S. Equities face a looming friday deadline for massive government budget cuts, known as sequestration. The dow tumbled 216 points, the nasdaq fell nearly 46, and the s p 500 lost 28 points. While theres been much talk of a correction in the stock market, sequestration may not be the catalyst. Suzanne pratt reports. Reporter it is widely accepted on wall s...
June 17, 2024
Todays top story, theres only one. The dow rallied more than 300 points in the last two sez sessions. The blue chip index is now within 89 points of its alltime record rose. Europe is seeing a lot of green in early action, as well, on thursday. February 28th, 2013, squawk box begins right now. Welcome to squawk box here on cnbc. Im becky quick along with joe kernen and Andrew Ross Sorkin. Our guest host this hour is sentinel president and ceo christian swake. Good morning. Thank you for being he...
June 17, 2024
Captioning sponsored by wpbt this is n. B. R. Susie good evening everyone. Im susie gharib. Worries about political gridlock, in italy and in washington, cause investors to dump stocks. Its the worst day for wall street since the november elections. Tom im tom hudson. With 85 billion in federal spending cuts just days away, we talk with congresswoman Cathy Mcmorris rodgers. Susie and the man who founded barnes and noble wants to buy his bookstores back, but he has no interest in the companys ele...
June 17, 2024
Profits in 2013. Weve seen First Quarter Earnings Growth expectations shrink to just a little over 0 from expectations of 3 or 4 . So, its almost as if for every percentage point companies were beating Fourth Quarter numbers analysts were cutting the First Quarter numbers by a similar amount. Reporter so even if sequestration doesnt kill the stock market rally. It could certainly amplify a correction that may have already gotten started. Suzanne pratt, n. B. R. , new york. Tom as suzanne mention...
June 17, 2024
Behind the selling a strong showing in italys elections by groups opposed to economic reform, on top of that, u. S. Equities face a looming friday deadline for massive government budget cuts, known as sequestration. The dow tumbled 216 points, the nasdaq fell nearly 46, and the s p 500 lost 28 points. While theres been much talk of a correction in the stock market, sequestration may not be the catalyst. Suzanne pratt reports. Reporter it is widely accepted on wall street that sequestration is co...
June 17, 2024
Profits in 2013. Weve seen First Quarter Earnings Growth expectations shrink to just a little over 0 from expectations of 3 or 4 . So, its almost as if for every percentage point companies were beating Fourth Quarter numbers analysts were cutting the First Quarter numbers by a similar amount. Reporter so even if sequestration doesnt kill the stock market rally. It could certainly amplify a correction that may have already gotten started. Suzanne pratt, n. B. R. , new york. Tom as suzanne mention...
June 17, 2024
Welcome back to squawk. We have odd breaking news this morning. We reported earlier today that home depot and excuse me, office max and office depot were merging. Theyve taken that press release back. Apparently the negotiations are still ongoing. This according to dealbook. Well find out more throughout the day. Thats where things stand as we speak. Robert wolf has been our guest host. Thank you for being here. Its been a lot of fun today. Well see all of you tomorrow. Join us tomorrow. Squawk ...
June 17, 2024
We are back. Mountain dew just releasing its breakfast drink. Why do you like it . Return fund i own it. Up 19 last year. Its a little pricey, but there are smart guys that go to cash when they need to n morgan . Thumbs up. This is a great option. But the holdings can be volatile. You like james smocker . I do. They had a Solid Earnings report. Analysts have been upgrading. Like smocker . I do. And conagra and campbell. Thats it for forbes. Keep it right here. Cashin in starting right now any wo...