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July 16, 2024
The s p 500 is up. 75 . Stoxx europe is up 1. 72 , the car and the Banking Sector doing well. The dollar is also up, or if paying attention to. And you are seeing higher bond markets. We had a very strong payroll number. The Market Reaction, Oil Initially positive, its certainly beginning to fade and beginning to feel a little more riskoff. Certainly did 20 minutes or half hour ago. Alix lets update the numbers. Let change in nonfarm payrolls 8 million overall. You also had revisions up for the ...
July 16, 2024
Of that. And in terms of the month on month number we are looking at a 16 jump. So a decent recovery in the Housing Market. It is starting to show signs of life again. We will talk more detail about what is happening in the Housing Market, in terms of construction in the united states, all in a moment. Alix the Richmond Fed Manufacturing index at zero. Could not imagine a world where that would be good news. Coming up onlking what is happening in the Trump Administration and how the markets need...
July 16, 2024
Confirmation vote expected on that nomination. Also this week, debate and votes on Police Reform legislation introduced by South Carolina republican senator tim scott. The president pro tempore the senate will come to order. The chaplain, dr. Black, will open the senate with prayer. The chaplain let us pray. O god our shield, look with favor upon our senators today. Guide them around the obstacles that hinder their progress, uniting them for the common good of this great land. Free them from anx...
July 16, 2024
Minutes to add to it. Senator feinstein, senator booker, senator harris, if you would like to make Opening Statements. Is that ok . We have some people who will do some introducing to the panel. I have a short video that is tough to watch and i talked to senator booker about it the first couple minutes, but it ends up on a very positive note and we will see if we can go from really hard to watch to something that is a little bit more acceptable to the country. If you could roll the video. Is it ...
July 16, 2024
The past few months ive been among the most wrenching and tumultuous in recent memory. The deaths ofgeorge floyd , Breanna Taylor and Ahmad Marbury as well as the pandemic have forced our country to reckon with not only decade of long failure to perform our Police Departments and prevent unwarranted brutality against black americans , but alsothe centuries long struggle against racial injustice. Here in congress, democrats have sought to turn the anger and frustration and yes, sometimes despair ...
July 16, 2024
With neding to do that davis, chief u. S. Strategist. Panic, correlation started to break down. Are you looking at correlations as you start to look at u. S. Equity . About 20of all, i am years past my prime on hot dog eating contests. So i believe that to you guys. Wehink it is a general trend have seen over the past few months. Markets trying to get back to normal. While we can criticize the fed for maybe overreaching and buying fixed income, in reality, they stymied a panic in the market. We ...
July 16, 2024
Small judgment but traction line with the russian. Constitution does not apply and if theres russian back home of the governments expense again its the role of moral judgments. Just said 9 am here in moscow the 29th of june a very good morning for me kevin how in the World News Center with this update for you 1st the New York Times is facing widespread criticism this morning after publishing an article claiming russia offered bounties to taliban militants in afghanistan to kill u. S. Troops it a...
July 16, 2024
Are back down. Yuan a little stronger. Lets get a deeper dive into the Market Action of the day with kailey leinz. Kailey we are in the green by 1 on the major averages. For is the fourth up day the s p this week. Up 4. 6 over the course of the week, the best week for the index in a month. That is in the face of escalating virus cases climbing across the u. S. Those headlines not putting a day per on appetite. One reason why is that the Economic Data is starting to look better. We saw that refle...
July 16, 2024
Texas is making face masks mandatory, while florida yet another record. The u. S. Senate approves sanctions on chinese officials over hong kong, as the u. K. Says it will not back down on a path to citizenship for around 3 million of the citys residents. Shery lets get a look at how markets are trading. We see u. S. Futures coming online down 0. 1 . We had gains across the board. You saw the s p 500 higher by 0. 5 . Materials and energy were up more than 1 . We had more positive Economic Data, b...
July 16, 2024
Racial injustice. Here in Congress Democrats sought to turn anger and frustration and sometimes despair in ourl country. Real and meaningful action. Democrats wish to seize the moment in three weeks ago democrats announced to build and finally bring strong comprehensive and lasting change to Police Department across america. Injustice and policing act led by senators booker and harris. The house of representatives, will pass that bill this week. But here in the senate, we have a much different s...