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July 16, 2024
That china would take more measures to bolster its economy. Companies from adidas to tyson are spelling out what the impact will be on their bottom lines and the pace of homebuilding fell less than expected and it surged to a 13year high our closer today, with the debate just showers way, former chair sheila bair willbe here to discuss a wealth tax, financial transaction tax and how markets are responding why she says as a republican shes voting for warren. Thats all coming up after the bell joi...
July 1, 2024
>> and well have a look at whats driving the action at the stock exchange, hitting record highs as tech heavy weights like ibm and apple are up boeing remains in focus, ticking low today as new ceo dave calhoun hosts a call with the 737 max. slight gains for the s&p and the dow. the nasdaq leads the charge up about half of one percent. the nasdaq is set for a record closing high, the other two just below those levels 59 minutes left of trade joining us for the first half of the joe, jo...
June 30, 2024
Regional bank bb mpdbb t kelly will join us. Toll brothers, shares down 8 , and some provisions in the tax bill that could make it tough going for the housing sector well explain. By the way, tomorrow lululemon reports earnings that stock has been up 25 over the last six months. Big comeback there we have a debate on whether that rally can power higher into year end. But we start with the breaking news out of washington today. Plenty of it, again. Kayla tausche has details fo kayla . Reporter bi...
June 30, 2024
Jumping into the bitcoin game wall street legend art cashin has a bitcoin prediction for 2018 well tell you what it is in a couple minutes cant wait for that. Plus the question Everyone Wants answered, will my taxes go down because of this bill . We got a Financial Adviser who breaks down the impact of the tax reform bill coming up in a little bit. We begin in washington today, lawmakers are expected t vote in a little less than two hours on the legislation to keep the government from shutting d...
June 30, 2024
The oil markets. First, stocks kicking off the first trading day of the new year on a high note. And if the january effect plays out, todays gains could be a positive sign for 2018 bob pisani here with the story bob . Reporter yes, just a lot like 2017, some of the big names are moving today semiconductors doing well. Lot of interest in that. We see Retail Stocks doing better we see energy doing better heres something curious, the banks are not participating in the rally. I find that interesting...
June 30, 2024
Coming up. We do have quite a rally with the dow in particular. The transports continue higher all the major averages are in record territory. We also have big calls on the Airline Sectors today and the banks as financials get set to report. Were heading into earnings season well have you up to date on those. Lets start on the floor of the new york stock exchange, mr. Robert pisani joining us with a recap of whats going on as we get ready for earnings, right . Yeah, a lot at stake here, but sixd...
June 29, 2024
The sfenate flaplan ylan reporter we dont have to rely on sources because the Senate Version of the tax bill is now officially out. Here is some of the key details. As weve been reporting, it would delay the introduction of the corporate rate cut by one year to 2019 however, it would get down to 20 and stay there permanently it would also limit the ability of companies to deduct their interest, but give them full and immediate expensing for five years. The individual side of the senate plan is q...
June 29, 2024
Here the shares are down 8 right now. Thats not even the biggest point decliner in the dow. Which goes back to how low its share prices got. Exactly. At this hour the Senate Finance committee is beginning to mark up its tax reform bill well tell you whats at stake there and what could be the most contentious issues between the house and senate. Meanwhile, amazon is reportedly considering a freemium option for prime video. Wel n will netflix make a similar move lets get to our top story today, th...
June 27, 2024
Straight losing session. While the s p 500 pretty much in the red. It has punched into the green. We might see it with the upside. And speaking of losing ground cities like new york, chicago and los angeles could lo billions of dollars after attorney general Jeff Sessions made a surprise appearance at the White House Press briefing. If certain cities dont comply with federal immigration laws. Its a latest attempt to try to put the failed effort behind it. This week its focusing on an actionpacke...
June 20, 2024
Less than a percentage, but nasdaq is down 1. 3 . You should have seen the look on her face when we noticed that earlier. Lululemon among the retailers thats been warning today. That stock has been down 16 today. And weve got all these earnings coming out this week. Weve had all these warnings so theres a feeling of fear right now definitely an wall street. And anticipation. Retailmageddon is the way one retailer put it to us earlier. Goldman sachs sounding the alarm on valuation saying investor...