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July 3, 2024
Nasdaq up by 10 points. Halfway through the trading month of september, the dow is down by. 3 for the month to date. The s p 500 down by 1. 3 and the nasdaq down by 2. 3 . And treasury yields are pretty important because you do have a fed meeting this week. Right now the ten year is sitting right at 4. 34 . The 2year just above 5 and we will see what the rest of the week brings. Talking about what the rest of the week brings, here it is. Squawk planner for the week. The fed is the big story. Kic...
July 3, 2024
Afternoon. Two big deals to tell you about. First, disney and charter ending their dispute right in time for charter customers to watch monday night football on espn. A lot of new york subscribers. The jets, as everybody here knows, are playing tonight. Charter shares are up 3 1 2 . Wbd up as well on brighter prospects for the tv business. Well have more on that coming up. And a different kind of deal. Smucker is buying hostess for about 5. 6 billion. Should help smucker grow in what the ceo is ...
July 3, 2024
Outlining plans to diversify away from china. A monday merger on tap and possible 4 billion vanilla cream filled deal. And instacart ready to kickoff the ipo, but appearing to be far from the hey day of 2020. It is monday, september 11th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Well welcome to the show. Im dominic chu in for Frank Holland. Lets kickoff the show with green on the screen with the nasdaq and s p coming off 1 losses last week, but for the time being, th...
July 3, 2024
Outlining plans to diversify away from china. A monday merger on tap and possible 4 billion vanilla cream filled deal. And instacart ready to kickoff the ipo, but appearing to be far from the hey day of 2020. It is monday, september 11th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Well welcome to the show. Im dominic chu in for Frank Holland. Lets kickoff the show with green on the screen with the nasdaq and s p coming off 1 losses last week, but for the time being, th...
July 3, 2024
Down 70 points. The nasdaq was the standout yesterday adding 1. 6 to close at the alltime high. Apple was up 4 on reports that it could be overhauling the mac line. We have more coming up in a bit. To the treasury market, lets look at what is happening with yields. This is a wild week for yields. The tenyear yield is lower. Still well above 4. 5 . 4. 53 right now. The twoyear note at 4. 92 . Lets also look at crude oil prices. The prices are moving higher on rising tensions in the middle east. I...
July 3, 2024
Nasdaq indicated up by 1. 2 for the week to date for what we have seen. Look at the treasury market. You see treasuries here with 10year treasury at 2. 3 . Wti climbing above 90 a barrel. Right now, 90. 43. Of course, we have seen big news in other places. New overnight, positive data on china recovery overnight. Retail sales raising 4. 6 in august. The Unemployment Rate ticking down by. 10 . Chinas Central Bank Cut a shortterm lending rate one day after it lowered the reserves the commercial ba...
July 3, 2024
Afternoon. Two big deals to tell you about. First, disney and charter ending their dispute right in time for charter customers to watch monday night football on espn. A lot of new york subscribers. The jets, as everybody here knows, are playing tonight. Charter shares are up 3 1 2 . Wbd up as well on brighter prospects for the tv business. Well have more on that coming up. And a different kind of deal. Smucker is buying hostess for about 5. 6 billion. Should help smucker grow in what the ceo is ...
July 3, 2024
Afternoon. Two big deals to tell you about. First, disney and charter ending their dispute right in time for charter customers to watch monday night football on espn. A lot of new york subscribers. The jets, as everybody here knows, are playing tonight. Charter shares are up 3 1 2 . Wbd up as well on brighter prospects for the tv business. Well have more on that coming up. And a different kind of deal. Smucker is buying hostess for about 5. 6 billion. Should help smucker grow in what the ceo is ...
July 3, 2024
Battle twith microsoft and the battle with prime. Things were in a different place with layoffs and a big restructuring taking place with the distribution model at the company. If you look at where things are right now, even with some of the downward pressure on stocks across the board, you are looking at the market cap of 1. 9 trillion. The Company Making 575 billion in revenue and sitting on 70 billion of cash. The stock is up year to date and is now up 6 since andy jassy took over from jeff b...
July 3, 2024
Afternoon. Two big deals to tell you about. First, disney and charter ending their dispute right in time for charter customers to watch monday night football on espn. A lot of new york subscribers. The jets, as everybody here knows, are playing tonight. Charter shares are up 3 1 2 . Wbd up as well on brighter prospects for the tv business. Well have more on that coming up. And a different kind of deal. Smucker is buying hostess for about 5. 6 billion. Should help smucker grow in what the ceo is ...