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CNBC Closing Bell June 22, 2024

The horizon with energy experts. Plus, the drop in crude could be seeping into the Banking System of our neighbor to the north. The royal bank of canadas ceo joins us in a cnbc exclusive on the back of his companys earnings. Also ahead how much of what we see in the rally is the result of the fed trying to calm market volatility. Were live in jackson hole with the latest headlines. Dont forget, of course, the new york fed president , importantly, spoke today. He did. And markets are reacting. Le...
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CNBC Worldwide Exchange June 22, 2024

Weeks ago. Its not a market for the faint hearted even for some of the greats. Bill ackman and bill gross suffering amid market swings. And case dismissed. Theyre clearing them of accusations of rigging markets for fast traders. Welcome to the second hour of Worldwide Exchange. After five days of triple digit delines the dow surging 619 points. The s p 500 up about 72 at 1940. The big out performer in terms of percentage terms was the nasdaq. Still well above 5,000 but gaining 4 with tech and bi...
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CNBC Squawk Box June 22, 2024

Last week. Then on monday that nearly 600 decline. Another 200 point loss tuesday before yesterdays big surge the dow is still down though. More than 1 this week. But the nasdaq has narrowly erased this weeks losses off by. 2 . I was on the floor of the New York Stock Exchange all week and its not just the crazy moves where we settle, its the intraday volatility. Everybody was bracing for a repeat of tuesday. They had this giant rally and it started to lose steam and everybody thought here we go...
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CNBC Worldwide Exchange June 22, 2024

Talk about Capital Spending and cord cutters take a snip out of media stocks but can they turn it around . Well hear from the chairman of Charter Communications and talk about the mega merger with Time Warner Cable. Now the Chinese Central Bank announced plans to inject 16 billion yuan. Its latest move to put a stop to further he request ity declines. Lets get straight out to sri following this china story for us live in singapore, sri. Another move by the Chinese Central Bank. Thats right, seem...
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CNBC Squawk Box June 22, 2024

Four trading sessions with yesterdays strong gains. Now the major u. S. Averages all turned positive for the week. The nasdaq now positive for the year. Check this out. The dow and nasdaq are now on pace for their best week in a month and a half. Stocks are now out of correction territory sitting less than 10 from record highs from mondays intraday low. The dow is now up 8 . If you had caught it at the bottom this would be a great week for you. The s p has risen nearly 7 . The nasdaq is 12 highe...
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CNBC Worldwide Exchange August 28, 2017

Good morning, and a warm welcome to Worldwide Exchange here on cnbc i am wilfred frost. Seema mody. We saw the s p 500, up 0. 6. Encouraging given a lot going on last week. This morning we are pointing a little low, the dow lower by 22 points, nasdaq by 12, s p by two points gasoline futures sharply higher, harvey knocks 15 of capacity off line more on that in a moment weve got gas prices up around 4 this morning. The latest on the situation in texas following Hurricane Harvey these are pictures...
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CNBC Power Lunch August 28, 2017

Tens of billions of dollars of Economic Activity at risk. Contessa brewer downtown houston and jackie deang lose and Morgan Brennan looking at the rising cost of harvey she is up in connecticut and Angie Lassman is tracking the path of the storm. Right now, lets see how the markets and your money are doing in reaction with joe kernen. Yeah, stocks are down the dow, anyway. Steady this hour in a narrow range. Nasdaq is actually up. Apple is among the top leaders announcing a product event septemb...
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CNBC Squawk Box August 28, 2017

Another 1 in europe, the impact of the euro, now it is 1. 20 yeah. Most of it happened friday i cant say it was that much of a move, felt like the cap stone of a huge move it was almost a parody earlier this year. Now at a buck 20 theres the euro, 1. 193 it was 1. 17 and change, just under 1. 18, then went up to 1. 20, led by a pound at some point, and all based on comments from jackson hole. Doesnt say things are awful, i guess the implication, take it another 10 higher. She didnt say things we...
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CNBC Worldwide Exchange August 29, 2017

A very warm welcome to Worldwide Exchange. Im will ford frost. Im seema mody. Take a look at how u. S. Equities are performing in premarket trade. You can see a significant move to the down side with the dow jones off 141 points nasdaq, lower by 62. The s p off by 21. This as weve seen a Global Market reaction to the north korean provocation japanese stocks at a fourmonth low, wilfred more on the markets around the world. The developing story that seema just mentioned out of north korea that nat...
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CNBC Squawk Box August 29, 2017

How about the euro, sitting at 1. 20 right now there is the yen at 108. 58 the pound, just watching that one as well. How about treasury yields. Incredible low levels for all that we are talking about in terms of the u. S. Economic impact we are going to get jobless claims thursday and we have the jobs claim friday. That is nowhere near where you would expect it to be. The dollar hit the lowest level. Gold has been on a run. Of course, the yen thats your barometer right there. The german tenure ...
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