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CNBC Closing Bell July 13, 2024

All of faang higher with names like paypal up 5 today. We have two bad final hours of trade over the last two sessions and we have sold off over the last couple of hours off the session highs as we stand. Ahead on todays show, well speak exclusively with Thomas Barkin on the heels of another massive jobless number why he says we may be at the bottom of the downturn he just said that on a podcast about an hour ago. Plus, former treasury secretary, jack lew, will join us to discuss the governments...
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CNBC Power Lunch July 13, 2024

Data and their stock sale this week but first, we are just getting the minutes from the last Federal Reserve meeting. It was a major one, consequential. Steve liesman digging through that release right now well give him some time to digest and dig, well hear from him in a minute. In the meantime, kelly, back to you. Tyler, thanks we are awaiting the headlines from the fed minutes stocks are in rally mode right now, as all 50 states have now eased lockdown restrictions in some way lets get over t...
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CNBC Worldwide Exchange July 13, 2024

On the rapidly changing world. No school in the fall . We speak with the head of americas Biggest College system about just that. We are watching Worldwide Exchange here on cnbc good morning, good afternoon, good evening welcome to wherever you may be watching from. Im brian sullivan. The dow continues to slide falling again yesterday. The dow has now lost 1,500 points from highs back on may 1. Investors will be closely watching whether we are able to rebound now. Futures not indicating that. Th...
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CNBC Worldwide Exchange July 13, 2024

More green shoots are being seen in the American Economy. Well he show them to you. It is monday, may 11th and this is Worldwide Exchange right here on cnbc good morning, good afternoon or good evening, welcome from anywhere in the world youre watching im Brian Sullivan thank you for starting your week with us here on cnbc lets get a check on your monday morning futures. Dow futures up just about 40 points we are coming back backtoback solid sessions for stocks, the dow was up 450 points on frid...
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CNBC Squawk Box July 13, 2024

Weve seen for the dow in a row, the first time thats happened since february this is all happening despite crude oil prices the treasury shows you the tenyear is yielding 0. 627 . There are crude oil prices, generally when weve seen pressure on crude oil, thats put pressure on equities as well thats not the case this morning. Wti is indicated down by over 15 . Thats a decline of 2. 66 to 14. 28 a barrel. Brent crude down by just 3. 3 . Its now trading at 20. 73 andrew meantime, an update on the ...
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CNBC Squawk On The Street July 13, 2024

Coming off a fiveday win. A lot of the stocks in the nasdaq are for companies that do better in covid era. Remember, weve got many, many institutions with 80 to 95 of people working home. They require a gigantic change in the supply chain of work. And the supply chain of work is just generated a remarkable new wave of the cloud, of hardware, of software, and the companies that are really rallying for the most part are companies that do fabulously when you have to create new factories the factory...
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CNBC Worldwide Exchange July 13, 2024

All the major f. A. N. G. Companies. They are set to release their numbers and guidance. Thank you for joining us im Brian Sullivan lets talk more about your market setup you have dow futures indicating a gain of about 100 plus points at the upside. 200, as a matter of fact, stock futures are well in the green despite the fact that oil has come down significantly. The price of oil down again right now. Remember, we are in that june contract it is off about 13 this morning, down to under 15 and c...
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CNBC Squawk Box July 13, 2024

What happens after yesterdays big move the dow down yesterday by 2. 1 the dows worst performance going back to may 1. A lot of this was happening as we were getting comments not only from Stan Drunkenmiller and dave tepper talking about his concerns about this being the second most overvalued market he had ever seen. Comments from fed chairman jay powell all of those things adding up saying what do we need to worry about and where do we need to be concerned . Watching the treasury markets, you w...
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CNBC Worldwide Exchange July 13, 2024

Well talk to one about what shes doing to protect her homes. A little good news and positive trends being seen at airports around the world. Friday may 8 you are watching Worldwide Exchange here on cnbc good morning, good afternoon, good evening welcome from wherever you are watching im Brian Sullivan i think i speak for all of us as a say tgif stock futures are up 270 points right now. Perhaps the Market Knowledge of the day, for some reason, if you tuned out yesterday. We have some gains the n...
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CNBC Squawk Box July 13, 2024

Effective, it brought down the market up the day about 39 points s p 500 had given a run for the money. We are below that 2,800 level. S p up about 4. 5 keeping in mind the treasury yields right now, the 10year seems to be yielding 0. 606 andrew, ill send it over to you. Well give you an update now on the pandemic numbers. Global cases have reached 2. 7 million with 869,000 in the United States. The death toll in the u. S. Is nearing 50,000 new york cases have hit 263,000 and new jersey over 100...
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