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June 19, 2024
Cspan, your unfiltered view of government. Announcer former House Speaker paul ryan led a discussion on inflation and Financial Technology with policy experts and industry stakeholders. They discuss to elimination of Overdraft Fees, financial regulation, and editorial practices of payday lenders and checkcashing services. From the American Enterprise institute, this is one hour. Good afternoon, everybody. Whoa, the voice of god. Good afternoon, everybody. Thank you for joining us. It is nice to ...
June 19, 2024
Hello, this is todays worldwide exchange. Alcoa kicks off the earnings season with better than expected numbers. The aluminum giant says it sees brighter days ahead. European stocks are boosted on the news, and banks and Telecom Stocks lead the way higher as report suggest europes biggest teleco groups are in talks to create a pan regional network. Analysting warn about slowing growth. The cfo told cnbc hes confident. Weve got a great track record, frankly, over the last five years of delivering...
June 19, 2024
Statement this day after we had a shortterm budget deal. Also earnings trickling out this morning. Mens wearhouse after the bell. Bank. To buy jos. A. Iplon, big news of the day, supposed to be a record ipo or a lodging company. This is not another deal. This is in some way a top of the market deal. Terrific research on this. We will have it all day on Bloomberg Television. I got goosebumps. Almost like 2005 all over again. And is it a problem . Groupl ask a gas from isi and we will talk also to...
June 19, 2024
Important for every company that exports to that country. If they slow down exports to that country will slow down. Thats why its so important right now. And underlying a lot of this is this debate about liquidity versus fundamentals. Here is how we stand in the markets. The dow is near session lows off 256 points at this juncture. I believe the lows today were 262. And were heading back to that right now. Look at that. Decisively below 16,000. Speaking of at least round numbers, the s p 500, 17...
June 19, 2024
See there. 2. 71 . Yeah. Lets move on to europe. Second quarter gdp data indicating eurozone emerge by recession. In and also some growth in france. And that gets us to our road map which starts with a rare miss for macys. Shares of the Department Store are falling in the premarket. The ceo says consumer are worried about the uncertain economic environment. Apple still getting the icahn burp thmp this morning. Carl icahn tweeted he bought a stake in the tech giants. And strength on the farm. Dee...
June 19, 2024
You are watching Market Makers. I am excited today. In just one hour i will be heading to the Second Annual robin hood investment conference. After one week of complete market turmoil we have the biggest investors in the industry. How was your weekend . Stephanie went north of 59th street . Ask for food i will travel. I will travel. We have the top business story of the morning. Shares of ibm are falling, big news is that they will no longer reach their earnings forecast for 2015, they will come...
June 19, 2024
Kerry says hes had an exchange with china. This has a latest report suggests chinese a hackers broke into government networks. And machinery orders drop nearly 20 in japan. Hopes for a Capital Spending recovery phase. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And a warm welcome to worldwide exchange. Lack of insight from the fed minutes yesterday on timing. The u. S. Rates, giving a boost to u. S. Stocks yesterday. Europe, not really falling t...
June 19, 2024
Havent seen inflation. Because investors have spent so much time tapering, investors are interested in bond yield. If youve been watching the tenyear, right now the yield is at 2. 827 . Also, october wholesale trade and the labor departments latest job openings and latest Turnover Survey that a lot of economists watch closely. Futures at this hour are indicated higher, dow up by just about 20 points, s p up over 2. 5 points. And a big call today on Deutsche Bank. The firm says that a horde of pe...
June 19, 2024
Things out youll never be whipsawed and you might catch a move like we had today where the s p gained 5. 6 and the nasdaq folded 1. 05 per. You know what caused todays rally . Was it it tthe incredibly move draggy who is singlehandedly getting the eurozone out of the deflationary doldrums . No. Not really. As we know from the soggy stock market opening despite the news coming out an hour before the opening bell. [ bell ] was it more deal talk . This time the potential for a giant sprinttmobile t...
June 19, 2024
First time since november but settled just above that. Road map begins with the dow looking to work back its worst week in over two years. Caterpillar results beating estimates. The Company Announcing a new 10 billion stock repurchase program. Cisco slapped with a dow downgrade by jpmorgan. Apple slated release results after the bell today. Well preview how the allimportant holiday sales season has impacted its quarter. First up, stocks are looking to bounce back from a rough week which ended wi...