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CNBC Squawk Box July 11, 2024

The nasdaq up by about 120 yesterday was a down day for the markets. The dow off by about 270 points. But if you want to take a look at november hes historic gain, check this out, the dow actually up by 1. 8 for the month, that is its best month since january of 1987. The s p no slouch either it gained about 11 while the nasdaq was up nearly 12 november by the way was the best month for all of those indexes since april which was a huge month. Also small cap stocks were some big winners. The russ...
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CNBC Squawk Alley July 11, 2024

Good morning it is 8 00 a. M. At tesla headquarters in palo alto, california it its 11 00 a. M. On wall street squawk alley is live good Tuesday Morning im jon fortt with Carl Quintanilla back again it is a busy day on wall street with the dow hitting an all time high making another run at 30 k. That comes as president elect joe biden is reporting tapping former fed chair janet yellen to run the treasury department. Tesla is continuing the record run now topping half a trillion dollars in market...
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CNBC Worldwide Exchange July 11, 2024

Bitcoin once again now a major u. S. Asset manager taking a closer look. And a brick and mortar bust. New black friday data could signal a major win for amazon, target and walmart its monday, november 30th, 2020, and youre watching Worldwide Exchange on cnbc good morning, everyone hope you had a wonderful Holiday Weekend. Im seema mody in for Brian Sullivan stock futures right now on this monday a somewhat mixed open the s p lower by 12. Dow jones lower by 153 and the nasdaq turning negative dow...
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CNBC Squawk Alley July 11, 2024

Arizona for biden. Dow is up 191. Were going to start with disney though and a surge for shares this morning following the strong earnings last night and that enormous pop for disney plus subs. Julia boorstin is going to break that down for us hey, julia carl, disney plus accrued 73 Million Subscribers. The companys 120 million paid Digital Subscribers are a bright spot the company says suspension of the next semiannual dividend is in part to priority the direct to consumer initiatives. Its very...
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CNBC Fast Money Halftime Report July 11, 2024

To see everybody the dow did get to 29942, that is an alltime intra day high. Fell back a bit off that, a better than 400point game for the dow, s p better than 1 , nasdaq a little shy of that and then the small caps all the way to the righthand side of your screen banks, travel and leisure stocks leading the way. Some of the stayathome stocks. Theres the possibility in the middle of december the Federal Reserve steps in and provides further stimulus to replace whats missing from fiscal policy m...
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CNBC Squawk Box July 11, 2024

At a record high for the dow the s p set a record high on friday up another 30 points and the nasdaq, an underperformer last week, is indicated up by close to 60 points stocks have been on a big run. If you look at last weeks returns the dow was up just over 4 last week the s p was up just over 2 . And the nasdaq was down only by half a percent you are talking about the third week out of four that is seeing negative returns and that has been the underperformer. Really across the board a lot of s...
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CNBC Fast Money Halftime Report July 11, 2024

Small caps having a pretty good day as well. The commentary seems to be the market feels a little tired. Is that how you see it yes i do suspect that the market is fatigu fatigued certainly on monday mornings consecutively weve been greeted with excellent news for society as it relates to the vaccine but markets dont seem to be responding as positively as they did two weeks ago. Scott, you began the show by suggesting that we have a potential end of year run. For there to be an end of year run, ...
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CNBC Fast Money Halftime Report July 11, 2024

Begin with the oracle of omaha well start with the trimming of apple shares hes got more than 900 million we totally get it. Its not like buffetts bailing on apple in any way. It did sell about 36 million shares what is this, do you think is it simply Portfolio Management i think thats exactly right, scott. Its Portfolio Management. Apple being one of the most liquid stocks in the world on any market he could have sold a lot more than that if he had wanted to. So this is just, look, the stocks h...
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FBC The Claman Countdown July 11, 2024

Record close since february 12th. Right now, its above that at the moment. So we look to the s p 500. That should set its first record since september 2nd. Its 23rd record of the year. We have that moving higher right now pretty significantly. The nasdaq just a bit off the mark at the moment. From the Pfizer Vaccine developed in conjunction with German Company biontech and the stock basking in the halo effect from the blockbuster announcement to the mask makers and Rapid Testing stocks on the mo...
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CNBC Mad Money July 11, 2024

Populating wall street are a bunch of weather man everyday you hear the forecast today the dow slipped some points nasdaq declined 1. 2 it is enough to make you take a meteorologist course to see which way the wind blows seems like both ways blowing at the same time. The tail wind dies and the market goes right back down again. You dont care about todays weather, what good is that for you on the forecast . It is easier said than done. How do you navigate your way through the confusing markets. S...
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