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June 30, 2024
We are without the United States. President s day in the u. S. That means a lot of participants stateside but we also see reduced trading over the Asian Session as well. We saw the asian equities session with the nikkei moving higher, 1. 8 . A little higher a little harder to make any headway. More will get to more that. Our focus on what we are doing in europe because without the United States and the chinese and hong kong markets are closed. Thats get the first word news update. President trum...
June 30, 2024
The dow is the story today bet than 1 gain the russell, small caps trailing a little bit bob pisani on the floor with more were reversing that trend. We used to sell off in the middle of the day, but friday we diplomat and today we are holding onto our highs its very important. Three trends ive seen thats happened in the last two days. Number one, the healing continues. S p regained 20 of the losses were finally seeing new highs appear and familiar names are on that list. Finally, the Leadership...
June 30, 2024
And good morning, welcome to Worldwide Exchange here on cnbc im domenic chu. And im Contessa Brewer sara and wilfred are off this morning. Great way to get started when youre seeing positive signs in the markets. Lets get straight to the markets as contessa mentioned were seeing green across the board on the futures side. With the dow trading the way they are, were looking at possibly a 300 point open for the dow on the upside at least if things stay the way they are right now. S p up by 32 poin...
June 30, 2024
So you know, when it comes to corrections, thats 10 off from recent highs. Then we started the climb once again. Up 367 points. We are up 319, 320. These momentum swings are awfully important to watch but they are not set in stone. Remember, it was exactly at this moment yesterday, 24 hours ago where the dow began dropping and dropping and at 11 minutes past 3 00 p. M. , boom, in the blink of an eye we fell nearly 1600 points. 1597 to be exact. Could that happen again in this hour . We already s...
June 29, 2024
Stephanie greece has responded to that ultimatum in europe by asking for a new bailout. Today, the greeks formally asked for a new bailout. In return, greece said it would impose tax reform as early as next week. This morning, the greek Prime Minister promised to deliver. In the next two to three days, we will put forward concrete proposals in detail and i am confident we will be able to meet the obligations of the crucial times. Stephanie the European Commissioner meanwhile says there is a scen...
June 29, 2024
At the beverage company. A 19year cocacola veteran. Most recently president of the companys european arm. Shares are basically flat today. Year to date they are down a bit by about 2 . Sara eisen is with us live this hour from the new York Stock Exchange. Sara, this isnt only a story about coke today. A big controversy erupting over the Health Impact of the soft drinks. Yes. Scientists at the center of this weeks coke controversy is speaking out. Dr. Jaimes hill at the universiy of colorado says...
June 29, 2024
Jcpenny and nordstrom reporting. Expected in just a few minutes, well be bringing to you. And pixars new films. First up. Lets talk about the markets with david rosen berg, the chief economist at gulskenshef. Good morning. Put the weekend into perspective. We have macro numbers today but still the discussion remains even though there was a quiet overnight in china. What theyre trying to do and if its what weve been asking them to do for decades. You know whats interesting . Everybody talks about...
June 29, 2024
The shares dropping to the bottom of the ftse 600. The ftse at a low. Glencore with a quarterly loss but beats low bar expectations. Hi, everyone, im seema mody. Coming up, guess which stock is up over 1,500 from the ipo price. Heres a clue, the company went public 11 years ago. Infidelity confidentiality. And a fire nado whips through shooting flames up to 100 feet in the air. German lawmakers prepare to cast their vote on a greek package presented on friday. This after 60 lawmakers in the cons...
June 29, 2024
China is now falling back on its major levers to stem their biggest decline since 1996. The shanghai comp positive dropped 7 overnight before policy moves took place. They came in after hours. The besthat some of minds have been saying about china. I tell people be cautious because i dont think china can come up that easily with a solution overnight. Complicated situation and Financial Markets is not the first thing on the radar screen. Thats why this market is trying to find its own level and i...
June 29, 2024
Here is vonnie quinn. Europee opening lower in. Pointing to a higher open in the u. S. Indexanghai composite down more than 1 of the steepest fiveday slide since 1996. It came after Chinas Central Bank cut Interest Rates. Chinese stocks have cut their value since june. European stocks have resumed falling a day after a rally. Germany is done more than 1 . In the u. S. , futures indicate stocks will be higher at the open. The s p 500 is coming off its worst six days in four years. Yesterdays stoc...