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June 28, 2024
A springtime special power lunch begins right now. And welcome to power lunch. Sorry. Brian mentioned stocks hit record highs midday. We saw the nasdaq turn lower. Amazon, microsoft and google. The intradays are even more dramatic and a lot of volume at last check trading at the 125 of its average daily volume. Extraordinary volume for a friday afternoon. And as stocks rally the vix hitting a 24year low. Financials big movers. Among the leaders in the group bank of america, Morgan Stanley and re...
June 28, 2024
By a fraction of a percent crude oil, this is the one weve been watching very, very closely. We have wti down by 1. 6 brent it down by 1. 5 . This is quite a rebound from the lows back in june. We are up by 12 from june 21st lows so staggering move in just a short amount of time weird. Weird to see the dow so strong and the nasdaq so weak thats been happening more the nasdaq had been stronger on a relative basis then the rotation happened. I dont know what it means. Maybe its healthy this is sca...
June 27, 2024
Welcome to power lunch. Im melissa lee. Stocks right now are mixed actually all in the red right now. Amazon, though, hitting a new alltime high in todays session. Same for tesla, that stock trading above 300 a share for the first time ever. And take a look at gold hitting its highest level since february 27th. Tyler . Melissa, thanks very much. Im tyler mathisen. Glad you could join us on a rainy tuesday in new york. Here is what else is happening this hour. The u. S. Trade deficit falling in f...
June 24, 2024
Without borders was leveled by attack. The airstrike blamed on Government Forces left 50 people dead. A less than welcome greeting for donald trump in burlingame, california. Protesters fought with police and knocked down barriers. Thee arrived to address state gop convention. He said his entrance was like crossing the border. In kenya, search and rescue teams are made at the site of a sixstory building collapse. Four people are hospitalized and others are trapped beneath the rubble because of t...
June 24, 2024
Amazon has three ceos now sort of. Two Division Leaders officially getting the ceo title. They give you the promotions but never the raise. Could that create leadership issues for jeff besos. I understand they both got prime memberships as part of the perkz. Twitter is getting new Board Members today, moving on. There we are. But the stock is still sliding and well look at what other changes may need to be made to that social network. Sfl nhl commissioner will join us live along with the stanley...
June 23, 2024
Certainly focus on areas where we agree. As you point out its harder to find those areas these days. Reporter the president s hopeful theres middle ground two top 2015 priorities criminal Justice Reform and International Trade agreements. Those are a couple of areas where we can work with democrats and republicans to do something good for the country. Reporter though hardly a sure thing. The president some believe like he has with gun control, immigration and cuban relations, may resort to more ...
June 23, 2024
Hearing they will starting to cars a week from this sunday. Thanks, steve. A virginia man admits to kidnapping a woman right off the philadelphia street but this may not have been his first attack. The what prosecutors say he did to a teenage girl just one month earlier. Good day, it is finally friday, september 11th, 2015. Finally friday that is a good thing but whenever you here september 11th for any of us alive in 2001 it has a different connotation. You remember where you were. In college c...
June 23, 2024
Lurking. Fog will come in after the 7 00 hour and turn to hazy sunshine by noon with temperatures around 60. High clouds. Hazy sunshine. Mid60s by 4 00. Lowtomid 50s and a chill in the air at 7 00. How is the commute, sue . Busy. We have a stall and an accident approaching the san mateo bridge on the span itself. It is looking good. Let me show you where the accident is, southbound 880 before 92 we are see slow traffic from 238 toward the toll plaza so give yourself extra time at continue member...
June 21, 2024
Americans on board. Tonight ukraines president is calling this an act of terrori terrorism. Fox 29s Michelle Macaluso now with the very latest. Reporter an air disaster today asthma lay is a Airlines Flight 17 goes down in Eastern Ukraine and u. S. Government officials confirms it was brought down by a missile. It looks like it may ab terrible tragedy. During a phone call with rug president Vladimir Putin president obama learned about a Malaysia Airlines passenger jet crashing in ukraine. All 29...
June 21, 2024
Investors back on further bank stimulus. Policymakers pledge practice fiscal policy in the year ahead. We are live in warsaw where the foreign minister says prolonged sanctions in russia are worth the pain for regional security. We are willing to put up with the sanctions because we think that the issue of borders in europe is more important. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And welcome to the show. Seema, sharp selloff in europe yest...