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CNBC Power Lunch July 11, 2024

87, the russell small caps up 20 , its best month ever can the run continue and moderna says its ready to file for emergency use while novavax announces a second delay in its late trials we have the details. P power lunch starts right now it wouldnt be a record rally if there werent some bumps along the way. Was today just a oneday pause or something more . Lets go to bob pisani for more. Hi, bob. Hello, kelly. It actual its actually not a bad day. We were down 447 points, weve regained almost h...
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FBC Varney Company July 12, 2024

To increased economy. There is a one month to in germany, not good for our market, same thing in france and a Record Number of new cases in america over the last seven days. Thats not good either and a time clearly running out for stimulus package before the election. We will ask larry kudlow about that. Dow industrial 900point drop yesterday, dead flat at the opening of this morning, pretty much the same story for the s p, modest rebound for the nasdaq. This is the big day for big tech, apple, ...
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CNBC The News With Shepard Smith July 12, 2024

The u. S. Government cannot find the parents of more than 500 immigrant children tonight, what we know about the kids left orphaned covid watch. Why we might have to start thinking of covid like flu, a yearly vaccine to stop seasonal waves. Announcer live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening again. 13 days until the election, and we have two president s hitting had the campaign trail in the final stretch. President Obama Holding a drivein...
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CNBC The News With Shepard Smith July 12, 2024

The u. S. Government cannot find the parents of more than 500 immigrant children tonight, what we know about the kids left orphaned covid watch. Why we might have to start thinking of covid like flu, a yearly vaccine to stop seasonal waves. Announcer live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening again. 13 days until the election, and we have two president s hitting had the campaign trail in the final stretch. President Obama Holding a drivein...
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CNBC Squawk Box July 12, 2024

It is hip to be square used to be at least. Lets check out u. S. Equity futures. Things are relatively flat and that isa good thing. A bit of a difference after the big swings weve seen. Right now dow futures up about 3, s p 500 up about 2, nasdaq up by 13. Of course this is after a done day for the m down day for the markets yesterday. Treasury yields are something to start paying attention to because we did see a pickup in treasury yields to the highest levels weve seen since june the ten year...
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CNBC Fast Money July 12, 2024

Points at the lows, the nasdaq nearly dropping back into correction territory after hitting an alltime high just last week. Tesla down more than 34 from its alltime high hit last wednesday. Apple down 18 , microsoft and alphabet too seeing some major losses when does the pain stop, guy obviously ive been pretty skeptical the entire move higher or most of the move higher something sort of struck me last week, i think it was wednesday when you had those headlines from the cdc putting on notice peo...
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BLOOMBERG Bloomberg Markets European Close July 12, 2024

I do want to highlight a 10 year yield in the u. S. , the yield is lower by about one basis point. 60 to 70 basis points, and how much can we tolerate on higher upside when it comes to yields . The Democrat National convention will be focusing on joe bidens vision of the party. Last night focused on trumps performance in office including his handling of covid19. To everyone who supported other candidates in the primary, and to those who may have voted for donald trump in the last election, the f...
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CNBC Fast Money July 12, 2024

Protesting facebooks failure to address the vast proliferation of hate on its platform. Facebook responding saying it will change policies to prohibit hate speech. The fallout was felt far and wide across the tech sector. What is the impact, guy . These are hand full of companies but has the levee broken a little led zeppelin way to go with the zep reference right at the top the day trade, now its a lot bigger than that and i absolutely think its a big deal facebook is so far behind the curve. T...
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BLOOMBERG Bloomberg Markets Americas July 12, 2024

Where people cannot really go to showrooms . What is the bigger problem, selling the car as you want to make, or making the cars that you are used to making . Biggest challenge early on was getting back so that we could make vehicles. We had a lot of work to do to make sure we took all the necessary precautions, learned lessons from china, korea, from our work in making ventilators and masks, and putting that to practice to bring people back to build vehicles. I am proud of how will the team ada...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

This is bloomberg surveillance. Im Francine Lacqua in london. Lets go straight to the markets. We are seeing a lift to the market somewhat but a bit flattered then what it was earlier on. 0. 4 . Oxx 600, down by the dollar is rising. Treasuries advancing. We had a little bit of momentum. We saw that historic rally. The dollar strengthening for the first day in nine sessions. The Federal Reserve extended its main Street Lending program which means it is allowing more companies to participate. Tha...
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