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June 23, 2024
Some extent. We got the fed minutes, and it would seem that december is likelier than not, but once again, the fed is emphasizing the gradual pace of rate increases. Stocks are little changed, but twitter between positive and negative. If you look at the bloomberg terminal, you have the poroshenko. Utilities trading height push and pull. Utilities trading higher. Tech and Consumer Staples doing well. Health care and energy the big laggards. Health care, on United Health cares announcement that i...
June 23, 2024
Markets. The shanghai comp reverses early losses and closes higher. This as the imf is adding the chinese currency to its volatile basket. Japans pension plan having a huge loss. Good morning, everyone. Lets get straight back to our top story. World leaders have been arriving at the venue of the comp 21 Climate Summit. French president hollande is welcoming 150 policy makers. President obama, xiin pi have arrived already. Chinese president said its very important for the u. S. And china to follo...
June 23, 2024
Brent below 42 for the First Time Since 2009. We begin with shares of chipotle falling hard. The company issuing disappointing guidance on another e. Coli outbreak. And a 14 billion acquisition, huge premium for Keurig Green Mountain. Its going private. And ges deal with electrolux is off. First up, Keurig Green Mountain has agreed to be taken private. The Investor Group led by j. A. B. Holding. Coke, which owns about 17 of keurig says it is fully supportive of the deal. Keurig will operate inde...
June 23, 2024
55. 3 is the reading. 56 is what analysts had been anticipating. This is a current number for the month of december. Its one of the first data points we get for last month. 55. 3 was the reading, a little lower than the 55. 9 recorded the prior month. There was a little bit of concern we would see a follow on from the manufacturing number they came in much weaker than estimated. It does not like the followthrough is that poor on a relative basis. We will be watching. And durable goods orders, th...
June 23, 2024
His facebook Share Holding to charity to mark the arrival of his daughter. Vw declines to comment suggesting it reached an agreement to 13 banks to provide a bridge loan after suffering an s p downgrade. Hi, everybody, welcome back. Yes, you are watching Worldwide Exchange. Let me talk to you about the euro zone inflation. Consumer pricing growing at a mere 0. 1 in the month of november. Thats according to the euro stats so inflation still very, very low. That of course being one of the issues t...
June 23, 2024
Too. Weve got someone who says its time to start buying names in the energy space and he will tell you where. And with the potential recovery in commodities on the horizon, is the junk bond scare already a thing of the past . We were just getting used to this thing. Weve got a top high yield strategist to give us his take. Weve got the latest details on the frenemy relationship developing between amazon and ups. Thats an interesting story there thats ongoing. Lets start with nike. The shares mak...
June 23, 2024
Year in dubai and it looks like those celebrations are going off. Thousands of people were expected to gather, as we can see there are still crowds of people just a few blocks away from what was the sight of this fire, horrific images that really broke out two hours before the new year celebration. We saw them here on cnbc, we saw them across social media, people tweeting these pictures. Something to see. And very dramatic to happen just a few hours before and admitted a new years of tension in ...
June 23, 2024
Retail sector. This is an important area to keep an eye on, walmart and home depot will be reporting earnings this morning. Walmart stock is down 32 . Year to date, home depot is up better than 15 . Walmart is the worst component because of weakness in terms of guidance and slowdown in consumer buying, an important area to buy specifically after terrorists attacks. In china we saw pretty good up across as well. Wife fox we have Fox Business Network Dagen Mcdowell. Tensions overseas being felt at...
June 23, 2024
Hard. The Dow Jones Industrial average and the nasdaq closed in correction territory, meaning the indexes are now more than 10 off their most recent highs. The reason once again was china. That country suspended trading after just 30 minutes. Its benchmark index falling 7 . More on that in just a moment. But first the closing numbers. The blue chip dow index plummeting 392 points to 16,514. In the last four days the dow has shed 910 points. The nasdaq falling 3 , off 146 points. And the s p 500 ...
June 23, 2024
Polson. Hes charged with shooting at three people. And hitting two of them. In Pleasant Hill neighborhoods last november. Polson claims he was using drugs at the time. And he didnt know what he was doing. Jurors only deliberated for half an hour on friday. One person is recovering this morning after a shooting in davenport. It happened just after six last night. Near the intersection of 13th street and eastern avenue. Police say the suspects left the scene right away and responders took one pers...