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July 16, 2024
Were following all of that today. Well get to the markets in a moment we do begin with our top story the president and first lady testing positive for the coronavirus. Our shep smith joining us with the latest its news on the east coast here is the news the president and first lady are positive for covid19. The first lady reports she has mild symptoms but feels good the white house says the president has mild symptoms. President trump is in good spirit ossen ca spirtss on a call this morning. Pr...
July 16, 2024
Screen completely different from yesterday and will call it a modest rebound but it was the big tech stocks that fueled the selloff in today though stocks also seen a modest rebound, certainly not recovering the losses theyve seen over the last three days but nevertheless they are back in the green. Take a look at tesla, that stock has lost around one third of its value in just one week. But look at it go today up nearly 7 and by the way well talk to the former Vice President of tesla coming up ...
July 16, 2024
You cant when the nasdaq is running like this. A 7 gain in index, you almost have to realize everybodys price target has to come up. Its baffling and confusing people who are not in the stock market but making a lot of sense to professionals who realize oh, my, god to chase. Yeah. Banks will get jp morgan tomorrow theres a lot of discussion about the commentary will matter more but also the idea that because of where estimates are, you could see some upsize to prizes another upside out of bsf. J...
July 4, 2024
Barrel. Jon it is interesting to see the mood move in crude. You see cautiousness in stocks, even energy, because of the new Economic Data in the u. S. Digesting it stays higher for longer. The story suggesting candace staying higher as well because we saw canadas central Bank Hold Rates Steady at 5 . This decision was expected but is only the third time in 13 meetings that the bank has hit the pause button. Partly because we saw the economy contract in the second quarter. The bank of canada was...
July 4, 2024
And chinas Country Garden appearing to avoid default and making payments on its debt. In washington, d. C. , lawmakers are set to return to work with a very lengthy todo list. And President Biden weighing in on a potential strike by u. S. Auto workers. The positive prognosis he is giving. It is the day after labor day and everyone is back to work. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Im cdominic chu in for frank holland. Lets check on the...
July 3, 2024
Australia. We are counting down to asias market opens. Im annabelle droulers. Ahead of u. S. Inflation data a big tech rally within a whisker of big tech rallies. Heidi tariffs on imports after President Biden accuses china of treating on cheating on trade. Paul im paul allen words the government handed down a budget that is handing down costofliving relief. Im avril reporting live as the countries leader prepares to take power. Unprecedented challenges facing the new Prime Minister. Annabelle c...
July 3, 2024
Forward and this time at the most profitable u. S. Factory. It is thursday, october 12th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Im frank holland. Lets start off the hour with the check of u. S. Stock futures. You see here in the green across the board. The dow would open up 100 points higher. As always, we say its early. Dow and s p and nasdaq riding a fo fourday win streak and helping to drive the gains is big tech. Meta at a 22mont...
July 3, 2024
That was the trigger point i pointed out last year the tenyear yield was up 10 or 11 basis points and the stock market was down 3 that shows you there was a little catchup. I dont think tech is where we have to look at the epicenter. Its about can the economy handle rates its about consumer cyclicals giving up their advantage. If you look back to the beginning of the quarter when we were at 3. 8 on the tenyear treasury, were now up to 4. 5, the nasdaq 100 hasnt underperformed the rest of the mar...
July 3, 2024
The u. S. Rating. No surprise there. History in the making President Biden would become the first sitting president to visit a piblt line hes planning to join strikers as those workers of the big three hit 12 days of walking out on their jobs. Lets begin with the markets on track for a lower open on this tuesday jim, youve been watching yields, of course. You commented this morning about the 20year in particular. Yeah. I think weave been going toward ive been saying this to club members a lets j...
June 29, 2024
All the latest details for you. After the bell, nike will report earnings. We got a debate on whether the stock is a buy ahead of that release. We begin with all of the news how ut of washington. Cnbcs john harwood is in d. C. With developments on the effort to repeal and replace obamacare. Ylan muil has the latest on the tax reform eamon javers, details on the press conference with the Prime Minister of jane Janet Yellens speech this afternoon. John, lets begin with you. Wilfred, today it becam...