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BLOOMBERG Bloomberg Markets Americas July 12, 2024

1. 1747. , 1934. 74. Another busy week for the markets. 189 s p 500 Companies Due to report. Some already reporting today. We also have the fomc Rate Decision on wednesday as well. We welcome margie patel, Wells Fargo Asset Management Holdings Managing director. Characterize this earnings season for us. It has been encouraging. Last week, we have 20 of companies reporting. 80 of those were above expectations, even though many said they were not in the position to predict earnings for the year. U...
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CNBC Squawk Box July 12, 2024

Andrew is out, so i have to find a way to annoy you what you asked for. Your birthday is tomorrow, right . Tomorrow, not today tomorrow. Its friday. Everybody deserves to be embarrassed. Well do it anyway this is the last day youll be 19 23. Exactly. Anyway, lets check out the futures this morning as joe mentioned, youll see the dow down slightly by about 26 points s p down by four s p off by eight getting ready to wrap up another week the dow up by 2. 5 over the last four days. S p is higher. O...
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CNBC Squawk On The Street July 12, 2024

Thinking about over the weekend . Next week, which is going to be just gigantic we have everything from ibm, we will bookcase ibm on monday and American Express on friday, both will be challenging and i think they could determine things. Carl, i have to tell you, 8 30 santelli comes on and gives you that housing start number, then diana talks about how there are not a lot of houses. I sit here and i think the fed has done a magnificent job, what can they do . They can take rates down to the poin...
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CNBC Squawk Box July 12, 2024

To get things started off. The dow is down by 17 points but the s p and the nasdaq is there. Nasdaq is indicated up by 47 points this is after a strong month of july for all three of the averages the dow up by 2. 4 for the month. The s p saw its best july by ten years. It was up by 5. 5 . Thats nothing compared to the nasdaq today is the first trade ding d of august. Thats out at 10 00 a. M. Eastern time today also take a look at treasury yields you did see yields under extreme pressure or ten y...
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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

Fed president Robert Kaplan this hour. President trump orders chinese to shutdeo app tiktok down in the u. S. Next month unless there is a deal with microsoft or another leading american company. Breaking news out of south korea. The cpi numbers for the month of july year on year, a growth of 0. 3 . This is of course after inflation remains flat for the previous month year on year. We have seen somewhat muted demand. Perhaps weighing on the month on month numbers. We are seeing inflation at zero...
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CNBC The Exchange July 12, 2024

Kelly, so remember last week we were talking about how value was outperforming growth last week that lasted exactly one week today were back at the old pattern and its basically growth and technology virtually over Everything Else theres the dow flattish on the day, but s p 500 still trying to get over that 3032 hump not easy to do, but tech overplaying, the investments, the bank stocks all did very well last week theyre a little lower today amazon had an awful week, down 8 last week guess what,...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Earnings results and a price of oil. Gold, topping 2000 and so you have gold topping 2010 same time, european stocks gaining so it is a risk off mood, high volatility for the month of august. The 10year treasury yield, steady near the lowest since march. There are signs american lawmakers are making progress on an economic aid package. Lets get to the first word news in london with laura wright. James the white house and democrats hope to have a deal on a new relief package by the end of the wee...
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CNBC Street Signs July 12, 2024

Tiff movement for 2021 we also see clearly the paces coming in for the third and Fourth Quarter in reverse, the volkswagen numbers fall Retail Therapy shares in the dutch super market giant jump to the top after earnings rise almost 80 in the Second Quarter on the lockdown spending the death toll rises after a massive explosion. President trump suggesting the blast could have been intentional. Our prayers go out to all the families the United States stands with the people of lebanon and well be ...
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CNBC Closing Bell July 12, 2024

167 drop. Turn positive 59 minutes left in the trading day. Yeah, set for another record day all time close for the nasdaq coming up on the show, the dow component and tech component an hour away from that up more than 30 from the march lows still down year to date. Well have full coverage and analysis when those numbers hit. First of all, lets focus on the big stories were watching mike santoli is back and tracking all the Market Action for us meg terrell has new details on a number of vaccine ...
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BLOOMBERG Bloomberg Markets Americas July 12, 2024

Around. The nasdaq with a 1. 4 gain. The dow and the s p following suit, not quite as strongly, thanks to apple and microsoft. The 10year yield back up 256 basis points. Gold taking a little breather. To 56 basis points. To point out some of those companies i was microsoft is up. Adt is up with google taking a substantial stake in adt. Apple accounting for much of todays game. Is up as wellrck on the vaccine part of the pipeline. The markets are up today, some good signs but also some questionab...
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