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July 16, 2024
Potentially coming close to price later tonight. This could be the biggest ipo of the year but we are getting word that that also could be coming in at the lower range. It will be interesting to see what Risk Appetite is like or if it can be measured through what has been going on with these ipos. Taylor we are awaiting some earnings and starting to see Western Digital and a few others start to trickle out. I wanted to pose a question to dennis. You were talking about real rates being low and wh...
July 16, 2024
But i the gdp data out think out of the United States, it continues to tick a little higher, may be the speed on this recovery we have seen in the last few months, what will we talk about later in the hour . Airbus cut jobs pretty hard. I spoke to the companys ceo. Balance how to put the business in a position where it can recover. It difficult balancing act. A lot of Industrial Companies are going through it now. A great point in terms of all of the pipelines. Economic data in the u. S. Is pain...
July 16, 2024
One interesting thing is we finally have a little bit of strength for the dollar after the fed yesterday in a while range, now slightly higher. This is tampering gold. A gold rally is on pause. Not a strong Risk Appetite on the day to say the least. David at the same time, we had the big tech hearings with the four ceos getting beaten up. We had some big earnings today. Does it look like tech might be holding up a bit better . That tech hearing yesterday, they lucked out, or investors lucked out...
July 16, 2024
Years before resigning to join the trump justice department. He was forced out after his refusal from investigating russian meddling in the 2016 election. That is our first word news. Im Mark Crumpton. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following from around the world. Schools across the United States prepare for students to return in some form in the fall. Ill be s...
July 16, 2024
Group. All of the numbers as soon as they hit the tape this morning. Futures showing a mix bag as you can see, excuse me, we have that is arrows across the board. Nasdaq up 34 and a half, s p is up 11 this after yesterdays crazy lateday selloff. California announced lockdowns and when the announcement came through that really did hurt the market. The dow barely holding a gain. We will see if we can do better today. Well, jumping species. Animal to human virus contraction may become more common. ...
July 16, 2024
Not surprisingly tech stocks are holding up the best today. Bob is looking where we stand on earnings about halfway through the season and our tech team will get us ready for what to expect tonight josh lipton on apple julia on facebook. Bob, lets start with you. Kelly, earnings are a little bitter than expected the market is holding up pretty well because of that the big winner here remains technology stocks. Why shouldnt it just look at the Second Quarter earnings estimate. You heard of what a...
July 16, 2024
By 33 , meaning that the recover may still be far off. What does it mean for investors, businesses and families in this country . Ahead of blockbuster earnings for the Biggest Companies in the world. That is coming up after the bell. After the grilling of the bilge tech ceos we have preview of the tech names. As you can see on the screen, a lot green and more on making money. Cheryl it has been a really interesting session since news on gdp, initial jobless claims crossed tape before the bell. S...
July 16, 2024
Back to the office. Jonathan ferro, Lisa Abramowicz and tom keene. Justews flow this morning in this hour is extraordinary. We are going to take time with david coston on the equity markets. Just importantly, lagarde at the bottom of the hour. Ecbthan we will hear from president Christine Lagarde. The struggle continues to get a clean read on the u. S. Economy. Tom it is two worlds. Its about finance and Morgan Stanley and great. What its really about is we really lose perspective on the tangibl...
July 16, 2024
Employees. Bank of america and Morgan Stanley among big banks reporting. Dow component Johnson Johnson right here. Futures in the red. We are standing by for retail sales and jobless claims this morning at 8 30 a. M. Eastern. Stocks edging higher, Investor Sentiment over covid19 vaccine pushing markets into the green. The dow industrials up 227 points, nasdaq up 62 and s p up 29. The state of travel today airlines in the midst of a sharp downturn as pandemic fears keep travelers grounded at 7 30...
July 16, 2024
And joe santoli. Joe and andrew are off today with the storm and everything going on, thank you for being here it was one nasty storm. It did a number when you think about businesses dealing with a lack of power, it is like the plague coming down well start this morning with the markets. Nasdaq with the fifth straight positive day up 22 for the year to date. Pretty good day for the dow and s p. S p indicated up close to 20 points the dow up close to 200 points and the nasdaq up as well. The trea...