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CNBC Fast Money July 12, 2024

Later, a Bed Bath Beyond stock handing in one of its best days ever one of our traders says it could be headed even higher from here. We start with a developing story out of washington. The next round of coronavirus aid apparently hanging in the balance. Lets get right to it with ylan mui. Reporter the house has begun debate on democrats 2. 2 trillion relief package with a vote expected later on this evening. Five Straight Days of negotiations between the treasury secretary and the speaker of th...
Saudi Arabia District Of Columbia United States New Jersey Tim Seymour Chuck Schumer

CNBC Squawk Box July 12, 2024

Morning. And the nasdaq is down by 182 points a lot of this is whats happening in europe right now. You dont just look at the oversees market but were going to take our queues from what is happening there. You can see the ftse down by 3. 4 and the other markets are down by more and a lot of this is coming in the last few hours. They could be considering a second lock down as covid cases there have soared theyre back to the levels in may. Theyre concerned about whats happening with the number of ...
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FBC Maria Bartiromos Wall Street July 12, 2024

Expectations. Meanwhile, the Unemployment Rate dropped below double digits for the First Time Since the shutdown, plunging to 8. 4 . Joining me now to discuss this and more, former jpmorgan chief economist anthony chan. Anthony, thank you so much for joining us. You know, the headline number might have been in line, but you get underneath and look at some of the details in this. This is a pretty impressive report, and lets start with the Unemployment Rate at 8. 4 . I think wall street was lookin...
New York United States Linda Kozlowski David Rubin Stein Anthony Chan Charles Payne

BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

The outage cast further doubt on tokyos hopes of replacing hong kong as the equities leader in asia. Japans lost generation. We open a business week report on the people shut out of the employment market in their continuing to search for directions in middleage. Haidi lets take a look at how things are setting up in this fridays session. Of course, a whipsaw week when it comes to u. S. Markets. A lot of travel when it comes to asia. Tokyo to resume trading today. Sophie that is the case. That wo...
New York United States Hong Kong France General District Of Columbia City Of

CNBC Street Signs July 12, 2024

A rally after the fashion giant sports a boost and trades higher on a 50 jump in revenues Boris Johnson with brexit treaty as Parliament Backs the Parliament Bill as a warning it will support trade talks the eu has not taken that particular revolver off the table. I hope we can do so and reach a canadastyle Free Trade Agreement as well. Thank you for joining me today. Let me take you straight to the iea monthly report across the industry what we are hearing is that Global Oil Supply is risen by ...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Companies we are falling following. The way stocks are positioned today, a lot of the focus is the positive news about the vaccine on the positive news by the vaccine and chart and trials resuming. Bonds in spain, portugal and france rising. Yields on german debt steady. Lets get to the first word news in london. The ball is in china posco or to seal a deal. Pot court chinas court to seal a deal. The block is stepping up its demand the china open up its economy even more. Astrazeneca is vaccine ...
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CSPAN2 CDC Director Dr. Redfield Others Testify On Coronavirus Response July 12, 2024

Cspan radio area cspan, your unfiltered view of politics area. This week cdc director doctor Robert Redfield took questions from senators on the us Coronavirus Response and how soon a vaccine might be available to the public. He said a vaccine might not be widely available until next year and that facemasks are an effective way of fighting the disease. Afterwards President Trump contradicted doctor redfield coronavirus treatments on timing for a vaccine. Heres a look at thatsenate appropriations...
New York United States New Hampshire District Of Columbia San Francisco March It

CNBC Squawk Box July 12, 2024

108 points hire. So good news all around. Lets see if it can stay this way. Treasury yields, you can look at a 10year note at. 681 we have so much going on the fed kicking off a twoday meeting. The first since it put new framework into place isnt expected to change Interest Rates fed chair powell planning to answer questions about the outlook during tomorrows News Conference then we have the data coming in today where we get august import and export prices. The latest productions numbers and the...
New York United States City Of United Kingdom New Jersey Chuck Schumer

FBC Cavuto Coast To Coast July 12, 2024

Launched today around 77. Around, you know, in that roughly about 1. 8 billion offering here where the valuation of the total company, if you extrapolate that out, youre getting well into the 13 billion neck of the woods. So a very, very Big Development here. Jackie deangelis is following it. This is kind of the rule of thumb, the vast majority have been of that ilk. But again much will have to change, and well see in the next few hours. Not a bad launch. What are you hearing, jackie . Not a bad...
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FBC Varney Company July 12, 2024

Hard to digest the news. Well cut right at it, give you the details in a moment. Overall, the market lacks real direction. The dows going to be up maybe 15, s p up 10. Nice gain for the nasdaq though, all green at this point. Politics [laughter] can you say softballs . One after another, they were lobbed towards joe biden at the cnn town hall last night. Not very good preparation for the first president ial debate which is, by the way, 11 days away. The standout for me came when biden suggested ...
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