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BLOOMBERG Whatd You Miss July 12, 2024

On the s p 500, there were a lot of concerns that we would not close that gap overnight. I think we just about closed that gap at the close. Thatine it is interesting you are getting this risk on move in stocks but also seeing yields getting crushed. Taylor it is incredible, the moves we have seen. When is the last time we saw the nasdaq at a record high, gold at a record high . Where do you find value when spreads are already compressed. Caroline lets get back to nancy. Please, onctive, which i...
New York United States Oprah Winfrey Emily Chang Los Angeles Paul Sweeney

FBC After The Bell July 12, 2024

Kristina. Reporter we had quite a day today with markets looking for direction but you saw all three major u. S. Averages closing in the green like jackie mentioned. You saw nasdaq hit an alltime high. S p 500 as well as the dow closed for the third day in a row in the green. You had a lot of big tech movers as you know but that led nasdaq higher. I want to focus on two particular stocks. Taketwo interactive had earnings. A big beat. They showed a lot of people, pentup demand for gaming as well ...
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BLOOMBERG Bloomberg Markets Americas July 12, 2024

Thats a 13. 8 increase month on month. Pretty good, alix. Israel alix can it last . And coming up this hour well speak to valley grant, Senior Vice President and henry mcveigh, ahead of global maam row and Asset Allocation with his report on economy and investments. The main macronews that happened was beijing following through on the threat of retaliation, china ordering the u. S. To close the consulate in chengdu and comes after the foreed closer of a Chinese Mission in houston. Sharon chin th...
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BLOOMBERG Bloomberg Technology July 12, 2024

Disney shares moving after hours. Obviously, it has been a tough quarter for theme parks. Many theme parks still not reopened around the world. The ones that are open have limited capacity. Missing estimates on new streaming subscribers for the disney plus service but estimates but subscribers still coming in huge. Abigail doolittle has been following the market overs. Disney and activision as well. What are the theme this you are pulling out here . Abigail the bulls are just out. Nasdaq 100 for...
United States District Of Columbia Abigail Doolittle Larry Kudlow Emily Chang Kate Gibson

BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024

Reported a good quarter, but the Third Quarter guidance not needing the mark. Att stopped plunging 15 , the lows, down 18 . Its worst day since 2002. Another big story, we have been talking about silver. The spotlight today gold crossing above 1900 per ounce earlier. That haven asset, also you could say a derivative of fed liquidity on the others. Painting a risk out picture for all of this, we have the yen up for a second day. Dollaryen up 1 . That tells you investors are going into the yen, wh...
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FBC The Claman Countdown July 12, 2024

A live update. Yeah, cheryl was right, markets are losing a bit of steam late in the session. The s p as i said, kind of straddling that line. Its up two points right now but the nasdaq which had been up, is now in the red, negative by 13 points. It was headed toward a second Straight Record close. Dont worry. Thats not necessarily in the rear view mirror. Weve got again, now its 59 minutes, we will see. Are we witnessing the start, though, or at least the original sounds of a correction . Our f...
New York United States New Jersey District Of Columbia Chuck Schumer Larry Kudlow

CNBC Squawk Alley July 12, 2024

A day. Yesterday that was a big head wind as the market did get up the s p just to the cusp of those old highs. We did it without the help of technology, of the big Growth Stocks everyone is talking about this rotation the nasdaq has had yet another of its fairly routine pullbacks so far it has bounced to maintain this up trend today yes, tesla helping it, but really it is the old favorites as well, just picking up the slack and the s p is right back to yesterdays afternoon highs before we had t...
New York United States United Kingdom France General City Of Steve Weiss

CNBC Closing Bell July 12, 2024

The auto sector. Ford and nikkola news coming your way just about to flat line with 59 minutes left in the session. We have a big lineup of ceos coming up on todays show. Dan rosensweig on the back of cheggs earnings it is a moon shot. Then the head oof another stock that has been on a terror, henry ji, ceo of Sorrento Therapeutics and its a huge earnings news, disney, nikola and well speak with the ceo of ww right after the numbers hit. We have 58 minutes left of trade. Mike san totoli is track...
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BLOOMBERG Bloomberg Markets European Open July 12, 2024

In Wealth Management, we had a very strong performance, plus 70 in asia, plus 16 in europe, 3 in switzerland, upsetting the u. S. , where we saw the effect of net recurring fees being based on the previous quarter with an impact in our profits. Was there any sense of caution in the clients . How would you describe your client activity this quarter . Sergio still very active. More of a wait and see, starting to think about the second half of the year, which is full of events which potentially wil...
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BLOOMBERG Whatd You Miss July 12, 2024

Lamb weston, that was one of our stocks of the hour. Down 11 . I dont know what is going on over there in the 209. Taylor i am never going to live that down. That is good to know. On a more serious note, some of the industrial companies, 5757. R at a spot intraday basis down to about 31 basis points or so. Keyink 54 will be the next resistance level. The flight to quality we have seen, given the fed and some of the weakness we have seen in earnings. Shawne still with us, matthews. It is earnings...
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