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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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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 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 European Open July 12, 2024

Coronavirus cases and political tensions. The Trump Administration rejects beijings claims in the South China Sea, accusing it of bullying. The u. K. Is set to ban huawei from its 5g mobile network. The plan would mean British Companies need to remove huawei infrastructure by 2027. Welcome to the program, everybody. Lets check out the futures. Lots of moving parts in terms of the market action. Lots of geopolitics to talk about as well. We have futures pointing to the downside in europe. We have...
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BLOOMBERG Bloomberg Daybreak Europe July 12, 2024

Squash competition. All Companies Report today. An earnings onslaught in europe with results from big banks and oil. Standardto the ceos of charter, Credit Suisse, and shell. Welcome to daybreak europe. Lets get to that earnings onslaught. Credit suisse numbers broke a few minutes ago. Credit suisse is to create a Global Investment bank. We were reporting that Credit Suisse was planning to announce a Major Overhaul of the business. We learned that its creating a Global Investment bank, combining...
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BLOOMBERG Bloomberg Technology July 12, 2024

We will be standing by for that. Looking at the markets, stocks rising to the highest level since february. This as a number of stocks including amazon and zoom continuing to rise because of extended shelterinplace and work from home orders. More earnings out this week, watching microsoft, intel, tesla as new cases are being set in states across the country including the first death of a child being reported in minnesota. This as the president , governors, teachers unions and parents battle it o...
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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

India may miss growth targets as the virus cripples the outlook. Intel plunged after its new chip reduction process was delayed again. The company is under pressure as customers increasingly turn to rivals for chips. We are just getting pmi data out of australia crossing the bloomberg. The pmi actually rising to a record high in july. This is a preliminary number for services coming in at 58. 5. Manufacturing pmi also higher, 53. 4 from 51. 2. Composite at 57. 9. A big jump from the 52. 7 in the...
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FBC Cavuto Coast To Coast July 12, 2024

Ol boost here. That is propelling the entire market. Gold is having another good day. In case youre counting it is not good for gold bugs, what bugs we dont keep track of what gold is doing, whether stocks are up or down gold has inexorable advance up 2 . In case youre counting, that is up 33 on the year. That is dwarfing any other particular investment. I would include in that batch all the major market averages and what is happening with bonds. Gold has glitter that defies almost all the tradi...
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KGO ABC7 News 400PM July 12, 2024

A serious issue. I would say were back to feeling blind. We dont know how it is trending. This doesnt allow us to know where the epidemic is heading, how fast it is growing or not. She says what she is sure of, more people under 35 are becoming infected. The rate the latin x community. The big question, when will he we get a vaccine . It could be months or more than a year away. In that time more surges are expected. A top ucsf epidemiologist says california should brace for what he is calling a...
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Expected to drop 24 year on year. The futures are looking slightly lower, down four points. We are looking at some of the currencies. As david would say in the last hour, the bloomberg dollar index is on track for its worst july in a decade. A more dovish start from the fomc. No big surprises from the fed, but the lower mantra weighing on the dollar. The dollar index is flat, at least for now. Wellussie in his flat as aussieyen is flat as well. We move on to the commodities and the yield story. ...
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