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July 16, 2024
Positive signs on the economic front as the u. S. Nonmanufacturing index expanded and treasury yields breaking higher today much more on that move in just a bit. 59 minutes left to two in the session, and the dow is up more than 400 points. Thanks, sara. Lets get to the big stories we begin with amon javers. Reporter we dont know about the president s condition at this hour, but we know about his intent at this hour. He is ready to go home he has been at Walter Reed Medical Center since friday e...
July 16, 2024
More republicans fall in primaries. Well get. White house advisor Peter Navarro. All that and so much more on making money. Charles like a grizzly, out like a teddy. The shortest bear market in history was a ferocious beast with everyone heading to the hills. Many predictions of a potential doom and Nuclear Winter for stocks that would last for years. Economic data was coming in better than expected there was extreme pessimism on wall street. Meanwhile Something Different was occurring on main s...
July 16, 2024
It. Of we have been watching what has been going on on the louisiana coast for the latest headlines on hurricane laura, that has preoccupied people. Here in europe, also waiting on the latest developments from jackson hole. Just as we see laura weakening to a category three hurricane, although we know they can still linger it still do damage. Tom 120 Miles Per Hour maximum wind, but the landfall of 160 was extraordinary. The shape of the storm has changed as well. With our first word news in new...
July 16, 2024
Major breakthrough in treating the coronavirus, a steroid that could cut deaths significantly among the sickest patients jay powell assuring the market is willing and able to backstop the economy. And finally, fiscal stimulus reports the white house is preparing a trillion dollar infrastructure package for everything from roads and bridges to 5g network. So, were these the three things the market needed to hit it big today . The three horsemen. Hi, mel. Hi, guy how are you well, i mean, they def...
July 16, 2024
Highest level in two years trade headlines have us on record high watch for the s p, a closer call for the dow and nasdaq and would be the 27th record close of the year for the s p. Joining us for the other, stephanie link, good to have you here this afternoon. What does it mean . The computers take each headline as if its fresh what a difference a year makes is all i have to say last year we had tight fed policy, no idea what would happen with trade. This year we have much more accommodating fe...
July 16, 2024
Amendment. Always. [applause] my administration has also curtailed harmful and intrusive use of federal consent decrease which wrongly give meddlesome officials in washington, d. C. , immense authority to tie down local Police Departments and make it very difficult to do their work. No longer will federal bureaucrats micromanage your local police. We will work with upon request local police to help them, not to hinder them. And were waiting for a call from chicago because there is is no place we...
July 16, 2024
It is not but we are thrilled to have you here lets take a look at where the u. S. Equities are. Dow up by about 72 points. With these gains, the dow would actually erase the loss for the week at these levels s p up about eight points. S p up around 7. 5. Youll see the 10year note is yielding 1. 716 Global Markets continue to follow the headlines learning trade talks between u. S. And china are set to resume october 10 sources say Vice President premier lu will represent the delegation weve had ...
July 16, 2024
Now we are at 29. 80ish we have been going side ways most of the year in 1997, the year started at an alltime high and went up. It is true. You think about where we were Christmas Eve and we had taken a huge plunge. We got it back interesting on the performance. Similar to the u. S. But china lagged significantly where we are in the trade war. Who is hurting more or less. Down about 4. 7 china has closed today but something to keep your eye on treasury yields are up part of that because of a wea...
July 16, 2024
And linking up. We get an exclusive check in with the linkedin ceo. Jeff weiner. His thoughts on the Company Three years after microsoft acquired the job listing site. But first, to our top story. A late developing shakeup at the top of oracle. The ceo is stepping down for health reasons. The company did not specify what issues he is facing. But executive chairman released a statement saying oracle has an extremely capable ceo and an extraordinarily deep team of executives, many with long year t...
July 16, 2024
Details on those devices more. Licitg up, we get an three years after microsoft acquired the job listing site. We begin with one of our top stories. Oracle announced wednesday that the ceo is taking a leave of absence for health reasons. They disclosed the move along with Quarterly Earnings a day earlier than results were scheduled to be released. The company did not specify what issues he faces or how long hes leave will be, but the executive chairman released a statement saying quote oracle ha...