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June 20, 2024
The standoff, as well. China is worried about getting paid back on its investments. The yields on onemonth treasury yields continue to head higher this week. Its just another sign that investors are getting increasingly worry worried about the government defaulting on its locations i would argue theyre not worried enough, but we can talk about that in a mip. China and japan arent the only ones calling for a solution out of washington. Howard schultz is urging leaders to push for a shutdown. He s...
June 20, 2024
Average. Nasdaq was weak for most of the session. We saw air coming out of the big momentum names. Nasdaq composite down 17 points today. S p was up just about one point, flat after giving up much of an earlier rally similar to the Dow Jones Industrial average. Despite todays uptick, the dow has wiped out more than 800 points since hitting a reported high three weeks ago. Lets check in with bob pisani. Why the optimism today, bob. If you take a look at the s p, it wasnt on the fed minutes. I thi...
June 20, 2024
Double digit losses. At this point, up until now, you really didnt see much of an reaction that people were somewhat complacent. We arent seeing the reaction we saw in august of 11 but getting closer. Well talk about investing in this market, my exclusive interview with Julian Robertson. Well get his opinion on how to play this market, against specific names he says will make money right now. Including ones you may never have heard of. Wait until you hear what he has to say about apple and the l...
June 20, 2024
10year note. We hear that miners are dragging down the ftse. Data from china was showing a slowdown in Services Sector growth. In germany, manufacturing orders below expectations, falling in august. That was the second consecutive month that we saw them. That surprised me. Lets get to our road map. Schultz is urging fellow ceos to turn up the heat. And jcpenney said its seeing signs of a turn around or that its strategy is working. And the long goodbye. Were going to read you excerpts from Steve...
June 20, 2024
With the first snap. Calling it the superbore. 12 seconds. And hitting. They dont throw to sherman i am a huge Richard Sherman fan what was weird, peyton never looked right and the seahawks i fell like i was in seattle. Couldnt hear a thing when peyton was taking the snap. Carl, it was a noshow. It was, it was. We kick off a busy first week of february. Janet yellens sworn in as fed chair, as we speak. Earnings to come. A jobs number on friday. Tenyear yield hit its lowest since november friday....
June 20, 2024
Connell there is not any good news. The super bowl is a blowout, the market is down 150 points. Dagen i was not even written for the broncos. Connell hopefully we can cheer you up for an hour or so. Dagen what have you got . This market cannot catch a break. All about dumping risk and fear is back. Nicole petallides with more. Nicole that is right. I will get to that in a moment. The dow, nasdaq and the s p down arrows, all three down a percent or more. 15,547, so that is a loss of 1 . The s p 5...
June 20, 2024
At this very moment, 3 00 p. M. Eastern. The last hour of trading. You will know that song, im having a bad, bad day by the movie despicable me. Quite a few are probably feeling that way right now. Low of the session for the Dow Jones Industrials down 312 points, we are just slightly off that at the moment but there is a lot more to this story. The Dow Jones Industrials tumbling to the 50 Day Moving Average and went below that, the gray line you are seeing right here. Now were getting close to a...
June 20, 2024
And Reynolds American moving of 0. 23. So forget what i said about decisions have a huge impact on stocks. And remember convicted ponzi scheme mastermind Allen Stanford . Remember him . High Court Considering to shut down classaction lawsuits from investors. The ver victims who lost billios investing in a 7. 2 billion scam. The justices are expected to rule on that case sometime next year. This is massive breaking news. But you never heard me say this. Putting the pressure on a stock right now. ...
June 20, 2024
Now gms getting in on that. Connell top of the hour. Maybe a little upset about washington. Nicole petallides on the floor of the New York Stock Exchange. Nicole definitely seeing a sense of frustration on wall street got into the second week of trading that the government hasnt come to some sort of resolution. In the meantime the market has just been drifting lower. We are down 81 points, however it is just that kind of sentiment you dont feel like testing the market all 10 sectors are to the d...
June 20, 2024
And super bowl xl. Fox is in town and so are the contenders. The broncos and the seahawks are set to go at it on sunday. Lou dobbs tonight begins right now. Lou good evening, everyone. President obama began the day with a promising message for House Republicans who outlined a set of principles to shape Immigration Reform efforts. President obama was asked by another network whether he would to an immigration bill that did not provide a path to citizenship. He responded by saying that i am not go...