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June 21, 2024
Shares of cisco come under pressure as emerging markets weigh on the companys earnings and outlook. Announcer youre watching worldwide exchange, bringing you business new from around the globe. Hi, everybody. Im seema mody. Coming up on the show, big business of retailers, we find out how American Eagle plans to get its claw into the key Fashion Market here in europe. And sold for 151 million after a record breaking auction, we take a look at some of the worlds most expensive pieces of art. And ...
June 21, 2024
The downward trend. A shade above 77 a barrel today. Bond markets are closed in observe yns of veterans day. Already recordbreaking sales at alibaba with two hours to go in singles day, the single Largest Online shopping day on the world. Jack ma will join faber for that interview in just under an hour. Futures heading higher after the dow and s p extended their streak for a record four days in a row. Oil prices continue to fall. Brent hitting a fouryear low. More earnings to digest. Revenue com...
June 21, 2024
The risk . Okay. Lets get you uptodate on whats happening out there in the markets. Guys, stocks have been you know, a little bit soggy. You is k see the dow and the s p moving to the down side in fairly narrow trading, but the nasdaq is holding its head above water. Not a huge amount of movement in either direction right now. As for oil, lets take a look at whats going on with oil. It is currently sitting to the down side by 1. 6 . Brent, meantime down by 2. 6 . You might remember became the fi...
June 21, 2024
Forecast by Goldman Sachs today cutting its forecast on the price and that added some of the momentum there, and by the way, were still getting a lot of photographs from you folks around the country of what youre paying for gasoline. I saw the lowest price today coming in once again from oklahoma city. Theyre paying 1. 55 right now. Not too shabby. And so the debate about whether this should ultimately be a good thing for the u. S. Committee continues. Yes, it does. Jo and meanwhile, if you are ...
June 21, 2024
Cat. Its gone from being an animal thats adorable mans best friend to an animal that does whatever the heck it wants. Not just a house cat. Sometimes the darn thing is a tiger with a thorn in its paw. Like today when the dow punched 187 points s p tumbled 8. 5 and at one point the market was town almost twice that. I say you have to get used to this genius change here because its profound. You can train dogs. For the today show, matt by the way, im voting for wrangler. You cant herd cats. You ca...
June 21, 2024
Lot of movement there. Oil still in many ways, im going to say it, key to the market. Yes, yes. He agrees. Totally true. Im glad i i wasnt sure you would agree. There we are. Crude at 76, brent around 80. Big meeting this week. Big meeting this week as well. Our road map this morning and it starts with markets. S p looking to its 46th, 46th record close this year. The dow looking for its 29th. The nasdaq looks about 7 off an alltime closing high from march 2000. Yeah, i remember that. Gas prices...
June 21, 2024
Us can see but is a danger to us all. We are live as well in cuba as the dust settles there after yesterdays historymaking announcement to normalize relations. So whats business like there now . Michelle carusocabrera has gone in search of answers. First, though, lets go check in with sue at the nyse. Hi, sue. Hi, ty. And were at the highs of the day, as you said. A huge rally on wall street today. And basically its been two days that have taken us up about 3 , 600 points. We are at the high of ...
June 21, 2024
Nasdaq at 4,612. Trouble in russia. Russian stocks getting slammed. The ruble falling versus the dollar yet again. What is putins next move . Could there be another Russian Revolution . The former u. S. Ambassador to moscow will be with us. Oil shocker, which is at the root of russias trouble. Are we near a bottom. It was lower earlier. It rallied back just a bit right now. To sue at the nyse. And stocks are on a tear this hour despite fears about russia and its collapse in currency. Come on in,...
June 21, 2024
Yesterday. Oil Services Provider cut in half today down more than 50 . And the implications of why this stock is tanking may be much bigger than just this company. Right . Thats for sure bill. You can read about the man camps that they have built. The big activist investors, the fact they have wanted to be a reit and didnt happen. Perhaps a tax inversion candidate. That didnt happen. Touches on themes of 2014. Most notably, the drop in oil. Coming up another twist in the sony hacking saga. Now, ...
June 21, 2024
Global stocks on track since 2012. We begin with the final trading day of the month and quarter. Hong kong stocks closed lower amid continuing protests. Paypal will be spun out to its own publically traded security next year. The stock spiking this morning. We have more from ebay ceo john donahoe. Caseshiller home price numbers are out. Well talk with Robert Shiller first here on cnbc. Well discuss that decision by ebay to reverse course for something the company was articulating was not a good ...