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July 16, 2024
First week on the aflac chairman and ceo in a few minutes. We want to get the vaccine plan from the president , so lets look at the s p 500. It is now down 2 . 2 . It is on the heels of this News Conference being held at the administrations behest. The dollar index well above 100, and changed right now, and crude oil with a 29 handle in the u. S. Lets get a deeper dive into safe Market Action with taylor riggs. Taylor we want to start on tech stocks because there has been a few different actions...
July 16, 2024
Opening up like indonesia. It is broadly risk in in asia. Jakarta, a little slow at the get go. Singapore higher. Of 0. 7 . The china security journal says china may lower that mls. The hang seng up 150 points. The bondaction in markets overnight, especially when it comes to treasuries. Aelds in the twoyear fell to record low. Fund fed funds pricing in a negative policy rate. This is ahead of the u. S. Jobs. Bonds still up. Bit of ar taking a slump ahead of the jobs data as well. Crude, still be...
July 16, 2024
Lauren simonetti watching markets for us. Edward lawrence with new reporting from washington. Same story for Hillary Vaughn on capitol hill today for us. Lauren, lets begin with you on the markets . Lauren i cant hear but i can tell you what happened in the markets today. A lot of whiplash. The market was fixing positive news with negative news. The big news today was the fed stimulus, right . Also the numbers from the coronavirus seem to be improving. So at the end of the did i we cannot say th...
July 16, 2024
The s p is down 1. 9 . The only sector higher are the retailers, but in the s p, that includes netflix and amazon. Crude oil up . 43 right now, 1. 9 . The retailing index, up 1. 6 . Abigail doolittle is with us now for a deeper dive into the afternoon session. Abigail it is certainly a risk off tone with the across asset class check with stocks lower. A look at the major averages, the dow is down 2 , the s p 500 close. Interesting, the nasdaq is down just pointed percent after that big rally you...
July 16, 2024
Program. Democrats said it stops right there. They want added items that would no doubt be taken up in the house of representatives. Thereby substantially increasing cost of that. But the real catalyst for a lot of this as far as Financial Moves is no less than the Federal Reserve because 2. 3 trillion has been thrown at everything from the fed, shoring up support for small and mediumsized businesses to buying mortgagebacked bonds. Buying a lot of junk bonds. Just, anything they can get their ho...
July 16, 2024
As demand dips and price wars loom with brent reaching its lowest level since 2002. Awe quarry tet of eurozone banks scrap their proposal after the ecb wants to preserve cash until october in a bid to maintain liquidity the number of confirmed coronavirus globally has risen 723,000. The death toll has risen to 34,000 germany and france have started lockdown with germany. The number of deaths in italy has fallen for the second straight day tough restrictions remain in place. Elsewhere china says ...
July 16, 2024
New expectations about how long the covid19 crisis may last given President Trumps comments yesterday along with anthony faucis. Well talk about that in a little bit take a look at treasury yields this morning lets show you where the tenyear note stands right about now. Youre looking at 0. 367. The story we probably tonight talk enough about these days, lets show you crude prices because they fell sharply overnight. Wti crude now trading at 20. 53 if that was the only story around, youd think th...
July 16, 2024
States to withhold unemployment claims data. It is friday, march 20, 2020 good morning welcome. Im Morgan Brennan live at cnbc headquarters we begin with breaking news. Yesterdays gains. Futures pointing to a higher open with the dow pointing to open up over 844 s p posed to open at 98 and the nasdaq now up 358. This is after the futures market opened last night in the red weve seen a reversal there. It is the first day of a less than 1 move in trading in 14 trading sessions so it gives you an i...
July 16, 2024
Are 196 in Santa Clara County, the most in the bay area. San mateo county has 100 reported a San Francisco county with 76 contra costa with more than 40 and Alameda County with 35. Were also tracking the growing number of cases statewide the California Department of health released. New numbers tonight showing how cases really spiked each day this week we started with 3. 92 monday. And tonight there are more than 1200 cases statewide and this is attributed to ramped up testing this week Health O...
July 16, 2024
Indonesia as well has been the laggard when it comes to its performance against the dollar. That is also seeing some decent gains. We are up 4. 5 . Yesterday, we saw a stunning rally, jumping the most in 20 years. May just be a technical rebound given how extreme the drop had been before. Brent and crude, we are still seeing some decent gains. We could be in a freefall given the shutdowns we have seen across the globe. Australia. Hing the only laggard today, down about 1. 5 . Still has been a st...