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CNBC Squawk Box July 13, 2024 - Vimarsana News

CNBC Squawk Box July 13, 2024

The market did give back gains we had seen earlier in the session. Part of what we had been seeing with wti prices. Oil prices up. Wti potentially having seen the worst. Talking about disney in a minute they are reopening disney shanghai on may 11 wti up 3. 5 . 23. 40 it has been a long time since weve seen these levels, andrew. It is joe, or becky. We may have to get tacos for joe at the end of the month. Dont worry about me, andrew. Thats like 6 for 12 tacos. What we have to worry about is the hypo allergenic malte opinion poo or whatever. I told you id be happier to see stocks higher so i c...

BLOOMBERG Bloomberg Daybreak Australia July 13, 2024 - Vimarsana News

BLOOMBERG Bloomberg Daybreak Australia July 13, 2024

Chairman. Lets get you started with a quick check of how markets are trading. U. S. Futures continuing to add to gains after u. S. Stocks rallied in the regular session. Vaped tech shares leading the gains. Alphabet optimism about the experiment of drug coming from Gilead Sciences. U. S. Futures gaining ground at the moment. This after the s p 500 rose in the regular session. We have some negative data when it comes to u. S. Fourthquarter gdp seeing the biggest fall since 2008. We did get the fed decision. We have policymakers holding rates steady. Wti also continued to add to gains after we r...

BLOOMBERG Bloomberg Markets Americas July 13, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Americas July 13, 2024

The focus has been on what is happening in washington. It was fascinating to see the fade on equities today. European equities are off session lows. We faded pretty precipitously earlier on. The pound is also off its earlier session highs and has certainly faded the early move. A similar story in brent as well. The initial burst of enthusiasm around that deal starting to ease back a little bit. The real question, this is just dealing with the here and now. Are we going to need further help from washington and other governments around the world to get the bounceback that may some people are loo...

BLOOMBERG Whatd You Miss July 13, 2024 - Vimarsana News

BLOOMBERG Whatd You Miss July 13, 2024

Bear market. You consider the fact of the last 13 days, nine of them we have seen a move greater than 3 . Today you have a move of close to 5 . 6 at one point. This after the move yesterday. This is clearly not normal and it does feel like we are trading in a bear market whether or not youve actually surpassed that. Certainly not normal. We havent had two backtoback gains in this market going back to february abigail taking a look at whats been happening in the markets right now, she is standing by to give us an update. Truly a brutal day for stock risk assets around the world but especially i...

BLOOMBERG Bloomberg Surveillance July 13, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 13, 2024

Gaining stoxx 600 are 0. 7 . Trying to still digest moves from the fed at super tuesday. We are getting data out of the euro area. It is coming in instead of the 52. 8 we were expecting. The eurodollar is unchanged. Lifts foring similar the s p future. Lets get straight to first word news in new york city. We begin with an update on the coronavirus. More than 50,000 people have recovered from the virus more been released from the hospital. The number of infections has risen. Now, to the spring meetings of the International Monetary fund. Will use a virtual format instead of holding the confere...