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KQED Nightly Business Report July 13, 2024 - Vimarsana News

KQED Nightly Business Report July 13, 2024

Wall street. Thats clear. The dow clod at a fresh record today. The s p eeked out an alltime p high,ting it on track for the best year in two dades. Today the d gained another 23 points. Now at 28645. The nasdaq slipped a bit its peak but still above 9,000. And the s p rose byce 11 s. And it nachd its fifth straight week of gainsow much of the focus this ek has been on the Technology Sector with the nasdaq breaking through 9,000fare the first tim yesterday. We told you which stocks helped power to that level. Tonight dominic chu looks at the stocks that could take it high sfleer stocks like mi...

CNBC Power Lunch July 13, 2024 - Vimarsana News

CNBC Power Lunch July 13, 2024

That is all ahead but we begin with seema mody and the Market Action today seema, it was record highs to start. Were not there yet, though. Yeah. Thats a great point, dom. Three hours left in trade. Take a look at the screen. Were actually losing a bit of steam. Nasdaq now down just about three points s p 500 higher by four and the Dow Jones Industrial higher by 64 points. Nasdaq, if it gets back into positive territory, it would be on track for its tenth consecutive close. That would be the longest strea since 1997 and it really has been a strong weak lets break down when stocks have been lea...

BLOOMBERG Whatd You Miss July 13, 2024 - Vimarsana News

BLOOMBERG Whatd You Miss July 13, 2024

Climbing the wall of uncertainty, but thats true for pretty much every asset class. A lot of folks talked about 2019 as the year of the rally for everything. If we look at highyield stocks along with gold futures, look at that huge gains. 36 for oil. Highyield treasuries, basically the best year since 2009, 2010, or 2011 depending on the asset class. One question on folks minds at this point what 2020 bring . A lot of strategists bullish on 2020 and what that could bring. If we look at charts on the terminal, we will see the s p five the s p 500 is overbought, well above 70. Some technicians d...

CNBC Closing Bell July 13, 2024 - Vimarsana News

CNBC Closing Bell July 13, 2024

Much as yesterday, of course, when it posted one of it best days since january joining us for the hour is mark tepper, founder and ceo of Strategic Wealth partners. And mark, you know, a rally like this going into year end has got to make your clients feel good but do you tell them not to expect the same thing next year . Thats absolutely the conversation were having with clients right now. I mean, it has been an awesome year markets are up about 30 all on the back of no Earnings Growth whatsoever. So its all been multiple expansion. Its all been an increase in Investor Sentiment so were telli...

Retailers jacked up prices and squeezed consumers. They might have just blinked - Vimarsana News

Retailers jacked up prices and squeezed consumers. They might have just blinked

Retailers are feeling jittery. Consumers aren’t shopping like they used to. In a game of chicken between stores and shoppers, it’s the stores that appear to be yielding first, by dropping prices on thousands of products.

Source: cnn.com