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FBC Varney Company July 12, 2024 - Vimarsana News

FBC Varney Company July 12, 2024

That jobs news to end this holidayshortened week. Check the futures. The dow pointing to a jump of 459 points. Good for a 1. 75 gain. Strong gains on the s p and nasdaq. By the way, the nasdaq in record territory once again, led, guess what, by the big tech names that we follow so closely. All of these names right here are in record territory this morning. Lets begin with tesla, up another 9 this morning after reporting more than 90,000 sales last quarter. That absolutely blew away that word we dont like to say, expectations, and up the stock goes. 102. What a ride for tesla. Amazon, that stoc...

FBC Varney Company July 12, 2024 - Vimarsana News

FBC Varney Company July 12, 2024

That converted the selloff into a rally. Then came news that European Manufacturing is recovering rapidly from the virus lockdown. That helped the market. Look at it go. The dow is going to be up close to 300 points at the open. The s p, 31. The nasdaq, very solid gain, 70 points. Now, heres another reason for the rally. Big tech, it continues its run. You are looking at premarket prices for apple, microsoft, facebook and netflix, amongst others, all four hit record highs monday. The big tech surge dominates the market. Big tech is pushing higher. Investors this morning ignoring scenes like th...

FBC After The Bell July 12, 2024 - Vimarsana News

FBC After The Bell July 12, 2024

In the newsroom, Edward Lawrence is in washington and Ashley Webster is there as well. Well start with blake, who has the latest from the administration on china. Blake. Reporter melissa, connell, youre right. Just a little bit of cleanup from the white house last night after Peter Navarro made some comments suggesting that maybe the trade deal with china was off as navarro said at one point, its over. That forced the president to take to twitter to say, no, the deal with china is fully intact and larry kudlow in speaking with Stuart Varney earlier this morning said that the deal is being impl...

FBC Varney Company July 12, 2024 - Vimarsana News

FBC Varney Company July 12, 2024

Still not many people. We will be tracking this story throughout our three hours. Nearly half a Million People will be returning to work in the city. And they are returning to work, by the way, to a city whose mayor is pushing to defund the Police Department in the wake of the george floyd protests. A lot of pushback on this, as you can imagine. We will get into it. Including from the president. He tweeted this just moments ago. Law and order, not defund and abolish the police. The radical left democrats have gone crazy. And Hillary Clinton, by the way, well, shes had another deplorables momen...

FBC Varney Company July 12, 2024 - Vimarsana News

FBC Varney Company July 12, 2024

Comeback this summer. The Election Campaign getting back to Something Like normal. Its all part of the great opening up which continues rapidly. Georgia was the first. New numbers show that it has bounced back very very quickly. Its economy has. New jersey has lifted the stayathome order. New york city subways have seen a considerable increase in ridership. And the money from the government is finally flowing to business, and get this, Mortgage Applications are surging, too. Add it all up and it looks like a much stronger summer economy. That outlook helping the market. Caution, however. The F...