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CNBC Squawk Box July 12, 2024 - Vimarsana News

CNBC Squawk Box July 12, 2024

And joe santoli. Joe and andrew are off today with the storm and everything going on, thank you for being here it was one nasty storm. It did a number when you think about businesses dealing with a lack of power, it is like the plague coming down well start this morning with the markets. Nasdaq with the fifth straight positive day up 22 for the year to date. Pretty good day for the dow and s p. S p indicated up close to 20 points the dow up close to 200 points and the nasdaq up as well. The treasury story has been incredible yesterday, the 10year note at a record low this morning, the yield is...

FBC Varney Company July 12, 2024 - Vimarsana News

FBC Varney Company July 12, 2024

New claims actually rose. And 17 Million People are still drawing Unemployment Benefits. I believe thats a negative for the overall market. Get to that in a second. Look at this. Amazon, apple, google, facebook, the day after the top executives took a pounding from the politicians, these stocks went up during those hearings. They are down in preMarket Action this morning. Hold on. All four of these giants will report their earnings later this afternoon. This is big techs big day. My opinion, these Companies Need blowout numbers to sustain their very lofty stock prices. Watch it unfold at 4 00 ...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Pepsicolas earnings this morning. Gina martin adams of Bloomberg Intelligence has been absolutely dead on on the earnings surprises we are going to see off the glue. Pepsi off the gloom. Camecame in al in almost flat. Futures up 18. Onathan futures positive the s p by 0. 6 . Cfohing up with the pepsico a little later on. This thursday, the ecb will be meeting. This coming weekend, european leaders get together. That is a huge focal point. Lisa the frugal five coming out, trying to push back against 750 billion euro programs. The fed very much and focus this week. We get a slew of fed speak ahe...

BLOOMBERG Bloomberg Markets Americas July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Americas July 12, 2024

Airlines. States added into the quarantine list in the tristate area, and that is affecting airlines. Twitter is up 2. 9 . A little bit of a tease early on, a tweet from jsck saying f everyone inthat it america wore a mask, they would add a like button. Lori heinel is with us now. While we looked like we were seeing a selloff, we are now fighting for a take a lower in the markets. Is there anything to upset this market trajectory . Lori there is plenty to be concerned about. Everyone is certainly watching covid cases and whether those continue to accelerate. While we are likely to see optics i...

BLOOMBERG Bloomberg Markets Americas July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Americas July 12, 2024

Growth play so it doesnt make sense but we will break it down. Guy we are getting some data out of the United States, wholesale inventories month on and that number has been trending lower. Trade sales coming through significantly better than anticipated, 5. 4 . The prime number was really ugly and that was 16. 9 which has been revised slightly higher but this is late data so in the rearview mirror. The claims data is more highfrequency. We got that earlier on, a little better than anticipated, lets break it down. Were looking at jobless claims coming in above one million for a 16th straight w...