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CNBC Squawk July 4, 2024 - Vimarsana News

CNBC Squawk July 4, 2024

Nasdaq higher, 20 points s p 500 up a little over 1 point. This comes after declines for the major indices in yesterdays session. Dow, s p and nasdaq each closed lower by 1 . The s p 500 closing below its 50day moving average for the First Time Since march 28th. Look at treasury yields. See where theyre standing right now. The tenyear note at 4. 182 and the twoyear at 4. 908 , just below 5 . The tenyear yesterday hit 4. 2684 core inflation remained at 6. 9 , unchanged from the prior month, slightly above forecast. Pay growth continued to pose headaches for policymakers as wages grew 7. 8 in th...

CNBC Squawk July 4, 2024 - Vimarsana News

CNBC Squawk July 4, 2024

Vix at 16. Jpmorgans point this morning was typically, you have the s p down two plus maybe a dozen times since covid. Couple of those were in the depths of covid but generally, its when the vix was about 20 unless we get a shock, maybe the selling is going to end soon if youre looking for why today, theres a slew of reasons. Started overnight in china with weaker Economic Data across the board even though we got a rate cut there, which should be supportive top data in the u. K. And in the u. S. , the data was mixed retail sales, a lot stronger but markets quit trying to figure out whether goo...

MSNBCW The July 4, 2024 - Vimarsana News

MSNBCW The July 4, 2024

State of the Union Address. Our Special Coverage begins two hours from right now. The beat with ari starts right now. Hi, nicolle. See you soon. See you soon. Welcome to a Special Edition of the beat on State Of The Union night. You know how it works. Were looking at the capitol where people will be gathering soon. This is the final State Of The Union of the president s first term. They could not be sure that these primaries would be over or what else would be happening in the country when they scheduled this, but the primaries did functionally end yesterday, as nikki haley dropped off republi...

BLOOMBERG Bloomberg July 4, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 4, 2024

Country seems to be fueling some kind of negative sentiment worldwide. Tom i agreed to start there for the western world. Its not just about china. There disinflation, we dont need a bunch of charts this early in the morning but the vector of deflation and disinflation in china from the beginning of covid and they did covid differently than we did but im sorry, its disinflationary and get you down to a run rate of a positive 1 even with the present deflation and thats not good enough. Jonathan at the same time, the western developed markets are finding inflation and we had deflation in china a...

BLOOMBERG Bloomberg July 4, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 4, 2024

On tv and radio. Im Jonathan Ferro. Tk taking a break, equity market soft, down a 30 on the s p 500. The bowls on wall street getting more bullish. Now looking for 4900 on the 400, the price target set at the end of december. He was bullish and right to be. He raises his price target. City are looking for 5000 by the middle of next year. It is record high watch on the street. Lisa and the potential for a 28 gain this year, the biggest going back to one to 19. Can we get the start of a new bull market given some of the increasing credit contraction, the softening in Economic Indicators check ou...