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CNBC The July 4, 2024 - Vimarsana News

CNBC The July 4, 2024

Well talk to one player in residential any commercial res and ask if hes feeling the same sense of optimism, but we begin with todays market and dom chu with those numbers. Its a bounceback from the down day that we saw on friday to kind of close out the week and we are green across the board for the major indices. The dow industrials is up 128 points and onethird of 1 and its the underperformer for the value blue chip index and 28,243 and up 38 points and three quartes of 1 gain and to put that in context at the highs of the session we were down 58 points up 37 at the lows. So again, a very p...

CNBC The July 4, 2024 - Vimarsana News

CNBC The July 4, 2024

Of earnings. The coo will join us as questions over the health of that sector linger as rates keep rising and mortgage demand keeps dropping, theres one housing name positioned to benefit from a rising rate environment. The ceo will join us ahead but we begin with the markets and bob is at the New York Stock Exchange weve been on a little tear lower the past few days, bob really the past two weeks so weve been trying to rally midday, thats a typical pattern. Then we just move down late in the day. We were positive earlier in the day. Take a look at the major indexes. The s p is down 10 of the ...

CNBC Squawk July 4, 2024 - Vimarsana News

CNBC Squawk July 4, 2024

Yesterday. 4. 23 . If you check out the price of copper, copper ended at the highest settlement since october of last year. This morning, it is off 1 . Watching that copper closely because it is a signal of expectations for global manufacturing. Japan central bank raising rates for the First Time Since 2007 and ending the other easing measures. This is the longest easing from any central bank. They were the lfirst to go in ad the last to come out of the easing. It raised the rate to 0. 1 . That was up from negative to 0. 1 . The yen trading at the lowest level of the year compared to the dolla...

FBC The July 4, 2024 - Vimarsana News

FBC The July 4, 2024

Of china casting a dark cloud other its economic output. Industrial production, meanwhile, coming in weaker than expected and, oh, yes, china unexpectedly cutting rates by 15 basis points. All kind of negative headwinds. Now on the other hand, strong data guest canically not helping Investor Sentiment either. Retail sales rose more than expected showing that the consumer here in the u. S. , very resilient. But you know what thats codes for, yep, the feds could have to keep rates longer for high higher can higher for longer, rather. [laughter] Neel Kashkari saying today we are, quote, a long wa...

CNBC Squawk July 4, 2024 - Vimarsana News

CNBC Squawk July 4, 2024

A quarterly beat despite increasing costs Berkshire Hathaway including d. R. Horton and lennar weve gotten another warning from fitch, this time the Rating Agency telling cnbc it may be set to downgrade dozens of banks that could include jpmorgan chase. Lets begin with the markets. A lot of credit card data said retail was going to come in strong here. Look, the fed has tightened we know that i dont want a big jackson hole boom, but the economy the consumer is strong the enterprise is strong the weakness is, what, in trucking, in some really bad retailers . David, at times you have to play a g...