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CNBC Fast July 3, 2024 - Vimarsana News

CNBC Fast July 3, 2024

Unemployment rate rises slightly. Yields fall. Stocks surge. Is it really any more complicated than that . Its not. And, you know what, i thought we had i wouldnt call it a Perfect Press conference from powell, but i think we had a really, really good one, and i would say very dovish. So you take that, you take the report today, and thats why the market is up. The market has been up the last few days, and, frankly, now that were out of the woods, at least for now, and were always going to be, like the fed, data dependent, you sort of have the all clear Going Forward because theres nothing real...

CNBC Closing July 3, 2024 - Vimarsana News

CNBC Closing July 3, 2024

Names like cocacola, pepsi, hit especially hard. We will focus on all of the green because thats really the story today. Nasdaq, another spot to take note of today. The outperformer as well this week. Even apple up nicely despite the midweek downgrade a strong week for alphabet and nvidia as well. Take a look at those three, having pretty good gains. Leads us to our talk of the tape. Whether the storm clouds for stocks are about to pass, as earnings season kicks off in earnest next week. Lets ask tom lee. Fund cofounder and head of research. Welcome back. Good to see you. Its been a while. Gre...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

We have a mega deal in the oil patch. And is it the time to buy tech . Citis upgrading the global tech sector, suggesting a recent pullback might be a good opportunity. Well talk through that as well. Lets dive into the jobs number. As we said, 336,000. We were looking for somewhere in the 150,000 range, jim. Hospitality, up 96. Government, up 73. You cant stop this thing. Hospitality is very interesting because a lot of the people feel the travel and leisure bull market ended two months ago, and yet its just the analysts. Because whether it be cruise, hotel, restaurant, the numbers are great....

CNBC The July 3, 2024 - Vimarsana News

CNBC The July 3, 2024

Makes him so bullish. This name just delivered a strong quarter, strong guidance, the stock is up 3 , but its a crowded space. The closest competitor just entered the public market. The ceo is not worried, not pulling any punches, either. Hell join us live ahead. We begin with the markets with dom chu. Its red and getting worse. Were just near session lows right now, and the dow industrials, that means a 414 point decline, 1 to the downside. 37,971. The broader based s p 500, 5,065 the last trade there, down about 1 , as well. And to give you perspective, at the highs, were down 353 53 poi at ...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

Worst down by 1 the nasdaq off by. 6 . The s p down by. 50 lets take a look at treasuries now. You can see at this point the tenyear yield at 4. 68 yesterday on that data that we got at 8 30, the twoyear moved above 5 we have the pce number today squawk planner two reports before the opening bell chevron and exxonmobil in the next 90 minutes. You see two big interviews after those reports. Darren woods will join us at 7 30 eastern time this morning chevrons c, o mike wirth will be on at 9 45. Po we will get key Economic Data at 8 30. Core pce is expected to rise without food and energy. That i...