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FBC Mornings July 4, 2024

Process in the peach state after charges were posted online while the grand jury was still meeting yesterday afternoon. We will have the very latest all morning long. Secondquarter retailer needs are out, home depot is hitting the tape, the stock is moving fractionally higher, were you to get july retail sales, that comes out at 8 30 a. M. Eastern time. Everything that you need to know with the focus on the consumer and of course inflation and the pressures. Take a look at futures, it is read across the board will see if home depot can change the story since they are at dow component. The dow 148, nasdaq 58 change in nasdaq down by 18. Lets look at european markets, read across the board, the cac 40 and the dacs all squarely in the red. Into asia overnight, markets mostly that were there. The hang seng down better down 1 . President biden slammed for largely ignoring the devastation in maui after wildfires ravaged the island. Meanwhile he is planning another vacation next week. We are ....

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CNBC The July 4, 2024

Buying it. And growing cyber threats, new york spending big time, and one stock in the cyberspace up sharply. The name and ceo join us ahead first, the latest on the markets. For more, we turn to bob the july cpi was up 0. 2 month over month, 3. 2 year over year this is supportive of the soft landing and disinflationary trends 10 00 a. M. Eastern time, theyve been selling into the rally since. The s p was up almost 60 points. Almost flat right now. Dow up over 400 points, going towards the flat line. Nasdaq up over 200 points, it too down rather dramatically the russell 2,000 is now negative so take a look at the weakness here its semiconductors and tech so big names like nvidia and micron they were all trading up at the open, now negative apple, generally flat on the day. There are some pockets of strength a win is driving up all the casinos. Las vegas is still strong, thats good news the refiners, the marathon petroleum, phillips 66 keep hitting new hires, although oil is having a ra ....

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FBC Mornings July 4, 2024

About 200, nasdaq down 76 and s p 500 lower right now by 24. One of the issues is some weak earnings or forecasts. Ups for example beat on Second Quarter earnings but missed on revenue. The shipping company lowered the annual revenue forecast on soft ecommerce demand and reaching a labor deal with the Teamsters Union for 300,000 employees, Trucking Company yellow also filing for chapter 11 bankruptcy after years of financial struggles, growing debt. The Company Nearly 100 years old, had received more than 700 million from the Federal Reserve in aid during the pandemic. Greg, what do you think this tells us that yellow goes bankrupt, ups today has a weak forecast and misses on revenue . Is this a macroeconom ....

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FBC The July 4, 2024

President biden pushing his climate agenda on the Weather Channel amid a growing scandal, new allegations of biden family corruption. This white house, as larry has said, is in trouble. Lets bring in the power panel, congressman pat fallon from House Oversight, former u. S. Assistant District Attorney Andy Mccarthy Washington Examiner columnist byron york. Gentlemen, thanks for joining us. Congressman fallon, how big is this scandal . From well, it grows, you know, wider every day. We were talking last week, liz, and i said we could prove 17 million to the bidens, now its 20 million. And we have subpoenaed bank records seven times, and all seven times that number has grown. The latest the wealthiest wo ....

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CNBC Squawk July 4, 2024

5 chance it was so unlikely. You have children i have children. I have 12yearold boys who look up to both of these gentlemen and think of them as heroes. I dont want this to happen. This is a terrible idea. I think it would be fun to watch. Thats the appeal i get the appeal. Thats part of the problem you will see what will happen at recess after this. My concern is fighting after watching toy story. Lets show u. S. Equity futures at this hour were sitting here on monday morning and in the green nicely. 90 points higher on the dow. Nasdaq looking to open higher 7 points up. S p is up 17 points. Most importantly, more maybe not, we look at treasury yields as the guide to life right now, 4. 1 when you look at the 10year treasury the 2year treasury at 4. 846 you may remember where was the 30year with ackman statement . It was a week ago it was 4. 30 above where we are right now. Ackman last week or ackman in the pandemic last week oh. I dont know it peaked at 4. 30 last week it was in that ....

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