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BLOOMBERG Bloomberg July 4, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 4, 2024

That european equities are largely on holiday and think that trend does actually continue. The stoxx 600 is down by 1. 1 today. Theres a big china effect, but in this youre looking at names like hsbc, which has a u. K. Effect as well, but also a chinese effect. Plus some of the miners acting as a little bit of a drag. So stoxx 600 down, maybe moving away from that 460 level. The names that i think are actually interesting today speak kind of against that narrative. The european consumer seems to be alive and well right now. The u. K. Consumer seems to be alive and well right now, which is surp...

BLOOMBERG Bloomberg July 4, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 4, 2024

Guy as a markets reporter, lunch unch is something you never want to see. That is where the stoxx 600 is. But it is just above the 200 day moving average. Marks and spencer, intentionally going back to the ftse 100. There is a review going on. It was up 4 yesterday and today. It tells you about the consumer. Consumer is spending money. Admiral, here is another interesting story. This stock is up by 6. 9 . Its auto business is doing better. What is happening is renewal rates are going sharply higher. The inflation rate within the auto sector is high at the moment, being pushed through and stick...

CNBC The July 4, 2024 - Vimarsana News

CNBC The July 4, 2024

Sharply. Have buyers reached their limit on how much theyre willing to pay for a home but we begin with the market john, bottom line, were just off the lows for the day, down about 0. 9 for the s p and Dow Jones Industrial average weve been down 9 out of 11 days on the s p 500 if we close lower today. So that is very noticeable the dow industrials, being held up largely by defensive names. Some of the other sectors like banks and energy are on the weak side the nasdaq down there, 0. 8 . Were down about 5 off of the recent 52week highs of the nasdaq when you get more than 5 , the technicians st...

BLOOMBERG Bloomberg July 4, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 4, 2024

Ferro, Lisa Abramowicz and annmarie hordern. Jonathan lisa told me off last time we did this, lets get to the weekend. I will start every hour with that. Live from new york city, good morning for audience worldwide. It is payrolls friday, equity futures on the s p 500 positive by. 1 . The most important payrolls print since the last one, until the next one. Will a double down on the booming 353,000 of last month. Lisa we are positioned for heads i win, tails i win, ultimately no one is betting on a reaccelerating inflation growth and thats what we are expecting from the payrolls report. 200 k ...

CNBC Closing July 4, 2024 - Vimarsana News

CNBC Closing July 4, 2024

Here to discuss all that is adam parker, Research Founder and ceo, and a cnbc contributor. Adam, there were all kinds of reasons it made sense to anticipate a little bit of chop coming into august seasonals, sentiment, technicals, valuation, arguably, yields are doing what theyre doing, but Corporate America has kind of shown its hand on earnings for the most part this earnings season. Better than anticipated. The consensus is holding up on a forward basis. Where does that leave you in terms of whether, in fact, you know, the market can skate without much more of a correction i mean, if youre ...