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FBC Varney Company July 12, 2024

They will go through the issues and this is television where tone, style, emotion are very important. My opinion, bidens job to survive 90 minutes, holding his focus to making sure there are no serious gaffes. The president will no doubt attack his style but not come across as a bully he doesnt want to stir up the sympathy vote. Heres another opinion, and absolute catastrophe the media will declare biden the winner. Lets get to the market, pretty much on hold maybe waiting for the debate the dow is down 11 points, the nasdaq 1026, 25, s p down near two. Not Much Movement, Speaker Pelosi has proposed a 2. 2 trillion dollars stimulus plan and the house may vote on it, a key point in Sticking Point contains 436 billion for state and local government, the republicans do not want that, and 25 billion for the airlines, 30000 ai ....

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BLOOMBERG Bloomberg Markets Americas July 12, 2024

Richard we think the additional fiscal support will likely be needed. I think, it is very clear that the cares act, which passed in march was a historic government response to a historic crisis. A thrill that a 3 billion dollar package provided significant support to the economy. The economy has made a lot of progress, about 11 million jobs have returned, but there is a deep hole. Steve, theng us is portfolio manager. I wonder if you can piece those two things those two things together. It seems like there is still a rotation. Fed official after fed official are calling for more fiscal stimulus that we will not get. Steve i think we are going to get it, but not before the election, because i think it is a political football, and now you have the Supreme Court battle that will show us that will suck all of the air out of the room. After the election, or in the new congress if one side or the other scores a victory. You will get addi ....

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BLOOMBERG Bloomberg Markets Americas July 12, 2024

Spell the end of obamacare. Clinton spoke with the bloomberg number commented interview for todays bloomberg equality summit. Having this seat field right now as opposed to waiting until we know who the president is could very well mean the end of the Affordable Care act and the loss of healthcare for millions of americans who have suffered from covid19. Mark secretary clinton calls an unfortunate display of partisan power. C said she would not favor a strategy being discussed by some democrats to increase the size of the Supreme Court to dilute the conservative majority. Step tood that idea a far. You can watch this and more right here on Bloomberg Television and you can listen in on Bloomberg Radio and seymour on bloomberg see more on
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FBC After The Bell July 12, 2024

Reporter good afternoon to you, melissa. Lets look at the market as theyre settling out. The dow looks like it is finishing down by 524 points. You mentioned the s p 500, that is important too, down 8 1 2 from the record high on september 2nd. 3580. You see the s p closed to 3236. You mention what dragged us down, it was selloff in tech late in the day. Well get to that in a moment. There was optimism early on in the session with respect to coronavirus vaccines, Johnson Johnson entering the latestage three trial that was a little bit positive for investors to get their heads around but again look at these dow losers here. Sales force. Chevron. Apple was one of the big ones, amex and boeing. On nasdaq, losers, fedex, amazon, netflix, align and liberty global. It was a rough day when it came to some of these stocks. It was sort of stock specific and then dragging all the indices down together. Remember this has been choppy for the ....

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KNTV Today In The Bay July 12, 2024

Make your vote count. Today in the bay continues right now. And a good Tuesday Morning to you. Thanks for allowing us to be a part of that morning. Im marcus washington. And im laura garcia. Were going to check in with mike in just a moment. Lets talk to kari right now, the last, what, half hour of summer right now . Its almost fall and its going to be a really nice day. Were seeing some improvements except for the north bay youll still have to monitor the air quality and limit your time outside. Were going to see good air quality across the bay area as well see a nice, clear start to our morning. A look at walnut creek, our morning starts out with some upper 50s. Upper 70s by 1 00 today as you enjoy more time outdoors. A look ahead to the forecast for a hotter weekend coming up. Mik . The bay bridge is looking like its backed up. Metering lights are indeed on. That backup has been forming for just over ten minutes now as we look ....

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