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CNBC Squawk July 4, 2024 - Vimarsana News

CNBC Squawk July 4, 2024

Incredible month where you saw stocks continue to climb add that to year to date dow up 7. 3 . The s p up 19. 5 the nasdaq is up a whopping 37 . Lets put that in historic context. The year to date, you were talking about the nas ddaq with the best first months since 1975 held on to gains gave some back in the second past of the year up 30 by the end of the year. If you look at the s p, up 19. 5 . That is the best performance since the beginning of 1997. That year, s p up 28 . It ended up 31 . Adding to gains, mike, throughout the things. You look at this and look back the pattern in history is...

BLOOMBERG Bloomberg July 4, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 4, 2024

Before we talk about markets. Ecigarette maker juul, which, pardon the pun, almost went up in smoke last year, bankruptcy. Were hearing the company is seeking to raise about 1 billion here and it is working with jeffries to do that fundraising effort. The company had a bite had about 800 million in revenue in 2022. The hot headline is they are looking for about 1 billion in funding there. We will get you more details later in the show. That aside, and smoking is not good for you just in case, markets right now, not really up in smoke but we are coming up to lows in the day. Were down for a thi...

CNBC Squawk July 4, 2024 - Vimarsana News

CNBC Squawk July 4, 2024

Notched the first record close since november of 2021. It was up. 90 . It wasnt the only index to set a record. S p was up, too. The 14th record of the year. The dow broke a threeday losing streak and trading off. 75 . Nasdaq 100 set a record yesterday. If you look at treasury yields on this first trading day of march, you see the tenyear yielding 4. 227. Twoyear yield at 4. 58. And Congress Passed the shortterm funding bill sending it to President Bidens desk last night. It averts a partial Government Shutdown that would have happened this weekend. It is part of the broader bipartisan deal to...

CNBC Street July 4, 2024 - Vimarsana News

CNBC Street July 4, 2024

Reduced share count, we also announced we would increase our dividend by 10 . Hsbc first half net profit tops 18 billion more than doubling on the year before sending shares to the top of the stoxx 600 Ceo Noel Quinn says they will gain from the performance. If all goes to plan this year, we should be above the prepandemic level we are paying a flat 10 cents. Investors in high spirits as diageo posts a beat in full sales and operating profit the ceo says double digit net sales in beguinness is a driver for the group. People love guinness right now. And daimler helps offset pressure with the bu...

FBC Varney July 4, 2024 - Vimarsana News

FBC Varney July 4, 2024

Stuart dont stop me now. Queen. I would recognize that voice. I recognize that building, the empire state building. And the ugly brown next to it that we show constantly. It is 10 00 eastern. Lets get to the money. Theres been some selling today, not much, not as bad as yesterday, the dow is down 95, nasdaq down 11. 2 thirds of the dow 30 are down, one third up. Got to look at the 10 year treasury yield starting to move up, started yesterday, moving up more today, the downgrade does not help. 417 right now and that hurts the nasdaq. The price of oil, saudi say they will keep up their one Milli...