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Transcripts For CNBC Closing Bell 20240712

North carolina, and ohio whether we will get a clear result tonight remains to be seen the tenyear note level higher than since early june. Banks among the best performing stocks in the dow and the s p. Oil prices are gaining ground but the Energy Sector is the only in the red. Overall a broad based strong day on wall street. Following gains yesterday as well lets get straight to the big stories we are watching. Mike santoli is here watching the market rally. And ylan moi is following the all important balance of power in the senate for us mike santoli, welcome. Good twoday run in the markets. It is inhabiting the ground we were in the last half of last week and gone right to the middle 3,400 is the middle of the long threemonth range. If you think about it it has taken two days to lift the indexes back onto a balanced footing. We were pretty oversold last week challenged and tested the september lows bounced off of that today. Mak ....

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Transcripts For CSPAN Health Care Law Supreme Court Oral Argument 20240711

This court construed section 5000 day of the Affordable Care even reate a choice, either adjust or pay the tax. In 2017, congress did not change sub a or b, it just reduce the amount of the tax of tax to zero. This still protects presents a choice, buy insurance and do nothing. That does not harm anyone or violate the constitution. Respondents insist that the 20 17th amendment to tear down the entire aca that rests on two untenable arguments, first respondents contend that congress transformed it into a command when it zeroed out the tax. That is contrary to this construction of the same tax, it is at odds at how congress and the president understood the amendments, and it would attribute to congress and intends to do exactly what this court said would be unconstitutional. Seconds, second, respondents argued that if this is unconstitutional, every other provision must also fall. The starting part of any remedial analysis would be ....

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Transcripts For KPIX KPIX 5 News At 11pm 20240712

Now at 11 00, for the first time, a bay area patient is diagnosed with coronavirus and the flu. Tonight, Health Officials say it should serve as a warning. Tonight an under ground fire burning just feet from a south bay freeway is flaring up again, the new information from investigators. With time running out until election day, activists in the bay area are trying to tip the balance in races far from home. Economists are calling it a she session, tonight, the devastating impact of the pandemic on working women. I think theres just something thats still kind of broken in the system. Good evening im ken bastida. Now on approximate kpix 5, amide fears of a possible twin demic the Health Department is reporting the countys first patient with the flu and covid 19. Kpix 5 joins us now from fairfield with the warning tonight from
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Transcripts For CNBC Squawk Alley 20240712

Suit in multiple states to stop vote counting. Heres a look at where things stand that hour. In the race to the 270 electoral votes to win the white house, according to nbc, Vice President biden has 253, President Trump as 214 we continue to await results from five critical states, pennsylvania, north carolina, georgia, nevada, and michigan. President Trump Holding on to the lead it is continuing to narrow as mail ballots are being counted the pennsylvania secretary of state will have an update next hour in arizona, President Trump narrowed the gap but biden is holding on to a 68,000 vote lead were still awaiting several hundred thousand votes in maricopa county, the most populous and diverse area in the state. A new count there expected to come later tonight and i ....

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Transcripts For CNBC Options Action 20240711

As they say. So professor coe has another shield to protect yourself with. Options action starts right now. Lets make more lets get right to it. Despite everything that has been happening, what a week it has been health care has been flat lining for much of the year but carter thinks its time to yell clear as the sector could soon get shocked back to life carter, you are a doctor you, too, have charts. Your prognosis lets see what it is. A couple of tables and charts. The first. What we know is sometimes one day says a lot what was the best performing sector the day after election day . Health care. Are there reasons for that sure maybe because obamacare is less under pressure maybe there will be less regulatory pressures for drug stocks but this week its the second best performing sector only to tech take a look at the next table. Is it a good sector . Of all sectors, it has the strongest top line growth of all sectors in the past three years. Revenue growth is 29 . How about valuatio ....

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