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CNBC Squawk July 3, 2024

Arrows on this final day of september trading and q3. Obviously tons in the news flow this morning. A lot involving inflation as core pce comes in 3. 9 year on year. Thats the first 3 handle weve had in some time. Were watching washington and the potential for a Government Shutdown over the weekend. The uaw expanding their work stoppage to a couple of the big three. This is all par part of the story and how we view the Fourth Quarter and the economy into next year. Are those shocks going to make an impact . You mentioned pce, the inflation number. Thats obviously the talk of the day on wall street and somewhat encouraging we saw that core number go below 4 from last year. Its 3. 9 . Jane fraser, the ceo of citi says were halfway there to getting inflation down. The second half can be challenging. We spoke to the white house, head of
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CNBC The July 3, 2024

Sector. Demanded december constrk the ceo joins us with what he is seeing now and what he expects from here. Lets start with the markets, though, and dom chu has the numbers. There is some green out there, kelly. Its a reversal, because we did see modest gains earlier. The dow up one half of 1 . 127 points to the upside, 33,679. The s p up about 30 points, three quarters of 1 gain. And just to put those moves in context, we were up 43 points at the highs of the session. Down ten points at the low. So theres your trading range so far, tilting towards the higher end of things. The nasdaq outpacing the whole market, up 140 points. One of the places to keep a close eye on is the oil market. You are seeing u. S. Benchmark is in the red down by 1. 5 . But at one point today, on an intra day basis, we did hit the highest levels going all the way back to august of 2022. Keep an eye on the oil prices. Again, lower for the day, but did hit the highest levels since august of last year at one poin ....

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P&O Cruises Australia pays tribute to local agency following news that iconic brand will fold

P&O Cruises Australia pays tribute to local agency following news that iconic brand will fold
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