Page 2 - Keith Lerner News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Popping today. Plus, cisco shares popping after the biggest slump in years. And ready for walmart as it gets set to release results this morning. It is thursday, may 16th, 2024. You are watching Worldwide Exchange here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you for being with us on this thursday morning. We begin with stocks trying to extend yesterdays recordbreaking rally. One that pushed all of the major indices, including the s p 500, to alltime highs. Past 5,300 for the First Time Ever and the 23rd record close of the year. Right now, it looks like things may get ex...

People, the computers, the selling stocks, sell programs kick in, stocks go down and the computer orders up a buying spree and the stocks rise and the big guys made the money, the little guy squeezed out and theres nothing you can do about it, you dont have to like it. Look past the market and focus on the economy. Its doing very well, how is this for a sign of confidence . More people quit their jobs in december than any time in 16 years, you think when you think when you think you can do better elsewhere you quit, that is confidence. Stay there, please, all the commitment of the market comin...

The market is broken or bent. Give me a reason. That was intentional, wasnt it . Seema m owith the top stockso buy but first bob pisani. Last week you had your opportunity. And the markets have gotten considerably cheaper the multiple, forward multiple, price earnings multiple on the s p 500 has gone down considerably two weeks ago it was 18. 5. Thats historically high the 20year average is 16. At friday we were 16. 6, the lowest since the election. We crept up with the rally, 16. 9, but you get idea its getting cheaper now the big debate is with what weve seen here at the open today, are we a...

Is consist was this time yesterday the fed was not in a rush to raise investors interest rates. Crude reversing earlier gains after jumping 3 . The yield on 10year jumping to 2. 21 from 2. 14 late yesterday as demand for safe haven Government Debt declined. Look at that. Market the rallying in the wake of a banner day for dictators the world over. Starting in cuba, where president obama out of nowhere through in the towel for 50year battle for human rights and handing over spies as senator marco rubio said in exchange for nothing as we prove we are literally the worst negotiators of all time. ...

Tech stocks face diverging performances as Nvidia leads the pack, while Apple struggles, causing a profit cool down and an emerging asymmetry among Big Tech stocks, affecting the overall earnings potential in 2024.