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Transcripts For CNBC Closing 20240703

Fresh knew cycle high. Stocks were selling off until late morning when Hedge Fund Manager bill ackman, yields they quickly fell, stocks quickly recovered, the nasdaq today, the big outperformer, mega cap stocks took off. Take a look at the nasdaq up near 1 . That coming ahead of their earnings, which begin tomorrow with microsoft and alphabet, takes us to our talk of the tape. What if we really have seen the top in rates just as tech earnings are about to roll in. Could it be enough to get stocks back on track towards a year end rally . Lets ask jpmorgans Global Investment strategist with me here at post 9. Good to see you too scott. It is an interesting market move. What do you make of it. When we saw rates almost touch that 5 mark, they were basically at a buy at 4 , but 5 just becomes that point where you got to lean in now, and so, you know, hearing that
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Transcripts For BLOOMBERG Bloomberg 20240703

Bond yields dropping five consecutive days. This line from bank of america, no news is good news. There has hardly been any news. Today light on data, light on earnings, heavy on fed speak. Vice chair jefferson, governor cook, boston fed president collins. Tons more fed speak. Lisa this is giving you a sense of where we are in the cycle of data that we are focusing on fed speak as the leading issue because that is the only thing. Neel kashkari was so loud when he said his base case was staying on hold for a longer time. He raised the possibility of a potential rate hike but he talked about the euphoria of markets. There is an embrace of every disinflationary print we get and he thinks that is premature. Jonathan are we calling it euphoric . Lisa it is a bias to see things in the most disinflationary way possible. Jonathan disinflation the theme of the last week. Pushing back rate cut calls. September feels like the new june. This from morgan stanley. We remain bullish on our call for b ....

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Transcripts For RUSSIA24 RIK 20240703

Let me tell you, briefly about the main thing. At least seven people were killed after israeli air strikes on a residential complex in the gaza strip. Egypt, two people died, several more were injured. More than 30 thousand people remain without electricity in the voronezh region, due to bad weather, the region was covered by strong winds and rain the day before, a hurricane swept through the tula region, and nine private houses were damaged, 20 in the construction of a car. In belgorod, fallen trees blocked several streets. Residents of vikhorevka in the irkutsk region will receive assistance after a powerful fire without housing; about 50 people remained there; people are being helped to restore burnt documents. A temporary Accommodation Center was set up for them; a total of 13 houses burned down and 700 buildings, preliminary version careless handling of the orem. And more than ten people were injured during nato exercis ....

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Transcripts For RUSSIA24 RIK 20240703

We are in the hall of fame of the Victory Museum, where the names of 11,800 heroes of the soviet union and heroes of russia who were awarded these honorary titles for under are placed on marble slabs. Committed during the great patriotic war. In the middle of hall there is a tenmeter bronze figure of a victorious soldier. By the way, here on Poklonnaya Hill there is a mobile studio for our channel. From here we will talk about interesting important events of these holidays. This year russia celebrates the 79th anniversary of the victory in the great patriotic war. Commemorative events are held throughout the country, veterans are honored, patriotic events are held in museums and parks , and thematic exhibitions are opened. On the eve of may 9, victory day , Vladimir Putin has a busy business program. So today russian th ....

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Transcripts For BLOOMBERG Bloomberg 20240703

Christian all brick ulbrich joins in just a bit. I am Katie Garfield in new york. Welcome to bloomberg markets. We have a green start to the week with the s p 500 up about. 6 . If you take a look at the nasdaq 100, we are talking about. 6 . We have another big week of earnings coming up, so we will continue to watch these lines. Meanwhile, on the bond market it is a quite start to the week, the 10 year yield unchanged following a big rally. We are sitting at about 4. 5 percent. One stock we are keeping an eye on is apple after Warren Buffett praised the tech giant over the weekend. He said apple is better than American Express and cocacola. Despite that praise, buffett revealed he cut his stake in the tech giant. He said a lot of things about several different companies. Sonali he did. When we come to apple, that was o ....

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