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CNBC Squawk Box July 11, 2024

Welcome to squawk box. Im Andrew Ross Sorkin along with joe and melissa lee, becky is off the s p looking to open about 12 points higher. Well explain why some of this is happening and lets show you treasury yields as well the ten year note right now looking at 0. 931 . But maybe a little bit of an explanation coming up here, melissa . Yeah, some optimism Mitch Mcconnell said that compromised deal was within reach and well get a live report from washington at 6 30 a. M. And we heard it before, but it seems like btoth sides are comig a little closer. On a much lower number. And im just thinking about, i dont know, andrew, what did we do to deserve this i mean we are living right or i mean, who ushered in the new week on squawk box on monday who is helping us usher out the week that was on squawk box . A monday and a friday. Is this46 w was this planne melissa, what did we ....

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CNBC Squawk On The Street July 11, 2024

Open, but the dow currently having its best monthly gain since january of 1987. That ev revolution, it is rolling on in the stock market tesla tops half a trillion dollars in market value for the first time shares of nikola sinking this morning. Covid surge, cases and hospitalizations at record levels why experts fear thanksgiving could be a socalled accelerator event. Lets get your take on where you think sentiment is now i saw you writing yesterday about the fear and greed, pointing more to the greed. People are there is a belief phase in this rally that has probably started this comeback from march, eight months ago, ishas fed on disbelief. Between the seasonal forces being strong and the clearance toward this post covid moment with the vaccines, it all did come together. Also, though, with the grab for cyclicals, laggards, anything that moves fast, anything that seems like it was really dented up by this whole phase, now, sentiment, it is not a moment in time people say, all too bu ....

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CNBC Squawk Box July 11, 2024

Down days for the markets. Right now s p down by about 11, dow by 96, nasdaq off by about 47 we were so close to you dow 30,000 earlier in the week, but that seems to be slipping away a little bit 29,400 and change is where the dow is right now and again, down two days in a row, down again this morning and after yesterdays declines, all three of the major averages are in negative territory for the week a lot of things happening with covid and well talk more about that in a moment, but some of those concerns creeping back into what you see in the markets. If you are looking at the treasury market, the yield on the ten year right now is sitting just at about 0. 852 and the vix also spiking yesterday, probably a little bit on concerns about what happens as we go back into some of the lockdowns. The seesaw of good and bad news on covid. And well give you a bit of good news that happened overnight in the vaccine wars developed by the university of oxford and astrazeneca found to be safe. An ....

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ALJAZ Inside Story July 11, 2024

There will be the money to fund it. And we do know there has been a confirmation already from the department of defense that that transition has already begun in order to ensure that u. S. National security remains on track something. That was a grave concern to many of the top Security Officials in the United States. Given the fact that donald trump was dragging his heels and essentially blocking this transition from taking place, they argued putting u. S. National security at risk. The International Air transport association is predicting the industry is on track to lose more than 150000000000. 00. Thats after the number of passengers plummeted from 4 and a half 1000000000 in 2019 to fewer than 2000000000 this year. The theo paean government says to gray and Re ....

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CNBC Power Lunch July 11, 2024

There, about 30 points, 25 points now below that benchmark. That is in part thanks to boeing, that is the dows gain that stock is up about 7 after one of its biggest customers, ryan air, near lily doubles its order of the plagued 737 max plus texas roadhouse that stock is up 200 since the march lows can you say that about many other restaurant chains . I dont think so also near its record high, the ceo, ken taylor, will be with us interesting, engaging guy. Hes going to tell us how he pivoted the business to thrive in this new normal as power lunch starts right now. Hi, tyler. Hi, everybody. Stocks are off the highs of the session but all the major averages are on track for their second week in a row in the green. Lets go to bob pisani for whats driving us higher today im a little disappointed with the action. The comments a stimulus deal was in reach helped early on but has done nothing in the afternoon. Were moving in a narrow range, kind of flattish all the right stuff is moving. De ....

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