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CNBC Mad Money June 22, 2024 - Vimarsana News

CNBC Mad Money June 22, 2024

Industrials roared because Warren Buffett brought a precision cast parts . Judge big todays action, dow plummeting 212 points, nasdaq nosediving 1. 2 , nobody remembers as all these positives were undone in one horrendous session for the bulls. Now, last night i tried to be skeptical if not down right critical about the rally. Suggesting it could easily be repealed as the week went on. I didnt know it would be repealed immediately. But thats because i didnt think wed be dealing with a chinese currency devaluation that makes their goods cheaper to export and our goods more expensive to sell the...

CNBC Worldwide Exchange June 22, 2024 - Vimarsana News

CNBC Worldwide Exchange June 22, 2024

Spotlight after the Central Bank Holds the market steady. They grab investors attention after they post the biggest weekly gain since early june. The german car maker speeds away from a long running probe into the failed take over of volkswagen in 2008. Welcome to the show. French gdp disappointing earlier coming in flat for the quarter. German gdp in line, a little below expectations. Italian gdp has just come in as well and that has disappointed too. The expectation year on year was for plus 0. 5 and has come in for the year but the expectation quarter on quarter was for plus 0. 3 and we hav...

CNBC Closing Bell June 22, 2024 - Vimarsana News

CNBC Closing Bell June 22, 2024

Time hour. Came out 20 minutes earlier than anticipated. It showed no clear sign of whether the fed would hike rates in september. We have Steve Liesman standing by to break down that data for us coming up. You know, i was going to say, these are two sides of the same coin in a way. Speaking of breaking down, take a look at oil, its down more than 4 today, its trading below 41 a barrel. Were watching to see if it punches through that 40 mark. Look how close it is right now. 40. 62. And the september wti contract, down almost 5 on the session. Again, were looking at lows since march of 2009. We...

CNBC Worldwide Exchange June 22, 2024 - Vimarsana News

CNBC Worldwide Exchange June 22, 2024

114. 8 versus the expectations of 113. 9 so slightly higher. Looking also at expectations in 102. 2 for the month of august. Thats in line for expectations and sil to what we saw in month of july. The greek crisis and political impact in germany at this point doesnt seem to have had a big impact on german business sentiment. Expectations for july at 102. 3. Lets get more on this. Joining us on the phone. A pleasure to have you on the show today. Will german business have to look elsewhere if china continues to weaken . That seems to be one of the Big Questions when i speak to economists. At th...

CNBC Squawk Box June 22, 2024 - Vimarsana News

CNBC Squawk Box June 22, 2024

Nearly 3,000 coming just in the first 90 minutes. The blue chip index closing down more than 500 points for the second straight day and over the last three sessions the dow and s p are down nearly 9 and the nasdaq is off almost 10 yesterday alone 685 billion is lost among market cap in s p 500 companies. Thats 100 billion more than apples market cap. If they dont tell you enough about the volatility check out the vix. Moving above 50 intraday for the first time. Check out the front pages of some major newspapers around the world today. Youre looking at sort of a full list of whats going on in ...