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CNBC Power Lunch July 12, 2024

Power lunch starts right now the s p 500 briefly dipping below 3,000. Bob has more on todays sell off. This is a very interesting day because its complicated we had a 70point swing in the s p 500. Wii right on the verge of going positive its not simple to say this is a day when the cyclicals started rallying the market is bit unsure of what to do. Just take a look at the dow leadership here. You say, look at all these industries rally here. 3m is up boeing is having a good day. Were seeing the other stocks. Raytheon is on the upside. You say the cyclicals are doing well thats not really the case look at the dow laggards, for example. You get defensive names like merck and pfizer caterpillar is still down. Banks are still down even though they are off the lows. You see its not quite simple to say the cyclicals are rallying boeing has been on a wile ride for weeks. It was 176 earlier in the day. Its been moving up and moved into positive territory. It was 155 two weeks ago it goes down t ....

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CSPAN3 Labor Secretary Scalia Testifies On Economic Impact Of COVID-19 July 12, 2024

Welcome, everybody, to our hearing. Both those in the room and those that arent in the room. Before we start, i think its important, again, to note whats going on all around us, and that is the acknowledgement of Racial Injustice that has gone on for far too long in our country. I certainly support those who are speaking out and making their voices heard in a peaceful manner to bring about change. While change does not always come easily, i want to remind those watching this hearing today that change is possible. In december 2018, the first step that i first introduced became law. And i worked in partnership with several republican and democrat senators. Senator durbin was the lead person for the democrats. This law is the most significant criminal Justice Reform in a generation. A lot of people didnt think it was possible but we did it by working together, in a bipartisan ....

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CSPAN2 Supreme Court Oral Argument In McGirt V. Oklahoma July 13, 2024

Oyez oyez oyez all persons having business before the honorable, the Supreme Court of the United States, are admonished to draw near and give their attention, for the court is now sitting. God save the United States and this Honorable Court argument first this morning, number matt, state mac, may it please the court, this the is revolves by decisions about sovereign rights are about congress to make an Congress Makes those decisions by speaking clearly with the decision below must be reversed because the text makes clear Congress Never terminated the creek reservation and never transferred federal your stiction to oklahoma. I have four basic points. First, t ....

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CSPAN Supreme Court Oral Argument In McGirt V. Oklahoma July 13, 2024

Decisions about sovereign rights are about congress to make an Congress Makes those decisions by speaking clearly with the decision below must be reversed because the text makes clear Congress Never terminated the creek reservation and never transferred federal your stiction to oklahoma. I have four basic points. First, the creek nation has the the texton, and expressly identifies the land as a reservation good nothing more was needed. Second congress did not disestablish that reservation. Congress considered the language that rejected it. Congress initially provided only for allotment, and then when congressional inaction wouldve dissolved the tribe, congress preserved the tribe for all purposes authorized by law. The backdrop of existing authority that legislate over legislation land. Those should be respected. Third congress did not transfer terminal jurisdiction to oklaho ....

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FBC Cavuto Coast To Coast July 13, 2024

Mind at 2280, it is still a double digit advance on the year, but its the technology falloff thats getting a lot of attention here. Its led by amazon but concerns as well that the Technology Sector is not immune from some of these issues and then we throw in oil, whats happening with exxonmobil and chevron, as expected, reporting some lousy numbers. Its all weighing on the markets this first trading day of the month. Here to detail that, jackie deangelis. Hey, jackie. Jackie good afternoon, neil. Thats right. This really highlights the fact that earnings matter when it comes to the stock market. You take into account the fact that these companies were reporting earnings that only account for about two weeks of the Coronavirus Impact and we wonder whats going to happen when we get the Second Quarter numbers. But am ....

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