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CNBC Power Lunch June 22, 2024 - Vimarsana News

CNBC Power Lunch June 22, 2024

Seventh straight session. Dropping triple digits today. For the year the dow is actually down the better part of 3 . S p 500 is still positive for 2015. But its broken a technical level, slipping below the 200day moving average. Twice in the summer it has bounced on that. Will it do that from here . The dollar hit highs not seen since april, but if im looking at the screen to the right of me correctly, it is raised those gains and now in negative territory for the session overall. Despite that, Oil Continues to be under pressure. Prices down about 5 1 2 percent for the week. Oil light sweet cr...

CNBC Mad Money June 22, 2024 - Vimarsana News

CNBC Mad Money June 22, 2024

Rocket 200 points . First we were oversold going into todays session. The sellers have been so willynilly we were down seven Straight Days for the dow, something we havent seen in four years and that was back when we were in mired in political controversy. The sellers recognized they are destroying the stocks they are selling. And buyers step in. We were due for a bounce. We got it. Second we got the best of both worlds from china. China became part of the cocktail hour at the beach this weekend. But it rallied up hard last night. The soft data got people to think maybe the Chinese Government ...

CNBC Closing Bell June 22, 2024 - Vimarsana News

CNBC Closing Bell June 22, 2024

Throughout the hour. Other news, google, bright spot in todays tape. Not everybody is happy about the tech giants restructuring and changing the Holding Companys name to alphabet. We have someone who says these actions will come at the shareholders expense. He happens to be one of those shareholders and hell explain what hes talking about, coming up. As those shares still up 4 . A rare green spot in the session today. Yes. Cyber security meets insider trading. We have the details on charges against nine people allegedly involved in a multimillion dollar hacking scheme, coming up as well. That ...

CNBC Power Lunch June 22, 2024 - Vimarsana News

CNBC Power Lunch June 22, 2024

Is europe close. This often happens. We just had a horrible day in europe. Worst day of the year really. A lot of markets down 3 . You see just right after europe closed, closer to noon, the market came up and moved into positive territory. As for china, the etfs in china very heavy volume today. Doesnt matter what etfs, ashr, thats mainland china, the a shares. The second one is hong kong shares. All of them are down though not as much in hong kong as you can see. This is spilling into the emerging markets. A lot of activity in emerging market etfs. For example, indonesia has moved down in th...

CNBC Power Lunch June 22, 2024 - Vimarsana News

CNBC Power Lunch June 22, 2024

At the beverage company. A 19year cocacola veteran. Most recently president of the companys european arm. Shares are basically flat today. Year to date they are down a bit by about 2 . Sara eisen is with us live this hour from the new York Stock Exchange. Sara, this isnt only a story about coke today. A big controversy erupting over the Health Impact of the soft drinks. Yes. Scientists at the center of this weeks coke controversy is speaking out. Dr. Jaimes hill at the universiy of colorado says the recent media reports on his work vastly oversimplify a complex issue, he says, of fighting obes...