Page 44 - P 1 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Why our traders are all sour about one iconic American Brands new name for its spinoff. Theyll corn pop off. What kelloggs did today. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, karen finerman, dan nathan, and guy adami. We start with the unstoppable rise in rates. 4. 7 for the first time in 16 years. It hasnt closed above that level since august 2007. Longer term bonds rallying, with the 30year hitting its highest since 2010. The move taking a hit on ratesensitive stocks. Look at the utility sector, seeing its biggest drop in three years, f...

Losses. Concern about luxuries that again. The bond market has taken something of a pause, but you get the sense investors are adjusting to the higher for longer narrative from the fed. Fed officials saying further hikes are likely. The focus on the Auto Industry in europe on the back of continued discussion about this probe by eu officials into chinese autos. A couple of individual stories barclays a stand out in terms of the upside in the banking sector. This bank listed in the u. K. Upgraded by Morgan Stanley for the First Time Since 2018. Prospects for that lender despite concern about the...

David President Biden making a historic visit to michigan becoming the first sitting us president to join the picket lines one day after Donald Trumps planned visit, a report from the wolverine state. Chicago crime getting congressional attention with a hearing in the windy city but democrats not showing up. We will hear from victims who want more help. Bad blood between the irs and those who resold tickets to seiler swifts tour, the new role that could end up costing resellers. I packed our ahead. Lets get right to it. Welcome to the show. I am Ashley Webster in for neil cavuto. President bid...

The equity front a little cautious. The countdown to be close starts right now. The countdown is on in europe. This is Bloomberg Markets european close with guy johnson and alix steel. Guy lets talk about the markets. Stoxx 600 down one or 2 . The new management did not really go well. Disappointment, expectations significantly higher. Underwhelm your do you do not want to underwhelm in this position. That is what is weighing on the paris markets today. There are single stocks that are on the move. The eurodollar is flat. We will wait. Stocks are doing absolutely nothing. Arm is down by 5 . Ip...

Katie theres a lot of right on the screen. Big tech also down 1 after the cpi figures with 10 year. Lets talk about that hot inflationary data slamming the door on the june fed pivot. Across the board this came in higher than expectations . Mike both headline and core was up. 4 which pushed up the year over year rate. A big disappointment to wall street. A disappointment to the fed. The fed has not moved its target rate since july of 2023. The inflation rate has stalled out. We have not seen inflation rise since then it has stayed roughly in the same place. It hasnt gone down and that is keepi...