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CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

Pushed the dow into negative territory for the year. Joining the russell 2000 at this point. You got the dow industrials under pretty severe pressure. The s p and nasdaq up by 10 and 25 for the year, respectively. But they have seen their gains whittled away over the last several sessions too. The vix hitting its highest level since the turmoil in the regional banks earlier this year touched at about 20. Havent seen that in a while. Gr granted this is not the serious fear factor you get into, but we had an incredibly low vix for quite a while. Youre going to see that elevation, concerns about ...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

When the 2 00 p. M. Deadline came and went. We will see what happens. These are happening not necessarily at this level, but all over at more campuses yesterday. South florida. You know, if you are watching, it could be any university at this point. Im not surprised to see it happening. Crazy. Everyone comes to these conclusions at the same time at every university. Very strange. Media news. Something that is easier for us to understand, i guess. This is not easy. Bob bakish is stepping down. Me merger negotiations with s skydance continue. Cbs president george cheeks and showtime Ceo Chris Mc...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

Nasdaq up 27 . Again, the dow has been weak over the last several trading sessions. You are seeing the issues going on and the bigger deal is the russell 2000. It turned negative for the year yesterday. It is a huge pullback with the dow industrials and russell. All these pulling back with the potential for recession. These are the things we watch along with treasury yields and inversion in the treasury yield curve. Twoyear yield at an 5. 1 . Above the 5year and 10year and 30year. Those yields picking up is what we are watching. Yields are picking up because the economy is strong. Why is the d...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

The s p and dow. Nasdaq gains which it saw on friday. For the nasdaq and s p and russell 2000, it was the worst month in the year. For the s p and nasdaq with the dow slumping 3 . Nasdaq down 5. 8 for the month. Treasuries is the big picture. This is why we see the weakening. Treasury markets are picking up. 10year is now 4. 74 . The 2year treasury is up at 5. 11 . Mortgage prices are ticking higher. If you want a 30year fixed mortgage, you are looking at 8 . Check out the price of crude oil. Crude oil prices with energy back on the rise. Up to 91. 50 for wti. Brent at 93 a barrel. Joe talked ...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

Yesterdays gains related to treasury yields tapering off. Coming back down after really watching them march higher. Above 4. 6 . 4. 54 is the yield for the tenyear treasury. We have seen calming down at this point of yields. We will see where that continues. Late last night in washington, lets talk what happened. Republicans passed three of four spending bills in the house and a push to avoid the Government Shutdown. Lets go to Emily Wilkins in d. C. With more on it. Good morning. Reporter good morning, andrew. You are right. There was a little bit of victory for House Republicans. Lets be cle...