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FBC Varney July 3, 2024 - Vimarsana News

FBC Varney July 3, 2024

And heres the story. New jobs, stunning. 336,000. Thats way beyond any of these expectations. This suggests the labor market is still strong. The fed is probably not going to like that. The Unemployment Rate, no change, 3. 8 . Now, heres the market reaction, dramatic. The dow industrials down about 200 points. This is the premarket, of course. And the nasdaqs down 176. S p also sharply lower. Plenty of red ink. Interest rates immediately jumped on the news. The 10year treasury is now up to 4. 75. Its the all over the place, actually. Just a few moments ago it was almost 4. 80. And the 2year, 5...

FBC Varney July 3, 2024 - Vimarsana News

FBC Varney July 3, 2024

Star county, texas, but border czar mayorkas says theres an immediate need of physical barriers. Perhaps the president is trying to look good just as republicans embarrassed themselves. The wall announcement came just as the matt gaetz fiasco rolls on. Without a speaker, the house can do very little and will have to wait until next week to replace Kevin Mccarthy. Expect the democrats to exploit the republican dilemma. Conservatives not going. Got nothing. The rapid rise in treasury yields has fueled a stock market selloff. This morning those yields are pulling back with. Were down to 4. 73 on ...

CNBC Closing July 3, 2024 - Vimarsana News

CNBC Closing July 3, 2024

Thats where were going to start, because thats where the pain was being felt, but now services green, financials green, tech green, health care is green, as well. We were going to say tech was mostly lower, the gain in nvidia not enough, but as we said, the situation continues to change which is why we have to watch this final stretch is closely. Our talk of the tape, when will stocks stabilize . Are they in the process of doing that. Is tomorrows jobs report the key . Do we have to wait for earnings or beyond that. Lets ask the Wharton School professor Jeremy Siegel who joins us from philadel...

BBCNEWS World July 3, 2024 - Vimarsana News

BBCNEWS World July 3, 2024

Between 5. 25 and 5. 5 . Months ago, many had forecast that this rate would be ready to cut around now but the latest Inflation Figures have dampened expectations as prices rose at 3. 5 in the year to march, which was higher than the february figure of 3. 2 . The feds target for inflation, like most Central Banks, is for 2 . So still some way to go. And those price rises are feeding into some wider negative sentiment. The latest report from the economic think tank the Conference Board shows that Consumer Confidence is falling with people more downbeat about future business conditions, jobs and...

BBCNEWS Asia July 3, 2024 - Vimarsana News

BBCNEWS Asia July 3, 2024

It faces fierce domestic competition in china along with softer demand. Remember, tesla is not just a car company. It is an Autonomous Driving and robotaxi company with massive amounts of data needed to train its algorithms and fine tune the system. Meanwhile, apple has seen iphone sales fall in china and that will be in focus when it reports Quarterly Results after the us market close on thursday, as will any announcement it makes on Artificial Intelligence. Another stock that has the power to move markets this week is amazon which turns in its report card later today. The tech giant is under...