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Transcripts For CNBC Closing Bell 20240713

Before but investors remain bullish. We are on record close watch for the three major averages, as we stand, the nasdaq and s p pretty comfortable. The dow just higher, though, by only 0. 1 . Industrials the only sector in the red. Consumer discretion. Joining us, josh brown from Wealth Management. Well done. What did i say . Im not sure. It was cute. I got close enough. Lets stay on track nasdaq, dow, s p. With almost nothing in the red at all. Its bigger than that 52week highs for the slf. Bank sector. Very, very key incredibly bullish Consumer Sector spydr. Look at the usual suspects, xlk. Off the radar things that are happening thats really interesting. This might be because enough tax law selling has already occurred or traders are anticipating the end of that. Some of those highprofile ipos that blew up this summer and fall are starting to make meaningful moves off ....

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Transcripts For BLOOMBERG Bloomberg 20240704

Caroline bitcoin hits a fresh record since its peak in november 2021. We will have coverage of the market and those meme coins in the rush. Lets first check in on these markets. Bitcoin is up, but the rest of the market trying to digest some of the runup we have seen. We focus in on mixed Economic Data today. The u. S. Showing some Services Weakness and we look ahead to testimony from jay powell, his semiannual experience in terms of the politicians. What will the grilling mean . How much will he be reticent to say that they are looking at those rate cuts anytime soon . We are looking at 1. 8 down. I want to focus on what is happening in china, the tradenames in the United States with a Golden Dragon index, off by 1 as we see a
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Transcripts For BLOOMBERG Bloomberg 20240704

Morning. This bloomberg surveillance. More than a decade since the last one, s p Global Rating the gene the top rating for u. S. Of america. Fitch follows up after the close yesterday with this quote, the written downgrade of u. S. Reflects the expected physical deterioration over the next three years. The erosion of governance relative to aa and aaa rated peers. Whether it is justified, and if it matters, are two different questions. Lisa i would agree as this is the second Major Company to downgrade u. S. From aaa rating. The response arbitrary and based on outdated data. That is janet yellen. Larry summers the idea that it is a decreased default risk is absurd. Here is the question, is there Something Real behind this in terms of how much Interest Rate expenses are ....

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Transcripts For BLOOMBERG Bloomberg Surveillance 20160401

Tom totally agree. Over the last two or three years, jobs has been pushed aside by the Global Economy, by the dynamics, even with brexit coming up, theres a whole host of issues coming up. Weve got the right guests coming up from u. B. S. Francine well have break news the last halfhour on china. The ministry of finance fighting back the rating downgrade that we broke on surveillance yesterday. Now lets get to the news. Francine, thank you so much. In washington, the focus is on Islamic State. President obama will try to rally interpret support for an effort to keep terrorist groups from getting a Nuclear Material and other weapons of mass destruction. Theres growing concern Islamic State may target nuclear tensions. Tensions over the south china sea. Indonesia will ....

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