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FBC Mornings July 4, 2024 - Vimarsana News

FBC Mornings July 4, 2024

It is thursday, august 10. Your stop stories right now, 6 00 a. M. On the east coast. Inflation data on deck, the Consumer Price index is out this morning. Year over year expectations up 3. 3 . Futures right now indicating a gain at the start of trading, weve got full analysis from market experts and all star panel this morning. Markets are higher across the board. Dow up better than 185. Check out shares of disney this morning, the stock is higher despite reporting a mixed quarter for the second quarter. A loss in disney plus subscribers and rise in streaming prices. Disney shares among the m...

FBC Mornings July 4, 2024 - Vimarsana News

FBC Mornings July 4, 2024

The july Producer Price index out at 8 30 a. M. Eastern on the heels of a muted day yesterday. The do nasdaq is down 45, s p lr by 7 and a quarter after the july Consumer Price index showed a higher yearly rate than last month, we brought you the numbers yesterday. Yesterday markets were down by the closing bell. Some on will street say inflation levels could signal no rate hike at the september Federal Reserve meeting but President Biden is pushing for more stimulus, requesting congress approve an additional 40 billion to address what he calls Climate Change and a need for more aid to ukraine...

FBC Mornings July 4, 2024 - Vimarsana News

FBC Mornings July 4, 2024

More focused on it than the fed is because the fed basically sort of ignores cpi because they prefer ppi to cpi. Sorry to go word salad after talking about kamala harris. But the fact of the matter is that the most important number to me right now is 85 and thats how much a barrel of oil is right now. Which means that were probably headed to 100, more than were heading back to 70 and 70 is the breakeven point where the spr was going to be refilled. I think right now oil prices are going to be the leading driver and then if you look at last fridays jobs report, you notice that 4. 4 was the year...

FBC Mornings July 4, 2024 - Vimarsana News

FBC Mornings July 4, 2024

And with Second Quarter earnings season slowing down a little, were going to discuss why some analysts think this was one of the worst quarters for companies in years. Take a look at the european markets, they are trading lower across the board this morning, see the decline on the dax, down 57 points. In asia overnight, a little bit of a similar picture, markets were mostly lower with the exception of the nikkei, faxal moves there. President trump calling for the recusal of the judge in his election case as he asks for the trial to be moved to west virginia. Hear what state attorney general Pa...

FBC Mornings July 4, 2024 - Vimarsana News

FBC Mornings July 4, 2024

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