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KNTV NBC Bay Area News At 6 July 13, 2024

See if they following the governor. Contra costa is not going with the kbov nors plan. San francisco and alameda has yet to sood. Dinein restaurants. As each day passes, the lifeline of the restaurant shorten. And experts are suggesting half of the City Restaurants will not survive. Here is more. Reporter tonight, a glimmer of hope for the dinein restaurants has been dashed. Still is in stage two. In the very opening, we are not going to eat in restaurants. Its particularly bad news considering the Golden Gate Restaurant Association said that france can lose half of its restaurants permanently. It doesnt just aplay to the bay area and now through the end of may, does not loosen any recollection restaurant restrictions. San Francisco Mayor was not offering more. Can we say those businesses will be o ....

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BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024

Still down. That is not eating into stocks. The reason why the tech heavy nasdaq is up higher is being helped out by the faang index. At this point the investors who have chosen to invest alongside the fed liquidity efforts and nuanced machinations. They are benefiting with stocks down just a little bit. Some of the stocks are helping out, the stayathome stocks, netflix reports tomorrow. Theyll be interesting to see whether the stayathome companies are benefiting from all of this. Some are making the point people might be at home, but if they are already a Netflix Subscriber it might not boost their numbers. David that is what i was going to ask. How much of this is an anticipation of some of the tech earnings . Abigail i do not they do it is in anticipating, i think it is the momentum for some of the stayathome stocks that they will benefit. One will be that the crisis will last much longer than expected and those stocks are ....

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BLOOMBERG Bloomberg Technology July 13, 2024

A slew of corporate earnings role in over the next few weeks. Ibm withdrawing its forecast. Have netflix for you tomorrow. Tech this morning buoying the markets. Is taylor riggs in new york, who has been following all of the back and forth. A wild day. Nasdaq up and down. Taylor firmly in the red on the closing bell. Nasdaq at one point in the green, then turning red solidly, off about 1 . What is going on in the oil markets. To goinute, i will try through some of the technicalities. It is the may contract up for expiration tomorrow. If you are a holder of the contract, tomorrow, you have to take delivery tomorrow. Thehad a massive selloff in may contract, at one point settling down at 37 per barrel as traders tried to unsettle may and roll that forward into the june and july contracts. A much better indicator of where oil is trading at the moment. A much better indicator but barrel. Ess 37 per it will be all about june and july going forward. Go tone contract could about demandl destr ....

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BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

U. S. Trading after west texas futures end in negative territory for the first time ever. Ups sees some light at the end of the virus tunnel. The ceo tells us ecommerce is almost thriving compared to traditional sectors. Lets take a look at the oil lets get to sophie kamaruddin, who is taking a look at highlights for us in hong kong. Sophie the relative resiliency of the markets we have seen of late have brought several benchmarks in the region of asia into bull market territory. That will be tested in the face of this oil rout. Futures. Eing mixed nikkei futures in chicago while kiwi stocks are extending mondays drop. Lets switch up the board to check in on signaling perhaps the recent optimism and equities may be unwarranted and this money, gold resuming losses but still closer to its high of the year than it slows that were hit in february and treasury futures are now unchanged after we saw the u. S. 10 year yield with alltime lows on monday and the dollar little changed as well wit ....

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FBC Varney Company July 13, 2024

The governor of california recommends the elderly should take shelter in their homes. New york city closes its schools. Many states close bars and restaurants. Hourly workers, in dire straits. The economy is grinding to a halt and we dont know how long this massive disruption will last. All right. Heres the financial reaction. This monday morning, stock futures are limit down and when we open an even bigger drop is expected. That may mean a trading halt. Travel and leisure stocks again beaten down. Airline stocks, decimated. Last night, the fed took emergency action, cutting rates to the lowest level since 2008 and pumping 700 billion into the Financial System. Were waiting for a rescue package from congress. Were waiting to see if the administration will put money directly into the hands of affected workers, helicopter money, for example, and into desperate industries. A kind of modern bailout. So whats next . We will find out ....

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