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CNBC Mad Money July 13, 2024 - Vimarsana News

CNBC Mad Money July 13, 2024

After an incredible session where the dow surged 223 points breaking through the key 28,000 level. While the s p gained 7. 7 . Six straight up week nasdaq raising on positive trade chatter. I think its within reach. We need to approach this with a certain amount of skepticism but theres a possibility. All that needs the to happen is that the chinese pay market prices for boat loads of pork and get an agreement that opens up their markets to our financial companies. Pork deal wouldnt even be much of a favor chinese need pork. Their pigs have been dropping like flies because of that swine flu. P...

CNBC Squawk Box July 13, 2024 - Vimarsana News

CNBC Squawk Box July 13, 2024

We havent seen for quite some time i can deal with two, three, i dont know eight if it is going up for the right reason it has been good so far there is a lot of floating rate stuff around tensions in hong kong escalating overnight. A flash mob. More than 1,000 people wearing office clothes and face masks blocked roads in the Central District as police fired tear gas as well as at two University Campuses carrie lam said that the protesters are selfish well continue to monitor the updates as they come in. Thats after yesterday when she said they are her enemy. Enemy of the people i think i am a...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

The wall street journal calculates that icahn will make 400 million if hes right. More on that in a moment. Lets get to the market. Down yesterday, and probably opening a little lower this morning. President trump says if china doesnt make a trade deal, he might raise tariffs even more. He also said hes very happy with china because the treasury has taken in almost 100 billion from tariffs. All right. The dow is going to open down about 80, s p down about 9, nasdaq down about 32. But all of them still right at record highs. In a couple of hours, really big meeting in texas. Apple meets the pre...

CNBC Squawk Box July 13, 2024 - Vimarsana News

CNBC Squawk Box July 13, 2024

Of december and november was a very strong month for stocks, even though you did see some declines on black friday youre looking at the best returns we saw since june for all of the major averages. Last week again, you did see some big gains too right now the dow, s p and nasdaq are still less than 1 to 2 of the intraday highs with these gains, youll see them challenging that as tom mentioned. Although, i also remember last the first trading day of december last year. Not quite as much fun. I still have some night mares about that. Would not be the only one with scars leftover from that. I thi...

CNBC Squawk Box July 13, 2024 - Vimarsana News

CNBC Squawk Box July 13, 2024

There. Chinese vice premier liu spoke with u. S. Trade representative Robert Lighthizer and treasury secretary steve mnuchin. The Ministry Says they discussed issues related to a phase one deal and agreed to maintain communication on the remaining issues in the phase one talks. So, we are still very much in phase one talks. Bumping up against that december 15th deadline, though. Right. When you are expected to see new tariffs go in. Right. Thats been the big question do they do it its obvious they dont want the tariffs put in will enough progress be made at that point to say, okay, we wont so ...