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Transcripts For FBC After The Bell 20240712

Three months, yesterday. So well sort through it all and some detail with fox Business Team coverage set up for you blake burman at the white house, he has news on the president. First throw to Lauren Simonetti on these markets. Lauren it was a weird day. It was certainly a volatile session, so the morning you had an 800 point rebound after yesterdays 1,800 point selloff we saw it evaporate by the afternoon and then come back again so late morning the Federal Reserve said its worried about a slow return to normal and permanent job loss and you can see when the market came down and then in the afternoon the cdc said a spike in new Coronavirus Infections may require prevention efforts like the ones we saw in march, so very volatile and what that volatility did was it pushed the vix, the fear index at one point above 43. At the bell this is the gains that we saw the Dow Jones Industrial average closing higher by 477 points the nasdac up 96, s p up 39 for the week, not so good all three ma

Transcripts For CNBC Power Lunch 20240713

Lets go to bob. Hello there are a number of reasons we keep rallying. The bottom line is for the moment generally the market is choosing to see the Glass Half Full whats the Glass Half Full a number of data points. We did have better than expected china export data. Thats pretty good news overall. Were in range bound territory but the trend is slowly on the upside moving to the upside. Lets review the data. Thats a data point we had generally were seeing reopening hopes. Were also seeing a mass i fiscal monetary stimulus most people believe the fed is real the fed put is real and hopes for improved treatments and vaccines Glass Half Full for today. Theres days when the market is glass half empty and they recognize the risks. You can see that in down days. Further downward earnings revisions. A third of the s p is given no guidance at all. Its hard to figure out where the multiples are. Flst concern it will get bogged down in partisan debate in congress we all need more fiscal stimulus

Melissa McCarthy is chic in a paisley print jumpsuit with a Gucci belt

Melissa McCarthy looked ravishing as she stepped out in New York City over the weekend. The 52-year-old Little Mermaid star stunned as she donned a paisley print jumpsuit.

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