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Transcripts For FBC Mornings With Maria Bartiromo 20240712

Protection of undocumented immigrant children. He calls it, quote, a shotgun blast to the face of conservatives. Is june teenth marking marking e official day of slavery in the United States and Many Companies making today an official holiday, more on that ahead. Big tech taking on commander in chief. Campaign says its a symbol used by antifa. On campaign trail put joe biden far ahead of President Trump as the president bushes for more live debates before the november election. And america together, meet a High School Principal going above and beyond to make sure his students get their diplomas in person, mornings with maria is live right now. European markets on the rise this morning, gains across the board, 1 to plus side in england and france, close in germany. Investor attention turning to European Union 840 billiondollar proposed program to help economies rebound after coronavirus. In asia overnight it was buying across the board, gains on all 4 major markets there. President trum

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Transcripts For FBC After The Bell 20240713

Lauren. Lauren very choppy. The dow was set up to be up five days in a row, 357 at the high. Closing in the red, s p is lower. It is on track for the best month since 1987. Nasdaq is the big loser. Technology down. Health care weighed overall. A lot of dow components reported today, four to be specific this morning. Only one of those,fieder actually reaffirmed, rare to do this, reaffirmed fullyear guidance but take a look at its shares down over 1 . Pfizer spending money on a coronavirus vaccine. It says one could be ready for testing next week for use by the fall. Also technology, investors are waiting Quarterly Results from the Big Tech Companies starting with alphabet. Any moment now they want to know how immune is big tech to coronavirus and how has ad budgets been slashed . Take a look here. Were seeing so many of the stocks been hit hard with the virus come back. Consumer confidence and a Regional Manufacturing report, completely nosedived this month. Still investors overall opti

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Transcripts For FBC After The Bell 20240713

Market. Lets kick it off with blake. Reporter hi, there, melissa and connell this is the first time in a month, you have to go all the way back to march when the president left the white house for an official president ial event. He has been on the ground in phoenix, arizona. He has been there 45 minutes or so. He visiting a honeywell plant that pivoted to produce n95 masks. Were talking about arizona as well that state could potentially be up for grabs in the election in november. Here is the president , as he was leaving for washington talking about the upcoming trip. I am going there for two reasons. I love arizona. I have a lot of friend in arizona. I have had Great Success over the years in arizona. I will pay my respect foss for honeywell, one of the Great Companies that have done a fantastic job for us so i look forward to it. Reporter aboard air force one the president tweeted a list of items he would like to see as possible next step relief measures, writing in a tweet, you se

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Transcripts For FBC After The Bell 20240713

Reporter hi there, melissa, with all of this talk about the potential reopening of the economy maybe here in the upcoming weeks President Trump took to twitter today to suggest he is the one who will have the ultimate say when and where that will happen. This was the tweet from the president earlier today. He wrote, quote, it is the decision of the president and for many good reasons, with that being said, the administration and i are working closely with the governors and this will continue. A decision by me in conjunction with the governors and input from others will be made shortly. However the constitution says that neither the president nor the congress has the authority to regulate for any authority rather, to regulate for health, safety, welfare or morality within a state. This afternoon new yorks Governor Andrew Cuomo said governors from the northeast would be working together to form a reopening plan in their area. Each state is going to name a Public Health official for that

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Transcripts For FBC After The Bell 20240713

From the white house, Lauren Simonetti on markets and. Lauren with, dow down 1000 points we start with you. Lauren good news t was off the lows of the session. This is ugly. What a way to start off the new month and new quarter. The dow down 973 points. Broad selloff. President said it would be tough new weeks. Number of Coronavirus Infections in the utz top 200,000. If investors were spooked they got more spooked. Boeing, American Express by the way leading the losses on the dow today. Setting the tone this morning was the private employment number. You know what . It is an old number. It only counted half of march before the lockdowns in states throughout the country. That was a negative number. It sets us up for what well see tomorrow morning, Unemployment Benefits. Those numbers, Goldman Sachs is saying we could see 5. 5 Million People file for first time Unemployment Benefits tomorrow. Five 1 2 million on top of 3. 3 million we saw the week before. So that is an ugly part of the s

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