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Transcripts For CNBC Squawk 20240704

The s p hitting another record high yesterday. The 16th of this year. The s p futures indicated up 12. Dow futures indicated up 27. Nasdaq futures are indicated up, too. This comes after gains for the s p and nasdaq of more than 1 . Pushing both indexes to record highs. Dow closing higher. It was up 130 points yesterday. A lot of this came after what we heard from jay powell. He was speaking again before congress and yesterday he said this is key. Yardeni pointed this out. Powell said we are waiting to become more confident that inflation is moving sustainably at 2 . It will be appropriate to dial back the level of restrictions. That is what the market heard. Not far from it. As a result, you saw treasury yields pull back. The tenyear yield at 4. 07 . The twoyear yield at 4. 49 . It is interesting because it is all based on inflation. We havent even any definitive proof that the economy is going to fall off a cliff. Maybe we can get that today. Maybe he knows something. When he said we

Transcripts For DW DW 20240704

Gauze, assessing the money to present to them. Thanks so much for joining us. The russian president Vladimir Putin has won tonight. So states that they risk nuclear will if they send troops to ukraine. He made the remarks in his annual states of the nation address, whos in one home to say that Russian Troops will be moved to west and russia, close to new nato members, finland and sweden. Excuse me. Glad to be a puts in has given his annual state of the Union Address just 2 weeks before the president ial election, despite facing no meaningful position via the announce social reforms under 10000000000 euro before low for us as health care system. But the more and ukraine still dominates the earlier this week, the french president emanuel mackerel refused to roll out the west, sending troops to ukraine, prompting a stop warning from boots in the menu of one second. So when you, when they should eventually understand that we also have weight bonsfield and they know its really tight. Just c

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