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Transcripts For FBC Varney Company 20240711

Trillions from washington, more printing by the fed, that is a shot in the arm for stocks. Look at this, the dow industrial is going up maybe 300 points plus at the opening bill. The s p up 33, nasdaq up close to 100 points. Investors are really shrugging off the new round of stay at home and lockdown orders. And restrictions, were new ones in new jersey, ohio and california. And, yes, another case of lawmaker hypocrisy. L. A. County supervisor sheila are cool voted to ban Outdoor Dining at restaurants and then promptly went out for an outdoor meal at her favorite restaurant in santa monica. Youd think theyd learn, wouldnt you . Weve got a big show for you. Were going to introuse you to monetary introduce you to monetary theory. You dont pay for anything. Youll meet the man who declared an autonomous zone around his bar. Now, that is defiance. And youll meet the california guy who is flipping burgers on the sidewalk because they shut his restaurant down. And today, yes, we have got a T

Transcripts For CNBC Squawk Box 20240711

The nasdaq up by about 120 yesterday was a down day for the markets. The dow off by about 270 points. But if you want to take a look at november hes historic gain, check this out, the dow actually up by 1. 8 for the month, that is its best month since january of 1987. The s p no slouch either it gained about 11 while the nasdaq was up nearly 12 november by the way was the best month for all of those indexes since april which was a huge month. Also small cap stocks were some big winners. The russell 2000 finished the month up more than 18 , 245ethas right, 18 in one month, the best month since that index was created back in 1984 so here we are heading into december and year to date, the nasdaq is the superstar, up nearly 36 the s p 500 is up by 12 and the russell 2000 up by 9 . The dow up by 3. 9 so fantastic november for all of these indices. Nasdaq leading the way in terms of year to date. Joe. Yep, coincident with the surge. Go figure. The second surge are you sure it is never too ea

Transcripts For KPIX CBS Morning News 20240712

Im anne marie green. Of course we are going to start this morning on the campaign trail with just eight days left. The coronavirus remains the biggest issue. Over the weekend, over 228,000 cases were reported in the u. S. According to Johns Hopkins university. Records were set on friday and saturday with 83,000 each day. Five aids to Vice President mike pence tested positive for the virus including his chief of staff and political advisor. Pence, who has tested negative, plans to campaign for President Trump this week. Nancy, how are the candidates spending these final days on the trail . Good morning. President trump will head to pennsylvania and joe biden will stay in delaware before traveling to georgia as we enter the final full week until election day. With with a week and a day to go, neither side is taking anything for granted. It is not over until the bell rings. We feel good about where we are. I dont understand how he plays. President trump spent the weekend in battleground s

Transcripts For CNBC Street Signs 20240712

With france reporting record infection rates as germany curfews go into effect in berlin and frankfort. President trump is back on the campaign trail after announcing he has fully recovered from covid, claiming he is now new. Well get rid of it all over the world. You see big flareups in europe, big flareup in canada, very big flareup in canada you saw that today a lot of flareups, but its going to disappear congressional lawmakers have rejected a white house proposal for a new 1. 8 trillion Coronavirus Relief package, as talks to reach a fresh stimulus deal before the november election remain at an impasse. The Trump Administrations plan would include aid for state and local governments and Liability Protection for business, along with 20 billion in support for the struggling airline sector. Senate republicans, though, oppose the plan in a weekend call with treasury secretary Steven Mnuchin and white house chief of staff, mark memeadows, saying they were not pleased with the high cost

Transcripts For KPIX CBS Evening News With Norah ODonnell 20240712

Growing and the death toll rising, nationwide tonight the nations leading Infectious Disease expert dr. Anthony fauci is issuing a sobering warning. The virus may never be fully eradicated. Now in an attempt to at least get it under control, several states including ohio, indiana and minnesota as well as the cities of baltimore and washington, d. C. , said they would mandate masks be worn nearly all of the time in public. And the n. F. L. Now says when it allows fans back into stadiums they will be required to wear masks, too. And tonight the u. S. Government says it will pay nearly 2 billion to two pharmaceutical companies in exchange for 100 million doses of a vaccine that is still under development. Now, if it works, the Administration Says americans would be given that vaccine for free or at an affordable price. As we come on the air tonight the virus has killed nearly 142,000 people in the u. S. And confirmed cases top 3. 9 million. Thats more than one out of every four cases in t

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