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CNBC Street Signs July 13, 2024

The country is leaving the bloc by the end of the month. Lebanons Prime Minister agrees to a series of Economic Reforms in an attempt to calm unprecedented antigovernment protests experts at the imf annual meetings raise concerns over negative rates in an exclusive interview with cnbc, axle weber warns Central Banks have lost their ways. In recent years, ecb loss of business has been much less policy, lost its distant to market they should guide markets rather than be in a standoff with markets about the future, and we have seen it in the u. S. , weve seen it here in europe well, good morning and welcome to street signs. Its monday. Waef lot to get through on the show today, but i just want to give you a quick recap of whats been happening with markets. The handover on wall street on friday was pretty negative we had all the three majors end the day in negative territory. Boeing was dragging down the dow. The s p is 1. 5 Percentage Points away from its all time high. Overnight in asia,

CSPAN3 House Judiciary Subcommittee Hearing On Online Data Privacy July 13, 2024

The subcommittee will come to order. The chair is authorized to declare recesses at any time. This one on the role of data and privacy in competition. I recognize myself for an opening statement. I should state the obvious, im not the chairman of the subcommittee. The chairman of the subcommittee will be here in a few minutes. Digital technologies have provided americans are a remarkable array of services. It has never been easier to share news and information, to publish content and communicate with loved ones. As with technological revolutions of the past this has up ended the balance of power across our country. Its important to understand how these imbalances are affecting americans. The committees ongoing oversight of competition in Digital Markets is a key part of this process. Todays hearing will examine the role that data plays in creating rolls of power and how this affects competition. As previous hearings have shown, its controlled by a small number of companies. They are pe

CNBC Worldwide Exchange July 13, 2024

Social network well tell you why it matters on tuesday, october 8 as Worldwide Exchange begins right now it is raining outside. The team is the song is called a fool in the rain. Good morning, good afternoon, good evening from wherever you are watching talk about one specific trade war casualty check out ambarella. Theyve got a lot of exposure to china. Now just 10 one company specifically that was black listed overnight as soon as people connected the dots between the black his of hick vision. This is an exact and specific example of how American Companies can get hit like that. Well get more on this and other stories. Trade likely to dominate trading again. Twists and turns keep coming futures right now, they are actually lower after a drop in the dow yesterday. Even with these drops we still remain within 2 of the alltime high it has been a daytoday story bonds, theyve been a big story. Yields, theyve been backing up at 1. 55 on the upside, looking at Mortgage Rates as yields come d

CNBC Squawk On The Street July 13, 2024

Set for another lower open with a rough start to q4. Wework has been jumped. Downgraded by 2 gnashes. And shares of stitch fix tumbles. Company forecasts a soft quarter ahead. Stocks continue their downward momentum today, a day after the ism Manufacturing Index fell to its lowest level in a decade yesterdays selloff erased the gains for 3q we did get Economic Data in the past hour. Adp says private sector added 135,000 in september that beats forecasts by about 5,000. There was downward revision to august, though, and refinitiv, jim says, adp estimated bls in eight of the last ten septembers well watch for friday right i do think that there is a pall cast over this market since the impeachment announcement every piece of data that comes out, instead of good things, bad things well talk about stitch fix. The quarter was Good Business is good they decided to invest uses the word invest over and over again in a Conference Call. Invest to make the business great. Everything that she said

CNBC Fast Money Halftime Report July 13, 2024

Off. Halftime report starts right now. Welcome. Good to have you with us today on this friday joe taranova and josh brown and the chief Investment Officer at boston prime wealth. Stocks are on pace for their worst week in a couple months and significantly higher this hour after the jobs number came in slightly lower than expectations and not as bad as feared josh brown, you told us we were due for a bounce and i guess we are getting it today nice reversal yesterday, too, by the way. Look, you look at when you get that oversold on the components of the s p. Yesterday pointed out only 8 of s p names were above their tenday moving average that is an extreme negative down turn for the market and everything that is washed out. Historically weve been able to bounce from that degree of oversold across the market the other thing is that a lot of the concerns from earlier in the week have been invalidated and the jobs report is just the latest example of that so, we get really negative on a dat

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