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Transcripts For FBC Kennedy 20240711

Point out the historic nature of that. Watch. That number, that is a sacred number, 30,000 but doubly thought they would ever see it. That is the ninth time since the beginning of 2020. And is the 48th time that we have broken records during the trump administration. Kennedy now that is fantastic news if you have money in the market or a 401 k , was just over for 2 of americans do. Theres other reasons to be optimistic. The vaccine means things will soon return to normal, whatever that is. But heres the problem. If your company is dead or dyin dying, or you are out of work and about to lose your home, the stock market and vaccines seem totally irrelevant. So what is the story and how can we emerge from this like a phoenix from the ashes . Or are we on the precipice of something worse than a right riddled pandemic. Joining me tonight professor of business, he is a Fox News Contributor it is brian brenberg. Welcome back. Hey kennedy good to hear your voice. Before we lets have some bran

Transcripts For FBC Kennedy 20240711

Point out the historic nature of that. Watch. That number, that is a sacred number, 30,000 but doubly thought they would ever see it. That is the ninth time since the beginning of 2020. And is the 48th time that we have broken records during the trump administration. Kennedy now that is fantastic news if you have money in the market or a 401 k , was just over for 2 of americans do. Theres other reasons to be optimistic. The vaccine means things will soon return to normal, whatever that is. But heres the problem. If your company is dead or dyin dying, or you are out of work and about to lose your home, the stock market and vaccines seem totally irrelevant. So what is the story and how can we emerge from this like a phoenix from the ashes . Or are we on the precipice of something worse than a right riddled pandemic. Joining me tonight professor of business, he is a Fox News Contributor it is brian brenberg. Welcome back. Hey kennedy good to hear your voice. Before we lets have some bran

Transcripts For CNBC Closing Bell 20240711

Work and no relief in sight. Speaking of relief, the top democrat in the Senate Chuck Schumer has republican Majority Leader Mitch Mcconnell agreed the rekindle talks about a stimulus package the senate is on recess through next week. We will speak with Colorado Governor Jared Polis who just moved 15 counties including denver into level red restrictions he is also part of a group of governors speaking with president elect biden this weekend. Plus we will talk with the ceo of the National Association of manufacturers who is working with bidens team to help fight the pandemic today we have with us mike santoli, steer liesman mike, the broader markets are well off the lows as we speak. They are. Kind of a little bit of an aimless back and forth type day. Absorbed a little bit of a morning selloff. Didnt do any real damage it has been firmly bid, especially with son of the bigger nasdaq stocks coming back. Holding the indexes together relatively well. As we speak, the s p around 3,580. Tha

Transcripts For BLOOMBERG Bloomberg Technology 20240711

Disney earnings smashing expectations. With disneyland closedend movie theaters dark, can streaming make up for more bosses ahead . Peloton has been the pandemic diving with a new campaign in a partnership with beyonce. And waitvaccine news times. We will talk about it all later this hour. Amid spiking cases today. The s p 500 sank as new york y prepares for the possibility of closing at schools while chicago issued an advisory, urging residents to avoid leaving home except for work and other essential activities. Abigail doolittle has been following it all. How . Does this impact the markets . Abigail it was a bearish day at the end of the day as investors some of the news around the virus. It is clear it is surging in the u. S. Before we talk markets, a lot of movement after hours. Some of those movers you were talking about. Disney is surging. A blowout quarter. Like so much, it is a story of the haves and the havenots. Media was up 11 . Theou were indicating, studio is down 52 and

Transcripts For BLOOMBERG Bloomberg Technology 20240711

Theaters dark, can streaming make up for more losses ahead . Peloton has been the pandemic diving with a new campaign in a darling with a new campaign in a partnership with beyonce. Still plummeting on positive vaccine news and bikes have long wait times. We will talk about it all later this hour. U. S. Stocks slumping amid spiking coronavirus cases. The s p 500 sank as new york city, the early epicenter of the pandemic in the u. S. Prepares , for the possibility of closing schools while chicago issued an advisory, urging residents to avoid leaving home except for work and other essential activities. Abigail doolittle has been following it all. How did this Impact Market moves today . Abigail it was a bearish day at the end of the day as investors took to heart some of the news around the virus. It is clear it is surging in the u. S. Before we talk markets, a lot of movement after hours. Some of those earnings movers you were talking about. Disney, this stock is surging. A blowout quar

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