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Transcripts For BLOOMBERG Bloomberg Markets 20240622

Streak since january but are rising on better than forecasted earnings and we have lots of earnings to go through. Andre talking about china how it stabilized one chinese plunged after lower sales, trading almost 20 lower from yesterdays close. Its the biggest loss since 2009 for the company. Moving onto oil and gold we have seen a commodities route. Oil prices are rebounding and oil is trading near a fourmonth low. Down 19 still trading near the bear market of 20 territory from its may peak. Pimm lets take it check of the treasury market. There is little bit of selng on bonds. The 10 year is 2. 25 . This is over the past week and we can see a decline in the yield meaning the prices were a bit up. The intraday is moving a little bit higher with selling in the 10 year coming as the Federal Reserve began to two day meeting to consider raising Interest Rates. Lets take a look at the dollar and major currencies the euro is losing ground against the dollar. Poundn is stable and the sterling

Transcripts For KQED Nightly Business Report 20240622

Swooned 8 1 2 its biggest one day dive in more than eight years. While you may not own any chinese stocks the continued volatility does matter to investors like you. Its reigniting fears in the worlds second largest economy. A number of big u. S. Companies from caterpillar to whirlpool express concern about the slowdown in change in a, there are new worries about the effectiveness of beijings efforts to prop up the market. By the close, the Dow Jones Industrial average suffered its first fiveday losing streak since january falling 127 points to 17,440. The nasdaq dropped 48 and the s p sank 12. What triggered the big global selloff. Mainland china stock markets equities plunged more than 8 . Thats on signs that beijing may be backing away from supporting the market while concerns over Economic Health soured sentiments even further. The largest list of companies, fell 8. 6 . While the shanghai composite lost 8 1 2 as you see here the drops were the biggest since february 27th 2007. Inve

Transcripts For KQED Nightly Business Report 20240622

Swooned 8 1 2 its biggest one day dive in more than eight years. While you may not own any chinese stocks the continued volatility does matter to investors like you. Its reigniting fears in the worlds second largest economy. A number of big u. S. Companies from caterpillar to whirlpool express concern about the slowdown in change in a, there are new worries about the effectiveness of beijings efforts to prop up the market. By the close, the Dow Jones Industrial average suffered its first fiveday losing streak since january falling 127 points to 17,440. The nasdaq dropped 48 and the s p sank 12. What triggered the big global selloff. Mainland china stock markets equities plunged more than 8 . Thats on signs that beijing may be backing away from supporting the market while concerns over Economic Health soured sentiments even further. The largest list of companies, fell 8. 6 . While the shanghai composite lost 8 1 2 as you see here the drops were the biggest since february 27th 2007. Inve

Transcripts For KQEH Nightly Business Report 20240622

Swooned 8 1 2 its biggest one day dive in more than eight years. While you may not own any chinese stocks the continued volatility does matter to investors like you. Its reigniting fears in the worlds second largest economy. A number of big u. S. Companies from caterpillar to whirlpool express concern about the slowdown in change in a, there are new worries about the effectiveness of beijings efforts to prop up the market. By the close, the Dow Jones Industrial average suffered its first fiveday losing streak since january falling 127 points to 17,440. The nasdaq dropped 48 and the s p sank 12. What triggered the big global selloff. Mainland china stock markets equities plunged more than 8 . Thats on signs that beijing may be backing away from supporting the market while concerns over Economic Health soured sentiments even further. The largest list of companies, fell 8. 6 . While the shanghai composite lost 8 1 2 as you see here the drops were the biggest since february 27th 2007. Inve

Transcripts For BLOOMBERG Bloomberg Surveillance 20240622

This morning could be more crucial than most. The Federal Reserve will decide whether to raise Interest Rates. No change is expected in the Unemployment Rate, now 5. 3 . We will break down the numbers on bloomberg tv as soon as they are released. The first republican president ial debate could be revealed, that the party is a house divided. The top 10 candidates in the latest polls skirmished last night for a National Tv Audience on fox. Is there anyone on stage who is unwilling tonight to pledge your support to the eventual nominee of the Republican Party, and pledge to not run an independent campaign against that person . We are looking for you to raise her head now if you will not make that pledge tonight. Mr. Trump . Tom was that fair . He set him up so bad for that. Vonnie pretty amazing. Brendan all three moderators really went at donald trump. Vonnie i have to read out his answer later on. It is hilarious. The first of 12 president ial debates. Brendan it is going to be a long y

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