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Transcripts For CNBC Closing Bell 20240712

Year auction that has taken the wind out of the big Growth Stocks. 59 minutes left to go. Now just about 20 points away from a record on the s p 500 wilfred, we crossed over that level that would have been a closing high we lost a the lot of steam i know. We didnt quite make it and sold off near the close but doesnt look likely to happen today as things stand lots to come on todays show well hear from two key market voices as the s p 500 nears and pulls back and then hovers below that all time high dan niles and mohammed larian will join us well discuss the growing china fallout with Carly Fiorina lets start with the key stories were watching mike santoli is looking at the recent recovery in bond yields and joining us to talk about apple as they hit the new high is tony from Sanford Bernstein its really not that unusual for the market to hesitate for a while when it reapproaches an all time high. Although, it seems almost a little too cute the way its done the past few days really floa

Transcripts For ALJAZ NEWS LIVE - 30 20240712

Effort to develop a vaccine but numbers of infections from the virus continue to run its. Losing their homes and their livelihoods hundreds of thousands in bangladesh wait for much needed assistance amid rising flood gates. And mourning the conscience of Congress Civil rights leader john lewis lies in state of the west and. We begin in malaysia where in just the last hour a court has found former Prime Minister najib razak guilty on all 7 charges and this 1st trial links to the one m. T. B. Scandal on top was facing charges of criminal breach of trust Money Laundering abuse of power hes denied any wrongdoing and to faces several other trials its alleged hundreds of millions of dollars from the state fund made their way into hits accounts fonts louis joins us now live from Kuala Lumpur Florence are guilty across the board was this expected. Well i think the world the judge is basically in reading out his judgment and hes saying that the nut jobs defense lawyers were not able to show rea

Transcripts For ALJAZ NEWS LIVE - 30 20240712

Livelihoods hundreds of thousands in bangladesh wait for help in rising flood waters. Also logging on to learn a few can afford it most nigerian children are missing out as schools stay closed. But asias former Prime Minister najib razak has been found guilty of 7 corruption charges the verdict comes from the 1st trial linked to the one m. T. B. State Investment Fund scandal when he was in power and as you pointed used to die any wrongdoing and says he will appeal this 1st case centered on the transfer of nearly 10000000. 00 from a unit of one and d b into now personal accounts hes been convicted of abuse of power 3 counts of criminal breach of trust us and 3 counts of Money Laundering that he launched one n. D. B. As a state Investment Fund when he was Prime Minister in 2009 farms louise joining us live from kuala lumpur finds us talk us through whats been happening in court 1st of all. Well the judge took a couple of hours to read out his verdict and he found not guilty on all 7 coun

Transcripts For ALJAZ NEWSHOUR 20240712

Thousands in bangladesh wait for help in rising flood waters. And. And logging on to learn if you can afford it but most nigerian children are missing out to schools stay closed. Im joining us roscoe with a real Sport Major League Baseball games are cancelled after several players test positive for corona virus but the leagues commissioner is confident the season will not have to be cancelled. But start this news in malaysia where the former Prime Minister najib razak has been found guilty on 7 corruption charges the verdict comes from the 1st of 5 trials linked to the one n. D. P. Scandal launched the state fund when he was Prime Minister in 2009 the case centered on the transfer of new. 10000000. 00 into his personal accounts evidence in court showed a trail of money that paid for Home Renovations donations to Political Parties and a luxury watch for his wife hes been convicted of abuse of power criminal breach of trust and Money Laundering hes accused of stealing nearly 1000000000.

Transcripts For ALJAZ NEWS LIVE - 30 20240712

Waters end. And logging on to learn if you can afford it but most nigerian children are missing out as schools stay closed. His former Prime Minister najib razak has been sentenced to 12 use in jail after he was convicted of corruption the verdict was delivered in the 1st child linked to the one m. T. B. State Investment Fund scandal joining his time in power he was found guilty of all 7 charges and fined close to 50000000. 00 u. S. Dollars he continues to deny any wrongdoing and says he will appeal this is the 1st case centered on the transfer of nearly 10000000. 00 from a unit of one and d. B. Internet jeeves personal accounts is being convicted of abuse of power 3 counts of criminal breach of trust. And 3 counts of Money Laundering jihad launched one d. B. As a state Investment Fund when he was Prime Minister in 2009 ok lets go across to florence louie whos joining us live from kuala lumpur and just bring us up to date with whats been happening right so we know that the judge has se

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