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Transcripts For CNBC Power Lunch 20240712

With phase two of the reopening plan the top new york state Real Estate Broker will tell us what she is seeing on the ground and 30 or 40 stories up. Power lunch starts right now. We are about even on the advance decline line but its Technology Stocks to keep powering those names, particularly in the top 25 let me show you sectors here thats essentially at a historic high. Quibble about it. Also having a great time that smh the second one there but Everything Else is kind of lagging so even cyclicals like industrials and banks, even defensive sectors Like Health Care and Consumer Staples they are lagging the big cap Technology Stocks. We have new highs as you heard there at the top but a lot of it is basically mega cap stuff at new highs. Apple is at a high new microsoft, adobe nvidia these are all of the top 25 in terms of market cap. All of them well over 200 billion in market cap at new highs. The big market cap they drag the rest of the indexes along with them they are saying walma

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Transcripts For RT Boom Bust 20240712

Washington coming up markets are slipping on fears of a 2nd coronavirus wave and were here to break down the falling stocks in the future of the u. S. Economy plus as protests have swept the nation causing much of policy debate Corporate America has moved in and helped aboard the movement well discuss and later we take a look at the state of big coin amid the growing global unrest and whether we could see an upcoming surge with a packed show today so lets dive in. And we lead the program with the u. S. Equity markets in turmoil the dow and s. And p. 500 are both on track for their worst week in more than 12 weeks the news comes as investors react to several issues facing the economy including the Federal Reserves Economic Outlook which estimates u. S. G. D. P. Will fall by 6. 5 percent in 2020 despite expected growth in 2021 in 2022 now there is also data regarding the new weekly weekly jobless claims released thursday. By the u. S. Labor Department New unemployment claims were just ov

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Transcripts For RT Boom Bust 20240712

Later we take a look at the state of big coin amid the growing global unrest and whether we could see an upcoming surge with a packed show today so lets dive in. And we lead the program with the u. S. Equity markets in turmoil the dow and s. And p. 500 are both on track for their worst week in more than 12 weeks the news comes as investors react to several issues facing the economy including the Federal Reserves Economic Outlook which estimates u. S. G. D. P. Will fall by 6. 5 percent in 2020 despite expected growth in 2021 in 2022 now there is also data regarding the new weekly weekly jobless claims released thursday by the u. S. Labor Department New unemployment claims were just over 1500000 for the week ending june 5th and it should be noted that these numbers come in under the 1600000 new claims expected by economists polled by dow jones the number was better than the 1900000 new claims the week prior and. Then there is the fear of a 2nd corona virus way but some areas of the Unite

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Transcripts For RT Boom Bust 20240712

On fears of a 2nd coronavirus wave and were here to break down the following the future of the u. S. Economy plus have swept the nation causing much of policy debate Corporate America has moved in and hopped aboard the movement well discuss and later we take a look at the state of big coin amid the growing global unrest and whether we could see an upcoming surge with a packed show today so lets dive in. And we lead the program with u. S. Equity markets in turmoil the dow and s. And p. 500. 00 are both on track for their worst week in more than 12 weeks the news comes as investors react to several issues facing the economy including the Federal Reserves Economic Outlook which estimates u. S. G. D. P. Will fall by 6. 5 percent in 2020 despite expected growth in 2021 in 2022 now there is also data regarding the new weekly weekly jobless claims released thursday by the u. S. Labor Department New unemployment claims were just over 1500000 for the week ending june 5th and it should be noted

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Transcripts For RT Boom Bust 20240712

Washington coming up markets are slipping on fears of a 2nd coronavirus wave and were here to break down the following the future of the u. S. Economy plus its just us that swept the nation causing much policy debate Corporate America has moved in and how to board the movement well discuss and later we take a look at the state of big coin amid the growing global unrest and whether we could see an upcoming surge with a packed show today so lets dive in. And we lead the program with the u. S. Equity markets in turmoil the dow and s. And p. 500 are both on track for their worst week in more than 12 weeks the news comes as investors react to several issues facing the economy including the Federal Reserves Economic Outlook which estimates u. S. G. D. P. Will fall by 6. 5 percent in 2020 despite expected growth in 2021 in 2022 now there is also data regarding the new weekly weekly jobless claims released thursday by the u. S. Labor. Department new unemployment claims were just over 1500000 f

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