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Transcripts For CNBC Squawk 20240702

86 points. If youre looking at the treasury market, this has been our big interest point. Right now it looks like the 10year is back where it was yesterday, not back above 5 even though yields are a little higher. 2year is at 5. 08. Crude prices around 85 a barrel this morning, wti is up 3 cents, and then crypto is on fire. If you check out sessions this morning i dont know why i say sessions. Bitcoin is always trading, never stops. Just above 34,000 this morning. Meantime lets talk about todays squawk planner. Boeing, norfolk southern, and tmobile. After the close well get reports from meta, ibm, and mattel. And as joe said, the drama continues for speaker of the house. Tom emmer ended his bid. Dozens of larms and former President Donald Trump expressed opposition to his candidacy, last night choosing mike johnson as their next nominee. A social conservative from louisiana. Hes a former analyst and radio host and served on president trumps defense team during his two impeachment trial

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Transcripts For FOXNEWSW Fox 20240702

Continue our life breaking News Coverage of the war in israel o americas late news, fox news night. 48 minutes now to summarize in jerusalem, day 19 of the war an breaking right now the pentagon says u. S. Forces in the middle east have now been attacked 14 times in just the past week for heat injuring two dozen u. S. Service members. Bill melugin has up information in moments, but we begin in israel where the Groundwater Ha yet to get underway, but the country is now defending itself on four different fronts including the sea. Lucas tomlinsons life ross in tel aviv with the latest on that. Lukas . Is really say they kill six hamas drivers is like. Is speaking alongside and war righted the world of the scanda of the october sevens massacre. October sevens, hamas waged war on israel. The worst attack the world has known since 9 11. For israel proportionally, it was like 29 elevenths. Israeli forces launching airstrikes in the last 24 hours killing several hamas leaders and including tho

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Transcripts For FOXNEWSW Special 20240703

Good evening. House republicans thought they had a new nominee for speaker till about an hour and a half ago. Take you to capitol hill and show you what happened. Also tonight, israels bombardment of Terror Targets in gaza is inten intensifying and e criticism of statementings by Theouted Nation Secretary General about the war here in the u. S. And concerns of Mass Evacuation of americans in the region. Jacqui heinrich at the white house on t teherans role in the attacks and new comments from the israeli hostages released yesterday. A short time ago the House Speaker race imploded again. Reporter good evening. Another day, another Speaker Nominee drops out. Tom emmer was the Speaker Nominee for only four hours and gop burned through three Speaker Nominees in less than two weeks. Tom is a great guy, but the voter base wants somebody not in leadership. Mr. Emmer agrees with me that the election was not stolen. He voted to certify. Reporter mr. Trump said voting for emmer would be a big m

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Transcripts For FBC Varney 20240703

The value of all publiclytraded stocks has gone up by 10 trillion in the last 122 months. That is a Wealth Creation machine like no other, and theres no pullback this morning. The dow can, its getting close to 40,000, real close actually, its going to be not much change to start the day. Same with the s p and the nasdaq is up a point. A tiny bit of green after yesterdays record closes. As for Interest Rates, well, theyre staying at lower levels. Well start with the 10year treasury, youre down to 4. 35 this morning and the 2career, thats a long way below 5 , 4. 77 right now. Bitcoin on the upside today, 66,000. Gold Holding Around 2300, 2400, 2383, to be precise. Oil still below 80 a barrel, 79. 34. No change for gas. Regular, 3. 60. Diesel is down one cent, 3. 92. Politics. The new fox Poll Shows Trump Holding a narrow lead overall, but he has a growing lead with key voting groups. Blacks, hispanic, suburban women and moderates. More detail emerging about the two candidates the two deb

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Transcripts For CNBC Mad 20240703

Nasdaq edged down. 26 , the star of the show was the Dow Jones Industrial average, which briefly crossed above 40,000. Hallelujah before pulling back a bit and closing down 39 points. Still, thats a huge leap from where we arrived at dow 30,000 back in november of 2020. So you know what . I think its worth exploring what stocks got us here and why. During this period weve constantly been told that tech is the market leader. But when i look at the top ten stocks up the most during dows trip from 30,000 to 40,000 very surprising group. Only two of them from tech. We also were told Interest Rates is all that matters but thats played a smaller role than expected too. Only the tenth stock really impacted. Instead its an odd grouping where the main thing these companies have in common is very strong exceptional management. Lets run them down so we can learn what the market really wants here. I need you to think about this even though we didnt close above 40,000, this is what matters. First i

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