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Transcripts For CNBC Closing Bell 20240622

Crude down 21 in july. That makes this the worst month since 2008. As you can see exxon shares down 4. 5 . Chevron down 5 today. Coming up. Labor posted the smallest increase on record in the Second Quarter. They started keeping the data in 1982. We will hear from somebody who predicts a september rate hike is off the table. We found somebody who said it may not be. Our segment which is taking a toll on the consumer. We will hear from Royal Caribbean ceo whose companys stock is hitting an alltime high after beating expectations today. A lot to get toompt lets get to the crude oil, this miserable month. The damaging effects of the oil collapse on earnings. Good afternoon. Let me talk about the settle for crude oil. 4712 to give you perspective. The Second Lowest weekly close that we have seen this year a very bear signal to traders and down 21 on the month. Its worst month since october of 2008 in the heart of the financial crisis. Lets talk about the earnings because traders did not li

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