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Transcripts For FBC Mornings 20240703

The east coast. Today, the Fourth Quarter is on. Markets this morning are higher by a fraction as cross the board as we begin the final stretch of 2023 on the first trading day of the Fourth Quarter. Dow industrials up 8 points, nasdaq up about 30 and s p 500 higher by 2 and a quarter. Earnings will begin to flow for the Third Quarter next week with the major banks leading the action. Stocks finished the Third Quarter under selling pressure, down about 3 on average, take a look. The nasdaq was down better than 4 on the Third Quarter, markets are still higher for the year with the dow industrials up a fraction, the s p 500 higher by 11 and two thirds percent for the year so far, and the nasdaq higher by 26 and a third percent yeartodate. The Third Quarter pressure because of Higher Oil Prices and higher Interest Rates. We see brent continuing elevated ahead of the opec meeting kicking off on wednesday, opec secretary general is joining me today at 8 45 a. M. Eastern. Right now, crude oi

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