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Transcripts For CNBC Closing Bell 20240711

Work and no relief in sight. Speaking of relief, the top democrat in the Senate Chuck Schumer has republican Majority Leader Mitch Mcconnell agreed the rekindle talks about a stimulus package the senate is on recess through next week. We will speak with Colorado Governor Jared Polis who just moved 15 counties including denver into level red restrictions he is also part of a group of governors speaking with president elect biden this weekend. Plus we will talk with the ceo of the National Association of manufacturers who is working with bidens team to help fight the pandemic today we have with us mike santoli, steer liesman mike, the broader markets are well off the lows as we speak. They are. Kind of a little bit of an aimless back and forth type day. Absorbed a little bit of a morning selloff. Didnt do any real damage it has been firmly bid, especially with son of the bigger nasdaq stocks coming back. Holding the indexes together relatively well. As we speak, the s p around 3,580. Tha

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Transcripts For KNTV Press Here 20240711

Small companies you might not have heard of doing things you might not quite understand or at least thats true with me. I want to focus in on one area in particular called natera out of san carlos. The company has created a series of tests that can detect the recurrence of cancer. Sometimes years faster than an oncologist will catch it on a ct scan and it is done with a vial of blood. Steve chapman is the ceo of natera. Good morning. While your Company Makes most of its money from something called panorama, this is a noninvasive prenatal test, i want to start with this issue of cancer. You are detecting cancer, the return of cancer to be specific, the dna of a tumor which youre finding essentially in a drop of blood. Have i got that description pretty close . Thats right, scott. Thanks for having me. We developed a new test we call signatera. Were sequencing the entire tumor and making a personalized test for every single patient to track their tumor in the blood. The test has shown so

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Transcripts For CNBC Closing Bell 20240712

Well in many states. Businesses are holding back from spending amid the pandemic and stimulus talks appear to be at a standstill once again with leaders from both sides accusing one another of moving the goal posts in the negotiations. Unlikely we will get a stimulus before the election. 59 minutes to go, dow down 2. 2 . Lets get to the stories we are watching right now as stocks fall sharply mike santoli is tracking the market selloff for us. Which parts he is watching in particular meg tirrell digging into the latest covid numbers mike, whats the broader take on what is happening today average bit of a rethink on a mull pent fronts the idea that covid might cause more business disruption last week the s p 500 was skirting this boundary between this sort of breakout level we had and around 3,400 we are actually below that right now. Did a little bit of damage s p and the nasdaq fell below the 50day average the s. A. P. Warning probably evented the nasdaq from doing a better job of sup

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Everyone is safeguarded and is as safe as possible. But again, there are different rules in england, if you are in scotland, in wales. That of people are saying it is confusing. The bigger thing is that there is not a rebellion inside the tory party about some of the extra things put in place, on the fact that the Prime Minister is gaining too much power. Debate. Big story is the ruining beauty rest. Right now, your first word news, ritika gupta. Ritika President Trump and joe biden will go headtohead for the first time in the president ial debate in cleveland tonight. The president unwittingly has n,ne a big favor to bide lowering expectations. He has painted biden as sleepy, which we have lowered expectations for menu have not seen him since the democratic convention. And a scaledback 2. 2 trillion proposal has been the legislation is designed to move along talks between House Speaker nancy pelosi and secretary of the treasury steven mnuchin. More details coming up from the New York

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Transcripts For CNBC Squawk On The Street 20240712

Speaker pelosi and secretary mnuchin set to talk this morning after House Democrats roll out a new scaled down pandemic aid bill and calling it a propagator of disinformation, why the Biden Campaign is blasting facebook ahead of tonights president ial debate jim, david, good to see you guys, welcome back im taken aback, jim, by your tweet a moment ago about stimulus and sort of a fatalist i can view of what the restaurant sector is facing in this country. I will be candid, we ran out of ppp about three months ago, some of us have just decided to pay lots of employees to do nothing and its been its done they had a chance. I think they made a decision that you would have to keep these people on until we had a vaccine, so Neither Party agreed to anything and its too late. Theres nobody to give ppp to for the most part in restaurants except look, the winners were darden in the Small Business side, we know that they were viewed as nonessential, they never snapped back unless they had someth

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